The 2012 Annual Report: Faith in Action

FOR CATHOLIC FOUNDATION FOR BROOKLYN AND QUEENS The Catholic Foundation for Brooklyn and Queens provides financial grants and other assistance to institutions and ministries of the Diocese of Brooklyn OUR 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. † PAGE 1

Dear Friends in Christ,

There’s a line in one of the songs from The last year saw many firsts for the the musical “Oklahoma” that happily universal church as well as for CFBQ. proclaims “Spring is busting out all The shock of the unprecedented res- over…" It conveys a sense of confi- ignation of our Holy Father Emeritus dence and excitement about the Benedict XVI was followed by the future and offers a glimpse of what election of who contin- a people united in their pursuit of an ues to be an example of great faith, objective can accomplish. humility and services in his words and deeds. We all share the hope for the Joseph E. Geoghan We can see this same feeling in the Msgr. Jamie J. Gigantiello Church today as Pope Francis begins his future of the church under Pope pontificate, demonstrably living the Gospel message and proclaim- Francis’ pontificate. ing the need for “unity in diversity” as the Church reaches out in Understanding our responsibility to pass the faith along to her mission of evangelization. We can feel the Holy Spirit at work future generations is paramount; the Catholic Foundation has in all of this and it has certainly caused us in the Catholic Founda- begun to plan for the future of the church by addressing the tion to redouble our efforts in support of the Church’s ministries. needs of our parishes as it relates to our young people. The The year 2012 saw the Catholic Foundation distribute successful formation of the Youth Ministry Initiative has meant $2,600,000 in grants to Diocesan ministries. We are committed to the training of youth ministry boards, as well as the placement the principles of transparency and accountability in the exercise of of paid youth ministers in those parishes which were selected our stewardship responsibilities, and in this spirit, we have devoted to participate in the pilot program. These parishes have already much more space than usual in this report to explaining the impact begun to see an increase in the participation of young people. of the grants that your generosity has made possible. As you will As we look forward to expanding the program, we will include see, these monies make a difference—they have a direct effect many more parishes in the years to come with the aid of your on people and on the ministries they support. We also continue financial assistance. to exercise strong controls over internal costs so as much as possi- The development of the Youth Ministry Initiative pilot program ble of your contributions and the investment earnings of the and the development of our partnership with Catholic Migration Foundation are used for the mission of the Foundation. Services continue to make CFBQ the source for added growth and Building on work that the Diocese has done, the Catholic leadership throughout the Diocese of Brooklyn. Thanks to numer- Foundation Board has identified two ministries on which we will ous individuals, families and corporations, we are better positioned concentrate our efforts. This increased focus is based on the to support the church. We recognize the efforts and contributions urgent needs of those important ministries but in no way dimin- of all that have made the Catholic Foundation for Brooklyn and ishes the importance of the other ministries supported by the Queens a true vehicle of service for the ministries and work of the Catholic Foundation. The two ministries are Youth Evangelization Diocese of Brooklyn. With your help, support and generosity we and Migration (assistance to our immigrant community). We dis- can be confident in the knowledge that the Catholic Foundation cuss our efforts in some detail elsewhere in this Report and I think will continue to bring hope and the good news of Christ’s love to you will find that interesting reading. hundreds of thousands in need. Thanks to the generosity of numerous individuals and families, We pray that the Lord will continue to look kindly upon and as well as Parishes and commercial corporations, the Catholic Foun- bless the generosity of His people who desire to build up the dation is better positioned than ever to help support the Church’s church in our neighborhoods and strive to be His disciples in our mission to the people of Brooklyn and Queens. We face the chal- world today. lenges of the future with determination and confidence that your continued prayers and generosity will enable the Foundation to In Christ's Peace, meet its commitments of service to the people of God.

May God bless you always,

Msgr. Jamie J. Gigantiello Vicar for Development Diocese of Brooklyn Joseph E. Geoghan Chairman of the Board Catholic Foundation for Brooklyn and Queens † PAGE 2

CATHOLIC FOUNDATION MAKES YOUTH MINISTRY INITIATIVE POSSIBLE REACHING OUT TO YOUNG CATHOLICS IN BROOKLYN AND QUEENS

The Catholic Foundation in conjunction with the Office of 2012 is any indication, the program is off to a fast start. Faith Formation has begun a program of youth evangeli- The Youth Evangelization Program offers mandatory pro- zation to more effectively engage Catholic youth in fessional development and certification for Youth Brooklyn and Queens. Evangelization Boards. This program is essential for the Together, both organizations identified the great need life of our Church as it engages youngsters and inspires to assist the Church to continue in bringing youngsters, them to take a more active role. from ages 12 to 18 into the everyday life of their parishes. At this time, there are over 125 youngsters actively The objective is to get youngsters more engaged in the participating in the program. Due to the diversity of those Church, while at the same time help shape their faith and involved, each site has placed a different emphasis on moral foundation. Unfortunately, after Confirmation, its program. For example, the cluster site continues to because of financial constraints in parishes there have emphasize the concept of "church" as a community not been few formalized religious instruction programs buildings. This allows the youth of the cluster to be more focused on teenagers. Studies have shown that has been willing to collaborate with other parishes as one unified a factor in youngsters drifting away from the Church. Catholic community. In response to this need, the Foundation has made Other parish sites have created safe spaces for youth Youth Evangelization one of two priorities for the forsee- to meet and explore their faith; ask questions and spiritu- able future (the other being Catholic Migration Services ally grow with the influence of Jesus and the Church. discussed elsewhere in this Annual Report). In addition to There has been a special emphasis on participation via working with Faith Formation in planning and structuring liturgical celebrations, as well as social ministries and serv- a program to that young demographic, the Foundation ice projects. As one can see, the opportunities presented has agreed to fund all costs of the pilot program. The Foun- to the youngsters are varied and offer many opportunities dation will continue to fund a minimum of half of future to become more involved. costs as the program emerges from the pilot phase An additional six parishes have been selected from an throughout the Diocese. open application process to enroll in the program (and Over the course of 2012, a pilot program was created receive initial funding) beginning in September 2013. With with the leadership of a committee consisting of diocesan the assistance of generous benefactors and focused fund- youth ministers, lay leaders, principals, pastors and admin - raising efforts, the hope is the Youth Ministry Initiative istrators. This unique and effective program is being tested will continue to expand yearly in Brooklyn and Queens for on three parishes and one cluster over three years thanks years to come. to a grant by the Foundation. The parishes and cluster were For more information about the program, or to dis- selected in order to provide a varied and diverse sampling cuss making a contribution to help evangelize youth, to represent our communities in Brooklyn and Queens. please call the Catholic Foundation at 718-965-7375. After considering a number of different program options, the committee selected the National Federation of Catholic Youth Ministry model to implement. And if † Lay Leadership PAGE 3 Formation YOUR DOLLARS AT WORK

