THE CATHOLIC FOUNDATION OF MICHIGAN INSPIRES PHILANTHROPY AND UNITES CATHOLICS IN CHARITABLE GIVING IN LINE WITH THEIR FAITH. WE ASSIST DONORS IN PROVIDING FOR THE LONG-TERM NEEDS OF THE MINISTRIES OF MICHIGAN BY PROVIDING SOCIALLY/MORALLY RESPONSIBLE CHARITABLE TOOLS SUCH AS DONOR ADVISED FUNDS, SCHOLARSHIPS, AND ENDOWMENTS TO BENEFIT PARISHES, SCHOOLS, AND NONPROFITS TO BUILD A SUSTAINABLE PHILANTHROPIC PLAN IN LINE WITH CATHOLIC TEACHINGS. IN 2023, 16 NEW FUNDS WERE ESTABLISHED TO PROVIDE BENEFIT TO THE COMMUNITY. AT THE CLOSE OF YEAR, 242 NON PROFITS BENEFITED FROM COMPETITIVE AND DONOR DIRECTED GRANTS IN ADDITION TO ENDOWMENT DISTRIBUTIONS TOTALING $4,993,826.