Lafourche booking log – Sept. 27
September 28, 2017
Night Out Against Crime events this Tuesday
September 28, 2017
The Catholic Foundation of South Louisiana Board of Directors recently made their first-ever distributions from established endowments within the foundation.
Throughout the past several years through the diocesan capital campaign, several general endowments and named endowed funds were established for entities within the Diocese of Houma-Thibodaux. These include seminarian education, Catholic Charities of the Diocese of Houma-Thibodaux, Vandebilt Catholic High and Our Lady of Prompt Succor in Chackbay.
The endowments have been managed by the Catholic Foundation with intention to make an annual distribution to each beneficiary.
Members of the board, along with Amy Ponson, the foundation’s executive director, gifted more than $43,000 to Catholic charaties, $5,733 to Vandebilt and $1,073 to OLPS, based on their collective endowments.
“Our foundation is excited to have the opportunity to make its first distributions to the diocesan entities that currently have endowments established with us,” said James J. Buquet III, the vice chairman of the board of directors. “It is our hope that as we continue to develop the foundation, more schools, church parishes and ministries will have donors interested in creating their legacy and establishing endowments for diocesan entities.”
