Creative Grantmaking
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WINTER 2018 VOLUME XXXII ISSUE 1 THE VISIT OUR WEBSITE : www.catholicfoundation.com Creative Grantmaking ave you ever thought about facilitating creative grantmaking grantmaking with a creative flair? opportunities that truly reflect the specific H Last year, The Catholic philanthropic dreams you would like to see Foundation distributed more than 1,600 grants realized.” totaling nearly $18.3 million, with the vast Ray and Ruth Hemmig have partnered majority from funds established by individuals with The Catholic Foundation for their or families who determined the philanthropic charitable giving for more than a decade. intent for the grant recommendation. There They have recommended a number of is a huge need for general operating support creative grant ideas, including funding a for nonprofit organizations, and that is where professorship at the University of Texas at many grants are directed. However, there are Dallas (UTD) in honor of a dear friend and also opportunities to add some innovation to respected leader. When Ray owned a public conducted research and presented innovative your giving. company, he began working closely with concepts that truly resonated with Ray. “We’d like donors to know they can also Dr. Constantine “Connie” Konstans at “When we raised this idea as a possible make a difference with a different approach UTD’s Naveen Jindal School of Management recommendation from the fund we to their grantmaking,” said Vice President of on adult education opportunities for the established with The Catholic Foundation, Development Cheryl Mansour. “Our staff at executives serving on his corporate board. they didn’t blink at the challenge. It’s a The Catholic Foundation has the expertise The founder of the Institute for Excellence testament to the quality of folks at the and ingenuity to assist with designing and in Corporate Governance, Dr. Konstans Foundation,” said Ray. (continued on page 4) THE PRESIDENT’S LETTER Father Jason Cargo has attended this conference and said: “Amazing Parish gives tangible and practical ideas and goals that each Through our proactive grantmaking, we seek parish can achieve. If a pastor wants his parish to grow and give more, out programs to support rather than waiting to then he needs to equip himself with the tools from this conference.” be asked for funding from various nonprofit Our Trustees agreed that financial obstacles should not impede organizations. During the 2017 fall grant cycle local pastors and key staff from attending the Amazing Parish the Trustees of the Foundation awarded a grant conference and I am convinced that the unique model presented at from the unrestricted Philanthropy Fund to Amazing Parish conferences can benefit each of our parishes. By ensure parish leadership are able to attend the Amazing Parish encouraging and supporting our parish leadership, we bolster our entire conference being held in Dallas in April 2018. Catholic community. Amazing Parish conference goals are to revitalize the Church Both proactive and reactive grantmaking are essential in meeting by providing her pastors and leaders with the training, resources and our community’s immediate needs and fulfilling both short- and long- support they need to create vibrant and thriving parishes. Amazing term philanthropic visions. Parish gives busy pastors and their teams the tools they need to \ transform their parishes—moving from maintenance mode to mission Wishing you all God’s blessings. communities that are truly alive! J. Matthew Kramer A Strong F O UNDATION As a member of The Catholic many books and articles including Taxation IN MEMORIAM: Foundation Advisory Council, Regis helped of Estate, Gifts and Trusts (now in its 23rd launch The Catholic Foundation’s Advisors edition), Fiduciary Tax Guide, and Taxation Regis Campfield Series for Estate and Wealth Management of Income. Professionals 11 years ago. His expertise and His numerous awards and recognitions friendship over the years has been invaluable, included a lifetime achievement award from It is with great and his absence this year is deeply felt. the National Association of Estate Planners sadness that we Regis taught Wills and Trusts, Estate & Councils; Notre Dame Law School’s mark the passing Planning, and Estate and Gift Taxation at the 5,000+ volume collection in estate planning of Regis William SMU Dedman School of Law for 32 years. being named the Regis and Mary Campfield Campfield – a man He retired in 2009 as Professor Emeritus Collection in Estate Planning; and the of faith and family, and Marilyn Jeanne Johnson Distinguished Person of the Year Award in 2009 from the a well-respected Law Faculty Fellow. As Founder and Chair Notre Dame Club of Dallas. legal scholar, a of the Notre Dame Tax and Estate Planning Thank you Regis, for your wisdom, wise professional Institute, Regis directed and grew the support and friendship. You are dearly missed advisor and a program into one of the largest preeminent and forever appreciated. \ cherished friend. tax institutes in the country. He authored Outgoing