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...
