endowment funds Catholic Foundation of Eastern PAAn endowment fund provides a source of annual income to a Catholic organization of the donor’s choice. An endowment can honor or memorialize a loved one, or establish a lasting legacy of faith, or support the donor’s chosen organization or cause. Because an endowment is designed to grow and last in perpetuity, it makes it possible for a donor to ensure long-term, everlasting financial support to a chosen cause.

Creating a new endowment fund requires an agreement between a donor and the Catholic Foundation. This agreement permanently defines the purpose, and outlines the procedures for managing the endowment funds. A standard language is maintained by the Catholic Foundation to ensure consistency in fund management. Usually an endowment can be started with am initial deposit of $50,000 or a plan to build to that amount.

What Assets Can Be Used to Establish Endowment Funds?

There are several financial assets that can be used to establish an endowment fund during a donor’s lifetime. These include:

  • Cash gifts
  • Securities – Avoid capital gains by donating appreciated stocks to an endowment fund.
  • IRAs – An individual who is 70.5 years old or older may transfer up to $100,000 per year into an endowment fund without tax penalty.
  • 401Ks – Transfer monies from your 401K into an IRA to make a gift to an endowment.
  • Insurance Policies – Proceeds from a fully paid insurance policy may be donated to an endowment.
  • Insurance Policies or Investment Funds Beneficiary Designation – Include an endowment fund as a full or partial beneficiary.
  • Bequests – Include an endowment fund with the Catholic Foundation in your will or Trust documents.

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All Funds

ACCHS Catholic Foundation Endowment FundsThis endowment fund supports vital scholarships, academic programs, and capital improvements at Allentown Central Catholic High School (ACCHS). Founded in 1926, ACCHS has been synonymous with quality and value-based education, and its student body reflects the economic and cultural diversity of the communities it serves. ACCHS’s quality academic program has resulted in 99% of its graduates continuing their education in institutions of higher learning each year. This is a reflection of the Catholic school’s high standards, dedicated faculty and administration, and a continued commitment to excellence in education.

Fund provides support for the overall administration and operations of the Apostles of Jesus USA Region, its global seminarian education and formation programs, mission programs, and other special programs, as well as the maintenance, and capital improvements of the USA Region headquarters, mission facilities, and Apostles of Jesus Seminary facilities in Nairobi, Kenya.

Fund to provide support for the religious education programs including PREP, youth ministry, RCIA and ongoing adult formation efforts at Assumption BVM parish in Bethlehem, PA, as well as Catholic education programs associated with St. Michael School in Bethlehem, PA .

Fund to establish a source of income to improve the viability of Assumption BVM School, Pottsville, PA.


Fund supports the perpetual care & maintenance of Assumption BVM Parish Cemetery in Slatington, PA.


Fund to provide support for special programs, maintenance, and capital improvements for Assumption BVM Parish, Slatington, PA

Scholarship fund for children at Immaculate Conception Parish, Douglasville, to attend Immaculate Conception Academy.

Scholarship funds for the benefit of Roman Catholic elementary and secondary schools in Berks County, PA.

Scholarship fund for children of Cathedral parishioners who are attending St. John Vianney Regional School.

Fund to benefit the activities, services and programs of the Catholic Charities of the Diocese of Allentown.

Catholic Charities Lehigh Valley Ecumenical Kitchen FundFund supports the operations, supplies, special programs, equipment maintenance and replacement, other maintenance and capital improvements associated with the Catholic Charities ecumenical kitchen in the Lehigh Valley.

Click here to find out more about the great work this organization is doing.

Catholic Charities Schuylill County Ecumenical Kitchen FundFund supports the operations, supplies, special programs, equipment maintenance and replacement, other maintenance and capital improvements associated with the Catholic Charities ecumenical kitchen in Schuylkill County, PA.

Click here to find out more about the great work this organization is doing.

Scholarship funds for the benefit of Roman Catholic elementary & secondary schools within the Diocese of Allentown.

Cay Galgon Life HouseThis fund provides support for comprehensive services, special programs, maintenance, and capital improvements for Cay Galgon Life House which supports and serves mothers and their babies through their resident and community outreach programs. The Cay Galgon Life House Fund also provides support for comprehensive services, special programs, maintenance, and capital improvements for its residential facility. The organization first began in 2012 and now serves more than 500 women each year.

