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An endowment gift to Bishop O'Connell High School today provides a brighter picture for our future. When you make a donation to an endowment, you give a gift with both immediate and long-term benefits.
Endowment donations are invested. A portion of the annual income from the investment is used to address immediate needs at O'Connell. The remaining funds are reinvested to ensure indefinite support.
Longtime Bishop O'Connell High School supporters, Susan and Charlie, have two goals: First, they want to make sure O'Connell continues to receive support after they're gone. Second, they want to memorialize Charlie's parents, Mr. and Mrs. Jones.
Susan and Charlie make a $25,000 donation to O'Connell, invested through the Foundation for the Catholic Diocese of Arlington. Each year, a portion of the income from the invested money is used to support our mission in honor of the Joneses. In addition, Susan and Charlie qualify for a federal income tax charitable deduction on their taxes.
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