What is a Catholic Foundation?
Catholic foundations in dioceses across the country function much like community foundationsproviding planned giving and endowment management services to support the long-term needs of their local Catholic communities.
1) An important service of The Catholic Foundation of North Georgia is to assist parishioners in creating Catholic legacies with planned gifts. The staff members of The Catholic Foundation meet with local Catholics and their families to determine the impact they wish to make through their estate plans, as well as the best means of making those gifts.
2) Catholic foundations facilitate the growth of endowment funds for local parishes, schools, ministries, and nonprofits. The Catholic Foundation of North Georgia makes it easy to give to endowments established by organizations that mean a great deal to the donors.
3) Catholic foundations pool the assets of parishes, other Catholic organizations, and individual donors to provide excellent investments at lower fees. Foundations ensure the professional management of endowment funds with the best long-term investment strategies in compliance with all legal regulations.
4) Catholic foundations provide grants that support Catholic ministries and manage the distribution from the many endowment funds under management. Catholic foundations ensure that a donor's intent is always honored and that the principal of the endowment created by the donor is preserved into perpetuity.