CATHOLIC FOUNDATION FOR AND QUEENS

The 2013 Annual Report: Faith in Action The Catholic Foundation for Brooklyn and Queens provides financial grants OUR and other assistance to institutions and ministries of the Diocese of Brooklyn in support of the Church’s mission in Brooklyn and Queens, and administers the endowments and other funds entrusted to it. The Foundation is guided by principles of prudent stewardship while assuring that all investments are MISSION consistent with Catholic teachings. Dear Friends and Benefactors: Dear Friends in Christ, The year 2013 was a productive one The mission of the Church is constant, for the Catholic Foundation for yet it challenges us each day to change Brooklyn and Queens. The the way we think and how we do Foundation distributed $4 million to things. We at the Catholic Foundation advance the Church’s ministries for Brooklyn and Queens understand throughout Brooklyn and Queens, the mission of the Church to bring made substantial progress in furthering our Youth Evangelization Christ’s love and presence to His peo- and Migration initiatives and assisted ple and our response to that mission is several ministries of the Diocese with manifested in our endowments. tailored development programs. The Each of our endowments, the Core Joseph E. Geoghan Msgr. Jamie J. Gigantiello Foundation has also received a one Eight (Archbishop Bryan J. McEntegart million dollar pledge from a generous Fund for Catholic Education, Bishop benefactor to support the Youth initiative, for which we are most grateful. John Loughlin Fund for Evangelization & Religious Education, Bishop Charles E. McDonnell Fund for Vocations, Blessed John As you will see in the pages that follow, your generosity Paul II Fund for Lay Leadership Formation, Archbishop Thomas continues to make a direct impact on Catholic ministries, and more E. Molloy Fund for Care of Elderly Priests, Bishop Francis J. importantly, the people we serve. Foundation funding assisted over Mugavero Fund for Care of the Sick & Elderly, Bishop Thomas V. 200 students to attend World Youth Day in Brazil and helped Catholic Migration Services to assist our immigrant brothers and Daily Fund for Immigration, St. Charles Borromeo Fund for sisters in navigating the labyrinth of federal immigration Continuing Education for Clergy) and those which are donor regulations. Many of our efforts have a macro focus on ministries established, seek to address a need or challenge present to the but we refuse to lose sight of the importance of a micro focus on Church while it fulfills its mission. Some of the clear examples people as well. For example, the Foundation continues to support of this can be found in the Bishop Thomas Daily Fund which elderly priests in our community through the Kathie and provides support to Catholic Migration Services, allowing the Christopher Lawler Extraordinary Needs Fund for Senior Priests. Church to be Christ’s presence to the newly arrived. Funds such One of our grants brought three generations of Catholics together as this one have been established with the understanding that in a celebration of music at this year’s Generations of Faith concert the challenges of today may not be the challenges of tomorrow. at Immaculate Heart of Mary Church. And of course, we share in This is why we are constantly re-examining the areas of minis- the efforts of our sister foundation, Futures In Education, to keep try throughout the diocese of Brooklyn in an attempt to sup- our Catholic schools strong through our many educational grants and scholarship funds. port them where possible and address growing needs. Without question, the Catholic Foundation is making an impact We must also come up with new ways to fulfill the demands throughout the Diocese of Brooklyn. And this has been possible placed on financial assistance to the programs throughout the only because you, our benefactors, have confidence that the Diocese of Brooklyn by appealing to the faithful of the Diocese Foundation will be a prudent steward of your gifts, both in its who have built and continue to sustain the Church’s work here investment policies and in its grant programs. We try very hard to in Brooklyn and Queens. Our Foundation’s commitment to maintain that standard and we are blessed with a staff that is evangelizing the youth of our communities is a recent challenge without peer in their support of our commitment and their which we have asked you to invest yourselves into for the bet- dedication to the mission of the Foundation. terment of the future of the Church. I hope you will take the time to review this 2013 Annual Report, enjoy the articles on the different ministries we have highlighted, The Holy Father, Pope Francis, constantly reminds us of our see your contributions in action, review our financial statement, call to serve the poor. I look forward to continuing the journey and finally, check our Donor Roll. If you see that a friend, family with you as we support the efforts of our Bishop, Most member or colleague is not listed, but is passionate about our Reverend Nicholas DiMarzio, Ph.D., D.D., to bring Christ’s pres- mission, please be our advocate and spread the word about the ence to the spiritually, financially and physically poor of our Catholic Foundation. This Annual Report is so much more than a great diocese in Brooklyn and Queens. referendum on our accomplishments in 2013 – together we must I pray that the Lord will continue to look kindly upon and use it to set a rock-solid foundation for 2014 and beyond. As our Holy Father, Pope Francis, reminds us, we must continue bless the generosity of His people who desire to build up the to serve the underserved. We must continue to welcome the church in our neighborhoods and strive to be His disciples in stranger among us, and we must be ready to share our faith and our world today. love of our Lord, Jesus Christ with the next generation of Catholics, who are ready to follow in our footsteps. In Christ's Peace, Once again, thank you for your generosity and support. May God continue to bless you and your families. Sincerely, Msgr. Jamie J. Gigantiello Vicar for Development Diocese of Brooklyn Joseph E. Geoghan Chairman of the Board, Catholic Foundation for Brooklyn and Queens † PAGE 1 Catholicfoundationbq.org Youth Ministry REACHING OUT TO YOUNG CATHOLICS IN BROOKLYN AND QUEENS

