A Custodial Account allows a parish, school or other organization listed in the Archdiocese of Oklahoma City Directory to create a long-term reserve or quasi-endowment account at the Catholic Foundation of Oklahoma. Along with funds owned by the Foundation, Custodial Accounts are invested to provide long-term support of a parish, school or affiliated organizations.

The minimum initial deposit is $10,000 with assets and distributions returned to the account owner at their discretion. Only the account owner may make deposits or withdrawals to or from their Custodial Account.

In order to allow for diversified investment strategies, the foundation requests that Custodial Account holders make no more than one distribution from the account each year.

• Initial deposit minimum: $10,000

• Additional deposits may be made at any time, in any amount.

• Distributions from the account may be made with a 45-day notice, one time per year.

• The account may be named in the name of the Custodial Account owner.