CDF - Catholic Development Fund | Archdiocese of Canberra and Goulburn
GPO Box 1887
Canberra ACT 2601
Ph: 02 6239 9870
Email: cdf@cg.org.au

LCMHC Calvary Bruce Private Hospital proudly funded by CDF Canberra & National syndicate partners.

 

St Benedict's Parish Narrabundah joing the ACG CDF Parish Qkr! Mobile giving offering.

 

Marian Place @ Manuka Archdiocese Exclusive Over 55's Living

 

Garratt Wing, Daramalan College – Dickson ACT

 

Manuka Development – 6th March 2016

 

CDF Online

Good day, the CDF is currently undergoing our annual audit by Deloitte you may receive an account confirmation request, please return to Deloitte per the instructions and contact us with any queries, Kind Regards, Michele Murdock.

The CDF was established on 1 January 1987 as an amalgamation of the separate Provident Funds of Canberra and Goulburn. The CDF is an agency of the Catholic Church in the Archdiocese of Canberra & Goulburn and operates under the authority of the Trustees of the Archdiocese.

Mission

  • To seek deposits and make loans for the benefit of the Church.
  • To provide a treasury function for the Church.
  • To provide advice to parishes and agencies on financial matters.
  • To return to the Archdiocese an annual appropriation.
  • To act as a good corporate citizen abiding by all legislation relevant to its operation.

CDF Board

The Board is responsible to the Trustees for oversight of the CDF exercising its duties in accordance with specific policy statements relating to strategic planning, financial management, resource provisions, administration and personnel.

The Board is composed of a chairman and a minimum of five other members all of whom are appointed by the Archbishop. Meetings of the Board are held bi-monthly with extraordinary meetings as required.

Investment Policy

The CDF primary investment strategy is to lend funds to ‘build the Church’. To this end funds are lent to Archdiocesan parishes, schools and agencies for the refurbishment and building of new facilities. In addition, the CDF lends to Catholic entities that operate in the Health and Aged Care sectors.

Funds not immediately required for development projects are invested in Bank Bills through the Catholic Church Investment Service (CCIS). From time to time the Board may authorise longer term investments in term deposits or managed portfolios of composite government bonds or bank bills.

Disclosure Statement

The Catholic Development Fund Archdiocese of Canberra & Goulburn (the Fund) is required by law to make the following disclosure. The Fund is not prudentially supervised by the Australian Prudential Regulation Authority nor has it been examined or approved by the Australian Securities and Investments Commission. An investor in the Fund will not receive the benefit of the financial claims scheme or the depositor protection provisions in the Banking Act 1959 (Cth). Investments in the Fund are intended to be a means for investors to support the charitable, religious and educational works of the Archdiocese of Canberra & Goulburn and for whom the consideration of profit are not of primary relevance in the investment decision. The investments that the Fund offers are not subject to the usual protections for investors under the Corporations Act (Cth) or regulation by Australian Securities and Investments Commission. Investors may be unable to get some or all of their money back when the investor expects or at all and any investment of the Fund are not comparable to investments with banks, finance companies or fund managers. The Fund's identification statement may be viewed at www.cdf.cg.catholic.org.au or by contacting the Fund. The Fund does not hold an Australian Financial Services Licence.