WPGC Pitch Party 2024
The Women’s Philanthropic Giving Circle (WPGC) narrowed down their choices for the 2024 grant cycle to six local nonprofit organizations. A representative from each organization presented their proposal projects to the WPGC. Congratulations to this year’s finalists: The WPGC now has to vote on who and how much each organization gets. Click here to learn more about the WPGC and stay up to date on their voting process.
CFOCF Sponsors the 2024 Priest Convocation
The Catholic Foundation of Central Florida (CFOCF) had the honor of sponsoring this year’s Priest Convocation. This gathering unites priests from across the Diocese for a time of ongoing formation, education, and well-deserved relaxation. CFOCF enhanced the experience by offering priests fun gifts such as umbrellas, mousepads, and cardholders. While CFOCF has a wealth of resources for families looking to protect their Catholic legacy, a lot of that information is not applicable to a Priest. Recognizing the specific needs of the clergy, CFOCF distributed tailor-made editions of the “Planning Your Catholic Legacy” Wills Guide. With these resources, our priests can start to prepare for the unexpected with a little guidance from CFOCF. We are blessed to have been…
Life Insurance Month
Since the establishment of Life Insurance Month in 2004, September has become a key time in highlighting the importance of life insurance and how it can provide financial stability to your family in unexpected circumstances. Proper planning enables you to choose the right policy for your financial goals and family needs. Investing in life insurance when you are young and healthy is the most cost effective option, as it provides affordable coverage with extensive benefits. If you already have life insurance, it is important to do a yearly review of your policy. Financial needs change over time as big life events happen, such as marriage or the birth of a child. A yearly review ensures that policy is still right…
Market Highlights from Our Trusted Partner The Concord Advisory Group, Ltd.
The Foundation utilizes Concord Advisory Group as our trusted partner for investment management services. The Foundation’s investment programs serve our partner organizations to provide annual income and financial wellness and individual donors to meet their philanthropic aspirations and legacy goals. Concord is an Investment Advisory Group focused on faith-based nonprofit services. It providing strategic advice to staff, our Investment Committee, and our Board of Directors to improve the performance of our investment services. The Foundation’s investment services include endowment funds, Donor Advised Funds (DAFs), and reserve funds, each with their own targeted performance strategy. Concord has more than thirty years of experience assisting their partners in managing the balance between spending policy and corpus growth while navigating the challenging factors…
All-Encompassing and All-Embracing Financial Planning
All-Encompassing and All-Embracing Financial Planning Key elements of financial planning: What is often missing in these elements is philanthropic planning. Financial planning can focus only on the growth of assets and estate planning can focus only on distribution to heirs. US Trust and The Philanthropic Institute found in 2013 and 2018 that clients want advisors to start philanthropic discussions. However, more often than not, clients have to initiate this. At the Catholic Foundation, we start philanthropic planning with goal setting, focusing on realizing donors’ visions for a lasting legacy. Philanthropy can be emotional as well as rational. The emotional aspect of philanthropy includes identifying core values, defining passions, and strengthening family ties. Exploring these areas ensures assets align with personal…
WPGC Site Visits
The Womens Philanthropic Giving Circle Complete This Years Site Visits The Women’s Philanthropic Giving Circle (WPGC) has successfully completed site visits for this year’s grant finalists. As part of the application process for a grant from the WPGC, agreeing to a site visit is essential. These visits enable members to gain a comprehensive understanding of the services an organization offers and provide an opportunity to ask any pertinent questions. Congratulations to this year’s grant finalists: The finalists are now preparing for the upcoming pitch party in September. During the pitch party, each finalist will be given five minutes to present the project they need the grant for. These presentations will allow members to engage directly with the finalists, posing questions…
Make-A-Will Month
Make-A-Will Month Approximately 67% of Americans do not have a will or estate plan in place. The Catholic Foundation of Central Florida prepares you for the unexpected by providing several resources. If you would like to keep up with or attend one of our events, follow us on social media or subscribe to our newsletter. The combination of Freewill and one of our PGAC members allows you to create a valid will within the week. As we continue to educate our community in securing their legacies, we encourage every parishioner to consider the lasting impact of their charitable actions. For more information on our services, please take a look through our website or contact The Catholic Foundation directly.
Market Highlights from Our Trusted Partner the Concord Advisory Group, Ltd
The Foundation utilizes Concord Advisory Group as our trusted partner for investment management services. The Foundation’s investment programs serve organizations to provide annual income and financial wellness as well as individual donors to meet their philanthropic aspirations and legacy goals. Concord is an Investment Advisory Group with a strong focus in religious-based non-for-profit services providing strategic advice to staff, investment committee and board members to improve the results of our investment services. The Foundation’s investment services include endowment funds, Donor Advised Funds (DAFs), and two time-horizon based reserve funds each with their own targeted performance strategy. Concord has more than 30 years of experience assisting partners manage the balance between spending policy and corpus growth while navigating the challenging factors…
Christmas Spirit in July: Preparing for Endowment Distributions
Christmas Spirit in July Preparing for Endowment Distributions Endowments create a lasting legacy for donors, as their contributions yield enduring benefits. These funds generate ongoing annual income for beneficiaries, ensuring a stable financial foundation for operations, special projects, or ministries. As the Foundation’s fiscal year comes to a close, the cycle for annual endowment distributions begins. The beginning of this cycle not only amplifies the growth potential of charitable contributions through our Catholic-compliant and best-in-class investment portfolio but also instills a sense of Christmas spirit in July among our staff. Our investment strategy, distinctively aligned with Catholic values, targets returns that consistently provide incremental funds to our beneficiaries, amplifying the impact of each donation beyond its initial value. As we…
Growing Your Stewardship Grants
2024 International Catholic Stewardship Council (ICSC) Conference Scholarships The Catholic Foundation of Central Florida is blessed to distribute four Growing Your Stewardship grants to staff and leaders in the Diocese of Orlando. This grant assists in alleviating the costs of their attendance in the 2024 International Catholic Stewardship Council (ICSC) Conference. We congratulate our 2024 Growing Your Stewardship Grant recipients: The Catholic Foundation of Central Florida provides these grants from our Endowment to support our diocesan parishes and schools. This year the grant coverts the registration fee for the Conference and also a travel stipend of one thousand dollars for each applicant awarded the grant. The ICSC Conference features an abundance of networking opportunities and 80 stewardship related sessions. The…