Mission Statement
Carl Koch’s belief that he was “just a steward of the finances given by God to use on His behalf” inspired the commitment he and his wife, Paula, made to founding the Koch Foundation in 1979. The Foundation’s goals are to strengthen and to propagate the Roman Catholic faith by providing grant support for a wide variety of evangelization efforts. In considering applications, major emphasis is placed on sound but financially needy evangelical programs. The Koch Foundation is international in scope with no geographical preference.
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Letter from the Executive Director
As the Foundation celebrates its 30th anniversary we reflect back to the vision of our founders, Carl and Paula Koch had in starting the Foundation. They believed that as stewards of the finances given by God, they were committed to propagate the Roman Catholic faith. Since beginning in 1979, the Koch Foundation has grown from a small family Foundation into one of the largest Catholic Foundations in the United States. We at the Foundation have strived to ensure that Carl and Paula Koch’s vision is realized.
Carl was known for helping small parishes. In Florida he helped to build several churches and in South America he assisted in building small Catholic schools. He liked people who saw a void in religious services and extended the church into those areas. He supported people who could demonstrate their ability to evangelize and fill the spiritual need. When people would come to him for help he would ask, “How will my contribution help to spread the teachings of Catholicism?” How many people will be benefited and how can I tell?” He thought the success of the Foundation should be measured by the number of people we have helped to bring back to the Catholic Church or introduced to the faith for the first time.
In 1980 the Foundation under the direction of Mrs. Carolyn Bomberger, began distribution of funds to a small number of Catholic organizations. Over the next decade the Foundation’s assets grew and the number of organizations increased. The Foundation supported such projects as a new Catholic television network known as “The Eternal Word” and Mother Angelica, the foundress of the Catholic Network. We sponsored the Symposium on Renewal in Catholic Evangelization to address the multi-facet areas of evangelization. We also saw the death of both Carl Koch and Board mem- bers Mr. John Koch and Mr. Arthur Bomberger.
In the 90’s the Foundation continued to thrive with an average giving level of ten million dollars. The Foundation adopted St. Therese of Lisieux as the patron saint of the Foundation due to her
3 commitment to missions and in appreciation of her power to protect and inspire all of us in our mission of evangelization. Paula Koch, a converted Catholic, had a great love for St. Therese and took her name when she was confirmed.
In the year 2000 the Foundation celebrated the Great Jubilee building upon the relationships we developed over the years. We also saw the death of Paula Koch and the creation of the Paula Koch Memorial Fund. This memorial fund supported several grants including an endowed chair at the University of Florida Medical School.
The Foundation has been blessed with a dedicated board over the years, all of whom have brought a richness of experience and who have shared their time and talents with the Foundation. As with any organization we have experienced our share of growing pains, but Carl’s vision has endured. On behalf of everyone who has benefited from the support of the Foundation we would like to say thank you to each and every one of the Board members, both past and present, for all of their hard work and their willingness to serve the Foundation.
As the Executive Director, I would like to thank the staff of the Koch Foundation for the many years of service they have given to ensuring the requests and grants received by the Foundation are processed and readied for review by the Board of Directors.
From everyone at the Foundation, I would like to thank all of our recipients who have received support from the Foundation. Without your dedication to spreading the Good News, we could not achieve Carl’s vision. God continues to provide us with opportunities to share His word, and with a supportive Board of Directors and friends of the Foundation, we look forward to the next thirty years of evangelizing.
In Christ’s Name, Carolyn Young
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“But how can they call on him in whom they have not believed? And how can they believe in him of whom they have not heard And how can they hear without someone to preach? And how can people preach unless they are sent?” - Romans 10:14-16
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The word "evangelization" literally means, “communication of the gospel," or spreading the good news of Jesus Christ. Evangelization is the heart of the Catholic Church and through our baptism and confirmation, the Holy Spirit gives us the tools, graces and gifts we need to carry out this mission. Our responsibility is to know the basic teachings of Catholicism and be willing to share them with others.
Ongoing evangelization does not have to be a complicated and large scale program. It can as simple as looking for opportunities to share our faith with others through prayer, helping someone in need, visiting the sick, teaching our children how to pray, discussing our faith with non-Catholics, or reaching out to those who have strayed from the Church.
In recent years, the shortage of clergy and religious men and women has placed laity in the forefront of evangelization. Under the direction of religious, they have become powerful tools in teaching the Gospel in missions, parishes, remote villages, and in various ministries. They can be empowered to reach out to those who do not know Christ, or do not practice their faith, even those who may have rejected some of the teachings of the Church. We are also seeing a renewal in the Catholic Church from our young leaders using new media and technology to spread the Word in more creative ways, and reaching out to older adults that serve as ministers or mentors to a growing parish.
Our life is to be lived in gratitude toward God. It has been said that “people make the time for what they value most.” We must challenge each other as evangelists to reach out and share the teachings of Jesus Christ to all. We take seriously Carl Koch’s passion for spreading the Catholic faith throughout the world. Our prayer is that God will enable us to continue to do so faithfully and fearlessly. It’s up to all of us to “preach, because we have been sent.”
6 Direct Evangelization
“Behold I am sending my messengers a head of you; he will prepare your way.” - Mark 1:1
Since 1979 the Koch Foundation has supported all those who embrace the mission of evangelization as catechesis, religious men and women, laity and clergy. Their effort-like St. John the Baptist-have been entrusted with the mission of spreading the Good News by developing effective ways to reach all those who are in need of God’s saving Word. Catechists today face the difficult task of proclaiming the good news of Christ Jesus in such a way that it will be heard, accepted, and authentically understood. We continue to offer our support to those involved in this challeng- ing ministry. The Koch Foundation funds Direct Evangelization programs and religious activities that directly support, strengthen, and spread the Catholic proclamation of Christ’s Gospel.
7 Direct Evangelization
Grantee Grant Amount Ngong Diocese, Nairobi,Kenya $10,000.00
Masaka Diocese, Masaka,Uganda $10,000.00
St. Matthew Catholic Church, Ripley, Mississippi $10,000.00
St. Mark Catholic Church, Ackerman, Mississippi $10,000.00
Immaculate Heart of Mary Church/St. Francis of Assisi Church $10,000.00 Aberdeen, Mississippi
Our Lady of Guadalupe Mission/St.Christopher Catholic Church $10,000.00 Claxton, Georgia
Poor Clare Sisters, Lome, Togo $10,000.00
St. Chistopher Catholic Church, Pontotoc, Mississippi $10,000.00
St. Joan of Arc Catholic Church, Windsor, North Carolina $10,000.00
Holy Family Catholic Church, Metter, Georgia $10,000.00
SS. John and Elizabeth Catholic Church, Grayson, Kenucky $10,000.00
LAMP Ministries, Inc., New York, New York $15,000.00
Holy Child Jesus Society, American Province, Drexel Hill, Pennsylvania $15,000.00
St. Jude Thaddeus Catholic Church, Waldron, Arkansas $10,000.00
