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Catholic Foundation gives $6.6M to ministries
Special to the Denver Catholic Register
The Catholic Foundation awarded more than $6.6 million in grants in 2010, foundation President Gerald J. “Bud” Laber recently announced.
Among the many receiving grants were: private and archdiocesan Catholic elementary and high schools; Augustine Institute graduate school; Catholic Charities Denver and Western Slope; Centro San Juan Diego Hispanic institute; Christian Life Movement; Father Woody’s Haven of Hope day shelter; Samaritan House homeless shelter; Seeds of Hope Charitable Trust; and St. John Vianney Theological and Redemptoris Mater Archdiocesan Missionary seminaries.
“The generosity of our donors helps The Catholic Foundation meet the needs of the Catholic community across northern Colorado,” said Laber. “With the foundation’s help, Catholic schools can provide a just wage to their dedicated and talented teachers; seminaries are supported in their mission of priestly formation; local parishes receive funding to build and maintain lasting communities of faith; and Catholic charitable organizations meet basic needs and provide human dignity to the poor.”
The majority of grants were made by The Catholic Foundation donor-advised funds, a spokeswoman said. Donor-advised funds enable families and individuals to streamline their charitable giving, receive tax benefits, and support various Catholic and charitable community organizations by centralizing their charitable dollars in one convenient fund.
“A donor-advised fund is one of many tax-wise ways our donors make an immediate impact on their community,” said Mary Morroni, the foundation’s senior vice president for philanthropic services. “The Catholic Foundation also helps Catholics create a legacy of faith, hope and love for the next generation through future gifts to the foundation. Our gift-planning services are designed to help our donors meet their current and future philanthropic goals.”
Laber and Morroni work with individuals and families along with their professional advisors to help them achieve their charitable goals.
Total granting making since the inception of The Catholic Foundation exceeds $65 million. In 2011, grant making is expected to top $5 million. The Catholic Foundation for the Roman Catholic Church in Northern Colorado is an independent community foundation. Its mission is to inspire and facilitate charitable giving and planning that promotes the Gospel, transforms lives and glorifies God. For more information, call 303-468-9885 or visit www.TheCatholicFoundation.com.