CDF - Catholic Development Fund | Archdiocese of Canberra and Goulburn
GPO Box 1887
Canberra ACT 2601
Ph: 02 6201 9870
Email: cdf@cg.org.au

CDF Qkr By Mastercard training session for school staff held at The Rheinberger Centre

 

The Vines, Mildura – Aged Care Facility, Southern Cross Care Broken Hill

 

Townhouse Project - St Augustine’s Parish, Yass

 

Garratt Wing, Daramalan College – Dickson ACT

 

Manuka Development – 6th March 2016

 

CDF Online

Happy New Financial Year to all :). I am very pleased to announce that from today (01 JUL 16) we are moving to a new Merchant and Corporate Card pricing structure with CBA bringing significant savings for you all. Please email the CDF for the details or contact us if you are considering your payment options. Michele Murdock, Manager.

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 an opportunity for parishioners wishing to support the work of the Church by investing with the CDF.
  • 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. An Investment sub-committee and Policy & Audit sub-committee meet at least three times per year.

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

An investment with the CDF is designed for those parishioners who wish to promote the activities of the Catholic community and for whom considerations of profit are not of primary relevance in their investment decision. Investors should be aware that the CDF is not subject to the normal requirement to have a prospectus and a trust deed under the Corporation Law and the CDF is not subject to the provision of the Corporation Act 2001 nor has it been examined or approved by the Australian Securities & Investments Commission. The CDF is not prudentially supervised by the Australian Prudential Regulation Authority and contributions to the CDF do not obtain the benefit of the Deposition Protection Provisions of the Banking Act 1959. The Roman Catholic Archbishop of Canberra & Goulburn has indemnified the CDF against any liability arising out of a claim by investors.