Catholic Community FOUNDATION OF

onlyCOMMUNION IN THE MIDST OF CRISIS together

ANNUAL REPORT 2020 Dear Friends,

None of us will forget 2020 anytime soon. The pandemic, together with the social unrest in the wake of George Floyd’s unjust death, have taken a heavy toll. At the same time, I’m very proud of how our Catholic community has responded. In the midst of dual crises, in a time of fear and uncertainty, we have come together to help our neighbors and support Catholic organizations.

Only together can we achieve success, as Archbishop Hebda says, “On our own, there’s little that we’re able to accomplish. It’s only with collaboration, involving the thinking and generosity of many folks that we’re able to put together a successful plan.”

The Catholic Community Foundation of Minnesota (CCF) has never been better prepared to meet the challenges of the moment. Within days of the suspension of public Masses in March, CCF established onlyCOMMUNION IN THE MIDST OF CRISIS the Minnesota Catholic Relief Fund. Immediately, hundreds of generous people made extraordinary donations to support our local Catholic community. Shortly thereafter, CCF began deploying monies to parishes and schools in urgent need. This was all possible because CCF had the operational and relational infrastructure in place to act swiftly: the connections, the trust, the expertise, and the overwhelming support of our donors.

CCF has proven it’s just as capable of serving the long-term needs of our Catholic community. together Through our Legacy Fund and a variety of endowments, individuals can support Catholic ministries in perpetuity, while parishes partner with CCF to safeguard their long-term financial stability. For all of these strengths, we must credit our founders and board members. Their collective vision, wisdom, “Like the disciples in the Gospel we were caught off guard by an unexpected, turbulent storm. and expertise, so generously shared over the years — combined with the trust and confidence of our donors — has created stable systems and strategies responsible for CCF’s tremendous growth. We have realized that we are on the same boat, all of us fragile and disoriented, but at the same time important and needed, all of us called to row together, each of us in need of comforting the We never know what the next year will bring, but we do know that CCF will be ready. Guided by our mission and commitment to working together, we will face the challenges, welcome the other. On this boat … are all of us. Just like those disciples, who spoke anxiously with one voice, opportunities, and prepare for our shared destination — the future of our Catholic community. saying ‘We are perishing,’ so we too have realized that we cannot go on thinking of ourselves, but only together can we do this.” Sincerely,

— , Urbi et Orbi address, reflecting on The Calming of a Storm at Sea (MK 4:35-41) Anne Cullen Miller, MBA President our mission The Catholic Community Foundation of Minnesota was founded in 1992 with the mission to support financially the spiritual, onlyCOMMUNION IN THE MIDST OF CRISIS educational, and social needs of our Catholic community. together contents

4 2020 Assets and Grants Snapshot 6 Financial Reports OUR GUIDING PRINCIPLES 8 Facing Crises with Faith and Generosity 12 Legacy Society Members CATHOLIC IDENTITY — We reflect our Catholic faith in all we do; 14 Building a Community Foundation Together embrace the breadth, diversity, and commonality of Catholic interests; 18 Endowed Funds and assure that investments and grant recipients are in alignment with 20 Donor Advised Funds Catholic values. 22 Legacy Fund SERVICE — We respond to the financial needs of the Catholic 24 Endowing for Unforeseen Challenges community and contribute to effective solutions; collaborate with other 28 Institutional Endowed Funds nonprofit organizations when consistent with our mission; and provide for the needs of future generations. 30 Agency Funds 31 Donor Designated Funds PUBLIC ACCOUNTABILITY — We recognize and act on the 31 Gifts to Support Our Mission understanding that community foundations are sustained by public trust, which is earned by full, open, and public disclosure. 32 Our Board of Directors 33 Our Staff

2 GRANTEES $387 Million BY GRANT SIZE $18 Million ASSETS HELD BY CCF GRANTS DISTRIBUTED $200K Other Unrestricted Funds and up 18 $1.2M

NEW FUNDS Endowed Funds 104 $3.8M 68 OPENED $25K to < $200K Donor Advised Funds GRANTS BY Social $4M / 1,157 grants $11.4M SOURCE

GRANTS Institutional Endowed Funds $1.5M BY IMPACT 278 Spiritual $5K to < $25K AREA $8.2M / 1,403 grants 31 – Donor Advised 7 – Endowed 3 – Charitable Gift 13* – Institutional 14 – Agency Annuity Endowed Educational $5.8M / 601 grants DISTRIBUTED $21M ASSET GROWTH $189M+ SINCE 1992

Endowments Trusts $1K280 to < $5K $5.2M / 19 funds $122.4M / 218 funds

Institutional Endowments Legacy 83% / 2 funds CATHOLIC 89% $51.9M / 176 funds ASSETS $5.6M STAY IN MINNESOTA 6% FAITH-BASED 11% OUTSIDE BY FUND Donor Advised 11% SECULAR Miscellaneous Assets MINNESOTA TYPE $42.7M / 302 funds 89% SNAPSHOT 2020 $7.1M 226 DONOR-DIRECTED < $1K 11% CCF-DIRECTED Annuities Agency $4.8M / 180 funds $146.9M / 239 funds

4 * 5 converted from Agency to Endowment 3,161 GRANTS DISTRIBUTED TO 906 ORGANIZATIONS STATEMENTS OF ACTIVITIES STATEMENTS OF FINANCIAL POSITION

For the years ending June 30 2020 2019 As of June 30 2020 2019

Revenue Assets Total Contributions $28,282,648 $23,582,467 Cash & Cash Equivalents $13,796,145 $11,474,196 Less: Amounts Received for Beneficial Endowments 6,903,682 5,146,214 Investments 366,470,685 359,420,898

Net Contributions 21,378,966 18,436,253 Beneficial Interest in Trusts 484,705 506,135 Management Fee Income 1,163,665 1,100,770 Cash Surrender Value of Life Insurance 3,877,186 3,799,934 Investment Income, Net of Investment Expenses 625,154 7,806,783 Pledges & Bequests Receivable 1,061,186 1,825,791 Change in Value of Split Interest Agreements (403,016) (105,128) Other Assets 1,021,780 888,378 Total Assets $386,711,687 $377,915,332 Total Revenue 22,764,769 27,238,678 Liabilities Program Grants Accounts/Notes Payable & Accrued Liabilities $1,795,730 $1,393,755 Total Grants 18,008,181 16,625,756 Agency Obligations 148,338,852 148,069,573 Less: Grants Made on Beneficial Endowments 1,515,059 1,211,118 Beneficiary Endowments 51,875,658 46,759,767 Net Grants 16,493,122 15,414,638 Charitable Trust & Gift Annuity Obligations 5,149,948 5,650,760

Operating Expenses Total Liabilities 207,160,188 201,873,855 Donor Engagement 1,379,339 1,358,285 Net Assets 179,551,499 176,041,477 Management & General 1,033,157 914,446 Grant Services 349,129 319,014 Total Liabilities & Net Assets $386,711,687 $377,915,332 Total Operating Expenses 2,761,625 2,591,745 Audited financial statements containing all required disclosures and IRS Form 990 are available at www.ccf-mn.org Change in Net Assets 3,510,022 9,232,295 Beginning Net Assets 176,041,477 166,809,182

