2018-2019 Annual Report of the Catholic Foundation, Diocese of St

meani ngful AnnuAl RepoRt impact 2018-2019 through inspired giving co nn ectin g catholics

table of oVeRVIeW contents Welcome from bishop estévez page 2 mission & vision statements page 3 letter from board chair & executive director page 4

FInAncIAls financial activity page 5 & 6 catholic responsible investing page 6

enDoWMent endowment fund accounts page 7 inspired to give, leaving a lasting impact page 8 distributions & grants page 9 grant recipient – st. cecilia music ministry page 10

oRDeR oF AuGustIn VeRot page 11 & 12

ABout tHe FounDAtIon values statement page 13 foundation leadership & staﬀ page 14

1 Welcome from bishop estévez

dear brothers and sisters in christ, i am pleased to share with you the 2018-2019 annual report of the catholic foundation, diocese of st. augustine. since its inception in 1987, the foundation has continued to connect catholics in a meaningful and lasting way with parishes, schools, and ministries throughout the 17 counties that form our diocese in north florida. in fact, since disbursements began in 2002, almost $11.2 million has been distributed through income earned from these investments!

I am so very grateful for the leadership of our Foundation Board of Directors, who commit so much of their time in service to our Church and community. I am particularly grateful to Father Michael Houle, who has served this year as Interim Executive Director. His careful direction has served as a sound foundation for the work of our new Executive Director, Patricia DiSandro.

I also thank the donors who have responded most generously to the blessings of our Lord. Your gifts strengthen the mission of our Church and make an eternal difference in the lives of so many. Your generous response to our call to be stewards of His many blessings is an investment into the future of our faith family.

May Christ be with you as you continue to build communion within the Church and out into the world for generations to come. I am,

Sincerely yours,

Most Rev. Felipe J. Estévez, S.T.D. Bishop of St. Augustine

2 mission & vis ion

The Mission the catholic foundation builds a christ-centered future for the good works of the church in north florida through inspired charitable giving.

The Vision the vision of the catholic foundation is a church generously endowed to fully support the development and charity of our faith community.

3 letter from board chair & executive director

Dear Friends,

The 2018-2019 fiscal year found the Catholic Foundation continuing to reach more and more of the faithful, sharing our mission to serve as a trusted partner to our entire faith community. We live our Catholic faith through our enduring relationships and careful management of resources.

Our foundation has grown to include endowment accounts for more than 130 parishes, schools, and ministries in our diocese. This endowment has increased more than $36 million and represents thousands of individual stories – stories of people throughout our diocese who are passionate about their faith and who want to make a meaningful and lasting difference in the work of the Church.

As you will see throughout this report, we made great strides in accomplishing the Foundation’s mission last year. We cannot stop and rest on these successes. If the Foundation is to fulfill its vision, then we need your help, your support, and your inspiration. YOU are why we are here and together we can insure the future of our Church and its important ministry.

Gratefully yours,

John McLaughlin Patricia DiSandro Board Chair Executive Director

highlights 2018-2019 • $2,121,056 net increase in total assets • $1,464,481 distributed to account holders throughout the diocese • $111,200 in grants awarded to diocesan entities for 26 projects • 182 individual gift plan consultations • 5 new endowment accounts • 10 estate planning presentations with catholic foundation partners • 17 new order of augustin verot faith legacy gift registrations []• 5 new board members 4 – FInAncIAls –

STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS | AS OF JUNE 30, 2019

revenue, gains and other support

Contributions $377,979 Investment income $1,381,886 Market gains (unrealized) $2,153,473 Other revenue $234,873 Total revenue, gains and other support $4,148,211

expenses

Grants and account disbursements $1,464,481 Annuitant payments $102,254 Operating expenses $460,420 Total disbursements and expenses $2,027,155 Changes in net assets $2,121,056

net assets

Beginning of year $34,743,476 End of year $36,864,532

CATHOLIC FOUNDATION donor asset MINISTRIES (UNRESTRICTED) $6,050,225 16% $4,185,14 7 11% allocations » » as of GIFT ANNUITIES PARISHES $178,818 » 1% June 30, 2019 $9,687,870 » 26% » CATHOLIC SCHOOLS $16,762,472 » 46%

catholic foundation For a copy of the independent auditor’s report for the Catholic Foundation’s fiscal year ending June 30, 2019 please write to: Diocese of St. Augustine | Attn: Fiscal Office | 11625 Old St. Augustine Road | Jacksonville, FL 32258 904-262-3200 | www.dosafl.com/catholic-foundation/ | IRS Form 990 is available at www.guidestar.org.

