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"I am a grandfather of 11 grandchildren, I want them to have what I have from church. If the older generation doesn’t do something to help these smaller parishes, they may not be there in the future. If my grandparents wouldn’t have invested themselves in building for the church, we wouldn’t have a parish. I have seen the good that large endowments can do. Yes, it takes years to develop. I suppose this gift is more for my grandchildren. I may not see the benefits of this endowment, but my grandchildren will." - Bob Horsting, St. Mary Parish, Shoals
· The donor decides who will be the recipient of the endowment, such as a parish, school or Catholic organization.
· The donor’s original gift and future gifts (corpus) will grow through The Catholic Foundation’s investment growth and its efforts at securing additional funds through marketing programs directed to new investments and in growth of individual organization funds.
· The donor has the assurance that the initial gift invested in an endowment will keep giving for future generations.
· The donor will have confident knowledge that the endowment will further and strengthen the work of the Catholic Church.
· The donor will obtain federal and state tax advantages depending upon the circumstances of the donor and the professional advice of a tax attorney or accountant.
· The donor has security in knowing that the endowment is professionally managed and positioned for growth through co-mingling of funds in a centralized pool of assets.
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