Invested Assets of The Catholic Foundation - The Catholic Foundation separates its investment accounts into two portfolios, the Proprietary Fund and the Agency Fund.
The Proprietary Fund holds investments related to Endowments established by or assigned to The Catholic Foundation and other general investments.
The Agency Fund investment accounts support deposits held in agency for parishes, schools, and other Catholic organizations.
All funds entrusted to The Catholic Foundation are invested in accordance with the Socially Responsible Investment Guidelines for the United States Conference of Catholic Bishops. Catholic Foundation assets are invested in the National Catholic Investment Pool (“NCIP”), a product developed for Catholic dioceses and diocesan foundations in the state of Michigan. NCIP is administered by Michigan Catholic Conference through its investment adviser, CAPTRUST. Between NCIP assets and assets of Michigan’s Lay Employees Retirement Plan, MCC is responsible for the investment of over $2 billion in assets.
