T & M Fund

Formerly known as the Endowment and Memorial Fund, the T & M Fund was founded in 1865, just two years after the parish itself, to accept gifts from those who wish to make a special donation beyond pledging. Gifts are accepted in loving memory of, or in grateful thanksgiving for, a cherished loved one or event. Contributions are recognized and memorialized in the Book of Remembrance in the glass case at the back of the church and with cards to the person being honored (or their next of kin), and to the person making the contribution. Checks to the T & M Fund should be made out to “St. Peter’s Church”, with “T & M Fund” noted on the memo line.

 Gifts to T & M can be used for one of two purposes: for objects that relate to the worship of God and are used in the church for that purpose; and for scholarships for parish undergraduate or graduate students (see below).

For more information, call the parish office (978-922-3438), or speak with our rector, the Rev. Manny Faria.


St. Peter’s Church offers a limited number of Graduate and Undergraduate Scholarships. They are intended to serve as partial financial aid in the education of worthy students in financial need, to recognize their academic achievement and their service to the Church. Applications are accepted and scholarships may be awarded for the fall semester and for the spring semester of a college year. Eligible students may apply for either or both semesters in any one year.

The total amount of the scholarship funds available annually will approximate $1,000 ($500 in each semester). Decisions regarding the eligibility of and the amount to be awarded to each applicant will be made by the Scholarship Committee of St. Peter’s Church.

Requirements for Eligibility:

Undergraduate students:

  1. Completion of at least two semesters of college-level study.
  2. A minimum grade-point average of 2.5.
  3. Membership in the Episcopal Church and participation in the life of the church.

Graduate students:

  1. Completion of at least one semester of graduate study.
  2. A minimum grade-point average of 3.0.
  3. Membership in the Episcopal Church and participation in the life of the church.

Instructions for Applicants:

  1. Complete and sign the appropriate application form.
  2. Submit an official transcript of your college or university academic record.
  3. Obtain a statement from your Rector confirming your membership in the Episcopal Church.
  4. Submit your own statement describing your participation in the life of the Episcopal Church.
  5. Provide the names and addresses of three character references, including your Rector and your present or former employer.

Deadlines for the receipt of applications and their supporting documents are:

  • June 1 for a fall semester scholarship.
  • October 1 for a spring semester scholarship.

Application forms are available from and should be returned to office of St. Peter’s Church, 4 Ocean Street, Beverly, MA 01915. You can also download a scholarship application here.