The mission of the Foundation is to help ministries build endowment dollars. Endowments provide a permanent income for ministry. There are no charges or fees on the accounts that use the Foundation. Every parish in the diocese has seed money in their endowment. The Catholic Foundation's investment returns have consistently exceeded industry standards.
All accounts undergo a professional auditing review each year.
Some of those accounts are still paying out on charitable gift annuities and charitable trusts. The Catholic Foundation of Western Kentucky's services are available to any school, parish, or ministry seeking to start an endowment in order to secure a permanent income for the future of their mission. The Diocese of Owensboro stretches across 12,502 square miles of mostly rural territory encompassing 32 counties. As this new millennium dawns, let us continue to strive for a stronger Catholic presence in western Kentucky that we may bring the Good News to generations to come. Stats include retired sisters.