Endowment Benefits

Endowments are a wonderful way to make a gift that will permanently benefit the parish, school, or specific ministry.  They provide a donor with a chance to Create a Catholic Legacy for families, individuals, parishes and schools.

Some of the benefits include:

  • The donor decides who will be the recipient of the endowment, such as a parish, school or other Catholic organization
  • The donor has the opportunity to name the endowment in honor or in memory of a loved one
  • The donor’s original and subsequent gifts (corpus) will be held in perpetuity with only the income being available for annual distributions
  • The donor has the assurance that the gift will be invested to provide for the long-term needs of the beneficiary
  • The donor will have the knowledge that the endowment will further sustain the work of the Catholic Church
  • The donor will obtain federal and state tax advantages, depending upon the circumstance of the donor
  • The donor has the security of knowing that the endowment is professionally managed and positioned for future growth with the pooling of all assets at the  Catholic Foundation