Beneficiary designations can be a great way to leave a forever gift to your favorite Catholic cause, avoid estate taxes and lessen inheritance tax for heirs. A person’s life-long impact on the world does not need to stop at their death. Naming a favorite Catholic cause’s endowment fund as a beneficiary on a life insurance policy, or on any investment accounts ensures that their impact on the organization will continue long…
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Planned giving has become an appealing means for individuals and couples to create a lasting legacy, allowing them to make a substantial impact that goes beyond what they could achieve during their lifetime. This method of giving provides an opportunity to leave a lasting mark, reflecting one’s values and their desire to support others. During the past 10 years, the Catholic Foundation of Eastern Pennsylvania has been helping people achieve…
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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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Four pastors in Northampton County and one pastor in Berks County started new parish endowment funds with the Catholic Foundation of Eastern Pennsylvania during the past fiscal year. A total of six funds were created to support parish programs and activities, special programs, liturgical programs and fixtures, maintenance and capital improvements. Parishes creating parish funds include: Immaculate Conception BVM, Douglassville Assumption BVM, Bethlehem St. Elizabeth of Hungary, Pen Argyl…
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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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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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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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Honoring a Champion for Persons with Special Needs November is not just about falling leaves; it’s about embracing the diverse abilities of all individuals. It is a time to recognize and celebrate the achievements of persons with disabilities, acknowledging the richness they bring to our communities.. The hope is that the awareness kindled during this month becomes a catalyst for lasting change. By shining a spotlight on the unique challenges…
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During Fall, God brings out the best in nature and surrounds us with a blaze of color before blanketing us with the cold and quiet of winter. Living life filled with passion and purpose — in a blaze of glory — honors God’s goodness. At any stage in life, we want to look back and know our moments on earth matter. A Will Helps Protect the People and Causes You…
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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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