Each year, Catholic Foundation for Brooklyn and Queens ◊ Using Apple iPads for Remedial and seeks to fund worthy projects throughout the Diocese of Enhancement Learning—Our Lady of the Snows School Brooklyn that advance its various ministries. By prudently ◊ A 21st Century Science Lab—Our Lady of The Blessed John managing the fund investments, the Foundation is able to Perpetual Help School Paul II Fund grant approximately $2 million annually while maintaining ◊ Readying Technology Infrastructure for the the principal of the endowment funds. Over 30,000 of the Future—St. Mel School faithful in Brooklyn and Queens benefitted directly from ◊ iPads for Education, A Technology Learning Initiative—St. Francis of Assisi Catholic Academy the works of the funded projects with ripple effects posi- ◊ After School Enrichment Program—Sacred tively impacting tens of thousands more. In 2012, 114 proj- Heart School, Bayside ects were implemented in 95 parishes, schools or religious ◊ Saint Isidore of Seville Technology Grant—Divine Wisdom Catholic Academy organizations in the Diocese of Brooklyn. Below are sam- ◊ Dream Challenge: School Design for the 21st Century—Ss. Joachim and Anne School ples of the grants awarded listed by the source fund: ◊ WiFi Access Installation for Implementation of VSCHOOLZ Program—St. Patrick School

BISHOP FUND FOR FAITH FORMATION BLESSED JOHN PAUL II FUND FOR LAY LEADERSHIP AND EVANGELIZATION FORMATION Total Number of Grants Awarded: 42 Total Number of Grants Awarded: 16 Total Award Amount: $182,465 Total Award Amount: $223,585 Highlighted projects: Highlighted projects: ◊ Kairos Retreat— Loughlin Memorial High School ◊ Man Matters Retreat—Men as Leaders and Elders—NY, NJ, CT Chapter ◊ New Evangelization Implementation: Total Parish Lifelong Formation— ◊ Young Adult Leaders for Tomorrow—Our Lady of Light Parish St. Clement Pope Parish ◊ Ministers for our Future Church—St. Andrew Avellino Parish ◊ Growing Up Catholic in Family and Faith Retreats and a Parish Retreat — Our Lady of Light Parish ◊ Celebrating the Year of Faith: A Parish Informed, Transformed and Ready to Share the ◊ Keeping God's Word Alive—St. Andrew Avellino Parish Gospel—Most Precious Blood Parish ◊ Religious Education Marketing Outreach—Holy Name School of Religion ◊ Lay Ministry Sunday—Pastoral Institute ◊ Better Technology for Better Evangelization—St. Stanislaus Kostka Church, Brooklyn ◊ Parish Family Days—St. Mary Magdalene Parish ◊ Diocesan Evangelization Opportunities 2012–2013—Diocesan Evangelization Committee ◊ Year of Faith: Continuing Spiritual and Ministerial Formation for Commissioned Lay ◊ Fr. Edward W. Troike Leadership Program—Cathedral Preparatory Seminary Pastoral Leaders—Pastoral Institute ◊ Theology of the Body for Middle School Students—Our Lady of Angels ◊ The Lay Ministry Foundations Ministry—Saint Agatha Parish Religious Education ◊ Parish Based Leadership Training for Legal Services Outreach—Catholic Migration ◊ Natural Family Planning—Office of Faith Formation Services, Inc. ◊ Family Resource Center—Our Lady of Grace Parish ◊ Professional Development of Lay Ecclesial Ministers—Secretariat for Catholic ◊ Coming to Sacraments Together—Most Holy Trinity—Saint Mary Parish Education and Formation Religious Education ◊ Increase Parish Lay Leadership Formation—St. Therese of Lisieux Parish ◊ Shalom Program—Saint Saviour High School ◊ Laborers in the Vineyard—Christ the King Parish ◊ Digital Equipment to Enhance Parish Faith Formation—St. Michael Parish, Flushing ◊ David Haas Weekend Workshops—Holy Child Jesus Church KATHIE & CHRISTOPHER LAWLER EXTRAORDINARY ◊ Bridge to Life's Evangelization Efforts NEEDS FUND FOR SENIOR PRIESTS ◊ Esopus: Youth Leadership Training—St. Simon and Jude Parish Total Number of Grants Awarded: Ongoing throughout the year Total Award Amount: $80,000 ◊ World Youth Day in Brazil—Pilgrimage Office/Office of Faith Formation Highlighted project: ARCHBISHOP BRYAN J. MCENTEGART FUND FOR ◊ On an annual basis the Lawler family (led by patriarch, Tom) hosts a fundraiser to CATHOLIC EDUCATION raise money to meet the needs of senior priests throughout the Diocese of Brooklyn. Total Number of Grants Awarded: 42 The monies raised through the Lawler Fund are used to run programs that allow those Total Award Amount: $599,702 priests to enjoy a better quality of life. Highlighted projects: The primary use of the funds in recent times has been for a car -service program which ◊ iPad Integration Utilizing Multimedia Resources—Our Lady of Lourdes School has made it possible for the senior priests, with otherwise limited transportation options, to make it to medical appointments, family events and church gatherings. ◊ SmartBoards in the Classroom—Most Precious Blood School ◊ iPads as a Tool for Learning in the Middle Grades—Saint Bernard School This fund exists due to the ongoing generosity of time, talent and treasure from the Lawler family and their friends. Donations to the fund are welcome from all. ◊ Increasing Student Interest in the Grade 6 Science/ELA Classroom Utilizing Netbook Technology—St. Francis of Assisi School ◊ Enhancing the Learning Environment by Using Student Response Systems— St. Sebastian School Care of Elderly † Priests PAGE 4