CFBQ Catholic Youth Ministry Initiative young people camped out on Copacabana Beach for a The initiative is ending its second year, where CFBQ vigil prayer service and woke up to Sunday mass with provides funding to parishes to carry out, with Pope Francis. guidance from the Office of Faith Formation, the goals …and what the students had to say: of a comprehensive youth ministry program: “I have been lucky enough to attend three World ◊ Goal 1 - Empower young people to live as disciples Youth Days - Sydney, Australia in 2008, Madrid, Spain of Jesus Christ in our world today in 2011, and this past summer in Rio de Janeiro, Brazil. ◊ Goal 2 - Draw young people to responsible Attending World Youth Day has been an extraordinary participation in the life, mission and work opportunity that has changed my life forever. It of the Church opened my eyes to how, despite varying cultures and ◊ Goal 3 - Foster the personal and spiritual growth ways of life, we share a common bond through the of each young person Church and God. World Youth Day helped me to find the Holy Spirit within me, and gave me a better • 10 groups participating, representing 14 parishes in understanding of the . This life the Diocese of Brooklyn changing event helped me to connect with God and • Average number of youth actively participating per grow as a more faithful Catholic and young leader in group: 40 the Church. As the theme of World Youth Day asked • Target age group: Junior High and High School us to ‘Go and make disciples of all nations,’ I have students returned home inspired to spread God’s light • Languages spoken by participating youth: English, regardless of the darkness and fear that often Spanish, Italian, Creole, Tagalog paralyzes our world.” • CFBQ commitment of funds for 2013/2014: “World Youth Day was a truly incredible experience $220,000. that set my faith on fire by showing me the true meaning of the term ‘universal church.’ Seeing the youth of the “Our local parishes are looking for a way to connect world come together, in spite of all our differences, to with their youth,” says Paul Morisi, Coordinator of worship the same God that we all know and love, was a Adolescent and Young Adult Faith Formation at the truly beautiful and unforgettable experience.” Diocese of Brooklyn. “Through the Catholic Foundation, ten sites (both individual parishes and “Our spiritual hunger was fed through Jesus’s arms clusters of parishes) have been provided with the wide open to us atop Mount Corcovado, the examples funding, training and spiritual formation of a part-time of true love shown by Pope Francis and the working of youth minister. These youth ministers are able to the Holy Spirit in each of us throughout the week in engage the youth of the community and help them to Mass. This helped to bring the Lord back with us to encounter Jesus Christ.” and share Him with others.” World Youth Day in Rio de Janeiro “World Youth Day 2013 in Rio was a life-changing Additionally, this year, the Diocese of Brooklyn, event for me. It gave me the confirmation in my heart through the funding of the Catholic Foundation, was that being a priest and serving the people of God is able to send over 200 students to Rio de Janeiro for my mission and passion in life. Being able to worship World Youth Day. This international event, hosted by and celebrate our Catholic faith with people from Pope Francis, allowed the youth and young adults of around the world is a memory that will stay with me the Diocese of Brooklyn to experience their faith in a forever. I have become friends with people both in the new way. All pilgrims attended several liturgies and Diocese of Brooklyn and from around the world, and catechetical sessions with a Bishop from an English these friendships still remain strong today. I look speaking country, says Morisi. The event culminated forward to going to World Youth Day 2016 in Krakow - with an ‘overnight’ where approximately three million hopefully as a priest!”

† Catholicfoundationbq.org PAGE 2 YOUR DOLLARS AT WORK

Each year, Catholic Foundation for Brooklyn and Queens seeks ARCHBISHOP BRYAN J. MCENTEGART FUND FOR to fund worthy projects throughout the Diocese of Brooklyn CATHOLIC EDUCATION that advance its various ministries. Of the $4 million in Total Number of Grants Awarded: 37 Total Award Amount: $732,308 endowment fund disbursements, the Foundation approved Highlighted projects: grants totaling $2.4 million from its core 8 endowment funds while continuing to maintaining the principal of the funds ◊ Expanding the Use of Student Technology in the Common Core Standards Based Classroom - St. Kevin Catholic Academy through prudent management of investments. An estimated ◊ Creation of a Science, Technology, Engineering and Mathematics 30,000 of the faithful in Brooklyn and Queens benefitted (STEM) Center focusing on Robotics for students in Grades 6 through 8 - directly from the works of the funded projects with ripple St. Anselm Catholic Academy effects positively impacting tens of thousands more. In 2013, 114 ◊ iPads As a Tool for Learning in the Middle Grades Continued - St. Bernard School projects were implemented in 95 parishes, schools or religious ◊ St. Adalbert School Goes Green With Differentiated Instruction - St. Adalbert School organizations in the Diocese of Brooklyn. Below are samples of ◊ Technology Enhancement: Think “Out of the Box” for Common Core - the grants awarded listed by the source fund: Our Lady of Grace School ◊ Early Childhood Classrooms - Immaculate Conception School BISHOP JOHN LOUGHLIN FUND FOR FAITH FORMATION AND EVANGELIZATION ◊ Differentiated Instruction through the Use of Mobile Technology for Kindergartners - Queen of All Saints School Total Number of Grants Awarded: 35 The use of iPads in the Two-Way Immersion Network Program to teach English and Total Award Amount: $273,504 ◊ Mandarin - Most Holy Redeemer Catholic Academy Highlighted projects: ◊ St. Saviour Catholic Academy Science Enrichment Lab - ◊ Technology and Multi-Media Capabilities for Evangelization Efforts - St. Saviour Catholic Academy* Sacred Heart Church ◊ After School Enrichment Technology Program. - Salve Regina Catholic Academy ◊ Youth Leadership and Service Development - St. Mary Magdalene Church ◊ Outside Professional Development for the Diocesan Technology Committee ◊ Growing in Our Faith - St. Andrew Avellino Parish Funding - Office of the Superintendent ◊ Embracing the New Evangelization: Seeds to be Sown - * Saint Saviour Catholic Academy Science Enrichment Lab St. Clement Pope Church The addition of the science enrichment lab at St. Saviour Catholic ◊ Kairos Retreat - Bishop Loughlin MHS Academy has helped the school in many ways. All 378 students in the ◊ Teaching with Technology in CCD classrooms - Our Lady of Consolation Church* school have some opportunity for hands-on experience in the lab every ◊ To Aid The Bridge to Life’s Evangelization Efforts through Technology - week, whether working in small groups collaboratively, independently or The Bridge to Life, Inc. together with the whole class. The lab has allowed for the addition of a ◊ Youth Awakening! Making the Spirit Come Alive to Youth and Young Adults - St. STEM program as part of the elective offerings for the 5th-8th grade Nicholas of Tolentine Church students. Those students also use the lab to practice for the performance ◊ Coming Together to Grow in Faith - Most Holy Trinity - portion of the NYS Science exam. Other science programming and after- St. Mary Parish Religious Church school activities have been made possible and the lab has even become ◊ Age to Age: Generations of Faith Mission and Concert - home to several small plants and animals, giving the students the chance Immaculate Heart of Mary Church to interact and care for them. Besides the students’ increased interest in ◊ Annual Diocesan Youth Day Enhancement - Office of Faith Formation science, prospective parents and visitors to the school are impressed ◊ From Religious Education to Lifelong Faith Formation: Taking the First Steps - when they visit the facility - a great demonstration of some of what a Most Precious Blood Church Catholic education at St. Saviour Catholic Academy offers. ◊ HIYM-Holy Innocents Youth Ministry: Building the Future Now - Holy Innocents Church SAINT JOHN PAUL II FUND FOR LAY LEADERSHIP FORMATION * Technology in the CCD Classrooms - Our Lady Total Number of Grants Awarded: 14 of Consolation Church Total Award Amount: $285,734 The Polish religious education program at Our Lady of Consolation plays Highlighted projects: a vital and active role in the life of the parish as the main source of ◊ Young Adult Leaders for Tomorrow - Our Lady of Light Church catechesis for the next generation of Catholics. Today’s students learn ◊ Church Leadership for the Future - St. Andrew Avellino Church via the internet, computers and interactive multimedia. Implementing ◊ Lay Ministry Sunday - Pastoral Institute technology in the religious education classrooms has allowed the parish ◊ Faculty Day of Prayer and Professional Development - to use the learning tools of today to teach the timeless message of Christ Cathedral Preparatory Seminary and His Church to the 120 students who participate each week. The ◊ Annual Retreat for Parish Pastoral Associates - Diocesan Conference of impact goes beyond the classroom as students go to websites at home Pastoral Associates to continue the learning experience. Parents have had the opportunity to ◊ Stepping Outside to Reach and Teach - Christ the King Church engage with their children and the eagerness of the students to come to ◊ Professional Day for Parish Staffs - Secretariat for Catholic Education classes on Saturday demonstrates the success incorporating technology and Formation has brought to the faith formation program. ◊ Forming Lay Leaders-The New Evangelization - SS. Peter and Paul Church ◊ Catholic Migration Services Ethnic Apostolates Program - Catholic Migration Services, Inc. ◊ Forming Lay Parish Minsters as Leaders in the New Evangelization - Most Precious Blood Church † Catholicfoundationbq.org PAGE 3 The Catholic Foundation administers more than 100 Funds that ­provide a steady income for the Diocese of Brooklyn’s ministries and services, and for parishes, schools and other Catholic organizations. ENDOWMENT As of 12/31/13, we are privileged to manage the following list of Endowments and Designated Funds established by individuals just AND FUNDS like you who have wanted to leave a lasting gift to their church or a particular ministry to continue the work of Christ among us.

