Join Us for the 2023 State of the Foundation Meeting

Join Us for the 2023 State of the Foundation Meeting

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 FundsRemember Your Loved Ones Forever

Memorial Gifts to Endowment Funds
Remember Your Loved Ones Forever

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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Catholic at Heart…Welcoming to All

Catholic at Heart…Welcoming to All

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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Priest Starts Endowment to Support Future of Diaconate ministry

Priest Starts Endowment to Support Future of Diaconate ministry

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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The future success of your favorite Catholic cause started with you …

The future success of your favorite Catholic cause started with you

The future success of your favorite Catholic cause started with you … … and your strategic gift to an endowment fund. During the past five years, close to 500 donors made more than 600 gifts to endowment funds managed by the Catholic Foundation of Eastern Pennsylvania to support their favorite Catholic causes. This is tremendous.  Thank you. And thanks to those same donors, the Catholic Foundation has grown to more than…

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Catholic Schools Week Celebrates Key Outcomes of Catholic Education

Catholic Schools Week Celebrates Key Outcomes of Catholic Education

Each year, Catholic Schools Week recognizes the unique strengths that are at the heart of Catholic education: rigorous academics, unwavering faith, guiding principles, and service to others. It is because of these strengths that almost 50% of endowment funds invested by donors with the Catholic Foundation of Eastern Pennsylvania support Catholic schools and scholarships. “Strong academic outcomes anchored by our Catholic faith are why our donors believe in Catholic schools,” Pete…

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Age 70 1/2? Support Catholic Causes and Avoid Taxes With Qualified Charitable Distributions

Age 70 1/2? Support Catholic Causes and Avoid Taxes With Qualified Charitable Distributions

Supporters of Catholic causes can ensure their favorite organization continues fulfilling its missions by directing distributions from their tax-deferred retirement accounts to an endowment or donor designated fund managed by the Catholic Foundation of Eastern Pennsylvania. This is a win for both the Catholic organization and the donor/taxpayer. With qualified charitable distributions, they can begin as young as 70 1/2 years old. What Are Qualified Charitable Distributions? If you are age 70½…

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Appreciated investments still provide tax benefits in turbulent stock market

Appreciated investments still provide tax benefits in turbulent stock market

Despite the turbulent market conditions, investors holding onto appreciated investments can still take advantage of tax savings by donating it to the endowment fund of their favorite Catholic cause. Appreciated Investments Include Stocks and IRAs Options may include gifts of appreciated stock, required minimum distributions (RMD) from their IRA that become a qualified charitable distribution (QCD) for donors 70.5 or older, gifts from a donor advised fund and inclusion of…

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Msgr. Wargo Sees Endowment Funds as Vital for Parish’s Future Success

Msgr. Wargo Sees Endowment Funds as Vital for Parish’s Future Success

Monsignor Robert Wargo, pastor of St. Joseph the Worker Parish in Orefield, knows all too well the time and energy needed to raise funds for key parish programs.  In the 46 years since his ordination as a priest, Monsignor Wargo has helped to raise millions of dollars in the half a dozen parishes where he has been stationed. He recalls organizing a successful $125,000 fundraising effort for a parish cemetery only…

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