St. Luke the Evangelist Catholic Church, Bruce, Mississippi $10,000.00
St. Francis de Sales Church, Moorhead, Minnesota $8,000.00
Sisters of St. Francis of Philadelphia, Aston, Pennsylvania $15,000.00
Yendi Diocese, Yendi, Ghana $15,000.00
L’Arche Harbor House, Jacksonville, Florida $10,000.00
St. Mary Student Parish, Lansing, Michigan $15,000.00
Houma-Thibodaux Diocese, Houma-Thibodaux, Louisiana $20,000.00
Friends of CHRISTUS Santa Rosa Foundation, San Antonio, Texas $20,000.00
St. Gonzaga Gonza Kagoma Parish, Jinia Uganda $8,000.00 Guest House, Inc., Lake Orion, Michigan $10,000.00
St. Joseph of Tarbes Sisters, Nairobi,Kenya $13,000.00
Franciscan Missionaries of Our Lady of Peace, San Ysidro, California $10,000.00
8 Direct Evangelization
Grantee Grant Amount
Sisters, Servants of Mary, Ministers to the Sick, Inc., New York, New York $15,000.00
Indian Missionary Society, Uttar Pradesh, India $10,000.00
Poor Clare Sisters of Cortona, Cortona, Italy $10,000.00
Rosalie Hall, Inc., New York, New York $15,000.00
Palm Beach Diocese, Palm Beach Gardens, Florida $6,000.00
Ursuline Sisters of St. Jerome,Manila,Philippines $7,000.00
San Antonio Archdiocese, San Antonio, Texas $10,000.00
St. Francis of Assisi Catholic Church, Booneville, Mississippi $5,000.00
St. Joseph Church, Waite Park, Minnesota $5,000.00
St. Luke the Evangelist Catholic Church, Bruce, Mississippi $10,000.00
Community of Holy Rosary and St. John the Evangelist, Columbus, Ohio $15,000.00
Focolare Movement, Kinshasa, Ufficio Corrieri,Vatican City $10,000.00
Opifices Christi Missionary Priests, Pangasinan Province,Philippines $10,000.00
Dominican Sisters, Congregation of Blessed Imelda, Bratislava, Slovakia $20,000.00
Idukki Diocese, Kerala,India $6,800.00
Lumen Christi Institute, Chicago, Illinois $10,000.00
Dominican Sisters of Peace, Oxford, Mississippi $15,000.00
Christ the King Catholic Church, Fulton, Mississippi $10,000.00
Catholic Rural Ministry, Port Allegany, Pennsylvania $5,000.00
Dodge City Diocese, Dodge City, Kansas $15,000.00
Sisters of the Cross and Passion, Salford,Ireland $15,000.00
Maramures Diocese, Baia Mare,Romania $8,000.00
St. Joseph Seminary College, St. Benedict, Louisiana $16,000.00
El Paso Diocese, El Paso, Texas $20,000.00
Calvert House, University of Chicago, Chicago, Illinois $15,000.00
Franciscan Friars of Illinois, Chicago, Illinois $15,000.00
Our Divine Saviour Catholic Church, Tifton, Georgia $10,000.00
9 Direct Evangelization
Grantee Grant Amount St. Mary, Mother of the Redeemer Church, Norwalk, Ohio $15,000.00 St. Philip Neri Catholic Mission, Hawthorne, Florida $5,000.00
Catholic Rural Ministry II, Oil City Deanery, Oil City, Pennsylvania $8,000.00
Immaculate Heart Retreat Center, Spokane, Washington $10,000.00
St. Mary of Mt. Carmel Church, Long Prairie, Minnesota $8,000.00
Indianapolis Archdiocese, New Albany, Indiana $20,000.00
Catholic Media Center, Kyiv,Ukraine $7,000.00
Eucharistic Heart of Jesus Sisters, Kaunas,Lithuania $10,000.00
St. Joseph Sisters of St. Augustine, St. Augustine, Florida $20,000.00
Ukrainian Greek Catholic Church Commission on Evangelization $15,000.00 Lviv, Ukraine Notre Dame School Sisters, Atlantic-Midwest Province, Baltimore, Maryland $10,000.00
Ukrainian Greek Catholic Church Commission on Evangelization $15,000.00 Lviv, Ukraine
Tarlac Diocese, Tarlac City, Philippines $20,000.00
St. Felix of Cantalice, Mother of God Queen of Poland Province $8,000.00 Warsaw, Poland
St. Augustine Diocese, Jacksonville, Florida $15,000.00
Dominican Sisters of Charity of the Presentation of the Blessed Virgin Mary $20,000.00 Dighton, Massachusetts
Discalced Carmelite Nuns of Jolo, Zamboanga City,Philippines $15,000.00
St. John Neuman Church, Aberdeen, Mississippi $10,000.00
Holy Redeemer Catholic Church,, Vanceburg, Kentucky $10,000.00
Resurrection Catholic Chapel, Moulton, Alabama $10,000.00
Catholic County of Bertie County, Windsor, North Carolina $10,000.00
St. Theresa Mission Church/St. Francis of Assisi Church, $5,000.00 Aberdeen, Mississippi
Holy Cross Congregation, Eastern Province, Bridgeport, Connecticut $10,000.00
School for Adult Catechesis, Kaunas, Lithuania $15,000.00
Salesians of St. John Bosco, Cebu City, Philippines $8,000.00
10 Direct Evangelization
Grantee Grant Amount
Ernakulam-Angamaly Archdiocese, Kerala, India $9,000.00
Society of the Catholic Apostolate, Arusha,Tanzania $9,249.00
Eucharistic Missionaries of St. Dominic, St. Catharine, Kentucky $35,000.00
Society of Jesus, Assam,India $4,000.00
Pastoral Universitaria Normalista Arquidiocesana, La Paz,Bolivia $5,000.00
Our Lady of Hope Catholic Parish, Philadelphia, Pennsylvania $15,000.00
Catholic Community Services of Southern Arizona, Inc.,Tucson, Arizona $12,000.00
Catholic Network of Volunteer Service, Takoma Park, Maryland $10,000.00
Community of St. Egidio, USA, Inc., New York, New York $20,000.00
St. Joseph Sisters of Northwestern Pennsylvania, Erie, Pennsylvania $20,000.00
Notre Dame School Sisters, Atlantic-Midwest Province, Wilton, Connecticut $15,000.00
L’Arche U.S.A., Portland, Oregon $15,000.00
St. Lawrence Catholic Campus Center, Lawrence, Kansas $10,000.00
Fellowship of Catholic University Students, Inc.,Greeley, Colorado $15,000.00
Franciscan Outreach Association, Chicago, Illinois $20,000.00
St. Luke Institute, Inc., Silver Springs, Maryland $20,000.00 Sisters of St. Anne of Tiruchirapalli, Tamil Nadu,India $8,000.00
Franciscan Order of Friars Minor - Hong Kong $20,000.00
St. Joseph’s Cathedral Parish, Jinja,Uganda $8,000.00
Prison Outreach Ministry, Fort Washington, Maryland $15,000.00
Divine Word Missionaries, Asuncion,Paraguay $15,000.00
St. John the Baptist Catholic Church, San Lorenzo, California $10,000.00
Farmworker Ministry Office, Apopka, Florida $10,000.00
CRUDEM Foundation, Ludlow, Massachusetts $53,600.00
AmeriCares Foundation, Inc., Stamford, Connecticut $75,000.00
______Office of Multicultural Ministry, St. Cloud Diocese, St. Cloud, Minnesota $10,000.00 104 Grants $1,370,649.00
11 Preparation of Evangelists
“If anyone wishes to come after me, he must deny himself and take up his cross daily.” - Luke 9:23
As the Catholic Church continues to grow, so too does the need for trained individuals capable of assisting the clergy and religious in spreading the Word. Over the past thirty years, the Koch Foundation has supported men and women who have heard the call and responded by evangelizing in through the ministry of vocations and helping one another to see our lives as a response to God’s call “of taking up His Cross” and denying themselves daily to follow Christ.
The Preparation of Evangelist is a major focus of the Koch Foundation through education, religious formation and spiritual development of lay leaders. We assist programs which prepare individuals and groups for the work of proclaiming the Kingdom of God in the wisdom of the Catholic faith.
12 Preparation of Evangelists
Grantee Grant Amount
Center for Franciscan Reflection, Guatemala $10,000.00
Kokstad Diocese, Kokstad, South Africa $20,000.00
Marian College, Fond du Lac, Wisconsin $15,000.00
San Jose de Amazonas Apostolic Vicariate, Loreto, Punchana, Iquitos,Peru $20,000.00
Discalced Carmelite Friars, California-Arizona Province, Redlands, California $10,000.00
Calvary Hospital, Bronx, New York $15,000.00
Lviv Ukrainian Archdiocese, Lviv,Ukraine $8,000.00
International Theological Institute for Studies on Marriage and the Family $15,000.00 Austria Franciscan Friars Minor, Venetian Province of St. Anthony of Padua Marghera $15,000.00 Italy
Jesuit Conference, Society of Jesus in the United States $15,000.00 Washington, District of Columbia
St. Mary Basilica, Natchez, Mississippi $20,000.00
Society of Our Lady of the Most Holy Trinity, Kansas City, Missouri $15,000.00
Philothea Missionary Society, Nairobi,Kenya $10,000.00
Regina Mundi Church, Tamil Nadu,India $3,000.00
Catechetical Centre, Kumasi,Ghana $4,000.00
Sisters of Mercy of the Americas, Buffalo, New York $8,000.00
Beaumont Diocese, Beaumont, Texas $10,000.00
Yauyos Prelature, Lima, Peru $10,000.00
Santa Familia Centre, San Ignacio, Belize $5,000.00
Franciscan School of Theology, Franciscan Friars, $15,000.00 St. Barbara Province, Berkeley, California Purwokerto Diocese, Purwokerto, Indonesia $10,000.00
Buziku Catholic Parish, Biharamulo, Tanzania $10,000.00
Blessed Edmund Rice School for Pastoral Ministry, Arcadia, Florida $15,000.00
Parish Neighborhood Renewal Ministry, Little Falls, Minnesota $5,000.00
St. Xavier University, Chicago, Illinois $12,000.00
13 Preparation of Evangelists
Grantee Grant Amount
