Seventeen students from three Catholic high schools were part of the inaugural class of scholarship recipients from the Bernard Schramko Memorial Scholarship Fund managed by the Catholic Foundation. These annual scholarships awards are made possible through a bequest from the estate of Bernard M. Schramko. Bernard Schramko Memorial Scholarship Fund Mr. Schramko, a 1951 graduate of Allentown Central Catholic High School, died July 2019. He stipulated in his will that…
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During Fall, God brings out the best in nature and surrounds us with a blaze of color before blanketing us with the cold and quiet of winter. Living life filled with passion and purpose — in a blaze of glory — honors God’s goodness. At any stage in life, we want to look back and know our moments on earth matter. A Will Helps Protect the People and Causes You…
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Supporters of Catholic causes can ensure their favorite organization continues fulfilling its missions by directing distributions from their tax-deferred retirement accounts to an endowment or donor designated fund managed by the Catholic Foundation of Eastern Pennsylvania. This is a win for both the Catholic organization and the donor/taxpayer. With qualified charitable distributions, they can begin as young as 70 1/2 years old. What Are Qualified Charitable Distributions? If you are age 70½…
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The Catholic Foundation of Eastern Pennsylvania invites you to join us for the 2022 State of the Foundation Meetings being held at of three different locations within the communities we serve. CLICK HERE TO REGISTER Dates, Times & Locations for State of the Foundation Meetings October 5, at 9:00am: The John Paul II Center for Special Learning, Shillington (Berks County)October 12, at 4:30pm: Mercy School for Special Learning, Allentown (Leigh…
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Despite the turbulent market conditions, investors holding onto appreciated investments can still take advantage of tax savings by donating it to the endowment fund of their favorite Catholic cause. Appreciated Investments Include Stocks and IRAs Options may include gifts of appreciated stock, required minimum distributions (RMD) from their IRA that become a qualified charitable distribution (QCD) for donors 70.5 or older, gifts from a donor advised fund and inclusion of…
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Catholic Charities of the Diocese of Allentown has been serving up food and spiritual assistance to those in need through its two ecumenical kitchens for decades. To ensure these vital services remain in continuous operation, Catholic Charities partnered with the Catholic Foundation of Eastern Pennsylvania to create two endowment funds: Catholic Charities Lehigh Valley Ecumenical Kitchen FundFund supports the operations, supplies, special programs, equipment maintenance and replacement, other maintenance and…
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June 15, 2022 – To celebrate its 100th year as “the Hot Dog King” in the Lehigh Valley, Yocco’s made a grand gesture to create an endowment fund with the Catholic Foundation of Eastern Pennsylvania to provide long-term support for Mercy School for Special Learning which has served children and young adults with special needs for 68 years. Gary Iacocca, President, and his son Chris Iacocca, Vice President Operations, recently…
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The Catholic Foundation of Eastern Pennsylvania, recently hit another growth milestone by opening its 100th endowment funds. The Blasi Family Trust provided the seed funding to create the St. Jane Frances de Chantal School Academic Excellence Endowment Fund. The fund provides support for academic awards and scholarships for students attending St. Jane Frances de Chantal School in Easton. The Blasi Family are the Catholic Foundation’s 73rd partner. As a 501(c)(3)…
Read MoreFoundation kicks off forum series with first conversation on young people and their faith. Generation Z doesn’t trust institutions, including religion. When asked in a recent survey to which religion they belong, 39 percent of 13-25-year-olds responded, “None.” It’s a stark finding, one of many found in the Springtide Research Institute’s new report, “The State of Religion & Young People 2020: Relational Authority.” It also formed the backdrop for a…
Read MoreHoly Family Parish supports an active community in Nazareth, one that requires more than faith and care to continue. It requires funding, and Holy Family has taken an aggressive approach toward providing it. Like a basketball program pursuing the Final Four of March Madness, Holy Family wrote a new playbook last year, one meant to secure the financial future of its parish, school, and youth ministry program. Holy Family’s game…
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