The Catholic Foundation 2020 Annual Report The Catholic Foundation 601-960-8477 PO Box 2248
[email protected] Jackson, MS 39225 2020 Annual Report July 1, 2019—June 30, 2020 TABLE OF CONTENTS ......................................................... 2 MESSAGE FROM EXECUTIVE DIRECTOR ........................... 3 BOARD OF DIRECTORS ....................................................... 4 COMMITTEE MEMBERS...................................................... 5 TRUST BALANCES ............................................................... 7 GRANTS ............................................................................ 13 ESTATE PLANNING .......................................................... 15 STATEMENT OF FINANCIAL POSITION ............................ 16 STATEMENTS OF ACTIVITIES ........................................... 17 Page 2 From the Executive Director Dear Friends of The Catholic Foundation, As we begin each new year I am always filled with hope. When 2020 began it seemed like it was going to be a great year. However, all that changed quickly and so many will remember 2020 as the year of the Coronavirus Pandemic. I do not think anyone could have predicted something like this would ever happen in modern times. By mid-year many of us were sheltering in place, wearing masks, and trying to keep our families healthy. While many of us will remember the challenging times that we faced, we are happy to report that at the Catholic Foundation we faced many of these challenges and turned them into accom- plishments. We set up our home offices and began a new routine. We quickly learned how to set up zoom meetings so we could communicate with our donors and we began to re-envision our events like our annual Bishop’s Cup. I would like to thank all our donors. Because of your support we were able to meet our membership goal. As you know, it is through our membership donations that we can operate the Foundation office, so we do not have to charge management fees to each of our trust.