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NEWS & EVENTS

12/09

Family Christmas Party- Friday, Dec. 9 – You’re Invited!

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12/11

Advent Lessons and Carols and Parish Chicken Dinner

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12/13

Lolo’s Night Out

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Meet Peg Lacy, SMM Music Ministry Director

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From the Parish Blog: Robot Creators!

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Advent 2016

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St. Margaret Mary Endowment Campaign

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As of May 2016, St. Margaret Mary has an endowment of $2,000,000. This generates approximately $60,000 per year that St. Margaret Mary can allocate to various needs at our parish and school. But the needs of our parish, school and outreach exceed the annual distributions considerably, we want to increase our current endowment and more clearly define its role in responsibly managing our budget.

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THE PLAN St. Margaret Mary is conducting a comprehensive fundraising campaign of our entire faith family to build a stronger, more robust endowment, with specific designations for every dollar raised. Through a capital campaign, we hope to secure between $4 and $8 million and allocate those funds as follows:

  • EDUCATION FUND | 70 percent of all funds raised | Educating our 5-day school students and Religious Education students in the Catholic faith is critical to the mission of our parish. To ensure that our Catholic faith remains strong a significant investment in St. Margaret Mary Catholic School is necessary to maintain a quality facility staffed with dedicated teachers and catechists. With additional annual support, we would be able to:
    • Update technology
    • Enhance our curriculum
    • Retain our teachers through more competitive salaries
    • Maintain affordable tuition
  • CAPITAL IMPROVEMENT FUND | 20 percent of all funds raised | With aging buildings, there will always be a demand for facility upkeep. A maintenance endowment will allow parish leaders to allocate additional funds annually for repairs, renovations, replacements and upkeep. For example, the heat pumps in our geothermal heating/cooling system will soon need to be preplaced. We need to maintain and periodically replace lawnmowers and snow removal equipment and other maintenance vehicles. Unanticipated maintenance issues are not uncommon. With a stronger endowment, these and similar projects can be paid primarily from our investment returns.
  • PARISH MINISTRIES AND PROGRAMS FUND | 10 percent of all funds raised | St. Margaret Mary is blessed to have active, engaged ministries that perform great work within our parish and the greater Omaha community. We serve the poor. We evangelize. We enhance the spiritual experience for all who are a part of our parish family. An investment in these ministries and programs will guarantee that this necessary work continues.

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