The St. Peter Cathedral Altar Society thought that donating to the new Seminarian Endowment Fund and receiving a 50 percent match was too good of an opportunity to pass up.
“And, it was fun!” exclaims member Joanny Johnson.
“My son is a priest and he has made me realize how important it is to have priests for the future,” remarks Sandy Jurkovich. Her son is Father Robb Jurkovich, pastor of Our Lady of Peace Parish and All Saints Catholic Academy in Ironwood. “We feel the most important thing we can do is ensure we have priests on the altar, so we want to support their education,” says Laurie Schmit.
The Diocese of Marquette has partnered with Catholic Extension to build its capacity to meet the long-term need for funding seminarian education. The Seminarian Endowment Challenge is an initiative to build the endowment, which is a permanent fund designed to support seminarian education.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.