Marian Catholic High School has entered into a long-term relationship with Catholic Investment Services to provide investment management for the school’s growing Endowment Funds.

“Marian’s new partnership with Catholic Investment Services is a critical next step in ensuring Marian’s long-term financial sustainability for future generations,” said Bill Stulginsky, Class of 1969 and chairman of the finance committee of the school’s board of directors.

“Marian’s endowment funds critical aspects of our operations, including student scholarships, faculty development, capital improvements and more,” Stulginsky added. “Growing our endowment as a larger portion of our annual revenues is a key strategic priority in the coming years, and we look forward to working with Catholic Investment Services on that front.”

The nonprofit Catholic Investment Services organization was started in 2013 by Scott Malpass, former chief investment officer for the University of Notre Dame, and Jack Brennan, chairman of Notre Dame’s board of trustees and former chairman and CEO of the Vanguard Group.

By 2014, CIS officially launched its first investment offering. Since then, Catholic institutions nationwide who work with CIS have enjoyed access to well regarded investment managers, as well as the satisfaction of advancing Catholic values.

Catholic Investment Services is distinct in the investment world for several reasons: its commitment to advancing both Catholic principles and solid investment performance; its passion for helping Catholic institutions sustain their vital work; and its diligence in providing sophisticated investment solutions and exceptional client service.

“At the core, we are champions for our investors. We listen, give them our best guidance, and provide resources that help them become more effective stewards for their organizations, said Tom Lanctot, chief executive officer of Catholic Investment Services.

“By partnering with Catholic Investment Services, Marian will tap into a wealth of resources, expertise and shared values that we believe enhances and sustains our Catholic mission,” said Marian’s Head of School Michael Brennan, Class of 2006.

Endowed scholarships at Marian Catholic High School are designed to give annual awards to students indefinitely. The term endowed means that the gift from the donor is invested.

A portion of the interest earned then provides yearly scholarships for students, while the original gift or principal is never used. The remainder of the interest plus dividends and capital gains earned are reinvested so the principal grows. As the size of the principal grows, the interest earned also grows and provides larger amounts to award to students.

A minimum of $50,000 is needed as principal for at least one year before awards from an endowed scholarship can be given to students. Gifts of any size may be added to the fund in a span of five years to reach the $50,000 starting point. Estate gifts to an endowed scholarship do not have a time limit.

To learn more, contact Michael Brennan at 570-467-3335 or email mbrennan@mariancatholichs.com or Dr. Erin Marek, director of advancement, at 570-467-3335 or email at emarek@mariancatholichs.com.