The purpose of this initiative is to help ensure that dioceses will be able to grow their long-term financial capacity to fund the increasing cost of seminarian education.
The Seminarian Endowment Challenge offers matching funds to dioceses for new or increased dollars they raise toward seminarian education endowments. Catholic Extension may offer up to $50,000 based on predetermined matching ratios set with each participant diocese. Dioceses are given one year to meet the fundraising goal that they establish with Catholic Extension at the beginning of the Challenge.
This initiative is designed to give dioceses an opportunity to grow their long-term funding resources for seminarians. The Challenge also serves as a fundraising stimulus for dioceses by enabling them to leverage this match in order to attract new or increased major gifts from donors in support of seminarian education.
Duration: 1 year
Value to Participating Diocese: $50,000 (on a matching basis)
Read and review the Program Guidelines
The next round of applications for the Seminarian Endowment Challenge will open in October 2014.
For More Information
Contact Rob Anderson, Director of Mission, at 312.795.6095 or firstname.lastname@example.org.
2014 Participating Dioceses:
- Oklahoma City
- Archdiocese for the Military Services, USA