Endowment funds can be a permanent, self-sustaining source of funding for De La Salle Collegiate students, programs, faculty, and capital needs. Endowment assets are invested and each year, a portion of the value of the fund is paid out to support the fund’s purpose. Any earnings in excess of this distribution are used to build the fund’s market value, giving funds the chance to grow and provide support for their designated purpose in perpetuity.
Brother Robert Carnaghi Endowment Fund
Brother Robert Carnaghi, FSC, is a St. Joe’s alumnus from the Class of 1948. He took his vows as a Christian Brother in 1949 and spent the next four decades doing the Brothers' work around the world. He was President of De La Salle from 2002 to 2011. This fund was established in Brother Bob’s name in 2011, in recognition of his 60-plus years of service to the Lasallian mission.
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