Financials

Financial Report as of June 30, 2018

As of June 30, 2018, the Catholic Foundation of Rhode Island manages $103,069,747 in assets as compared to $95,533,027 for June 30, 2017. That is a net change of $7,536,720.

Approximately $4.2 million of income was distributed directly to designated beneficiaries in F/Y 2108. These distributions follow the Foundation’s spending policy allows for distributions of 4.5% of the last 3-year average market value of each individual portfolio.

Total investment return for the foundation was a positive 7.6% for Fiscal Year 2018 and our investment managers continue to outperform their benchmarks.

Our Fiscal Year runs from July 1 – June 30.

View our most recent financials

Annual Report