Musoma Diocese, Musoma, Tanzania $15,000.00
All Hallows College, Dublin,Ireland $10,000.00
Franciscan Sisters of Little Falls, Little Falls, Minnesota $10,000.00 Multicultural Institute, Berkeley, California $10,000.00
Maria Stella Maris Pastoral Center, Jeremie,Haiti $40,000.00
Holy Faith Sisters, Downey, California $15,000.00
St. Francis of Assisi Sisters, St. Francis, Wisconsin $25,000.00
Catholic World Mission, Hamden, Connecticut $20,000.00
Catholic Charismatic Renewal-Ghana, Kumasi,Ghana $6,000.00
Daughters of Mary Help of Christians, Haledon, New Jersey $8,350.00
Banska Bystrica Diocese, Banska Bystrica,Slovakia $15,000.00
Life and Faith Institute, Kaunas ,Lithuania $12,000.00
Heart’s Home USA, Brooklyn, New York $10,000.00
Society of the Divine Word,Sao Paulo,Brazil $5,000.00 Holy Cross Hospital Legacy Institute, Fort Lauderdale, Florida $20,000.00
St. Bartholomew Parish, Cusco,Peru $10,000.00
Berhampur Diocese, Orissa,India $20,000.00
Salesians of Don Bosco, St. Joseph Province, Andhra Pradesh,India $15,000.00
Loyola University New Orleans, New Orleans, Louisiana $35,000.00
Spring Hill College, Mobile, Alabama $20,000.00
Pensacola-Tallahassee Diocese, Pensacola, Florida $10,000.00
Sacred Heart of Jesus Missionary Sisters, New York, New York $20,000.00 Our Lady of the Miraculous Medal Parish, Hinche,Haiti $8,400.00
Youth Ministry Team, Durham,England $15,000.00
Christian Brothers Conference, United States-Toronto Region $15,000.00 Washington, District of Columbia
Society of St. Vincent de Paul of Alameda County, Oakland, California $10,000.00
Center for Human Development, Accra,Ghana $15,000.00
14 Preparation of Evangelists
Grantee Grant Amount Society of Jesus, Chicago Province, Chicago, Illinois $10,000.00
St. Francis de Sales Missionaries, East Africa Province, Morogoro,Tanzania $5,000.00
Congregation of the Mission of St. Vincent de Paul, Dublin,Ireland $15,000.00
Uganda Catholic Charismatic Renewal, Kampala,Uganda $10,000.00
Instituto de Formacion Filosofica Intercongregacional de Mexico $10,000.00 Jalisco,Mexico
Purwokerto Diocese, Jawa Tengah,Indonesia $15,000.00
St. Augustine Propadeutic Seminary, Jawa Tengah,Indonesia $15,000.00
Missionaries of Christ the Mediator, Tamaulipas,Mexico $15,000.00
St. Albert’s College, Ranchi, Jharkhand,India $15,000.00
Chicago Archdiocese, Chicago, Illinois $15,000.00
Yauyos Prelature, Lima,Peru $12,000.00
Alpha Omega Family Center, Inc., Thornwood, New York $20,000.00
Franciscan Friars Minor, Venetian Province of St. Anthony of Padua $15,000.00 Marghera,Italy
Higher Spiritual Seminary of the Most Sacred Heart of Jesus $15,000.00 Kyiv Oblast,Ukraine
Redemptorist Fathers, Ceará,Brazil $15,000.00
Holy Cross Brothers, Midwest Province, Note Dame, Indianapolis $15,000.00
Port-de-Paix Diocese, Port-de-Paix ,Haiti $15,000.00
Congregation of the Passionists, Scranton, Pennsylvania $10,000.00
St. Joseph’s Monastery, Jatai, Benedictine Monks, Goias,Brazil $15,000.00
Marians of the Immaculate Conception Congregation, Warsaw,Poland $15,000.00
Augustinian Order, Our Mother of Good Counsel Province, Olympia Fields $15,000.00 Illinois Redemptoris Mater Archdiocesan Missionary Seminary, Kearny, New Jersey $15,000.00
Las Cruces Diocese, Las Cruces, New Mexico $15,000.00
Sioux Falls Diocese, Sioux Falls, South Dakota $15,000.00 Sacred Heart Major Seminary, Detroit, Michigan $30,000.00
15 Preparation of Evangelists
Grantee Grant Amount
Benedictine Monks of Chicago, Chicago, Illinois $10,000.00 Oblates of the Virgin Mary, St. Ignatius Province, Boston, Massachusetts $25,000.00
Society for the Propagation of the Faith, New York, New York $300,000.00
Monastery of Christ in the Desert, Abiquiu, New Mexico $8,000.00
St. Joseph College Seminary, Chicago, Illinois $20,000.00
Oratory of St. Philip Neri Congregation, Pontifical Rite, Brooklyn, NewYork $15,000.00
Carmelite Order, Indonesian Province, Jawa Timur,Indonesia $15,000.00
Marians of the Immaculate Conception Congregation, Stockbridge $15,000.00 Massachusetts
Cristalandia Prelature, Cristalandia Tocantins, Brazil $15,000.00
Daet Diocese, Camarines Norte,Philippines $15,000.00
Belleville Diocese, Belleville, Illinois $10,000.00
Congregation of the Mission, Midwest Province, Earth City, Missouri $5,000.00
Puerto Plata Diocese, Puerto Plata,Dominican Republic $12,000.00
Santarem Diocese, Santarém - Pará,Brazil $20,000.00
Byzantine Catholic Seminary of SS Cyril and Methodius $15,000.00 Pittsburgh, Pennsylvania Franciscan Missionaries of the Eternal Word, Irondale, Alabama $15,000.00
Benedictine Fathers of Sacred Heart Mission, St. Gregory’s Abbey $15,000.00 Shawnee, Oklahoma
Franciscan Monastery, Washington, District of Columbia $15,000.00
Sacred Hearts of Jesus and Mary Missionaries, Fairfield, Pennsylvania $15,000.00
Holy Cross Congregation, Eastern Province, Bridgeport, Connecticut $15,000.00
Franciscan Friars Minor, Seraphic Province of St. Francis $20,000.00 S. Maria Deglie Angeli,Italy
Ternopil-Zboriv Eparchy, Ternopil,Ukraine $10,000.00
Franciscan Friars, Province of the Sacred Heart of Jesus $5,000.00 Third Order Regular of St. Francis, Loretto, Pennsylvania Gregorian University Foundation, New York, New York $15,000.00
16 Preparation of Evangelists
Grantee Grant Amount
Franciscan Friars, Vice Province of St. Benedict of the Amazon $20,000.00 Santarem- Pará, South America Monastery of Our Lady of Light, Myanga, Bungoma,Kenya $20,000.00
Poor Clares of Nigeria, Ijebu-Ode, Ogun State,Nigeria $10,000.00
Poor Clares Monastery, Kamonyi, Kigali,Rwanda $15,000.00
Lovers of the Holy Cross Sisters, Los Angeles, California $15,000.00
Perpetual Adoration of the Blessed Sacrament Sisters, Chula Vista, California $15,000.00
Bikira Maria Association of Poor Clares, Mbarara,Uganda $15,000.00
Common Franciscan Novitiate, Joliet, Illinois $10,000.00
Lovers of the Holy Cross of Go Vap, Ho Chi Minh City,Viet Nam $15,000.00
Our Lady of Mount Carmel Sisters, Discalced Carmelite Nuns, Reno, Nevada $15,000.00
Poor Clare Sisters, Kokstad,South Africa $15,000.00
St. Ann Sisters, Londrina , Brazil $15,000.00
Parish Visitors of Mary Immaculate Sisters, Monroe, New York $15,000.00
Franciscan Clarist Congregation, St. Thomas Province, Kerala,India $4,000.00
Dominican Sisters of Mary, Mother of the Eucharist, Ann Arbor, Michigan $20,000.00
Disciples of the Lord Jesus Christ, Prayer Town, Texas $20,000.00
Missionary Sisters of the Holy Family, Komorow,Poland $15,000.00
Monastery of Our Lady of Light, Myanga, Bungoma,Kenya $15,000.00
Handmaids of the Sacred Heart of Jesus, Wyncote, Pennsylvania $15,000.00
Benedictine Sisters, Missionary Guadalupan Sisters of Christ, the King, Mexico $15,000.00
Carmelite Sisters of Our Lady, Piapi, Dumaguete City,Philippines $15,000.00
Holy Family of Nazareth Sisters, Rome,Italy $15,000.00 Missionary Sisters of the Society of Mary, Latin America Province, Lima,Peru $4,000.00
Sisters of Charity of Seton Hill, Kwang’ju ,Korea $15,000.00
Holy Cross Sisters, Juli Prelature Canto Grande, Lima, Peru $15,000.00
St. Ann Sisters Congregation, Lima,Peru $10,000.00
17 Preparation of Evangelists
Grantee Grant Amount Infant Jesus Society Sisters, Cape Coast,Ghana $12,000.00 Daughters of Mary Help of Christians, Sacred Heart of Jesus, Karnataka,India $12,000.00 School Sisters of St. Francis, Milwaukee, Wisconsin $15,000.00
School Sisters of Notre Dame, Rome, Italy $15,000.00
St. Benedict Sisters of Ferdinand, Ferdinand, Indianapolis $12,000.00
St. Ann Sisters, Bamenda,Cameroon $20,000.00
Dominican Sisters of St. Cecilia Congregation, Nashville, Tennessee $20,000.00
St. Placid Priory, Benedictine Sisters, Lacey, Washington $7,500.00
Daughters of Mary Immaculate Congregation, San Antonio, Texas $15,000.00
______Catholic Theological Union, Chicago, Illinois $15,000.00 137 Grants $2,213,250
18 Catholic Schools
When Jesus saw this he became indignant and said to them,
“Let the children come to me; do not prevent them, for the kingdom of God belongs to such as these. Amen, I say to you, whoever does not accept the kingdom of God like a child will not enter it.” - Mark 10:14-15
Young people are a valued treasure and the future leaders of our Church. It is the responsibility of the entire Catholic community—bishops, priests, deacons, religious, and laity—to continue to strive towards the goal of preparing our students, with God’s help, to accept the Kingdom of God and to contribute to the world as responsible Christian citizens. As we accept the Word of God, like the faith of a child, we too can enter the Kingdom of God.
