Advancement FAQ

What does Advancement mean?

What we call "advancement" sometimes is called "development" at other schools. Regardless of the name we have chosen, the Advancement Office at Cathedral is responsible for maintaining lifelong connections at Cathedral via alumni and community affairs, marketing and communications, and the generation of annual and/or long-term financial support of the school.

What is the Cathedral Fund?

The Cathedral Fund is the primary means of generating annual support for Cathedral. This fund consists primarily of unrestricted gifts but also includes some restricted gifts. If you make only one gift to Cathedral each year, this is the fund to which you should make your gift!

What is an endowment?

An endowment is the long-term key to the financial security of Cathedral. Endowment funds are invested by the school, and a percentage (currently 5%) of the endowment balance supports the annual operating budget. Any investment returns above and beyond 5% are reinvested into the principal balance of the endowment.

Where can I make a gift?

There are many ways to make a gift - cash, check, money order, credit card, debit card, stocks/securities, real estate, life insurance, etc. Click here to learn more.

What is the ShamrAuction?

The ShamrAuction is one of several event fundraisers designed to come together for a fun way to support the mission of Cathedral. The ShamrAuction takes place the last Saturday of February and includes a live auction, a silent auction, an online auction, dinner, beverages, a concert and a midnight breakfast. This event historically has generated approximately $400,000 or more in support of Cathedral. 

What is a planned gift?

A planned gift is a gift that a donor can make, often at little or no cost today, to make an "ultimate" gift to Cathedral to benefit the school over the long term. Click here to learn more about planned giving.

Can I make my gift over time or do I have to pay all at once?

We will work with you to establish a payment method that works best for you. You can make gifts using many payment methods - cash, check, credit/debit card, stock, etc. -- and you can make your gift over time via a gift pledge.

Where is the Advancement office located?

The Advancement Office is located in Kelly Hall, just past the Chapel and across the hall from the Counseling Center.