5 – FInAncIAls –

endoWment fund distributions net asset groWth

$1,600,000 $40,000,000

$1,400,000 $35,000,000

$1,200,000 $30,000,000

$1,000,000 $25,000,000

$800,000 $20,000,000

$600,000 $15,000,000

$400,000 $10,000,000

$200,000 $5,000,000

$0 $0 2011 2012 2013 2014 2015 2016 20 17 2018 2019 201 4 2015 2016 20 17 2018 2019

“Besides physical improvements, All of these enhancements have the funds from our endowment been possible because of our account have helped us with the parishioners who have generously spiritual mission of St. Paul’s. committed their blessings to invest We are so blessed and grateful in their beloved St. Paul’s.” for all the support our Fr. George Vaniyapurackal | Pastor endowment has afforded us St. Paul Catholic Church, for the last several years. Jacksonville

catholic responsible investing

The Catholic Foundation partners with Christian Brothers Investment Services, Inc. (CBIS) and Wells Fargo to align our investments with our mission – not only to produce returns to fund the good works of the Church in North Florida, but to reflect in the investments themselves the ethical and social beliefs of our Catholic faith. Christian Brothers and Wells Fargo employ socially responsible investing, an investment strategy designed specifically to allow our mission to work in harmony with the management of our investment portfolios. This strategy includes: • catholic Investment screening • Active ownership • Diversified Asset Management The Catholic Foundation adheres to the investment guidelines of the United States Conference of Catholic Bishops and screens out companies that disregard Church teachings. As an investment strategy, this method seeks to actively improve companies by encouraging worker, environmental, and social reforms. To find out more about our partnership with CBIS and Wells Fargo or to learn more about Catholic Responsible Investing go to https://www.dosafl.com/catholic-foundation/.

6 – enDoWMent – enDoWMent FunD Accounts

pARIsHes Assumption Catholic Church Our Lady Star of the Sea Catholic Church St. Francis Xavier Catholic Church Basilica of the Immaculate Conception Prince of Peace Catholic Church St. John the Evangelist Catholic Church - Blessed Trinity Catholic Church Queen of Peace Catholic Church Chiefland Blessed Trinity - General Resurrection Catholic Church St. John the Evangelist Catholic Church - Blessed Trinity - Joyce A. Aycocke Sacred Heart Catholic Church - Interlachen Cathedral Basilica of St. Augustine Flemming Island St. Joseph Catholic Church Cathedral Basilica - General Sacred Heart Catholic Church - Jacksonville St. Luke Catholic Church Cathedral Basilica Liturgical San Jose Catholic Church St. Madeleine Sophie Catholic Church Christ the King Catholic Church San Jose - General St. Madeleine - General Christ the King - General San Jose - Joyce A. Aycocke St. Madeleine Memorial Gardens Christ the King - Joyce A. Aycocke San Juan del Rio Catholic Church Perpetual Care Christ the King SVDP San Juan del Rio Bell Tower St. Mary, Mother of God Catholic Church - Christ the King Youth San Juan del Rio - General Bunnell Corpus Christi Catholic Church San Juan del Rio Perpetual Care St. Mary, Mother of Mercy Catholic Crucifixion Catholic Church San Juan Mission Church - Macclenny Epiphany Catholic Church San Sebastian Catholic Church St. Matthew Catholic Church Holy Cross Mission Santa Maria del Mar Catholic Church St. Michael Catholic Church Holy Faith Catholic Church St. Ambrose Catholic Church St. Michael - General Holy Family Catholic Church - Jacksonville St. Ambrose Cemetery St. Michael Cemetery Holy Family - General St. Ambrose - General St. Monica Catholic Church Holy Family - Joyce A. Aycocke St. Anastasia Catholic Church St. Patrick Catholic Church - Gainesville Holy Family Catholic Church - Williston St. Anthony the Abbot Mission St. Patrick Catholic Church - Jacksonville Holy Rosary Catholic Church St. Augustine Catholic Church & Student St. Paul Catholic Church - Jacksonville Holy Spirit Catholic Church Center - Gainesville St. Paul Catholic Church - Jacksonville Beach Mary, Queen of Heaven Catholic Church St. Catherine of Siena Catholic Church St. Peter Mission Most Holy Redeemer Catholic Church St. Edward Catholic Church St. Philip Neri Mission Our Lady of Consolation Catholic Church St. Elizabeth Ann Seton Catholic Church St. Pius V Catholic Church Our Lady of Good Counsel Mission St. Francis of Assisi Mission, Yulee St. William Catholic Church

