The Catholic Foundation of Eastern Pennsylvania reported a record level of distributions — $979,207 — from endowed funds that support Catholic causes throughout the Diocese of Allentown. Since 2016, the Catholic Foundation has reported a total of $5,987,684 in distributions from both endowment and donor designated funds. “The distribution process is doing what it is set up to do: provide funds to various Catholic organizations when they need it,” Pete…
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We are already two weeks into the sacred season of Lent. Easter is one month away. At the Catholic Foundation, we pray this time continues to be one of reflection, prayer, and peace for you and your loved ones. It is no coincidence that our preparation for the celebration of Christ’s resurrection corresponds with the first sounds and smells of spring bringing new life to the world. Like His creation,…
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We are in the thick of tax season, with the April 15th deadline right around the corner! When you meet with your tax and investment advisors to review the past year and prepare for your financial future, it is an excellent time to discuss the strategic tools that can optimize your tax benefits while supporting Catholic causes that matter most to you. By considering charitable giving options such as a…
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Despite the restless market conditions, many Catholic causes that have endowment funds managed by the Catholic Foundation have benefited from donors’ generosity and investment savvy. Donors holding onto appreciated investments took advantage of tax savings by donating it to the endowment fund of their favorite Catholic cause. A sampling of endowment funds receiving appreciated tax benefiting gifts include the: Robert & Cynthia O’Hara Family Fund John Paul II Café Endowment Fund George…
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For more than a century, St. Anne School has been a beacon of faith-based education, nurturing young minds and hearts in Bethlehem, Pennsylvania. “Rooted in Catholic tradition, we strive to prepare students for a future of academic success, moral responsibility, and compassionate leadership,” said Rev. Anthony Mongiello, Pastor of St. Anne Parish. “However, maintaining our mission requires more than dedication and hard work — it also demands financial sustainability.” Thankfully,…
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Fifty years ago, ABBA’s new single, Take a Chance on Me, soared to #1 on the UK charts. It may seem an unorthodox connection, but the song’s message resonates with the work of the Catholic Foundation of Eastern Pennsylvania. Over the years, 115 partners and hundreds of donors have taken a chance on us, placing their trust in the power of endowment funds to sustain their beloved Catholic causes. Parishes,…
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CLICK HERE TO REGISTER The Catholic Foundation of Eastern Pennsylvania invites you to join us for the 2023 State of the Foundation Meetings being held at of three different locations within the communities we serve. Ten years ago, the Catholic Foundation of Eastern Pennsylvania was just a dream. We now have a decade of unwavering commitment to our mission of creating a vibrant future for all Catholic causes in our…
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Memorial gifts to endowment funds managed by the Catholic Foundation of Eastern Pennsylvania are a meaningful way for family and friends to remember a loved one who has died. People are comforted in knowing that by making a gift to the Catholic Foundation for their favorite Catholic cause, their gift – and the memory of their loved one — lives forever. People interested in establishing a memorial campaign for a…
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In a world where compassion and care for the elderly are essential, the Holy Family Senior Living community in Bethlehem has taken a remarkable step towards ensuring the well-being of the residents. By establishing the Holy Family Senior Living Resident Care Fund, they have created an endowment that will provide benevolent care to those residing in the assisted living and personal care units. Holy Family Senior Living stands as a…
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Eight years ago, Monsignor Michael Chaback, then the Director of the Office for Permanent Diaconate Formation for the Diocese of Allentown, presented 47 men to then Bishop John Barres to be ordained as deacons. You read that number correctly: four – seven. According to the Center for Applied Research in the Apostolate (CARA) at Georgetown University, which studies church trends and demographics, it was the largest class of deacons in…
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