Malawi Archdiocese Launches Endowment Fund to Strengthen Long-Term Church Mission
The Catholic Archdiocese of Lilongwe has launched the "Tiyendere Limodzi" (Let Us Walk Together) Endowment Fund, a long-term financial initiative aimed at strengthening the Church's ministries and reducing its dependence on external funding.
The fund was officially launched on July 25 at the Bingu International Convention Centre in Lilongwe, the capital of Malawi, a landlocked country in southeastern Africa. The event brought together Church leaders, government officials, business representatives, and lay Catholics in support of the initiative.
The endowment fund is designed to provide sustainable financing by investing donated capital and using only a portion of the annual returns to support the Church's pastoral and social ministries while preserving the principal. The Archdiocese expects to spend about five percent of the annual investment income on priority areas, including education, health care, evangelization, and social services.
Speaking at the launch, Auxiliary Bishop Vincent Frederick Mwakhwawa of Lilongwe said the initiative responds to the country's pressing social and economic challenges and calls for shared responsibility.
"This country cannot be developed by one individual," Bishop Mwakhwawa said. "It requires collective ideas, commitment, and contributions from all of us if we are to transform our nation."
He said the endowment fund is more than a Church project, describing it as a national initiative that invites all people of goodwill to contribute to Malawi's future.
Philip Madinga, chairperson of the fund's board, assured donors that the initiative would be managed with transparency and accountability.
He pledged that the board would uphold high standards of governance to ensure that every contribution supports the fund's intended mission and delivers lasting benefits to future generations.
The Archdiocese aims to raise 10 billion Malawi kwacha (about US$5.7 million) to establish the fund. The capital will be invested to generate a steady income stream, enabling the Church to sustain and expand its ministries without relying primarily on foreign assistance.
Church leaders said the initiative reflects a broader effort to build financial self-reliance as Catholic institutions across Africa respond to changing global economic conditions and declining international aid.
The launch follows weeks of preparation that included consultations with Catholic members of Malawi's Parliament on July 16 and a media briefing on July 18. The discussions focused on raising public awareness and aligning the initiative with Malawi Vision 2063, the country's long-term development strategy.
By establishing the "Tiyendere Limodzi" Endowment Fund, the Archdiocese hopes to secure stable financial support for its mission while continuing to serve communities through education, health care, and social outreach.
The initiative also invites Malawians living abroad to participate, emphasizing that sustainable development requires the shared commitment of the Church, government, businesses, and citizens working together for the common good.
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