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Types of Funds
The Catholic Foundation of Southwestern Michigan manages unrestricted and a variety of restricted member funds available for all Diocesan parishes, schools, and ministries to be represented. Below are the types of funds the Foundation manages. You can read more about our current funds here.
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Parish Funds
Permanent endowment funds help parishes sustain and strengthen their mission and ministries. An endowment fund can be established to support operations, capital improvements, or a specific ministry.
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Catholic School Funds
Permanent endowment funds for Catholic schools help ensure their viability for years to come. Funds designed for endowment purposes can be designated to support scholarship/tuition assistance, teacher salaries, capital improvements or other areas as designated by the donor.
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Family Named Funds
Individual donors may create a named permanent endowment fund within the Foundation designated to a parish, school, Catholic organization or diocesan ministry. Funds can be named in honor or memory of loved ones.
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Organizational funds
Catholic organizations within the Diocese of Kalamazoo are encouraged to establish their own named funds. With a minimum investment of $5,000, any Catholic agency/organization can establish a permanent endowment that will, in perpetuity, provide important on-going funding. Examples include Knights of Columbus Councils, cemeteries, social justice, etc.
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