An Enduring Stewardship
CULTIVATING AN ENDURING STEWARDSHIP ANNUAL REPORT FOR FISCAL YEAR 2017 JULY 1, 2016-JUNE 30, 2017 CATHOLIC COMMUNITY FOUNDATION ANNUAL REPORT, FISCAL YEAR 2017 OVERVIEW WELCOME FROM ARCHBISHOP LORI 1 VISION AND MISSION 2 LETTER FROM THE EXECUTIVE DIRECTOR 3 FINANCIALS YEAR IN REVIEW 4 INVESTMENT REVIEW 5 PERFORMANCE REVIEW 6 SELECTED FINANCIAL INFORMATION 7 ENDOWMENTS CULTIVATING AN ENDURING STEWARDSHIP 9 NEW ENDOWMENT FUNDS 12 ENDOWMENT FUNDS BY PURPOSE 13 DISTRIBUTIONS 25 DONOR ADVISED FUNDS 26 LEGACY LEAGUE 27 ABOUT THE FOUNDATION FOUNDATION LEADERSHIP 30 CONTACT US/LEGACY 32 “INTERGENERATIONAL SOLIDARITY IS NOT OPTIONAL, BUT RATHER A BASIC QUESTION OF JUSTICE, SINCE THE WORLD WE RECEIVED ALSO BELONGS TO THOSE WHO WILL FOLLOW US.” -Pope Francis, Laudato si’, On Care for Our Common Home (May, 2015) DEAR FRIENDS IN CHRIST, With these words, Pope Francis defines a fundamental responsibility we all share: to sustain our earth’s resources to ensure that they are safeguarded for future generations. For, as Pope Francis reminds us, we are not proprietors here, but custodians of the God-given gifts of nature we too often take for granted. As such, it is incumbent upon us to improve the world and its myriad gifts that are our responsibility to protect and preserve. Similarly, at the Catholic Community Foundation, we strive to steward the gifts bestowed on our local Church so that they, “FOR, AS POPE FRANCIS too, can nourish future generations of Catholics. Our parishes’ REMINDS US, WE ARE celebration of the Mass and the Sacraments; our schools, faith NOT PROPRIETORS formation programs, and evangelizing efforts that help grow our HERE, BUT CUSTODIANS Catholic family; the compassionate care provided from programs offered by Catholic Charities, Catholic Relief Services, and other OF THE GOD-GIVEN outreach partners – all of these and more are strengthened by your GIFTS OF NATURE WE endowed giving to the Foundation.
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