cAtHolIc scHools All-Schools Scholarship Cathedral Parish School San Jose Catholic School Annunciation Interparish School Christ the King Catholic School St. Elizabeth Ann Seton Catholic School Assumption Catholic School Diocesan Education St. Francis Catholic Academy Bishop John J. Snyder High School Epiphany Catholic School St. Joseph Academy - St. Augustine Bishop John J. Snyder High School – General Guardian Catholic School St. Joseph Catholic School - Jacksonville St. Matthew Catholic School BJSH Nu-Trend Scholarship Holy Family Catholic School St. Michael Academy BJSH Vallencourt Scholarship Holy Spirit Catholic School St. Michael Academy - General Louis E. & Genevieve C. Joos Trust - James & Elizabeth Mullen Nassau County St. Michael Academy Don Fuller Scholarship Bishop John J. Snyder High School Catholic Education St. Patrick Catholic School - Jacksonville Bishop Kenny High School Morning Star Catholic School St. Patrick Interparish School - Gainesville Bishop Kenny High School - General Palmer Catholic Academy St. Paul Catholic School - Jacksonville Louis E. & Genevieve C. Joos Trust - Queen of Peace Catholic Academy St. Paul - General Bishop Kenny High School Resurrection Catholic School Brizard Scholarship Blessed Trinity Catholic School Sacred Heart Catholic School St. Paul Catholic School - Jacksonville Beach

MInIstRIes Camp St. John Chapel Disabilities Ministry National Shrine of Our Lady of La Leche Campus Ministry Edward I. Devlin Orphan Care & Adoption St. Vincent de Paul Society Caroline Sandow Alpha Retreat Scholarship Family Housing Management Co., Inc. * St. Augustine Diocesan Council, St. Augustine Catholic Church - Diocesan Christian Formation Ministry Society of St. Vincent de Paul, Inc University of Florida * Christian Formation Ministry St. Vincent de Paul Society, Inc. Steven O'Connell Catholic Gators Scholarship Women's Formation Scholarship Vocations Catholic Charities DSA Fund - Stewardship Vocations - General Bishop John J. Snyder Catholic Charities Family Life Office Louis E. & Genevieve C. Joos Trust - Vocations Camp I Am Special Maintenance Office of Human Resources Office For Education of Seminarians Catholic Charities - General Office of Youth & Young Adult Ministries* Pacita Tubianoza, MD & Amado Catholic Charities Bureau, Gainesville Respect Life Tubianoza Vocations* Catholic Charities Jacksonville Regional Office San Lorenzo Cemetery Priests' Long Term Care Catholic Charities Lake City Regional Office San Lorenzo – Rosa McNally Sisters' Retirement Catholic Charities St. Augustine Branch San Lorenzo Cemetery - General Social Justice Education For Priests* *New endowment funds which were created during the 2018-2019 fiscal year

7 – enDoWMent –

InspIReD to GIVe, leAVInG A lAstInG IMpAct

pam and George Dewey care deeply about our church in north Florida. Active parishioners in the Diocese of st. Augustine, they have built relationships and formed lasting ties throughout our faith community by volunteering and donating to parishes and ministries over the years.

