- What does Advancement mean?
- What is the Cathedral Fund?
- What is an endowment?
- Where can I make a gift?
- What is the ShamrAuction?
- What is a planned gift?
- Can I make my gift over time or do I have to pay all at once?
- Where is the Advancement office located?
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.
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.
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.
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.
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.