Endowments

Over the years, members of the Asheville Catholic School community have come together to build an exceptional school that offers a strong community of faith, provides a safe and supportive environment, delivers the highest standard of academic excellence, and reinforces service in the tradition of Christ. ACS students have been inspired to strive, and to achieve to their fullest potential. They leave the School well prepared for the challenges of high school, but more importantly, they leave with a deeper sense of compassion and commitment to service. Thanks to the generosity of those who have supported the School, ACS students continue to be blessed with this very special educational opportunity.

Given the ready availability of free public education, the School is acutely sensitive to the financial sacrifices families make to send their children to ACS.  In order to make a Catholic education accessible to the largest possible number of families interested in its benefits, tuition is kept as low as possible.  As is the case with most private schools, that tuition does not cover the full cost of educating a child at ACS.

In order to extend the blessing of an ACS education to future generations, the School must rely on the continuing generosity of our community of supporters – parents, grandparents, alumni, family of alumni, and friends in the parishes and elsewhere – for funding. As a private, parochial school, ACS operates without financial support from local, state or federal government agencies. The School is sustained entirely by tuition income, parish subsidies, interest from the ACS endowments, and other annual and ongoing fundraising programs. The ACS endowment funds – the Asheville Catholic School Educational Foundation and the Sheridan-Mangan Fund – help ensure the financial stability of the School.

For answers to frequently asked questions about giving to the School’s endowment funds, please click here.  You may also contact Karen Westmoreland, Director of Enrollment and Development, at 828-252-7896 or kwestmoreland@ashevillecatholic.org.

 

O’Brien and William Edward Gibbs Memorial Scholarship

This endowment was created in 2018 after the loss of two ACS students to a car accident.  O’Brien and William Edward are much loved, and this endowment was created to help existing families with tuition assistance.  Each year, 100% of Shamrock Run revenue will be placed in this endowment, and recipients will be chosen based upon merit.

Asheville Catholic School Educational Foundation

Since its creation in 1990, hundreds of thousands of dollars have been given to the Asheville Catholic School Educational Foundation, helping to provide the enhancements that tuition alone will not sustain. Our school continues the strong tradition of raising funds to further the exceptional education students receive at Asheville Catholic School. Donations can be made directly to the ACS Educational Foundation or designated through an Annual Giving donation.

Sheridan-Mangan Fund

The Sheridan-Mangan Fund was established in 2012 by Father Ed Sheridan, who came out of retirement in 2009 to serve as pastor at St. Eugene Church and administrator of Asheville Catholic School.  Father Ed named the fund for his late parents to honor them for all they did to provide him and his brother with a Catholic education.

This endowment was established through Father Ed’s personal gift of $50,000 and is designed to aid families of students attending Asheville Catholic School who are in need of tuition assistance.

Elizabeth Allen Brown Foundation

Created in 2014 through the generosity of ACS parent alum, Buster Brown.

Edith and George Hilbert Foundation

St. Joseph Foundation