February 29, 2012...Through a continuing partnership that began in 2009, Catholic Financial Life continues to provide the Society of St. Vincent de Paul (SvdP) with monetary and volunteer support. During 2011, Catholic Financial Life was a major sponsor of the SVdP annual “Friends of the Poor Walk,” and donated more than $166,000 through various Society-wide and local chapter activities in support of SVdP. Catholic Financial Life associates and members also clocked in excess of 17,000 hours of volunteer time on behalf of SVdP through local projects.
Since the partnership began, Catholic Financial Life has provided over $440,000 to SVdP and nearly 42,000 hours of service, valued at almost $891,000 based on a calculation of the value of volunteer time by the Independent Sector.
“Our partnership with the Society of St. Vincent de Paul allows us to put our Catholic values in action. As Catholics we are called to reach out to individuals in need, especially those lacking in the basic necessities of life,” remarks Bill O’Toole, President and CEO of Catholic Financial Life.
Over one-hundred Catholic Financial Life Chapters held activities in support of SVdP during 2011, helping to raise over $95,000 in funding. Chapter volunteers provided 16,000 hours of support to SVdP throughout the year and nearly $10,000 worth of non-perishable items were collected through chapter events and donated to local SVdP sites.
In addition to chapter support, Catholic Financial Life associates have also taken this cause to heart in 2011:
- Thirty-eight home office associates participated in the second-annual Fraternal Day of Service, which marked the two-year anniversary of the merger between Catholic Knights and Catholic Family Life Insurance. Associates worked 76 hours painting, cleaning and organizing the kitchen and dining room areas of a local Milwaukee SVdP Meal Program site.
- Twenty-five home office associates and family members—the largest team to date—participated in the annual “Friends of the Poor Walk” in Milwaukee on April 30. The team raised $2,700 through donations and matched funds.
- Twenty-one associates from the home office volunteered to work a total of 54 hours at a “block party” for patrons of a local Milwaukee SVdP meal site.
ABOUT CATHOLIC FINANCIAL LIFE
Catholic Financial Life, a faith-based membership organization, puts Catholic values in action by serving God through serving others; providing financial security; and by enhancing quality of life for our member-families and their communities. For more than 140 years, Catholic Financial Life has helped members take control of their financial future by providing real solutions to everyday challenges. Formed by the merger of Catholic Knights and Catholic Family Life Insurance in 2010, Catholic Financial Life is the second largest Catholic fraternal in the United States. More information on Catholic Financial Life, its products and services can be found on the web at www.catholicfinanciallife.org.