Marian Catholic hosts annual Endowment Golf Classic
September 20, 2012 4:04PM
Barb Gallagher (from left), Patrice Hanser, Connie Hochstetler and Susan Van Etten take to the golf course recently during the 23rd annual Marian Catholic Endowment Golf Classic. | Supplied Photo
Updated: October 24, 2012 6:09AM
More than 160 golfers helped raise $109,000 for student scholarships during the 23rd annual Marian Catholic Endowment Golf Classic in Flossmoor. The event was established in 1989 and focuses on building a future of scholarships through endowment, school officials said.
“The balance in the Endowment Golf Classic account grows stronger every year,” school president Judine Hilbing said. “The scholarships we award are funded by the market return on investments, so all the proceeds from this event strengthen the principal investment of the endowment.”
Mike Kennedy participates in the event every year with a team of friends and former classmates.
“I was blessed with a Marian Catholic education by my parents, and I have both a duty and a desire to share that same blessing with others,” Kennedy said. “The Endowment Classic is a good way to give back and to have a great time doing it.”
School officials said the Endowment Classic Scholarship Fund has grown to become the largest scholarship within the Marian Catholic institutional endowment portfolio, posting more than $2.3 million and awarding $80,000 in scholarships this past year to students of solid academic promise who demonstrate financial need.
“This funding achievement is only possible because of the loyal support from our MCHS community and stewardship of the Dominican Sisters and the Board of Directors,” school officials said in a news release.
Staff reports