The Archbishop Thomas E. Molloy Fund

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 12/31/12, 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.

◊ Acsunta and Frank J. Passenant, Sr. Fund ◊ Deacon Thomas Heaphy Memorial ◊ Hearst Fund for Futures Endowment Fund for Religious Education ◊ Angela Gigantiello Scholarship Fund ◊ Herbert H. Ihl Endowment Fund at St. Mary Gate of Heaven ◊ Angela V. Siciliano Scholarship ◊ Holy Child Jesus School Scholarship ◊ Deacon Vincent and Carmen Pitaro Endowment Fund Endowment Fund Scholarship Fund ◊ Anne and Mary Mahon Scholarship ◊ Holy Name School Scholarship ◊ Detective Thomas Wesley Higdon, Jr. Endowment Fund Endowment Fund Memorial Scholarship Fund for St. Clare's ◊ Anthony J. Gigantiello Scholarship Fund School ◊ Home Mission Fund ◊ Archangel Fund ◊ Dominic Debonis Memorial ◊ Irene and Joseph Nastro Memorial Scholarship Fund Scholarship Fund ◊ Archbishop Bryan J. McEntegart Fund ◊ Donald and Patricia Kennelly Angel ◊ Jennie and Edward Mills Fund for Catholic ◊ Archbishop Thomas E. Molloy Fund Endowment Fund Education at St. Virgilius School ◊ Bishop Charles E. McDonnell Fund ◊ Dorothy and George W. Spall Scholarship ◊ Joseph-Turner Endowment Fund for ◊ Bishop Francis J. Mugavero Fund Fund for St. Mary Gate of Heaven School St. Clare's School ◊ Bishop John Loughlin Fund ◊ Dr. Joann M. DeLeonibus Scholarship Fund ◊ Kathie and Christopher Lawler Extraordinary Needs Fund for Senior Priests ◊ Bishop Loughlin Memorial High School ◊ Dr. Joyce M. Abdenour Memorial Endowment Fund Scholarship Fund ◊ Keogh Family Scholarship Fund ◊ Bishop Thomas V. Daily Fund ◊ Edmund M. Speer Memorial Fund ◊ Lottie and Christina Scholarship Endowment Fund ◊ Blessed John Paul II Fund ◊ Endowment for Pastoral Life ◊ Margaret Hardiman Memorial Scholarship ◊ Cathedral Preparatory Seminary Fund ◊ Fr. Reilly Memorial Endowment Fund for Endowment Fund Queen of Peace Parish ◊ Catholic Charities Endowment Fund ◊ Mary and Bruce Robert Catholic Educational ◊ Frank DeRosa Endowment Fund for ◊ Charles "Chuck" Mendez Angel Fund for St. Mary Gate of Heaven Endowment Fund ◊ Mary Queen of Heaven Capital Needs ◊ Freyland Family Endowment Fund for ◊ Daniel and Margaret Reid Scholarship Endowment Fund Catholic Education Endowment Fund ◊ Mary Queen of Heaven Parish Scholarship ◊ Futures Fund ◊ Daniel Fitzpatrick, Catherine Fitzpatrick Endowment Fund Donelan and Rev. Dan Nelson Scholarship ◊ Generoso Pope Scholarship Fund ◊ Mary Tuohy DeMola Scholarship Fund Endowment Fund ◊ George Campbell Scholarship Fund † Catholic Education PAGE 5

