Start a Named Fund

One way to pass on our rich tradition of faith is to establish a fund that continues to support the spiritual, charitable and educational works of our Church.

By creating a fund in your name, or the name of a loved one, you will be continuing your generosity for many years in support of the ministries of the Diocese of Cleveland.  Your fund can support the priorities of the Diocese of Cleveland as identified by the Bishop of Cleveland, or you choose to restrict distributions to your parish, Catholic Charities, Catholic Education, Priestly Formation or another diocesan ministry.  

Named Funds - Fast Facts 

  • Can be funded during life or at death with a minimum of $10,000
  • Ability to establish initial guidelines for fund distributions  
  • Possible charitable tax deduction for lifetime gifts
  • Potential estate tax deduction for gifts at death

We can assist you in setting up a fund during your life and also provide your advisor with sample language that would be useful in establishing a Named Fund through your estate. Current gifts can be made via check, cash, stock or assets. Future gifts can be made via bequest or by beneficiary designation of a life insurance policy or retirement account.

See how Father Gonser created a Named Fund to provide lasting support to a favorite cause.

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