Ending Net Assets $179,551,499 $176,041,477

6 7 MINNESOTA CATHOLIC RELIEF FUND facing crises WITH FAITH AND GENEROSITY DIRECT SUPPORT (as of this printing) During the first wave of the COVID-19 pandemic, parishes and Catholic INITIAL GRANTMAKING WITH DIVINE SPEED schools in Minnesota faced unprecedented challenges both financially and operationally. While some were financially positioned to endure the Unlike many of the funds managed by CCF, the funds donated to the MCRF $303,400 2,343 individuals served crisis, others were not as fortunate. are not intended to grow in perpetuity. Rather, they’re meant to be sent as quickly as possible to wherever they can do the most good. 569 households with In response, the Catholic Community Foundation of Minnesota (CCF) institutions an average grant size of $480 quickly established the Minnesota Catholic Relief Fund (MCRF) in Within six weeks of establishing the MCRF, more than $659,000 in grants 40 partnership with the Most Reverend Bernard A. Hebda, Archbishop of was disbursed, including immediate operating grants to 11 parishes Saint Paul and . deemed as “most in need” based on analysis performed by the Archdiocesan Economic Task Force. A COLLABORATIVE AND CONSULTATIVE GRANTMAKING STRATEGY A JUST AND TIMELY CRISIS RESPONSE An unprecedented wave of giving from new and existing CCF donors immediately followed. This sum also includes $210,000 that was granted to 22 parishes “Collaborative and consultative are the words that come to mind when The unrest and turmoil related to George Floyd’s unjust death resulted providing direct support to individuals and families in their communities. I describe our strategy,” says Father Ralph Talbot, of St. Mary of in an emergency meeting of the MCRF Advisory Committee on June 8, Many donors already tithed regularly to their home parishes and gave These grants — made possible in part by a $100,000 grant from the the Lake and MCRF Advisory Committee member. “I think were 2020 — at which it established a special sub-fund called “Neighbors in generously to Catholic schools. Yet in this time of extraordinary need, they Minnesota Disaster Recovery Fund of the Minnesota Council on extremely grateful that we came to them asking them how we could help, Need.” This sub-fund was specifically designated to help parishes and wanted to do still more. Foundations — assisted more than 360 individuals and families in rather than telling them what we were going to do.” local organizations support the basic needs of their parishioners through securing rent, groceries, and medical supplies. micro-grants. “Thanks to our longstanding relationships with and school leaders throughout the archdiocese, we knew we could trust them to make the “Soon gifts were pouring in from generous donors across the archdiocese best and most informed decisions about how to meet the needs of their — thanks in no small part to referrals from Archbishop Hebda whenever local parishes, schools, and communities,” says CCF board and MCRF he was asked by donors how best to serve the community,” says CCF Vice OPERATIONAL Advisory Committee member Frank Forsberg. President of Impact Meg Payne Nelson. STABILITY $996,200 By early July, the Advisory Committee made 10 Neighbors in Need grants, (as of this printing) average grant size of $9,488 primarily to parishes located in the neighborhoods most affected by property destruction. 101 institutions 9 8 CONTINUING MINISTRY MINNESOTA CATHOLIC RELIEF FUND When the Church of St. Mary in Le Center had to stop holding in-person Masses, parishioner contributions sharply declined. Their grant from the MCRF offered operational support during that time. But it also helped them pave a way to gather in-person again. They used funds to “As a foundation, our grantmaking has traditionally had purchase personal protective equipment (PPE) and industrial-grade DIRECT SUPPORT schedules and timelines and clearly stated purposes. This past sanitization equipment. More importantly, they bought materials year has demonstrated we can also be nimble and flexible in for a stage so they could host outdoor Masses. Pastor Father James GRANT USE Stiles says, “The grant money allowed us to provide the best ministry (as of this printing) responding to unexpected needs in our Catholic community.” possible to our parishioners.” A BIG THANK YOU FOR A SMALL GRANT — Frank Forsberg, CCF Board and MCRF Advisory 14% For one couple at the Church of Gitchitwaa Kateri Committee Member FOOD in South Minneapolis, the distribution they $39,480 received from the MCRF helped them work toward paying off medical expenses. The husband had BACK TO SCHOOL EMERGENCY GRANTS undergone two surgeries in February 2020, and the check they received for $116 helped with some When the MCRF Advisory Committee met in late August, data provided by of those bills. To the many donors who made this 68% the Catholic Finance Corporation (CFC) estimated that costs associated with HOUSING possible, they say, “Chi Miigwech (big thank you).” safely reopening parish schools under COVID-19 restrictions, as well as building IMPACT $186,427 infrastructure for remote learning, could reach $13 million. BREATHING SPACE The committee decided to award a total of $557,200 in emergency grants of $7,360 Community of Saints Regional 7% each to all K-8 schools in the archdiocese. UTILITIES in West St. Paul experienced a significant drop in $18,522 A CRISIS-INSPIRED STRATEGY WITH LASTING IMPACT tuition revenue in the spring when many families SUPPORT NOW FOR THE PROMISE OF TOMORROW lost jobs and wages. Their grant from the MCRF As of this printing, the majority of funds have been entirely disbursed, but the helped to offset that tuition loss. “We strive to be When COVID-19 hit, the Lake Street restaurant where Brenda works 10% strategy for supporting our Catholic community in times of crisis remains. SUPPLIES a stabilizing presence for our students and their was forced to cut her hours. She could no longer afford groceries $26,929 “As a foundation, our grantmaking has traditionally had schedules and timelines families. The MCRF grant allowed us to offset the for herself and her 15-year-old daughter, so she turned to the food and clearly stated purposes,” concludes Frank. “This past year has demonstrated tuition loss created due to financial hardships shelf at her parish, Incarnation . Her employer then 1% we can also be nimble and flexible in responding to unexpected needs in our on our families, providing us operational further reduced her hours amid riots in the neighborhood. Now, GAS Catholic community.” Brenda couldn’t make rent. So again, she turned to her parish. With $1,592 stability, and our families breathing space,” Looking ahead, Father Talbot feels that the gratitude and connections felt by pastors, says Principal Bridget Kramer. help from a grant from the MCRF, Incarnation was able to provide principals, and parishioners will endure. “We reinforced the idea that we really are her with rent assistance for June and July. She works for one Church,” he says. “When one part of the body hurts, the whole body hurts.” l her daughter’s future. “More than anything,” Brenda says, “I don’t care about myself. I care about my daughter. That she has a career and doesn’t have to depend on anyone.” 11 10 11 Legacy Society Members

