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Seminarian Endowment FundThe Diocese of Peoria currently has nearly 40 men studying for the priesthood for the Diocese. Over the last decade, The Diocese of Peoria has ordained more priests per capita than nearly any diocese in the country. The cost of education for this large group of seminarians is very high. Thanks to the generosity of God's people, we are able to provide for the needs of our future priests. This is possible mainly through contributions to the Seminarian Endowment Fund.
What is the Seminarian Endowment Fund?The Seminarian Endowment Fund is a permanent fund set aside to provide income for the education of seminarians. The dollars in the fund (called "principal") are never spent but are invested, with the interest used each year for our seminarians. Since the principal is never touched, this endowment fund is truly a "gift that keeps on giving." Donations made to the fund will continue to support our Vocations program every year, as long as the Diocese exists. How can I give to support our seminarians?
With your contribution, it is important to specify that you wish the funds to be used for the Seminarians Endowment Fund. Checks may be made to The Diocese of Peoria Seminarian Endowment Fund and sent to:
Supporting Our Seminarians Gifts of stock, mutual funds and other assets are also welcome. Please contact the Office of Development and Stewardship at (309) 671-1550 for more information. Can I remember the Seminarian Endowment Fund in my will?Yes! In fact, this is one of the most common ways to give to an endowment fund. Because it is permanent, it is an ideal place to make a final gift, in memory of yourself, an honored priest or someone in your family. The proper legal wording for a bequest is: The Catholic Diocese of Peoria, for the use and benefit of the Seminarian Endowment Fund.
Praying for our Seminarians and an Increase in VocationsOur greatest need is not for financial gifts, but for people willing to pray daily for our seminarians and for an increase in vocations. Please consider making the following prayer to St. Therese, Patroness of our Vocations program, a part of your daily routine.
St Therese, patroness of vocations, pray for us. |