News From CCF-LA | December 17, 2020
From the Desk of Our CFO
While the economy has been significantly affected by the COVID-19 pandemic and other societal factors, the equity markets, which took one big hit after another early in 2020, have recovered to what is now pushing all-time highs. The total assets under management by CCF-LA at November 30 was $402.1 million, the largest asset base in our history. The Balanced Pool results (net of fees) for November was a strong 8.98%, which brought the year-to-date returns for the 11 months ending November 30 to 10.44%. Our Intermediate Fund had a monthly return of 3.53% and 6.57% for the 11-month period. Overall, our investment choices throughout the past several years have paid off for our clients and have set us up for continued growth in the future. As always, please contact our client-services team with any questions or requests for additional information.
Andrew O'Boyle
Chief Financial Officer and Treasurer
Featured Fund: Society of St. Vincent de Paul
Did you know that the largest thrift store in Los Angeles is run by a ministry of the Catholic Church? The Society of St. Vincent de Paul of Los Angeles runs the shop that offers a huge selection of clothes and housewares—and even cars—at a deep discount, while providing employment and career training for staff.

Store sales support other ministries of St. Vincent de Paul, including the Cardinal Manning Center for homeless men on Skid Row. The center offers transitional housing alongside case management to help residents find long-term housing, education, job training, and more.

Aiming to “feed, cloth, house, and heal,” the Society of St. Vincent de Paul has been a CCF-LA Agency client since 2018. We are proud to support the essential work of the Vincentians and encourage others to get involved with their many program. Learn more here.
Year-End Giving — Don't Wait!
As the end of 2020 quickly approaches, now is the time to think about year-end charitable giving. CCF-LA is ready throughout the coming weeks to handle additional deposits for our clients, as well as new accounts from our Catholic community.

The cutoff for giving tax-deductible charitable giving in 2020 is December 31, 2020.

Take advantage of this year's CARES Act provisions, and maximize your giving this year.
Voices of CCF-LA
Getting Your Coffee Buzz On With Catholic Education Foundation
Coffee with CEF, agency client the California Education Foundation, is a Zoom conference series that gathers educators, donors, and charitable organizations to discuss what’s going on in our Catholic schools. This month, CEF featured another one of our clients, the Saint Sebastian Sports Project. Read more here.

Thank God for the Internet: Streaming Christmas Joy
A silver lining of the current state of the world is the abundance of opportunities to gather and celebrate virtually. We've created a list of places to stream mass and Christmas events during this season. Read more here.

Celebrating the Joy of Volunteering Virtually
Christmas is the season of giving, and many of our donors give not only from their pockets but also by volunteering at shelters, food banks, church and school fundraisers, and more. This year, we’re challenged to be much more creative in the ways we give! Here are a few new ways you and your family can volunteer virtually. Read more here.
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