Nicolas P. Connell Scholarship Endowment FundThis fund, in memory of Nicholas P. Connell, supports scholarships for students to attend Our Lady of Perpetual Help School in Bethlehem, PA, with preference given to students interested and involved in the performing arts such as music, band, chorus, dance, drama and theater. The Nicolas P. Connell Scholarship Endowment Fund was established by Patrick and Christine Connell, with three dozen generous donors making gifts in support.

Fund supports the perpetual care & maintenance of the parish cemetery at Divine Mercy Parish in Shenandoah, PA.

Scholarship fund to assist Hispanic and Latino students to enroll in elementary and secondary schools in the Roman Catholic Diocese of Allentown.

Fund supports the perpetual care & maintenance of Holy Family Parish Cemetery in Nazareth, PA.

Holy Family Church Nazareth PAThis fund provides support for special programs, maintenance, and capital improvements for Holy Family Parish in Nazareth, PA, which was established in 1908.

Fund to provide support for special programs, educational programs, maintenance, and capital improvements to benefit Holy Family School, Nazareth, PA.

Fund to provide support for scholarships for students to attend Holy Family School, Nazareth, PA

Holy Family Youth Ministry Endowment FundThis permanent fund provides support for new or existing youth ministry programs and activities at Holy Family Parish, Nazareth, PA. The Holy Family Youth Ministry Endowment Fund was started by parishioner David Bosich to support youth activities in the parish in ways that will help keep kids active in the church. The fund contributes to activities such as retreats and events in which youth parishioners participate.

“It is important to offer programs that spark the interest in teenagers to keep the faith in their lives,” says Holy Family Deacon Tom Ely.

Fund supports the perpetual care & maintenance of Holy Ghost Parish Cemetery in Bethlehem, PA.

Fund provides support for special programs, liturgical activities, maintenance and capital improvements for Holy Trinity Parish in Whitehall, PA.

Scholarship fund for a college bound or college attending student or students from St. Joseph the Worker Parish, Orefield.

Fund supports special programs, liturgical programs, maintenance, and capital improvements for Immaculate Conception BVM Parish in Douglassville, PA.

Perpetual care and maintenance for the parish cemetery managed by Immaculate Conception BVM, Douglassville.

Fund supports special parish programs, youth and adult religious education programs, maintenance and capital improvements for Incarnation of Our Lord, Bethlehem, PA

Endowment that provides unrestricted funds for any purpose or project in the education of students with developmental and intellectual disabilities as deemed appropriate by the administration of the John Paul II Center for Special Learning Inc. in Shillington, PA.

Fund to support a teacher excellence program that provides annual honorariums to recognize the outstanding work and tireless effort performed by all Diocesan classroom teachers and teacher aides in the school-age program at the John Paul II Center for Special Learning in Shillington, PA.

Fund supports scholarships for students to attend St. Ann School in Emmaus with preference given to students from first generation immigrant families.

Fund supports annual scholarships for students to from Sacred Heart Parish in Allentown, PA to attend St. John Vianney School in Allentown and Allentown Central Catholic High School.

For support of the nation’s first Catholic high school for students in recovery from drug or alcohol addiction located on Bridle Path Road in Hanover Township, Bethlehem. Opened in the Fall 2019.

Provides unrestricted support for the education of seminarians in the Diocese of Allentown including scholarships, special programs and projects.

Fund to provide support for the purchase of religious, liturgical or sanctuary items, fixtures and furniture, statuary, equipment, and capital improvements for the interior of St. Peter Church in Coplay, PA .

Fund supports the overall operations, capital improvements, educational programs, equipment and scholarships at Mercy School for Special Learning.

The fund provides support for scholarships for students with financial need to attend the Mercy School for Special Learning in Allentown, PA. The fund was started through the generosity of an anonymous donor.

The fund provides support for special programs, classroom supplies, and special projects and activities that benefit the students attending the Mercy School for Special Learning in Allentown, PA It was started in memory of three special women: Dorothy J. Iacocca, Patricia A. Dillman and Jennifer Joy Dillman, who put their whole heart into everything they did in life and for others.

Fund provides support for scholarships, educational programs and activities for students who have physical, developmental, and / or intellectual disabilities and are attending Mercy School for Special Learning.

