Catholic Foundation Awards more than $100,000 in Grants to Diocese, Parishes, School and Catholic Organizations
Thanks to the generosity of its donors and to favorable earnings on its investment portfolio, the Catholic Foundation of the South Plains awarded $103,175 in grants throughout the Diocese of Lubbock to parishes, Catholic schools and organizations. This included an annual diocesan discretionary grant of $85,000 to the Diocese of Lubbock.
$5,000 to Holy Cross, Post for a new sound system
$5,000 to St. Michaels, Ralls for electrical renovation
$2,975 to Rachel’s Vineyard to provide scholarships for English and Spanish retreats
$2,300 to Sacred Heart, Plains for a commercial printer in the CCE
$1500 to St. Isidore, Abernathy to update the sound system
$900 to San Ramon, Woodrow to update the electrical panel in the parish hall
$500 to St. Philip Neri, Pep for a computer and software
“The mission of the Catholic Foundation is to leave a lasting legacy in areas with the most need. This year the Foundation was dedicated to meeting needs in each of the four deaneries of the Diocese of Lubbock.” said Rachel Martinez, former Managing Director. “Without our generous membership and those who have left their legacy with the Catholic Foundation, none of this would be possible.”
The Catholic Foundation is a separately incorporated non-profit organization that exists solely to support the parishes, schools and Catholic organizations within the 25-county Diocese of Lubbock. Its focus is to continue to build its assets – currently at $3.0 million – through planned gifts such as named funds, estate bequests, annuities, life insurance, and investment portfolios to create earnings for the long term support of diocesan ministries, Catholic parishes, schools and organizations.
The Roman Catholic Diocese of Lubbock encompasses 25 counties and a self-identified Catholic population of 136,894. The diocese includes 61 parishes, one elementary school, one middle school, one high school, one Catholic health care system and a social service agency, Catholic Charities of the Diocese of Lubbock, Inc.
More information about establishing an endowment fund to benefit a parish, school, organization or ministry through the Catholic Foundation is available at www.catholicfoundationlubbock.org or by contacting Managing Director Tricia Vowels at 806-777-2089 or [email protected]