Saint Stephen Parish, Oil City
establish an endowment >
provides a permanent and secure funding stream to strengthen and grow the Church's mission and ministries in Northwest Pennsylvania.
Admiration for Monsignor James "Fr. Pete" Peterson and Bishop Lawrence Persico inspire gifts to the endowments bearing their names and supporting causes important to them.
Tom and Chris Loftus wanted to do something meaningful to help ease the challenges faced by their community's indigent population. "Money invested where Catholic principles are going to be applied," was meaningful to them. The endowment they established in the Catholic Foundation will provide resources in perpetuity to the work of Catholic Charities.
This past year, four deserving students at Kennedy Catholic High School were granted scholarships from the Monsignor John B. Hagerty Endowment Scholarship Fund.
Lisa R. Louis, Executive Director of the Catholic Foundation of Northwest Pennsylvania, and Robert D. (Bob) Crowley each received honors from the Association of Fundraising Professional’s Northwest Pennsylvania Chapter (AFP) at their annual National Philanthropy Day event on November 16. 2021.
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