Types of Funds
Registration for the 17th annual Advisors Series for Estate and Wealth Management Professionals on Thursday, Nov. 16 (buffet breakfast served at 7:30 a.m. and the program starts at 8 a.m.).
The program will feature Jonathan G. Blattmachr, co-author of nine books and more than 500 articles on estate planning and Teresa L. Bush, Esq., who has practiced law since 1991 and focused her practice exclusively on issues of estate and gift tax planning, probate, charitable planning, and estate and trust administration.
Participants will receive two hours of continuing education credit (CLE, CFP or CPE). Please call 972-661-9792 for any questions.
The Catholic Foundation offers several types of charitable funds to facilitate your giving. Our staff is available to discuss these options with you and help you select the fund type that best fits your needs.
A donor contributes directly to The Catholic Foundation unrestricted Philanthropy Fund, a permanent source of income for funding to meet both immediate and emerging community needs. The Foundation’s Trustees determine where the gift will do the most good, both in the present and in the future. Gifts of all sizes are accepted.
A Donor Advised Fund at The Catholic Foundation offers a convenient, flexible and hands-on approach to philanthropy. This fund allows you the opportunity to recommend grants to various Catholic and non-Catholic exempt organizations. A Donor Advised Fund can be set up with a minimum gift of $10,000 and additional gifts may be made at any time and in any amount thereafter. The fund may be recognized in the individual’s or the family name.
A Designated Fund allows you to narrow the focus of your charitable giving by specifying the charity or charities you want to support – such as a school, parish, or food pantry. The initial gift for a Designated Fund is $10,000 and additional gifts may be made at any time and in any amount thereafter.
An Endowment Fund at The Catholic Foundation provides a source of income to the organizations you support in your lifetime and beyond. This fund exists in perpetuity, enduring long-term financial support to the organizations that mean so much to you. The initial gift for an Endowment Fund is $100,000 and additional gifts may be made at any time and in any amount thereafter.
The Field of Interest Fund identifies a specific area need – children, the elderly, health care, education, housing, or the arts, for example – and asks The Catholic Foundation to make the most effective grants possible to meet that need. The initial gift for a Field of Interest Fund is $10,000 and additional gifts may be made at any time and in any amount thereafter.
A Memorial Fund established with The Catholic Foundation is a charitable living memorial to a family member or friend. This fund may be established with an initial gift of $10,000 and additional gifts may be made at any time and in any amount thereafter.
Setting up a Scholarship Fund with The Catholic Foundation allows donors to support the promise of future education for deserving students. Donors are able to set the criteria they wish to use, and the Foundation takes on the management, reporting and distribution requirements, including the selection and monitoring of scholarship recipients, though current regulations allow for donors to have limited involvement in the selection process if they wish. The initial gift for a Scholarship Fund is $20,000 and additional gifts may be made at any time, in any amount, and by any individual. Scholarship Funds are often named in honor or memory of a family member, friend, or teacher.
It’s easy to establish a charitable fund at The Catholic Foundation. Our professional staff will guide you step-by-step through the process. Here’s how it works:
5 Easy Steps
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Outline your personal philanthropic goals
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Determine how much you wish to invest in philanthropy now and/or through a simple designation in a will or trust to establish a named charitable fund at the Foundation or a gift to the Foundations’ discretionary Philanthropy Fund
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Name the fund and name the fund advisors
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Work with a Catholic Foundation professional to determine investment and spending policies for the fund
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Establish your fund with an initial gift and/or translate your charitable intentions into a lasting legacy through your will or trust
Investment Pool Reports
Our most recent investment pool reports can be seen here. If you are interested in previous years, please see the rest of our investment pool reports linked below.
The Catholic Foundation Pool Summaries Agency
Here to Serve
Please contact the Development Team at The Catholic Foundation to discuss your options and get started.
Darina O’Dowd Padian, CAP®