The fund provides support for a teacher excellence program to recognize the outstanding work and tireless effort performed by all Diocesan classroom teachers, teacher aides and special subject teachers in the school-age program at the Mercy School for Special Learning in Allentown, PA. This fund was started with accumulated donations from Yocco’s customers, employees and corporate management.

With assistance from Felix & Bailey, two Mercy Job Works students, Yocco’s Gary Iacocca (2nd Left) and Chris Iacocca (4th Right) present 100th anniversary gift to Pete Waldron (3rd Right), of the Catholic Foundation.

Fund supports the perpetual care & maintenance of the Most Blessed Sacrament Cemetery in Bally, PA

Fund supports parish operations, liturgical and faith formation programs and special programs at Most Blessed Sacrament Parish in Bally, PA.

Fund supports current and future building programs/projects, historic restoration, maintenance, capital improvements and special programs for Most Blessed Sacrament Parish.

Nativity HS PottsvilleNativity BVM High School, in Pottsville, PA, receives support for current and future building programs, maintenance, and capital expenditures including the purchase of capital equipment through this fund. This Catholic co-educational secondary school was founded in 1955 as the successor to Pottsville Catholic High School (formerly Saint Patrick’s High School) and Saint Stephen’s High School in Port Carbon. Nativity High School is situated in Schuylkill County, where it draws students from Blue Mountain, Mahanoy Area, Minersville, North Schuylkill, Pine Grove, Pottsville, Saint Clair, Schuylkill Haven, Shenandoah Valley, Tri-Valley and Williams Valley School Districts.

Fund to provide students and families from Holy Trinity Roman Catholic Church, Whitehall, PA, who are experiencing financial difficulties, with scholarships to attend any Catholic high school of the Diocese of Allentown.

Scholarship to benefit students at St. Peter’s Church (Coplay, PA) Who wish to attend Allentown Central Catholic HS or Bethlehem Catholic HS.

Fund supports the perpetual care & maintenance of the parish cemetery managed by Queenship of Mary Parish, Northampton.

Fund provides support for capital improvements, maintenance and special programs at Our Lady of Perpetual Help Church and School in Bethlehem.

Fund provides economic support for pregnant women who are considering an abortion because they cannot afford the costs associated with childbirth and the initial care of their baby(ies).

Fund to provide support for special programs, liturgical programs, maintenance and capital improvements at Queenship of Mary, Northampton, PA.

The fund provides support for liturgical worship or musical programs and projects; special parish religious, spiritual or retreat programs; religious, liturgical or sanctuary items, fixtures, furniture, statuary, and equipment as part of the worship services for Queenship of Mary Parish in Northampton, PA; as well as community or Diocesan programs, projects or initiatives.

Our Lady of Perpetual Help SchoolEstablished by Michael and Christine Ippoliti, this fund provides support for scholarships, educational programs, special programs, maintenance and capital improvements at Our Lady of Perpetual Help (OLPH) School in Bethlehem, PA. The Ippolitis’ four daughters are alumna of OLPH elementary school, and Michael also serves on the School Board. They established a fund with the mission to ensure the long-term financial sustainability of Our Lady of Perpetual Help School, and help keep Catholic education available to all.

Sacred Heart Catholic Education Scholarship Endowment FundIn the early morning of June 2020, a fire broke out in the timber beamed attic of Sacred Heart School in downtown Allentown. The three-alarm blaze caused extensive damage and forced the Diocese of Allentown close the beloved 115-year-old school. The parish’s unwavering commitment to the Allentown urban neighborhood lead to the creation of the Sacred Heart Catholic Education Scholarship Endowment Fund to support scholarships for students from Sacred Heart Parish in Allentown to attend a Catholic school in the Diocese of Allentown.

Fund provides support for current and future building programs, maintenance and capital improvements for Sacred Heart Parish in Bath, PA.

For the perpetual care and maintenance of the parish cemetery managed by Sacred Heart Church in Bath, PA.

Fund provides support for special programs, liturgical programs, maintenance and capital improvements for Sacred Heart Parish in Bath, PA

Fund supports the perpetual care & maintenance of the parish cemetery.

