The Catholic Religious Education Endowment Fund of the Diocese of Duluth
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:
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.