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Board of Trustees >>
The St. Bernard’s Catholic School Board
of Trustees serves the Board of Directors and the community
as stewards of permanent gifts to the School. The Trustees have
the task of assuring that most long-term donated funds are
protected from dissipation and loss by investing in prudent
assets that will yield interest income for the future benefit of
the School. We are committed to serve the Board of Directors and
report out any available contributions to their budget control
and supervision. The School’s preference is for permanent funds
to assist in making sure that our faculty and administrative
staff is fairly and competitively compensated for their service.
The St. Bernard's Board of Trustees is also tasked the
responsibility of managing sequestered funds, which are gifts
with a particular benefit in mind. For example, a donor may
intend to improve a single aspect of the school, such as the
Biology lab, the school’s heating system, or the provision of
textbooks. A donor may also reasonably constrain the expenditure
of earnings from their cash gift, or may direct that a gift be
spent, including the principal, to achieve some immediate
capital improvement goal, such as construction of a building.
The St. Bernard’s Board of Trustees encourages our community of
supporters to make long-term, or permanent cash gifts to the
School, whether they are in the form of cash, appreciated stock,
or real property. Virtually any valuable asset can be received
by the Board of Trustees and managed for the future benefit of
our children. These gifts can be made now, while a donor is
living, or through a bequest in a will or family trust. We can
help in the process by explaining to prospective donors the
advantages of making permanent and protected gifts to the school.
Thank You for your continued commitment to the success of St.
Bernard's Catholic School!
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