David Bosich, Parishioner and Donor at Holy Family Parish, Nazareth

David Bosich, Parishioner and Donor at Holy Family Parish, Nazareth

The Catholic Foundation helped me realize my dream of helping youth in our parish. By starting the Youth Ministry Endowment Fund now, I could see the impact while I was still alive. By also including the endowment fund in my will, as a beneficiary for my insurance and investments, and as a preference for memorial gifts, the impact for your in the future will live on forever. Holy Family Youth…

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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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Catholic Charities of the Diocese of Allentown Creates Endowments to Support Ecumenical Kitchens

Catholic Charities of the Diocese of Allentown Creates Endowments to Support Ecumenical Kitchens

Catholic Charities of the Diocese of Allentown has been serving up food and spiritual assistance to those in need through its two ecumenical kitchens for decades. To ensure these vital services remain in continuous operation, Catholic Charities partnered with the Catholic Foundation of Eastern Pennsylvania to create two endowment funds: Catholic Charities Lehigh Valley Ecumenical Kitchen FundFund supports the operations, supplies, special programs, equipment maintenance and replacement, other maintenance and…

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Faith-filled Couple Make Major Impact Gift to Catholic Schools

Faith-filled Couple Make Major Impact Gift to Catholic Schools

All of their married life, Matt and Sandi Lloyd have been deeply engaged in their Catholic faith.  The couple has played an active role in numerous Catholic institutions and causes close to their home in Reading and throughout the Diocese of Allentown.  This deep engagement, and the impact these organizations have played in their life, led the Lloyds to create two new educational endowment funds with the Catholic Foundation 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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