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…
The Concord Advisory Group, Ltd.: June 2024 Market Highlights
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…
One of Our Board of Directors Starts New Position at the Diocese
Dr. Erika Wikstrom Starts News Position as the Secretary of Education and Superintendent of Education at the Diocese Join us in congratulating Dr. Erika Wikstrom on her new position as Secretary of Education and Superintendent of Education at the Diocese. Dr. Wikstrom is one of our Board of Directors here at the Catholic Foundation of Central Florida (CFOCF) and an Executive Committee Member of the Women’s Philanthropic Giving Circle (WPGC). Previously, she was the Principal at Bishop Moore Catholic High School where she led her students through the pandemic. During her time at Bishop Moore, she increased enrollment, strengthened academics, and launched new programs. We are confident that her dedication and vision will continue to enrich our community and enhance the…
Wendy Mara
Our PGAC Board Member Join the Lawyers of Distinction Join us in congratulating Wendy Mara for being chosen to join the prestigious national organization, Lawyers of Distinction. This organization recognizes attorneys who exemplify excellence in their legal practice. Wendy is a member of our Planned Giving Advisory Council (PGAC), a group of experts specialized in gift and estate planning, and part of our Board of Directors. Her commitment to both her profession and philanthropic endeavors make her a standout member in our community. Thank you Wendy for your unwavering dedication and exceptional contributions to our community. Congratulations on this well-deserved recognition. Click here if you would like to learn more about our Planned Giving Advisory Council.
Important Message from Bishop Noonan
My Sisters and Brothers in Christ, May the Peace of Christ be with you! Today, I share with you some important news. After consultation with key leadership of the Diocese of Orlando and The Catholic Foundation of Central Florida, Inc., plans are underway to analyze and evaluate the current components of our collaborative efforts toward fundraising and stewardship. Since its founding in 2008, the Foundation has managed Community Services to include Our Catholic Appeal, Capital Campaigns and Offertory Enhancement. The Foundation also oversees Investment & Asset Management and Donor Services including Planned Giving. We are pleased at the tremendous growth and achievements of the Foundation, which continues to support our parishes, schools, and diocesan ministries. As a result of this…