Contributed by: Lilla Ross They are especially proud of their parish community and grateful for the opportunity To ensure the future of their beloved to help create its permanent endowment Church, they have also recently account at the Catholic Foundation. become “investors” in the Diocese St. John Paul II Mission, one of the newest of St. Augustine. Their investment Missions in the diocese, was founded in will provide valuable support for 2012 in the community of Nocatee in several vital programs when they St. Johns County. It began as a mission are no longer able to do so in person. of Our Lady Star of the Sea Parish in The plans that they have made today Ponte Vedra Beach with 136 families and quickly doubled in size. A parish center are the foundation for future support was built in 2015 on 35 acres of land for the people and ministries that donated to the diocese by the Davis family. are closest to their hearts. “It’s such a young parish,” Pam said. “We were surprised by “We’ve started an endowment for our parish, St. John Paul how many parishes and ministries have foundation accounts. II Mission. This enables us and others to contribute now to It’s a long list, and it’s growing. And now, St. John Paul II grow future funding. The parish can also invest in the fund, does, too, and anyone can make contributions to it.” ensuring its future growth. We’ve also made a plan to contribute to the endowment account for the Office of The Deweys decided to contribute to the new endowment Human Life and Dignity. The actual money is coming fund for their mission and the diocesan offices of Vocations from our IRA (individual retirement account).” and Human Life and Dignity as part of their estate plan. “We have so many seminarians, and this will help them as There are many ways to contribute to an endowment well as the future of our Church,” Pam said. fund, either during life or through your estate plan, after you’re deceased. They also are contributing to the Office of Human Life and Dignity, where Pam is a longtime volunteer. She is the South The Deweys were updating their wills, making provisions for Jacksonville Deanery Respect Life Chair, serving as an their two children and their favorite charities, when Pam read intermediary between parishes and the diocesan office. about a couple who had used their IRA to make a contribution The diocese recently hosted the 2019 Florida Respect Life to the Catholic Foundation as part of their estate planning. Conference at St. Anastasia Catholic Church in St. Augustine. “If someone with a Traditional IRA turned 70½ by the end of “One thing we like about utilizing the Foundation as a 2019, you are required to start making withdrawals,” George charitable partner is that we can choose what ministries said. “For people who haven’t hit 70 ½ by the end of 2019, recent and what percentages we give,” Pam said. “And – it’s very new legislation signed into law pushes out the RMD start date easily revised if needed in the future.” for most situations until age 72.” Income from an IRA can be taxable, but part or all of the income can be transferred as George encourages people of any age to consider a gift to the a qualified charitable distribution (QCD). By giving to the Catholic Foundation. “Anyone making a gift —now or later Foundation, the proceeds are not taxable,” he shared. *** — have several roads to take, but they should be aware of the tax law regarding gifts from IRAs,” George said. “It’s an If George sounds like he knows what he’s talking about, investment in the diocese. This is a way of paying back.” he does. He was an attorney in the estate and gift tax division for the Internal Revenue Service. Pam worked there also, *** Due to frequent legal updates in this area, it is recommended you consult a tax professional or your financial advisor before making any charitable distribution. in IT (Information Technology). They are both now retired. For further information, visit the Catholic Foundation webpage - “I was reviewing wills and trusts and more aware of these https://dosafl.giftplans.org/ “Ways to Give” regarding gifts from a retirement plan. issues than many folks,” George said.

8 – enDoWMent –

2018-201 9 distributions and grants

The ﬁscal year 2018-2019 saw $912,367 in distributions received by 56 of 128 eligible endowment accounts .* These ﬁnancial resources are the annual disbursement that account holders utilize to greatly increase the abilities of our parishes, schools, and ministries in achieving their missions. total Distribution: $1,464,481 PARISH MINISTRY OTHER $306,546 $310,011 $2,000

CATHOLIC SCHOOL GRANT DISTRIBUTIONS REINVESTED $295,809 $111,200 $438,914

Included in the total annual distributions of $1,464,481, was $111,200 in grants awarded to various Catholic entities in our diocese, who have submitted funding requests under Bishop Estévez’s grant priorities of: Connectedness, Formation, or Outreach. These grants are made possible by formative contributions from the Diocese of St. Augustine, as well as generous individual donors who have given to the permanent unrestricted endowment account of the Catholic Foundation.

