PROFESSIONAL INVESTMENT MANAGEMENT
The officers and directors of the Lafayette Diocesan Foundation, Inc., acutely aware of their fiduciary responsibility, have elected to use the same investment managers chosen by the Diocesan Finance Council to manage diocesan assets.
These managers were selected after an exhaustive screening process and have committed to manage investments in compliance with a comprehensive Investment Policy approved by both the Diocesan Finance Council and the Foundation Board.
The investment managers must adhere to diocesan social responsibility guidelines. They have as their primary objective the preservation of capital with an emphasis on its consistent long-term growth, without undue exposure to risk.
A secondary focus is to be placed on income generation to assist in providing for the Funds’ distributions. These objectives are to be accomplished utilizing a strategy of equities, fixed income and cash equivalents in a mix which is conducive to participation in rising markets while allowing for protection in falling markets.
The Diocesan Office of Administration provided $59,202 in gift-in-kind services during 2023.
INVESTMENT PERFORMANCE
GIFTS AND GRANTS
$607,183 $373,042 $794,727 $822,462 $649,906
$840,445
$775,242
$963,383
$969,810
$1,073,544
$1,118,750
$1,658,181
$1,075,108
$1,381,760
$397,565
2019
2020
2021
2022
2023
