Giving Tuesday - Faustino Bernadett, Supporter of Catholic Community Foundation Los Angeles
Updated: Jan 19, 2022
In honor of GivingTuesday, one of the organizations Faustino Bernadett is proud to support with a $50,000 donation is the Catholic Community Foundation Los Angeles.
The Catholic Community Foundation has funds that impact organizations, people, and ministries of the church. Each fund was established with clear intent to provide dignity of life for all, eliminate poverty, and remove the barriers that divide people in favor of service to our neighbors in the spirit of Christ. These are causes that Faustino Bernadett and his wife, Martha focus their philanthropy on.
The Catholic Community Foundation of Los Angeles combines over a half century of philanthropic endeavors, trusts, and money-management operations that have faithfully served the Catholic community in the Archdiocese of Los Angeles. Incorporated in April 2014 and filed for charitable status in November 2014, a team of highly respected financial and legal minds came together to form the Founders Board. Several entities heard about this effort and offered to move their financial assets to the new foundation, providing an initial funding of $200 million and creating one of the largest Catholic community foundations in the United States.
CCF-LA works with a group of investment managers and an adviser who are experienced in investing nonprofit assets. To manage their gift instruments, they partner with Stellar Technology Solutions, a leading provider of integrated enterprise-level philanthropic management solutions for charitable organizations. Its software solutions are used by more than 120 of the largest philanthropic, donor-advised fund, charitable endowment, and participant accounting programs in North America. These carefully selected providers ensure that their staff can offer the highest levels of customer service and support to their donors and those they serve.
To learn more about this worthwhile organization, visit their website at the link above.