Endowments - CREED

The Catholic Religious Education Endowment Fund of the Diocese of Duluth

Mission

The Catholic Religious Education Endowment Fund (CREED) financially assists Catholic School Education and individuals formally preparing for ministries and responsibilities in parishes or diocesan programs within the Diocese of Duluth.  It has four main objectives:

  • Assistance to Catholic Schools
  • Formation and Continuing Education of Deacons
  • Continuing Education of Priests
  • Education for Parish Lay Ministry

About the Fund

CREED was officially incorporated as a non-profit organization in 1996.  It is governed by a board of directors, with the Bishop of the Diocese of Duluth serving as its President.  The financial statements of the Fund are audited each year by an independent auditor.  A committee meets twice each year to evaluate grant applications and make recommendations to the corporate board.

Ways to Support the Fund

Gifts to CREED are permanent in nature and will be held in perpetuity with only the earnings going to support the mission of the Fund. 

  • Direct gifts of cash, securities, paid-up insurance policies, and other personal property and real estate
  • Bequests to the Fund under the terms of a will
  • Charitable gift annuities
  • Distributions from a charitable trust
  • Designation of the Fund as a beneficiary of a life insurance policy or IRA

CONTACT

CREED
2830 E Fourth St.
Duluth, MN  55812
Ph: 218-724-9111
Fx: 218-724-1056

 

 

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