Fund to provide support for special programs, liturgical programs, maintenance, and capital improvements for St. Ambrose Parish in Schuylkill Haven, PA

Fund supports the perpetual care & maintenance of the parish cemetery.

The fund provides support for current and future building programs/projects, major maintenance (non-routine), and capital improvements for St. Ann Parish.

Fund to benefit the educational programs, special programs, scholarships, teacher excellence programs, and capital improvements at St. Ann School, Emmaus.

The fund provides support for liturgical programs and projects, community programs and projects, special parish programs, human resources, and if needed, provide supplemental funding to meet the day-to-day needs of the St. Ann Parish.

Perpetual care and maintenance for the parish cemetery managed by St. Ann Church, Emmaus.

Fund to benefit the educational programs of St. Anne Parish Charitable Trust (Bethlehem), including elementary programs, CCD programs, and adult faith formation programs.

The fund provides support for academic programs, special programs, scholarships, teacher excellence program, maintenance and capital improvements at St. Catharine of Siena School in Reading, PA.

Fund to provide support for special programs, maintenance and capital improvements at St. Columbkill Parish, Boyertown, PA.”

Fund supports the perpetual care & maintenance of the parish cemetery at St. Elizabeth of Hungary Parish in Pen Argyl, PA.

Fund supports the perpetual care & maintenance of St. Fidelis Cemetery in Mahanoy City, PA which is managed by St. Teresa Calcutta Parish.


Fund to provide scholarships for students from St. Francis of Assisi Parish in Allentown to attend a Catholic school in the Diocese of Allentown.”


Fund to provide support for special programs, maintenance and capital improvements at St. Francis the Assisi Parish, Allentown, PA.

Fund to provide for financial scholarship needs for students of families experiencing financial difficulties and desiring to attend either St. Jane Frances de Chantal School or Notre Dame High School (limited to first year freshman students). Scholarships to be known as the Adeline Capuro Scholarships.

The fund provides support for academic awards and scholarships for students attending St. Jane Frances de Chantal School in Easton, PA.

Fund supports the perpetual care & maintenance of the parish cemetery.

Fund supports the perpetual care & maintenance of the parish cemetery.

For the perpetual care and maintenance of the parish cemeteries managed by St. John XXIII parish in Tamaqua, PA.

Fund provides  support for special programs, liturgical activities, maintenance and capital improvements for St. John XXIII Parish in Tamaqua, PA

The fund provides support for scholarships for students to attend St. Joseph Center for Special Learning in Pottsville, PA.

Fund supports educational programs, scholarships, teacher excellence programs and capital improvements at St. Jerome Regional School.

Perpetual care and maintenance for the following parish cemeteries managed by St. Joseph Church, Summit Hill.

  • St. Joseph, Summit Hill & Bloomingdale (White Bear)
  • St. Michael old & new, Lansford
  • Ss. Peter & Paul, Lansford
  • Ss. Cyril & Methodius, Coaldale
  • Gate of Heaven, Nesquehoning
  • Sacred Heart, Nesquehoning
  • St. Patrick, Nesquehoning

Fund to benefit children in economic need who want to attend St. Joseph the Worker School (Orefield).

Provide scholarships for students in St. Joseph the Worker Parish to attend Allentown Central Catholic High School.

Fund to establish a source of present and future income for use in parish activities.

St. Joseph the Worker SchoolThis fund provides support for special programs, educational programs, maintenance and capital improvements at St. Joseph the Worker Pre-School in Orefield, PA. It was made possible through a generous gift from Paul and Patty Huck that was matched by the Air Products Foundation, which matches all Air Products’ retiree contributions to the annual United Way campaign. This fund benefits the youngest students in Catholic education, a particular area of philanthropic interest for the Hucks.

Provide funding for activities, programs and organizations that support and demonstrate the importance of pro-life.

St. Joseph the Worker SchoolThis fund, one of two educational endowment funds created through a gift from Patty and Paul Huck, provides support for special programs, educational programs, maintenance and capital improvements at St. Joseph the Worker School in Orefield, PA. The Huck’s generous gift for the St. Joseph the Worker School Endowment Fund was made even more impactful by the Air Products Foundation, which matches all Air Products’ retiree contributions to the annual United Way campaign.

