The Catholic Foundation received a gift of $300,000 from the estate of Albert J. Neupauer in December 2018. The total value of the scholarship endowment fund started by Neupauer increased six times with the addition of his bequest.
Exactly one year before his death on August 21, 2018, Neupauer signed an agreement with the Catholic Foundation to establish the Albert J. Neupauer Education Endowment Fund. Neupauer wanted to provide young people at his parish of Holy Trinity in Whitehall the opportunity to attend a Catholic high school in the Diocese of Allentown. His initial gift of $50,000, funded through the donation of stock, put the scholarship endowment in place.
“Al was a man of deep faith,” Monsignor Daniel Yenushosky, pastor of Holy Trinity, said. “He saw this scholarship endowment as a way to teach the Catholic faith and values to our young people by making Catholic secondary education affordable for families in our parish.”
Neupauer solidified his commitment to Catholic education by finalizing his estate plans in October 2017. He included language in his will that left a portion of his estate after his death to the Catholic Foundation to support the endowment fund that bears his name.
“Thanks to the generosity and planning of Al Neupauer, more young people will experience the academic excellence of a Catholic education,” Pete Waldron, Executive Director of the Catholic Foundation, said.
“The Catholic Foundation is the perfect repository for planned gifts,” Waldron said. The Foundation staff works with donors and their estate planning professionals to craft a personalized endowment program that supports the Catholic cause or causes closest to their heart.
“Mr. Neupauer wanted his gift to live forever and have a lasting impact on the youth of his parish,” Waldron said. “The Catholic Foundation is honored to help him make this happen.”