The Koch Foundation provides funding for schools in poor resource areas where Catholic Schools are the primary means of evangelization. The Foundation also funds innovative programs that have the potential for providing future Church leaders.
19 Catholic Schools
Grantee Grant Amount Archbishop Carroll High School, Washington, District of Columbia $10,000.00 Divine Providence Congregation, Melbourne, Kentucky $15,000.00 Salesians of St. John Bosco, San Francisco Province,San Francisco, Califorina $10,000.00 Sekondi-Takoradi Diocese, Takoradi,Ghana $8,000.00 Notre Dame High School for Girls, Chicago, Illinois $8,000.00 Sisters of Charity of the Most Precious Blood, Yogyakarta, Indonesia $10,000.00 Blessed Sacrament School,San Antonio, Texas $15,000.00 New Orleans Archdiocese, New Orleans, Louisiana $20,000.00 Brothers of the Christian Schools, Midwest District, Burr Ridge, Illinois $10,000.00 Stratford Catholic Regional School System, Stratford, Connecticut $10,000.00 St. Gregory the Great High School, Chicago, Illinois $10,000.00 St. Anthony of Padua Parish, Vieux-Bourg, Jeremie, Haiti $25,000.00 Daughters of Divine Love Congregation, Enugu, Enugu State, Nigeria $10,000.00 St. Mary of the Angels Parish, Chicago, Illinois $10,000.00 South City Deanery Parish School of Religion, St. Louis, Missouri $10,000.00
Sisters, Servants of the Immaculate Heart of Mary, Immaculata, Pennsylvania $10,000.00
St. Martin de Porres High School, Waukegan, Illinois $10,000.00
Sister Thea Bowman Catholic School, Belleville Diocese, East St. Louis, Illinois $15,000.00
St. James Catholic School, Miami, Florida $25,000.00
St. Rita of Cascia High School,Chicago, Illinois $10,000.00
St. Anthony of Padua Catholic School, Greenville, SC $40,000.00
Joplin Area Catholic Schools, Joplin, Missouri $6,209.00
Holy Trinity Catholic High School, Temple, Texas $10,000.00
Holy Cross Brothers, Midwest Province, Note Dame, Indiana $8,000.00
Immaculate Conception School, Marrero, Louisiana $30,000.00
Cristo Rey New York High School, New York, New York $15,000.00
Don Bosco Cristo Rey High School, Takoma Park, Maryland $20,000.00
Metro Catholic School, Cleveland, Ohio $8,000.00
20 Catholic Schools
Grantee Grant Amount Benedictine Sisters,Elizabeth, New Jersey $10,000.00 St. Gerard Catholic High School, San Antonio, Texas $34,000.00
St. Joseph Catholic School, Madison, Mississippi $7,000.00
St. Ann’s Church, Carthage, Missouri $15,000.00
Catholic Central School, Buffalo, New York $20,000.00
Holy Rosary Academy, Anchorage, Alaska $20,000.00
Church of the Holy Name, AuSable Forks, New York $15,022.00
St. Joseph of Lalomas Parish, Gonaives,Haiti $22,000.00
Order of the Blessed Virgin Mary of Mercy, LeRoy, New York $20,000.00
______San Juan Diego Catholic High School, San Juan, Texas $20,000.00 38 Grants $571,231
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Mass Media
“But you will receive power when the Holy Spirit comes upon you, and you will be my witnesses in Jerusalem, throughout Judea and Samaria, and to the ends of the earth." - Acts 1:8
Catholic evangelization is not only catechesis. Clergy or religious men and women witnessing to groups or individuals through the use of modern communication and information technology has provided new opportunities for individuals and society to learn about the power of Christ’s Word. Many of our young leaders in the Catholic Church have an affinity for this new means of communication, and have taken on the responsibility of evangelizing using digital technology.
The Koch Foundation provides funding for Mass Media efforts which carry the Word of God into all parts of the world.
22 Mass Media
Grantee Grant Amount
St. Margaret Mary Church of Drake, Drake, North Dakota $10,000.00
Mount Carmel Church, Kortampet, Tamil Nadu,India $9,000.00
Carmelite Communities Associated, Cleveland Heights, Ohio $5,000.00
Paulist National Catholic Evangelization Association, $75,000.00 Washington, District of Columbia Verdem Dei Center (Word of God Through the Media) $15,000.00 Anyigba, Kogi State,Nigeria
Cilicia degli Armeni Patriarch, Beirut,Lebanon $10,000.00
Nakuru Diocese, Nakuru,Kenya $8,861.00
Kaya Diocese, Kaya,Burkina Faso $25,000.00
Buena Nueva Comunicacion Rosario, Santa Fe,Argentina $20,000.00
______Trenton Diocese, Trenton, New Jersey $11,000.00 10 Grants $188,861
23 Capital Expenditures
“It is he who shall build a house for my name. And I will make his royal throne firm forever.” - Sammuel 7:13
The Church’s primary mission of evangelization is often conducted in churches, schools, congrega- tion houses, and other buildings. As a faithful people it is our way to glorify God, or enhance the prayer experience by deepening our understanding and appreciation of our ever developing relationship and enhance our liturgical worship towards a deeper theological appreciation.
The Koch Foundation provides financial resources in the form of Capital Expenditures to build or repair church buildings, convents, monasteries, and religious formation centers throughout the world.
24 Capital Expenditures
Grantee Grant Amount
Marianists U.S. Province, St. Louis, Missouri $10,000.00 St. Jude Catholic Chapel, Embu,Kenya $10,000.00 Nazareth Sisters of the Annunciation, Meru,Kenya $15,000.00 Kitui Diocese, Kitui,Kenya $15,000.00
Holy Ghost Fathers, District of Kenya, Nairobi,Kenya $10,000.00
Sisters of Mary of Kakamega, Kakamega,Kenya $15,000.00
Irene Center for Blind Girls, Meru,Kenya $10,000.00
Holy Ghost Fathers, District of Kenya, Nairobi,Kenya $15,000.00
Kithangaini Parish, Machakos,Kenya $15,000.00
Bughe Parish, Wolayta, Soddo,Ethiopia $7,000.00
Ghimbichu Kidane Mihiret Parish, Hosanna,Ethiopia $10,000.00
Daughters of Mary Sisters, Kitabi Convent, Bushenyi,Uganda $15,000.00
Order of Friars Minor, Franciscan Foundation of Blessed Joseph Vaz, $25,000.00 Hong Kong
Guntur Diocese, Andhra Pradesh,India $8,000.00
Lugazi Diocese, Lugazi, Mukono $10,000.00
Dominican Sisters, Indonesia, Jakarta,Indonesia $15,000.00
Dong Lieu Church, Nam Dinh,Vietnam $8,000.00
Dominican Sisters of St. Rose of Lima, Ho Chi Minh City,Vietnam $15,000.00
Assisi Sisters of Mary Immaculate, Sacred Heart Provincialate, $15,000.00 Maharashtra,India St. Patrick Parish, San PedroIvory Coast $20,000.00
Blessed Trinity Catholic Church, Ocala, Florida $10,000.00 Dai Dien Parish, Vinh Phuc,Viet Nam $15,000.00
St. Michael’s Cathedral, Chikwawa,Malawi $14,000.00
St. Thomas Aquinas Catholic Parish, Antique,Philippines $7,000.00
St. Peter of Baraderes Parish, Les Cayes,Haiti $42,000.00 Our Lady of Penafrancia Parish, Camarines Sur,Philippines $10,000.00
25 Capital Expenditures
Grantee Grant Amount
Our Lady of Mount Carmel Parish, Bas-Limbe, Cap-Haitien,Haiti $55,538.00
St. John Mary Vianney Parish, Iringa City,Philippines $6,716.00
Cameldolite Nuns, Zamosc-Lubaczow Diocese, Tyszowce,Poland $15,000.00
Daughters of the Pure Heart of Virgin Mary, Yarmolintsi, Ukraine $8,000.00
Franciscan Missionary Brothers, St. John de Britto Southeast $10,000.00 Region, Tamil Nadu,India
St. Mary’s Malankara Catholic Church,Kerala,India $8,000.00
St. Peter’s Malankara Syrian Catholic Church, Kerala,India $20,000.00
Holy Cross Fathers, India $15,000.00
Claretian Missionaries, Chennai Province, Tamil Nadu,India $10,000.00
St. Theresa’s Malankara Catholic Church, Kerala,India $10,000.00
Sisters of St. Anne of Tiruchirapalli, Tamil Nadu,India $15,000.00
St. Michael’s Higher Secondary School, Gingee, Tamil Nadu,India $8,000.00 Mother of Sorrows Servants of Mary Congregation, Tamil Nadu,India $15,000.00
Tieu Thuong Parish, Ha Noi,Viet Nam $15,000.00 Gia Trang Parish, Ha Noi,Viet Nam $15,000.00 Con Ba Parish, My Tho, Tien Giang,Viet Nam $15,000.00