The Archbishop Bryan J. McEntegart Fund

◊ Mary Vose Daily Fund ◊ Sr. Mary Patrick McCarthy GNSH ◊ St. Sebastian Youth Ministry Scholarship Fund Endowment Fund ◊ May Ellen and Gerald Ritter Foundation Scholarship Fund ◊ St. Adalbert Church School ◊ St. Vincent DePaul Charitable Trust Fund Endowment Fund ◊ Merlet and Graver Family Scholarship Fund ◊ Stephen Russell Educational Endowment ◊ St. Anselm Parish Whitcome Fund Fund for St. Rose of Lima School ◊ Our Lady of the Snows School Endowment Fund ◊ St. Barbara Parish Endowment Fund ◊ Thomas Barnwell Scholarship Fund for Futures ◊ Our Lady Queen of Martyrs Parish ◊ St. Bernadette School Scholarship Endowment Fund Endowment Fund ◊ Thomas Flynn Angel Endowment Fund ◊ Our Lady Queen of Martyrs School ◊ St. Bernard Parish Elementary School ◊ Veronica O'Connor Endowment Fund Endowment Fund Endowment Fund ◊ Walter and Mary Jane Benson ◊ Ozanam Hall Extraordinary Needs Fund for ◊ St. Catherine Laboure Special Memorial Scholarship Fund for Holy Child Carmelite Sisters Education Fund Jesus School ◊ Parish Capital Needs and Maintenance Fund ◊ St. Charles Borromeo Fund ◊ Pastoral Institute Scholarship Fund ◊ St. Giles Fund ◊ Peter and Karen Labbat Angel ◊ St. James Basilica Endowment Fund Endowment Fund ◊ St. John's Prep High School ◊ Philip J. Whitcome Educational Fund Scholarship Fund ◊ Queens Postal Fund for Futures ◊ St. Mark Education Endowment Fund ◊ Rev. Louis J.P. Kennedy Endowment Fund ◊ St. Monica's Support Fund for Parishes in Jamaica ◊ Rev. Michael and Philip Carrano Scholarship Fund ◊ St. Paul the Apostle Parish Capital Needs Endowment Fund ◊ Rev. Eugene J. Molloy Scholarship Fund ◊ St. Saviour's Parish Endowment Fund ◊ Rev. Monsignor Guy Puglisi Fund for Futures ◊ St. Sebastian Parish Altar Guild Fund ◊ Rev. Monsignor Howard B. Basler ◊ St. Sebastian Parish Capital Needs Scholarship Fund Endowment Fund ◊ Rev. Monsignor John J. Bracken ◊ St. Sebastian Parish David V. Duchini Endowment Fund Endowment Fund ◊ Rev. Monsignor Neil Mahoney Memorial ◊ St. Sebastian Parish Endowment Fund Scholarship Fund ◊ St. Sebastian Parish Music Ministry ◊ Rev. Monsignor Richard F. Dunn Fund for Endowment Fund Corpus Christi School ◊ St. Sebastian Parish Religious ◊ Robert J. Cunningham Scholarship Education Fund Endowment Fund ◊ St. Sebastian Parish Scholarship ◊ Salvatore Conti, III Scholarship Endowment Endowment Fund Fund for Nativity BVM School ◊ St. Sebastian Parish Thomas P. O'Neill Endowment Fund Senior Citizen † Services PAGE 6

The Bishop Francis J. Mugavero Fund

2012 The following list of benefactors made a contribution to the DONORS Catholic Foundation for Brooklyn and Queens in the 2012 Calendar Year (January 1–December 31, 2012).

110 Sand Company Baumann, Dennis & Hochuli, LLP Mr. and Mrs. John Buckley Mr. Robert Cassieri 41st Avenue Realty LLC Ms. Eileen Baxter Ms. Susan Butler Castle Harlan, Inc. Mr. Robert Abdenour Rev. Msgr. August C. Bednartz, P.E. Cabrini Mission Foundation Mr. and Mrs. Robert B. Catell Acheson Doyle Partners Benchmark Graphics LTD Mr. and Mrs. Daniel Cahill Cathedral Basilica of St. James Architects, P.C. Ms. Laura M. Benson Ms. Claudia Caine Cathedral Preparatory Seminary Mr. and Mrs. Michael Addeo Bensonhurst Family Services/ Mr. and Mrs. Salvatore Calabrese Catholic Cemeteries Administrators for the Professions, Inc. Kiwanis Club Mr. and Mrs. Walter Campbell Catholic Cemetery Guild Mrs. Frank Agosta Ms. Joan V. Bertrand Cantor Fitzgerald Catholic Citizens Committee Rev. Msgr. Steven J. Aguggia Mr. and Mrs. Gerald Bertuna Capitol Elevator Co., Inc. Foundation, Inc. Robert Aiello Esq. Bishop Loughlin Memorial High School Mr. and Mrs. Philip Caponiti Ms. Rose Cavagnolo Mr. and Mrs. John Algieri Mr. Frank Bisignano Cardinal Spellman High School Gregory T. Cerchione Esq. All City Cabling of NY Blessed Sacrament School Mr. and Mrs. Peter V. Cardone Changing Our World, Inc. All Pro Horticulture, Inc. Blessed Trinity R.C. Church Rev. Michael A. Carrano Dr. Geraldine M. Chapey Mrs. Alfred Allegretti Mr. and Mrs. Francis X. Blum Mr. and Mrs. Joseph Caruana Ms. Marie D. Cherenfant Mr. and Mrs. Michael Allegretti Ms. Kerry E. Blum Mrs. Ellen Casey Mr. and Mrs. Robert Chiaino Ms. Orsella Allegretti Mr. and Mrs. Kevin Blum Mr. and Mrs. Frank Cassata Mr. and Mrs. Frank Chiarchiaro Mr. and Mrs. Sergio Allegretti Mr. Kristian Blum Ancient Order of Hibernians Messrs. Alexander & Robert Annunciation R.C. Church Boehler Anthony S. DiProperzio, A.I.A. Ms. Janet D. Bonamassa Approved Oil Co. of Brooklyn, Inc Bondee Enterprises Inc. Mr. and Mrs. Richard T. Arkwright Mr. and Mrs. Gary Bonelli Mr. and Mrs. Gregory Auteri Mrs. Natalie Bongiorno Automatic Lawn Sprinkler Co. Rev. Msgr. Edward J. Bottino Avinash Pradhan, Architect Rev. Msgr. John J. Bracken Dr. Thomas V. Ayoub and Mr. and Mrs. Philip Brady Mrs. Christine D Dombrowski-Ayoub Broadway Stages Baglivi & Cook Brooklyn's Prime Properties Mr. Christopher M. Bailey Ms. Gladys S. Brown Ms. Helen B. Bauer Mr. John Brown Dr. Mark Baum and Dr. Linda J. Mr. and Mrs. Karl and Jane Bornstein Baum Brunhuber † Priestly Vocations PAGE 7

