Quasi-endowments
A Flexible Solution for Catholic Community Foundation Donors
Every donor has unique philanthropic goals and financial situations. Quasi-endowments, a flexible giving option designed to meet the diverse needs of our faith-based community while supporting the mission of the Church.
Work with our team to create a quasi-endowment tailored to your philanthropic goals. You’ll define the purpose of the fund and any specific guidelines for its use. Your contribution is invested responsibly to promote growth and generate income over time. Our investment strategy adheres to Catholic social teaching and aims for both financial and spiritual returns. When the need arises, you or the designated beneficiaries can request withdrawals from the fund, subject to the foundation’s policies.
What is a Quasi-Endowment?
A quasi-endowment is a fund established by a donor or an organization with the intention of creating a sustainable source of support for a specific purpose. Unlike traditional endowments, quasi-endowments allow for principal withdrawals, providing greater flexibility in how the funds can be used. This unique structure makes quasi-endowments an attractive option for donors who want to balance long-term impact with short-term needs.
The Catholic Community Foundation is committed to helping you achieve your charitable goals while strengthening the mission of the Church. When you establish a quasi-endowment with us, you join a community of faithful donors who are making a difference in the lives of others and building a legacy of faith and generosity.
Key Features of Quasi-Endowments
Donor Control
Donors retain the ability to direct how and when the funds are used, within the framework of the foundation’s guidelines.
Sustainability
While the principal can be accessed, quasi-endowments are often managed with a focus on long-term growth, ensuring funds remain available for future needs.
Flexibility
Quasi-endowments can be tailored to support a wide range of causes, from education and healthcare to parish ministries and social services.