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- Sharing the Light
- Stewards for Tomorrow/Archdiocese of Detroit Endowment Foundation
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Sharing the Light
Do any parishes or schools invest their funds in the archdiocesan Endowment?
Many parishes, schools and other Catholic organizations have established their own funds within the archdiocesan Endowment, in order to take advantage of the Archdiocese's larger investment pool and professional fund management.
As of the Endowment’s most recent audited financial report (June 30, 2019), 77 parishes, schools and organizations had funds in the archdiocesan Endowment. The value of these special funds was more than $68.7 million, which is part of the endowment's $153.2 million total asset value.