Bill and Lisa Stromberg felt a strong desire to give back to the Catholic community. Their goal was to do so in an intelligent way, in a way they felt would be efficient. Bill Stromberg says, “We believe education was one of the best investments we can make.” They chose to establish an endowment with the Catholic Community Foundation, part of which supports the School of the Cathedral of Mary Our Queen, with the other part allocated for the education of seminarians.
Each of the Stromberg’s three children attended School of the Cathedral of Mary Our Queen and the Cathedral of Mary Our Queen has been the Stromberg parish for many years. They chose to support the school because they believe it does “an outstanding job of developing young people from a learning perspective and from a spiritual perspective. It helps them become good citizens of the world.”
The Strombergs chose to work with the Catholic Community Foundation because of the different choices it offers donors. People can target where their money goes, where the investment can have an impact. Mr. Stromberg observes, “I like that flexibility. This is a good means to accomplish many things. Also, the endowment is professionally managed with a strong Investment Committee around it. We like the cause. We like the efficiency with which our money is invested. That combination is pretty powerful.”
In summing up how they feel about establishing their endowment, Mr. Stromberg states, “It is personally satisfying to know that we can help others with some of the blessings that we have had. It makes you feel really good that you can make a difference in people’s lives.”