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Advisory Board


The Funds’ religious standards are overseen by a Catholic Advisory Board, which is loyal to the Magisterium of the Roman Catholic Church. Each member is familiar with its basic tenets and core teachings. They meet regularly to review the Funds’ moral standards and criteria.

Coach Lou Holtz, Emeritus

Mr. Holtz is one of the most successful college football coaches of all time. A strong proponent of self-motivation, self-discipline, hard work and faith, Coach Holtz is best known for his coaching success at University of Notre Dame. He led the Fighting Irish on a record-setting 23-game winning streak and won the 1988 National Championship. Coach Holtz is a football analyst for ESPN and a highly sought inspirational and motivational speaker. He is also the author of three best selling books.

Larry Kudlow

Mr. Kudlow is CEO of Kudlow & Co., LLC, an economic and investment research firm. In addition to being a noted economist, he is an author, a nationally syndicated columnist, contributing editor of National Review magazine and host of CNBC’s “The Kudlow Report.” Mr. Kudlow served as associate director of economics and planning during President Reagan’s first term and was a member of the Bush-Cheney Transition Advisory Committee. He has also testified as an expert witness on economic matters before several congressional committees.

Thomas S. Monaghan

Founder and former Chairman of Domino’s Pizza Inc. and current Chairman of the Ave Maria Foundation, Mr. Monaghan has devoted himself to Roman Catholic philanthropy. He supervised the construction of a cathedral in Nicaragua; built a mission in Honduras; and founded Legatus, an international organization of Catholic CEOs. Mr. Monaghan is also Chancellor of Ave Maria University in southwest Florida.

Michael Novak

Mr. Novak is a Templeton award winner and director of Social and Political Studies at the American Enterprise Institute. He has also served as U.S. Delegate to the Conference on Security and Cooperation in Europe; U.S. Ambassador to the UN Human Rights Commission in Geneva; Adviser to the White House Office of Ethnic Affairs; and on the faculty at Harvard University, Stanford University, State University of New York, Syracuse University, and the University of Notre Dame. Mr. Novak is also a world-renowned theologian and author of numerous books.

Fr. Riccardo, STL

Fr. John Riccardo is a priest of the Archdiocese of Detroit. He was ordained in 1996, and is the pastor of Our Lady of Good Counsel Catholic Church in Plymouth, MI. Fr. Riccardo is the host of the radio show “Christ is the Answer,” which can be heard on many Catholic radio stations across the country, and has a passion for the new evangelization called for by the late Blessed John Paul II. Fr. Riccardo studied theology at the Gregorian University in Rome and received a Licentiate in Sacred Theology from the Pope John Paul II Institute for Studies on Marriage and the Family.

Paul R. Roney, CPA

Mr. Roney is Chairman of the Catholic Advisory Board. He is the Executive Director of the Ave Maria Foundation and President of Domino’s Farms Corporation. He also serves as Chairman of Shamrock Bank of Naples, Florida. Mr. Roney is a member of the Michigan Association of Certified Public Accountants and the American Institute of Certified Public Accountants.

Phyllis Schlafly

Mrs. Schlafly was named by Ladies’ Home Journal as one of the 100 most important women of the 20th century. Such recognition is due in part to her founding of Eagle Forum, a national volunteer, non-profit, pro-life, pro-family advocacy organization. She is a world-renowned author/editor of numerous books on subjects as varied as family and feminism, nuclear strategy, education and the judicial system.

Bowie K. Kuhn, Founding Chairman (1926-2007)

Former Commissioner of Major League Baseball, Bowie was active in many Catholic organizations and was instrumental in starting the Ave Maria Mutual Funds. He died March 15, 2007 but is still with us in spirit.

His Eminence Adam Cardinal Maida, Archbishop Emeritus of Detroit

Ecclesiastic Advisor to the Catholic Advisory Board