Many young men want to become Oblate priests and brothers. But, as is most often the case, they lack the financial means required for the long years of formation. We cannot simply turn them away.
In order to help meet their need, the Oblates have established Scholarship Burses.
A Burse is a sum of money made up of large and small donations. When the accumulation of these donations reaches P 50,000.00, the amount is invested wisely and safely. The principal is never touched; it is put into a Trust Fund. The interest alone is used to defray the cost of a seminarian’s education.
When a seminarian reaches ordination as a priest or perpetual vows as a brother, the Burse starts working all over again for another Oblate-to-be. And the cycle goes on.
Your seminarian’s prayers go on and on, too, for you, their benefactor. For always there will be new Oblates grateful to you for helping bring Christ to the poor and most abandoned. A hundred years from now the Burse you so generously endowed will still be furnishing the needed funds to help more of God’s servants accomplish God’s mission.
There are two types of Burses: the OPEN Burse, to which anyone can contribute; and the RESERVED Burse, which is a designated, personal Burse.
Your donation of any amount to an Open Burse is applied to existing Burses in honor of our saints, our Oblate Founder, and Oblates who have served in the mission.
A Reserved Burse is a perpetual memorial to a designated person, a family or a group, living or deceased. P 5,000.00 can start this Burse. You may add to it at any time to complete the P 50,000.00 Burse.
You may not be able to provide for an Oblate Scholarship Burse at this time, even though you would like to. May we suggest that you do so through a Last Will bequest. Stocks, bonds, or other securities may also be contributed. After your obligations to family, parish, and others have been met, please remember the work of the Oblates in their mission and in the formation of young men for Oblate religious life.
All donations and bequests to the Oblates of Mary Immaculate are tax-deductible, the Oblates of Mary Immaculate being a Certified Non-Government Organization by the Philippine Council for NGO Certification (PCNC).
Copyright 2007 Oblates of Mary Immaculate Philippine Province. All Rights Reserved
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