THE CATHOLIC FUNDS, INC.
                  CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

     I, Theodore F. Zimmer, the principal executive officer of The Catholic
Funds, Inc., certify that:

     1.   I have reviewed this report on Form N-CSR of The Catholic Funds, Inc.;

     2.   Based on my knowledge, this report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this report;

     3.   Based on my knowledge, the financial statements and the other
financial information included in this report, fairly present in all material
respects the financial condition, results of operations and changes in net
assets of the registrant as of, and for, the periods presented in this report;

     4.   The registrant's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
rule 30a-3(c) under the Investment Company Act of 1940) for the registrant and
have:

          (a)  Designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our supervision, to
ensure that material information relating to the registrant, including its
consolidated subsidiaries, is made known to us by others within those entities,
particularly during the period in which this report is being prepared; and

          (b)  Evaluated the effectiveness of the registrant's disclosure
controls and procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of a date within 90
days prior to the filing date of this report based on such evaluation;

     5.   The registrant's other certifying officer and I have disclosed, based
on our most recent evaluation, to the registrant's auditors and the audit
committee of the registrant's board of directors (or persons performing the
equivalent functions):

          (a)  All significant deficiencies or material weaknesses in the design
or operation of internal control over financial reporting which are reasonably
likely to adversely affect the registrant's ability to record, process,
summarize, and report financial information; and

          (b)  Any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrant's internal control
over financial reporting.

     Date:  December 8, 2004       /s/  Theodore F. Zimmer
                                   -----------------------------------
                                   Theodore F. Zimmer, President
                                   (Principal Executive Officer)

                            THE CATHOLIC FUNDS, INC.
                  CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER

     I, Allan G. Lorge, the principal financial officer of The Catholic Funds,
Inc., certify that:

     1.   I have reviewed this report on Form N-CSR of The Catholic Funds, Inc.;

     2.   Based on my knowledge, this report does not contain any untrue
statement of a material fact or omit to state a material fact necessary to make
the statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this report;

     3.   Based on my knowledge, the financial statements and the other
financial information included in this report, fairly present in all material
respects the financial condition, results of operations and changes in net
assets of the registrant as of, and for, the periods presented in this report;

     4.   The registrant's other certifying officer and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined in
rule 30a-3(c) under the Investment Company Act of 1940) for the registrant and
have:

          (a)  Designed such disclosure controls and procedures, or caused such
disclosure controls and procedures to be designed under our supervision, to
ensure that material information relating to the registrant, including its
consolidated subsidiaries, is made known to us by others within those entities,
particularly during the period in which this report is being prepared; and

          (b)  Evaluated the effectiveness of the registrant's disclosure
controls and procedures and presented in this report our conclusions about the
effectiveness of the disclosure controls and procedures, as of a date within 90
days prior to the filing date of this report based on such evaluation;

     5.   The registrant's other certifying officer and I have disclosed, based
on our most recent evaluation, to the registrant's auditors and the audit
committee of the registrant's board of directors (or persons performing the
equivalent functions):

          (a)  All significant deficiencies or material weaknesses in the design
or operation of internal control over financial reporting which are reasonably
likely to adversely affect the registrant's ability to record, process,
summarize, and report financial information; and

          (b)  Any fraud, whether or not material, that involves management or
other employees who have a significant role in the registrant's internal control
over financial reporting.

     Date:  December 8, 2004       /s/ Allan G. Lorge
                                   -----------------------------------------
                                   Allan G. Lorge, Vice President, Secretary
                                   and Chief Financial Officer (Principal
                                   Financial Officer)