Institutional Philanthropy
-
-
The financial lifeblood of your ministry.
The gift that keeps on giving.
The primary CCFSD vehicle for institutions, such as parishes, Catholic schools, and ministries is an endowment fund, an investment vehicle designed to
provide a source of annual income to your organization for generations.
-
-
-
Endowments: The gift that keeps on giving
Endowment funds are designed to provide a source of annual income to an organization for generations. This type of fund ensures your long-term security and sends a message that your mission is here for good. As the principal grows through investment gains and additional donations, a percentage of the fund’s balance is granted each year to your institution, creating a guaranteed sum of money your organization can count on year after year, no matter what. Once established, anyone can contribute to the fund.
-
-
Other Fund Types
-
For Your Donors:
Individuals and families that want to give to your institution can also create their own endowment funds, as well as these donor-managed funds:
-
DONOR ADVISED FUND (DAF)
A simple, flexible account that allows you to make gifts, receive immediate tax benefits, and then recommend grants whenever you want. Think of it as a charitable checking account.
-
donor designated Fund
A streamlined fund that benefits a single beneficiary. You decide how much to grant and when. This is an option if you want to make a qualified charitable distribution (QCD) from your IRA.
-
-
-
Please contact us by clicking here.WE ARE HERE TO HELP.We are here to provide more information about the Catholic Community Foundation, to answer your questions, and to help you to get started.
-
Benefits of endowment funds
- Creates an ongoing source of income.
- Enhances stability and credibility.
- Relieves pressure on offertory / annual funds.
- Builds a pipeline for future gifts.
- Provides a path for donors to contribute tax free.
- Enables more attractive investment options than otherwise available.
- CCFSD is an independent organization with expertise in financial stewardship.
- Grants are not considered as ordinary income, thus excluded from diocesan tax.
-
-
-
What to give
We can accept cash, publicly traded stocks and mutual funds, QCDs from a retirement account, or other types of tangible estate assets. Once an endowment fund is established, anyone can contribute to that endowment fund.
-
Find out more
-