◊ Dr. Joyce M. Abdenour Memorial Scholarship Fund ◊ Angela Gigantiello Scholarship Fund ◊ Archangel Fund ◊ Anthony J. Gigantiello Scholarship Fund ◊ Thomas Barnwell Scholarship Fund for Futures ◊ Margaret Hardiman Memorial Scholarship Endowment Fund ◊ Rev. Monsignor Howard B. Basler Scholarship Fund ◊ Holy Child Jesus School Scholarship Endowment Fund ◊ Walter and Mary Jane Benson Memorial Scholarship Fund ◊ Deacon Thomas Heaphy Memorial Endowment Fund for for Holy Child Jesus School Religious Education at St. Mary Gate of Heaven ◊ St. Charles Borromeo Fund ◊ Hearst Fund for Futures ◊ Rev. Monsignor John J. Bracken Endowment Fund ◊ Detective Thomas Wesley Higdon, Jr. Memorial Scholarship Fund for St. Clare’s School ◊ George Campbell Scholarship Fund ◊ Holy Name School Scholarship Endowment Fund ◊ Rev. Michael and Philip Carrano Scholarship Fund ◊ Herbert H. Ihl Endowment Fund ◊ Cathedral Preparatory Seminary Fund ◊ Blessed John Paul II Fund ◊ Catholic Charities Endowment Fund ◊ Joseph-Turner Endowment Fund for St. Clare’s School ◊ Salvatore Conti, III Scholarship Endowment Fund for Nativity BVM School ◊ Rev. Louis J.P. Kennedy Endowment Fund ◊ Robert J. Cunningham Scholarship Endowment Fund ◊ Donald and Patricia Kennelly Angel Endowment Fund ◊ Mary Vose Daily Fund ◊ Keogh Family Scholarship Fund ◊ Bishop Thomas V. Daily Fund ◊ Peter and Karen Labbat Angel Endowment Fund ◊ Dominic Debonis Memorial Scholarship Fund ◊ St. Catherine Laboure Special Education Fund ◊ Dr. Joann M. DeLeonibus Scholarship Fund ◊ Kathie and Christopher Lawler Extraordinary Needs Fund for Senior Priests ◊ Mary Tuohy DeMola Scholarship Fund ◊ LJLM St. Sebastian School Scholarship Fund ◊ St. Vincent DePaul Charitable Trust Fund ◊ Lottie and Christina Scholarship Endowment Fund ◊ Frank DeRosa Endowment Fund for ◊ Bishop John Loughlin Fund ◊ Rev. Monsignor Richard F. Dunn Fund for Corpus Christi School ◊ Bishop Loughlin Memorial High School Endowment Fund ◊ Daniel Fitzpatrick, Catherine Fitzpatrick Donelan and Rev. ◊ Anne and Mary Mahon Scholarship Endowment Fund Dan Nelson Scholarship Endowment Fund ◊ Rev. Monsignor Neil Mahoney Memorial Scholarship Fund ◊ Thomas Flynn Angel Endowment Fund ◊ Sr. Mary Patrick McCarthy GNSH Scholarship Fund ◊ Freyland Family Endowment Fund for Catholic Education ◊ Bishop Charles E. McDonnell Fund ◊ Futures Fund ◊ Archbishop Bryan J. McEntegart Fund ◊ Generoso Pope Scholarship Fund ◊ Charles “Chuck” Mendez Angel Endowment Fund

† Catholicfoundationbq.org PAGE 4 ◊ Merlet and Graver Family Scholarship Fund ◊ St. Elizabeth Catholic Academy Angel Scholarship Endowment Fund ◊ Jennie and Edward Mills Fund for Catholic Education at St. Virgilius School ◊ St. Elizabeth Catholic Academy Scholarship Endowment Fund for High School ◊ Rev. Monsignor Eugene J. Molloy Scholarship Fund ◊ Stephen Russell Educational Endowment Fund for St. Rose ◊ Archbishop Thomas E. Molloy Fund of Lima School ◊ Mary Queen of Heaven Capital Needs Endowment Fund ◊ St. Adalbert Church School Endowment Fund ◊ Mary Queen of Heaven Parish Scholarship Endowment Fund ◊ St. Anselm Parish Whitcome Fund ◊ Bishop Francis J. Mugavero Fund ◊ St. Barbara Parish Endowment Fund ◊ Irene and Joseph Nastro Memorial Scholarship Fund ◊ St. Bernadette School Scholarship Endowment Fund ◊ Veronica O’Connor Endowment Fund ◊ St. Bernard Parish Elementary School Endowment Fund ◊ Our Lady Queen of Martyrs Parish Endowment Fund ◊ St. Giles Fund ◊ Our Lady Queen of Martyrs School Endowment Fund ◊ St. James Basilica Endowment Fund ◊ Our Lady of the Snows School Endowment Fund ◊ St. John’s Prep High School Scholarship Fund ◊ Ozanam Hall Extraordinary Needs Fund for ◊ St. Mark Education Endowment Fund Carmelite Sisters ◊ St. Monica’s Support Fund for Parishes in Jamaica ◊ Acsunta and Frank J. Passenant, Sr. Fund ◊ St. Paul the Apostle Parish Capital Needs Endowment Fund ◊ Pastoral Institute Scholarship Fund ◊ St. Saviour’s Parish Endowment Fund ◊ Endowment for Pastoral Life ◊ St. Sebastian Parish Altar Guild Fund ◊ Deacon Vincent and Carmen Pitaro Scholarship Fund ◊ St. Sebastian Parish Capital Needs Endowment Fund ◊ Rev. Monsignor Guy Puglisi Fund for Futures ◊ St. Sebastian Parish David V. Duchini Endowment Fund ◊ Queens Postal Fund for Futures ◊ St. Sebastian Parish Music Ministry Endowment Fund ◊ Daniel and Margaret Reid Scholarship Endowment Fund ◊ St. Sebastian Parish Scholarship Endowment Fund ◊ Fr. Reilly Memorial Endowment Fund for Queen of Peace Parish ◊ St. Sebastian Parish Thomas P. O’Neill Endowment Fund ◊ May Ellen and Gerald Ritter Foundation Scholarship Fund ◊ St. Sebastian Youth Ministry Endowment Fund ◊ Mary and Bruce Robert Catholic Educational Fund for ◊ Angela V. Siciliano Scholarship Endowment Fund St. Mary Gate of Heaven ◊ Dorothy and George W. Spall Scholarship Fund for St. Mary ◊ Lawrence and Elizabeth Sanchez and Lawrence Sanchez, Jr. Gate of Heaven School Scholarship Endowment Fund ◊ Edmund M. Speer Memorial Fund ◊ St. Sebastian Parish Endowment Fund ◊ Philip J. Whitcome Educational Fund ◊ St. Sebastian Parish Religious Education Fund

