The Foundation for the Diocese of El Paso was established in 2001 to support the growing needs of our Catholic community.
The Foundation is governed by a volunteer Board of Directors from El Paso and West Texas who have a diverse background of knowledge and skills. The Foundation Board serves as the guardians of the organization’s annual operating budget and endowment funds.
Each year, the Foundation holds a different Stewardship event. Past events have included Stewardship Days, Stewardship Workshops and Stewardship Classes held through Tepeyac’s Summer Institute.
The purpose of the annual Foundation of Faith Dinner is to bring a renowned speaker to El Paso, to bring people from all areas of our community together, to raise gifts for endowment and non-endowment needs for diocesan charities, ministries, parishes and schools, and to disseminate the Stewardship message of “Pray, Serve, Give.”
Donors may create Named Funds with a gift or pledge to endowment of $10,000 or more over a five-year period. Named Funds benefit the parish, school, or ministry of the donor’s choice. Donors establishing a Named Fund in the Foundation are members of the Bishop’s Legacy Circle. Today, the foundation manages more than 160 Named Funds.
The Foundation for the Diocese of El Paso received a record gift of $2.9 million from Clara and Michael M. Miles for Catholic high school scholarship funds.
With a 4% distribution from endowment assets to designated beneficiaries each year, the Foundation is demonstrating how endowments make a difference.
The Seminarian Education Endowment Fund ensures that continuous resources are available for the recruitment and education of college and theology-level seminarians who are the future spiritual leaders of the Diocese.
The Catholic Legacy Fund is the Foundation’s permanent endowment fund program that exists to support the annual and long-term needs of the churches, schools and ministries of the Diocese of El Paso. Our goal is to build the Catholic Legacy Fund to $25 million.
The Progress Annual Appeal is the Bishop’s Appeal to nurture the spiritual growth of our Catholic community by raising funds for the annual support of 17 diocesan ministries. Our goal is to increase the Progress Appeal to $2.3 million
In honor of Monsignor Smith’s service to St. Raphael Parish and School for 29 years, a scholarship fund for St. Raphael School was established in his name to help preserve St. Raphael’s mission well into the future. The Reverend Monsignor Francis J. Smith Scholarship Fund for St. Raphael School will provide scholarships for young students who could not otherwise afford to attend St. Raphael Catholic School.
The St. Patrick Cathedral Historic Preservation Fund was established to provide for the future care of the Cathedral. Donations to this fund are a great gift to our community and will ensure that all families within our diocese are able to enjoy the beauty and sanctity of our Cathedral Church now and for years to come.
Most Reverend Mark J. Seitz, D.D., Bishop of El Paso, announced the establishment of the Soñador Scholarship Fund for deserving students and migrant students to attend El Paso's Catholic schools at a press conference and unveiling of his Pastoral Letter on Migration to the People of God in the Diocese of El Paso at Sacred Heart Church on July 18, 2017. The fund was established with a gift of $20,000.
The Seminarian Education Endowment Fund ensures that continuous resources are available for the recruitment and education of college and theology-level seminarians who are the future spiritual leaders of the Diocese. The Seminarian Education Endowment Fund has a fund value of $2 million and our short-term goal is to grow the fund to $5 million to generate a $200,000 annual distribution for seminarian education.
The Catholic Legacy Fund is the Foundation’s permanent endowment fund program. The Foundation uses endowment funds to support the long-term needs of our diocese. In 2018, distributions from endowed funds totaling $524,807 went to charities, ministries, parishes and schools throughout the Diocese of El Paso. Our goal is to build the Catholic Legacy Fund to $25 million.