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12/17/2007-------

FOUNDATION WELCOMES TWO NEW FUNDS TO THE CATHOLIC LEGACY FUND

Filipino-American Fund
This past December, a dedicated group of Filipino-Americans were involved in organizing the fifth-annual “Simbang Gabi”. Literally translated at “Evening Mass”, the traditional Filipino Simbang Gabi is a nine-day novena to the Blessed Mother. The novena begins December 16 as early as four in the morning and culminates with the “Misa de Gallo” on Christmas Eve to welcome the birth of our Savior Jesus Christ.

Over the last four years, proceeds from the event have gone to support priest retirement. This year, the organizers decided to do something different: place the proceeds from the event and donations from individuals, including a generous matching donation from an anonymous donor, into the newly created “Filipino-American Endowment Fund”.

Part of the Foundation’s Catholic Legacy Fund, the Filipino-American Endowment Fund establishes a legacy to the Filipino heritage in our diocese and ensures gifts to priest retirement and other entities in perpetuity. The Diocese Foundation extends its sincere thanks to the Simbang Gabi Committee and the founding donors to the Filipino-American Endowment Fund, for their commitment and generosity.

LQVQ Fund
Ten years ago, when Cathedral High School alumni Danny Gutierrez lay passing to eternal life surrounded by six of his 1958 classmates, he whispered to them “cuiden a los que van quedando (take care of those who are left)”. A driving force promoting Cathedral events for alumni to support, Danny inspired the formation of a brotherhood of Cathedral alumni named Cathedral Alumni and Associates Los Que Van Quedando (LQVQ). This brotherhood started with the class of 1958 and emerged into a non-profit, tax exempt corporation involved in charitable, educational, religious and fund raising activities.

LQVQ sponsors benefit activities such as The Irish Open golf tournament, the annual Tamalada and the LQVQ/Lightbourn Family Spring Raffle. Proceeds from these events support financial aid scholarships and special needs of Cathedral High. This year, LQVQ donated over $25,000 in scholarships.

In December 2007, LQVQ took their fund raising efforts one step farther by creating the LQVQ Fund in the Foundation’s Catholic Legacy Fund for scholarships for Cathedral High School. With an initial gift of $25,000, LQVQ’s goal is to raise $1,000,000 for this permanent endowment. Earnings from the LQVQ Fund will be distributed every year specifically for scholarships for needy CHS students.

For more information about LQVQ, log-on to www.catebrotherhood.com. To make a donation to the LQVQ Fund or Filipino-American Endowment Fund, contact the Diocese Foundation at (915) 872-8412.