News From CCF-LA | April 15, 2021
From the Desk of Our CFO
It has surpassed a year since the initial COVID-19 shutdowns. Improved economic conditions and successful vaccine rollouts continue to drive the significant comeback we have witnessed in the financial markets. The total assets managed by the Catholic Community Foundation of Los Angeles as of March 31, 2021, totaled $481.1 million, compared to $460.5 million at the end of 2020. The Balanced Pool results (net of fees) for March were +1.44%, which brought the return for the trailing 12-month period through March 31, 2021, to +37.95%. Our Intermediate Fund had a return of +1.2% for the month and +20.87% for the 12-month period. As always, we welcome you to contact our client-services team by phone or email with any questions or concerns.
Andrew O'Boyle
Chief Financial Officer and Treasurer
Featured Client:
Cathedral of Our Lady of the Angels
This Easter season coincides with the careful reopening of churches in the Archdiocese of Los Angeles. The joy and hope of Easter were evident this year at the Cathedral of Our Lady of the Angels, the spiritual center of our Catholic life in Los Angeles.

Director of Operations Br. Hilarion O’Connor reflected on this past year at the Cathedral: “In his Easter message, Pope Francis said that the Risen Christ is hope for all, and here at the Cathedral that sense of hope was real and tangible as we were able to celebrate Holy Week and Easter with in-person Masses. While following all COVID guidelines, we were able to accommodate Cathedral parishioners, visitors, and pilgrims at these most sacred liturgies. We look forward with hope to the day when this House of Prayer for All People will once again be filled to capacity.”

CCF-LA has a number of funds to benefit the Cathedral of Our Lady of the Angels, its parishioners, and its campus, both now and into the future. Click here to learn more.
Voices of CCF-LA
Donor-Advised Funds: A Professional Adviser's Answer to Uncertain Times
As accountants, financial planners, and other professional advisers work toward the 2020 tax filing deadline, many are seeing clients who are experiencing life changes and uncertain circumstances. With this continuing uncertainty in the world, a donor-advised fund gives clients a flexible and safe option for tax-planning needs. When contributing to a DAF, the donor receives a charitable deduction in that year but can distribute the funds at a future time, while it grows in our investment pools. Read more here.

Our New Philanthropist Donor-Advised Fund Program
At CCF-LA, we believe everyone has the ability to make a difference through charitable giving, which is why we created the New Philanthropist (NP) DAF Program for individuals and families, designed specifically for the next generation of Catholic philanthropists. Individuals can establish an NP DAF with just $2,000 and still receive all the benefits of a traditional DAF. Read more here.
Coming Soon!
Our 2020 Annual Statement of Accountability
The Catholic Community Foundation of Los Angeles is committed to the prudent management of charitable investments to support the schools, parishes, and ministries that help our neighborhoods thrive in faith. To join our mission to teach and sustain Catholic philanthropy, please contact our Client Development team at (213) 426-1187 or via email.
Catholic Community Foundation of Los Angeles | (213) 426-1180