The Diocesan Office of Catechesis Endowment

What is an Endowment?
An endowment is a gift of money or other property (stocks, insurance proceeds, securities, or real estate) invested to produce ongoing income for a specific purpose. Income from such a fund is perpetual and will continue to grow over centuries to come. Each year, a portion of the annual earnings is used to fund the financial needs of the Office of Catechesis (scholarships, special speakers, and workshops). The donations to the endowment and the remainder of the annual earnings are re-invested for future growth. Financial planning professionals, through the Catholic Foundation of Southwestern Indiana, manage the endowment and determine the annual payment to the Office of Catechesis.

Why an Endowment?
An endowment is useful in long-range planning. The Office of Catechesis Endowment will strengthen the future of the Catholic Church in southwestern Indiana by providing opportunities for ministerial training. The pooling of funds within this endowment ensures ongoing income for an ever expanding program of training.

Benefits of Giving
• Reduce income taxation
• Attractive tax advantages for your estate
• Donations and pledges to the endowment may include cash or naming the Diocesan Office of Catechesis Endowment
  as a beneficiary or owner of annuities, personal property, stock, IRAs, and other pension plans
• Assurance that the investments will be carefully managed and monitored, thereby creating a perpetual gift
• Pooling of asset resources allowing for more efficient investing and greater return on investment
• You have a special opportunity to sustain the Catholic faith in the Diocese of Evansville well into the future.

To make a contribution to the Office of Catechesis Endowment or for more information, please call the Office of Catechesis at 812-424-5536 or 1-800-637-1731.