The Office of Institutional Advancement
Cor Jesu is embarking on a very exciting and vital journey for the future!
The Annual Fund, which runs from July 1 through June 30 each year, supplements our operating budget. Currently, there is a tuition gap of approximately $2,000 between the cost of tuition and the cost to educate each student. The Annual Fund monies are used to offset that gap, as well as fund technology improvements, professional development and perhaps more importantly, to supplement our available financial aid. Click here for more information about the Annual Fund.
The Endowment Fund, as of June 30, 2013, has a balance of $3.9 million. The Endowment Fund principal is invested in a balanced portfolio which adheres to the parameters of the Investment Policy Statement of Cor Jesu Academy. The Principal is never spent, but the income from these investments, limited to 5% of the fund balance, is used for financial aid each year. Financial assistance was given to 1 in 5 families. Our goal is to provide a greater dollar amount of financial assistance to a greater number of girls who qualify academically each year.
The ten-year plan to increase the Endowment Fund from $2.0M to $7.0M was prepared and is followed by the Endowment Committee of the Advisory Board. The chart below shows progress to date.
Click here for more information about Endowment and Named Scholarships.
We believe that Cor Jesu is an extraordinary resource to young women, their families and our community. We rely on the generosity and support of parents, alumnae, parents of alumnae, grandparents, faculty and friends to continually advance the spiritual and academic mission of Cor Jesu.
Thank you for your interest in supporting Cor Jesu Academy. To donate online click here, or for more information, contact Katie Thiemann, Director of Institutional Advancement, 10230 Gravois Road, St. Louis, Missouri 63123, (314) 842-4429 ext. 278 or firstname.lastname@example.org.
Click here for more information on how to donate securities.
Katie Magee Thiemann
Director of Institutional Advancement