An endowment is a way to provide support to the students of Saint Patrick High School in perpetuity or to support salaries, benefits and professional growth opportunities for faculty. With a gift or pledge of $100,000 a benefactor can establish an endowment of which only a portion of the interest is used each year. Endowments may be made in honor of – or in memory of – a loved one. The endowment funds are pooled into a general endowment fund used to assist students in need each year and to retain and attract excellent faculty members.