2018 Welge Scholarships Awarded

2018 Welge Scholarships Awarded

As students from throughout our diocese make their way to college campuses near and far, the Independent Catholic Foundation announces three recipients of the 2018 Adelaide G. (Heverly) Welge Scholarship. Sierra Stevens from Mount Carmel Parish, Altoona, attends...
Stellabotte Joins Foundation Board of Trustees

Stellabotte Joins Foundation Board of Trustees

The Board of Trustees of the Independent Catholic Foundation has voted to accept Ronald Stellabotte as Trustee to a three-year term.  Born and raised in Altoona, Stellabotte graduated from St. Francis University in 1962 with a bachelor’s degree. He then graduated as a...
Scholarships Available

Scholarships Available

Scholarships Available for Blair County Junior and Senior College Students Applications are now being accepted for the 2018 Welge Scholarship which assists Blair County students who are entering their junior or senior year (third or fourth year) at an accredited...

Guidestar Gold Seal for Transparency

(ALTOONA, PA) The Independent Catholic Foundation was recently recognized for our transparency with a Gold Seal on our GuideStar Nonprofit Profile. GuideStar is the world’s largest source of information on nonprofit organizations. More than 8 million visitors per...

Strong 2017 Investment Growth!

Through the efforts of its Finance Committee, portfolio manager Christian Brothers Investment Services, and consultant Cornerstone Advisors, the Independent Catholic Foundation announces that its investment portfolio increased 14.7% in calendar year 2017. With its...
Have Faith with Year-End Giving!

Have Faith with Year-End Giving!

A year-end charitable gift to one or more of our permanent endowments for the benefit of your most cherished Catholic causes – a parish, school, religious order or diocesan ministry – within the Diocese of Altoona-Johnstown will be invested in perpetuity. Each year...
Foundation Trustee Recognized

Foundation Trustee Recognized

The trustees and staff of the Independent Catholic Foundation congratulate Keller Engineers, founded by Joseph G. Keller, PE, for its induction into the Blair County Chamber of Commerce Business Hall of Fame. Keller Engineers is well deserving of this honor, not only...
$250,000 Faith Center Endowment Challenge

$250,000 Faith Center Endowment Challenge

An anonymous donor has approached Father Matthew Laffey, O.S.B., director of Catholic Campus Ministry for Penn State University Park campus, with $250,000.00 and a challenge for others to match that amount by December 31. The lead gift and additional contributions...
Stasko Joins Board of Trustees

Stasko Joins Board of Trustees

Bill is a native of Johnstown where he attended Visitation of the B.V.M. Catholic Grade School and Bishop McCort Catholic High School.  He earned a BS in Accounting from Saint Vincent College, Latrobe.  A Certified Public Accountant since 1986 and Registered Financial...
Foundation Announces 2017 Funds Distribution

Foundation Announces 2017 Funds Distribution

Foundation Announces 2017 Funds Distribution Due to healthy investment returns, the Board of Trustees of the Independent Catholic Foundation recently approved a distribution percentage of 4.5% for each of its 250 permanent endowments. This percentage is based on the...