building for the future
The Saint Xavier High School Endowment Program has grown significantly since its beginning in the early 1980s. Since then, more than 320 funds and individually named endowments have been established through gifts of cash, appreciated securities, and outright bequests, growing the overall endowment's value to more than $35 million. The most significant benefit to St. X is the fulfillment of a long-term objective to control the cost of tuition increases, provide assistance to qualifying students, endow faculty positions, and enhance the educational experience for generations of future Tigers.
ENDOWMENT MANAGEMENT AND SPENDING POLICIES
Endowment gifts may take the form of cash, appreciated securities, or real or personal property and are guided by a written Endowment Agreement with each named endowment donor. Funding an endowment may be a one-time gift, or a benefactor may take up to five years to fully fund their endowment pledge. The annual earnings on a donor’s endowment, up to 5% of the endowment’s value, established annually, will be allocated to the endowment’s purpose each year. All Saint Xavier Endowment Funds share equally in investment gains or losses. In the case of excess earnings, they will be tracked along with the principal gifts allowing for continued growth in the donor’s endowment fund. Saint Xavier’s investment policy is reviewed annually and adheres to the most up-to-date investment strategies, including social consciousness. An annual update on the endowment’s performance will be provided to the donor or their designee, and recognition includes the fund name printed in the Saint Xavier Annual Report.
If you want to learn more about creating a new endowment fund, please call the Office of Institutional Advancement at 502.637.8485.
The Brother Paul Van Gerwen, C.F.X. Founders
Brother Paul Van Gerwen, C.F.X. was the founder and first principal of Saint Xavier High School. These generous benefactors have embraced Brother Paul’s early vision of establishing a school that would continually meet the Catholic education needs of the young men in our community. Through a cumulative gift of at least $100,000 for endowment, the Founders assist in securing the school’s financial future. Each Founder is recognized as a member in one of three giving levels:
- LEVEL I: BROTHER THOMAS MORE PAGE, C.F.X.
- LEVEL II: BROTHER JAMES PHILIP GARRITY, C.F.X.
- LEVEL III: BROTHER PAUL VAN GERWEN, C.F.X.
LEVEL I: BROTHER THOMAS MORE PAGE, C.F.X.
Brother Thomas More Page, C.F.X. Donors at the Brother Thomas More level are honored for their commitment to St. X similar to Brother Thomas More’s. As the school’s 16th principal (1953-1960), Thomas More was instrumental in the relocation of the Brothers’ residence and school grounds to the current campus located on Poplar Level Road. In addition, he served as athletic director and had a significant impact on the development of Saint Xavier’s nationally-ranked athletic program. Benefactors at this level are recognized for cumulative gifts to the endowment of $1,000,000 or more. These gifts support student tuition assistance or endow faculty department chair positions.
LEVEL II: BROTHER JAMES PHILIP GARRITY, C.F.X.
LEVEL III: BROTHER PAUL VAN GERWEN, C.F.X.
Brother Paul Van Gerwen, C.F.X. This original giving level was established in 2001 to recognize cumulative gifts to the endowment of $100,000 or more. These gifts, made in the spirit of the St. X founder, support student tuition assistance or other areas as specified by the donor.
Founders will have a separate “Named” Endowment Fund. The fund can be restricted for a specific purpose or dedicated for use where there is the greatest need. The fund will be named as directed by the donor and can be established in honor or in memory of a family member, a Xaverian Brother or other significant individual in the donor’s life. Donors will receive yearly fund status reports. Recognition includes acknowledgement in the appropriate Founders section of the Saint Xavier annual report and the fund name will be permanently displayed on the digital displays around the St. X campus.
Saint Xavier High School - Named Endowments
Benefactors who contribute a cumulative amount of $50,000 or more will establish a “Named” Endowment Fund. The fund can be restricted for a specific purpose or can be designated for use where there is the greatest need. The fund will be named as directed by the donor and can be in honor or in memory of a family member, etc.
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The Brother Benjamin Burke, C.F.X. Endowment
Benefactors who make a cumulative gift of $25,000 or more qualify for a fund within The Brother Benjamin Burke, C.F.X. Endowment. This fund was established in 1986 to seek funding for increased availability of need-based tuition assistance. Today, over 100 benefactors have a fund each providing tuition assistance annually.
NOTE: Funds within this level can be restricted to support a benefactor's purpose of choice. Current funds include a teacher project award, a student interest award and a student recognition award. The endowment donor will receive yearly fund status reports.
Before July 1, 2023, funds could be established within the Brother Benjamin Burke, C.F.X or Saint Xavier Endowments at $25,000. Since that date, endowments are now established with a gift of $50,000.
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Martin J. Amlung '45 †
In Honor of Daniel B. Amlung '72
Anonymous
Archdiocese of Louisville
In Memory of Howard Arendt '43 by Mrs. Dorothy A. Arendt
In Memory of David W. Baird '50 by the Baird Family and Friends
Bank of Louisville Charities, Inc.
