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Mission & History
A Mission of Cooperation and Collaboration
In 2010, the Board of Trustees adopted the following mission statement:
The mission of the Papal Foundation is to serve the Holy Father and the Roman Catholic Church.
We do this by gathering in a corporal and cooperative collaboration of laity, clergy and hierarchy within the Church, in witness to one another of our faith, and drawing strength from the witness of the Holy Father.
We bring and contribute our faith, our energy and our financial resources, to serve those needs of the Church that are of particular significance to the Holy Father, always with a commitment to walk in union with the Holy Father and the Magisterium of the Church.
Donors can be individuals, foundations or fraternal groups. Membership starts with the pledge to give $1 million over the course of no more than ten years with a minimum donation of $100,000 per year. Those who choose to make this commitment become Stewards of Saint Peter and join a growing network of dedicated American Catholics in service to the Successor of Peter.
The vision of our founding members and the commitment of our Stewards has resulted in a fund that has grown to over $215 million with a total of $176.9 million awarded in grants and scholarships.