Q&A

• Q:

  What is the difference between CSA and the CCF Scholarship Program?

  A:

  The Christian Service Award is a scholarship that rewards those individuals who live a Christ-Centered life through their volunteerism within the community, whether it is at their local parish or another charitable organization. The CCF Scholarship Program is a needs-based tuition assistance scholarship that provides financial assistance to those families in need, based on the FAIR Application data. The CCF Scholarship Program is awarded by nomination only.

  • 7 months ago
• Q:

  Can I apply for both a Christian Service Award (CSA) and the CCF Scholarship Program (needs-based tuition assistance)?

  A:

  You can be a recipient of both scholarships. Both the CCF Scholarship Program (tuition assistance scholarship) and Christian Service Awards (CSA) are by nomination only.

  • 7 months ago
• Q:

  What is the difference between the Catholic Community Foundation (CCF) and Catholic Education Arizona (CEA)?

  A:

  Catholic Education Arizona scholarships are made possible through tax credits, which provides tuition assistance to those families in need. The Catholic Community Foundation grants scholarships through the generosity of individuals and organizations within the community. Currently, CCF offers three types of scholarships: CCF Scholarship Program (needs-based tuition assistance), Christian Service Awards (based on service), and special interest scholarships designated for particular student classifications based on the donor’s intent.

  • 7 months ago
• Q:

  What is the difference between the organizational funds: Catholic Savings Fund and Catholic Growth Fund?

  A:

  Both funds are treated like a checking or savings account. The difference between the two is how they are invested. A Catholic Growth Fund is a fund that is placed in a moderately aggressive portfolio that allows for growth compared but is subject to market fluctuations. A Catholic Savings Fund is invested in a much lower risk portfolio that eliminates the market's peaks and valleys, but CCF guarantees a set annualized return rate. If you would like to learn more about which fund best suits your organization, please contact the Catholic Community Foundation at 480-651-8800.

  • 7 months ago
• Q:

  What is a Catholic Savings Fund?

  A:

  A Catholic Savings Fund is essentially a savings fund for organizations. It provides a flexible short-term investment option that is superior to a bank savings account, CD, or stocks and bonds. Your organization gets a competitive interest rate with immediate access to your funds should your investment criteria change — and with no market fluctuations. The principal and the interest earned of the fund are also protected by the assets of CCF, providing a no-risk investment option for your organization.

  • 7 months ago
• Q:

  What if I'm not Catholic?

  A:

  No matter your religious affiliation, CCF can help you fulfill your financial and philanthropic goals as long as they are not contrary to the teachings of the Catholic Faith.

  • 7 months ago
• Q:

  What is a Donor Advised Fund?

  A:

  A Donor Advised Fund (DAF) is an individual charitable giving vehicle established with a minimum $10,000 gift to CCF for any general or specific purpose; grants are awarded by the Fund Adviser (individual donor) whenever they feel the desire to give. A DAF is a popular giving vehicle because it simplifies your charitable giving with one tax receipt but still provides continued support to the causes you love. If you would like to learn more about our Donor Advised Fund options, please contact CCF at 480-651-8800.

  • 7 months ago
• Q:

  What is a Planned Gift?

  A:

  A planned gift is a contribution that is arranged in the present and allocated at a future date. A planned gift has no immediate financial impact on the donor but can provide significant support to the named beneficiary at the time of payout. Commonly donated through a will or trust, retirement plan, or even life insurance policy, planned gifts are most often granted once the donor has passed. A donor can name their parish, Catholic school, favorite nonprofit, or even CCF as a full or partial beneficiary of their estate. Planned gifts are an excellent option for those who are unable to provide support in the present but would like to make an everlasting impact on the organizations they love after they pass.

  • 7 months ago
• Q:

  What is the Giving Circle?

  A:

  The Giving Circle is a unique and innovative program inspired by a new generation of donors. Each member is an active participant in the community grant-making process. In late winter, organizations are invited to pitch their need to Giving Circle members at an event called Pitch Day. Each member is asked to cast their vote on the causes that speak to them most. Votes are tallied and grant winners are announced. Throughout the year, members have an opportunity to connect with grant recipients during check granting day and site visits. The CCF Giving Circle is the ONLY Catholic giving circle in Arizona! Please visit here to learn more.

  • 7 months ago
• Q:

  What are the Forever Funds?

  A:

  The Forever Funds are a collection of endowments that create an everlasting impact that supports organizations that promote the mission of the Catholic Church. The Life Forever Fund aids those organizations that protect life from conception through natural death. The Education Forever Fund provides tuition assistance scholarships towards Catholic Education for the families most in need. The Community Forever Fund supports the infrastructure needs of Parishes, Schools, and nonprofits through grants. The Care Forever Fund supports frontline organizations that provide for those who are most vulnerable.

  • 7 months ago