The Perfect End of Year Gift: Appreciated Securities As we approach the end of the year, donors are seeking meaningful ways to make a lasting impact through their charitable contributions. With the stock market reaching all-time highs, one strategy that stands out for its dual benefits of philanthropy and financial savvy is the donation of appreciated securities to endowment funds benefiting Catholic causes. “There are a number of advantages for…
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Since its inception three months ago, 32 donors have made gifts to the endowment fund started in memory of Sister Janice Marie Johnson, R.S.M. who died in early January 2023. More than $100,000 has been raised to date for the Sr. Janice Marie Johnson R.S.M. Persons With Disabilities Ministry Endowment Fund with the Catholic Foundation. The fund, established with an initial gift from Gary Iacocca, honors Sister Janice’s 65 years…
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Three pastors in Bethlehem and one pastor in Pen Argyl started new parish endowment funds with the Catholic Foundation of Eastern Pennsylvania. The funds were created to support parish liturgical programs and activities, as well as ongoing maintenance and capital improvements of the parish physical plants. “A strong, healthy endowment will make a tremendous difference for the future of our parish.” Rev. Anthony Mongiello, Pastor St. Anne Parish, Bethlehem New…
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Cemetery funds are essential for the long-term maintenance and upkeep of Catholic cemeteries. A cemetery fund can provide a reliable and sustainable source of income to cover ongoing costs such as landscaping, monument preservation, and general maintenance. The Catholic Foundation manages 24 cemetery funds for parishes located in the Diocese of Allentown. These perpetual care funds relieve the budget pressures placed on a parish to maintain these properties. Endowment Funds…
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During his homily on Divine Mercy Sunday (4/16/2023), Deacon Chris Kinsella shared a powerful message of renewal to the congregation attending the 9 AM Mass at St. Thomas More Church in Allentown, Pennsylvania. He said if we choose to believe, Easter, and the days following it, provides all of us with a fresh start – a new beginning to practice our faith. It is an intentional spring cleaning of our…
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The future success of your favorite Catholic cause started with you … … and your strategic gift to an endowment fund. During the past five years, close to 500 donors made more than 600 gifts to endowment funds managed by the Catholic Foundation of Eastern Pennsylvania to support their favorite Catholic causes. This is tremendous. Thank you. And thanks to those same donors, the Catholic Foundation has grown to more than…
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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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