About The Hartford Catholic Development Corporation

The Hartford Catholic Development Corporation was approved by Archbishop Henry J. Mansell and the Archdiocesan Finance Counsel in March, 2008. The corporation allows the Archdiocese of Hartford to offer Charitable Gift Annuities and create and hold Trusts of many forms.

The Corporation is fully transparent financially, allowing donors, the recipient entities, and anyone with interest to have access to audited financial statements. The Corporation holds a cash reserve to provide security and asset protection for donors.

The Corporation provides donors with all required IRS and other legal documents, and payments to annuitants and trust beneficiaries through the Wachovia Trust. The Archdiocese has access to attorneys specializing in planned giving strategies, trust development and estate planning services. The Corporation was established for donors of the Archdiocese of Hartford to make endowed gifts to their parish, school, or other favorite archdiocesan entity. Motivated by good stewardship practices, the Corporation provides the individual participants and accounts the advantages of diversified investment strategies and avoiding the duplication of legal and administrative costs.

Participation in the Hartford Catholic Development Corporation is not required for planned gift development. For information about creating your own endowment please contact the Office of Development.