The Catholic Fraternity Fund is an Autonomous Pious Foundation formed under Canons 1303, §1,1 and 114, §2 and is a nonprofit corporation domiciled in Texas. The canonical administrators of The Fund consist of a professional, non-compensated lay Board of Directors and Board of Trustees who are responsible for its affairs and for its adherence to the provisions of the Code of Canon Law. The Catholic Fraternity Fund is a public charity under IRC 501(c)(3).
The Catholic Fraternity Fund was founded on the business model that professional, technical, and competent stewardship can best be achieved through dedicated investment funds, assembled for the sole benefit of its members, and with a distinct Catholic identity and commitment. As an Autonomous Pious Foundation the Catholic Fraternity Fund is governed by the Code of Canon Law in all of its activities, in particular the canons of Book V of the Code which concerns the Church’s temporal goods.
The Fund is designed to provide a critical mass of investment size so as to make a real difference in increasing the fund’s financial opportunities, mitigation of investment risk, increasing diversification options, lowering of money manager costs and maximizing the appreciation potential/returns paid to its members.
The Catholic Fraternity Fund is a wholly owned nonprofit subsidiary of the Catholic Community Foundation for the Roman Catholic Church of the Archdiocese of San Antonio.
The Catholic Fraternity Fund is led by a group of visionary Catholic business and community leaders who provide morally responsible, professional and effective financial management for our Catholic institutions.
Board of Directors
Board of Trustees Officers
Stephen M. Dufilho
Ray E. Berend
Certified Public Accountant
George J. Person
Attorney at Law, Person, Whitworth, Borchers & Morales, L.L.P.
Eric C. Opiela
Attorney at Law
Most Reverend Gustavo Garcia-Siller, M.Sp.S.
Metropolitan Archbishop of San Antonio
Most Rev. Bishop Michael J. Boulette, DD
Auxiliary Bishop of the Archdiocese of San Antonio, Moderator of the Curia, Vicar General
Very Reverend Lawrence J. Christian
Episcopal Vicar, Archdiocese of San Antonio, Pastor – St. Ann Parish
Richard C. Dietz
Past Chair, Investment Committee, Retired AT&T Officer
Chair, Investment Committee, Retired Group Vice President – Frost Bank
Frank M. Kudla, Jr.
President & COO, FNK Ventures, L.L.C.
Father Martin J. Leopold
Pastor, Our Lady of Grace Parish, Our Lady of Sorrows Parish, and St. Peter Prince of the Apostles Parish
Owner, Mesquite Country Enterprises
Catholic Community Foundation/Catholic Fraternity FundStaff
The Catholic Community Foundation staff oversees and administers the operation of the Foundation.
Deacon John Benage