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You Are Creating a Brighter Future BETHLEHEM UNIVERSITY FOUNDATION / ANNUAL REPORT / FISCAL YEAR 2019-2020 My Thanks for Your Generosity and Commitment

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You Are Creating a Brighter Future BETHLEHEM UNIVERSITY FOUNDATION / ANNUAL REPORT / FISCAL YEAR 2019-2020 My Thanks for Your Generosity and Commitment You Are Creating a Brighter Future BETHLEHEM UNIVERSITY FOUNDATION / ANNUAL REPORT / FISCAL YEAR 2019-2020 My Thanks for Your Generosity and Commitment Dear Friends, Thank you for your support of the Bethlehem University Foundation. Your gifts are a testimony to your vision — that of creating a brighter future. With your support of Catholic education, you are forming the future peacemakers of the Holy Land. I am grateful for your generosity. In this Annual Report, I invite you to take a closer look at the lasting difference your gifts make and encourage you to learn more about how endowed gifts at the Foundation create a perpetual and sustainable future for Bethlehem University. In this report you will discover that the past year was filled with celebrations and successes: • New endowed funds established by Lieutenancies, Knights, and Dames of the Equestrian Order of the Holy Sepulchre of Jerusalem. • Award winners from our November 2019 reception, and the welcoming of Cardinal O’Brien as a Patron. • Endowed scholarships created by several families to honor their loved ones. • Expressions of gratitude toward our Board, Patrons, and donors this fiscal year. • Charts showing income and expenses for Bethlehem University Foundation for the fiscal year 2019-2020. Early in 2020, the world united in the fight against an invisible enemy, COVID-19. The city of Bethlehem was put on lockdown in early March, but with your critical support, the University successfully completed the spring semester and summer session with online learning. Your generous response provided the means for the Foundation to offer extra help to the University in its time of desperate need. I thank the Board of Directors, the Patrons, and staff of the Foundation. During an eventful year, their dedication and tireless work have been critical to the Foundation’s continuing success. I am especially grateful for your generous support of The Bethlehem University Foundation. Please continue to pray for our brothers and sisters in the Holy Land and especially the community served by Bethlehem University. I am always mindful that the people of the Holy Land are in need of our prayers. But you, the supporters of the Bethlehem University Foundation, are often the answer to those prayers as your contributions help Bethlehem University build a brighter future. With my continued best wishes to you and your loved ones, I remain Sincerely, John L. Schlageter, Esq., KCHS Executive Director THE BETHLEHEM UNIVERSITY FOUNDATION STATEMENT OF ACTIVITIES | FISCAL YEAR 2020 Revenue Bethlehem University Foundation 4% Education is at the heart of 11% our care for the people in the Holy Land 19% 64% The mission of the Bethlehem University Foundation is supporting and promoting Bethlehem University. 2% To do so, the Foundation raises funds for today, tomorrow, and forever. • Today: Annual Fund support allowing the Foundation to respond to the University’s BUF Annual Fund 218,455.00 greatest needs Restricted to University Projects 581,437.00 • Tomorrow: Capital and programmatic funds Gifts to the Endowment 995,775.00 underwriting building projects and supporting Events Revenue 103,505.00 educational programs Investment Income 3,423,207.00 Total Revenue $5,322,379.00 • Forever: Endowed gifts creating a perpetual future. Education is critical to creating better lives for the people of the Holy Land. The benefits of educated students ripple out to the entire community. A more Expense stable community creates a more peaceful Holy Land. 1% Support for The Bethlehem University Foundation 15% is support for the long-term stability and success of the people of the Holy Land. Your investments at the Foundation are investments in a better future. 19% Thank you. 63% 2% BUF Operations 591,328.00 Grants to Bethlehem University 760,114.00 Endowment Bank Charges 99,968.00 Endowment Grants to 2,556,929.00 Bethlehem University Events Expense 42,311.00 Total Expense $4,050,650.00 1 Partners With a Holy Purpose The Knights and Dames of the Equestrian Order of the Holy Sepulchre of Jerusalem and the Bethlehem University Foundation, creating a stronger future for Bethlehem University Dating back to the Crusades, the Equestrian Order The Southeastern Lieutenancy supports the School of of the Holy Sepulchre of Jerusalem has long protected Nursing and Health Sciences the Christian sites and supported the Christian At a reception at Notre Dame Seminary in New community in the Holy Land. Today, there are an Orleans, Bethlehem University Foundation and The estimated 30,000 Knights and Dames from forty Southeastern Lieutenancy announced the creation of countries among its membership. The Southeastern Lieutenancy Endowed Fund for the School of Nursing and Health Sciences at Bethlehem A growing partnership dedicated to supporting the University. The Lieutenancy is committed not only to the people of the Holy Land University