Monday, September 27, 2021

About the Salpointe Foundation


Jake Kagele is an experienced financial advisor based in Tucson, AZ. He serves as the managing partner of Nova Financial Services, an investment firm he founded in 2009. A Certified Investment Management Analyst certification (CIMA), Jake Kagele is also a member of the investment committee at the Salpointe Foundation.

The Salpointe Foundation is a nonprofit organization whose sole aim is to improve the education experience of students, staff, and faculty at Salpointe Catholic High School in Tucson, Arizona. 97 charter members who collectively donated $120,000 to fund the organization’s charitable activities started the nonprofit in 1984. Today Salpointe Foundation has close to 800 members whose regular donations have made it possible for the nonprofit to have assets, including endowment and unrestricted funds, of approximately $2.7 million. 

Some projects the Salpointe Foundation has funded at Salpointe Catholic High School include campus-wide Wi-Fi, a digital photography lab, school theater upgrades, and the $1.5 million Foundation Hall which is used as a school cafeteria and multipurpose space for Tucson community events. The foundation also regularly provides financial aid to needy Salpointe Catholic High School students. For the 2021-2022 school year over $202,000 will go to student financial aid.