In honor of Bishop Mark J. Seitz’s 5th anniversary, the Foundation for the Diocese of El Paso launched the 545Fund, a campaign to raise resources for the Bishop’s Scholarship Fund.
The Most Rev. Seitz was installed the Bishop for the Diocese of El Paso on July 9, 2013.
The Bishop’s Scholarship Fund provides scholarships for students enrolling in the 6th grade or above and are renewable for as long as the student attends an El Paso Catholic school and remains in good standing.
The amount of individual Bishop’s Scholarship awards range from $500 to $6,000 annually.
According to the foundation, their goal is to grow the Bishop’s Scholarship Fund to $500,000 to provide an annual distribution of $20,000 for students to attend Catholic school.
Since 2001, the Catholic Foundation has raised $15 million for endowment, raises $2 million each year through the Progress Appeal and $1 million annually from outside grants.
The Foundation manages 88 separate endowment funds.
The Foundation for the Diocese of El Paso is an independent 501 (c) (3) non-profit organization established in 2001 to support the growing needs of the Catholic community.