† Catholicfoundationbq.org PAGE 5 2013

The following list of benefactors made a contribution of $100 DONORS or more to the Catholic Foundation for Brooklyn and Queens in the 2013 Calendar Year (January 1–December 31).

106th Precinct Detective Squad Ms. Suzanne Blum Ms. Marie D. Cherenfant 41st Avenue Realty LLC Messrs. Alexander & Robert Boehler Mr. and Mrs. Frank Chiarchiaro A & M Eterminating Services Mr. Matthew Bogovich Mrs. Constance Chille A + T Technology & Security Solutions Bonardi Construction Ms. Norma Chong Acheson Doyle Partners Architects, P.C. Mr. John Boomer Christ The King R.C. Church Mrs. Ana Adorno Rev. Msgr. Edward J. Bottino Mrs. Annette Clark All Pro Horticulture, Inc. Rev. Msgr. John J. Bracken Anna F. Clarke Living Trust Mr. and Mrs. Vincent Alphonso Ms. Maura H. Brackett Miss Virginia Clines Mr. and Mrs. François & Huguette Andre Ms. Lloydia Braham Cobble Hill Financial Services, Inc. Annunciation of the BVM R.C. Church Mr. James Brennan Mr. Joseph Coen Approved Oil Co. of Brooklyn, Inc. Broadview Networks Community Counselling Service Co., LLC E. Armata, Inc. Fruit & Produce Broadway Stages Con Edison, Inc. Astoria Federal Savings Bank Mr. Darran Brown Mr. and Mrs. Joseph Concannon Mr. and Mrs. Gregory Auteri Ms. Gladys S. Brown Mr. and Mrs. James Connolly Automatic Lawn Sprinkler Co. Buchbinder Tunick & Company LLP Ms. Mercedes Connolly Mr. Christopher M. Bailey Mrs. Catherine J. Butler Muzio Conservative Party of New York State Baker Tilly Virchow Krause, LLP Ms. Jeanette Byrne Mr. and Mrs. Salvatore Corso Ms. Gloria B. Baniago C&S Gourmet Meals & Deli Inc. Mr. and Mrs. Martin J. Cottingham Ms. Jennifer Baptiste Mr. Gabriel G. Caesar Rev. George R. Cowan Mr. John Barnwell Mrs. Susan Calliste-Scott Craine Air Conditioning, Inc. Mr. and Mrs. Andrew Bassford George K. Campbell Scholarship Ms. Valerie L. Crawford Baumann, Dennis & Hochuli, LLP Mr. and Mrs. Walter Campbell Creter Vault Corporation Ms. Eileen Baxter Mr. and Mrs. Angel Capellan Mr. Robert J. Crimmins Rev. Msgr. August C. Bednartz, P.E. Capitol Elevator Co., Inc. Cristo Rey Brooklyn High School Ms. Patricia Bell Cardinal Spellman High School Cullen and Dykman, LLP Mr. and Mrs. Joseph Bellucci Mr. Peter Cardone Dr. and Mrs. John and Mary Curley Benchmark Graphics LTD Mr. and Mrs. Peter V. Cardone Cusumano Brothers, Inc. Rev. Msgr. Austin P. Bennett Carrier Mausoleums Construction Rev. Dominick F. Cutrone Mr. and Mrs. Carlo Bergonzo Mrs. Ellen Casey Cypress Hills Cemetery Mr. Arnie Bilotto Mr. Luis Caso Mr. Renold P. Damiani Bishop Kearney High School Rev. Msgr. David L. Cassato Ms. Susan Damiani Bishop Loughlin Memorial High School Castle Harlan, Inc. Mr. and Mrs. Robert Daniels Bishop Molloy Passionist Retreat House Mr. and Mrs. Robert B. Catell Dank Tree Experts Rev. Robert W. Blauvelt Catholic Cemeteries D'Arrigo Bros. Co. of New York, Inc. Blessed Sacrament R.C. Church Catholic Cemetery Guild The Schools and Academies of Blessed Sacrament School Br. Christopher Cato Deanery 10 & 11 Ms. Alicen Blum Gregory V. Ceci Design and Rev. Msgr. George T. Deas Mr. & Mrs. Brian and Melissa Blum Consulting Group, Inc. Ms. Mary Jane Del Vicario Mr. Brian P. Blum Gregory T. Cerchione Esq. The Al & Peggy DeMatteis Family Foundation Mr. and Mrs. Francis X. Blum Changing Our World, Inc. Mr. Michael J. Dempsey Mr. and Mrs. Kevin Blum Dr. Geraldine M. Chapey Mr. and Mrs. Frank DeRosa Mr. Kristian Blum Dr. and Mrs. Antoine Charles DeSales Media Group, Inc.

