Diocesan Foundation Update

The website of the Diocesan Foundation has been updated to include results for the quarter ending March 31, 2018.  The update can be found at www.foundation-dwtx.org.

While the Foundation’s managers outperformed other managers, turbulence in both the stock and bond markets resulted in only modest investment gains of $387 thousand or 0.6%.  The Foundation added two accounts during the quarter and had total assets of $69 million on March 31st.
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Diocesan Foundation Report

The report of the Diocesan Foundation for the fourth quarter and the 2017 year has been posted to its website.  Some highlights for the year:

  • Investment gains of $9.3 million or 15.5%
  • Total assets of $68.7 million—a new high
  • Eight new accounts for a total of 214 at year-end
  • Portfolio gains ranged from 1.2% for the Capital Maintenance Model to 17.3% for the Growth Model