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Endowment Fund
"Aditako Bokodan Di Gawis" = Let Us Share our Blessings


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Endowment Fund [EF] Build-up.

You may wish to donate to the St. Mary's School Endowment Fund. The goal is to raise 11 Million Philippine Pesos [approximately US$ 200,000 at an exchange rate of US$1 = 55 Philippine Pesos], to be invested  in relatively high yielding but safe money market instruments such as government securities, mutual funds, bonds and stocks. The interest earnings  will be used to help fund the general operations of St. Mary's School. If enough funds were raised and professionally managed, the endowment fund offers the best solution to the yearly funding shortfall of St. Mary's School.  The School's Year-2003 budget of 1.6 million Philippine Pesos reflects a deficit of 400,000 pesos. At an exchange rate of P55.00 to US$1.00, 400,000 Philippine pesos is equivalent to around US$7,300.00.

The St. Mary's Class of 1955 have initiated their own endowment Fund Drive and it is hoped other SMS class graduates will follow.

Click on Click on  Year 2003 Donors and 
June 8, 2004 Donations Update by Inez Saley or Year 2004 Donations to find out the latest donors to the above initiatives [you may need an acrobat reader to view the update of Inez Saley as it is in PDF]. To see past years sources of the school's endowment fund go to:
        *EF - page 1 and
        *EF - page 2

Where to send tax deductible donations:

  • The Treasurer
    SMSS Alumni and Friends Foundation
    760 George St.
    Teaneck, NJ 07666
    Phone: 201-833-1548
    Email: Isaley@aol.com

For other help options, click on any of the hereunder hyperlinks:

I. Computers and Related Equipment Funding Assistance Project.

II. Sponsor A Student Funding Assistance Project

III. Library Facilities Improvement Funding Assistance Project  

IV. Sports Complex/Auditorium Funding Assistance Project   

V. Dormitories Funding Assistance Project    

VI. School Building and Facilities Renovaion/Upgrading  

VII. Endowment Fund Build-up

VIII. Book Campaign     

IX. Salary Equalization Fund          

X. Raffles     

XI. SMSSI Operating Budget       

XII. Memorial Funds
 


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