Establish an Endowment

Establishing an Endowment for Your Catholic Organization

Establishing an endowment at The Catholic Foundation of the Diocese of Lansing is an important step towards providing for the financial future of the Church. You, as an individual or representative of an Catholic organization, can establish a written endowment agreement at the Foundation for the benefit of a parish, school or recognized Catholic organization. The Catholic Foundation invests endowment funds in accordance with Unites States Conference of Catholic Bishops guidelines for socially responsible investments, administers annual grant distributions from each endowment to be used for the purposes stated in the endowment agreement, and, whenever possible, provides charitable giving support to parishes, schools and Catholic organizations in an effort to help further build these endowments. 

Annual distributions in support of each endowment’s purposes have been approved at 4.5% of the value of each endowment, as determined by the Foundation’s Board of Directors. The Catholic Foundation strives to provide an important service and value through the establishment and promotion of endowment accounts – helping to provide for the financial future of the Church in the Diocese of Lansing. A minimum initial gift or contribution of $5,000 is recommended to establish a new endowment. A named endowment will be considered for a minimum initial gift of $50,000, or a pledge for cumulative contributions to the endowment of $50,000 or greater within 10 years. A sample endowment agreement will be provided upon request. 
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