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By making
a deferred gift to the Diocese of Charleston, you make an effort to secure
the future for the many works and ministries though out the diocese. Through
your planned gift, you can specify exactly how you would like your money
spent and/or to what specific ministry within the Diocese of Charleston you
would like to support.
All funds and endowments of the Diocese of Charleston are managed by a team of professional money managers. The progress and status of diocesan funds and endowments are also reviewed quarterly by the diocesan Investment Committee. The Investment Committee is a body of lay community leaders appointed by the diocesan Bishop, to oversee the investments of the Diocese of Charleston. The costs of administering the monies placed in a diocesan endowment are less than 1%, which is highly competitive with other investment options. The Diocese of Charleston has established funds for specific concerns within the diocese. The following is a brief list and description of what funds currently exist: Seminarian Fund Providing for the spiritual, academic and theological formation of our future priests is of paramount importance. All Catholics hold a stake in ensuring that there are well-trained priests to serve this and future generations of the faithful. The Seminarian Fund assists men in their journey toward a lifetime of service and sacramental ministry. Catholic Charities Fund Catholic Charities of the Diocese of Charleston strives to continue the ministry of Jesus by providing quality service for people in need, advocating for justice, and calling the entire Church and all people to do the same.Catholic Charities works to accomplish its goals through the provision of direct services, consultation, education and advocacy.
Diocesan Education/Scholarship Endowment The primary goal is to provide tuition assistance to those families with the greatest need unless otherwise designated by the donor. This fund also can provide direct funding to schools to enhance instructional programs, support curriculum needs and assist with basic operational expenses - all ways to assist the students in their educational experience. Priest Retirement Fund This fund pays a monthly retirement benefit to support all retired clergy of the diocese. Priest Assistance Fund This fund provides for the care of our clergy. Any priest who has a financial need he cannot meet may seek asssitance from this fund. The fund has been able to help with healthcare costs, insurance premiums, housing and other expenses. Designated Parish/School Endowment Each parish/school of the Diocese of Charleston has the opportunity to begin an endowment fund. Your deferred gift can be placed in the parish/school fund of your choice.
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