Endowed gifts made in support of the Diocese of San Angelo are enduring legacies that provide financial sustenance to the diocese in perpetuity. The Catholic Charitable Foundation of the Roman Catholic Diocese of San Angelo is your partner for establishing long-term endowments that will benefit our diocese for generations to come.

What is an endowment?

An endowment is a donation of money or property to a non-profit organization, which uses the resulting investment income for a specific purpose. Endowments at the Catholic Charitable Foundation of the Roman Catholic Diocese of San Angelo are designed to keep the principal amount intact while using the investment income for charitable efforts. 

Who can establish an endowment?

Anyone can establish an endowment. Individuals, groups, or families may choose to establish an endowment. A minimum of $10,000 is required to establish an endowment through the Catholic Charitable Foundation of the Roman Catholic Diocese of San Angelo. This $10,000 may come through an individual or by pooling resources of a group or family.

The Catholic Charitable Foundation also offers a "Build a Fund" option for those that may need a little more time establishing an endowment. This option allows you five years to fully fund your endowment.  The Fund name and purpose are determined when the first contribution to the Fund is made.  The Board of Trustees may transfer the balance of the Fund to the Foundation's Unrestricted Endowment Fund if at the end of five years the minimum amount required for establishing a fund has not been reached.

Why should I establish an endowment at the Catholic Charitable Foundation for the Roman Catholic Diocese of San Angelo?

A gift to an endowment fund is a lasting gift that will benefit both present and future generations of our Catholic family and will continue to build God’s kingdom in our Diocese.

Not only will your long term investment help the future of the diocese, but your endowments can also contribute to annual grants given by the Foundation to Catholic parishes, schools, and organizations. Click the link below to see a list of how grants from the Foundation's endowments have benefitted our diocese.

How can I get started establishing and endowment?

If you wish to establish a new endowment fund or contribute to an existing fund, please contact Mercedez Rassi at 325-651-3717 or [email protected]. You are also welcome to fill out the form below and someone in our office will be in contact with you.