Endowment Board Distributes $576,000
The Board of the Fr. Wasson Legacy Endowment, Inc. (FWLEI) has distributed $576,000 to NPH USA for the support of the homes and programs of Nuestros Pequeños Hermanos (NPH, Spanish for “Our Little Brothers and Sisters”).
This is an increase from $491,000 in 2014. “This is our largest disbursement to date,” states FWLEI President John Iberle. “FWLEI continues to grow through donor contributions and responsible, successful investment.”
Established in 1995, FWLEI is a separate 501(c)(3) Delaware nonstock corporation, Federal ID #91-2005679. The purpose and mission of FWLEI is to create a substantial and growing financial corpus (the Endowment) that will generate income and help provide long-term financial stability for NPH.
“NPH USA is deeply grateful for this incredible gift,” says President and Chief Executive Officer Frank Donaghue. “The consistent and generous support of FWLEI allows NPH to provide a family and a brighter future for thousands of children in nine countries.”