Since its creation in 1983, the Catholic Foundation of Rhode Island has invested its assets in socially and morally responsible funds. Donors can rest assured that great care is taken not to invest in companies whose business activities conflict with Church teachings. Disbursements from our endowed funds help sustain non-profit organizations whose efforts have a lasting impact on our communities and further the corporal and spiritual work of the Catholic Church. This strong commitment to Catholic identity has helped, and will continue to help, the Foundation grow steadily in size and scope. Our business relationships and investment decisions are ethically grounded in the principles of our faith, and our financial statements are independently audited. Our investment strategy is designed to achieve a reasonable rate of return that complies with our morally-responsible investment criteria.