Each year, Catholic Schools Week recognizes the unique strengths that are at the heart of Catholic education: rigorous academics, unwavering faith, guiding principles, and service to others. It is because of these strengths that almost 50% of endowment funds invested by donors with the Catholic Foundation of Eastern Pennsylvania support Catholic schools and scholarships. “Strong academic outcomes anchored by our Catholic faith are why our donors believe in Catholic schools,” Pete…
Read MoreSister Janice Marie Johnson, R.S.M: Her Service to Others Will Be Remembered Forever
Honoring a Champion for Persons with Special Needs November is not just about falling leaves; it’s about embracing the diverse abilities of all individuals. It is a time to recognize and celebrate the achievements of persons with disabilities, acknowledging the richness they bring to our communities.. The hope is that the awareness kindled during this month becomes a catalyst for lasting change. By shining a spotlight on the unique challenges…
Read MoreForever Committees Foster Forever Giving and Forever Gifts
Dennis Sullivan has been a dedicated volunteer at Holy Family Parish in Nazareth for more than 20 years. He has served in a variety of leadership positions on various committees, including finance, capital campaign fundraising, and the Knights of Columbus. A former sales executive, Dennis’s outgoing demeanor and deep Involvement has brought him in contact with many parishioners. Some affectionately refer to him as “the mayor of Holy Family.” “It’s a tight-knit community.” Sullivan said. “My…
Read MoreDonor’s planned gift creates lasting scholarship support
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…
Read MoreWhere There’s a Will, There’s a Way
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…
Read MoreAge 70 1/2? Support Catholic Causes and Avoid Taxes With Qualified Charitable Distributions
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…
Read MoreJoin Us for the 2022 State of the Foundation Meetings
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…
Read MoreAppreciated investments still provide tax benefits in turbulent stock market
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…
Read MoreCatholic Charities of the Diocese of Allentown Creates Endowments to Support Ecumenical Kitchens
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…
Read MoreYocco’s celebrates 100th year by starting $100,000 endowment for Mercy School
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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