The Bishop Charles E. McDonnell Fund

Chiarelli's Religious Goods Inc. Mr. Louis D'Amico E. Armata, Inc. Fruit & Produce Mr. William F. Freudig Christ The King R.C. Church Dank Tree Experts Mr. and Mrs. Michael Elgarten Miss Doris K. Freyland Mr. and Mrs. Frank Ciolli D'Arrigo Bros. Co. of New York, Inc. Mr. and Mrs. Kenneth Elgarten Friends of Marty Golden Ms. Virginia Clines Ms. Joanne J. D'Arrigo Ms. Nelsa Elias G. Fazio Construction Co. Inc. Cobble Hill Financial Services, Inc. Mrs. Irma De Martino Empire Airways & Flight Academy Deacon and Mrs. Edward S. Gaine Community Counselling Service Mr. and Mrs. John Deamon Ensure-A-Seal Mr. and Mrs. Galdi Co., LLC Delaney Associates, L.P. Mrs. Margaret Ercolano Mr. and Mrs. Frank W. Galligan Compostela Fund Mr. and Mrs. Edwin Delaney Estate of Louis J. P. Kennedy Ms. Kathleen T. Garry Con Edison, Inc. Dr. Joann M. DeLeonibus and Mr. and Mrs. Carmine Evangelista Mr. and Mrs. Robert F. Gartland, Sr. Confraternity of the Precious Blood Dr. Angelo Giordano Mrs. Elisa Evans Ms. Mary E. Genoese Mr. and Mrs. James Connolly Mr. and Mrs. Keith DeMatteis Mr. and Mrs. Frank Falanga Mr. and Mrs. Joseph E. Geoghan Michael N. Connors Esq. Mr. Michael J. Dempsey Mr. and Mrs. Joseph H. Farrell George K. Campbell Scholarship Fund Conservative Party of New York State Ms. Bernice D'Eramo Mr. and Mrs. Alfred Farrell-Pereira Ms. Rachel Giacobbe Constellation Trust Company Mr. and Mrs. Frank DeRosa Mr. Michael F. Fazio, Sr. Mr. and Mrs. Robert Gibson Mr. and Mrs. Edward Cooney Mr. and Mrs. Peter A. Di Marco Ms. Jean S. Fednard Rev. Msgr. Jamie J. Gigantiello Mr. and Mrs. Richard Coppinger Mr. and Mrs. Roger Diaz Mr. and Mrs. John Ferranti Rev. Ilyas Gill, O.F.M. Mr. and Mrs. Salvatore Corso Ms. Rosemarie DiCristo Ferrara Brothers Building Materials Mr. and Mrs. Gerald Gilrane Mr. and Mrs. Martin J. Cottingham Rev. Msgr. Conrad R. Dietz Corp. Mr. Liam Gilroy Rev. George R. Cowan Mr. and Mrs. Achille DiLibero Mr. Perry Ferrara Mr. James Giustizia Ms. Carrie Craigmyle Dime Savings Bank of Williamsburg Mr. and Mrs. Joseph Ficalora Mr. and Mrs. F. Giusto Mr. and Mrs. Thomas Crimmins Mr. and Mrs. Stephen DiMichael Ms. Eileen Fitzgerald Mrs. Maureen Moore and CRISTOM Construction Services, Inc. Diocesan Food Service Flatlands Volunteer Ambulance and Mr. Robert C. Golden Mr. and Mrs. David J. Crum Mr. and Mrs. Frank and Ellen Dito First Aid Corps., Inc. Paul A. Golinski Esq. Cullen and Dykman, LLP Mr. and Mrs. Divietri Mr. and Mrs. Thomas F. Flood Mr. Gregor Granderson Mr. and Mrs. Michael Cunningham Rev. Thomas D. Dolan Ms. Jennifer Flynn Mr. and Mrs. Howard Grant Mr. Paul Curiale Mr. and Mrs. William F. Dolan Mrs. Joan Fogarty Mr. Louis C. Grassi and Grassi & Co. Mr. Joseph Curley Mr. and Mrs. Anthony Dolce Food Authority Mr. and Mrs. Laurence Gray Cusumano Brothers, Inc. Mr. and Mrs. Dan Donoghue Mr. George J. Fortunato Graybeards, Ltd. Cypress Hills Cemetery Mrs. Mary Ann Dorsa Mrs. Jacqueline Fortunato Mr. and Mrs. Nicholas Graziano Mr. Anthony D'Ambrosio Ms. Claire Dunne Mr. Jack P. Franzetti Mr. Thomas E. Greene Mr. and Mrs. Renold Damiani Mrs. Susan Dusenberry Mr. and Mrs. Joseph Freda Ms. Eileen Gregan Ms. Susan Damiani Ms. Mary M. Dwyer Frederick Funeral Home, Inc. Mr. and Mrs. Quirino Gregorio Evangelization & † Religious Education PAGE 8

