Endowment Fund

St. Paul of the Cross Parish Educational Endowment Fund

Educational Endowment Fund

What is it and why do I need to support it?
Catholic training of both the young and old is a necessary component in today's ever-changing environment. The Catholic educational environment continues to embrace the traditional values of family, faith and education.

Endowment History

The St. Paul of the Cross Parish Educational Endowment Fund Board began its work in 2000 by championing a fundraising campaign to support affordability and accessibility of Catholic education for future generations of SPC students. One of our founding board members, Maureen McCambridge, expressed her sincere belief that “children need faith, love, and education. Nurturing the spirit of a child is priceless.” It was her great desire that an endowment be established in order to sustain this belief. Thanks to the dedication and generosity of our many benefactors, the Endowment Fund is currently valued at over $1,800,000. We have been able to utilize the earnings on the principal to help offset tuition increases, provide financial assistance to families in need, and also fund the Maureen McCambridge Scholarship to a student entering eighth grade, centered around his or her expression and exemplification of Christian values. High quality, well-­‐respected teachers and a strong curriculum are the hallmark of Catholic education. Maintaining a facility large enough to accommodate the needs of over 600 SPC students as well as approximately 1,200 Catechesis students is essential. The only way to protect and preserve our Catholic education in the 21st Century is to ensure that each Parish School is financially sound, through a growing Parish Endowment Fund.

Thanks to the dedication and generosity of our many benefactors, the Endowment Fund currently has over $1,800,000.00. This has allowed the endowment board to allocate $70,000 back to the school's operating budet for the past several years to offset rising expenditures, allowing us to keep tuition increases to a minimum. Additionally, the Endowment has funded need-based tuition scholarships for several families. In addition, the Endowment Fund has supported the mission of our St. Paul of the Cross Parish Youth Group. Over the past three years, the Endowment Fund has provided $8,500 toward the expenses for their service trips.

The St. Paul of the Cross Educational Endowment Fund helps support the overall educational mission of our Parish in the following ways:

  • To Keep tuition affordable for all families
  • To Maintain and improve educational and religious curriculum for the school children and youth of the Parish and School
  • To Provide financial assistance to families in need
  • To Provide merit based scholarships based upon their Catholic values for several students each year

To donate directly, please click on the Give to SPC button.

Endowment Scholarships

Maureen McCambridge Scholarship

The St. Paul of the Cross Parish Educational Endowment Fund's Maureen McCambridge Scholarship, awarded to an SPC student entering 8th grade, is centered on his or her expression and exemplification of Christian values.

"Her legacy and the admiration people have for her is a reflection of the vibrant, confident, faithful person she was. The purpose of the scholarship is to continue applauding strong, faithful, motivated students, so that they will impact others the way my mom did." ~ Maureen's daughter, Kelly McCambridge, SPC Class of 2004

Merit-Based Endowment Awards

  • Maureen McCambridge Scholarship - “Celebrate the Greatness of a Catholic Education”
    This scholarship was established to honor the memory of a wonderful parent, teacher, friend and parishioner at St. Paul of the Cross. Fr. Carl and the Endowment Committee created this annual scholarship to pay tribute to the values by which she lived.
    Eligibility: All current 7th grade students at St. Paul of the Cross are eligible to apply.
    Award: One $1,000 scholarship will be awarded for his/her 8th grade school year.
    Application Requirements: Applicants will submit a written application and selected semi-finalists will be interviewed.
    Financial need and academic performance are not a part of the established criteria for this scholarship.
    Applicants will be evaluated based upon Christian ideals, work ethic, creativity, compassion for others, community service, strong self-identity and leadership skills.

  • Pastoral Leadership Awards - These awards were established by the Endowment Committee as the result of a generous donation to honor the work of our current and former Pastors, Fr. Britto Berchmans and Fr. Carl Morello.
    Eligibility: All current 5th and 6th grade students at St. Paul of the Cross are eligible to apply.
    Award: Three $750 scholarships will be awarded.
    Application Requirements: Applicants will submit a written application. Applicants will be evaluated based upon demonstrated leadership and service to others. Financial need will be a consideration for at least one of the scholarships.

  • Roseann McHugh New Family Welcome Award - This award was established by an anonymous donor to honor the memory of a beloved aunt who valued Catholic education and the strong sense of community it provided to school families.
    Eligibility: All families with current K-7th grade students who are new to St. Paul of the Cross for the current school year and are returning for a second year are eligible to apply. (Previous attendance at SPC preschool does not prohibit you from applying.)
    Award: One $500 scholarship will be awarded.
    Application Requirements: Applicants will submit and be evaluated based upon a written application.

Need-based Endowment Awards 
The Endowment funds five awards totaling $7,000. These awards are administered directly by the school annually. They are available to all current students.  

Letters are sent home to all school families at the beginning of March each year. Please click on this link for the 2017 letter. 

Maureen McCambridge Award 2017
Congratulations 2017 Maureen McCambridge Scholarship Recipient, Lily N.


Maureen Award 2016
Congratulations 2016 McCambridge Scholarship Recipient, Cate M.

Congratulations 2016 Pastoral Leadership Award Recipients 

Pastoral Awards 2017