United in Faith – Needy Parish/School Endowment


This endowment is established to be a source of last resort which will provide assistance to needy and struggling parishes and schools in The Diocese of Rockford so that they may address: Overwhelming debt; Necessary capital projects; and Tuition assistance. In the unlikely event that any of the ministerial needs outlined in this purpose statement cease to exist, or that funding for these needs becomes great enough that no additional funding is necessary, the Diocesan Finance Council and the Diocesan College of Consultors will make recommendations to the Bishop regarding the use of continued endowment earnings.