The Christchurch Catholic Diocesan Development Fund (CDF) is a charitable trust established in 1967. It is governed by a Board of Trustees and managed from the Diocesan Office.
The CDF offers members a range of investment and savings products (debt securities), as well as an opportunity to support the pastoral, educational and religious services of the Church.
The CDF's main aim is to assist the Church achieve its mission. Members' funds are used to enable diocesan and parish projects to be completed without our parishes, schools and diocesan groups having to borrow money commercially. More importantly, however, is that the CDF's surplus is used to help the Diocese. The CDF helps the Diocese fund the Pastoral Plan, the Catholic Education Office, the Youth Team, the national seminary, the Prison and Hospital Chaplaincies and any other pastoral priorities that occur from time to time. An investment with the Fund, therefore, can be seen as an ethical one.
Some recent examples of projects helped by the CDF include a loan to Hurunui Parish for a new presbytery and a loan to the Diocese to help provide a new classroom bloack at St Joseph’s Catholic Primary School in Ashburton.