About Catholic Aid Association
Catholic Aid Association: Connecting People of Faith and Protecting Their Future
Catholic Aid Association is a not-for-profit financial services company that has been serving the Catholic community for over 140 years. The organization was founded in 1878 by a group of Catholic laymen who wanted to provide financial assistance to their fellow Catholics in times of need. Today, Catholic Aid Association continues to serve its members by providing them with affordable life insurance, retirement planning, and other financial products.
One of the unique aspects of Catholic Aid Association is that it is a member-owned organization. This means that all policyholders have a say in how the company operates and are eligible to receive dividends based on the company's performance. This structure ensures that the interests of members are always put first.
Catholic United Financial, which operates under the umbrella of Catholic Aid Association, offers a wide range of financial products designed specifically for Catholics. These include life insurance policies with options for burial coverage and estate planning, as well as annuities and retirement plans.
In addition to providing financial security for its members, Catholic United Financial also has a strong commitment to giving back to the community. The organization supports parishes, schools, and other charitable organizations through grants and donations. In fact, since its inception in 1878, Catholic Aid Association has donated over $500 million dollars to various causes.
One way that Catholic United Financial supports local communities is through its School Matching Grant program. Under this program, schools can apply for grants from Catholic United Financial which will be matched dollar-for-dollar by the organization up to $1 million dollars per year.
Another way that Catholic United Financial gives back is through its annual Lumen Christi Award program which recognizes individuals who have made significant contributions to their local communities through volunteer work or other forms of service.
Overall, if you're looking for an ethical financial services provider with deep roots in the Catholic community and a strong commitment to giving back - look no further than Catholic Aid Association!