Fund provides support for special programs, maintenance and capital improvements for St. Mary Parish, Kutztown, PA

Perpetual care and maintenance for the parish cemetery managed by St. Matthew Church, Minersville.

Fund supports the perpetual care & maintenance of the parish cemetery at St. Patrick Parish in Pottsville, PA

Fund provides support for special programs, liturgical activities, maintenance and capital improvements for St. Patrick Parish in Pottsville, PA

Fund to provide support for special programs, maintenance, and capital improvements for St. Paul Parish, Allentown, PA

Perpetual care and maintenance for the parish cemetery managed by St. Peter the Apostle Church, Reading.


Fund to provide support for provide support for accessibility improvements at St. Peter the Apostle Parish, Reading, PA.

St. Peter School Scholarship Endowment FundThis fund supports scholarships for students to attend St. Peter School in Reading, PA. The school’s mission is to educate the whole child, and they strive to provide each child with the opportunity of a Catholic education regardless of his/her socio-economic status. This fund was generously created by Matt and Sandi Lloyd, who have played an active role in numerous Catholic institutions throughout the Lehigh Valley region and near their home in Reading, Pennsylvania.

Perpetual care and maintenance for the parish cemetery managed by St. Peter Church, Coplay.

Fund supports the perpetual care & maintenance of St. Roch Cemetery managed by St. Elizabeth of Hungary Parish in Pen Argyl, PA.

Fund supports the perpetual care & maintenance of the parish cemeteries managed by St. Teresa of Calcutta Parish in Mahanoy City, PA.

Fund to support a source of future income to fund the programs of St. Theresa of the Child Jesus Parish, Hellertown, PA.

Fund to support special programs, maintenance and capital improvements at St. Thomas More Parish (Allentown).

Fund to support the scholarships, academic programs, special programs, maintenance, and capital improvements to benefit St. Thomas More School.

Fund to provide for the St. Vincent de Paul Society of St. Joseph the Worker Parish.

Fund supports the perpetual care & maintenance of Saints Peter & Paul  Parish Cemetery in Lehighton, PA.

Fund to support the annual funds of St. John Vianney School, Mercy School, and Catholic Charities.

Nativity HS PottsvilleThis fund provides support for the Loretta Lecher Schneider Scholarship awards presented annually to graduating seniors at Nativity BVM High School’s graduation. Nativity is a Catholic school dedicated to meeting the needs of its students and enriching them through formation of faith, outstanding academics, community service, social responsibility, cultural appreciation and athletic development, thereby preparing its graduates to meet all of life’s challenges. The High School, located in Pottsville, PA, high school provides students a close-knit school community where they can excel academically, socially, and spiritually.

Fund supports scholarships for students in Schuylkill and Carbon counties to attend Catholic elementary and secondary schools.

Endowment that provides unrestricted funds for any purpose or project in the education of seminarians preparing for the priesthood deemed appropriate by the Bishop of Allentown or one of his representatives.

Provide scholarships for students in Holy Trinity Parish to attend an elementary or secondary Catholic school in the Diocese of Allentown.

Fund gives scholarship support for two students at Immaculate Conception Academy, Douglassville, PA.

Mary and Francis Waldron Family Endowment FundThis fund supports a graduation award for a graduating senior exemplifying school citizenship and service, and for scholarships, academics and extra-curricular programs at Allentown Central Catholic High School.

Francis and Mary Waldron believed in the power and impact of Catholic education. They sacrificed to send all of their seven children to St. Thomas More School and Central Catholic High School in Allentown, PA.

All of their children and grandchildren who attended Central Catholic performed well academically. However, as parents and grandparents, they were especially proud of how each of them excelled outside the classroom and served in leadership positions in various extracurricular activities such as athletic team captains, class presidents, Central Committee officers, Student Council representatives, Marching Band Drum Major, Key Club President, National Honor Society, and Seneschal & Glen Echoes editors.

Frank and Mary believed the strong, faith-centered atmosphere their children experienced at Central Catholic High School prepared them well to achieve continued success in college and in life. It is the Waldron’s hope that through this endowment fund that other young people may achieve the same success as their family.

The fund provides annual support for the Mercy School for Special Learning in Allentown, PA.

The fund supports scholarships for students to attend Allentown Central Catholic High School, Bethlehem Catholic High School and Notre Dame High School.

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