How much money is necessary to start an endowment fund?

Individuals/families can establish a named fund with an initial contribution of at least $25,000. These funds can be designated for parishes, schools or organizations, they can be unrestricted for the CCF’s greatest area of need, or they can be established for Catholic mission and ministries within the Catholic Diocese of Richmond. A parish or school of the Diocese of Richmond can establish an endowment with an initial contribution of at least $5,000. However, there is no minimum amount required for making a gift to an already established endowment fund.