Catholic Foundation in the Archdiocese of Dubuque

To inspire faith-filled charitable planned giving and manage assets in Catholic responsible investing to grow endowments in order to grant perpetual funding to Catholic schools, parishes and ministries for them to continue to care for the spiritual and corporal needs of those they serve.

We will continue to enhance our investments in Catholic responsible investing, reflecting our Catholic values and following institutional funds investment best-practices, adhering to laws related to institutional investing, managing funds professionally and providing regular reports to our donors and clients.

We will grow our endowments by 1) engaging donors on their personal or family legacy through planned gifts, helping them benefit a Catholic organization in perpetuity while embodying Catholic values, 2) partnering with Catholic organizations on establishing or growing their endowments and increasing their planned giving programs and 3) working collaboratively with donors' advisers so that they may help their donors achieve their goals/wishes.

We will continue to enhance our regular grants to Catholic organizations to help them care for the spiritual and corporal needs of those they serve.

CFAD is an independent public foundation separate from the Archdiocese of Dubuque overseen by a 13-memer board of directors.

The investment portfolio of CFAD shall be managed to maximize return over the long term in a manner that is consistent with the liquidity needs, spending rates, asset/liability management strategies, safety of principal of the individual funds and Catholic responsible investment screens. We regularly review our investments, looking to refine our portfolio to adhere to United States Conference of Catholic Bishops (USCCB) guidelines while providing sound financial returns. Accordingly, the investment manager shall, wherever possible, apply investment screens to the foundation’s separately managed account portfolios in accordance with the Socially Responsible Investment Guidelines of the USCCB.

Planned giving takes relationship building, marketing and educating. CFAD helps with marketing and educating and works with Catholic organizations to build on the relationships they have. CFAD offers a staged approach to help Catholic organizations with planned giving, consulting at each stage to various degrees as needed. From goal setting to planning to outreach, CFAD's staff provides the resources needed to help both Catholic organizations and donors understand the importance of legacy planning and the fulfillment it offers.

CFAD collaboratively works with the Catholic organizations it serves, formally and informally discussing their current and future needs and how our grant process could better serve them. CFAD has added staff to help research and develop this area.

Our review of Catholic responsible investment screens, working with fund managers through our investment consultant, is ongoing.

Our planned giving consultation services to organizations began in 2020 and in two years has grown to include 15 organizations. We continue to grow our services for individual donors in helping them discern their most joyful gift.

Grant Dollars Distributed
FY 17-18 $2,632,105
FY 18-19 $2,754,918
FY 19-20 $2,790,604
FY 20-21 $2,957,657
FY 21-22 $3,327,226
FY22-23 $3,870,296

Number of Grants Distributed
FY 17-18 98
FY 18-19 129
FY 19-20 137
FY 20-21 156
FY 21-22 167
FY 22-23 195

Dollars of Assets*
FY 17-18 $86,960,638
FY 18-19 $101,185,338
FY 19-20 $105,423,795

Number of Funds *
FY 17-18 167
FY 18-19 180
FY 19-20 196

*Includes agency trust accounts