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St. Catherine of Siena Parish
Farmingdale, New Jersey

FTMM Update-2016-04-17

To all of the good people and friends of St. Catherine of Siena Parish,

As many of you may have heard, a major endowment campaign is currently underway at St. Catherine of Siena Parish and throughout the Diocese of Trenton. Last week, we shared how the endowments from this campaign will be overseen and why their purpose is separate from the Annual Catholic Appeal. Over the next few weeks, we will continue sharing answers to questions that we have been hearing from our parishioners:

How do I know that my pledge to this campaign will go to the 
needs outlined in the case for support?

Charitable trusts will be established and managed by a Board of Trustees to segregate the funds and ensure that the earnings from the trusts are used only for the purposes outlined in the Diocesan case for support. The Boards, composed of clergy and lay leaders, will also oversee the professional fund management firm charged with investing these funds. Each trust will be subject to an annual audit, and the investment strategy will be in conformance with guidelines recommended by the U.S. Conference of Catholic Bishops.

When do I need to start paying my pledge?

Whenever you would like! I know that this is a busy time of year and that it can also be a time of spending for many of you. That is why we are asking for pledges that can be made over 3-5 years and you can choose any start date that you would like to begin fulfilling your pledge during that time. All gifts to the campaign are tax-deductible and can be made through a credit card, debit card, automatic withdrawal from a checking or savings account, or through stock and other non-cash gifts. Please also remember that a pledge card is not a legally binding document!

Over the next two months, everyone in the St. Catherine of Siena community will be invited to participate in the Faith to Move Mountains Campaign. It is my hope that during this time, our entire community will join together and support this blessed effort for our Diocese and our Parish. I encourage those who have been contacted or met with to prayerfully reflect over your commitment and allow the Spirit to guide you. As we continue our efforts, I ask all of you to pray for our success and participate to what your means allow for the future of our Church.

Thank you for your continued prayers and support!

God bless,
Father Angelito

 


© 2018 Saint Catherine's - 31 Asbury Road, Farmingdale, New Jersey 07727 | phone: 732-938-5375 | fax: 732-938-3260
Religious Education 732-938-6229



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