The Valley Catholic September 10, 2019 | Page 24

24 September 10, 2019 | The Valley Catholic PAID ADVERTISEMENT Q: WHAT IS THE MAIN PURPOSE OF THE CATHOLIC COMMUNITY FOUNDATION OF SANTA CLARA COUNTY? A: GRANT MAKING $3 Million We grant from 4 main sources: granted July ’18 to June ’19 Designated Endowments Grants will only ever be awarded to one organization (like a parish or school) for one purpose, FOREVER. Read in center section: “Saint Simon Builds FOREVER VALUE with Endowment Match” Field of Interest Endowments Grants are awarded to programs in specified categories based on the merit of applications. We manage a Designated Endowment that supports the Institute for Leadership in Ministry (ILM) Read in center section: “First Two-Year Parish Outreach Grantee” Family Endowments One family funds an endowment and picks which organizations will receive grants from it, FOREVER. Read in center section: “Family Endowment: A Legacy for the Next Generation” Donor Advised Funds The San Jose Chinese Catholic Mission received a grant from a Field of Interest Endowment for a youth retreat The donor advises grants based on their interests. Grants can be made to organizations all over the nation. This is a great tool for tax planning and strategizing your philanthropy. Learn more about Donor Advised Funds: tinyurl.com/y3hu57qy Anyone can open or contribute to a fund! There are 2 easy ways to make a gift: 1. Now Gift - Donate cash, stock, bitcoin, real estate, etc. today 2. Legacy Gift - Leave a gift to an endowment or institution in your estate plan. Anyone can be a legacy donor! Gifts of any size are meaningful and appreciated. [email protected] | 408.995.5219 cfoscc.org Visit giving.cfoscc.org to donate to a fund online or contact us about opening a fund