The Legacy Society honors A William Altenhofen † Dr. Paul and Ann Dickinson Eugene and Barbara † Hickok Thomas and Janet Krocheski Doug and Sandy Milroy Dorothy and Robert Roth Marilyn and Michael Sullivan Bernadette Amerongen Drs. Mark Diekmann and Rev. Mr. Gary and Jacqueline Hoffman Rev. Alphonse Kubat † Luther and Gertrude Moen † John † and Carol Rueb Carol Swanson individuals and families who Charles and Viola † Amundsen Deborah Pryor-Diekmann Thomas and Patricia Holloran Kathryn Kubinski Kathryn Doyle Mooney † Margaret Ryan † Steven Szarke John † and Elsie Andraschko Thomas † and Betty Nell Dolan Marjorie Horst † Eunice Kuehn † Sally Moran and Raymond Wey Rev. Patrick Ryan T Gerald † and Bernice Tacheny have entrusted their charitable Walter Andrychowicz † James and Christine Doody Marjory Hougher † Kathryne Kuhns Rodger † and Marjorie Mountain S Robert and Mary † Sahli Dr. Joseph † and Mary Thul John and Kim Arens Dr. George and Patricia Dorsey † Rev. Leo Huber † L Suzanne Laddusire Barbara Mulcahy Robert † and Kathleen Sather Rev. Michael Tix legacy to the perpetual and Filemon † and Shirley Asuncion Most Rev. Paul Dudley, D.D. † Patricia Huber and Jerry Cawley Joseph and Teresa Lahti Harold and Bernice Mullen M. Scott and Ellen Sayer Leonard and Lois Tracy † James Audette Thomas and Hannah Dzik Thomas and Julie Hurley Stewart † and Kathleen Laird James and Franchelle Mullin James † and Mary Schacker Michael and Michele Traeger faith-consistent stewardship B David and Rita Baden E Alfred and Mary † Elder Carolyn Huston Carlo and Virginia † LaManna Sr. Katherine Mullin, VHM Roger and Irma Scherer Margaret Turner † Patrick and Sandy Baldwin Marilou and Donald Eldred Clarence and Bernice Hynes George and Carol Lang Richard Mullin and Mary Joanne Henry Bernadine Schmidt Donald and Jolene Twombly of the Catholic Community Severne Banack Thomas † and Patricia Emmer I Shaun Irwin Louis and Loretta Langer William † and Chouhei Min Mullin Rev. George Schmit, Jr. V Bernard and Kathleen Vagnoni † Donald † and Marjorie Bartho Larry and Janet Enerson J Richard and Ruth Ann Jacobs † Phyllis Langfield Catherine Grace Murphy † Ronald and Nadine Schoenborn Lawrence and Suzanne Vanden Plas Foundation. We are deeply William L. Belkengren Theodore and Mary Estrem † Len and Bea Japs † Robert † and Maureen Lannan William Murphy Robert and Marianne Schoenecker Roger and Lynn Vasko Robert and Mary Belongie F Raymond and Genevieve Feltl † Donald and Marian Jardine † James and Barbara Larkin † N Martin Newell † Marguerite Schoengart Pete Vestol † grateful for their dedication Karl Berndt † Susanna Fleischhacker † Leo and Arlene Jarombek † Robert and Florence Larkin † Timothy Nichols Ranee and William Schouviller Mimi Villaume † and John Harrigan Mary Bettenburg Rev. Martin Fleming † Ray † and Cleorie Johnson Peter and Mary Larsen Mickey Nickelson Elizabeth Schreiner † Nancy Villwock and charitable vision. This Richard and Carol Biniek Richard and Margaret Fleming † Warren Johnson † Philip LaVelle † Robert † and Helen Nicklaus Mary Schubert W William † and Barbara Wagner Earl and Lorraine Blaylock † Paula Flück † Clarence and Clara Jorgensen † Maurice and Alice Leuthner F. Gerald and Monica Nilles Ed and Mary † Schumacher Yvonne Wagner † list reflects membership in Dolores Blenkush † Most Rev. Harry Flynn, D.D. † Paulette Joyer Diane Liemandt-Reimann and Gregory and Kunthida Novak Steven Schuster Charles and Denise Waletzko Warren and Marilyn Blomquist † James and Elizabeth Foley Thomas and Shirley Jungels Ron Reimann Rev. Robert C. Nygaard Peter † and Ann Schweitzer Donald and Mary Waletzko the Legacy Society as of Harold and Patricia Boerboom † Lyle † and Barbara Franke K Mary Kading † James and Eleanor Lyons † O Kay O’Brien Bunker † Kenneth Scully † Rev. Msgr. John Ward † Patricia Borre † Francis † and Jean Franta Charlotte Kangas † M Daniel † and Jean MacDonald John and Peg Ogren † Thomas and Janice Segar Marlys Weber June 30, 2020. Daniel and Mary Jane † Borrell Joleen Franta † Anne Keller Sheila MacDonald † Richard and Suzanne Opitz James and Lucia Seidel Rob and Mary Weber Ellen Cull Bouslough † Eugene and Mary Frey Barbara Keller † Daniel and Penny Malecha P Phil and Connie Paquette Greg and Sara Seifert William Wegscheider † Dr. R. Michael and Sharon Bowen Rev. Francis Fried Bernice Kelly † Catherine Marien † Rev. William Paron David and Patricia Serreyn Jerome and Mary Ann Weigenant † Harold Brady Clara Fulton Gerald † and Charlotte Kelly Barbara Martin Harold and Wendy Parsons Dr. Gregory M. Sheehan Don † and Arlene Welbes Milton and Adeline Brecke † G Thomas Gainor and Jan Nolan Gainor Clarence and Dorothy Kelzer John and Dorothy Matschi † Robert and Rita Peichel John Shrake † Gene and Ivalea † Wendlandt Jerome Brown † Elizabeth Gardner Lorraine Kelzer Lawrence † and Barbara Matthews Wayne and Patricia Pelzel Mark Shrake Albert and Mildred Wesely † Bolded names denote members John and Betty Bruender Rev. Msgr. Francis Garvey † Mary Kay Kennedy Francis and Mary Louise Mayer † Warren † and Rachel Pennig Rev. Leonard Siebenaler Thomas and Gloria Wesely Rev. John Brunner † Ronald and Brenda Gieneart Robert and Margaret Keppel † Marian McCarty Ebert and Valeria Pezzani † Nicholas and Susan † Simons Robert and Mary Wesslund † inducted into the Legacy Society Frank Bruns, Jr. Philip † and JoAnn Gitter Adella Kerber † Eugene † Ebert Henry and Dorothy Piché † Rev. Robert Sipe Carol Whaley Raymond and Helen Brya † Rev. Robert Goblirsch † Edwin Kerber † Darrel and Glenda McDonald † LeRoy † and Cecilia Piché Brien Slawik and Monika Strom Judith Whitacre in fiscal year 2020. Leona Burke † Richard and Delphine Goldstrand † Elizabeth J. Keyes Rev. Kevin McDonough Mildred Pike † Harold and Sharon Slawik George and Dorothy White † J. Donald Burns † Edward † and Barb Gorski Ralph and Bette Keyes † Hugh McElroy Ron Plante Jerome and Delores Slawik Kathleen Wichmann Vivian Byers † Thomas and Joleen Greene Margaret M. King † Rosemarie McGiffin Terrance Plante † Rev. Stanley V. Sledz Richard † and Sunny Wicka The † symbol denotes Legacy Rev. Albert Byrne † John and Patricia Gries Harry and Audrey Kirby † Jay McGivern Arthur Popehn George and Jeanne Slipka † Angela Widi † C Frances Callaghan † Julie Grill Rev. Francis Kittock † Lawrence and Andrea † McGough Rev. Francis Pouliot Ronald and Mary Smith Martha Wiggins † Society members who have Francis and Ruth Callaghan † Dr. Joseph and Clarice Gryskiewicz James and Mary Klein † Michael and Janet McGough Robert † and Dorothy Prax Stanley and Gladys Sommers † Theresa Wilkes William and Connie Carroll † Robert † and June Gust Rosann and Kenneth Klutzke Timothy McGough Alexander † and Caroline Puzak Robert and Lucille Speeter † Rose Williams passed. Please hold them in Joseph and Fern Check † H Rev. Paul Hadusek † Jan Kohler and Kenneth † Schwalbach Dorothy A. McGuire R George and Anne Raiche † Rev. Msgr. Stanley Srnec † Steven and Lynn Wolf Donald and Oma Christle † Edward and Margaret Hagerty † John and Kathleen † Kokesh Peter and Mary McKenna † Fred Ranallo † John and Nan Steger Daniel Wolfe and Carol Frey Wolfe your thoughts and prayers. Robert and Judith Claflin Raymond and Sally Haik † John and Rajah Kolb † Mary Cullen McKeown and Arnold † and Deanna Rasmussen John and Eleanor † Steichen Rev. Richard Wolter † Alfred Colling Mary Ellen Halverson Allen † and Elaine Kolles Tom McKeown Dr. Mary R. Reichardt Agnes Stensby Genevieve Woods † Clement and Molly Commers Hazel Heim † Richard and Karen Koppy Michael McNamara and William and Joanne Reiling Florian Sterner Rev. Msgr. Robert Wyffels † Dr. Joseph and Louise Connolly † Quentin and Sally Heimerman † Joan Korkowski Mary Beth O’Reilly † Drs. James † and Christine Renier Mark and Lee Ann Sticha Y Alma Young † Norb and Mary Ellen Conzemius George and Katherine Henrich Richard † and Mary Anne Kramer Richard and Carol McNamara John and Eleanor Reusch † William † and Anne Stocks Z Richard Zarneke William and Carolyn † Cuddigan Julia Herl † Dr. Stephen and Marla Kramer John and Jane McNeill Richard and Dorothy Revord † Gertrude Stoltz † Germaine Zeglin † D William and Marilyn Dejarlais Lawrence and Barbara Hessburg Vivian Kratz † Aida Mendez and Raul Andruet Br. William Rhody, F.S.C. † Clara Storms † Leonard † and Irene Zvanovec Rev. Dennis Dempsey Rev. Msgr. Patrick Hessian † Norbert and Teresa Krenik Susan Meneely Gerald and Diane Riebel Robert and Anne Strachota Gerald and Kathleen Meyer Most Rev. , D.D. † JoAnne Streich † 12 13 The founders’ original vision was simple: create a community foundation shaped by Catholic BUILDING A COMMUNITY FOUNDATION identity. Since its establishment in 1992, the Catholic Community Foundation of Minnesota (CCF) has come to be recognized as an experienced and trusted partner. In 2020, the Minnesota Catholic Relief Fund (MCRF) demonstrated CCF’s ability to inspire philanthropy, convene experts, and disburse funds to meet the greatest needs in our Catholic community. While the MCRF highlights together how much CCF has matured as an organization, these efforts wouldn’t have been possible without the many visionary leaders who have shared their time and talent over the years.

14 15 “We had to set up an office, hire and pay staff, and assure investors we could give them the services they needed if they invested with us. Fortunately, we had sponsorship from some prominent Catholics willing to INVESTING FOR THE FUTURE Mimi points out that CCF’s focus on closing the budget gap and becoming financially self-sustaining attracted more donors and elevated CCF’s risk their money right off the bat.” In the early 1990s, Tom Gainor was part of a select group Archbishop capacity for grantmaking. “Over the last decade CCF has become an Roach charged with evaluating the feasibility of a Catholic community important source of funding,” says Mimi. “It’s directed funds to some of — Tom Gainor foundation in Minnesota. As the idea became a reality, Tom joined CCF’s the most critical needs in the community.” first board of directors. Having recently retired from his position at the Federal Reserve Bank of Minneapolis, he remembers vividly what it was She cites the MCRF as one accomplishment that proves CCF’s capabilities. like to launch a community foundation from scratch. “We had to set up “In a time of need, to rally those kinds of resources and quickly direct MIMI LARSON an office, hire and pay staff, and assure investors we could give them the them where they’re needed most demonstrates all the hard work that’s services they needed if they invested with us,” he recalls. “Fortunately, been done by the founders, board members, and staff.” we had sponsorship from some prominent Catholics willing to risk their “In a time of need, to rally those money right off the bat.” A SHARED DREAM kinds of resources and quickly Offering a way to fund Catholic causes in perpetuity helped attract Few people can appreciate CCF’s evolution more than Jim Mullin, CCF’s direct them where they’re donors who might have otherwise invested with one of the more first president. “It took a lot of people from different backgrounds who needed most demonstrates all established community foundations. “While they did a lot of good for generously offered their time to make all of this happen,” says Jim. “It’s become a shared dream.” the hard work that’s been the community, people with donor advised funds at one of the secular Jim points to CCF’s founding principles, done by the founders, board public foundations couldn’t make legacy which have guided it through many gifts to Catholic organizations. It went “Good investment strategy together with members, and staff.” stages of growth. “From the start we against their charter,” explains Tom. “We good grant allocations to the community have wanted to reflect our Catholic faith in offered people who supported Catholic — Mimi Daly Larson all that we do,” he says. “It takes a lot of ministries of all kinds a way to use contributed to the strength of CCF.” people to respond to a crisis, but they legacy funds to provide future support.” — Tom Gainor need to be animated by a core mission. SERVING PRESENT NEEDS AND CCF has that, and it hasn’t changed.” JIM MULLIN PLANNING FOR THE FUTURE Tom rejoined the board of directors for another nine-year term in 2011. As he reflects on his second term of board leadership, he takes great “From the start we wanted to reflect our CCF was far more established in 2007, when Mimi Daly Larson was hired to advise the organization on its plans for marketing and outreach. In satisfaction in CCF’s current position, observing that it’s the largest Catholic faith in all that we do. It takes a lot of 2011, she was invited to join the board, where she applied her expertise Catholic community foundation in the country. “Good investment strategy together with good grant allocations to the community have people to respond to a crisis, but they need to in development and organizational planning to guide the foundation through two strategic planning processes. “Strategy, focus, and talent contributed to the strength of CCF,” Tom says. “We can all take some pride l be animated by a core mission. CCF has that, have put CCF on a path for accelerated growth,” says Mimi. “We can’t and give a lot of thanks for how well CCF has done.” and it hasn’t changed.” control macro trends, but we can control decision-making — and CCF has made some good ones.” — Jim Mullin

