What is the DDF? The DDF was established in 1989 to:
We adhere to these ideals by providing financial services to everyone in the Diocese at a level and a value that is not generally available in the commercial world. We base our service on personal and individual attention and knowledge of our customers needs.
Since 1989 the DDF has provided over $320 million in loans to finance facilities for worship, education and other needs of the Church. In addition surpluses totaling $78 million have been provided to the Bishop to finance essential pastoral programs within our Diocese.
All involved share the benefits of the Fund’s operation. For every dollar earned from its loans and investments: (Year ended 30 June 2014)
54.31 cents was paid in interest to our investors
31.39 cents was distributed to the Diocese
06.81 cents was used to meet operating costs
07.49 cents was placed in Reserves
We are committed to providing all services free of fees and charges. Products available to meet the needs of:
Parishes, Schools & Catholic Organisations