Coronavirus FAQ for Catholic School Principals
Development - Mission Advancement
Ecumenical and Interfaith Relations
Marriage & Family
Natural Family Planning
Parish Care and Sustainability
Prayer and Intercession Teams
Sharing the Light
- Archdiocesan Finances
- Catholic Charities of Southeast Michigan
- Catholic Cemeteries
- Catholic Foundation of Michigan
- Catholic Services Appeal
- Changing Lives Together
- Clergy Sexual Abuse
- John Paul II Center
- Loan Deposit Program
- Mooney Real Estate Holding Company and Parish Incorporations
- Parish Finances
- Parishioner Data Management and Privacy
- Priests' Pension Plan
- Protecting God's Children
- Stewards for Tomorrow/Archdiocese of Detroit Endowment Foundation
- St. John's Plymouth
- Synod 16
- Unleash the Gospel
- Compartiendo la Luz
How does the Archdiocese of Detroit Endowment Foundation work?
Principal from the Endowment is invested in a diverse portfolio of assets; these investments then produce an annual return. Through a formula specified during the Stewards for Tomorrow campaign, specific programs and services receive an annual distribution from these investment returns.
The Endowment’s policy is to annually distribute 4 percent of the fund’s three-year average principal balance. In other words, the Endowment averages the principal balance for the three preceding fiscal years and distributes 4 percent of that average amount to specified programs and services. In extraordinary circumstances, an additional distribution may be made.
In most years, a portion of the annual investment returns has been reinvested in the principal, to ensure that the Endowment continues to grow. In the 2018-2019 fiscal year, Endowment investments earned a 9.01 percent return.