Ways to give
Three ways in.
However a gift arrives, it is invested and not spent. There is no development office here and nobody works on commission — the Board is entirely volunteer, so a gift is handled by the same people who decide where it goes.
A gift of any size
Send a check
The simplest way to give, and the way most gifts still arrive. Make it payable to Assumption Foundation, Inc. Every dollar joins the same invested pool, so a small gift does the same work as a large one — it just does less of it.
Note "general fund" on the memo line, or name the fund you want it to join.
$5,000 and up
Establish a named fund
A named fund carries a person or family onto the roll permanently. You choose the name and, within reason, what the award should favor. The Board invests it and distributes only the earnings, so the fund makes an award every year without ever being drawn down.
Write to the Board and an officer will walk you through it.
Costs you nothing today
Name the Foundation in your will
A bequest, a share of an IRA or retirement account, or a life insurance beneficiary designation. This is how a large share of the current endowment was built. Your attorney will want the legal name and EIN, both below.
Appreciated stock and IRA charitable distributions are also accepted.
Where to send it
By mail.
Checks payable to Assumption Foundation, Inc.
Assumption Foundation, Inc.PO Box 1041
Wisconsin Rapids, WI 54495-1041
Questions first? Write to foundation@acswr.org. An officer answers, not a call center.
What happens next
Where the money actually goes.
It is invested, not banked.
The Board sets the investment policy. The assets are managed by WoodTrust Asset Management and held across common stocks, bonds and money market funds.
Only the earnings are distributed.
The Board decides each year what share of earnings to send. Principal is left intact, which is why the oldest funds on the roll are still making awards alongside the newest ones.
The school awards the aid.
Tuition assistance is administered by Assumption Catholic Schools, so a family applies in one place. The Foundation funds it; it does not means-test families itself.
In fiscal year 2025 the Foundation held $5,629,862 in total assets against no liabilities, across 62 named funds and the general fund. Figures come from the Foundation's IRS Form 990.