by Chris Ringkamp | Oct 26, 2020 | News
After only three grant cycles, our Impact Grant Program has awarded a cumulative total of $105,931.50. The Foundation’s Trustees designated an unrestricted bequest from the late Lou Fleckenstein as the source for Impact Grants. The bequest is invested using the...
by Chris Ringkamp | Jun 15, 2020 | News
Three decades ago in June 1990, Frank Pasquerilla and Jim Saly approached Bishop Adamec with an idea to form a foundation lead by the laity that would initially provide endowment support to Catholic schools. What began with endowed funds of $218,667 has blossomed into...
by Chris Ringkamp | May 6, 2020 | News
Established in 1995, the Adelaide G. Welge (WELL-ghee) Scholarship Endowment Fund provides financial assistance to college juniors or seniors registered at a Blair County Catholic Parish (other than Saint Matthew Parish, which already has a substantial scholarship...
by Chris Ringkamp | May 6, 2020 | News
In these unprecedented times, we have distributed the following Impact Grants to several parishes so they can communicate with parishioners using new technology: Prince of Peace Parish, Northern Cambria (live streaming camera), St. Rose of Lima, Altoona (text/email...
by Chris Ringkamp | Mar 18, 2020 | News
Download a PDF version here to re-print or share with pastoral or finance council members. March 19, 2020 Solemnity of St. Joseph Dear Foundation Partners, As you are well aware, the coronavirus pandemic has greatly affected global financial markets. While our...
by Chris Ringkamp | Jan 7, 2020 | News
Please join us in welcoming Annette Wholaver as our Mission Advancement Associate. In addition to administrative responsibilities, Annette will coordinate our Impact Grant Program and annual endowment distributions as well as audit our endowment deposits and...
by Chris Ringkamp | Jul 12, 2019 | News
Despite a volatile investment cycle in the fiscal year that ended on June 30, the Board of Trustees of the Independent Catholic Foundation recently approved a 4.5% distribution rate for each of its 268 permanent endowments. This action will result in a record $1.3...
by Chris Ringkamp | Jul 1, 2019 | News
We begin our fiscal year with news that Charity Navigator has awarded us its coveted 4-star rating for demonstrating strong financial health and commitment to accountability and transparency. Charity Navigator’s award letter to us continues: “The nonprofit...
by Chris Ringkamp | Jun 26, 2019 | News
Applications are now available for Impact Grants that we will award in September to eligible Catholic parishes, schools and service organizations within the diocese. The Grants Committee has decided to give priority to projects emphasizing Clergy/Lay Leadership...
by Chris Ringkamp | Jun 26, 2019 | News
In several instances recently, fellow Catholics have asked us, “How was the office move?” The question has afforded us the opportunity to offer a friendly reminder that the Independent Catholic Foundation did not move because we are not a diocesan office....
