The Msgr. Richaud Endowment Fund was established to provide a medium through which parishioners may provide permanent, financial gifts that will help support the future ministry of St. Benilde Church and School.
The interest earnings from these gifts may be used to maintain the facilities and ministries of the church and school. An endowment gift may be made at any time, and is frequently made in honor or memory of an individual, or as part of an estate plan.
Endowment funds strengthen a church parish so that it may continue to empower its ministry even in difficult economic times. Because, under normal circumstances, only the interest earnings are distributed for actual use, this ensures each gift will make a lasting contribution through the life of St. Benilde Parish.