The gala was initiated 8 years ago as a part of a "second effort" to grow the endowment fund. At that time, the endowment fund was valued at $425, 000 and with the help of the gala, the Stastny Hacek fishing Tournament and growth of the investment, it has has grown to $880,000. The earned interest of the the endowment has benefitted the parish's religious education programs by more than $250,000. The first 7 galas have deposited nearly $300,000 into the principal of the endowment. The principal of the endowment fund remains invested and only the interest is utilized.