Annual Endowment Checks Received by 86 Beneficiaries
Nearly $420,000 in endowment distributions were mailed in May, 2020 to Catholic churches, Catholic schools, and Catholic-run organizations throughout the diocese. For some, these annual distributions are a much-needed help to meet their basic operating budget. For others, however, these annual endowment checks are welcome opportunities to build up an important ministry or offer new ways to bring Christ to the lives of others. Here is an email we just received from St. Ann Cathedral in Great Falls. Their parish endowment is modest, at this point, yet it still provides an annual distribution that makes a big difference: Thank you for the recent endowment distribution check for St. Ann’s Cathedral. Father has directed the funds to be used for purchasing new materials for our Adult Faith Formation groups- RCIA and Adult Bible Study. We had two adults just receive their sacraments thru RCIA, and our newly formed Adult Bible Study has grown to around 15 people on a consistent basis. Thank you, and many blessings on the wonderful work you do!
Annual endowment distribution checks are the fruit of the stewardship of Catholics who make donations to permanent endowments at the Catholic Foundation of Eastern Montana throughout the year. Every gift builds an endowment, which in turn, increases the size of the endowment distribution check which their favorite parish, school, or ministry receives each year. It is that simple. Every gift you give counts!
We, the board of directors, are so pleased that during these troubling times, we were able to distribute over $400K in distributions to help the Church. This is in addition to being able to award another $50K in grants to various parishes and schools. As we continue to build the Foundation, we hope that you, too, might consider the Foundation in your future donations. Thank you and God Bless! —Tom Mathews, Foundation Board Treasurer