2019 FounDAtIon GRAnt RecIpIents Bishop John J. snyder High school st. Augustine catholic church baker county initiative (outreach) - $1,000 parish evangelization team (connectedness) - $2,000 catholic charities st. Francis catholic Academy camp i am special (outreach) - $5,000 rural education initiative technology support (formation) - $5,500 epiphany catholic school rural education initiative (formation) - $6,500 st. Francis of Assisi catholic Mission Holy Rosary catholic church music ministry (formation) - $3,000 bathroom renovation (outreach) - $8,000 st. Francis Xavier catholic church Mary , Queen of Heaven catholic church rural parish initiative (formation) - $6,500 learning center (formation) - $5,000 st. John the Baptist catholic church office of christian Formation religious education (formation) - $5,000 fanning the flame (formation) - $3,000 st. John the evangelist catholic church – chiefland office of Human life and Dignity st. cecilia music ministry (connectedness) - $6,000 florida respect life conference st. Mary, Mother of God catholic church (outreach) - $9,000 Youth faith formation (formation) - $1,000 office of Youth & Young Adult Ministries st. Monica catholic church mpact day of service (outreach) - $1,000 riding on angels Wings (formation) - $6,500 servant’s heart camp (outreach) - $1,500 urban plunge (outreach) - $5,000 st. patrick catholic church – Jacksonville fidelis (formation) - $3,000 sacred Heart catholic school lives of saints books (formation) - $1,000 st. patrick catholic church – Gainesville san Juan catholic Mission growth on faith family (connectedness) - $2,000 manitas de Jesus (outreach) - $3,000 st. patrick Interparish school outreach to rural families (outreach) - $3,200 transportation program (formation) - $10,000 sisters of st. Joseph Young catholic professionals revitalization & expansion (outreach) - $3,500 Witness for christ (outreach) - $5,000

*endowment account holders of the balance of the 128 funds eligible for distributions chose, instead, to reinvest them into their accounts’ corpus.

9 – enDoWMent –

meaningful impact 2019 grant highlight

st. cecilia music ministrY: st. John the evangelist catholic church – chiefland

Contributed by Toni Davis and Julie Snow The St. Cecilia Music Ministry, an outreach ministry of St. John the When there is music at Mass, Evangelist Catholic Church in Chiefland, was inspired by St. Cecilia, it heightens the liturgical context patron saint of musicians, who is said to have heard heavenly music in her so that it speaks more fully and heart. Volunteer and singer, Ashlee Seoane travels 146 miles each weekend, effectively to those gathered. from St. John the Evangelist Parish in Chiefland to St. Andrew Chapel It also adds joy and enthusiasm in Cedar Key and Holy Cross Mission in Cross City, to provide liturgical music for the people who attend Mass in these rural areas. Without her within the parish community. ministry, music, a form of prayer to raise our hearts to God, would be absent. “Pope John Paul II stated “as a manifestation of the human spirit, music performs a function which is noble, unique and irreplaceable. When it is truly beautiful and inspired it speaks to us more than all the other arts of goodness, virtue, peace, and matters holy and divine. For good reason, it has always been, and it will always be, an essential part of the liturgy.” Ashlee and Fr. Cesar Torres-Pinzon, pastor, invites parishioners to join her in this ministry, and although they are enthusiastic about having music available, the remoteness of the area makes it difficult to find parishioners able to make a commitment. She is often the only source of music at services, but continues to offer the congregation this spiritual connection to the liturgy and to each other. In 2019, the Catholic Foundation awarded a grant to St. John the Evangelist Catholic Church to launch the St. Cecilia Music Ministry. These essential funds help with travel expenses to ensure that this beautiful and fruitful ministry would be able to continue to provide the gift of liturgical music in a remote area of our diocese. The Catholic Foundation provides financial assistance for religious, educational, and charitable works throughout the diocese through annual grant opportunities. The funds awarded are distributed from the earnings of Fr. Cesar Torres-Pinzon, Pastor Ashlee Seoane, Volunteer Music Minister the general fund of the foundation endowment and are made possible by the generous contributions of the Diocese of St. Augustine and individual donors.

