The long-term financial stability of Marin Catholic is dependent upon the growth of its endowment. Earned interest from the principal of this permanently endowed fund ensures tuition costs remain affordable and provides direct relief to families in need of tuition assistance.
In 2011, President Tim Navone renamed the St. John Neumann Endowment to the Bishop Thomas A. Daly Scholarship Endowment, honoring the former President’s desire to make a Marin Catholic education affordable to all who seek it.
President Navone has focused on increasing the endowment to help alleviate the annual burden of an ever-increasing financial gap. Through fundraising, market growth, and sound fiscal stewardship, the Bishop Thomas A. Daly Endowment has grown, in six years, from $1 million to $6.7 million.