16 17 Endowed Funds

An endowed fund is a A Annunciation Parish Endowment Fund, Minneapolis Archbishop Flynn Legacy of Faith Endowment Fund Lenzmeier Family Endowment Fund Piché Family Endowment Fund St. Peter School Tuition Assistance Endowment Fund, Archdiocesan Venezuelan Mission Endowment Fund Friends of Catholic Urban Schools Endowment Fund Clara Hill Lindley Endowment Fund Anthony and Melva Pierce Endowment Fund North St. Paul permanent gift that will provide B Severne M. Banack Endowment Fund Robert F. and Clara M. Fulton Foundation Endowment Fund Erasmus C. Lindley Charitable Endowment Fund Terrance J. Plante Charitable Endowment Fund St. Peter Claver Tuition Aid Endowment Fund, St. Paul Benilde-St. Margaret School Endowment Fund, St. Louis Park G Gainor Endowment Fund Luminarias Endowment Fund Arthur J. Popehn Family Foundation Endowment Fund St. Rose of Lima Tuition Assistance Endowment a perpetual source of funding Blessed Virgin Mary Charitable Endowment Fund Msgr. Francis J. Garvey Endowment Fund Lyons Family Tuition Assistance Endowment Fund Donald and Veronica Poquette Charitable Endowment Fund Fund, Roseville Harold and Patricia Boerboom Priests Retirement Endowment Fund Richard and Delphine Goldstrand Charitable Endowment Fund M Catherine O’Connor Marien Legacy Endowment Fund Preaching and Presiding Institute Endowment Fund St. Thomas Academy Endowment Fund to designated charities or Borromeo Endowment Fund Good Shepherd School Education Endowment Fund, Golden Valley Mary Mother of God Endowment Fund, Duluth Priests Continuing Education Endowment Fund St. Thomas Aquinas Catholic School Endowment Fund, Jerome J. Brown Endowment Fund Tom and Joleen Greene Family Endowment Fund Burt and Patricia McGlynn Family Scholarship Priests Retirement Endowment Fund International Falls charitable causes. With an Brown-Mountain Family Advised Endowment Fund John and Patricia Gries Endowment Fund Endowment Fund R Rauenhorst Family Scholarship Endowment Fund Star Family Endowment Fund Rev. John H. Brunner Charitable Endowment Fund Growing in Faith Endowment Fund O. Bernard and Dorothy Ann McGuire Tuition Assistance William and Joanne Reiling Endowment Fund T Sr. Jean Thuerauf Endowment Fund endowed fund, charitable Brya Family Endowment Fund Guest House Endowment Fund Endowment Fund for St. Mark School, St. Paul Carl J. Remick Jr. Endowment Fund Total Life Care Centers Endowment Fund Robert and Dolores Buril Endowment Fund Guild of Catholic Women Endowment Fund Donald and Bernice Messerich Family Charitable Jim and Chriss Renier Scholarship Endowment Fund Trinity Foundation Educational Endowment Fund, giving lives on for countless Burns Family Charitable Endowment Fund H Haugh Family Endowment Fund for Catholic Teachers and Religious Endowment Fund Respect Life Program Endowment Fund St. Louis Park Vivian M. Byers Endowment Funds for Education Education Directors Milroy Family Designated Endowment Fund Richard G. and Dorothy E. Revord Family Charitable V Corinne Van Heel Endowment Fund generations. Anyone can C Carondelet Life Care Ministries Endowment Fund Haugh Family Endowment Fund for Tuition Support of Phillip and Barbara Milroy Cathedral School Scholarship Endowment Funds Norman W. and Nancy B. Villwock Family Endowment Fund Connie D. and William C. Carroll Scholarship Endowment Fund Elementary Schools Endowment Fund, Superior, WI Cole Richardson Endowment Fund W Wagner Family Endowment Fund create an endowed fund at Cathedral Foundation Endowment Fund Hazel C. Heim Endowment Fund Ministerial Enrichment Endowment Fund Most Rev. John R. Roach Endowment Fund Joseph and Angeline Waletzko Scholarship Catholic Youth Camp Endowment Fund Heimerman Family Designated Endowment Fund Missionary Sisters of St. Peter Claver Endowment Fund S Sacred Heart Fraternity of Secular Franciscan Endowment Fund the Catholic Community Center for Mission Endowment Fund Jack and Barbara Hessburg Charitable Endowment Fund Molz Family Endowment Fund Endowment Fund Wegscheider St. Paul Seminary Endowment Fund Cerenity-Marian Center of St. Paul Catholic Service to the Elderly Msgr. Patrick J. Hessian Endowment Fund Kathyrn Mooney Endowment Fund for Annunciation George and Evelyn Sayer Scholarship Endowment Fund for Weigenant Family Charitable Endowment Fund Foundation to support causes Endowment Fund Earl and Kathy Hoagland Sacred Manoomin Endowment Fund Church, Minneapolis St. John the Baptist, Excelsior Gene and Ivalea Wendlandt Foundation Endowment Fund Joseph and Fern Check Legacy Endowment Fund Dcn. Gary and Jacqui Hoffman Scholarship Endowment Fund for Kathyrn Mooney Endowment Fund for Basilica of Bernadine E. Schmidt Endowment Fund Robert and Mary Wesslund Endowment Fund for St. Odilia near to their heart. Community Priorities Endowment Fund , Edina St. Mary, Minneapolis Ronald and Nadine Schoenborn Endowment Fund Church, Shoreview Conzemius Endowment Fund for Cretin-Derham Hall Dcn. Gary and Jacqui Hoffman Scholarship Endowment Fund for Kathyrn Mooney Endowment Fund for Catholic Charities Kenneth W. Scully Endowment Fund Carol A. Whaley Charitable Endowment Fund Mary Ellen Priebe Conzemius Endowment Fund St. John the Baptist, Excelsior Kathyrn Mooney Endowment Fund for St. John Seifert Family Endowment Funds Martha H. Wiggins Charitable Designated Endowment Funds Cora Cooty Endowment Fund Thomas and Patricia Holloran Catholic Charities Endowment Fund Vianney Seminary David and Patricia Serreyn Endowment Fund Otto C. Winzen Charitable Endowment Funds Rev. Francis Costiou, OMI Memorial Endowment Fund Rev. Leo Huber Charitable Endowment Funds Kathyrn Mooney Endowment Fund for St. Olaf Catholic Dr. Gregory Sheehan Scholarship Endowment Fund Emil and Julia Wittman Memorial Endowment Fund Crosier Fathers and Brothers Endowment Fund Hurley Family Caritas Endowment Fund Church, Minneapolis Sisters of the Good Shepherd Endowment Fund Rev. Richard J. Wolter Endowment Fund Bolded fund names indicate D Demontreville Jesuit Retreat House Endowment Fund I Immaculate Conception Church Endowment Fund, Kathyrn Mooney Endowment Fund for St. Stephen Skipper Slawik Endowment Fund Diaconate Educational Assistance Endowment Fund Columbia Heights Church, Minneapolis Rev. Henry J. Sledz Endowment Fund for New City Ministry funds established in fiscal William C. and Corinne J. Dietrich Charitable Endowment Funds Immaculate Heart of Mary School Tuition Assistance W. Edward Mullin and Mary Hester Mullin Charitable Slipka Family Charitable Endowment Fund Maureen Dolan Jurek Charitable Endowment Fund Endowment Fund, Minnetonka Endowment Fund George and Jeanne Slipka Charitable Endowment Fund year 2020. Edward and Margaret Dudley Memorial Endowment Fund J Jeffery Paul Johnson Memorial Endowment Fund Catherine G. Murphy Endowment Fund for Catholic Charities Spiritual Formation of Catholic School Teachers E Elder Family Endowment Fund K Margaret D. Kane Endowment Fund Catherine G. Murphy Endowment Fund for St. Paul Seminary Endowment Fund Marilou Eldred, Ph.D. Legacy Endowment Fund Sr. Brenda Kelzer Scholarship Endowment Fund Catherine G. Murphy Endowment Fund for St. Thomas More St. Catherine University Endowment Fund Estrem Family Endowment Fund Abigail Kiesner Endowment Fund for Advancement of Church, St. Paul St. John School Endowment Fund, Little Canada F Family of Faith Catholic Charities Endowment Funds Professional Women N Nativity of Our Lord Endowment Funds, St. Paul St. John the Evangelist Tuition Assistance Endowment Fund, Family of Faith Education Assistance Endowment Fund Klutzke Family Values Endowment Fund Nazareth Hall Endowment Funds Little Canada Family of Faith General Endowment Fund Dr. Ellsworth and Mae F. Kneal Endowment Fund Newman Center University Christian Studies St. John Vianney Seminary Endowment Fund Family of Faith Religious Education Endowment Funds Elaine and Allen Kolles Endowment Fund Endowment Fund St. Joseph Parish Endowment Fund, West St. Paul Family of Faith Support and Education for Priests Endowment Fund L Carlo J. LaManna Family Scholarship Endowment Fund for Nilles Family Endowment Fund St. Joseph’s Home for Children Endowment Fund Family of Faith Tuition Assistance Endowment Funds St. Paul Seminary Alex and Loretta Novak Family Endowment Fund St. Mark Scholarship Endowment Fund, St. Paul Raymond and Genevieve Feltl St. Joseph Church Carlo J. LaManna Family Scholarship Endowment Fund for O Our Lady of Good Counsel Endowment Fund St. Michael Building and Grounds Endowment Endowment Funds, Hopkins Tuition Assistance Our Lady of Peace Education Endowment Fund, Minneapolis Fund, Stillwater Fleming Family Charitable Endowment Fund Lang Family Charitable Endowment Fund Our Lady of Peace Home Endowment Fund St. Michael Church Endowment Fund, Stillwater Florence A. Florance Scholarship Endowment Fund for Academy Lannan Family Endowment Fund for St. Thomas Academy P Phil and Connie Paquette Charitable Endowment Fund St. Michael Religious Education Endowment Fund, Stillwater of Holy Angels Fr. Patrick Lannan Endowment Fund Fr. William J. Paron Endowment Fund St. Paul Seminary Endowment Fund Florence A. Florance Scholarship Endowment Fund for DeLaSalle Robert E. and Florence D. Larkin Charitable Endowment Fund Patrons of St. Anne School Endowment Fund, Le Sueur St. Paul’s Outreach Endowment Fund High School Philip P. LaVelle Charitable Endowment Fund Valeria Pezzani Endowment Funds