† Catholicfoundationbq.org PAGE 6 Detectives' Endowment Association, Inc. Gem Chemists, Inc. Holy Trinity R.C. Church Ms. Barbara R. Devito Mr. and Mrs. Joseph E. Geoghan Mr. John J. Howard Mr. Lawrence F. Di Giovanna Mrs. Karen Giardina Mr. Kevin Hughes Mr. and Mrs. Roger Diaz Mr. and Mrs. Robert Gibson Mr. Timothy Hurley Rev. Msgr. Conrad R. Dietz Mr. and Mrs. Robert Gilmartin Mr. George Hynes DKN Ready Mix LLC Mr. and Mrs. Robert Giugliano IABS Charities Inc. Ms. Ann Dolan Mr. James Giustizia Ideal Fence Corp. Mr. and Mrs. William F. Dolan Martin A. Gleason Funeral Home, LLC Herbert Ihl Trust Mr. and Mrs. Dan Donoghue Mrs. Maureen Moore and Immaculate Conception R.C. Church Ms. Catherine Donohoe Mr. Robert C. Golden Institutional Commodity Services Corp. Ms. Caroline Doyle Deacon and Mrs. Guillermo Gomez Island Wide Pressure Washing Mr. and Mrs. James P. Doyle Good Shepherd R.C. Church Ms. Yvonne T. Jackson Ms. Claire Dunne Mrs. Wilmer Graham Dierdre M. James, Esq. Mr. Michael Egan Grassi & Co. Ms. Shirley Jeanty Mr. and Mrs. William Egan Mr. and Mrs. Laurence Gray Ms. Bianca Johnson Ms. Nelsa Elias Graybeards, Ltd. Mr. John Jorgensen Nelsa Elias Green Bay Sanitation Corp. Dr. and Mr. Vilma Joseph-Turner Energy Fueling Systems Corp. 09-07 Ms. Mary E. Greene Ms. Carole A. Julien Ensure-A-Seal Ms. Eileen Gregan Juniors Produce Mrs. Elisa Evans Mr. and Mrs. John Grillo Ms. Susan M. Karcher Evergreen Recycling of Corona Ms. Susan M. Grimes Harry Katz Floor Coverings, Inc. Mr. Carmine Falco Group 1st LLC Mr. and Mrs. Paul Kaufman Mr. and Mrs. Joseph H. Farrell Mrs. George Grunig Mr. and Mrs. Adam Kazalski G. Fazio Construction Co. Inc. Mr. and Mrs. Dominick Guarna Mr. and Mrs. William M. Keane FBN Securities Inc. Mr. and Mrs. Fritz Guelly Mr. Joseph F. Keenan and Mrs. Anne L. Mr. Frank J. Fellone, Jr. Mrs. Michelle Guerrier Keenan Ferrara Brothers Building Materials Corp. Ms. Frances Guida Helen Keller Services For the Blind Mrs. Josephine Ferrier Ms. Noreen J. Haggerty Kelly Window Systems, Inc. Fieldpoint Private Bank and Trust Mr. and Mrs. Thomas Hanna Ms. Mary Jane Kimmins Ms. Eileen Fitzgerald Mr. and Mrs. Joseph Harkins Kings Hardware West Mrs. Mariette Fleury Mr. and Mrs. George Hart Ms. Teresa A. Klaum, Esq. Mr. and Mrs. Thomas F. Flood Mr. and Mrs. Peter Hayden Mr. and Mrs. James Kuroly Rev. Msgr. William J. Flood Hayes & O'Neill Associates, Inc. Peter and Karen Labbat Angel Ms. Jennifer Flynn Mr. and Mrs John Hearn Endowment Fund Mr. and Mrs. Michael Flynn Mrs. Catherine Herlihy Brogan Rev. Francis J. Labita Mrs. Joan Fogarty Ms. Dawn A. Hewitt Mr. and Mrs. Alexander H. Ladouceur Eric C. Fok, MD Mr. and Mrs Thomas Heyer Lane’s Floor Coverings & Interiors, Inc. Food Authority Mrs. Jane E. Higgins Mr. James Lanza Mrs. Marie Fouche Rev. Msgr. and Mrs. Lawrence E. Hinch Ms. Kathleen Lauria Mr. and Mrs. Nicholas and Helen Franki Mr. James Hogan Mr. Kevin Laurie Mr. and Mrs. Joseph Freda Ms. Madeline E. Hogan Mr. William K. Lavin Friends of Marty Golden Mr. Michael J. Holland Mr. and Mrs. Andrew Lawler Mrs. Paulette Galette Holtz Rubenstein Reminick, LLP Mr. Brendan Lawler Mr. and Mrs. Frank W. Galligan Holy Angels Catholic Academy Ms. Cathy M. Lawler Sister Angela Gannon, CSJ Holy Family R.C. Church Mr. Thomas Lawler Garguilo's Restaurant Holy Name Development Program Ms. Sandra G. Leary Ms. Kathleen T. Garry Holy Name of Jesus R. C. Church Lee Rain, Inc. The Honorable and Mrs. Anthony Gazzara Holy Spirit R.C. Church Mrs. Myoung Ja Lee

