An essential component of strong academic institutions is a strong endowment. While some endowment funds are restricted for a particular use such as financial aid, general endowment funds assist the overall budget providing support for all aspects of the school's program such as faculty salaries and benefits, financial aid, athletics, the arts, instructional services, and college counseling. A percentage of endowment income is used each year within the general operating budget unless restricted for a particular purpose. If you would like more information on endowment needs, please contact Monica Gele at mgele@ashrosary.org or 504-269-1208.