• St. Michael's Catholic Preparatory School Seal - White

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Time and Treasure

Endowment

Investing in Our Future
We Believe in Nurturing a Legacy of Excellence Through Strategic Investments in Our Endowment

At St. Michael's Prep, we believe in nurturing a legacy of excellence through strategic investments in our endowment. These contributions serve as the cornerstone of our commitment to providing exceptional education for our students and faculty.

Endowment gifts provide permanent support essential to meet rising costs and unexpected expenses. A useful tool for attracting top faculty and leadership, endowment funds differ from philanthropic gifts in that the total amount of the donation is invested. Each year, only a portion of the income earned is spent while the remainder is added to the principal for growth and an everlasting legacy.

Families may establish a named endowment or make a gift to the general endowment fund. 

All endowment gifts make a transformational difference for our students.
The impact of an Endowment gift is profound, offering steady income that supports our school's operations and programs on a yearly basis. By investing in our endowment, you play a vital role in ensuring the long-term sustainability and growth of St. Michael's Catholic Preparatory School.
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Your leadership-level investment strengthens our innovative educational programs, empowering students to pursue their passions and become leaders of purpose and excellence. While naming an award or fund requires a gift of $50,000, donations of any size make a meaningful impact on the future of our school.

Adding Your Legacy to Ours

The excellence of a St. Michael's Prep experience is made possible by the generosity of our community members, including parents, grandparents, alumni, past parents, and friends. Your gift to the school's endowment directly benefits every student, providing them with the foundation and inspiration to make a positive impact in our world.

Endowed funds are crucial to the future of St. Michael's Prep, providing a stable source of support that is used to address current needs and future opportunities. Whether unrestricted or designated for specific purposes such as scholarships or endowed faculty chairs,  your contribution ensures that our educational mission continues for generations to come.

Currently, St. Michael's Prep boasts over 13 named endowments, each with a rich history dating back to our founding in 1984.

The time to invest in the future of St. Michael's Prep is now. Join us in shaping a legacy of excellence that will impact generations to come.

Endowments are:

List of 4 items.

  • Charitable funds that offer stability to institutions

  • Comprised of funds from multiple donors, each contributing to specific purposes

  • Critical to the financial health of schools

  • Essential for offering high-quality, accessible education

The Founders Endowed Award

Inspirational, Dedicated, Innovative, Collaborator, Thought Leader, Selfless Servant, Mentor. These qualities and more describe the founding faculty and staff who continue to share their gifts with the St. Michael’s Prep community. In honor of these special employees, this Fund was established to honor their commitment and dedication to the mission of the school by honoring two deserving 8th grade students with a Founders Award as they transition into their Upper School experience. Award recipients are one who began his or her journey in our PreK program, and who has exemplified the school’s mission and values throughout their St. Michael’s Prep journey. Additionally, he or she will have demonstrated a desire for academic achievement and joyful servant leadership. The second recipient of this award is one whose tenure at St. Michael’s Prep is a model for others to follow. They will have advanced the mission and vision of our school through their academic growth and success, meaningful service to others, and an embodiment of the Cardinal Virtues of prudence, temperance, justice and fortitude; the values recited through the School Oath weekly.

Current Endowments

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  • Al Ramos Endowment

    This grant, which was created anonymously in 2005 in the name of Al Ramos, an alumni parent of Scott '96 and Jacob '01, will be awarded to an applicant of Hispanic heritage who has maintained a solid B or higher average in junior high.
  • Beverly Nash Bell Endowment

    This grant was created in 1997 in memory of Beverly Nash Bell.  In an effort to keep her memory, this grant will be awarded to an applicant who would not be able to attend St. Michael's without financial support. This student is academically-motivated and has a strong desire to take advantage of the dynamic curriculum St. Michael's offers.
  • Bishop John McCarthy Endowed Scholarship

    The Bishop John McCarthy Endowed Scholarship Fund was created for young adults who emulate and share the values of Bishop McCarthy in his service and devotion to the poor as well as those who suffer due to poverty.  Bishop McCarthy loved the Catholic Church and stood by the side of the Church throughout his life.  He was an incredible intellectual, scholar, leader and thinker.  It is the hope of Dr. William J. and Mrs. Rhonda G. Paver that the fund will grow in future years and be awarded to students who exemplify these traits as young men and women.
  • Brendan P. Mooney Endowed Scholarship