† Catholicfoundationbq.org PAGE 7 Letter Concepts Inc. Mr. and Mrs. Marcell Miller Our Lady of Fatima R.C. Church Mr. and Mrs Jack Levithan Ms. Patricia Miller Our Lady of Grace School Mrs. Mireille Leys Mr. and Mrs. Winston Miller Our Lady of Guadalupe R.C. Church Ms. Aileen Ligotti Mr. Christopher G. Mills Our Lady of Hope R.C. Church Ms. Maureen Jordan Lindie Ms. Linda Mills Our Lady of Miracles R.C. Church Mr. Arnold Lionel Mrs. Patricia E. Mills Our Lady of Mount Carmel R.C. Church Little Flower Tours & Travel Mr. William J. Mills Our Lady of Mount Carmel R.C. Church Mrs. Ursula Llewellyn Ms. Margaret Minson Our Lady of Perpetual Help Mr. Victor LoGiudice Dr. Margaret M. Minson and Catholic Academy Ms. Mary Ann Logue Mr. Arthur T. Minson Our Lady of Refuge R.C. Church Mr. and Mrs. James F. Lonergan, Jr. Ms. Erlinda Miranda Our Lady of Sorrows R.C. Church Ms. Catherine Lou Mr. and Mrs. Thomas J. Mitchell Our Lady of the Blessed Sacrament School Mr. and Ms. William Lynch Mr. Yorke Mizelle Our Lady of the Snows R.C. Church Mrs. Mary Macchiarola Mr. and Mrs. William & Sonia Mohr Our Lady of the Snows School Ms. Beverley Madar Mr. Aaron Molinar Our Lady Queen of Martyrs R.C. Church Maimonides Medical Center Ms. Marie Momplaisir Our Lady Queen of Martyrs School Rev. Msgr. John H. Maksymowicz Monitor Protection Co. Ozanam Hall of Queens Nursing Home, Inc. Mrs. Constance Marchisotto Deacon and Mrs. Ricardo Moreno Ms. Claire Haesook Paik Mr. and Mrs. Alfred Marciano Mr. and Mrs. James and Marie Moriarty Mr. Mark Palmer Mr. and Mrs. Peter Marconi Mr. James M. Moriarty, Jr. Ms. Maria A. Paniagua Mr. Rick Martino Most Holy Redeemer Catholic Academy Parish Property Management Inc. Mucci Family Foundation Mr. Rocco J. Pascarella, Jr. Mary of Nazareth R.C. Church Rev. Robert V. Mucci Mr. and Mrs. Laurence Passantino Mary Queen Of Heaven R.C. Church Mr. John Mulhall Anthony A. Pastorelli Funeral Home Inc. Mr. and Mrs. Joseph M. Mattone, Sr. Mr. Joseph Mulhall Mr. Nicolas Pena Mattone, Mattone, Mattone, Mattone, Mrs. Joan A. Mullaney Rev. Msgr. Joseph C. Pfeiffer Megna & Todd Mr. and Mrs. Felix T Mullen Picciano & Scahill, P.C. McCabe Family Rev. Msgr. Joseph C. Mulqueen Pitta Bishop del Giorno & Giblin, LLC Mr. and Mrs. George McCartney Ms. Dolores Mulvey Mr. and Mrs. Donald S. Powell Ms. Theresa McConnell Ms. Joanne Murray Avinash Pradhan, Architect Ms. Laurie M. McCorgray Rev. Jerome Nadine Mr. and Mrs. Daniel Prosseda Mr. John J. McDonnell Mr. and Mrs. Charles P. Nastro PS 214 Social Committee Ms. Bettyanne M. McDonough Judge Daniel E. Nastro Mr. and Mrs. Peter Purpura Mr. and Mrs. Thomas J. McElhinney New York Community Bancorp, Inc. Quantitative Management Associates Ms. Kathleen C. McEntegart Mr. and Mrs. Kenneth P. Nolan Queen of Peace R.C. Church Mr. Robert McGann Mrs. Josefina Nover Ms. Rebecca Quilapio Ms. Jane Ann McGettrick M.C. O'Brien, Inc. Ms. Maryellen Quinn Rev. Msgr. John A. McGuirl O'Connor Davies, LLP R.C. Diocese of Brooklyn McManus Mechancial Maintenance Mr. John T. O'Connor Mr. Daniel Rafferty Mr. and Mrs. Martin McManus Mrs. Theresa O'Daly Miss Greta Rafferty Mr. and Mrs. Martin M. McManus Mr. and Mrs. Joseph O'Doherty Mr. and Mrs. John D. Rafferty Mr. Frederick McNicholl Mr. Michael O'Keeffe Ms. Ellen Rhatigan Rev. John A. McShane Mr. and Mrs. Donald Olson May Ellen & Gerald Ritter Foundation Ms. Mildred McSkimming Mr. Emmanuel Osei-Tutu Ms. Velma Rivera Megan Electrical Enterprise Inc. & Dr. M. J. O'Sullivan Mrs. and Mr. Irene and Joe Roach Kayco Construction Corp. Rev. Msgr. Patrick F. O'Toole Ms. Susan Rochford Ms. Linda Mele Our Lady Help of Christians R.C. Church Mr. and Mrs. Tim F. Rochford Mrs. Angela Mercedes Our Lady of Angels R.C. Church Rockaway Artists Alliance, Inc. Merendino Contracting Inc. Our Lady of Czestochowa - Rocklyn Asset Corp. Mrs. Virginia Merschoff St. Casimir R.C. Church Ms. Elaine H. Rodriquez, Family

† Catholicfoundationbq.org PAGE 8 Mr. Vincent A. Rohan St. Brigid R.C. Church Mr. and Mrs. Richard and Gradita Teahan Mr. and Mrs. Samuel E. Romanzo St. Camillus - St. Virgilius R.C. Church Mr. and Mrs. Edward C. Tempesta Mr. and Mrs. George Romero St. Catharine of Alexandria R.C. Church N. Noel Testa, MD Rosary for Life, Inc. St. Catherine of Genoa-St. Therese of Lisieux Ms. Mary Thompson Mrs. Enid Blas Rosas Catholic Academy Rev. James L. Tighe Mr. and Mrs. Clifford and Marie S. Russell St. Clare Catholic Academy Tipp Floor Covering, Inc. Mr. and Mrs. William Russell St. Columba R.C. Church Top Banana, LLC Mr. and Mrs. James Ryan St. Elizabeth Catholic Academy Top Katz Brokers, LLC Mr. Thomas N. Ryan St. Ephrem R.C. Church Mr. and Mrs. Gerald Tortorella S. Katzman Produce, Inc. St. Francis College Mr. and Mrs. John Tramutola, Jr. Sacred Heart of Jesus R.C. Church St. Francis De Sales R.C. Church Transfiguration R.C. Church Sacred Heart R.C. Church St. Francis De Sales School Mr. and Mrs. Michael Trotta Mr. and Mrs. Albert Saldana St. Joan Of Arc R.C. Church Mrs. Eleen Trumpet McCallister Ms. Lisa Sampson St. John's Preparatory High School Mr. and Mrs. Daniel Tubridy Most Reverend Paul R. Sanchez St. John's University Mr. Robert L. Turner Mr. and Mrs. Vincent Santilli St. Joseph's College Mr. Eric Ulrich Ms. Susan Santo St. Kevin R.C. Church Mr. and Mrs. Petronio Umali Ms. Cindy L. Schreiner St. Leo R.C. Church USA Training Co., Inc. Mr. Joseph Sciame St. Leo School Mr. and Mrs. Peter F. Vallone, Sr. Mrs. Margaret Scully St. Luke School Mr. and Mrs. Joseph P. Velarde Ms. Helen Secreti St. Margaret R.C. Church Ms. Anne Ventimiglia Ms. Claire Marie Sejour St. Mark R.C. Church Mr. and Mrs. Joseph L. Vessecchia Mr. and Mrs. Donald C. Semon St. Mark School Ms. Karen Vicario Ms. Mary Anne Semon St. Mary Gate of Heaven Parish Ms. Catherine M. Walsh Ms. Clara Sergilus St. Mel R.C. Church Mr. and Mrs. John J. Walsh, Esq. Mrs. Ingrid A. Seunarine St. Michael R.C. Church Ms. Kathleen M. Walsh Mr. Joseph Shaia St. Nicholas of Tolentine R.C. Church Ms. Pamela Walsh Ms. Kristin G. Shea St. Patrick R.C. Church Mr. and Mrs. John C. Walton Sheepshead Bay Creamery, Inc. St. Paul the Apostle R.C. Church Mrs. Ana Maria Watanabe Miss Frances E. Sidlo St. Saviour R.C. Church Mr. and Mrs. John Weber Signature Bank St. Sebastian School Mr. and Mrs. John J. Welsh, Sr Ms. Lucia Sin St. Sebastian R.C. Church Mr. Eddie Wen Y. Wen-Yen Shih Sirena Restaurant Inc. St. Stanislaus Kostka R.C. Church Rev. Charles H. White Siri & Marsik Architects, P.C. St. Teresa of Avila - St. Anthony of Mr. Terrence A Whiteman Mr. and Mrs. Nicola A. Sisto, Jr. Padua R.C. Church Mr. and Mrs. Michael Wierzbicki Mr. Stanley Slomka St. Teresa of Avila R.C. Church Mrs. Victoria Williams Reverend Le Roy J Smith St. Teresa R.C. Church Ms. Diane Wilson Mr. and Mrs. Arthur Sonnick St. Thomas Aquinas R.C. Church Wingate Kearney & Cullen Mr. and Mrs. Thomas Sorrentino, Jr. St. Thomas the Apostle R.C. Church Mr. Michael Wlach, Jr. Mrs. Nancy Soto St. Vincent DePaul Charitable Trust Rev. John S. Wtulich Ss. Joachim and Anne School St. Virgilius Golden Age Club St. Anastasia R.C. Church Student Sponsor Partners Ms. Eve Faye Yan St. Andrew Avellino R.C. Church Ms. Ginny Stujenske Mr. Joshua Yanapa St. Anselm R.C. Church Ms. Fran Sullivan and Mr. John Brennan Mr. and Mrs. Richard F. Yanke St. Athanasius R.C. Church Most Rev. Joseph M. Sullivan, D.D.† Deacon and Mrs. Robert J. Zeuner St. Augustine R.C. Church Miss Rita A. Sweeney Jane R. Zucker, MD St. Bernadette R.C. Church Talon Graphics Printing & Mailing Co. Mr. and Mrs. Harry & Rose Zuzworsky St. Bernard Knights of Columbus Mr. Paul P. Tanico Council No. 14269 Ms. Lori Tavlin St. Bernard R.C. Church TD Bank