but to improving healthcare in the region. This In our shared ministry of preserving and supporting endowed fund will support the education and formation the Christian community in the Holy Land, Bethlehem of nursing and health science professionals in the Holy University Foundation and the Equestrian Order of the Land for years to come. The Keith and Ginger Myers Holy Sepulchre have established a vital partnership. Endowed Fund for Nursing and Health Sciences, and a This natural friendship has developed over the life of named endowed scholarship by Keith and Ginger Myers, the University and has never been stronger. Many of the were part of this gift. endowed funds at the Foundation, including endowed scholarships, have been created by the Lieutenancies The Kansas City in Kansas Section of the Northern and individual Knights and Dames of the Order. Lieutenancy honors the life of Father Jeremiah Spencer The Kansas City in Kansas Section of the Northern New endowed gifts provide lasting support Lieutenancy created The Reverend Jeremiah Spencer During the past year, Lieutenancies have created Endowed Fund for the School of Nursing and Health four new endowed funds at the Foundation. These Sciences at Bethlehem University. This endowed fund investments create perpetual support for the University will provide perpetual support for the School of Nursing and its students. They are truly forever gifts! and Health Sciences. This fund honors Father Jeremiah Spencer, who was a hospital chaplain and dedicated Knight Chaplain of the Order. 2 BETHLEHEM UNIVERSITY FOUNDATION ANNUAL REPORT We are ever grateful to you — and even more in 2020 (Left to right) Bethlehem The past year has been full of challenges – and, University nursing students; a recent graduate; Knights and because of you, hope. Dames of the Holy Sepulchre of Jerusalem; Summer 2019 Your gifts to The Bethlehem University Foundation Sir John McGuckin interns. have always had a tremendous impact. By giving, you support both the University and the community in the Holy Land. But in 2020, as the world was gripped by a The Northwestern Lieutenancy endows mentoring pandemic, the people of the Holy Land faced and internship programs particular challenges. For many Bethlehem The Northwestern Lieutenancy, together with a University students, moving classes online added gift of $50,000 from the Grand Magisterium of the new hurdles. And for people used to difficulties, the Equestrian Order of the Holy Sepulchre, endowed the lockdown made life even harder. Sir John McGuckin Mentoring and Internship Program. This program underwrites the cost of students from Due in part to the total shutdown of the tourism Bethlehem University to travel to destinations around industry, the people of Bethlehem have faced the world for summer internships. The Sir John incredible financial hardship, leaving Bethlehem McGuckin Mentoring and Internship Program Endowed University unable to collect outstanding tuition. The Fund creates perpetual support for the program. The effect on the operational budget of the University fund is named in memory of the former Lieutenant of has been devastating, creating a gap of more than the Northwestern Lieutenancy, His Excellency Sir John McGuckin, who spent his life mentoring young people. $3 million. The Foundation’s Board of Directors responded The North Central Lieutenancy gifts The Bishop Morlino with an extraordinary grant of $1.5 million to the Endowed Scholarship University. This gift was made from the Bethlehem In June of 2020, the North Central Lieutenancy trans- ferred the corpus of the Bishop Morlino Scholarship University Foundation Endowment. Fund to be held, invested, and administered by the The Foundation also held a special Annual Fund Foundation. The North Central Lieutenancy established campaign. Because of the generous support of this Scholarship Fund in 2003 for needy students donors like you, the campaign raised more than attending Bethlehem University. The fund is in honor of Bishop Robert C. Morlino, who served as the Bishop of $90,000. These funds were granted to the University Madison, Wisconsin from 2003 until his death in 2018. at the direction of the Board of Directors of the Foundation. The Annual Fund is a Board-restricted Investments for a Brighter Future fund. It allows the Foundation to respond to the These endowed funds create perpetual support for most pressing needs faced by Bethlehem University. the University and the people of the Holy Land. Working together, the Lieutenancies and the Foundation Your support makes a difference to students and are securing the future of Bethlehem University and the entire community. It lifts the hearts of the its community. students and faculty to know that people across the world care deeply about them. The Foundation is grateful for you and your demonstration of love in action. Thank you. 3 (Left to right) Frank and Julie Jungers; Frank Jungers receiving his Doctorate, Honoris Causa. Profile in Philanthropy: Frank and Julie Jungers The Jungers share their passion for education and their commitment to the people of Palestine Frank Jungers was born on a farm in North Dakota and Frank’s contributions to higher education and raised in both North Dakota and Oregon.
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