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 $59,190 in gift-in-kind services during 2024.
INVESTMENT PERFORMANCE
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 $59,190 in gift-in-kind services during 2024.
15.9%
'20
14.3%
'21
'22
-18.4%
18.9%
'23
$15.0%
'24
GIFTS AND GRANTS
'20
'21
'22
'23
'24
2020
2021
2022
2023
2024
Total Funds Received
Total Funds
Received
$1,658,181
$1,075,108
$1,381,760
$397,565
$2,317,805
New Grants Approved
New Grants
Approved
$775,242
$963,383
$969,810
$1,073,544
$1,129,938
Grants Paid
$373,042 $794,727 $822,462 $649,906
$794,432
The Diocesan Teacher Day was recently held at Our Lady of Mt. Carmel on September 20. Educators and administrators throughout the diocese gathered for a day of learning, fellowship, faith formation and Mass with Bishop Timothy Doherty. (Photo by Simple Heart Photography, Rachel Meier)
The Diocesan Teacher Day was recently held at Our Lady of Mt. Carmel on September 20. Educators and administrators throughout the diocese gathered for a day of learning, fellowship, faith formation and Mass with Bishop Timothy Doherty. (Photo by Simple Heart Photography, Rachel Meier)
INVESTMENT PERFORMANCE
NAVIGATE
PROFESSIONAL INVESTMENT MANAGEMENT
Sowing Seeds For Future Generations
The Lafayette Diocesan Foundation, Inc. 2024 Annual Report