*Contributions will be matched at 25% up to $1 million collectively (up to $250,000 matching funds).
Endowments are investment funds designed to withstand economic instabilities through sensible investing practices. An endowment continues to grow while earnings are distributed each year to the named nonprofit organization. Income will be provided annually (forever) and will safeguard against unpredictable future donor giving and economic hardships.
How an Endowment works:
1) An Endowment is established in the name of the benefitting nonprofit organization and is invested in Catholic screened investment pools.
2) Supporters and investment returns contribute to the principle of the endowment fund every year.
3) Annually, the benefitting organization receives a percentage of the fund principle, ensuring the fund will grow and support their organization forever.
It is with great excitement that we announce that our “Million Dollar Match” program has been extended! As you may know, the Foundation has been promoting our “$1 Million Match” program over the last 18 months. During this time, we have seen over $1.5 million in new dollars deposited into new or preexisting CCF endowments from generous donors. In addition, with the utilization of our match program, the Foundation has MATCHED and distributed over nearly $1 million of our own funds into those endowments. The use of perpetual funds like endowments is one of the critical components to the vitality of our Faith through the organizations that carry out the Corporal Works of Mercy here in Arizona and beyond.
MATCH MY GIFT
+ Up to $1M ($250,000 matched contributions) per individual or organization
You can also mail your gift to our office at:
Catholic Community Foundation
4500 South Lakeshore Drive Ste 650
Tempe, Arizona 85282
*Please indicate which beneficiary parish, school, or nonprofit in the memo line