Endowment Fund

Established in 1984, the Mothers Clotildis and Marie Gerald developed a tuition assistance fund to support the financial needs of the students at Saint Gregory the Great School. Contributions to the Endowment provide financial stability to ensure the future of Catholic education for generations to come.

Virginia Education Improvement Scholarships Tax Credits
Virginia’s new Education Improvement Scholarships Tax Credits program provides scholarships for low-income new students to attend St. Gregory the Great Catholic School. Funds for these scholarships come from individuals and businesses making contributions to the McMahon Parater Foundation of the Catholic Diocese of Richmond, for which the donors receive a Virginia TAX CREDIT equal to 65% of the donation. In addition to the 65% Virginia Tax Credit, individuals, and businesses may also receive federal and state deductions for these charitable contributions, and therefore achieve tax savings in two ways. Tax Credits can be used against individual or business Virginia tax liability for the year following the year the donation was made and may be carried over for up to five years. Please consult your tax advisor to determine your specific tax savings. The minimum donation amount is $500; the maximum donation for individuals is $125,000, but there is no maximum limit for any business, including sole proprietorships. Donations may be monetary or marketable securities. To obtain Tax Credits for a scholarship donation under this new program, obtain a blank Letter of Intent and Preauthorization Form from St. Gregory the Great Catholic School or from the McMahon Parater Foundation prior to making a contribution. Please refer to the Frequently Asked Questions for additional information. You may also contact Bernadette Keplinger, Development Director (757) 497-1811, or the McMahon Parater Foundation at (804) 622-5190, or with questions.

Levels of Giving to Endowment Fund

  • Heavenly Archangels$1,500 and Above
  • Cherubim$1,000
  • Seraphim$500
  • Guardian Angel$100
  • Trumpeters$50
  • Messengers$25

Contact us

Saint Gregory the Great Catholic School
5343 Virginia Beach Boulevard
Virginia Beach, VA 23462

School: (757) 497-1811
Fax: (757) 497-7005
Beyond the Bell: (757) 692-0901
  • AdvanceEd
    Saint Gregory the Great Catholic School is AdvancED accredited and the Diocese of Richmond is AdvancED accredited as a school system.

    AdvancED is the largest community of education professionals in the world. They are a non-profit, non-partisan organization that conducts rigorous, on-site external reviews of Pre-K-12 schools and school systems to ensure that all learners realize their full potential. While their expertise is grounded in more than a hundred years of work in school accreditation, AdvancED is far from a typical accrediting agency. Their goal is not to certify that schools are good enough. Rather, their commitment is to help schools improve.
    Combining the knowledge and expertise of a research institute, the skills of a management consulting firm and the passion of a grassroots movement for educational change, AdvancED serves as a trusted partner to 34,000 schools and school systems—employing more than four million educators and enrolling more than 20 million students—across the United States and 70 other nations.
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