Atlanta
Distribution of $15 million Joseph Mitchell bequest
Published April 3, 2014
ATLANTA–According to the Finance Office of the Archdiocese of Atlanta, $15 million in liquid assets from the Joseph Mitchell estate was distributed as follows:
| CATHEDRAL OF CHRIST THE KING—50 percent of the bequest: | |
| Cathedral Capital Campaign/Building Fund: | $7.5 million |
| CHARITIES—25 percent of the bequest: | |
| Catholic Charities Atlanta—General Use: | $1.5 million |
| Catholic Charities Atlanta—Restricted Use: | $2.0 million |
| Other Charities: | $250,000 |
SUBTOTAL: |
$3.75 million |
| ARCHDIOCESAN USE—25 percent of the bequest: | |
| Disadvantaged Parish Fund | $1.0 million |
| Priests’ Pension Fund | $1.0 million |
| Parish Endowments 100 at $10,000 each | $1.0 million |
| School Endowments 18 at $10,000 each | $180,000 |
| Cristo Rey Atlanta Jesuit High School | $500,000 |
| Other | $70,000 |
SUBTOTAL: |
$3.75 million |
| TOTAL: | $15 million |