Marianists, U.S. Province, St. Louis, Mossouri $10,000.00
Tho Trang Parish, Binh Thuan,Viet Nam $12,000.00
Phu Sa Parish, Nha Trang, Khanh Hoa,Viet Nam $10,000.00
Dai On Parish, Chuc Ly Church, Ha Noi,Viet Nam $10,000.00
St. Thomas Aquinas Major Seminary, Makurdi, Benue State,Nigeria $20,000.00
St. Francis de Sales Missionaries, East Africa Province, Morogoro,Tanzania $10,000.00
Bannakaroli Brothers, Masaka Diocese, Kyotera,Uganda $15,000.00 St. Thomas of Aquin Parish, Les Cayes,Haiti $12,000.00
Sinon Parish, Arusha,Tanzania $20,000.00 Missionary Sisters of Mary Mother of the Church, Lira,Uganda $10,000.00
26 Capital Expenditures
Grantee Grant Amount Franciscan Sisters of St. Joseph, Tamil Nadu, India $25,000.00 St. Agnes Home for Children, Tamil Nadu, India $10,000.00 Holy Ghost Congregation, Nigeria Province, Abuja, Nigeria $10,000.00
St. Ignatius Mission, St. Ignatius, Montanan $25,000.00
Dominican Sisters, Jakarta, Indonesia $15,000.00
St. Vincent de Paul Catholic School, Long Beach, Mississippi $50,000.00 Chembe Parish, Mansa, Zambia $8,000.00
St. Paul’s Parish, Amakom, Kumasi, Ghana $10,000.00 St. Therese of the Infant Jesus Parish of Derriere Fort, Les Cayes, Haiti $5,000.00
Our Lady of the Nativity Parish of Gros Marin, Les Cayes, Haiti $15,000.00 Lweza Catholic Parish, Kajjansi, Uganda $5,000.00 Muhinda Catholic Parish, Manyovu, Kigoma, Tanzania $15,000.00
St. John the Evangelist Parish, Takoradi, Ghana $15,000.00
Franciscan Sisters of St. Joseph, Kisii, Kenya $7,000.00
St. Benedict Ndama Catholic Parish, Rukungiri, Uganda $15,000.00
Bannakaroli Brothers, Masaka Diocese, Kyotera, Uganda $10,000.00
Cistercians of the Strict Observance in Massachusetts, Inc.,Wrentham, $15,000.00 Massachusetts Our Lady of Usambara Congregation, Korogwe, Tanzania $15,000.00
Yendi Diocese, Yendi, Ghana $20,000.00 SS. Cyril & Methodius Greek Catholic Parish, Miedzyrzecz, Poland $5,000.00
Nsakaluba Catholic Parish, Mwense, Zambia $9,000.00
St. Francis Xavier’s Church, Kombadimadurai Parish, Tamil Nadu, India $15,000.00
Marianites of Holy Cross, New Orleans, Louisiana $300,000.00 Sacred Heart Parish, Thiruvarangam, Tamil Nadu, India $10,000.00
St. Joseph’s Catholic Church, Kerala, India $10,000.00 Immaculate Heart of Mary, Mother of Christ Sisters, Onitsha $30,000.00 Anambra State, Nigeria
27 Capital Expenditures
Grantee Grant Amount
Ursuline Sisters, St. Louis, Missouri $250,000.00
St. Alphonsus Catholic School, Langdon, North Dakota $20,000.00 St. Ephraem School,Tamil Nadu, India $10,000.00
Marthandom Diocese, Tamil Nadu, India $20,000.00
Malankara Catholic Church, Kannacode, Tamil Nadu, India $15,000.00
Franciscan Missionaries of Mary, Colombo, Sri Lanka $30,000.00
Sisters of the Order of Augustinian Recollects, Ahuacatlan de Jesus $15,000.00 San Luis Potosi, Mexico
St. Waclaw Church, Zhytomir, Ukraine $20,000.00
St. Mary’s Malankara Catholic Church, Vettiyar, Kerala, India $20,000.00
Litindo Sub-Parish, Mpapa Parish, Mbinga, Tanzania $4,000.00
Apostles of Jesus Missionary Congregation, Nairobi, Kenya $10,000.00
St. Peter Parish, Sikonge, Tabora, Tanzania $8,000.00
St. Martin de Porres Catholic Parish, Kiomboi, Tanzania $15,000.00
St. Ursula Parish, Arequipa, Peru $25,000.00
Our Lady of the Assumption Parish, Arequipa, Peru $15,000.00
Discalced Carmelite Fathers, Warsaw Province, Warsaw, Poland $30,000.00
Sisters of St. Joseph of Springfield, Holyoke, Massachusetts $15,450.00
Co-Cathedral of St. Thomas More, Tallahassee, Florida $10,000.00
Franciscan Missionaries of Mary, New York, New York $20,000.00 Kumbo Diocese, Kumbo, NW Province, Cameroon $10,000.00
St. Francis de Sales Missionaries, East Africa Province, Morogoro, Tanzania $8,000.00
Daughters of Carmel, Jawa Barat, Indonesia $15,000.00
Sisters of Mercy of St. Charles Borromeo, Makeni, Zambia $20,000.00 Khammam Diocese, Andhra Pradesh, India $15,000.00
Franciscan Clarist Missionaries of the Blessed Sacrament $20,000.00 Mother Seraphina Province, Assam, India
28 Capital Expenditures
Grantee Grant Amount
Sisters of St. Anne of Tiruchirapalli, Tamil Nadu, India $8,000.00 Andhra Little Sisters Society, Shanti Bhavan, Andhra Pradesh, India $10,000.00
Agape Center, Dar-es-Salaam, Tanzania $15,000.00
Our Lady of Fatima Parish, Urambo, Tabora, Tanzania $10,000.00
Apostolic Carmel Sisters, Kerala, India $15,000.00
Missionary Sisters of the Holy Family, West Allis, Wisconsin $15,000.00 St. Francis Sisters of Millvale, Pittsburgh, Pennsylvania $15,000.00
Sisters of St. Joseph of Medaille Congregation, LaGrange Park, Illnios $252,000.00
St. Jude Community Center, New Orleans, Louisiana $150,000.00
Our Lady of Grace Center, Manhasset, New York $10,000.00
St. Francis de Sales Missionaries, East Africa Province, Morogoro,Tanzania $9,000.00
Carmelite Sisters, Institute of Our Lady of Mount Carmel, Rome, Italy $30,000.00
Sisters of the Holy Family, New Orleans, Louisiana $200,000.00
Immaculate Heart Sisters of Africa, Musoma, Tanzania $15,000.00
Discalced Carmelite Nuns of New Orleans, Covington, Louisiana $25,000.00
Daughters of Divine Love Congregation, Enugu State, Nigeria $10,000.00
Congregation of the Mission, Puerto Rico Province, San Juan, Puerto Rico $10,000.00 Holy Trinity Catholic Church, Glen Burnie, Maryland $20,000.00
Kumrokhalli Catholic Church, West Bengal, India $15,000.00
Bannakaroli Brothers, Masaka Diocese, Kyotera, Uganda $10,000.00
Katimba Parish, Queen of Apostles, Masaka, Uganda $10,000.00
Sisters of Mercy of the Holy Cross, Namugongo, Kampala, Uganda $10,000.00 Bernardine Franciscan Sisters, Reading, Pennsylvania $10,000.00
St. Augustine’s Church, Peru, New York $15,000.00
Our Lady of Mount Carmel Congregation, Lacombe, Louisiana $250,000.00
Capuchin Friars Minor, Vice Province of St. Father Pio, Kyiv, Ukraine $20,000.00 Carmelite Sisters of the Infant Jesus Congregation, Marki, Poland $25,000.00
29 Capital Expenditures
Grantee Grant Amount
Discalced Carmelite Friars, Manjummel Province, Kerala, India $15,000.00
Society of Jesus, Madurai Province, Tamil Nadu, India $20,000.00
Children of God Relief Fund, Inc., Nairobi, Kenya $20,000.00
Most Holy Name of Jesus, Western Dominican Province, Oakland, California $15,000.00
St. Bonaventure Church, Underwood, North Dakota $5,000.00
Poor Clare Nuns, Monastery of St. Clare, Mondragon, Philippines $25,000.00
Society of the Sacred Heart, Santiago, Chile $10,000.00
Missionary Society of St. James the Apostle, Boston, Massachusetts $20,000.00
Dominican Order, Polish Province of the Order of Preachers, Warsaw, Poland $20,000.00
St. Paul Catholic Church, Kagadi Parish, Hoima, Uganda $15,000.00
Little Sisters of St. Francis, Kasarani Region House, Nairobi,Kenya $20,000.00
Little Sisters of Mary Immaculate of Gulu, Uganda $10,000.00 St. Francis de Sales Missionaries, Morogoro, Tanzania $15,000.00
Cape Coast Archdiocese, Cape Coast, Ghana $15,000.00
St. Paul’s Catholic Church, Denkyira Asikuma, Dunkwa-on-Offin, Ghana $15,000.00
Sekondi-Takoradi Diocese, Takoradi, Ghana $14,000.00
Living Waters International, Inc., Deerbrook, Wisconsin $15,000.00 St. Francis de Sales Missionaries, Morogoro,Tanzania $15,000.00 Magagnosse-Labadie Parish, Cap-Haitien, Haiti $15,000.00
St. Joseph’s Church, Nellikuppam, Tamil Nadu, India $15,000.00
Carmelites of Mary Immaculate, Gujarat, India $15,000.00
Carmelites of Mary Immaculate, Madhya Pradesh, India $20,000.00 Blessed Chavara Kuriakose Elias’ Church, Edayoorkunnu, Kerala, India $10,000.00
Mother of Carmel Congregation, Christu Jyothi Province, Andhra Pradesh, India $20,000.00 St. George Church, Puthupady, Kerala, India $10,000.00
