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Why give to the Catholic Foundation of Maine?
By creating a legacy through a gift to an endowment fund, you are ensuring the future support of that church, parish, ministry or need, in perpetuity.
The Catholic Foundation of Maine endowment funds will continue to support and benefit programs, services and needs for the long-term.
- Establish a Named Endowment Fund
It takes very little time to establish a named endowment with the Catholic Foundation. As the donor, you name the endowment fund you wish to create. Next, you determine the type of gift you want to open the fund with, and finally designate the purpose of your endowment fund. Named funds also include scholarship endowment funds.
- Give to an Existing Endowment Fund
You can also give to an existing fund at the Catholic Foundation through an outright or planned gift. Your gift of any size to any fund is welcome.
- Establish a Donor Advised Fund - please contact the Foundation office for specifics on how to establish a donor advised fund. There is a minimum required investment to open a donor advised fund.
- Name a Parish, School or the Catholic Foundation in Your Will
Through a bequest or other planned giving vehicle, you can establish a fund in the Catholic Foundation. A legacy gift is the ultimate act of stewardship.
- Giving to the Catholic Foundation of Maine Endowment Fund
Many people understand the value of faith-based philanthropy. When you give to the Catholic Foundation of Maine fund, you help us fulfill our mission.
The specific and primary purpose of the Foundation is the financial support of the various religious, charitable, benevolent, and educational activities of all Catholic organizations, institutions and ministries within the State of Maine, including but not limited to those that are part of the Roman Catholic Diocese of Portland, and Catholic Charities Maine, as such activities are defined and understood within the meaning of Section 501(c)(3) of the Internal Revenue Code of the United States.
The execution of its primary purpose shall not prevent the Foundation from supporting religious, charitable, benevolent, and educational activities which are not sponsored or controlled by the Catholic Church, provided that such activities are conducted by organizations which qualify as tax-exempt under Section 501(c)(3) of the Internal Revenue Code and the activities and values of which are consistent with the teaching and discipline of the Catholic Church. Determination of acceptability of gifts, distributions of support and establishment of endowment funds will be made in keeping with the policies of the Board of Trustees.
- Establish a Named Endowment Fund