18 1919 Donor Advised Funds

A donor advised fund is A Abele Family Charitable Fund E Eibensteiner Family Fund Earl and Kathy Hoagland Sacred Stewart W. and Kathleen M. Laird Mark Miller and Anne Cullen Miller Fund Reserve Township Fund St. Vincent de Paul Fund ABPI Fund Douglas M. and Kathleen A. Eiden Fund Manoomin Fund Charitable Fund Doug and Sandy Milroy Fund Michael and Connie Ricci Family Fund John and Margaret Staiger Family Fund a simple, flexible account B Jo and Gordon Bailey Family Fund Alfred O. and Mary A. Elder Charitable Fund Janice Hoeschler Charitable Fund Carlo LaManna Fund Missions of Michael Fund Erwin and Hedwig Riesgraf Family Fund R and M Stark Fund Mike Bangasser Family Charitable Fund Enestvedt Family Charitable Fund Delores and Bernard Hofschulte Family David Lano Foundation Fund Dan and Sheryl Moran Donor Advised Fund Janet M. Robert Charitable Fund Steigauf Family Foundation Fund that allows you to make International Beddor Fund Greg and Beth Engel Fund Charitable Donor Advised Fund Laughery Family Fund Dr. John Morrison and Carrie Scherer Roessler Family Fund Stenlund Family Foundation William Belkengren Charitable Fund F F. M. Farrell Family Fund Holy Angels Fund Lawinger Family Foundation Fund Family Fund Rueb Family Fund Denise Stibal Charitable Fund gifts, receive immediate tax Beranek Family Fund Fatima Charitable Fund Thomas and Patricia Hooley Family Robert L. Lee and Mary E. Schaffner Andrew and Kathleen Motzko John and Carol Rueb Fund Sticha Family Charitable Fund John and Cynthia Beuerlein Family Fund Finley Family Fund Charitable Fund Charitable Fund Charitable Fund Madonna Russo Charitable Fund Stocks Family Fund benefits, and then recommend Billeadeau Family Fund Archbishop Harry J. Flynn Charitable Fund Bruce and Pat Huber Charitable Fund Regina M. LeMay Charitable Fund Cathy and John Muggee Fund Ryan Family Fund Mary and Steve Stolz Fund Bott Family Charitable Fund M. and M. Flynn Charitable Gifting Fund Huberty Family Fund Lentz Family Fund Mulcahy Family Fund S Sauber Family Fund T Fr. Ralph Talbot Fund grants on your own timeline. Michael and Dolores Boyle Family Fogarty Family Fund Hurley Family Fund Letscher - Glancy Family Fund James and Franchelle Mullin Fund Sayer Family Foundation Fund Tautges Family Fund Charitable Fund Peter and Mary Jo Forrest Family Fund Thomas and Julie Hurley Fund Morrie and Alice Leuthner Charitable Fund Les and Betsy Murphy and Pete and Judy Ellen and Scott Sayer Charitable Fund Telep Family Charitable Fund Donor advised funds can be Bradley Family Godshare Fund Francis of Assisi Fund I Iacarella Good Deeds Fund Liemandt Family Fund Pedersen Fund John E. and Carole A. Sayer Charitable Fund Tholkes Family Charitable Fund John F. Brandes Fund Francois Family Charitable Fund J J and L Fund Logan Family Fund Brian and Michelle Murray Charitable Fund James C. and Mary E. Schacker Jeanne Thomas Charitable Fund used to plan giving annually Brennan Family Charitable Fund Franske Family Fund Jack and Kay Jasper Family Donor Luy Family Fund Musech Family Charitable Fund Charitable Fund John and Theresa Thurmes Family Fund Peter and Maura Brew Family Fund Dennis and Barbara Frederick Family Fund Advised Fund Richard and Jean Lynch Fund N Nangle/Naphin Family Fund Scherer Family Fund Tiffin Family Fund and throughout your lifetime. Bromelkamp Family Fund French Family Charitable Fund G. Joerger Fund M Fr. Stan Mader Fund Jesse and Jessica Nelson Charitable Fund Gary and Carolyn Scherer Fund Tinucci Family Charitable Fund Bruski Family Charitable Fund Eugene U. and Mary F. Frey Fund Mark Joerger Family Fund Thomas and Mary Jo Mahowald Thomas and Mary Ann Newinski Georganne and Kristopher Scherer John and Bonnie Treacy Family Fund C Canto Family Fund Friends of East Africa Fund David Johanneck Charitable Fund Family Fund Family Fund Family Fund Jeff and Susan Turner Fund Catholic Education Fund for the Furness Family Fund Norbert and Veronica Johanneck Ernie and Susan Maier Fund Nick and Rosie of Minneapolis Fund Ed and Ann Schlueter Stewardship Fund Twomey/Lord Charitable Fund Archdiocese of St. Paul and G John and Emily Gainor Family Fund Charitable Fund Maley Family Fund O Michael J. O’Connell and Susan F. Schmidt Family Fund U Underwood Sullivan Advised Fund Minneapolis Gazelle Legacy Fund Mark and Nancy Johanns Charitable Fund Mannix Family Fund Hayes Charitable Fund Bernadine E. Schmidt Charitable Fund Joseph and Nancy Utoft Charitable Fund Bolded fund names indicate Colling Family Charitable Fund Gary and Joan Geurts Fund Thomas R. and Catherine R. Johnson Fund Joseph D. and Patricia Kalil Margarit Deborah and John Murphy O’Halloran Fund Stephen and Carrie Schmitz Fund V Vanden Plas Family Fund Norbert and Mary Ellen Conzemius Fund Gleason Family Fund JM Joos Fund Family Fund Opus Prize Foundation Fund Marjorie J. Schneider Charitable Fund Gary and Sheri Vasko Family Fund funds established in fiscal Cook Family Charitable Fund God’s Gift Through S and G Fund Thomas and Shirley Jungels Family Fund Martin Family Fund Lawrence M. O’Shaughnessy Family Fund Steve and Tricia Schreiber Family Fund J and J Vierling Family Fund Kathleen Cooney and Robert LaBombard Michael and Susan Gores Family Fund K Gregory and Michelle Keeley Family Fund Steven and Helen A. Masica Family Fund Our Lady of the Lake Fund James and Jan Schueppert Family Fund Bryan and Kimberly Volk Family Fund year 2020. Family Fund Tom and Joleen Greene Family Clarence F. and Dorothy A. Kelzer Fund Mary Lou Mathiowetz Charitable Fund P P and R Charitable Fund Schuster Family Charitable Fund W Wagner Family Charitable Fund Craven Family Fund Charitable Fund Thomas and Diane Kemper Family Marjorie Mathison Hance Charitable Fund Palen Family Foundation Casey and Susan Scott Charitable Fund Ward Family Fund Cress Family Fund Grommesh Family Fund Charitable Fund John J. and Mary Anne T. Mauriel Philip J. Paquette Charitable Fund Seagren Family Charitable Fund Warner Family Fund James Crow and Mary Quinn Crow Fund Patrick and Sally Gruber Charitable Fund Robert E. and Margaret M. Keppel Charitable Fund H. William and Molly Park Family Fund Segar Family Fund Waterfall Fund James and Mary Crowley Fund Grundtner Family Charitable Fund Charitable Fund McCloughan Family Fund Harold and Wendy Parsons Fund Greg and Sara Seifert Charitable Fund Jerry and Mary Welle Family Fund Hugh and Melissa Cullen Family Fund Guardian Angels Fund Kiffmeyer Family Fund McElroy Christian Youth Ministry Fund Richard and Karen Pearson Family Fund Karen and Patrick Shrake Charitable Fund Wenger Family Charitable Fund Cunningham Family Fund H Dan and Colette Hagen Family Fund Susan V. Kleven Fund Andrea and Larry McGough Charitable Fund Peichel Family Charitable Foundation Fund Robert and Margaret Simmet Family Fund James Wicker Fund D Michele and Michael Darger Fund Haik Family Charitable Fund Leon and Kathleen Kline Family McGrath Family Fund L and G Peichel Charitable Fund Thomas W. and Rebecca E. Sinner Fund Wier Family Fund Tony and Jennifer DelDotto Fund Halbur Family Fund Charitable Fund Mary Cullen McKeown Charitable Fund Pelner Family Charitable Fund Harold and Sharon Slawik Fund Wingerd Family Charitable Fund Deo Gratias Fund Juli and Paul Halverson Fund John and Maureen Knapp Family Fund John D. and Jane A. McNeill Family Donor Petesch Family Charitable Fund Jerome and Delores Slawik Fund Michael and Pamela Wold Fund Russell Dickinson Celebrate Life Fund Hamerly Charity Fund Edward and Julianne Kocourek Family Fund Advised Fund Pfohl Family Fund Robert and Diane Slayton Fund Steve and Lynn Wolf Fund Diekmann Family Charitable Fund Jean Hammar Charitable Fund Emery and Karen Koenig Fund Kay Mellon Fund Plankers Family Fund Small Things Fund Woodlawn Avenue Fund Dienhart Family Fund Harrington Family Fund Kathleen and John Kokesh Fund Melsen Family Charitable Funds Pulles Catholic Family Fund Ronald and Mary Smith Charitable Fund Wyatt Family Fund Divine Mercy Charitable Fund Harwood Family Foundation Allan and Elaine Kolles Charitable Fund Matt and Kristina Melsen Family Fund R Tom and Mollie Raih Family Fund MCJ Snyder Charitable Fund Y Jon and Kalley Yanta Family Fund Divine Will Charitable Fund Mark Hazzard and Sharon Simonson Mary Kotchevar Fund John and Patrice Menard Family Fund Judith Rauenhorst Doerr Foundation Fund Greg and Emmy Springer Family Young / Sassie II Fund Morgan and Celine Donohue Family Fund Charitable Fund Kranz Family Fund Ted and Laura Merriam Family Fund Reetz Family Charitable Fund Charitable Fund Z Richard D. Zarneke Charitable Fund Adam and Kenna Dooley Family Fund Healy Family Charitable Fund Thomas and Janet Krocheski Merrill Family Charitable Fund Donald and Jean Regan Fund for Hill Murray St. Clare Charitable Fund Edward C. and Marie C. Zech Fund DRB - 1 Fund Robert and Mary Healy Family Fund Charitable Fund MGR Fund Sean O. and Mary D. Regan Family Fund St. Francis Fund Marjorie Zeug Charitable Fund Duc in Altum Funds Jack and Barbara J. Hessburg Fund Kunkel Family Charitable Fund Michaels Family Fund Jim and Chriss Renier Fund St. Jerome Catholic School Fund Edward and Margaret Dudley Family Hickok Family Fund L Lackas Family Fund Bill and Julie Mikkelson Fund Tom and Diane Repucci Charitable Fund St. Richard’s Fund Charitable Fund Quentin J. Hietpas Fund Kevin and Maureen Lahr Fund DuFresne Family Charitable Fund Fr. Jim Himmelsbach Fund