St. Joseph’s Pontifical Seminary, Kerala, India $15,000.00 St. Anne’s Charitable Institute, Kerala, India $10,000.00
30 Capital Expenditures
Grantee Grant Amount
Holy Rosary Church, Palayamkottai, Tamil Nadu, India $10,000.00
St. Antony’s Church, Porathur, Kerala, India $15,000.00 St. Augustine Church and Catholic Student Center, Gainesville, Florida $15,000.00
Lugazi Cathedral Parish, Lugazi, Uganda $15,000.00
Ntund Catholic Parish, Lugazi, Uganda $10,000.00
St. Catherine Academy, Fairfield, Connecticut $20,000.00
Jesuit University of Philosophy and Education, Krakow, Poland $10,000.00
St. Peter-Sacred Heart, Danbury, Connecticut $10,000.00
Oblates of Mary Immaculate, Asunción, Paraguay $15,000.00
Immaculate Heart Sisters of Africa, Musoma, Tanzania $10,000.00
San Antonio Archdiocese, San Antonio, Texas $15,000.00 Discalced Carmelite Friars, California-Arizona Province, Redlands, Califorina $20,000.00
Wino Catholic Parish, Songea,Tanzania $10,000.00
Our Lady of the Perpetual Heart, Les Caye, Haiti $35,330.00
St. Peter the Apostle Catholic Church, Takoradi, Ghana $15,000.00
St. John’s Secondary School, Sekondi, Ghana $14,000.00
Premonstratensian Sisters, Trzyciaz, Poland $20,000.00
St. Therese of the Infant Jesus Missionary Catechists, Quezon, Philippines $15,000.00 Holy Trinity Ukrainian Greek Parish, Tovste Church,Ternopil, Ukraine $10,000.00
Little Servants of Mary Immaculate, Johannesburg, South Africa $20,000.00
Vung Liem Parish, Vinh Long, Vietnam $20,000.00
Raigarh Diocese, Chhattisgarh, India $15,000.00
St. Joseph’s Church, Kerala, India $15,000.00
Phu Ly Parish, Ha Noi, Vietnam $15,000.00
Luong Van/Hoa Da Parish, Hue,Viet Nam $10,000.00
Missionaries of the Blessed Sacrament, Kerala, India $15,000.00
31 Capital Expenditures
Grantee Grant Amount Sacred Heart Church, Kalambattupuram, Kerala, India $10,000.00
Phuc Lam Parish, Luu Xa Ngoai Church, Ha Noi, Vietnam $15,000.00
Vihung Parish, Hau Giang, Vietnam $15,000.00
St. Mary’s Forane Church, Thariyode, Kerala, India $15,000.00
Satna Diocese, Madhya Pradesh, India $10,000.00
Carmelite Fathers, Province of the Most Pure Heart of Mary, Darien, Illinois $30,000.00
Bishop Kazimiero Paltaroko School, Panevezys, Lithuania $30,000.00 Port-de-Paix Diocese, Port-de-Paix, Haiti $10,000.00
Jasikan Diocese, Jasikan, Ghana $10,000.00
Destitute Sisters, Antsirabe, Madagascar $10,000.00
St. Emmanuel Catholic Parish, Mochudi, Botswana $15,000.00 Donkorkrom Apostolic Prefecture, Dokorkrom, Ghana $25,000.00
St. Ignatius College Prep, Chicago, Illinois $10,000.00
Jesuit International Missions, Inc., Chicago, Illinois $15,000.00
Good Shepherd Sisters, Nairobi, Kenya $30,000.00
St. Jude Catholic Parish, Kampala, Uganda $20,000.00
St. Peter’s Catholic Church, Gomoa Nyanyano, Accra,Ghana $20,000.00
Evangelizing Sisters of Mary, Nairobi, Kenya $11,000.00
Benedictine Sisters of Tutzing, Tutzing, Germany $20,000.00
St. Joseph Catholic Church, Carolina Islands $30,000.00
St. Francois de Sales Parish, Vaudreuil, Fort Lauderdale, Florida $32,790.00
Living Waters International, Inc., Deerbrook, Wisconsin $10,000.00
St. Francis de Sales Missionaries, East Africa Province, Morogoro, Tanzania $15,000.00 Cetatele Greek Catholic Parish, Maramures, Romania $10,000.00 Sisters, Servants of the Immaculate Heart of Mary, Scranton, Pennsylvania $15,000.00
Our Lady of the Rosary Catholic Church, Kampala, Uganda $20,000.00
Sacred Heart Brothers, Angelo Province, Tamil Nadu, India $20,000.00
32 Capital Expenditures
Grantee Grant Amount
St. Eugene Catholic Chapel, Tallahassee, Florida $20,000.00
Blessed Virgin Mary Parish/Sanctuary, Sefwi Adabokrom, Brong Ahafo, Ghana $19,000.00
Evangelizing Sisters of Mary, Nairobi, Kenya $15,000.00
Mercy Sisters, Mansa Diocese, Mansa, Zambia $10,000.00 Holy Family Parish, Ipuli, Tabora, Tanzania $15,000.00
St. Mary’s Church, Kerala, India $15,000.00
St. Katharine Drexel Project, Philadelphia, PA $30,000.00 Holy Cross Congregation, Eastern Province, Bridgeport, Connecticut $15,000.00
Montfort Missionaries, U.S. Province, Ozone Park, New York $15,000.00
Sacred Heart Malankara Catholic Church, Kerala, India $15,000.00
St. Anthony’s Church, Ayravathanallur, Tamil Nadu, India $20,000.00
Atan Catholic Parish, Ijebu-Ode, Ogun State, Nigeria $10,000.00
St. Thomas the Apostle Missionary Society, Kerala, India $10,000.00
St. Francis Xavier’s Forane Church, Kerala, India $15,000.00
St. John’s Forane Church, Kerala, India $10,000.00
St. Thomas Apostolic Seminary, Kerala, India $15,000.00
St. John’s Mission Center, Andhra Pradesh, India $10,000.00
Carmelite Fathers, Province of the Most Pure Heart of Mary, Darien, IL $12,000.00
St. Antony’s Mission Church, Manjalumoodu, Tamil Nadu, India $12,000.00
St. Joseph’s Cathedral Parish, Jinja, Uganda $8,000.00
Our Lady of Lourdes Parish, Gwollu, Ghana $15,000.00
St. Ann Sisters of Providence,Andhra Pradesh, India $10,000.00
Carmelites of Mary Immaculate, Andhra Pradesh, India $6,000.00
Piarist Fathers, Polish Province, Krakow, Poland $15,000.00
Carmelite Fathers, Province of the Most Pure Heart of Mary, Darien, Illinois $8,000.00
Bwikara Catholic Parish, Hoima, Uganda $10,000.00
St. Joseph Parish, Agona-Amenfi, Asankrangwa, Ghana $15,000.00
33 Capital Expenditures
Grantee Grant Amount
Mepu Mission Post, Binh Thuan, Vietnam 15,000.00 Our Lady of Assumption Catholic Church, Ceres, South Africa $20,000.00 St. Francis de Sales Missionaries, Nagpur, India $10,000 Good Shepherd Sisters, Mid-North America Province, St. Louis, Missouri $30,000.00
Franciscan Friars, Vice Province of St. Benedict of the Amazon, $20,000.00 Santarem-Para, South America Beaumont Diocese, Beaumont, Texas $15,340.00
St. Patrick’s Church, Gainesville, Florida $1,000,000.00
Franciscan Missionary Brothers, St. John de Britto Southeast $8,000.00 Tamil Nadu, India
Vellore Diocese, Tamil Nadu, India $4,000.00
St. Bruno Ssaza Jubilee Parish, Masaka,Uganda $9,000.00
Capuchin Province of the Stigmata of St. Francis, Wilmington, Delware $15,000.00
Sisters of St. Francis of Mary Immaculate, Joliet, Illinois $15,000.00
Our Lady of Trust Pakwach Catholic Church, Pakwach, Uganda $5,750.00
Kigaaya Catholic Parish, Hoima, Uganda $6,000.00
God’s Mother Fatima Parish, Kapino, Wejherowo, Poland $10,000.00
Salesian Missionaries of Mary Immaculate, St. Mary’s Convent $5,000.00 Karnataka, India St. Madeleine Sophie Parish, High Springs, Florida $25,000.00
Lugazi Diocese, Lugazi, Mukono $15,000.00
Discalced Carmelite Fathers, Poznan, Poland $30,000.00
St. George Romanian Byzantine Catholic Cathedral, Canton, Ohio $30,000.00
Carmelites of Mary Immaculate, Kerala, India $8,000.00
Franciscan Capuchin Province of Eritrea, Asmara, Eritrea $10,000.00
Kiryandongo Catholic Parish,Kigmba, Uganda $8,000.00
Notre Dame School Sisters, Atlantic-Midwest Province, Wilton, Connecticut $20,000.00 Rosarian Congregation, Karnatanka, India $10,000.00
St. Nicholas of Kenscoff Parish, Petion-ville, Haiti $20,000.00
34 Capital Expenditures
Grantee Grant Amount Assumption Church, Andhra Pradesh, India $6,000.00
Cathedral Parish, Port de Paix, Haiti $18,000.00
Cuttack-Bhubaneswar Archdiocese, Orissa, Indai $1,000.00 Society of the Catholic Apostolate $1,400.00 Assumption of the B.V.M.Province, Karnataka, India St. Peter’s College, Warr Girls’ Secondary School, Paidha, Nebbi, Uganda $5,500.00
Kaengesa Parish, Sumbawanga, Tanzania $3,922.00
Litumba Catholic Parish, Mbinga, Tanzania $6,000.00
Nkhate Catholic Parish, Chikwawa, Malawi $3,500.00
Marianists, U.S. Province, St. Louis, Missouri $10,000.00 Ilemela Parish, Mwanza $11,000.00 ______273 Grants $6,307,236.00
562 Total Grants $10,651,227.00
34 35 KOCH FOUNDATION, INC.
