Home |
Alumni & Parents | Ways to Give | Scholarships & Endowment
email page print page small type large type




Scholarship Giving at Holy Ghost Prep

As a Spiritan school, a primary goal at Holy Ghost Prep is to offer a Catholic, faith-based education to all qualified students regardless of economic background. Now more than ever our current students rely on the generosity and commitment of previous generations of alumni, parents, and friends of the school to keep Holy Ghost Prep accessible and affordable. By giving to an established scholarship fund or by creating your own named fund you are offering a gift with both immediate and long-term benefits.

We have two options for Scholarship Giving:

Current-Use Scholarships

Current-use scholarship fund donations at all levels have an immediate impact. The funds you donate are utilized and “spent down” in the short-term to benefit students at Holy Ghost Prep. Any amount may be given to support scholarships.

Sample current use scholarship: 

$5,000 / year for 4 years (covers approximately 25% of one students tuition). Traditionally, the school will then match the annual donation from operating funds to create a one-half scholarship. Although not required, donors may commit a specific amount each year to follow the student for all 4 years.  

   

Endowed Scholarships

Endowed scholarship fund donations support HGP students over the long term. These gifts create permanent funds where the principal gift is invested to generate earnings that are spent according to the fund restrictions. Endowed scholarship fund donations strengthen HGP for generations to come and may be established with a minimum gift of $25,000 with a goal of reaching $50,000 within 4 years.

Your gift to a current use or endowed scholarship fund will help tremendously in providing a quality Catholic education to countless young men.  

See below for a list of existing scholarship funds to determining where you would like to direct you gift:


Donor Named Scholarships

Class of ’79 Scholarship (financial aid)

Shaginaw Scholarship (financial aid)

Keeley-Figaniak Scholarship (financial aid)

William Thomas Scholarship (financial aid)

Tutko Scholarship (Forensics)

Kevin Paparella Memorial Scholarship (financial aid)

Frank J. Marx V Memorial Scholarship (Award)   

Downey Scholarship


HGP Awarded Scholarships

Trustee Scholarship

Spiritan Scholarship                                    

Presidential Scholarship                           

Maguire Scholarship 

Libermann Scholarship

Marchione Music Scholarship


Establishing a Named Scholarship Fund

Named scholarship funds provide a source of funding for qualified students and families attending Holy Ghost Prep. Funding a scholarship allows students from all financial backgrounds the opportunity to experience a Catholic education in the Spiritan tradition.

Named endowment funds may be established with a minimum gift of $25,000 or more with a goal of funding the scholarship at $50,000 within 3-5 years. All Named Scholarship Funds are executed through a simple gift agreement that outlines the donor’s intent for the fund and explaining the annual schedule of administration and reporting of the fund. Initial distributions of all endowed scholarship funds may begin 12 months after minimum amount is realized.  

 

Investment Strategy

Gifts to Holy Ghost Prep’s endowment funds are strategically invested by the school and our Board of Trustees.

Endowed funds are invested according to policies established by the Board of Trustees. The Finance Committee of the Board of Trustees sets the payout rate of all endowed funds on an annual basis (approx. 4%). Any earnings produced in excess of the established distribution rate shall be reinvested within the fund to promote growth in principal.


 

To inquire about scholarship funding at Holy Ghost Prep,
please contact Matthew Dwyer, Executive Director of Development.

 mdwyer@holyghostprep.org
 215.352.6956

 

    • FriAug17 Soccer: Trip to Golden Goal Park, Fort Ann, NY
    • SatAug18 Soccer: Trip to Golden Goal Park, Fort Ann, NY
    • SunAug19 Soccer: Trip to Golden Goal Park, Fort Ann, NY
Former Holy Ghost Prep baseball star Nolan Jones was recently promoted to high Class-A ball. While recently playing against the Wilmington Blue Rocks, his family and HGP friends flocked to see him in action.
Twelve members of HGP's Class of 2018, including these eight guys pictured, will continue their academic and athletic careers this fall.

Holy Ghost Preparatory School
2429 Bristol Pike Bensalem, PA 19020
P 215.639.2102   F 215.639.4225

powered by finalsite