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The Theresian Foundation was created in memory of our founder, Msgr. Elwood C. Voss. Monsignor Voss founded Theresians in Pueblo, Colorado on October 1, 1961, the feast day of St. Therese of Lisieux.
The seed money for the development of the Foundation came from the sale of the property that was owned by Theresians in Phoenix, Arizona. Shortly before Msgr. Voss passed away in 1990, the property was sold and the proceeds from the sale of the property created the E. C. Voss Endowment Fund. In 2001, the Theresian Foundation, Inc. (TF) was incorporated as a separate not-for-profit 501(c)(3) organization and the endowment funds were transferred to the TF investment account established with and managed by Christian Brothers Investment Services (CBIS). CBIS works in partnership with Catholic institutions to develop Socially Responsible Investing (SRI) solutions that meet their clients current and future investment needs. The mission of the Theresian Foundation is to provide financial support to Theresians International in perpetuity. The Foundation Board of Directors achieves its mission by meeting investment goals established by the Board, receiving contributions and donations, conducting fundraising activities which are related to and which support the work and mission of Theresians, making an annual distribution to Theresians International (TI) in accordance with policies and procedures established by the Board, and balancing investment growth goals with current spending needs of Theresians International. |