Catholic Foundation Distributes

The Catholic Foundation of Southwestern Indiana, which manages endowments to benefit the Diocese of Evansville, will distribute $1.61 million from their 2014 earnings. The proceeds from the endowments support 505 separate causes within the diocese, and were created by the generous contributions of individuals, families and entities across the 12 counties it serves.

“We are very pleased as a board to be able to distribute the amounts we have over the past few years” said Foundation Board Chair Marcia Jochem. She is a member of Resurrection Parish in Evansville, and owner of Thyme in the Kitchen on Franklin Street. “The earnings are so very valuable to the Catholic entities we support, and make it possible for them to not only operate, but have the ability to do more within their missions.”

The Catholic Foundation supports four key areas within the Catholic culture in the Diocese of Evansville: Catholic education, parish support, social justice causes and vocations.

The assets under management at the close of calendar year 2014 were $42,763,851 – a record for the organization in its two-decades-old history.

For more information on creating an endowment with The Catholic Foundation or contributing to an existing one, individuals and groups should contact The Catholic Foundation of Southwestern Indiana in Evansville at (812) 424-5536; or by email at foundation@evdio.org