The Mission of The Foundation of the Roman Catholic Diocese of Ogdensburg, New York, Inc. is to pass our living faith to future generations by financially supporting the charitable, spiritual, educational and temporal works of the Catholic Community of the Diocese of Ogdensburg by accepting donations or endowment funds from donors and the administration of these funds.
In fulfilling its mission, The Foundation will:
An Endowment Fund is the best way for you to provide a perpetual source of revenue for your Parish, School, favorite Ministry or Program of the Diocese or Missionary Projects of the Diocese. The principal of your gift remains on deposit and continues to grow, while every year the Catholic organization you’ve chosen receives income from your gift forever. An endowment may be opened with a contribution of cash, securities or other property, and may be added to at any time by you or someone else wishes to contribute the same organization.
You, as a donor, may choose to establish a restricted or unrestricted endowment fund, or both. You may assign your gift to your own Parish for its use in any manner you designate or to any other Catholic organization that you wish. You may also request that your donation simply be used to provide the greatest good to the greatest number as an unrestricted gift.
Reverend Norman Poupore Endowment – Support of Priests Disabilities Fund
Catholic Charities Endowment – Corporate purposes Society of the Sisters of St. Joseph Endowment – Corporate purposes
Society of the Propagation of the Faith Endowment – Corporate purposes
St. Joseph’s Home Foundation Endowment – Corporate purposes
Catherine Aurelia Endowment – Bishop’s charities and religious works
Reverend Anthony A. Milia Endowment – Support of the diocesan archives
Building For Tomorrow Endowment – Operating expenses of the Catholic Community of Alexandria
Education of Seminarians Endowment – Funding to the annual operating budget
Faylene LeRoux Endowment – Support of catholic education
Formation For Ministry Endowment – Parish financial assistance and annual operating budget Guggenheim/Hughes Endowment – Support of capital needs of Guggenheim Center
Leona Schlafly Endowment – General purposes of the Diocese of Ogdensburg
Reverend James Meehan Endowment – Support of Special care of Priests Fund
St. Mary’s Cathedral Endowment – Support of general operations
Joseph & Joyce Sylvester Endowment – General operating needs of St. Anthony’s, Watertown
Guggenheim Maintenance Endowment – Maintain the main camp building, boathouse and grounds
Spratt Memorial Endowment – Support capital needs
St. Alexander’s Catholic Education Endowment – Support of catholic education at parish
Alice Austin Trust Mass Endowment – Masses at St. Andrew’s Church, Sackets Harbor
Lawrence R. Robinson Trust Mass Endowment – Masses at St. Andrew’s Church, Sackets Harbor
St. Augustine’s Church Endowment – General purposes of St. Augustine’s at Peru.
Margaret Brothers Endowment – General purposes of St. Patrick’s Church, Rouses Point
Victor West Endowment – General purposes of St. Patrick’s Church, Rouses Point
St. Mary’s Champlain NY Endowment – Support of St. Mary’s Academy and St. Mary’s Church
Reverend W. Cyril Rapin Endowment – Support of Priests Disabilities Fund
Good Samaritan Endowment – Christian charity to the people of the North Country
Holy Family Strauss Educational Endowment – Promote catholic education
Deacon Adam Crowe Scholarship Endowment – Support of Education of Seminarians Fund
William Cornish Endowment – St. Henry’s Church, EWTN, Diocese of Ogdensburg
Donald J. Grant Endowment – General purposes of RC Community of Brownville & Dexter
St. Lawrence Church Endowment – General purposes of St. Lawrence Church in North Lawrence
St. Patrick’s Church Shamrock Endowment – General purposes of St. Patrick’s Church in Brasher Falls
Queen of Heaven Church – General purposes of Queen of Heaven Church
Church of St. Patrick/Stumpf Family – Catholic education
ME Walton Good Samaritan Endowment – Needs of parishioners at St. Cyril’s and St. Francis Xavier
Special Care of Priests Endowment – Funding for annual operating budget
Alice Austin Mass Endowment – Masses at Queen of Heaven Church, Henderson
St. Francis of Assisi Endowment – 50% Diocese of Ogdensburg, 50% Covenant House
William L. Patnode Endowment – Support of Education of Seminarian Fund
Gertrude J. Tyo Endowment – Support of Education of Seminarians Fund
Chapin, McCarthy, LaBelle Families Endowment – General purposes St. Augustine (North Bangor)
Chapin, McCarthy Families Endowment – General purposes St. Martin de Porras, Peru (Missionary Projects)
St. Patrick's & Mother Cabrini's Shrine of Peru, NY Endowment – General purpose of Shrine
Thomas and Ann Fiacco Endowment – General purposes St. Mary’s Catholic School, Canton, NY
Thomas and Ann Fiacco Endowment – General purposes Trinity Catholic School, Massena, NY
Bishop Brzana Chapter Vocations – Emergency medical/dental assistance to active seminarians
Brian E. McManus & Alison E. McManus Endowed Scholarship Fund in Memory of Dorothy W. McManus – Tuition assistance for students of financial need at St. Agnes Catholic School
Halsey J. Seguin Memorial Scholarship Fund - To benefit poor students of St. Bernard’s Catholic School as they see fit Education of Seminarians/St. Joseph’s Home Endowment – Support Education of Seminarians Fund & St. Joseph’s Nursing Home Foundation general purposes
The Foundation solicits, invests and stewards endowed funds
and planned gifts to benefit the people and communities of the Diocese as
designated by the donors. Prudent financial management of the funds is
entrusted to the Board of Trustees comprised of distinguished church, business
and civic leaders. A professional staff administers the day-to-day operations
of the Foundation and oversees the distribution of earnings from the funds.
Assets are managed by investment professionals.
New endowments can be started with a minimum gift of $5,000 through a variety of methods of giving as the donor selects the beneficiary and establishes the name of the Endowment (often a tribute or memorial). Contributions can also be made to existing endowments. Endowment gifts keep the principal intact and distribute quarterly dividends to the beneficiary.
The benefit of this type of gift is it provided a perpetual gift to something the donor has strong beliefs and ties to during and after his or her lifetime.
Charitable Gift Annuities
Charitable Remainder Trust
Charitable Lead Trusts