News From CCF-LA | October 20, 2021
From the Desk of Our CFO
September ended the seven-month “winning streak” of positive returns but proved to be a difficult month for stocks and bonds. All sectors in the equity markets (with the exception of energy) were negative for the month, and major bond yields increased as central-bank communication turned more hawkish and inflationary pressures picked up.

The Balanced Pool results (net of fees) for September were -2.96%, which brought the return for the first nine months of 2021 to 8.15%. Our Intermediate Fund had a monthly return of -0.12% and +4.63% for the year through September 30, 2021. Please feel free to contact our client services team with any questions or requests for additional information.

Andrew O'Boyle
Chief Financial Officer and Treasurer
CCF-LA News and Events
Celebrating Hispanic Heritage Month With CALL

CCF-LA was proud to sponsor and attend CALL’s 9th Annual Gala and Angels Awards at the Cathedral of Our Lady of the Angels Plaza. Some 400 attendees were serenaded by “mariachi nuns” from the Carmelite order, who celebrated the achievements of Los Angeles’ Hispanic leadership. Read more.
Field of Dreams

Before joining CCF-LA, our new Director of Client Development, Maggie Byrne, was blessed to work as the Development Director at St. Francis X. Cabrini School and to experience the impact of four large CCF-LA grants to the school that in part were used to create Sister Johnnie's Field Read more.
A Warm Welcome at Resurrection School

CCF-LA client Roger Cusumano (left) and Resurrection Catholic School principal Adan Jaramillo joined CCF-LA staff for a heartfelt tour of the school after a 19-month hiatus to witness firsthand all the good the Cusumano Family Charitable Fund has had on the school over the last three years. Read more.
Interning at CCF-LA: A Real-Life Education

Summer intern Cole Edwards shares his experience interning at CCF-LA and how it has informed his pursuit of a degree in Finance at Santa Clara University. We look forward to welcoming him back over winter break. Read more.
The Catholic Community Foundation of Los Angeles empowers charitable individuals and organizations across cultures and generations through professional philanthropy management solutions that allow clients to develop and sustain their philanthropy in support of Catholic values.
Catholic Community Foundation of LA | (213) 426-1180