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KOFC Charitable Funds Grants Reach $100 Million

Posted on August 02, 2024 in: General News

KOFC Charitable Funds Grants Reach $100 Million

FOR IMMEDIATE RELEASE

June 25, 2024

Contact: communicationsdept@kofc.org

 

Knights of Columbus Charitable Fund Announces $100 Million in Grants

Investments and grants are consistent with the values and teachings of the Catholic Church

New Haven, Conn. — Knights of Columbus Charitable Fund (KCCF) announced today that it has crossed a significant milestone by surpassing charitable grants of more than $100 million made to Catholic and charitable organizations since its launch in 2019.

 

“Reaching $100 million in granting is a dream realized,” said Dennis Gerber, President of Knights of Columbus Charitable Fund. “And for KCCF to achieve this charitable impact in just five years is very encouraging for our work going forward. While this is an outstanding milestone, we believe it is just the first of many in our work of building a powerful new engine for supporting the Church and our communities.”

 

KCCF has grown to become a prominent national donor-advised fund created by Catholics, for Catholics. Today, KCCF has more than $120 million in total assets under management and has distributed over 11,000 grants to more than 2,000 organizations across North America, Europe, and Asia. With KCCF’s donor-advised fund, donors can be assured that their investments and charitable grants are consistent with the values and teachings of the Catholic Church.

 

This important milestone is the result of generous donors who have leveraged the advantages of KCCF’s donor-advised fund program to make a greater impact to an array of causes, including higher education, evangelization, religious formation, and pro-life apostolates.

 

“Saint Paul’s admonition to be ‘a cheerful giver’ is a driving force behind what we do with KCCF,” Gerber said. “Our goal is to help provide the tools to inspire Catholics to give more generously and have a larger impact on organizations that are doing great work.”

 

Those interested in learning more about KCCF are invited to visit www.knightscharitable.org.

 

About Knights of Columbus Charitable Fund

 

Knights of Columbus Charitable Fund (KCCF) inspires Catholics and empowers Catholic organizations. Through a sophisticated approach that utilizes a donor-advised fund program and other charitable planning tools, individuals, organizations, and Knights of Columbus councils are able to increase the impact of their generosity. With investment options provided by Knights of Columbus Asset Advisors (KoCAA), our investment platform is faithfully managed in accordance with the Catholic faith and our proprietary due diligence process prevents grants from supporting any organization that violates Catholic teaching.

 

KCCF is an independent, nonprofit, public charity with a donor-advised fund program. Various entities affiliated with KofC provide certain investment management and administrative services to KCCF. KoCAA serves as the investment manager of KCCF, and the assets are invested in investment funds managed by KoCAA. The value of an invested donation will fluctuate over time and may gain or lose money. For additional information visit knightscharitable.org.


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