Diocesan Investment and Loan Trust donates $50K to Ukraine

In a move to address the increasing humanitarian crisis in Ukraine, the Diocesan Investment and Loan Trust (DILT) in Albany will make a $50,000 donation to Catholic Relief Services (CRS), which is accepting financial contributions to provide shelter, hot meals, and transportation for Ukrainian refugees seeking to move to safe areas.

In addition, DILT has invited individuals, Catholic parishes, and other faith-based groups in the Capital Region to take part in a Christian challenge to support relief efforts. DILT will match donations up to $50,000, making their potential donation to Ukrainian humanitarian relief $100,000.

“We hope this challenge will encourage everyone in the region to consider sharing their gifts with the people of Ukraine who are in tremendous need of the basic necessities,” said DILT Trustee Father David R. LeFort. “This is an invitation to share Christian charity at a moment when extreme needs are emerging from Eastern Europe on a daily basis.”

To participate in the challenge, checks should be made payable to Catholic Charities and sent to their offices at 40 N. Main Ave., Albany, 12203. “Ukrainian Humanitarian Relief” should be written in the memo line of the check. Catholic Charities will forward the donations to CRS, with DILT matching those donations up to $50,000.

The Diocesan Investment and Loan Trust (DILT) was created several decades ago as an investment option for organizations in the Roman Catholic Diocese of Albany (RCDA). DILT provides grants to individuals and organizations, both Catholic and non-Catholic. It is a separate entity from the RCDA.