Trustees Seasoned board member Vicky Lattner completed served as Secretary and Development Chair John Landon begins his seven dedicated years of as well as on the audit & administration, second year as Chairman service to our Board of executive and distribution committees. of the Board and several Trustees. The first female Win Bell has offered a tremendous amount of trustees complete their chair since the founding leadership and expertise as a Trustee. He led term at the end of 2017. of The Catholic the audit & administration committee as well Foundation in 1955, Vicky led the Board with as the distribution committee as Chair. He “As 2017 comes to a close, I strategic vision and wholehearted commitment served as Secretary and also on the would like to take this opportunity thanks to her unique combination of investment, development, executive and to thank our past immediate chair professional and nonprofit experience. governance committees. The Foundation has and outgoing trustees for the gifts of Dr. Monica Herrera served on the benefited greatly from his experience and leadership, experience and dedication development, audit & administration, and knowledge through the years. \ distribution committees as a Trustee. She they brought to the Board”– John Landon has dedicated herself to The Jethsuby Scholarship Fund at The Catholic Foundation, “As 2017 comes to a close, I would like established by Dr. and Mrs. Mauricio to take this opportunity to thank our past Delgado. The fund provides tuition assistance immediate chair and outgoing trustees for the so more local Hispanic students can attend gifts of leadership, experience and dedication Catholic schools. Monica has helped grow the they brought to the Board,” says John fund financially and increase the impact on Landon, Chairman of the Board of The children served. Catholic Foundation. “We look forward to our Brad Camp has graced so many Catholic continued collaboration with Vicky, Win, Brad Foundation events and programs, it is and Monica in the future, and are sincerely rumored he has yet to miss one. His thankful for their hard work, enthusiasm and dedication to education is unsurpassed and wisdom that has greatly benefited The benefited the Foundation greatly. He has L to R: Brad Camp, Dr. Monica Herrera and Win Bell Catholic Foundation and our community.” 2 Giving SPIRIT Giving101 by Cheryl Unis Mansour, Vice President of Development BEQUESTS AS A The most popular type of charitable A contingent bequest is used to provide for bequest, a general bequest, simply leaves the situation when a beneficiary dies before PHILANTHROPIC LEGACY a specific dollar amount to your designated you or disclaims the property. Plan ahead and charity or to The Catholic Foundation. You can consider naming The Catholic Foundation as Sometimes the simplest giving vehicle can be also gift a specific asset, such as a specified the contingent beneficiary. This will ensure the best. A charitable bequest is one of the stock, real estate, or a vacation home. that the property will pass to The Catholic easiest ways to make a lasting gift that will Another kind of bequest involves leaving a Foundation in one of these situations rather yield positive impacts after you are gone. percentage of your overall estate or a residuary than to unintended beneficiaries. You can determine if a bequest is used estate to The Catholic Foundation. If fortune The Catholic Foundation welcomes the for a general or specific purpose, providing changes the size of the estate over the years, opportunity to discuss bequests with you the peace of mind that your gift will be used this bequest will change in the same proportion. and/or your professional advisor as part of as intended. If you change your mind about a A residuary bequest is used to give a your estate planning. Please contact us at recipient or cause, a bequest can be modified charity all - or a portion of - one’s property 972-661-9792 to learn more. at any time. Outright gifts to a qualified after all debts, taxes, expenses and all other *Keep in mind that changes in tax law charity (including The Catholic Foundation) bequests have been paid. A common residuary could make a significant difference in your from your estate are entirely free from federal bequest involves leaving “the rest of the estate planning, so stay informed and ask your estate taxes. property” to The Catholic Foundation. professional advisor. \ investing skills and a knack for building. DONOR PROFILE: He was also very passionate about serving the Catholic elderly. When he passed in Monsignor 2004, he bequeathed monies to The Catholic John T. Gulczynski Foundation to establish The Leon and Victoria Gulczynski Endowment Fund of The Catholic Foundation in honor of his parents. onsignor John T. Gulczynski Monsignor hoped that with this legacy, was born August 26, 1911 in he could assist with the construction, MWilmington, Delaware and expansion or maintenance of new or existing was ordained to the Holy Priesthood on Catholic retirement facilities or nursing June 7, 1936 in Sacred Heart Cathedral homes located within the Diocese of Dallas.