FINANCIAL STATEMENTS
MARCH 31, 2009 AND 2008
36 INDEPENDENT AUDITORS’ REPORT
To the Board of Directors, Koch Foundation, Inc.:
We have audited the accompanying statements of assets, liabilities and net assets – modified cash basis of Koch Foundation, Inc. (the Foundation), as of March 31, 2009 and 2008, and the related statements of receipts and disbursements and changes in net assets – modified cash basis and cash flows – modified cash basis for the years then ended. These financial statements are the responsibility of the Foundation's management. Our responsibility is t o express an opinion on t hese f inancial s tatements based on our audits.
We conducted our audits in accordance with auditing standards generally accepted in the United States of America. T hose standards r equire t hat w e plan a nd perform t he audits t o obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
As described i n Note 2, these financial statements were p repared o n the modified cash receipts and disbursements basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America.
In our opinion, the financial statements referred to above present fairly, in all material respects, the assets, liabilities and net assets of Koch Foundation, Inc. a s of March 31, 2009 and 2008, and its receipts and disbursements and changes in net assets and cash flows for the years then ended, on the modified cash receipts and disbursements basis of accounting described in Note 2.
Gainesville, Florida September 8, 2009
37 KOCH FOUNDATION, INC. STATEMENTS OF ASSETS, LIABILITIES AND NET ASSETS - MODIFIED CASH BASIS MARCH 31, 2009 AND 2008
2009 2008
ASSETS
Cash and cash equivalents Cash $ 88,421 $ 34,598 Money market fund 38,884,216 ,029,040 Total cash and cash equivalents 38,972,637 ,063,638
Investments, note 2(c): Foreign bonds and bond funds (cost - $6,098,000 and $16,388,700 as of March 31, 2009 and 2008, respectively) 5,294,510 18,131,981 Private equities (cost - $2,934,066 and $2,460,580 as of March 31, 2009 and 2008, respectively) 2,174,018 2,957,426 U.S. Corporate bonds (cost - $1,082,539 as of March 31, 2009 and 2008) 941,200 1,052,000 Stocks and mutual funds (cost - $85,997,626 and $82,944,942 as of March 31, 2009 and 2008, respectively), net of $607,179 and $55,800 stock options sold as of M arch 31, 2009 and 2008, respectively 69,468,532 135,593,335 Total investments 77,878,260 157,734,742
Accrued interest receivable - 1,046
Property and equipment, net 348,769 390,437
Total assets 87,199,666 161,189,863
LIABILITIES AND NET ASSETS
Accounts payable and accrued expenses 17,967 8,451
Net assets $ 87,181,699 $ 161,181,412
The accompanying notes to the financial statements are an integral part of these statements.
38 KOCH FOUNDATION, INC. STATEMENTS OF CASH RECEIPTS AND DISBURSEMENTS AND CHANGES IN NET ASSETS - MODIFIED CASH BASIS FOR THE YEARS ENDED MARCH 31, 2009 AND 2008
2009 2008 Receipts Interest $ 90,009 $ 245,679 Dividends 3,008,453 3,189,135 Federal excise tax refund - 88,576 Return of charitable distributions 66,896 48,967 Total receipts 3,165,358 3,572,357
Disbursements Charitable distributions 10,603,227 9,383,201 Management and general 515,010 499,784 Investment expense 578,833 728,793 Foreign tax 70,474 34,825 Federal excise tax 220,561 239,882 Total disbursements 11,988,105 10,886,485
Deficiency of receipts under disbursements before gain on sale of investments and unrealized depreciation of investments (8,822,747) (7,314,128)
Gain on sale of investments 7,914,948 7,649,958
Unrealized depreciation of investments (73,091,914) (8,075,698)
Total deficiency of receipts over disbursements after gain on sale of investments and unrealized depreciation of investments (73,999,713) (7,739,868)
Net assets, beginning of year 161,181,412 168,921,280
Net assets, end of year $ 87,181,699 $ 161,181,412
The accompanying notes to the financial statements are an integral part of these statements.
39 KOCH FOUNDATION, INC. STATEMENTS OF CASH FLOWS - MODIFIED CASH BASIS FOR THE YEARS ENDED MARCH 31, 2009 AND 2008
2009 2008
Cash flows from operating activities Deficiency of receipts over disbursements after gain on sale of investments and unrealized depreciation of investments $ ( 7 3 , 9 9 9 ,7 13) $ (7,739,868) Adjustments to reconcile deficiency of receipts over disbursements after gain on sale of investments and unrealized depreciation of investments to net cash provided by operating activities: Depreciation 47,993 39,959 Loss on disposal of equipment - 391 Decrease in accrued interest receivable 1,046 - Increase in accounts payable and accrued expenses 39,516 ,780 Gain on sale of investments (7,914,948) (7,649,958) Unrealized depreciation of investments 73,091,914 8,075,698 Proceeds from sale of investments 31,685,398 46,866,122 Purchases of investments (17,005,882) (39,454,883) Net cash provided by operating activities 5,915,324 141,241
Cash flows from investing activities Purchase of property and equipment (6,325) (75,662)
Net increase in cash and cash equivalents 5,908,999 65,579
Cash and cash equivalents, beginning of year 3,063,638 2,998,059
Cash and cash equivalents, end of year $8,972,637 $ 3,063,638
The accompanying notes to financial statements are an integral part of these statements.
40 KOCH FOUNDATION, INC. NOTES TO FINANCIAL STATEMENTS MARCH 31, 2009 AND 2008
(1) Business Organization:
The Koch Foundation, Inc. (the Foundation), a Florida not-for-profit corporation, was established in February 1979 as a private Florida foundation through a grant from Carl and Paula Koch. The primary purpose of the Foundation is to invest funds for the generation of investment income, which is to be used to provide grants for Roman Catholic activities that propagate the faith. Carl and Paula Koch were the principal donors of the Foundation. The distribution of these donations is subject to the Board of Directors’ (the Board) approval. All funds of the Foundation are unrestricted as they are used for the primary purpose of the Foundation.
(2) Summary of Significant Accounting Principles:
(a) Basis of presentation—The Foundation prepares its financial statements on the modified cash receipts and disbursements basis of accounting. All transactions are recognized as cash is received or paid. Therefore, revenue and expenses are recognized as cash is received or paid, and the related receivables, payables and accrued expenses are not reflected in the accompanying financial statements, with the exception of the following:
Unrealized gains or losses on investments, which are recognized based on fair market value.
Accrued interest receivable is recorded for interest due but not paid as of year-end for investments in debt securities.
An accrued vacation liability has been accrued for the amount of each employee’s unpaid (unused) vacation balance.
Expenditures having an economic life of more than one year are capitalized as assets and depreciated over their estimated useful lives.
(b) Cash and cash equivalents—For the purposes of reporting cash flows, the Foundation considers all highly liquid investments with an original maturity of three months or less to be cash equivalents.
(c) Investments—Investments in equity securities with readily determinable fair values and all investments in debt securities are reflected in the accounts of the Foundation at fair market values. Market values for these investments are based on quoted market prices.
