As the result of an act of generosity from the St. Thomas More community, a $49,000 gift has enabled the parish to start an endowment, realizing a dream that the parish has had for many years. The endowment fund is set up so that after its principal reaches $750,000 it will return a perpetual income to STM Parish.

The endowment is established to Fund:

• Capital improvements

• Religious Education

• General Fund requirements

The endowment fund is deposited with the Catholic Foundation of Western Kentucky, an institution of the Diocese of Owensboro which has been very successful in investing capital funds of this nature for optimum growth and safety.

St. Thomas More Parish is launching a campaign to promote their endowment with its parishioners and the community in an effort to begin growing the fund immediately. In time, the STM endowment could become the parish’s best contributing "parishioner."