1. What is The Catholic Community Foundation of the Diocese of Salina?
The Catholic Community Foundation of the Diocese of Salina is a collection of funds designed to link donors and the ministries of the Diocese of Salina. The Foundation serves all 31 counties of the Diocese and the Catholic institutions that work in them.
2. What is a "community foundation"?
It is a pool of endowment funds for long-term support of charitable causes in and around one or more local communities, this case the parishes and ministries of the Diocese of Salina. The Catholic Community Foundation is managed by a 12-member board of volunteer directors drawn from the diocese and headed by the Bishop. The Catholic Community Foundation is an affiliate of the Greater Salina Community Foundation.
3. Isn't the United Way a community foundation?
The United Way is geared toward short-term giving, whereas a community foundation, by design, is geared toward long-term giving. Also, the United Way operates from an annually re-generated asset base, whereas a community foundation operates from an endowed, permanent asset base. An editorial in the Hutchinson News gives perhaps the best characterization of this difference – "Where the United Way fund operates as a community's checking account, the foundation acts as a community's savings account."
4. Won't a community foundation hurt the diocese's local parish giving?
A community foundation is not a place to give money, but rather a way to give money. It does not compete with or detract from other charities; on the contrary, it nurtures and enhances them. A community foundation has no programs of its own, and for that reason is often called a "conduit charity" or a "pass-through charity." In fact, a community foundation is so beneficial that existing parishes and ministries will often use it as their own endowment arm. Some local parishes have done just that. See the Current Fund List page for examples.