Endowments give donors a meaningful way to leave a lasting legacy. You can establish an endowmentas a way to honor someone, memorialize their legacy, or provide a lasting benefit for future generations long after they are gone. The concept of an endowment goes back to the biblical teachings of Matthew 13:31-32, “The kingdom of heaven is like a mustard seed, which a man took and planted in his field. Though it is the smallest of all seeds, yet when it grows, it is the largest of garden plants and becomes a tree, so that the birds come and perch in its branches.” Just as this small mustard seed became a tree many years later, your small investment can grow in perpetuity, “Day by Day” as sung in Godspell, the musical.

This June, we have distributed $845,297 to over 112 endowments managed by the Catholic Foundation. The Catholic Foundation’s endowment portfolio generated a 5.8% return which allowed us to use 4% of those earning for distributions for our parishes, ministries, scholarships, and Catholic Schools.
If you are interested in establishing an endowment, contact Analisa Cordova Silverstein, Major Gifts Officer, to learn how you may establish an endowment.