News From CCF-LA | July 22, 2021
From the Desk of Our CFO
The U.S. investment markets continued to perform strongly in the second quarter of the year, closing out the month of June—and the first half of 2021—at new record highs. The period of April through June was the fifth consecutive quarter in which the U.S. markets posted gains. The total assets managed by the Catholic Community Foundation of Los Angeles at the end of June was $515.1 million. Regarding our portfolios, the return for the Balanced Pool for the year-to-date period ending June 30 was 8.74%, slightly above the benchmark of 8.72%. The Intermediate Fund return of 4.42% for the same period was tracking closely to the benchmark of 4.52%. Our Investment Committee remains pleased with the performance of our investment options but as always continues to closely monitor the portfolios and make any changes deemed necessary.
Andrew O'Boyle
Chief Financial Officer and Treasurer
FAQ: Estate Planning and Charitable Giving
How do I include charitable giving in my estate-planning documents?

How do I get my children involved in my giving now and after I’m gone?

What are some options for my IRA disbursements and 401k?

What is the impact of including charitable giving in my estate plan?

Voices of CCF-LA
A Site Visit to St. Vincent Meals on Wheels
CCF-LA staff members Timithie Norman and Maggie Smet had the excitement of a field visit to the St. Vincent Meals on Wheels kitchens to see the impact of CCF-LA's first grant in action! Read more here.

A Night of Magic and Mentoring
We had great fun joining Catholic Big Brothers Big Sisters for their Champions for Youth Gala on July 17, honoring Ken Martinet and Barron DeSanctis. Read more here.

From Our Intern Program: Learning That You Can Make a Difference
CCF-LA Intern Ryan Boada reflects on his time at CCF-LA, what he's learned about the impact of charitable giving, and how all people can give through CCF-LA funds. Read more here.
Does CCF-LA Accept Gifts of Non-Cash Assets? Yes, we do!
Now that we have hit the midyear mark, many of our clients are considering their tax and estate planning for 2021 and into the future.
There are several types of non-cash assets you can donate into your CCF-LA fund. Gifting these non-cash assets to CCF-LA can result in a charitable tax write-off for the year and can monetize these assets for charitable purposes.

The Catholic Community Foundation of Los Angeles empowers charitable individuals and organizations across cultures and generations through professional philanthropy management solutions that allow clients to develop and sustain their philanthropy in support of Catholic values. Help us teach and sustain Catholic philanthropy by contacting our Client Development team at (213) 426-1187 or via email.
Catholic Community Foundation of Los Angeles | (213) 426-1180