Catholic Outlook Magazine Lent & Easter Edition 2022

Grow your money in the Diocesan Development
Fund and invest in our Church and its people
“These renovations will be a game changer for our parish”
Fr Alejandro Lopez OFM Conv, Parish Priest, Our Lady of the Rosary Parish, Kellyville
The parish community of Our Lady of the Rosary, Kellyville, are in the final stages of a church renovation. The new
building will feature a new sacristy and twin confessionals, an expanded piety store, a refurbished baptistry and
accessible entrances for the elderly and differently-abled alongside the lovingly refurbished pews. The parish hopes it
will draw others as they build up the Church for the glory of God.
Alongside the generosity of parishioners, the parish reached out to the Diocesan Development Fund, who gave them
advice on applying and taking out the loan and how to pay it back.
The Diocesan Development Fund
The Diocesan Development Fund (DDF) was established in 1989 by the late Bishop Bede Heather to help parishes,
schools, aged care facilities, religious congregations and other Catholic Church related organisations effectively
manage their financial resources to better promote the Mission of the Church. The DDF provides finance for capital
projects and investment services, along with financial services to diocesan agencies, ministries, parishes and schools.
Since inception, the DDF has provided over $476 million in loans to finance facilities for worship, education, and other
needs of the Church.
The DDF earns a surplus that is distributed annually to the Diocesan Chancery to finance the Bishop’s pastoral priorities
and his ministry programmes.
To contact the DDF please phone (02) 8839 4500 or email enquiries@parraddf.org.au
Visit the DDF website at www.parracatholic.org.au/ddf
Disclosure Statement
The Diocesan Development Fund Catholic Diocese of Parramatta (DDF) (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 Catholic Diocese
of Parramatta 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 https://parracatholic.org or by contacting the
Fund. The Fund does not hold an Australian Financial Services Licence.