Due to a generous bequest to the Archdiocese of Atlanta from Joseph Mitchell, and the decision of Archbishop Wilton Gregory to utilize part of that gift to ensure that every parish and mission has an endowment at the Catholic Foundation for its future, each Archdiocesan parish and mission now has its own endowment fund. All earnings from each parish's endowment will support the work of that designated parish.
The Catholic Foundation partners with the parishes to grow the endowments by promoting Catholic legacies. We work with pastors and their stewardship and finance councils to educate parishioners about the endowment funds and to encourage them to make lasting gifts for the future of the parishes.
Most parishioners have not thought about making a legacy gift to the church in their will or estate plans. Working with the Catholic Foundation does not affect the weekly collections, capital campaigns, or other fundraising activities which draw on a parishioner's cash, because we focus on stewardship of the donor's assets, particularly in their estate plans.
Parishioners can assist their parishes by making current gifts or planning estate gifts for the endowment. Once an endowment is established for a parish, gifts may be made to it at any time. Endowments grow especially when parishioners include the parish in their estate plans. Parishes can also encourage gifts to the endowment fund in memory or in honor of family members and friends.
The Catholic Foundation has developed numerous materials to assist in promoting planned giving and growing the endowment fund. Please see the Resources Materials tab for resources helpful to parishes.