The Catholic Community Foundation has been serving the Phoenix valley since 1983. Currently holding over $95 million in assets under management, we are your trusted financial partner for long-term, charitable giving.
1. An Endowment fund is established for the named parish or organization and invested into Catholic screened portfolios.
2. The principle of the fund continues to grow through investment returns and donor contributions.
3. Income disbursements occur every year to the named parish or organization from a percentage of the fund balance, providing predictable income forever!
Our Forever Fund endowments are designed to support many areas of need within our community. Some of those areas include awarding scholarships to students attending Catholic schools, providing grants that assist front-line charitable organizations, and contributions to schools and parishes for infrastructure needs. Our Forever Fund endowments are the perfect vehicles to fulfill your charitable giving goals.
Endowments are financial investment vehicles designed to withstand economic instabilities through sensible investing practices. Grants are distributed each year, while still permitting the corpus of the fund to grow. This allows for present-day community impact from a fund that is guaranteed to last in perpetuity. For more information on our endowments, please call 480-651-8800.
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Are you looking for a way to benefit your favorite charities both now and in the future? Would you like to simplify your annual and lifetime charitable giving? A Donor Advised Fund at the Catholic Community Foundation might be a great solution for you! You can also use a DAF to distribute gifts to numerous charities.
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*No-Fee Donor Advised Funds are one of the most exciting new vehicles for supporting the ministries and charities you care about. Click the link above to learn more.
Charitable Gift Annuities are a great way for you to support a charitable organization AND create a more secure future for you and your family, regardless of how the economy fares. Many individuals are unsure how a fluctuating market will impact their investments. That is why a Charitable Gift Annuity makes sense for some, providing the stability needed to create a predictable financial future. There are a number of reasons why you might find a Charitable Gift Annuity attractive. Here are just two reasons for you to consider:
If you own low-performing CDs that are maturing, you might consider transferring your CDs to the Foundation to fund a Charitable Gift Annuity. The payments will be fixed for life for you, you, and a spouse, or another loved one based on the age of the person receiving the payments. The payments will not change even if interest rates or the stock market fluctuates. Our promise to pay is backed by our 37 years of history and $75 million in assets.
The year a Charitable Gift Annuity is established, a portion of the annuity generates a charitable tax deduction for you. If you transfer appreciated stock to fund a gift annuity, the payments will be taxed differently than a gift annuity funded with cash.
If you would like to learn about the tax advantages, annuity rates, or any other information regarding charitable gift annuities, please contact the Foundation at 480-651-8803.
Eighty-eight-year-old Annette recently established a $110,000 gift annuity to benefit her Catholic parish. For her age, the annuity rate is 8.4%, providing $9,240 per year for the rest of her life. And, over 80% of her annuity income is tax free!
Her personalized Catholic gift annuity is a lasting expression of her faith and will provide perpetual support for the ministries and sacramental life of her community.
Satisfy all or a part of your required minimum distribution and help to sustain the work of the Catholic Community Foundation, all while minimizing or negating taxes on your qualified accounts with a Qualified Charitable Distribution.
Help ensure the continuation of the Catholic programs and causes that are important to you by rolling your Qualified Charitable Distribution to the Foundation in three easy steps:
If you want to learn more about how the Foundation can help with Qualified Charitable Gifts, or other ways to maximize your charitable giving this year, contact our gift planning team at 480.651.8800.
The Catholic Community Foundation’s Tax ID Number is 86-0465177.
"I absolutely believe in the value of perpetual endowment investing... Mt. Claret has seen the value {of endowments} and has since established two other perpetual endowment funds with CCF. All three of our funds continue to grow and replenish the needs of our organization while giving our community a way to show their love and support back to Mt. Claret.”
—Tom McGuire, Mt. Claret Retreat Center, Director