Our Statement of Purpose:
This Foundation is organized to promote the strength and vitality of the local Roman Catholic Church by seeking special project funding and long-term endowments for ministries of Word, Worship, Education and Service. The foundation shall be operated exclusively for religious, charitable, and educational purposes, and shall be subject to and operated in conformance with the rules, regulations, and standards established and permitted under Sections 170(c)(2) and 501(c)(3) of the Internal Revenue Code of 1986, as amended. Within the framework and limitations of the foregoing, this Foundation is organized and shall be operated: (1) to receive any real property, tangible or intangible personal property, including money by gift, grant, devise, or bequest from any individual, foundation, or corporation or other entity, either private or public, or governmental instrumentality, in order to support financially the spiritual, educational, and social needs of the local Roman Catholic community especially the Roman Catholic community within the Diocese of Gaylord; and (2) to provide responsible and effective fundraising, financial management, stewardship, and use of resources with due regard to the teachings of the Roman Catholic faith. In performance of such activities, the Foundation may act directly or by providing funds or grants to other exempt organizations which are not private foundations.
