Tuition assistance
The largest share of what the Foundation distributes goes to families who need help meeting tuition. It is awarded through the school, not the Foundation, so a family asks one office and one office only.
A permanent endowment for Assumption Catholic Schools
Tuition help that
never runs out.
Every gift here is invested rather than spent, so only the earnings are distributed. Since 1968 that has paid tuition assistance at Assumption Catholic Schools through 62 named funds — most of them opened in memory of someone.
The roll · 62 named funds
The Foundation holds 62 named scholarship funds. A full, searchable index is on the funds page.
- $5.63M
- Held in trust
- 62
- Named funds
- 1968
- Incorporated
- 0
- Compensated trustees
Total assets, FY2025
49 of them memorials
58 years ago this August
The board is entirely volunteer
How an endowed gift behaves
The gift stays. Only what it earns goes to school.
Set an amount and give the fund a name. The plate shows what that gift would send to Assumption Catholic Schools each year, and what it would have sent by the time this year's kindergarteners graduate.
Assumption Foundation
The Ashbeck Family
Scholarship Fund
- Awarded every year
- $1,000
- Sent to school over 25 years
- $25,000
- Principal spent
- $0
Figured at the Board's 4% annual distribution, principal held intact. The Board reviews the rate each year.
Mission
To support a quality Christian education through Assumption Catholic Schools, to all students seeking this opportunity.
Operating support
Each year the Board approves a distribution to Assumption Catholic Schools to support the school's operations. It is the Board that decides the amount and approves the release, so the money is directed deliberately rather than drawn automatically.
Funds that outlast us
A named fund is invested and never spent. It carries a family name onto the roll and pays out every year, indefinitely. Most of the funds here were opened by people who are no longer living.
The funds
49 of these 62 funds are memorials.
Nearly every fund on this list started the same way: someone died, and the people who loved them decided the money should go on paying tuition. The Foundation's job is to make sure it does.
- Ed AltmannIn memoriam
- Loretta ArendtIn memoriam
- Chuck & Shirley ArnoldIn memoriam
- Ann & Henry AshbeckIn memoriam
- Frank & Teresa AshbeckIn memoriam
- Irma J. Bellew
- Dolores BenderIn memoriam
- Ruth Marie BirkhauserIn memoriam
- Mary & William BoyarskiIn memoriam
- Kathleen BrandtIn memoriam
- Tom & Anne Corcoran
- Stanley J. & Phyllis CwickloIn memoriam
Start a fund
Put a name on the wall.
A named fund can honor a parent, a classmate, a teacher, or a family. Write to the Board and an officer will walk you through it — there is no development office and no one working on commission.