The CARES Act, Charitable Giving, and an Opportunity to Double Your Impact

The CARES Act, Charitable Giving, and an Opportunity to Double Your Impact

You’ve likely heard about the CARES Act — Coronavirus Aid, Relief, and Economic Security Act — passed into law in March 2020. It’s the largest economic relief bill in U.S. history and includes a variety of provisions to help individuals, families, and small businesses obtain economic relief. A couple of those provisions impact charitable giving. Just how depends on whether you itemize your deductions or not.

Read More

Your Gift DOUBLES This Week

Your Gift DOUBLES This Week

We launched the Minnesota Catholic Relief Fund (MCRF) on MAR. 19 to contribute to operational stability for Catholic parishes and schools during this time of disruption.

As of SAT. APR. 18, together we’ve raised $877,013, and we anticipate making the first round of grant distributions next week. But there remains great and urgent need.

And this week, your gift DOUBLES!

Read More

Introducing the Minnesota Catholic Relief Fund

Your Gift DOUBLES This Week

Dear Friends,

In response to this crisis, and in partnership with Archbishop Hebda, the Catholic Community Foundation of Minnesota (CCF) has created a fund to inspire community generosity and collaboration to provide urgent financial relief and stabilization to parishes and Catholic schools experiencing grave financial distress.

The result is the Minnesota Catholic Relief Fund (MCRF) — a coordinated community-wide philanthropic response to COVID-19.

Read More

CCF’s COVID-19 Response: Have Faith, Hold Hope, Be Light

CCF’s COVID-19 Response: Have Faith, Hold Hope, Be Light

Dear Friends,

We know this is an uncertain and unsettling time. It is understandable to be fearful and anxious. As Catholics, we know, too, that now, more than ever, we’re called to have faith, hold hope, and be light for others. We’d like for you to know the ways in which the Catholic Community Foundation of Minnesota (CCF) is doing just that in the midst of COVID-19 and its impact.

Read More

CD Interest Rates Are Low. Now What?

CD Interest Rates Are Low. Now What?

At one time, certificates of deposit (CDs) were a reliable high-yield savings vehicle. But after the Federal Reserve (the Fed) cut interest rates four times since July 2019, CD rates hover around just 2.00%. And there’s no indication the Fed will raise rates anytime soon. So if you’re considering opening or renewing a CD, what other options do you have […]

Read More

Investing and Grantmaking with a Catholic Heart

Investing and Grantmaking with a Catholic Heart

The Catholic Community Foundation of Minnesota (CCF) has a history of earning healthy returns on its investments — but high returns aren’t CCF’s only goal. Catholic values and a desire to achieve the greatest good are at the heart of every investment CCF makes and every grant check CCF writes…

Read More

2019 Assets and Grantmaking Snapshot

2019 Assets and Grantmaking Snapshot

Fiscal year 2019 was yet another year of growth for the Catholic Community Foundation of Minnesota (CCF). We opened 59 new funds, growing our assets under management to $378 million – a growth of $19.6 million. 

Read More

Letter From the President: Of One Heart

Letter From the President: Of One Heart

Dear Friends,

What is a community if it doesn’t hold beliefs in common and come together to act on those beliefs? Isn’t that what we celebrate at Mass? When our shepherd holds the host before our eyes and says, “The Body of Christ,” we affirm our belief with a simple “amen” — it is so. Then, we take and eat. We believe, and so we do

Read More

Important: Year-End Dates & Giving Guidelines

Thanks to you, the Catholic Community Foundation of Minnesota was able to grant nearly $17M to our community in the 2019 fiscal year. This is only possible with your support. We are so grateful to you. As we head into the holiday season and you consider your charitable giving for the end of this taxable year, please keep the following […]

Read More

Letter From the President: Taking Care of the Details

With the adventures of summer behind us, the fall season calls us back to routine — back to our plans. It’s comforting to have a plan. A plan removes the stress and anxiety of the unknown. It gives us a roadmap, and by following it, we trust we’ll achieve our goals.

In our more than 25 years of ministering to Catholics and their philanthropy, we’ve come to learn that there’s one goal everyone shares: giving well. But planning for this goal can sometimes feel overwhelming. We often hear people say, “There is so much need. How can I be sure my philanthropy is making a difference?”

Read More