Catholic Foundation Welcomes 88 Inaugural Members of New Forever Society What if the most important gift you ever make is one whose full impact you will never live to see? What if that gift could educate a child 30 years from now? Help form a priest 50 years from now? Or sustain a Catholic ministry a century from now? For 88 inaugural members of the Forever Society, those possibilities are…
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Leadership, volunteer involvement and passion are the key factors that led Tom and Amy Scalici of Allentown to start an endowment fund with the Catholic Foundation of Eastern Pennsylvania. The Scalici Family Fund, created in October 2017, supports three worthy Catholic causes in perpetuity: St. John Vianney Regional School, the Mercy School for Special Learning and the Catholic Charities of the Diocese of Allentown. Leading by Example Runs in the…
Read More10.5 Year TOTAL Qualified Distributions to Partners
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Read MoreA fourth investment product that provides pastors with an intermediate investment option and more flexible access to their investment funds was approved by the Board of Directors of the Catholic Foundation at its October 2018 board meeting. During one-on-one meetings and in group presentations, pastors had expressed interest to the Foundation to consider a donor designated investment option. “The Catholic Foundation wants to make sure we are serving the needs…
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The Catholic Foundation received a gift of $300,000 from the estate of Albert J. Neupauer in December 2018. The total value of the scholarship endowment fund started by Neupauer increased six times with the addition of his bequest. Exactly one year before his death on August 21, 2018, Neupauer signed an agreement with the Catholic Foundation to establish the Albert J. Neupauer Education Endowment Fund. Neupauer wanted to provide young…
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An endowment fund with the Catholic Foundation is truly the gift that keeps on giving. St. Theresa’s Parish was blessed a few years ago to receive a generous gift from one of our parishioners to help support our school. After careful consideration and discussion with our parish finance council, we decided to create an endowment fund with the Catholic Foundation. We could have easily spent it — but it would…
Read MoreIn an effort to provide additional value to its endowment fund partners, the Catholic Foundation recently rolled out customized marketing and planned giving programs. The focus is to help partners raise awareness among its constituencies about their endowment funds managed by the Foundation. The goal is to help foundation partners get additional contributions and grow their endowments. “Offering these services and resources is another way the Catholic Foundation differentiates itself…
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