Catholic Relief Services made its first impact investment, and FADICA member Michael Rauenhorst of the MGR Foundation was a key participant in the landmark investment. MGR participated in the blended capital investment of $500,000. The investment will be in Lafaza, a U.S.-based agriculture company that sells vanilla sourced directly from smallholder farmers in Madagascar.
FADICA is the leading philanthropic peer network serving as a catalyst for a vital Catholic Church, Catholic ministries, and the common good. We promote the growth and effectiveness of Catholic philanthropy inspired by the joy of the Gospel and the Catholic social tradition. FADICA supports its members through education, exchange, fellowship and faith, research, joint funding opportunities, and interaction with Catholic leadership.