“The music during Mass plays a very important role; from the moment the priest enters, through communion, and even into the prayerful time after receiving Christ. For many years we've struggled with our parish's music. The music grant from Catholic Foundation has made all of us who attend Mass regularly, look forward to a pleasant musical service leading to a deeper prayerful feeling in our hearts.” Parishioner of St. John the Evangelist – Chiefland

To learn more about how Foundation grants are making and impact in our diocese visit www.dosafl.com/catholic-foundation/.

10 meani ngful impac t, through inspired giving . Augustin Verot, ﬁrst Bishop of the Diocese of St. Augustine, had an abiding commitment to the growth and impact of the Church through education, Catholic teaching, and vocations. The Order of Augustin Verot recognizes the importance of planned gifts – bequests and other legacy gifts, supporting the work of our Church in North Florida for generations to come. Membership in the Order of Augustine Verot is reserved for those generous individuals who notify the Catholic Foundation that they have made estate or other gift plans to beneﬁt their parish, school, or a beloved ministry. If you have made a faith legacy gift plan including our Church in North Florida and you are not listed among our valued OAV members, please let us know. Cliff Evans, planned giving officer, is happy to help you register your gift intentions and add you to our legacy society membership.

11 order of augustin vero t FAItH leGAcY GIVInG

Dr. Maria Acosta-Rua Beverly & Michael Flanagan Mr. & Mrs. Ramzi Ossi Ms. Judith Adkins Edward James Fleming, Jr. & Debora Ann Fleming Mr. V.E. Palmer Mark & Rita Allen Mrs. Judith Franklin Father Fred Parke Mr. & Mrs. John Anderson Mrs. Gail Gaines Rev. Lawrence Peck Elmer Aponte Ms. Mary Gallagher Mrs. Saralee Peters † Dennis M. & Mary H. Axman Ron & M.J. Ginder Elizabeth H. Phelps Mr. & Mrs. Charles Baer Mrs. Carole Ginzl Mr. & Mrs. John Pinson Ms. Kathleen Bagg Mrs. Joan Giordano Mr. & Mrs. Thomas Place Maximo & Sylvia Balbarez Mr. & Mrs. John Gribbin Ms. Denis Plumb Donald Ballish Deacon & Mrs. Larry Hart Mr. & Mrs. Warren Powers Mr. & Mrs. Edward Barbarito Msgr. Vincent Haut Ms. Nancy Powers Martha Barrett Mr. & Mrs. John Hay Ms. Lucina Presbitero † Mr. Raymond Basso Mr. & Mrs. Kurt Hearth Mrs. Irene Puleo Mrs. Doris Baumgartner Mrs. Margaret Helow Michael P. & Teresa A. Radzinski Marilyn & Anthony Belo Msgr. James Heslin Mrs. Victoria Reigel Mr. Frank Benischeck Mr. & Mrs. Donald Hollingsworth Mr. & Mrs. Ramon Reyes Mrs. Lisa