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....
by Chris Ringkamp | May 20, 2019 | News
Scholarships Available for College Juniors & Seniors The Independent Catholic Foundation seek applicants for the 2019 Welge Scholarship which provides financial assistance to worthy parishioners who are entering their junior or senior year of college and are a...
by Chris Ringkamp | Mar 5, 2019 | News
What Alois Kohlbecker began almost two centuries ago has been perpetually secured by his great-grandchildren for centuries to come. Alois was one of the early parishioners of Saint John the Evangelist Parish in Bellefonte, Centre County, in the 1800s. His son,...
by Chris Ringkamp | Oct 2, 2018 | News
A year-end gift to your parish or one or more of our permanent endowments in honor or memory of a family member or friend helps fulfill our mission of providing for Christ’s ministries for the benefit of current and future generations. The following are a few...
by Chris Ringkamp | Sep 25, 2018 | News
At the annual meeting of the Independent Catholic Foundation in June, the board of trustees accepted the recommendation from the Finance Committee to set this year’s distribution rate at 4.5%. Taking the average market value of the full portfolio from the six...
