Discusses the importance of the Foundation of the Roman Catholic Diocese of Raleigh
Bishop Luis
Rafael Zarama
Foundation Beginnings
In August 2018, Bishop Luis Zarama established THE FOUNDATION of the Roman Catholic Diocese of Raleigh, Inc. in order to more efficiently manage the temporal works of the Church. A volunteer lay Board of Directors has been meeting and organizing since that time to ensure proper fiscal and administrative management.
The Foundation serves all ministries of the Diocese of Raleigh which is comprised of 54 eastern counties of North Carolina covering 32,000 square miles.
The Foundation of the Diocese of Raleigh manages over $65 million in assets representing more than 125 endowment funds, and adheres to socially responsible investment guidelines of the United States Council of Catholic Bishops (USCCB).
The Foundation has achieved a Gold Star Seal of Transparency with GuideStar, the world’s largest source of information on nonprofit organization transparency.
Building Endowments and Perpetual Gifts for All Diocese of Raleigh Ministries
Parishes and Schools | Family Life | Food for the Hungry
Shelter for the Homeless | Seminarian Formation | Special Needs Ministries
Respect Life | Youth & Young Adult Ministries
$69,940,423
Total Assets Under Management as of 12/31/2020
$3,353,030
Total Grants Awarded to Date
53
Total # of Beneficiary Organizations
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