Description

The Newman CCHS of Sterling Education Endowment Account in the Catholic Foundation is intended to provide financial resources for the mission, programs, operation, improvement and/or maintenance of facilities, long-term continuation and growth of Newman CCHS of Sterling IL. All earnings resulting from this endowment trust are to be used according to the purposes of the trust on behalf on Newman CCHS of Sterling at the discretion of the Superintendent and/or Principal once said earnings are designated and approved by the Newman Council of Administration for Newman’s use. In the event that Newman Central Catholic High School ceases to operate, the said endowment trust account will be used to serve the general welfare, benefit and support of the religious educational needs of the Catholic Schools and/or Catholic Education in the Sterling Deanery.