Catholic United Financial

Benefits totaling $61,598,907 were paid to our members in accordance with our mission to provide life insurance, annuities and other products, services and benefits that contribute to the financial well-being of our members and their families. $10,514,576 was paid in death claims, $50,940,254 was paid for annuity, supplementary contract and other policy benefits, and $144,077 was paid for post-high school scholarships.

In accordance with our mission to support the Roman Catholic Church in extending the faith, commending and encouraging Catholic schools and religious education, Fraternal benefits totaling $447,620 were spent during the year. Of this total, $91,923 was provided to Catholic Dioceses and parishes, $7,500 was granted to organizations supportive of extending Catholic teachings, $182,659 was spent as operating support for our Foundation, and $165,538 was spent supporting Catholic education, including the Annual Catholic Schools Raffle. This Raffle has raised almost $12 million for over 100 Catholic schools since its inception thirteen years ago.

In accordance with our mission to promote fraternalism and charity among our members through a local council system and representative governance, $410,096 was provided to our Councils and communities. Of this amount, $112,299 was spent to conduct our Tri Annual Convention and Regional Member Gatherings, $19,653 was spent on Member Recognition programs and conducting Gather4Good events. Gather4Good is a volunteer, family oriented service project started in 2010 to assemble personal care kits for people in the local community experiencing homelessness.