Investments in private equities are carried at the lower of cost or market in the aggregate. At March 31, 2009 and 2008, respectively, the fair value of private equities in the aggregate was below their carrying values. Market values for investments in private equities are based on investment manager pricing.
Unrealized appreciation and depreciation is based on the market value of investments as of March 31 and recognized currently in the statements of receipts and disbursements and changes in net assets - modified cash basis.
(d) Derivatives—In the normal course of business, the Foundation uses derivative financial instruments in an effort to manage exposure on long-term investments. Specifically, to manage price and interest rate risk associated with investing activities, the Foundation uses forward contracts. Under these contracts, the Foundation agrees to the future delivery of a security, on an
41 KOCH FOUNDATION, INC. NOTES TO FINANCIAL STATEMENTS AS OF MARCH 31, 2009 AND 2008
(2) Summary of Significant Accounting Principles: (Continued)
agreed-upon date, and at an agreed-upon price. These contracts are entered into with the intention to minimize the Foundation’s economic exposure to adverse fluctiations in financial markets and to reduce interest rate risk. The Foundation’s forward contracts (stock options sold) are presented at fair value and are based on quotes from brokers. The notional and fair values of the forward contracts as of March 31, 2009 and 2008 are as follows:
2009 2008 Notional Notional Value Fair Value Value Fair Value Forward contracts (stock options) $ 41,217,350 $(607,179) $ 6,750,000 $ (55,800)
(e) Estimates—The preparation of financial statements in conformity with the modified cash receipts and disbursements basis of accounting requires management to make estimates and assumptions that affect the reported amounts of assets, net assets, receipts and disbursements during the reporting period and the disclosure of contingent assets and liabilities at the date of the financial statements. Actual results could differ from those estimates.
(f) Depreciation—The Foundation computes depreciation using the straight-line method over the following estimated useful lives:
Years Office building and improvements 40 Furniture and fixtures 5 Computer equipment 3
(g) Tax status—The Internal Revenue Service has determined that the Foundation is exempt from federal income tax under Section 501(c)(3) of the Code. The Code imposes an excise tax of 2% (reduced to 1% if certain requirements are met) on net investment income of private foundations.
The Financial Accounting Standards Board (FASB) has issued Interpretation No. 48 (FIN 48), which clarifies generally acceptable accounting principles for recognition, measurements, presentation and disclosure relating to uncertain tax positions. FIN 48 applies to business enterprises, not-for-profit entities, and pass-through entities, such as S corporations and limited liability companies. As permitted by FIN 48 (as amended), the Foundation has elected to defer the application of FIN 48 until issuance of its March 31, 2010 financial statements. For financial statements covering periods prior to March 31, 2010, the Foundation evaluates uncertain tax positions in accordance with existing generally accepted accounting principles and makes such accruals and disclosures as might be required there under. The Foundation does not expect that the adoption of FIN 48 will have a material effect on its financial position, net assets, or cash flows.
(h) Reclassifications––Certain amounts in the 2008 financial statements have been reclassified for comparative purposes to conform to the 2009 presentation. These reclassifications had no effect on the change in net assets for 2008 or the classification of net assets.
42 KOCH FOUNDATION, INC. NOTES TO FINANCIAL STATEMENTS AS OF MARCH 31, 2009 AND 2008
(3) Property and Equipment:
The following is a summary of the components of property and equipment as of March 31:
2009 2008 Office building and improvements$348,186$ 347,027 Furniture and fixtures 141,915 139,955 Computer equipment 86,503 85,192 576,604 572,174 Less: Accumulated depreciation (227,835) (181,737) $ 348,769 $ 390,437
Depreciation expense w as $ 47,993 a nd $ 39,959 f or t he y ears e nded March 31, 2009 a nd 2008, respectively.
(4) Federal Excise Tax:
In accordance with the applicable provisions of the Tax Reform Act of 1969 (the Act), the Foundation is subject to an excise tax on net investment income, including realized gains, as defined in the Act.
In addition, the Act requires that certain minimum distributions be made in accordance with a specified formula. A s of M arch 31, 2009 and 2008, t he Foundation had distributions i n excess o f the required minimum for the current year.
(5) Related Parties:
Directors and o fficers have m ade significant contributions o f their time a nd s ervices t o assist t he Foundation in its investment activities. In accordance with Financial Accounting Standards Board’s SFAS No. 116, Accounting for Contributions Received and Contributions Made, the estimated fair market value of these contributions was approximately $354,000 and $466,000 during the years ended March 31, 2009 and 2008, r espectively. A s the Foundation records its financial statements on t he modified cash basis, these contributions have not been recognized in the financial statements.
(6) Employment Contracts:
As required by a terminated employment contract, a former officer began receiving retirement benefits from the Foundation of approximately $ 8,000 p er y ear during January 1995. T he b enefit p ayments continue throughout the life of the officer and the officer’s spouse. Payments of approximately $7,600 and $8,250 were made during the years ended March 31, 2009 and 2008, respectively, and are included in management and general disbursements.
43 KOCH FOUNDATION, INC. NOTES TO FINANCIAL STATEMENTS AS OF MARCH 31, 2009 AND 2008
(6) Employment Contracts: (Continued)
The Foundation has a renewable annual employment contract with an Executive Director, which expires April 2, 2011 and is renewable annually after that date unless the employee voluntary terminates the contract (must give 60 days notice) or the employee is involuntarily terminated with cause. The contract provides, among other things, a stipulated salary and annual retirement benefits.
(7) Employee Benefit Plan:
The Foundation sponsors a Simplified Employee Pension Plan (the SEP Plan) and a §403(b) Tax Deferred Annuity Plan (the §403 Plan) to provide for retirement benefits for the employees of the Foundation. Under the SEP Plan, each eligible employee maintains an individual retirement account into which the Foundation makes contributions. The Foundation has committed to contribute eight percent of all participating employees' annual compensation to the SEP Plan each year. The §403 Plan provides for participating employees to voluntarily deduct tax-deferred amounts from their gross wages to purchase tax-deferred annuities. The Foundation has no obligations related to the §403 Plan. Benefits in both plans are fully vested immediately upon contribution. Contributions of $18,699 and $17,786 were made during the years ended March 31, 2009 and 2008, respectively, and are included in management and general disbursements.
(8) Risks and Uncertainties:
The Foundation invests in various investment securities. Investment securities are exposed to various risks such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect investment account balances and the amounts reported in the statement of assets and net assets.
(9) Commitments:
As of March 31, 2009, the Foundation's total capital commitment under its private equity investment agreements was $3,500,000. To date, the total amount requested for investment by the private equity fund managers is $3,255,669.
(10) Fair Value Measurements:
Effective January 1, 2008, the group adopted Statement of Financial Accounting Standards No. 157, Fair Value Measurements (SFAS 157), which provides a framework for measuring fair value under GAAP. SFAS 157 defines fair value as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. SFAS 157 requires that valuation techniques maximize the use of observable inputs and minimize the use of unobservable inputs. The three levels of fair value hierarchy under SFAS 157 are described below:
Level 1––Inputs are based on unadjusted quoted market prices within active markets.
Level 2––Inputs are based primarily on quoted prices for similar assets or liabilities in active or inactive markets.
Level 3––Inputs are unobservable and significant to fair value measurement.
44 KOCH FOUNDATION, INC. NOTES TO FINANCIAL STATEMENTS AS OF MARCH 31, 2009 AND 2008
(10) Fair Value Measurements: (Continued)
The asset’s value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.
The Foundation uses f air value m easurements t o record fair value adjustments t o certain assets and to determine fair value disclosures. For additional information on how the Foundation measures fair value, refer to Note 2 (c). There have been no changes in the methodologies used at March 31, 2009 and 2008. The following table summarizes the assets of the Foundation for which fair values are determined on a recurring basis as of March 31, 2009:
Investment Assets at Fair Value as of March 31, 2009 Level 1 Level 2 Level 3 Total
Foreign Bonds and Bond Funds $ - $ 5,294,510$ - $ 5 ,294,510 Private Equity Investments - - 2 ,174,018 2 ,174,018 US Corporate Bonds - 941,200- 941,200 Stocks and Mutual Funds 68,861,353- - 68,861,353 Stock Options 607,179 - - 607,179 Total assets at fair value $ 69,468,532 $ 6,235,710 $ 2,174,018 $ 77,878,260
Level 3 assets were 2.79% of total investment assets at fair value. The following table presents changes in t he Foundation’s Level 3 i nvestment assets measured at f air value o n a recurring basis for the y ear ended March 31, 2009:
Level 3 Investment Assets for the year ended March 31, 2009: Private Equity Investments Total Balance, beginning of year $ 2,957,426 $ 2,957,426 Realized gains 10,475 10,475 Unrealized losses relating to instruments still held at the reporting date (1,256,894) (1,256,894) Purchases, sales, issuances and settlements (net) 463,011 463,011 Balance, end of year $ 2,174,018 $ 2,174,018
The accompanying notes to the financial statements are an integral part of these statements.
45