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The Catholic Foundation 2020 Annual Report

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The Catholic Foundation 2020 Annual Report 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. We appreciate your generosity. We would also like to thank all our do- nors who supported the many trusts. As you read through this report, I hope that it generates pride within you. It is be- cause of your generosity that we can continue to grow the Foundation each year. I would like to thank the Investment Committee. The members of this committee were dedicated to ensuring our portfolio weathered the financial storm. They were committed to meeting weekly to keep a close eye on the market. I would like to also thank our Board of Directors who also had to learn new technology so we could meet via zoom to con- tinue to conduct business. As we look back on the year of 2020, as a country our resiliency will be remembered and at the Foundation, we will remember how our resiliency helped us to weather the storm. It is with great pride that we achieved so many accom- plishments through our dedication to our donors, portfolio management, membership drive and our golf tournament. All these accomplishments ensure the future success of our beneficiaries and ministries supported by The Foundation. The Foundation staff is here to help you with your legacy gift. Please contact our office and we will work with you on the type of gift that meets your philanthropic goals. As 2020 is behind us we look ahead to 2021 with optimism and a belief in our mission. Warmest Regards, Rebecca Harris Executive Director Page 3 Board of Directors OFFICERS OF THE FOUNDATION Bishop Joseph Kopacz Director Joe Rice, Jr. President Chris Correro Vice President-President Elect Michael Kimbrell Treasurer Diane Pumphrey Secretary Rev. Nick Adam .............................................. Jackson Charles Adams, Jr. ......................................... Florida Bob Lampton .................................................... Jackson Eddie Adkins ................................................. Ridgeland Anna Langley ..................................................... Oxford Joe Azar Jr. ..................................................... Batesville Most Reverend Joseph Latino ....................... Emeritus Elizabeth Barber ................................................... Flora Lewis Mallory, Jr. ........................................... Starkville Marc Biggers .............................................. Greenwood Marcus Mallory ............................................ Columbus Patrick Biglane ................................................. Natchez Steve Massey .............................................. Ridgeland Carolyn Callahan ............................................ Madison Jim McCraw .................................................... Jackson Paul Cassisa ...................................................... Oxford Bill O’Connor ..................................................... Clinton Chris Cox .......................................................... Flowood Emil Pawlik ..................................................... Jackson Rev. Lincoln Dall .................................................... Pearl Allan Scott. ........................................................ Clinton Harlan Dean ....................................................... Clinton Stephen Shackelford .................................... Madison Margie Delaney ............................................... Brandon Bryan Shaver ........................................... Olive Branch Dr. Wayne Ebelhar ....................................... Greenville Steve Shirley ................................................... Jackson George Evans ................................................. Madison Michael Smith ......................................... Brookhaven Keith Fulcher ................................................ Hernando A. J. Stone, Jr. ................................................. Jackson John Geary ...................................................... Jackson Yvonne Thaxton ............................................. Brandon Robin Haire……………………………...………………….Tupelo Rev. Scott Thomas ........................................ Natchez Harrison Hart ................................................... Madison Katie Walley ................................................... Brandon Ewin Henson, III ......................................... Greenwood Christopher Walters ...................................... Brandon Karen Hulett .................................................... Madison Dr. David Wender ........................................... Jackson Rev. Gerry Hurley ............................................. Flowood Lee White, II ...................................................... Natchez Rev. Jason Johnston ...................................... Starkville Donna Williams .............................................. Jackson Page 6 Committee Members Executive Budget Bishop Joseph Kopacz Joe Rice, Jr. Joe Rice, Jr. Carolyn Callahan Chuck Adams, Jr. Michael Kimbrell Chair Carolyn Callahan Rebecca Harris Chris Correro Fr. Lincoln Dall Income Development George Evans Marc Biggers John Geary (Emeritus) Pat Biglane Rebecca Harris Paul Cassisa Harrison Hart Wayne Ebelhar Michael Kimbrell Keith Fulcher Chair Rebecca Harris Lewis Mallory Karen Hulett Diane Pumphrey Anna Langley Steve Shackelford Jim McCraw Michael Smith Bill O’Connor A.J. Stone, Jr. Emil Pawlik Bryan Shaver Investment Mike Smith Bishop Joseph Kopacz Chris Walters Chris Correro Chair John Geary (Emeritus) Nominating Rebecca Harris Bishop Joseph Kopacz Joe Rice, Jr. Fr. Lincoln Dall Steve Massey Rebecca Harris Steve Shirley Lewis Mallory Jim McCraw Joe Rice, Jr. Grant Allocation Lee White Bishop Joseph Kopacz Carolyn Callahan Golf Tournament Fr. Lincoln Dall Stephen Carmody Chair Margie Delaney Brandi Fournet Wayne Ebelhar Rebecca Harris Rebecca Harris Mike Kimbrell Ewin Henson Katie Walley Joe Rice, Jr. Chair Ethel Westbrook Sonny Stone Julia Williams Donna Williams Mary Woodward “It is not about how much you do, but how much love you put into what you do that counts.” ~ Saint Mother Teresa of Calcutta Page 7 Catholic Foundation Trust Many donors have chosen to start a trust with the Catholic Foundation. The chart below shows the breakdown of those trusts. A trust with The Catholic Foundation is a way to leave a legacy that will make a difference for generations. It is a simple and easy process. First Determine how much you wish to invest in the future of your parish through a trust. Second Designate the purpose of your trust. Third Call The Catholic Foundation staff to begin the process. Rebecca Harris 601-960-8477 Page 8 Trust Balances by category as of June 30, 2019 Campus Ministry Catherine Ann Cross Sterling O. Knight Dean Allen McGhee (MS State) Catherine Goetz Gill Marvin L. Lott St. John Trust for Campus Ministry (Ole Miss) Catherine McCosker Jobe Maynor Richard and Frances Boekman (Millsaps) CF Presidential Trust Marion J. McCraw, II Total Principal $39,467 Corinne Laguzzi Hinton William L. Morris Dr. William Cunningham McHardy Memorial Jim V. Pate Edith D. Hegman John F. Piazza Catholic Charities Edward Buttross #1 Patrick K. Quinn A. Clinton and Margaret Smith Englehart & Merzweiler Dennis K. Riecke Associated Charities Trust Fr. Don Derivaux Memorial Trust Jerry C. Roberts Catholic Charities Trusts Fr. Lawrence Watts #1 George Roman Catholic Charities Adoptive Parents Trust Fr. Lawrence Watts #2 Dr. James R. Rooks Catholic Charities Northeast Office Trust George Roman Charitable Works Trust Thomas W. Thornton Catholic Charities Victims of Abuse Trust
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