20 21 Legacy Fund

The Legacy Fund enables A Anonymous Donors Chuck and Arlene Garrity Thomas Leonard Donald and Jean Regan † Jules and Joseph Vierling Bernadette Amerongen Michael Gerard Tom Letscher and Sheila Glancy Letscher James Regan Nancy Villwock the Catholic Community Mary Anderson † Julie and Michael Gerend Maurice and Alice Leuthner Kelly Regan Leslie Vork Betty Andrews Brig. Gen. Leo and Rosemary Goodrich † Robert Lloyd and Sally Rystrom Sean and Mary Regan W William † and Barbara Wagner Foundation to respond to James Audette Frederick † and Barbara Gorka M Malloy Montague Karnowski Radosevich Carl Remick Marcella Flaten Wartman B Gordon and Jo Bailey Timothy and Mary Gray and Co., P.A. Richard and Dorothy Revord † William and Rosalie Weaver emerging or urgent, unmet G. Kendall and Nancy Baldry Jim and June Gulden Renee Malloy J. Peter and Mary Ritten Thomas and Rose Winkels Glynn Behmen H Albert and Colleen Haik † Marjorie Mathison Hance Randall and Janet Rogers Otto C. Winzen Memorial Funds needs in our community. We Robert and Mary Belongie Taylor and Sara Harwood Lois Maturi Dorothy and Robert Roth Dr. Bernard and Jane Worth James and Georgine Benoit Gretchen Healy † Marion McCarty Ebert and Eugene † Ebert Dolores Rufenacht Y Kathleen Yung are grateful for these donors John and Cynthia Beuerlein Quentin and Sally Heimerman † Malcolm and Mary McDermid S Timothy and Mary Scanlan Z Richard Zarneke John and Nancy Bierbaum Paul and Moira Heinicke McGough Foundation Kenneth and Mary Schaefer Richard and Kathleen Zieman who have committed gifts to the Kerrie Blevins Thomas and Kathryn Hentges Lawrence and Andrea † McGough Mary Schaffner and Robert Lee James Bloes John and Michelle Hickey Monica McGough Gary and Carolyn Scherer Legacy Fund and invite you to Rev. David Blume George and Molly Hottinger Timothy McGough Roger and Irma Scherer Rev. John Brandes Patricia Huber and Jerry Cawley Joseph and Paula McGrath Roger † and Angeline Schnobrich join them in strengthening our Fred and Sue Brass Richard Huberty and Jean Hurlbert Mary Cullen McKeown and Tom McKeown Michelle Schommer Gerald and Catherine Brennan John Hughes Harry McNeely Casey and Susan Ann Scott community now and forever. Thomas and Bea Brill † Thomas and Julie Hurley Gregory and Barbara Melsen James and Lucia Seidel John and Kathleen Burke J Len and Bea Japs † Robert and Mary Mersky Jim and Annie Seidel Thomas Busch John and Kay Jasper MGR Foundation Sexton Family Foundation C Verle Carlin † Craig and Patricia Jilk Mary Michaels Jerry † and Marilyn Sexton Josephine Benz Carpenter † Dr. Josie Johnson Anne Cullen Miller and Mark Miller Michael † and Charlene Sheahan Helen Coffey Jerome and Rose Jungquist Herbert and Elizabeth Mischke † Terrance and Marlene Shelstad Bolded names denote donors Alfred Colling Paul Jungquist Angela Moloney Mark Shrake David Commers † and Janet Nelson K Greg and Michelle Keeley Thomas and Louise Montague Silver Lake Dental who made a gift to the Legacy Commers Barbara Keller † Virginia Mulcahy Harold and Sharon Slawik Norb and Mary Ellen Conzemius Gerald and Phyllis Kelly James and Franchelle Mullin Jerome and Delores Slawik Fund in fiscal year 2020 for the Aaron and Michelle Cunningham John and Paula Kelly Brian Murray and Shelly McGill Murray Rev. Msgr. Joseph Slepicka D Leo and Janis Dehler Elizabeth J. Keyes N George and Ann Nemanich Rhonda Smieja first time. Lawrence and Mary DeMeules Jim Keyes Lucille Nickolay Ronald and Mary Smith Scott and Jane Deming Rosann and Kenneth Klutzke William and Joan Nickolay St. Paul Foundation Diocese of New Ulm Mary Kay Knapp O Richard and Suzanne Opitz John and Nan Steger The † symbol denotes Legacy Michael and Virginia Dwyer Paul and Alison Knapp P PadillaCRT John and Eleanor † Steichen E Edward Ehlenz Ed and Julie Kocourek Anita Pampusch and Frank † Indihar Robert and Anne Strachota Fund donors who have passed. Alfred and Mary † Elder Emery and Karen Koenig David and Debbie Paquette Lindsay Strickland Marilou and Donald Eldred Stephen and Laura † Kolar Phil and Connie Paquette Dr. Richard and Kathleen Student † Please hold them in your F William and Leveda Faulkner Philip Kunkel Dr. H. William and Molly Park Roger † and Margaret Swenson Jim and Jane Fennell Margaret Kuznia Valeria Pezzani † T Denise Tataryn thoughts and prayers. Donavon and Joyce Fisher Donald and Joanne Kvasnicka Stuart and Margery Pihlstrom Jeffrey and Jane Tegeler Paula Flück † L Timothy and Roxanne Lackas Mildred Pike † John and Joann Theissen Robert † and Sharon Flynn George and Carol Lang Marie and Raj Pillai Alan and Monaliza Tholkes Eugene and Mary Frey Robert and Florence Larkin † W. Ramon and Marilyn Pogue † Louis † and Patricia Tinucci Rev. Francis Fried Steven and Joan Larson Arthur J. Popehn Foundation Donald and Dolores Traxler James Frisell and Karen Knepper Frisell William and Jeanine Lauer Premier Banks Truist G William and Barbara Gabler Brian and Jane Lavin R Pamela Rauen Margaret Turner † Bill and Joan Gacki Dcn. Lawrence and JoAnn Lawinger Rauenhorst Family Foundation V Lawrence and Suzanne Vanden Plas Thomas Gainor and Jan Nolan Gainor Steven and Mischelle Lentz Mark and Karen Rauenhorst

22 23 endowing FOR UNFORESEEN CHALLENGES

Our Lady of Peace Catholic Church and School (OLP) has been a beacon of hope to parishioners and the residents of South Minneapolis since its founding — but never more so than in 2020.

