Parish Endowment


Created to serve as a permanent endowment resource for the general welfare, benefit and support of the religious, educational and or charitable needs of St. Monica of Carpentersville Church. All Income and earnings resulting from this endowment fund are to be used on behalf of the church and the parish at the discretion and determination of the pastor and/or other persons who posses the legitimate authority to render such financial decisions under the regulations and policies of the Catholic Church and the Catholic Diocese of Rockford. At no time may the income and/or the earnings of this endowment fund be used in a way contrary to the doctrine, policies, regulations or interests of the Catholic Church, the Diocese of Rockford or St. Monica of Carpentersville Church.