† Catholicfoundationbq.org PAGE 9 CATHOLIC FOUNDATION SUPPORTS CATHOLIC COMMUNICATIONS: EDUCATING, EVANGELIZING AND ENTERTAINING

Catholic Foundation for Brooklyn and Queens is proud to best use this new technology.DeSales also includes Catholic have expanded fundraising efforts to support the work of Telemedia Network (CTN), which has been serving the DeSales Media Group, the technology and communications educational and spiritual needs of the children in the schools arm of the Diocese. DeSales is the first such entity formed by and academies of the Diocese of Brooklyn for almost 50 years. a Diocese in the . CTN’s modern mission includes producing online educational DeSales’s cable channel, NET TV, broadcasts original content for diocesan elementary schools; bringing hardware, programming, including Currents (currentsny.tv), its flagship software and networking capabilities into schools; and training nightly news show, and several programs in Spanish. NET TV educators on how to best use this new technology. is available in the New York area on Time Warner Cable DeSales also operates several websites for the Diocese of channel 97, Cablevision channel 30 and nationally through Brooklyn and provides public relations, advertising, grant- Verizon FiOS On Demand, and netny.tv. funding and lobbying for several diocesan agencies. DeSales’ DeSales faithfully serves the large and growing Spanish- team offers in-depth experience in a variety of media fields, speaking Catholic population in Brooklyn and Queens with including journalism, television production, documentary Nuestra Voz, the monthly Spanish-language newspaper, and filmmaking, print media, web publishing, information Tu Fe Al Dia, a weekly Spanish-language program on NET TV technology, graphic design, photography, social media focusing on what the Catholic faith means in the everyday and more. lives of the Hispanic community in Brooklyn and Queens. DeSales also publishes its weekly Catholic newspaper, The Tablet, which covers local and international news from a Catholic point of view and has been serving the people of Brooklyn and Queens since 1908. With thetablet.org, a daily headlines email newsletter, and a mobile app, the newspaper now transcends its borders and serves a national and international Catholic populace. DeSales also includes Catholic Telemedia Network (CTN), which has been serving the educational and spiritual needs of the children in the schools and academies of the Diocese of Brooklyn for almost 50 years. CTN’s modern mission includes producing online educational content for diocesan elementary schools; bringing hardware, software and networking capabilities into schools; and training educators on how to

