St. John The Baptist - Somonauk

St. John The Baptist - Somonauk

Parish Endowment Fund

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Description

Parish Endowment donations are deposited in the Catholic Foundation, a Diocese side program that utilizes the investment power of over 100 parishes and organizations to obtain the most favorable return rates. Donations (referred to as Corpus) become a lifetime investment that cannot be withdrawn for use. The earnings (Retained Earnings) are available for use by the parish.