Diocesan Foundation results for the September quarter have been posted to the website.

It was a good quarter, both in terms of investment gains and additional deposits into existing accounts. Total assets increased to $162.2 million--an increase of $14.2 million and a new high. Investment gains were $7.7 million or 5.1%. Year-to-date investment gains total $15.6 million or 11%.

Foundation results for the second quarter have been posted to its website.

It was a good quarter with solid investment gains for all four model portfolios of the Foundation. The investment gain totaled $9.7 million or 7%. Total assets reached a new high of $148 million.

Diocesan Foundation investment results for the first quarter have been posted to the website. Uncertainty surrounding tariffs caused the US stock market to decline over 6% in the final month of the quarter. The gains achieved during the first two months were insufficient to overcome March losses, so the quarter was negative for stocks. Bonds achieved nice gains.

The overall investment loss was $1.8 million or -1.3%. Total assets declined to $138.8 million at quarter-end.

Stock market volatility has increased in April and additional losses have been sustained. Market activity is monitored closely. While current market conditions are worrisome, the Foundation invests for the long-term and believes that its model portfolios are allocated to meet investment objectives over time.

The website has been updated with performance information for the fourth quarter of 2024. While the Foundation’s managers performed better than their peer groups and benchmarks, the Foundation sustained a small investment loss of $236,000 or -0.2%.

Investment gains for the year 2024 were $16.1 million or 12.8%. All in all, 2024 was a very good year, although the fourth quarter was disappointing.

Total assets at year-end were $140.9 million, an increase of $15.9 million over the prior year.

The Diocesan Foundation website has been updated with results for the third quarter.

It was the best quarter so far this year. Investment gains were $7.6 million or 5.6%. Total assets reached a new high of $142.2 million. All four model portfolios achieved nice gains.

Diocesan Foundation results through the quarter ending June 30, 2024 have been posted to its website. It was a good quarter, with investment gains totaling $2.3 million or 1.08%. Total assets of the Foundation reached a new high of $135.2 million.

Investment markets remained positive during the first quarter and the Diocesan Foundation achieved investment gains of $6.4 million or 5.1%.  Total assets increased to $132.5 million.

The Quarterly Report has been posted to the website: foundation-dwtx.org. 

The Foundation’s website has been updated to reflect investment results for the final quarter of 2023 and for the year then ended.

Investment markets produced strong returns during the quarter and the year.  For the quarter, the Foundation had an investment gain of $10.9 million or 9.4%.  For all of 2023, the investment gains totaled $17.2 million or 15.7%.

Assets at year end totaled $125 million in 276 investment accounts.

Diocesan Foundation performance for the September quarter has been posted to the website.

The first two months of the quarter were strong, but September was weak, resulting in quarterly losses for both stocks and bonds.

The Foundation’s managers performed in line with their peer groups and market indices, but overall the Foundation sustained a quarterly loss of 2.4% or $2.9 million.  The Foundation’s year-to-date performance remains positive, with gains of 5.9% and $6.4 million.  

The Diocesan Foundation website has been updated to include performance for the quarter ending June 30th.

It was a good quarter, with all four model portfolios achieving investment gains. Overall, Foundation accounts gained $4.9 million or 4.2%. Total assets at quarter-end were $119.2 million.