The Catholic Foundation of Manitoba
Overview
The Catholic Foundation of Manitoba is a not-for-profit registered charity located in Manitoba, Canada. It was established in 1964 by an act of the Legislative Assembly of Manitoba, with the support of the province's Roman Catholic hierarchy. The foundation operates under the business registration number 119220564RR0001.
Mission and Activities
The primary mandate of the Catholic Foundation of Manitoba is to provide opportunities for individuals and organizations to establish permanent endowments. These endowments fund groups and organizations involved in charitable and other works within the Catholic tradition. The foundation supports various causes, including education, religious activities, cultural programs, health services, and social initiatives that strengthen both the Catholic and broader communities across Manitoba.
Financial Operations
The foundation manages capital funds that exceed $3.25 million, with donations permanently invested. Only the investment income from these funds is distributed through grants, ensuring that the capital asset base remains intact. Since its inception, the foundation has distributed over $1.5 million in grants to support its mission.
Impact
By creating and supporting endowments, the Catholic Foundation of Manitoba helps donors leave a lasting legacy in Manitoba. It fosters Catholic values and promotes community development throughout the province. The foundation's work aligns with its mission to enhance the well-being of communities through charitable and religious initiatives.
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