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We help foster faith-based stewardship in the community for the spiritual, educational and charitable needs of all. The Catholic Community Foundation and the Diocese manage parish endowment funds as a part of its total investment pool, offering the parish advantages of size.
Starting a parish endowment fund or placing a current endowment fund at the Foundation or with the Diocese can provide an opportunity to plan for and support the future needs of the parish. A parish endowment also gives the parish a means by which it can encourage legacy gifts from parishioners.
Fast Facts
- Access to multiple high quality investment managers and low investment management fees
- Assets invested in accordance with the teachings of the Catholic Church
- Monthly reporting of all investment account activity
- Funds invested remain assets of the parish and accessible only to the parish
Catholic Charities Stock Transfer Instructions
Catholic Community Foundation Stock Transfer Instructions
Heart of A Shepherd Stock Transfer Instructions
Parishes have the option to invest funds in a 60% equity/40% portfolio that rebalances automatically, or choose a different asset allocation without the automatic rebalancing feature. The Catholic Community Foundation will help guide you through the process of creating the endowment and marketing it to your parish after set up. For more information, contact Justin Turk at jturk@dioceseofcleveland.org 216-696-6525 x1142 or Mary Lou Ozimek at mozimek@catholiccommunity.org 216-696-6525 x4070.
Existing Parish Endowment Funds
Assumption Parish Endowment Fund
Holy Family Parish Endowment Fund
Mary Queen of Peace Endowment
The Metro Catholic School Endowment Fund
Our Lady of the Lake Endowment Fund
Our Lady of the Lake - Lavona Avitt Trust
St. Angela Merici Parish Endowment Fund
St. Augustine Parish Endowment
St. Augustine School Endowment
St. Basil the Great Parish Endowment Fund
St. Francis Elementary School Fund
St. Francis of Assisi Parish Endowment
St. Francis Xavier Parish Endowment
St. Francis Xavier School Endowment
St. Gabriel Parish Endowment Fund
St. Gabriel Parish Investment Fund
St. Joseph Amherst Parish Endowment Fund
St. Joseph Amherst School Endowment
St. Matthias the Apostle Parish Endowment Fund
St. Peter Parish Endowment Fund (North Ridgeville)
St. Thomas Elementary School Fund