What is a seminary burse?
Seminary burses form a substantial portion of the permanent endowment fund. They are established for the education and formation of future priests for the Diocese of Victoria. Burses are often initiated in honor of or as a memorial to an individual person. Contributions to them may be made in honor of someone or in recognition of a particular event. Such contributions may also serve as memorials.
The growth of the endowment fund through seminary burses will enable the Diocese of Victoria to educate and form its future priests. Names of individuals contributing to a particular burse will be published in The Catholic Lighthouse.
There is a choice of two funds:
The Diocese of Victoria has two funds available to educate our seminarians. Many of you know the diocese has a Seminary Burses Fund. The contributions to the burses are published monthly in The Catholic Lighthouse. What you probably don’t know is that the Seminary Burses Fund is a permanent endowment fund. This means that only the interest generated from the investment of these funds may be used to offset the cost of educating seminarians.
In 2008, as a result of a generous bequest, the diocese established a second fund called “Education of Seminarians Fund.” All of the monies donated to this fund, as well as the earnings, are available to cover the cost of educating seminarians. The proceeds of the special collection on Holy Thursday are deposited into the Education of Seminarians Fund. The majority of the cost of educating the seminarians since 2008 has been paid from this fund.
The Diocese of Victoria is grateful for the continued support of the Seminary Burses. Please consider making contributions to the Education of Seminarians Fund. If this fund continues to grow, the need to fund the cost of educating our seminarians through the DSA will continue to be minimal.
How can I participate?
Help our seminarians bring Christ to the people of God not only by your financial commitment but also by your daily prayers. Share God’s gifts through the support of the present and future seminarians of the Diocese of Victoria. Let us pray for vocations.
Where do I send my contribution?
To share in the formation of our future priests, send your contribution to:
Seminary Education Fund
Diocese of Victoria
P O Box 4070
Victoria, TX 77903
State the name of the burse to which you are contributing and the intention of your donation. Include the name and address of the intended family for acknowledgement.