Benton Rev. Michael Houle, EV Mrs. Dianne Rice MG Paul & Janet Bergson Dr. Mary Hughes Ms. Patricia Robinson Mr. Leo Blatz Ms. Barbara Jackson Mr. & Mrs. Tancredi Rucci Rev. James Boddie Mr. & Mrs. William Joos Mr. & Mrs. Patrick Russell Mr. & Mrs. Ernest Bono Hobart Joost, Jr. Ms. Mary Ryan Mr. & Mrs. Kevin Brown Robert W. & Cynthia Kastner Gerald R. Schmidt Mr. & Mrs. Joseph Brozovich Paul & Kathy Kerins Mrs. Barbara Scholtz Mr. & Mrs. Brian Cabrey Ms. Karen King Mr. & Mrs. Kenneth Shafer Stanton L. Cadow, CFRE, ECRF Mr. & Mrs. James Knutzen Mr.(†) & Mrs. Robert T. Shircliff Mrs. Gertrude Cameron † Msgr. Eugene C. Kohls, J.C.D. Mrs. Alicia Sierra-Reyes Juanita R. Campbell Mr. & Mrs. Henry Kuhnert Ms. Marjorie Simpson Mr. & Mrs. Michael Cascone, Jr. Janet LaFrance Ms. Gayle Smith Mr. Victor Chew Ms. Dorothy Legere † Most Rev. John J. Snyder † Mr. & Mrs. Thomas Claridge Ms. Mary L'esperance Mr. & Mrs. Philip Sotomayor Rev. Peter Colasurdo Mrs. Rose-Marie Lewis Mr. & Mrs. Jerome Swietnicki Mr. Wayne Colvin Ms. Audrey Loos Mr. & Mrs. Glynn Thomas Mrs. Jacqueline Comstock John & Katherine T. Lowe Charitable Remainder Trust Ms. Patricia Thomas Mr. & Mrs. Tommy Crowder Michael A. Marconi Ken & Cindy Thompson Mrs. Marlise Cusick Alfred J. Martin William & Patricia Tierney Mr. & Mrs. Eugene Dagg Mrs. Patty Martinez Jerry Veierstahler Concetta DeLisi James & Joanne Marx Mr. & Mrs. Carlos Vides Mrs. Betty Demetree Mrs. John H. McCormack, Jr. Mr. & Mrs. &y Wade Mr. & Mrs. Louis DePetris Sister Louise Thayer McEachern Mr. John Walsh George & Pam Dewey Dr. Terence & Mrs. Erin McGee Mr. & Mrs. Louis Walsh Mr. Cosmo DiPerna John & Ana McLaughlin Mr. & Mrs. Gerald Weedon Mrs. Patricia K. DiSandro Mr. & Mrs. William B. McMenamy Mr. & Mrs. Harold Westover Dr. & Mrs. Walter Eaton Michael J. & Carol A. McNamara Mrs. Mari White Mr. & Mrs. James Eckert Mrs. Gloria Mendez Mrs. Rose White Allison Le Elias Ms. Gail Middleton Jerome & Christie Wilamowski Mr. & Mrs. Jerry Ellis Mrs. Teresa Milam † Deacon David & Karen Williams Family Fund Mr. & Mrs. Rodolfo Engmann Mr. & Mrs. Richard Miller Mrs. Rosita Williams Dick & Diane Erickson Mr. & Mrs. Ricardo Morales Very Rev. Thomas S. Willis Most Rev. Felipe J. Estévez Mr. & Mrs. John Morrissey M. Elaine Zurek & Timothy T. Wojciechowski Cliff & Debbie Evans Mr. & Mrs. Philip J. Moses, Jr. Judy A. Wolford Lee M. & Nancy S. Evans Michael & Faith Murray Mr. & Mrs. Alton Yates Mrs. Doris Faustini Mr. & Mrs. Ronald Natale Katharine K. Zambetti Ms. Alice Ferrari CH (Maj.) James O'Neal Mrs. Shirley Fewox Ms. Mollie O'Neill † deceased

