Search
-
-
-
Burse Club History
- The ACCW has raised funds for seminarian education through the Burse Club since 1953. The Burse Club is a trust fund that is invested in The Catholic Foundation, where 5% is distributed annually to help fund the expense of seminarian formation. The 5% annual distribution funds the formation expense of about 5 seminarians each year.
- The expense of educating seminarians is at an all time high and we are currently blessed with 14 seminarians in the Archdiocese of Mobile.
- Burse Club dues in 1953 were $12, due to inflation, that is the equivalent of $143.73 today.
- In an effort to continue the tradition of growing the Burse fund, $130,000 of the Burse collection is deposited annually into the Burse Club endowment. All additional donations to Burse are used to fund current seminarian formation expenses.
- Mass is offered daily at St. Bernard Benedictine Abbey in Cullman for all donors to Burse Club.
- Catholic Charities Appeal funds are NOT used for any seminarian expenses.
-
