Diocesan Investment Fund
Our Charter “To provide a stable source of long term finance at affordable rates of interest, for Catholic parishes and institutions of the Lismore Diocese and to provide a stable stated return to investors.”
The Diocesan Investment Fund – DIF – is a financial work of the Diocese of Lismore. We were established in 1964 and have a long and proud history of supporting development projects within the Catholic community.
Individuals and institutions by making an investment in the Fund receive a competitive rate of interest, free of any charges. Investors’ funds are used by the DIF to make loans to enable parish and diocesan development projects to be completed at low cost. Also the DIF’s surplus is used to help fund the pastoral works of the Diocese. Investors can be proud that their funds are being used to support Catholic education, health, aged care and other pastoral works of the Church.
The Fund offers one type of investment account to all our investors. This investment account has interest calculated on the daily balance and either paid or reinvested quarterly at the end of March, June, September and December.
Some recent development projects that have been funded by the DIF are:
- Marion Grove Independent Living Village expansion Sawtell
- Port Macquarie Parish property purchases
- Mary Help of Christians Primary School Sawtell
- Trinity Catholic College Lismore TAS Upgrade
- Maclean Parish Rental Property
Fund Manager: Mr Scott Patch
10 Orion Street
Lismore, N.S.W. 2480
Ph: (02) 6622 4237
Fax: (02) 6622 4238
PO Box 482
Lismore NSW 2480