$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...
Number of Endowments Continues to Grow

Number of Endowments Continues to Grow

New Endowments Added During the past five years the number of endowments held by the Foundation has enjoyed steady growth.  So far this fiscal year (2015-16) the Foundation has added one new endowment which bring the total number to 241. The new endowments benefit a...

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