The website has been updated to report on results for the quarter ended September 30th.
It was a disappointing quarter. Both common stocks and bonds held in Foundation accounts sustained losses. Foundation managers generally underperformed their peer groups and relevant benchmarks.
Combined investment losses were $2.8 million or -1.6%. Year-to-date investment gains are $10.1 million ore 6%
Foundation investment results for the quarter ending June 30 have been updated on the website.
It was a good quarter. Investment gains were $15.4 million–the best quarter since December, 2023. Total assets of the Foundation increased to $183 million, a new high. All four investment strategies (model portfolios) used by the Foundation achieved gains.
Data on the website has been updated for performance through March 31, 2026.
The Iran war had a profound negative impact on investment markets in general and the Diocesan Foundation suffered the consequences. Investment losses totaled $2.5 million or (1.5%).
It was a disappointing quarter. Check the website for details.
The Foundation’s investment results for the fourth quarter 2025 and the year have been added to the website.
Positive results continued in Q4, with investment gains of $3 million (1.9%). 2025 marked the third consecutive year of strong investment performance. Investment gains totaled $18.6 million (13.1%) for the year. Total assets under management increased to $165 million at year-end.
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.