Establishing a Fund at The Catholic Foundation
Once you have determined the name of the fund, you will be asked to list the name(s) of the donor(s).
You will be given the opportunity to establish your specific philanthropic investment objectives and a spending policy.
Your philanthropic investment objectives will determine the investment asset allocation assigned to the fund.
You will then be asked to name the fund’s advisors. The Catholic Foundation honors the following arrangements:
Donors are advisors during their lifetime
Donors and their children may serve as advisors, with qualifying children continuing as advisors following the donor(s)’ death(s) for one generation
Qualifying children of donors may serve as advisors for one generation following donor(s)’ death(s)
After a donor’s death, the fund may be divided into separate funds for each individual qualifying child. After the child’s death, the remaining assets return to the original fund established by the donor and accrue to the Foundation’s Unrestricted Endowment Fund, or become a permanent endowment fund bearing the family name.
To contact The Catholic Foundation to discuss establishing a fund, please email info@catholicfoundation.com or call 972.661.9792.