Cathedral-Carmel Foundation
Cathedral-Carmel Foundation was established in 1969 to build a corpus of endowed monies for the long-term support of Cathedral-Carmel School. A portion of the interest earned by the endowment funds are returned to the school (annually) in the form of grants and scholarships to assist with tuition, teacher resources, and campus improvements.
The Foundation receives both restricted and unrestricted gifts of cash and/or stocks. Gifts to the Foundation help to preserve, promote, and perpetuate Cathedral-Carmel School as an outstanding educational institution.
*Restricted gifts are generally in the form of donations to a Named Endowment Fund, the Brick Campaign, or the Annual Golf Tournament.
*Unrestricted gifts are added to the corpus of the Foundation’s general endowment fund or operational fund. The Foundation also receives bequests as named in trusts or wills.