Catholic Development Fund

The Catholic Development Fund (formerly Catholic Church Development Fund) was established by the late Monsignor John Lennon in 1964 to provide financial security for the Diocese in its mission to promote and support the religious and charitable work of the parishes, schools and institutions of the Roman Catholic Trust Corporation for the Diocese of Cairns.

The Catholic Development Fund provides an internal treasury function, it is not available to the public.

The Roman Catholic Trust Corporation for the Diocese of Cairns operates the Catholic Development Fund (CDF) to further the mission of the Church through harnessing the financial resources of the Diocesan Catholic Community.

Objectives

The objectives of the Catholic Development Fund are:

To provide loans to Diocesan entities at a cost lower than commercially available outside of the Diocese
To provide an operating surplus to assist the Diocese in financing essential charitable, educational and pastoral care programs.

CDF Online

The Catholic Development Fund has introduced internet access for the following:

Viewing account details online
Printing statements
Transferring funds between CDF accounts
Transferring funds to accounts held at other financial institutions

All clergy, staff and diocesan entities can have access to CDF online by contacting the office at the address below.

Click here to access CDF Online

The cut-off time for all payments processed through CDF Online is 3pm AEST

CURRENT INTEREST RATES

Interest-Rates-CDF-October-2022

DISCLOSURE AND PRIVACY

Catholic Development Fund Disclosure Statement

The Catholic Development Fund (the Fund) is not prudentially supervised by the Australian Prudential Regulation Authority nor has it been examined or approved by the Australian Securities and Investments Commission.

Therefore, an investor in the Fund will not receive the benefit of the financial claims scheme or the depositor protection provisions in the Banking Act 1959 (Cth). Investments in the Fund are intended to be a means for investors to support the charitable, religious and educational works of the Diocese of Cairns and for whom the consideration of profit are not of primary relevance in the investment decision. Furthermore, investors should be aware that neither the Fund nor the Roman Catholic Trust Corporation for the Diocese of Cairns is subject to the normal requirements to have a disclosure statement or Product Disclosure Statement or be registered under the Corporations Act 2001 (Cth).

CDPF Limited, a company established by the Australian Catholic Bishops Conference, has indemnified the Fund against any liability arising out of a claim by investors in the Fund.

Catholic Development Fund Privacy Statement

What kind of personal information does CDF collect and how does it collect it?

The type of information CDF collects and holds includes (but is not limited to) personal information, including sensitive information such as:

Name
Contact Details
Information for identification purposes
Tax File Number
Financial information

We require this information so that we can establish and manage your customer account held with us. Personal Information you provide: CDF will generally collect personal information held about an individual through forms filled out by you, by face-to-face meetings and interviews and telephone calls. It is understood that you are consenting to the collection of certain personal information by the CDF when you fill out the form given to you for this purpose.

How will CDF use the personal information you provide?

CDF will use personal information it collects from you for the primary purpose of collection and for such other secondary purposes that are related to the primary purpose of collection and reasonably expected, or to which you have consented. CDF may use your information for purposes that you reasonably expect, such as managing your account, contacting you, or providing customer support.

CDF also collects and uses information about your use of our service for monitoring and evaluation purposes so that we are able to provide our customers with improved and more relevant products and services.

CDF may use your information to notify you about your account details, new services or promotions from time to time. If at any stage you no longer wish to receive these communications from CDF you can contact us and make this request

Who might CDF disclose personal information to?

The information we collect from you is strictly confidential. CDF will not disclose your personal information to any third parties, other than those who are contracted to us to keep the information confidential. We may disclose information where you would reasonably expect us to do so or where the disclosure is for an activity related to the purpose for which your information was originally collected. We may disclose personal information, including sensitive information to anyone you authorise us to disclose information to.

There may be exceptional circumstances for disclosing your information, such as when there are grounds to believe that the disclosure is necessary to prevent a threat of life or health, or for law enforcement purposes.

Management and security of personal information

All CDF staff are required to respect the confidentiality of clients' information, the CDF has in place steps to protect your personal information from misuse, loss, unauthorised access, modification or disclosure by use of various methods including locked storage of paper records and password access rights to computerised records.

You are entitled to access the personal information CDF holds about you and to amend that information if it is incorrect. To do this, please write to, or e-mail us at the address noted below and include your member number.

For further information please contact the :

Fund Manager,
Catholic Development Fund,
PO Box 625, Cairns QLD 4870
Tel: (07) 4031 6490 Fax: (07) 4031 4573

DOWNLOADABLE FORMS