The Catholic Legacy Fund is the Foundation's endowment program. Your permanently endowed fund is forever. When you leave a charitable gift in your will to permanently endow a fund, you are guaranteed that your fund will exist in perpetuity, your fund will make gifts annually, your fund will, on average, grow every year. And, we’ll never spend a penny of the principal.
An endowment is a permanent source of funding for a designated cause. The Foundation currently manages 98 separate funds for parishes, schools, ministries and charities in the Diocese of El Paso. Only interest from the fund is spent, to assure the original gift will grow over time. You can give to your favorite charity, ministry, parish or school and know that your donations will only ever be used for the causes you cherish most. You can also establish a new fund for something you're passionate about as well as Named Funds in honor or in memory of loved ones. Learn more about endowment.