The weekend in March that the state’s stay-at-home order went into effect, OLP launched livestream Masses online. Shortly afterwards, OLP pastor Father Joah Ellis began offering drive-through confession in the parish parking lot. School staff worked tirelessly to meet the needs of students and families after a quick shift to distance learning.

24 25 The ability to adapt and respond was the product of financial prudence active and involved in the OLP community. She found comfort there. She President of Development and Donor Engagement Chris Nelson. “There’s BACK TO SCHOOL AND MORE in years prior. In 1991, when the Minneapolis-St. Paul International Airport established an endowment with the Catholic Community Foundation of comfort in giving everything you can today without sacrificing the good purchased the property where the Church of St. Kevin sat, two South Minnesota (CCF) to perpetually support the OLP school. And when she that will be done by and for generations to come.” In preparing to reopen school in the fall, OLP drew on endowment Minneapolis parishes merged to form OLP. The Church of the Resurrection sold the family business in 2010, Jan carried out the plan she and Harry income to invest in an air-purifying ionization unit for the school’s HVAC property provided a new home for OLP, while proceeds from the sale of had made several years before. She endowed proceeds from the sale, “The permanent endowment also gives parish families a way to support system, smart cameras for remote learning (should that be required), St. Kevin’s gave the parish a financial ensuring that the community that had Our Lady of Peace in perpetuity,” says Father Ellis. “They can be confident Chromebooks for every student, and extensive COVID-19 mitigation plans. safety net as it established its roots. cared so well for her family over the gifts made in their estate plans will have lasting impact.” “They can be confident the gifts made in their estate As a result, OLP was able to not just welcome back its entire student the years would be forever cared body, but also welcome 22 new families and 57 new students. And, endowments established by plans will have lasting impact.” for financially. foresighted parishioners ensured Father Ellis concludes, “We certainly were more OLP had a stable source of income — Father Joah Ellis, Pastor, Our Lady of Peace Distributions to OLP from confident making those investments in the to sustain its faith community endowments they funded have school knowing we could count on future and ministries when faced with exceeded $8 million since their endowment distributions and the the unforeseen challenges of the inception — with the church and assistance of CCF.” l COVID-19 pandemic. school gratefully receiving more than $1 million in 2020 alone.

GENEROUS PARISHIONERS SHARING THEIR BLESSINGS “They couldn’t possibly have foreseen just how much it would be needed this year — but they knew establishing an endowment was better than Harry and Jan Sweere came to OLP from the Church of St. Kevin, where giving the money all at once,” says Pam. three of their four children attended school. They enjoyed tremendous business success with a company they founded together — but more FINANCIAL STABILITY — YESTERDAY, TODAY, AND TOMORROW important to them was their faith and the OLP faith community. Wanting to ensure that the financial safety net created in 1991 would “They saw themselves as blessed,” says Pam Sweere, daughter-in-law to continue to grow in perpetuity and provide a source of stable, consistent, Harry and Jan. “They wanted to bless others in perpetuity.” annual revenue, OLP turned to CCF to establish a permanent endowment. Before Harry died in 2005, he and Jan made plans to provide a significant “In times like these, income from a permanent endowment can be used to gift to OLP upon the sale of their company. After Harry died, Jan remained meet urgent needs without putting the principal at risk,” explains CCF Vice

new students 57 (22 new families) WELCOMING BACK entire student body 26 27 Institutional Endowed Funds

An institutional endowed fund A ACS Scholarship Fund, Minneapolis M.T. Hill Christian Brothers Trust Fund, St. Paul St. Bridget of Sweden Endowment Fund, Lindstrom St. Odilia Endowment Fund, Shoreview Aim Higher Foundation Endowment Fund M.T. Hill Cretin-Durham Hall Trust Funds, St. Paul St. Cecilia John Mondati Endowment Fund, St. Paul St. Odilia Prayer Garden Perpetual Care Fund, Shoreview is a permanent fund established Aim Higher Foundation Scholarship Fund Marquette Catholic School Endowment Fund, Virginia St. Croix Catholic School Endowment Fund, Stillwater St. Odilia School Endowment Fund, Shoreview Annunciation Church Outreach Fund, Minneapolis Moto Hope Mission Endowment Fund, Walker St. Croix Valley Faith Formation Endowment Fund, Stillwater St. Olaf Church Dorothy Ellstrom Endowment for Spiritual by an organization to support Annunciation Church Youth Ministry Fund, Minneapolis N Nativity of Mary Endowment Trust Fund, Bloomington St. Eloi Parish Endowment Fund, Minneota Enrichment Fund, Minneapolis Assumption Cemetery Perpetual Care Trust Fund, Richfield Nativity of Mary School Endowment Trust Fund, Bloomington St. Gabriel the Archangel Affiliated School Endowment Fund, Hopkins St. Olaf Church Endowment Fund, Minneapolis and sustain its ministries. B Bethlehem Academy Legacy Institutional Endowment Fund, Faribault NET Ministries Alumni Endowment Fund, West St. Paul St. Gabriel the Archangel Endowment Fund, Hopkins St. Pascal Baylon Endowment Fund, St. Paul Bethlehem Academy Legacy Scholarship Endowment Fund, Faribault NET Ministries Endowment Fund, West St. Paul St. George Cemetery Endowment Fund, Long Lake St. Patrick Building Fund, Inver Grove Heights When an institution invests in C Catholic Services Appeal Foundation Endowment Funds New Prague Area Cemetery Fund, New Prague St. Gerard Majella Endowment Fund, Brooklyn Park St. Patrick Designated Endowment Trust Fund, Center for Mission Alfred E. Hauwiller Endowment Fund, St. Paul O Our Lady Cemetery Fund, Grove City St. Helena Endowment Fund, Minneapolis Inver Grove Heights a permanently endowed fund Center for Mission Mustard Seed Mission Endowment Fund, St. Paul Our Lady of Grace Church Fr. Robert T. Cassidy Scholarship St. Henry Cemetery Perpetual Care Trust Fund, Monticello St. Patrick Endowment Fund, St. Paul Center for Mission Fr. Karl Wittman, Anna Marie Eisenmenger and Endowment Fund, Edina St. Hubert Catholic Community Advisory Fund, Chanhassen St. Paul Seminary General Seminary Endowment Fund, St. Paul at the Catholic Community Odo Reder Endowment Fund, St. Paul Our Lady of Grace Catholic School Endowment Fund, Edina St. John the Baptist Catholic Parish Endowment Fund, Excelsior St. Paul Seminary Msgr. Ambrose Hayden - Seminary Fund, St. Paul Chesterton Academy of the Twin Cities Fund, Hopkins Our Lady of Grace Endowment Trust Fund, Edina St. John the Baptist Resurrection Cemetery Care and St. Paul’s Monastery Endowment Fund, St. Paul Foundation, it makes a CommonBond Communities Housing Endowment Fund, St. Paul Our Lady of the Lake Cemetery Endowment Trust Fund, Mound Maintenance Fund, Excelsior St. Peter School Endowment Fund, Forest Lake D Diocese of New Ulm LeVoir Catholic School Endowment Fund Our Lady of the Lake Parish Endowment Trust Fund, Mound St. John the Baptist Capital Endowment Fund, New Brighton St. Peter Catholic Church Cemetery Perpetual Care commitment to ensuring that Diocese of New Ulm Archbishop John C. Nienstedt Catholic Schools Our Lady of the Lake School Endowment Trust Fund, Mound St. John the Baptist Cemetery Endowment Fund, New Brighton Endowment Fund, Mendota Scholarship Fund Our Lady of the Lakes Perpetual Care Fund, Spicer St. John the Baptist Operating Endowment Fund, New Brighton St. Peter Catholic School Operating Endowment Fund, its mission continues on for F Faithful Shepherd Catholic School Rev. Charles V. Lachowitzer Our Lady of Mount Carmel Deaf Ministry St. John the Baptist Pastoral Outreach Ministry Fund, New Brighton North St. Paul Endowment Fund, Eagan Endowment Fund, Minneapolis St. John the Baptist Tuition Assistance Fund, New Brighton St. Peter Cemetery Care Endowment Fund, North St. Paul future generations. Franciscan Retreats Endowment Fund, Prior Lake Our Lady of Peace Endowment Fund, Minneapolis St. John the Baptist Cemetery Endowment Fund, Savage St. Peter Parish Operating Endowment Fund, North St. Paul Frassati Catholic Academy Endowment Fund, White Bear Lake Our Lady of the Prairie Parish Endowment Fund, Belle Plaine St. John the Baptist Parish Endowment Fund, Savage St. Peter School Tuition Assistance Endowment Fund, G Glenn Catholic Senior Communities, Inc. Fund, Minnetonka P Pacem In Terris Endowment Fund, St. Francis St. John the Baptist Parish Endowment for Tuition Assistance North St. Paul Good Shepherd Endowment Funds, Golden Valley Pax Christi Community Endowment Fund, Eden Prairie Fund, Savage St. Philip Church Clifford and Audrey Olson Gratitude for Divine Providence Staff Fund, Sleepy Eye Presentation of the BVM Grade School Parish St. John the Evangelist Tuition Assistance Endowment Fund, Duluth Endowment Fund, Litchfield Guardian Angels School Trust Fund, Chaska Endowment Fund, Maplewood St. John Neumann Catholic Church Parish Endowment Fund, Eagan St. Pius X Permanent Endowment Fund, White Bear Lake Bolded fund names indicate Guardian Angels Capital Project Endowment Fund, Oakdale Presentation Legacy Foundation Fund, Maplewood St. Joseph Church Fr. Frank Brunner Endowment Fund, Montevideo St. Richard BTCS Scholarship Endowment Fund, Richfield Guardian Angels Cemetery Endowment Fund, Oakdale R Risen Christ Catholic School - John P. and Mary L. Byron St. Joseph Parish Faith Formation Financial Aid Endowment Fund, St. Richard Undesignated Endowment Fund, Richfield funds established in fiscal Guardian Angels Arthur Hoff Endowment Fund, Oakdale Endowment Fund, Minneapolis Red Wing St. Rose of Lima Legacy Fund, Roseville Guild Incorporated Endowment Fund, St. Paul S Ss. Cyril and Methodius Church Dcn. John Matlon Memorial St. Joseph Perpetual Parish Endowment Fund, Rosemount St. Rose of Lima Parish School Mischke Family year 2020. H Holy Family Church Seminarian Endowment Fund, Silver Lake Endowment Fund, Minneapolis St. Jude of the Lake Endowment Fund, Mahtomedi Endowment Fund, Roseville Holy Name Endowment Fund, Minneapolis Ss. Joachim and Anne Endowment Fund, Shakopee St. Jude of the Lake School Endowment Fund, Mahtomedi St. Stephen Church Emmett and Augusta Goff Holy Name of Jesus Church Good Samaritan Funds, Wayzata Ss. Peter and Paul Parish Education Endowment Fund, Loretto St. Lawrence Catholic Church Endowment Fund, Duluth Endowment Fund, Minneapolis Holy Spirit Endowment Fund, St. Paul Ss. Peter and Paul Parish Endowment Fund, Loretto St. Louis Church Fr. Paul Morrissey, S.M. in Memory of John Nasseff St. Therese Advisory Fund, Deephaven Holy Trinity Operating Endowment Fund, South St. Paul St. Agnes Parish Pastoral Ministry Fund, St. Paul Endowment Fund, St. Paul St. Therese Good Samaritan Endowment Fund, Deephaven I Immaculate Conception Endowment Fund, Lonsdale St. Agnes School Scholarship Endowment Fund, St. Paul St. Margaret Mary Endowment Fund, Golden Valley St. Therese School Advisory Fund, Deephaven Immaculate Heart Church Endowment Fund, Crosslake St. Albert Cemetery Perpetual Care Fund, Albertville St. Mark Parish Endowment Trust Fund, St. Paul St. Therese Pastoral Care Endowment Fund, St. Louis Park Immaculate Heart of Mary Catholic Charities St. Albert the Great Endowment Fund, Minneapolis St. Mark Peller Scholarship Fund, St. Paul St. Thomas the Apostle Endowment Fund, St. Paul Endowment Fund, Minnetonka St. Aloysius Cemetery Fund, Olivia St. Mary Perpetual Care Endowment Fund, Arlington St. Thomas Aquinas Goldie and Lorraine Buda Scholarship Fund, Immaculate Heart of Mary Faith Formation Endowment Fund, Minnetonka St. Alphonsus School Teachers Development Endowment Fund, St. Mary School Endowment Fund, Bird Island St. Paul Park Immaculate Heart of Mary General Operating Brooklyn Center St. Mary Cemetery Fund, Olivia St. Timothy Endowment Fund, Blaine Endowment Fund, Minnetonka St. Alphonsus School Tuition Assistance Endowment Fund, St. Mary of the Lake Cemetery Perpetual Care Fund, White Bear Lake St. Victoria Cemetery Perpetual Care Endowment Fund, Victoria Immaculate Heart of Mary Maintenance Reserve Brooklyn Center St. Matthew Education Endowment Fund, St. Paul St. Victoria Parish Unrestricted Endowment Fund, Victoria Endowment Fund, Minnetonka St. Ambrose Church Bishop Endowment Fund, Woodbury St. Michael Cemetery Perpetual Care Fund, Farmington St. Wenceslaus Cemetery Endowment Fund, New Prague Immaculate Heart of Mary Scholarship for IHM Students St. Anastasia Cemetery Perpetual Care Endowment Fund, Hutchinson St. Michael Designated Endowment Trust Fund, Farmington St. Wenceslaus Endowment Fund, New Prague Endowment Fund, Minnetonka St. Anastasia Endowment Fund, Hutchinson St. Michael Cemetery Fund, Milroy St. Wenceslaus School Endowment Fund, New Prague Incarnation Parish Endowment Fund, Minneapolis St. Andrew Parish Religious Education Fund, Montevideo St. Michael Church and School Advisory Fund, Prior Lake T Transfiguration Church Ted Zarembski Scholarship L League of Catholic Women Endowment Fund St. Anne Cemetery Endowment Trust Fund, Hamel St. Michael Endowment Fund, Prior Lake Endowment Fund, Oakdale M M.T. Hill Archdiocesan Invalid Priests Trust Funds, St. Paul St. Bernard Church Marie Tschida Pranke Scholarship Fund, St. Paul St. Nicholas Cemetery Perpetual Care Fund, Carver Trinity Founding Churches Educational Endowment Fund, St. Paul St. Nicholas Endowment Fund, Elko New Market 28 29 Agency Funds Donor Designated Funds

