Contributions of any amount may be added to any of our permanent endowments at any time. Such contributions become part of the endowment principal and can never be spent. A portion of the annual investment income will be distributed according to each specific designation.
New endowments in honor or memory of loved ones can be established with a gift of $10,000 or more, payable up to a three-year term. Each endowment requires a signed legal agreement (specifying the designation of annual distributions and succession clause) between the Foundation and the originating contributor. Please contact us for details.
To make a gift online, please specify the endowment(s) and respective amounts in the comments section via the Donate button at top right. To mail a contribution check, please send it to Independent Catholic Foundation, 3618 Fifth Avenue Suite 1, Altoona, PA 16602-1705. We will promptly issue a charitable gift receipt for income tax purposes.
2017-18 LIST of ENDOWMENTS - Please click on each section title below.
Established to fund scholarships, tuition assistance, general operation and other needs as directed by each endowment fund agreement.
Established in 2009 as a memorial gift to provide tuition assistance to worthy students entering or continuing to attend Bishop McCort Catholic High School.
Ann and Mary Gavaler Endowment Fund for St. Benedict Parish (Carrolltown)
Established in 2007 to provide assistance with restoration and extraordinary maintenance project costs coordinated by the Diocese for
Basilica of St. Michael the Archangel Parish, Loretto
Established in 2017 to provide for capital upkeep of the Paterno Catholic Student Faith Center, Park Avenue, State College of Catholic Campus Ministry serving Penn State’s University Park campus.
ST. VINCENT de PAUL
Topshop (Farabaugh) Memorial Endowment Fund