The CARES Act and Charitable Giving

The CARES Act and Charitable Giving

You’ve likely heard about the CARES Act — Coronavirus Aid, Relief, and Economic Security Act — passed into law in March 2020. It’s the largest economic relief bill in U.S. history and includes a variety of provisions to help individuals, families, and small businesses obtain economic relief. A couple of those provisions impact charitable giving. Just how depends on whether you itemize your deductions or not.

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Catholic Spirit: Nine Catholic schools serving low-income families to receive renewed support

Catholic Spirit: Nine Catholic schools serving low-income families to receive renewed support

Nine Catholic elementary schools serving low-income families in seven cities in the Archdiocese of St. Paul and Minneapolis can expect a renewed commitment of support from organizations that can help, said Jason Slattery, the archdiocese’s director of Catholic education. GHR Foundation, Aim Higher Foundation and the Catholic Community Foundation of Minnesota “are among the main foundations and community partners that have stepped forward to provide renewed support for these schools based on their eligibility for this initiative,” Slattery said.

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The CARES Act, Charitable Giving, and an Opportunity to Double Your Impact

The CARES Act, Charitable Giving, and an Opportunity to Double Your Impact

You’ve likely heard about the CARES Act — Coronavirus Aid, Relief, and Economic Security Act — passed into law in March 2020. It’s the largest economic relief bill in U.S. history and includes a variety of provisions to help individuals, families, and small businesses obtain economic relief. A couple of those provisions impact charitable giving. Just how depends on whether you itemize your deductions or not.

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Your Gift DOUBLES This Week

Your Gift DOUBLES This Week

We launched the Minnesota Catholic Relief Fund (MCRF) on MAR. 19 to contribute to operational stability for Catholic parishes and schools during this time of disruption.

As of SAT. APR. 18, together we’ve raised $877,013, and we anticipate making the first round of grant distributions next week. But there remains great and urgent need.

And this week, your gift DOUBLES!

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Introducing the Minnesota Catholic Relief Fund

Your Gift DOUBLES This Week

Dear Friends,

In response to this crisis, and in partnership with Archbishop Hebda, the Catholic Community Foundation of Minnesota (CCF) has created a fund to inspire community generosity and collaboration to provide urgent financial relief and stabilization to parishes and Catholic schools experiencing grave financial distress.

The result is the Minnesota Catholic Relief Fund (MCRF) — a coordinated community-wide philanthropic response to COVID-19.

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CCF’s COVID-19 Response: Have Faith, Hold Hope, Be Light

CCF’s COVID-19 Response: Have Faith, Hold Hope, Be Light

Dear Friends,

We know this is an uncertain and unsettling time. It is understandable to be fearful and anxious. As Catholics, we know, too, that now, more than ever, we’re called to have faith, hold hope, and be light for others. We’d like for you to know the ways in which the Catholic Community Foundation of Minnesota (CCF) is doing just that in the midst of COVID-19 and its impact.

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CD Interest Rates Are Low. Now What?

CD Interest Rates Are Low. Now What?

At one time, certificates of deposit (CDs) were a reliable high-yield savings vehicle. But after the Federal Reserve (the Fed) cut interest rates four times since July 2019, CD rates hover around just 2.00%. And there’s no indication the Fed will raise rates anytime soon. So if you’re considering opening or renewing a CD, what other options do you have […]

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Investing and Grantmaking with a Catholic Heart

Investing and Grantmaking with a Catholic Heart

The Catholic Community Foundation of Minnesota (CCF) has a history of earning healthy returns on its investments — but high returns aren’t CCF’s only goal. Catholic values and a desire to achieve the greatest good are at the heart of every investment CCF makes and every grant check CCF writes…

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2019 Assets and Grantmaking Snapshot

2019 Assets and Grantmaking Snapshot

Fiscal year 2019 was yet another year of growth for the Catholic Community Foundation of Minnesota (CCF). We opened 59 new funds, growing our assets under management to $378 million – a growth of $19.6 million. 

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Letter From the President: Of One Heart

Letter From the President: Of One Heart

Dear Friends,

What is a community if it doesn’t hold beliefs in common and come together to act on those beliefs? Isn’t that what we celebrate at Mass? When our shepherd holds the host before our eyes and says, “The Body of Christ,” we affirm our belief with a simple “amen” — it is so. Then, we take and eat. We believe, and so we do

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