The Bishop John Loughlin Fund

Gregory V. Ceci Design and Ms. Yvonne T. Jackson Ms. Jennifer Lawler Mr. and Mrs. Filomena Martello Consulting Group, Inc. Ms. Bianca Johnson Mr. Thomas Lawler Martin A. Gleason Funeral Home, LLC Dr. and Mrs. Patrick J. Grisafi Mr. John Jorgensen Lee Rain, Inc. Mr. Rick Martino Group 1st LLC Dr. and Mr. Vilma Joseph-Turner Letter Concepts Inc. Mary Queen Of Heaven R.C. Church Grubb & Ellis Judlau Contracting, Inc. Mrs. Mireille Leys Mary's Nativity-St. Ann R.C. Church Mr. and Mrs. Fritz Guelly Juniors Produce Ms. Maureen Jordan Lindie Mattone, Mattone, Mattone, Mattone, Ms. Frances Guida Sun Hwa Kang Mr. Arnold Lionel Megna & Todd H. O. Penn Machinery Company, Inc. Mr. and Mrs. Gregory Karas Maria LiPuma May Ellen & Gerald Ritter Foundation Ms. Noreen J. Haggerty KarmaCom Inc. Ms. Haydee Llanos Mr. and Mrs. John McCabe Dr. John Halikias Mr. and Mrs. Paul Kaufman Mr. John A. Loconsolo Mrs. Frances McCarthy Mr. and Mrs. Joseph Harkins Mr. and Mrs. Francis and Mr. Louis A. Lombardi Mr. and Mrs. George McCartney Hayes & O'Neill Associates, Inc. Helen Keane Ms. Kathleen Lopez Ms. Laurie M. McCorgray Heartshare Human Services Kevin M. Kearney Esq. Mr. and Mrs. Joseph A. Lostritto Kathleen M. McCormack, Esq. Mr. and Mrs. Joseph Heegan Mr. Joseph F. Keenan and Mr. and Mrs. Fernando Luces Mr. John J. McDonnell Helen Keller Services For the Blind Mrs. Anne L. Keenan Lutheran Medical Center Mr. and Mrs. Thomas J. McElhinney Ms. Marilyn Heller Ms. Margaret B. Kelly Luxury Worldwide Transportation Ms. Kathleen C. McEntegart Mr. and Mrs. Robert and Mr. Donald Kent Mr. and Ms. William Lynch Ms. Jane Ann McGettrick Dorothy Hickey Mrs. Rosemary C. Khan M.C. O'Brien, Inc. Mr. and Mrs. John and Mary McGoorty Mrs. Jane E. Higgins Ms. Elizabeth Kilkenny Mrs. Frank J. Macchiarola Mr. and Mrs. Desmond F. McGowan Mr. James Hogan Rev. Msgr. James P. King, P.E. Mrs. Carolyn Madaio Ms. Elvira M. McGuire Ms. Madeline E. Hogan Mr. and Mrs. Francis Kirchoff Rev. John J. Maduri Miss Lucy C. McGuirk Mr. Michael J. Holland Knights Of Columbus/Archbishop Mr. and Mrs. Gerard and Mr. James McHugh Mrs. Josephine Holmberg Council 481 Deborah Magaldi Ms. Rosemary McIntyre Holtz Rubenstein Reminick, LLP Ladies of St. Mary's Orthodox Mr. and Mrs. Thomas and Mr. and Mrs. Martin McManus Holy Name of Jesus R. C. Church Church Maryann Magaldi Mr. and Mrs. Robert McManus Mrs. Dorothy Huber Mr. and Mrs. Alexander H. Ladouceur Ms. Eileen Maguire Mr. Frederick McNicholl Rev. Francis J. Hughes Mr. Patrick Lane Mr. and Mrs. Brendan Mahoney Mr. and Mrs. Charles B. McQuade Mrs. Ellen Hypolite Mr. James Lanza Mr. Timothy Mahoney Megan Electrical Enterprise Inc. & IABS Charities Inc Mr. Thomas M. Laquercia, Esq. Maimonides Medical Center Kayco Construction Corp. Ms. Deborah Iadanza Mrs. Shirley F. Lascano Mr. and Mrs. Gabriel Maitland Mr. Robert Mele Mrs. Marie Iadanza Mr. Robert V. Lavin Rev. Msgr. John H. Maksymowicz Ms. Suzanne Michelle Immaculate Conception R.C. Church Mr. William K. Lavin Dr. Henry A. Malone Mill Basin-Bergen Beach Lions Club Institutional Commodity Services, Mr. and Mrs. Andrew Lawler Mr. and Mrs. Edward F. Mandart Mr. Robert Miller Corp. Mr. Brendan Lawler Mr. and Mrs. Peter Marconi Mr. and Mrs. Thomas J. Mitchell Mr. Stephen Itts Ms. Cathy M. Lawler Mr. James M. Marquardt Mr. Yorke Mizelle † Continuing Education PAGE 9 for Clergy