12 about the c atholic foundation What does the foundation establishes and manages permanent endowment fund accounts created to provide lasting support for the development the Catholic and charity of our faith community. it oﬀers practical partnerships to Foundation do? encourage giving generously now and through future, legacy gifts.

How are Foundation each endowment fund entity can receive an annual disbursement of 4% of the market value of its permanent account. funds not restricted operations funded? to any speciﬁc parish, school, or ministry are used at 4% annually, to fund operational expenses as well as fund annual grant awards that are presented to selected applicants. a % organizational fee is charged to each entity to help with operations¾.

What are the funds gifted to an endowment account are held in perpetuity – the principal cannot be spent and will be invested prudently. advantages of these investments are made in accordance with catholic values endowment fund and social teaching and are supervised by our board of directors giving? in addition to the oﬃces of the bishop and fiscal. even after annual disbursements of 4% are taken, the endowments have continued to grow over time – due to sound investment practices and consistent oversight. the chart below illustrates the lasting value and impact of gifts to our permanent endowment.

CATHOLIC FOUNDATION ENDOWMENT FUND

Annual A Disbursements

*This graphic is for illustrative purposes only and not Parish, a guarantee of specific rate of return on investments School, or At the end of 30 years, and contributions to the permanent endowment of Ministry your gift will have paid the Catholic Foundation. It is a representation based out $190,000 and value on a 7% annual return assumption. grown to $243,000

To live our Catholic faith and create sustainable growth and partnerships with parishes, schools, ministries, and donors, in order to build a strong future where the faithful can fully and generously live out their baptismal call. » FAITH » INTEGRITY » PARTNERSHIP » SUSTAINABILITY Faithfully serving Adhering to the Building relationships Ensuring the growth of the others in the name highest ethical and among parishes Church for future generations of the Lord professional standards through responsible stewardship of generous gifts and resources our values 2018-2019 BoARD oF DIRectoRs 2019 ANNUAL MEETING Most Rev. Felipe J. Estévez Mrs. Marilyn Belo PRESIDENT Development & Planned Giving Committee Bishop of St. Augustine Queen of Peace Mr. John McLaughlin Msgr. Keith Brennan CHAIR Vicar General Our Lady Star of the Sea Msgr. Vincent Haut Mr. Michael Marconi Development & Planned Giving Committee VICE-CHAIR Grants Review Committee Chair, Development & Planned Basilica of the Immaculate Conception Giving Committee Rev. Michael Houle with Immediate Past Chair, Michael McNamara. Holy Faith Mrs. Mary Pat Kulik Chair, Grants Review Committee Rev. Michael Houle Our Lady Star of the Sea TREASURER Episcopal Vicar of Development Mr. Michael Maguire and Finance Finance Committee Assumption Mr. William McMenamy SECRETARY Mr. William McCamy Chair, Finance Committee Grants Review Committee Development & Planned Giving Committee St. Catherine of Siena St. Paul – Jacksonville Beach Mr. Philip Moses Bishop John J. Snyder Legacy Leadership Award recipient Mr. Michael McNamara Finance Committee Msgr. Vincent Haut selected Basilica of the Immaculate IMMEDIATE PAST CHAIR Epiphany Conception's endowment account as recipient of the $1,000 Development & Planned Giving Committee award. Pastor, Fr. Blair Gaynes, gratefully received the funds. St. Paul – Jacksonville Beach Mr. Sidney Simmons Grants Review Committee Mr. Dennis Axman St. Paul - Jacksonville Mrs. Patricia DiSandro Development & Planned Executive Director Giving Committee Mr. Kenneth Thompson St. Catherine of Siena Development & Planned Giving Committee Mr. Steve Bell Holy Family - Jacksonville Chief Financial Officer Ms. Martha Barrett Grants Review Committee Dcn. David Williams Mr. Tim Cebulko, CFA, CFP Assumption Chancellor Financial Advisor

2018-2019 plAnneD GIVInG ADVIsoRY coMMIttee John Anderson Jr. Jud Durel Patrick Macabasco Anderson Financial Partners Morgan Stanley Wealth Management Ameris Bank David Baker Gregory Estes William McMenamy Merrill Lynch Augustine Asset Management Donahoo & McMenamy, PA

Jeffrey Bernardo James Heinz Christopher Thompson Augustine Asset Management Heinz & Jolles Wells Fargo Advisors Richard Brock Jim Knutzen Ken Thompson BDO Jacksonville James Knutzen & Associates (Retired) Wells Fargo Private Bank

meet cliff evans staff catholic foundation planned giving officer Patricia DiSandro , Executive Director Thank you for your generous stewardship for the work [email protected] | 904-208-6927 of our Church in North Florida. I’m ready to help you and your family discover how to create a lasting faith legacy Julie Snow , Administrative Assistant by supporting our Church in North Florida and its vital [email protected] | 904-208-6929 work in our parishes, schools, and ministries. Call me at 904-208-6931 , [email protected], or visit Kim Howard , Planned Giving Assistant our website dosafl.giftplans.org for more information . [email protected] | 904-208-6928

14 “What is the K ingdom of god l iKe? To what can Icompare it ? it is like a mustard seed that a person took and planted in the garden. When it was fully grown, it became a large bush and ‘the birds of the lK 13; 18-19 (usccb) sky dwelt in its branches .” the parable of the mustard seed

11625 old st. augustine road. Jacksonville, fl 32258 904-262-3200 | www.dosaﬂ.com/catholic-foundation/