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Click to View 2008 Endowment Event Photos
The Hope House
Ministries Endowment Fund serves as an investment fund
set aside for long-term support of the agency. The principle
is preserved in perpetuity, realizing its objective
to enhance service autonomy and provide an independent
source of revenues while strengthening our mission.
Each year 5% of the fund is made available to support
the ministry's outreach programs:
- The Community House - a residential home for young
people at risk
- The Human Services Center - supporting 300-375 clients
monthly through counseling services
- The Children and Family Center - dedicated to the
growth and development of children
- Montfort Therapeutic Center & Peace Academy
- offering sanctuary to children caught in the court
system
- Montfort Academy - providing educational support
for students with special needs from surrounding communities
- Siena and Wisdom Houses - offering refuge
for up to 12 adults in need at a time
- Pax Christi - providing shelter and other
human services to homeless individuals
The Board
of Directors of HHM has selected an Endowment Committee
(EC), comprised of investment professionals who are
dedicated to our mission. A strict plan of policies
has been established by the EC and approved by the Board
of Directors to ensure that the monies in the Endowment
are managed according to appropriate fiduciary standards
and in a manner consistent with HHM's objectives. Any
limitations and conditions as to investment or disbursement
under which a gift or bequest has been made, shall be
diligently observed by the EC. The EC has established
and will monitor appropriate procedures to ensure that
all such limitations and conditions are met. HHM will
continue to own the principal and all earnings from
the money invested in this fund.
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