Foundation Update

The report of the Diocesan Foundation for the quarter ending December 31, 2015 has been posted to its website.

Investment markets improved nicely in the quarter and the Foundation benefited from this, achieving an investment gain of $2.1 million or 3.6%.  These strong results were not sufficient to overcome market declines sustained earlier in the year, resulting in a modest loss of $611 thousand or -0.9% for the year.

 

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