The St. Charles Borromeo Fund

Mrs. Elaine Monplaisir Our Lady of Hope R.C. Church Mr. and Mrs. Joseph Polizzotto Mr. Frank Russo Deacon and Mrs. Ricardo Moreno Our Lady of Light R.C. Church Mr. Robert Porta, Jr. Mr. Thomas N. Ryan Most Holy Redeemer Catholic Our Lady of Miracles R.C. Church Prismatic Development Corporation S. Katzman Produce, Inc. Academy at St. Michael Our Lady of Mount Carmel Providence House, Inc. Sacred Heart of Jesus R.C. Church Rev. R.C. Church Mr. and Mrs. Peter and Sacred Heart R.C. Church Mucci Family Foundation Our Lady of Mount Carmel Catherine Purpura Salve Regina Catholic Academy Rev. Robert V. Mucci R.C. Church Mr. and Mrs. Paul D. Quinlan Mr. and Mrs. Vincent Santilli Ms. Catherine Muzio Our Lady of Perpetual Help Mr. and Mrs. Terence Quinlan Ms. Elaine Saville MXM Contractors Inc. Catholic Academy R.C. Church of the Assumption of Schiavone Construction Co. LLC Rev. Jerome Nadine Our Lady of Perpetual Help the Blessed Virgin Mary Ms. Cindy Schreiner Rev. Heebong Nam R.C. Church Miss Greta Rafferty Schumacher and Farley Plumbing Mr. and Mrs. James & Devika Nash Our Lady Of Snows Holy Mr. and Mrs. John D. Rafferty & Heating Mr. and Mrs. Charles P. Nastro Name Society Mr. and Mrs. Domenick Ranieri Mr. Joseph Sciame Ms. Therese Nastro Our Lady of Sorrows R.C. Church Ranshaw Fuel, Oil and Plumbing Mr. and Mrs. Carlo Scissura Nativity of the B.V.M.-St. Stanislaus Our Lady of the Blessed Ms. Francesca Reca Mr. and Mrs. John Scolaro B & M R.C. Church Sacrament School Mrs. Patricia Reinhardt Judge and Mrs. Frank R. Seddio New York Community Bank Our Lady of the Snows R.C. Church Mrs. Karen P. Restaino Mr. and Mrs. Donald C. Semon Mr. and Mrs. Kenneth P. Nolan Our Lady's Catholic Academy at Ms. Ellen Rhatigan Mr. and Mrs. Bruce L. Sendek Mr. John Notaro St. Teresa of Avila Mr. Robert P. Rich Senior Citizens Club Ms. Juliana Notaro Mr. and Mrs. Lester J. Owens Mr. and Mrs. Jose Rios Mrs. Ingrid A Seunarine Ms. Mary F. O'Brien Ozanam Hall of Queens Nursing Ms. Velma Rivera Ms. Kristin G. Shea Ms. Joan T. O'Connell Home, Inc. Rocklyn Asset Corp. Dr. Margaret M. Siegrist O'Connor Davies, LLP Mr. Mark Palmer Mr. and Mrs. Peter S. Roggemann Signature Bank Mr. Michael J. O'Connor Mr. Mark S. Palmer Mr. Vincent A. Rohan Siri & Marsik Architects, P.C. Ms. Barbara O'Keefe Mr. and Mrs. Thomas and Mr. and Mrs. Samuel E. Romanzo Sisters of St. Joseph Mr. and Mrs. Robert J. O'Keefe Mary Ann Papagni Mr. and Mrs. George Romero Mr. Stanley Slomka Mrs. Valerie Ortiz Mr. Rocco J. Pascarella, Jr. Mr. Michael J. Romersa Mr. and Mrs. Lawrence Smith Dr. M. J. O'Sullivan Mr. Anthony G. Patrizio Mrs. Enid Blas Rosas Reverend Le Roy J Smith Rev. Msgr. Patrick F. O'Toole Rev. Msgr. Joseph C. Pfeiffer Margaret and Robert Rothman Snuggles Realty Corp. Our Lady Help of Christians R.C. Picciano & Scahill, P.C. Mr. James Ruggiero Ms. June Young Song Church Mr. Michael Piccininni Mr. and Mrs. Christopher and Mrs. Meryl Sorrentino Our Lady of Angels R.C. Church Mr. and Mrs. Peter Piccininni Christina Russell Mr. and Mrs. Thomas Sorrentino Our Lady of Fatima R.C. Church Pitta Bishop del Giorno & Giblin, LLC Mr. and Mrs. Clifford and South Queens Boys and Girls Club Our Lady of Grace School Ms. Josephine Podolsky Marie S. Russell Ms. Jean V. Spezio Our Lady of Guadalupe R.C. Church Mr. and Mrs. Erzo Politi Mr. and Mrs. William Russell Mr. and Mrs. Angelo Spinelli Immigration † PAGE 10

The Bishop Thomas V. Daily Fund

Henry M. Spinelli, MD St. Sebastian School Top Katz Brokers, LLC Mr. and Mrs. Allan J. Whitney St. Adalbert School St. Stanislaus Kostka R.C. Church Ms. Angela Torre Mr. and Mrs. Thomas Wilson St. Agatha School St. Teresa of Avila R.C. Church Mr. and Mrs. Angel Torres Wingate Kearney & Cullen St. Anastasia R.C. Church St. Thomas the Apostle R.C. Church Mr. and Mrs. Gerald Tortorella Rev. Joseph F. Wiseman St. Anselm R.C. Church St. Thomas the Apostle School Mr. and Mrs. John Tramutola, Jr. Mr. and Mrs. John and St. Athanasius R.C. Church St. Vincent DePaul Charitable Trust Transfiguration R.C. Church Madeline Wrzesc St. Bernadette School Mr. Dominick Stanzione Mr. and Mrs. Michael Trotta Rev. John S. Wtulich St. Bernard Knights of Columbus Mr. and Mrs. Steven Stathis Mr. and Mrs. Daniel Tubridy Mr. and Mrs. Richard F. Yanke Council No. 14269 Mr. and Mrs. Eric Steinweiss Mr. and Mrs. John Tubridy Ms. Catherine Young St. Catharine of Alexandria R.C. Mrs. Diane Stevens Mr. Tim Tubridy Mr. and Mrs. Young Church Strazzullo Law Firm, PC Mr. and Mrs. Robert Turner Dr. John J. Young and St. Catherine of Genoa-St. Therese Student Sponsor Partners Mr. and Mrs. Robert Tyne Dr. Susan V. Young of Lisieux Catholic Acad. Ms. Fran Sullivan and Mrs. Donald W. Tynion Mrs. Mirella Young St. Columba R.C. Church Mr. John Brennan Mr. Eric Ulrich Mrs. Kimberly T. Ziganto St. Francis College Most Rev. Joseph M. Sullivan, D.D. Underpinning & Foundation, Mr. and Mrs. Harry & Rose Zuzworsky St. Francis Summer League Mrs. Marilyn Swatuck Skanska, Inc. St. Helen R.C. Church Mr. James H. Sweeney Vallo Transportation Ltd St. Joan Of Arc R.C. Church Rev. Kevin J. Sweeney Mr. and Mrs. Nick Vendikos St. Josaphat R.C. Church T.A.R. Catering Corp. Ms. Anne Ventimiglia St. Joseph's College Ms. Concetta Tagliarini Mr. and Mrs. Joseph L. Vessecchia St. Leo R.C. Church Mr. Paul Tanico Vetta Jewelry St. Leo School Mr. and Mrs. William Taylor, Jr. Victoria Consulting and St. Luke School TD Bank Development, LLC St. Margaret R.C. Church Mr. and Mrs. Richard and Mr. Nicholas Villamagna St. Mark R.C. Church Gradita Teahan Visitation Academy St. Mark School Rev. Vincent J. Termine, P.E. Mr. Michael Vitale St. Mel R.C. Church The Al & Peggy DeMatteis Mr. and Mrs. Anthony Vitobello St. Michael R.C. Church Family Foundation Mr. and Mrs. John Viverito St. Patrick School The Brooklyn United Ms. Anthea Vivona St. Patrick's R.C. Church Methodist Church W.P.E. Catering St. Paul the Apostle R.C. Church The Cathedral Club of Brooklyn Ms. Catherine M. Walsh St. Robert Bellarmine R.C. Church The Tribunal Mr. and Mrs. John J. Walsh St. Rosalia-Regina Pacis R.C. Church Ms. Linda Timmons Mr. and Mrs. John C. Walton St. Rose of Lima R.C. Church Mr. and Mrs. Louis and Tina Tirella Mrs. Ana Maria Watanabe St. Saviour R.C. Church Tomcon Industries, Inc. Ms. Joanne Weiss St. Sebastian R.C. Church Top Banana, LLC Rev. Robert J. Whelan † PAGE 11

