Non- Profits: What is a Catholic Growth Fund?
A Catholic Growth Fund is an investment account for non-profit organizations that provides an alternative to secular banks. Non-profits can select an investment pool that best serves their needs, including the risk profile and timeline of usage, as a means to grow idle cash over time. All pools in Catholic Growth Funds are screened following the United States Conference of Catholic Bishops (USCCB) investment guidelines and are overseen by the Catholic Community Foundation Finance & Investment Committee and a third-party investment manager. To learn more about which best suits your organization, don't hesitate to contact the Catholic Community Foundation at 480-651-8800.