CATHOLIC FOUNDATION ENHANCES FUNDRAISING EFFORTS FOR CATHOLIC MIGRATION SERVICES

The mission of Catholic Migration Services (CMS) is to expressed her joy and relief at finally being granted the right welcome the stranger in our midst by empowering to remain in our country. underserved immigrant communities in Brooklyn and Queens, Ms. Siddiqui was a victim of various unfortunate regardless of religion or ethnicity. Catholic Foundation for circumstances: her family was persecuted in Pakistan for Brooklyn and Queens now serves as the fundraising office religious regions, forcing her husband to leave the country in for CMS, helping them further their important mission and order to find a job. Once he arrived in the United States, he vital work. applied for citizenship and sent for his family. Tragically, Mr. CMS provides comprehensive pastoral, educational, Siddiqui died in an accident just days before his family’s advocacy and legal services to advance equality and social citizenship was granted, and his wife and children faced justice in a changing and diverse population. deportation. At a recent benefit, CMS attorney Sharone Schwartz- Luckily, Ms. Siddiqui found Catholic Migration Services, Kaufman took to the stage to introduce her client Nasreen through which Ms. Schwartz-Kaufman has been by her side, Siddiqui and Nasreen’s son, Syed Tahir Siddiqui. Ms. Siddiqui, a serving as an advocate on her behalf throughout a complex Pakistani immigrant and a client legal battle that ultimately ended successfully for Ms. Siddiqui. Ms. Schwartz-Kaufman represented in removal defense Thanks to the work of CMS, she now resides safely in the U.S., litigation, shared her family’s struggle to stay in the United with no threat of deportation. States despite multiple attempts to gain legal status, and † Catholicfoundationbq.org PAGE 10 STATEMENT OF FINANCIAL POSITION DECEMBER 31, 2013 Assets Cash and cash equivalents $ 4,573,582 Investments 24,589,226 Restricted investments 43,556,305 Contributions and pledges receivable 830,906 Prepaid expenses and other assets 229,985 Furniture and equipment, net 12,268 Total Assets $ 73,792,272 Liabilities and Net Assets Liabilities: Accrued expenses $ 59,906 Grants payable 2,318,729 Total Liabilities 2,378,635 Commitments And Contingencies Net assets Unrestricted Board designated 4,065,324 Operating 1,548,407 Total unrestricted 5,613,731 Temporarily restricted 22,243,601 Permanently restricted 43,556,305 Total Net Assets 71,413,637 Total Liabilities And Net Assets $ 73,792,272 STATEMENT OF ACTIVITIES 2013 Unrestricted Operating Board Temporarily Permanently Designated Restricted Restricted Total Revenue, Gains and Support: Dividends and interest $ 41,992 $ 100,888 $ 1,408,024 $ - $ 1,550,904 Net unrealized and realized gain on investments - 105,739 8,890,930 - 8,996,669 Contributions 16,620 - 1,493,428 127,285 1,637,333 Fundraising events, net of direct cost of $58,294 307,471 - - - 307,471 Management fee income 610,072 - - - 610,072 Other fees 981,375 - - - 981,375 Net assets released from donor restrictions 5,180,106 - (5,180,106) - - Total Revenue and Support 7,137,636 206,627 6,612,276 127,285 14,083,824 Expenses: Program Service — charitable grant making 2,286,952 2,390,832 - - 4,677,784 Supporting Services: Management and general 2,297,496 111,579 - - 2,409,075 Fundraising 689,132 - - - 689,132 Total Expenses 5,273,580 2,502,411 - - 7,775,991 Change In Net Assets Before Board Designation 1,864,056 (2,295,784) 6,612,276 127,285 6,307,833 Board designation — grant making (2,460,728) 2,460,728 - - - Change In Net Assets (596,672) 164,944 6,612,276 127,285 6,307,833 Net Assets Beginning of Year 2,145,079 3,900,380 15,631,325 43,429,020 65,105,804 End of Year $ 1,548,407 $ 4,065,324 $ 22,243,601 $ 43,556,305 $ 71,413,637 † Catholicfoundationbq.org PAGE 11 All of us want to feel that we have made a lasting contribution to a better world; that our lives have touched others in meaningful ways; that our legacy will live on long after we are gone. This joy is often realized through our children, our friends and our families—but there is more. We also are enriched by the gifts we give to others less fortunate. By generously sharing our resources to help the Church’s mission, our legacy can reach beyond the boundaries of children and family and create a treasure for true life. Your gift to The WAYS Catholic Foundation can form that “lasting contribution to a better world.” At The Catholic Foundation, we make the most of planned gifts by investing them in endowment funds that have a perpetual TO existence. This means that a portion of the earnings generated by your gift—not the principal—will be used. Any additional earnings will be reinvested so that your gift may grow in value over time. Through the Foundation’s professional investment man- GIVE agement, your planned gift can become a wellspring of support for the parish, school, Catholic agency or ministry of your choice. Or, if you prefer your gift can be expended immediately in support of a particular Ministry or Parish or School.

Type of Gift Form of Gift Benefit to Church Benefit to You

Outright Gift • C a s h • Perpetual income • Income tax deduction • Stocks/securities • Interest income used by • No capital gains tax on • Real estate ­parishes, schools and appreciated gifts • Insurance organizations in the Diocese • Vehicle

Bequest • C a s h • Bequest will be held in • Possible estate tax • Real estate perpetuity and invested deduction • Personal property to fund Church needs as • Opportunity to make a • Percentage of estate designated by the donor perpetual gift • Remainder of estate • Remainder of estate after other obligations have been satisfied

Charitable • C a s h • Upon the death of the donor • Guaranteed fixed income Gift Annuities • Stocks/securities or last surviving annuitant, for life • Real estate remaining assets generate • Portion of income is tax-free interest income for Church • Income tax deduction • Reduction of estate taxes

Insurance • Name Catholic Foundation • Foundation receives full face • Opportunity to make sub- Policies for Brooklyn and Queens value of policy upon death stantial future gift to Church as policy owner and/or of the donor, or may receive at current manageable cost beneficiary current surrender value prior • Income tax deduction for to donor’s death value of the policy when transferred • Premium payments may be deducted as gifts

Charitable • C a s h • Foundation receives sub- • Variable or fixed income Remainder • Stocks/securities stantial future gifts to sup- • Option to defer income • Real estate port the work of the Church • Income tax deduction Trusts and the charities named by • Reduction of estate taxes the donor • No capital gains tax on appreciated gift (or deferral, in some instances)

Charitable • C a s h • Income for duration of trusts • At end of trust period, Lead Trusts • Stocks/securities helps Church meet spiritual, principal returns to donor • Real estate education, and social needs or heirs that exceed the capabilities • Principal can pass to others of most parishes, schools with little or no shrinkage and organizations • Tax deduction

Retirement • Name Catholic Foundation • Significant gift upon death • Opportunity to make a Plan/IRA for Brooklyn and Queens as of donor major gift beneficiary of death benefit • Estate and income tax savings

† Catholicfoundationbq.org PAGE 12 The Catholic Foundation for Brooklyn and Queens was founded in 1998 as the Alive in Hope Foundation. It is an independent, not-for-profit Corporation organized and existing under the laws of the State of New York. It is organized and operated exclusively for religious, charitable and educational purposes as described in Section 501(c)(3) of BOARD OF the Internal Revenue Code. The Bishop and two other priests of the Diocese are the Members. They appoint the Board of Directors who govern the Corporation. The DIRECTORS Directors are experienced men and women with extensive business, financial or legal backgrounds.

Chairman Kathleen L. McCormack, Esq. Administration Partner Joseph E. Geoghan Nicholas J. Vendikos Cullen and Dykman LLP Retired Vice-President, Director of Development General Counsel and Director of Alexander V. Rohan, Esq., John Notaro Union Carbide Corporation CFA, CPA Director of Operations and Programs Senior Vice President Board of Directors Investment Banking, Recapitalization Iris Bodre & Restructuring School Programs Coordinator Jill Arkwright-Harvey, CFA Jefferies & Company, Inc. Managing Director John Heyer II Fieldpoint Private Samuel Romanzo Development Officer Director Frank V. Carone, Esq. Peter Fifield Product and Business Development, Partner Database and Research Specialist Global Markets Financing & Futures Abrams, Fensterman, Fensterman, Bank of America Merrill Lynch Lauren McCormack Eisman, Formato, Ferrara, Eniger, LLP Development Coordinator John Walton Rev. Msgr. Jamie J. Gigantiello Managing Partner Erica Oleske Vicar for Development DVUV Holdings, LLC Associate Development Officer Diocese of Brooklyn Sylvia Sadlak Mary Jane McCartney Associate Director of Programs Retired Senior Vice President Gas Operations Aida Torres Consolidated Edison of New York, Inc. Associate Director of Operations 243 Prospect Park West Brooklyn, NY 11215

243 Prospect Park West Brooklyn, NY 11215 (718) 965-7375 www.catholicfoundationbq.org

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