STATEMENTS OF FINANCIAL POSITION

December 31, 2012 Assets Cash and cash equivalents $ 4,251,998 Investments 19,075,823 Restricted investments 43,429,020 Contributions and pledges receivable 21,825 Prepaid expenses and other assets 10,467 Furniture and equipment, net 13,801 Total Assets $ 66,802,934 Liabilities and Net Assets Liabilities: Accrued expenses $ 166,624 Grants payable 1,530,506 Total Liabilities 1,697,130 Commitments and Contingencies Net Assets Unrestricted Board designated 3,900,380 Operating 2,145,079 Temporarily restricted 15,631,325 Permanently restricted 43,429,020 Total Net Assets 65,105,804 Total Liabilities and Net Assets $ 66,802,934

STATEMENTS OF ACTIVITIES 2012 Unrestricted Board Temporarily Permanently December 31, Operating Designated Restricted Restricted Total Revenue and Support: Dividends and interest $ — $ 69,590 $ 1,581,536 $ — $ 1,651,126 Net unrealized and realized gain on investments — 15,435 7,385,220 — 7,400,655 Contributions 657,720 — 220,023 151,444 1,029,187 Fundraising events, net of direct cost of $50,027 — — 273,585 — 273,585 Other fees 1,357,382 — — — 1,357,382 Net assets released from donor restrictions 10,169,102 — (10,169,102) — — Total Revenue and Support 12,184,204 85,025 (708,738) 151,444 11,711,935 Expenses: Program Services—grant making 9,545,110 1,570,497 — — 11,115,607 Supporting Services: — — — — Management and general 2,522,306 — — — 2,522,306 Fundraising 601,191 — — — 601,191 Total Expenses 12,668,607 1,570,497 — — 14,239,104 Change in Net Assets Before ‹Board Designation (484,403) (1,485,472) (708,738) 151,444 (2,527,169) Board designation (857,388) 857,388 — — — Change in Net Assets (1,341,791) (628,084) (708,738) 151,444 (2,527,169) Net Assets ‹Beginning of Year, as restated 3,486,870 4,528,464 16,340,063 43,277,576 67,632,973 ‹End of Year $ 2,145,079 $ 3,900,380 $ 15,631,325 $ 43,429,020 $ 65,105,804 † PAGE 12

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 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 WAYS 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- TO 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 • Cash • 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 • Cash • 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 per- • Percentage of estate designated by the donor petual gift • Remainder of estate • Remainder of estate after other obligations have been satisfied

Charitable • Cash • 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 • Cash • 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 • Cash • 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 major Plan/IRA for Brooklyn and Queens as of donor gift beneficiary of death benefit • Estate and income tax savings 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 Peter Fifield Cullen and Dykman LLP Retired Vice-President, Database and Research Specialist General Counsel and Director of Alexander V. Rohan, Esq., John L. Heyer II Union Carbide Corporation CFA, CPA Development Officer Senior Vice President Board of Directors Investment Banking, Recapitalization Tanairi Lozada & Restructuring Scholarship Program Coordinator Jill Arkwright-Harvey, CFA Jefferies & Company, Inc. Managing Director John Notaro Fieldpoint Private Samuel Romanzo Director of Operations and Programs Director Frank V. Carone, Esq. Erica L. Oleske Product and Business Development, Partner Associate Development Officer Global Markets Financing & Futures Abrams, Fensterman, Fensterman, Bank of America Merrill Lynch Sylvia Sadlak Eisman, Formato, Ferrara, Eniger, LLP Associate Director of Programs John Walton Rev. Msgr. Jamie J. Gigantiello Managing Partner Aida Torres Vicar for Development DVUV Holdings, LLC Associate Director of Operations Diocese of Brooklyn Nicholas J. Vendikos Mary Jane McCartney Director of Development Retired Senior Vice President Gas Operations Wycliffe Wilkinson Consolidated Edison of New York, Inc. Associate Director of Development 243 Prospect Park West Brooklyn, NY 11215 (718) 965-7375 www.catholicfoundationbq.org

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