What is the Archdiocesan Operations General Fund and how has it performed?

The General Fund (Loan Deposit Program) represents longer term assets invested for Archdiocesan Operations. The General Fund compliments the cash reserves held for operating purposes in commercial bank accounts primarily on behalf of parishes and schools.

The General Fund is invested in the financial markets to generate revenue commensurate with the goals and objectives of that fund. Proceeds from these investments are for the specific purposes established for that fund.

Investment Account

Balance
June 30, 2015

Balance
June 30, 2016

Balance
June 30, 2017

Balance
June 30, 2018

Balance
June 30, 2019

General Fund

$108.0 million

$118.6 million

$133.0 million

$152.8 million

$151.8 million