Richard B. Banta
Joseph William Barnes '34 †
George Baumann, II '75
In Memory Of James K. Beckmann, Sr. '48
In Memory of Joseph Edward Boland by William O. Boland, Sr. '33 †
The C. Clark Burckle, Jr. '06 Leadership Endowment
In Memory of Justin A. Burger '01
The Brumleve Endowment
The Class of 1952
The Class of 1966
The Class of 1969
The Class of 1975
The Class of 1986
The Class of 1988
The Class of 1992
The Class of 1993
The Class of 1994
The Class of 1995
The Class of 1996
The Class of 1997
The Class of 1998
The Class of 1999
The Class of 2003
The Class of 2007
Mary and Charles Cloern Endowment Fund
In Memory of Robert A. Conkling '70 by the Conkling Family
Michael E. Cowherd '78
George O. “Chips” Cronen '67 †
The Daus Family Scholarship Fund
The Carl Daley ’92 Family Fund
The Estate of Robert E. Dixon '46
Timothy M. Egan '94
Sister Margaret Grace Elsey, S.L. †
John F. Fihe, Jr. '82 †
The John D. '80 and Deborah Ford Endowment Fund
The William A. Gates, Jr. '38 Memorial Fund
Norton and Nell Gatz Family Fund
Drs. Greg '70 and Linda Gleis
The Estate of Richard Lee Gognat '65
Frederick A. Greenwald '55 †
The Estate of Donald S. Grenough, Sr. '45
The Gruner Family
In Memory of David B. Gutgsell '82
In Memory of Gertrude and Paul Hauber
In Memory of Kyle A. Haywood '06
T. Christopher Heavrin, Class of 1966, Student-in-Need Scholarship Fund
Robert C. Helfrich, Jr. '67 and Brian A. Helfrich '93
Carleen and Carl '78 Herde Fund
Brother Emeric Hornick, C.F.X. †
In Memory of Shirley A. Scully Houk
In Memory of James C. Kennedy '38 by Rick and Alice Kennedy and Michael and Marilyn Kennedy McGuire
Rudy Klapheke '49 †
Edwin R. Klausing †
In Memory of Bernard L. Kleinhenz '53 by Teresa and Brian '76 Riggs
In Memory of Michael “Mike” D. Kremer '75
The Rob Kremer '87 and Missy Kremer Family Endowment
In Honor of Jeffrey Kroh by Joseph E. Kroh '61
The Kute Family, Tom, Sr. '68, April, Tina, Tom, Jr. '98 and Billy '01
The Estate of John R. Lang, M.D. '56
In Memory of W. Michael Larkin '58
The Estate of John J. Luber '22
In Memory of Jeremy Mattingly '00 by Joe and Pam Mattingly
The Linda Gruner Mayer Memorial Fund
In Memory of Craig L. Merimee '96
Louis W. Mohlenkamp '14 †
In Memory of James A. Montgomery '89 by the Montgomery, Allocco and Blazis Families
Richard L. '49 and Patricia K. Montgomery
In Memory of Eugene Sauer by Mrs. Mary B. Moore
In Memory of August D. “Gus” Murphy '10
In Memory of James P. and Loretta O’Brien
The Dr. Charles R. '52 and Norma Oberst Family, Charles, Jr. '84, Paul '87, Paul, Jr. '17 and William '19 Fund
The Ogburn Family Fund
The Thomas P. and Mary Rose Osborne, Sr. Family Fund †
Dr. and Mrs. John Pank '71
Raymond J., Jr. '65 and Pat Paulin
In Memory of Ruth and Emmett '36 Ratterman
In Memory of Leo “Lee” Reherman, Jr. '84
The John T. Rice Fund
Charles V. Riche, Jr. '41 †
Harry '65 and Helen Rothgerber
Mr. and Mrs. Richard W. Rutledge '84
Mr. and Mrs. William J. Rybak
In Honor of Christian '98, Jonathan '00 and Tyler '06 by Mr. and Mrs. Christian G. Sawyer
Dr. † and Mrs. † G. Randolph Schrodt '45
The Estate of Joseph N. Schuler '36
The John B. Scully †, Class of 1911, Endowment
The Sermersheim Family
Mr. † and Mrs. † Henry B. Shircliff, Jr. Family Fund
John H. Shoemaker † and John M. Stanton, Jr. † Fund
In Memory of Logan Martin Spears '11
In Memory of Vincent A. Spoelker, Sr. '37 by Matthew '98 and Stacy Hartlage
James E. Stansbury '42 †
In Memory of George W. Stebbins
Joseph A. Steltenpohl '33 †
Stewart-Byron Fund, In Recognition of Robert J. Byron, Sr. '40 † and his descendants who were graduates by Constance M. Stewart
Carl M., Sr. and Ellen B. Thomas
John C. Thompson '85
In Memory of Terry Welby Tyler, Jr. '93 by Terry W. Tyler
Donald H. Vish '63
Isaac Emerson Walker Memorial Music Scholarship Fund
The Cameron C. Ward '18 Endowment Fund
The James A. Watts '43 Memorial Endowment
Charles W. Weyland '41 †
The Brother George A. Willenbrink, C.F.X. '44 Memorial World Language Award
The Estate of Anna Marie Willinger
The James I. Wimsatt Foundation Fund
Saint Xavier High School - Restricted Endowment Donors
Benefactors who make a cumulative gift of $25,000 or more qualify for a restricted fund within The Saint Xavier Endowment to support their purpose of choice. Current funds include a teacher project award, a student interest award and a student recognition award. The endowment donor will receive yearly fund status reports.