    This grant was established in 2002 in memory of St. Michael's Class of 1999 alum, Brendan P. Mooney, who passed away unexpectedly as a college student.  Started by his parents, Mary and Tom Mooney, the grant celebrates his life, and will be awarded to an applicant who has maintained a B or C average who would like to expand their knowledge and perfect study skills during his/her St. Michael's high school career.  The award will be given to a child from a St. Michael's partner school, who also hails from a large family.
  • Deacon Crain Endowment

    This endowment was created in memory of William H. "Deacon" Crain in January of 1985. This grant will be awarded each year to an academically qualified student who is also able to demonstrate financial need.
  • Dehan Endowment

    Established in 1998, the Dehan Endowment is awarded to a student who exemplifies the St. Michael's mission and appreciates the opportunities for leadership, service and decision-making that is consistent with Catholic values. The Dehan Endowment helps to supplement ongoing support for programs at St. Michael's that make a difference in the educational experience through usage of the school's support services such as the Learning Center, the Writing Center, and the College Counseling office.
  • Father Vincent Lopez Endowment

    This endowment was created in 1992 in honor of Father Vincent Lopez, the former head of school at St. Michael's.  This grant will be awarded each year to an academically qualified student who is also able to demonstrate financial need.
  • Kairos Endowment

    Since 2011, this grant has been awarded each year to the Theology Department to offset costs associated with the Kairos retreats for St. Michael's students.
  • Klepac Endowment

    This grant was established in 1997 in memory of Jim Klepac, a close friend of Corky Cave, a St. Michael's supporter.  Both men valued Catholic education in Austin and so Corky generously started this endowment in Jim's memory at St. Michael's.  The grant will be awarded to an applicant who has maintained a solid B average in junior high.
  • Leroy and Lola Bednar Endowment

    Established in 1994, this grant was created by Lola Bednar and will be awarded to an applicant who would not be able to attend St. Michael's without financial support.  This student is academically-motivated and has a strong desire to take advantage of the dynamic curriculum St. Michael's offers.
  • Marist Endowment

    This endowment was created in honor of the Society of Mary (S.M.) or Marist order of Catholic priests in 1997. The St. Michael's president and principal, now The Most Reverend Joel M. Konzen, S.M., Auxiliary Bishop of Atlanta, departed the same year the grant was established.  This grant will be awarded each year to an academically qualified student who is also able to demonstrate financial need.
  • Msgr. Richard E. McCabe Endowment

    This endowment was created in memory of Msgr. Richard E. McCabe, who was one of the founders of St. Michael's.  He worked tirelessly throughout his life for Catholic causes and held a special place in his heart for St. Michael's, the first Catholic high school in Austin.  This grant is awarded each year to an academically qualified student who is also able to demonstrate financial need.
  • Seton Healthcare Family Endowment

    Created in 1995 by Seton Healthcare Family, this grant will be awarded to a minority applicant who has a specified interest in pursuing studies in the medical field.  This desire will be identified through the answer to a prompt for an application essay as well as a solid B or higher average in science in junior high.
  • Talbot Family Faculty Endowment

    The Talbot Family Faculty Endowment aims to support St. Michael’s outstanding faculty by providing an annual grant for professional development. It is the faculty's passion, hard work, and authentic interactions that help the students at St. Michael's succeed. As such, it is vital for faculty to have the opportunity to continue their education in order to uphold the reputation for academic excellence that St. Michael's was built upon. The hope that the endowment will grow in order to both support current faculty and attract outstanding educators to our school.
  • The Figer Distinguished Teaching Award

    Generously started in 2017, Donald and Pamela Figer donated the seed money for the annual St. Michael's Excellence in Teaching Award. This grant is awarded to a St. Michael's faculty member who has had a direct and positive impact on a number of St. Michael's students during the school year. The current St. Michael's community (families, students, and faculty/staff) vote for the winner in the spring of the current school year. The award is presented at the graduation ceremony of the same year it is voted upon.
St. Michael’s Catholic Preparatory School maintains dual accreditation by Independent Schools of the Southwest and the Texas Catholic Conference of Bishops. 

St. Michael’s Catholic Preparatory School does not discriminate on the basis of race, religion, color, age, gender, national or ethnic origin in : (i) the admission of students; (ii) the offerings of rights, privileges, programs, or activities generally made available to their students; or (iii) the administration of educational policies, financial grant programs, athletic programs, employment practices or policies, or other school-administered programs.