Parish Endowment

Description

The St. John the Evangelist of Hanover Parish Endowment Fund in The Catholic Foundation is 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. John the Evangelist of Hanover Church. All Income and earnings resulting from the 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 possess 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 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. John the Evangelist of Hanover Church.