St Vincent de Paul Educational Foundation

A parishioner's estate contributed a restricted amount to be used as a scholarship for the parochial school. The money was received and the guidelines were followed to pay the scholarships to the qualified students. Scholarships amounting to $1,000 was expended in the current fiscal year.additionally, the revenue of the fundraisers is periodically transferred to the St Vincent de Paul school system to help support the parochial education program. For the current fiscal year that amount was $116,204.salary assistance, teacher supplies,equipment, and tuition assistance were needed in the school system in the current fiscal year and a request was made by the schools to fund some of those improvements. A total of $138,808 was contributed to pay for the requested needs.the high school needed a new roof. The foundation borrowed $900,000 to help fund that project as well as collecting $105,550 from donors. The total cost to install the new metal roof was $1,075,359. The foundation paid for new signage for the school once the roof was installed at a cost of $13,928.