Catholic parishes, schools, A Aim Higher Foundation Scholarship Fund R Risen Christ School Funds, Minneapolis St. Katharine Drexel Building Fund, Ramsey A donor designated fund is a M Marjorie Mathison Hance Fund Alpha Women’s Center Fund, Savage S Sacred Heart Investment Fund, Robbinsdale St. Louis, King of France Funds, St. Paul P Phohl Family Fund and institutions partner with Annunciation Funds, Minneapolis Ss. Joachim and Anne Funds, Shakopee St. Luke Fund, Clearwater streamlined fund that benefits a Ascension Education Fund, Minneapolis Ss. Peter and Paul Funds, Loretto St. Maron Maronite Funds, Minneapolis the Catholic Community Assumption 2000 Fund, Richfield St. Adalbert Long-Term Reserve Fund, St. Paul St. Mary Fund, New Trier single beneficiary. You decide how B Basilica of St. Mary Funds, Minneapolis St. Agnes Investment Fund, St. Paul St. Mary Funds, Sleepy Eye Foundation (CCF) to manage Blessed Sacrament Reserve Fund, St. Paul St. Albert Funds, Albertville St. Mary of The Lake Endowment Fund, White Bear Lake much to grant and when. Donor Blessed Trinity Catholic School Endowment Fund, Richfield St. Albert the Great Parish Fund, Minneapolis St. Mathias Cemetery Fund, Hampton charitable assets. Always C Cathedral of St. Paul Funds, St. Paul St. Aloysius Agency Fund, Olivia St. Maximilian Kolbe Funds, Delano designated funds can be used if you Catholic Cemeteries Funds St. Alphonsus Long-Term Investment Fund, Brooklyn Center St. Michael Funds, Farmington taking into account the Catholic Charities of St. Paul and Minneapolis Funds St. Anastasia New Office Space Fund, Hutchinson St. Michael Cemetery Fund, Prior Lake want to make a qualified charitable Catholic Senior Services Investment Fund St. Andrew Kim Agency Fund, St. Paul St. Michael Jeanett R. and Lawrence F. Klein 20 Year Term appropriate amount of risk, Center for Mission Fund, St. Paul St. Anne Fund, Hamel Fund, Stillwater distribution (QCD) from your IRA. Corpus Christi Fund, Roseville St. Anne’s Educational Foundation Funds, Minneapolis St. Michael Funds, St. Michael CCF’s portfolio balances the D Diocese of New Ulm Fr. John Joyce Education Funds St. Anne-St. Joseph Hien Fund, Minneapolis St. Nicholas Funds, Carver F Friends of San Lucas Long-Term Reserve Fund, Eagan St. Anthony Perpetual Care Fund, Watkins St. Nicholas Fund, New Market Bolded fund names indicate funds objectives of investing in G Gichitwaa Kateri Catholic Church Agency Fund, Minneapolis St. Bernard School Fund, Cologne St. Patrick Funds, Edina Guardian Angels Funds, Oakdale St. Bridget of Sweden Reserve Fund, Lindstrom St. Patrick of Cedar Lake Agency Fund, Jordan established in fiscal year 2020. a faith-consistent manner H Highland Catholic School Funds, St. Paul St. Cecilia Reserve Fund, St. Paul St. Patrick Funds, Oak Grove Hill-Murray School Tyler Family Tuition Fund, Maplewood St. Charles Borromeo Evangelization Endowment Fund, St. Anthony St. Patrick Long Term Investment Fund, St. Paul while attempting to maximize Holy Childhood Funds, St. Paul St. Clara Agency Fund, Clara City St. Paul Church Fr. Tim Nolan Vocation Endowment Fund, Holy Family Academy Endowment Fund, St. Louis Park St. Columba Funds, St. Paul Ham Lake financial return over time. Holy Family Catholic High School Endowment Fund, Victoria St. Dominic Funds, Northfield St. Paul Seminary Investment Fund, St. Paul Holy Name Funds, Minneapolis St. Edward Fund, Bloomington St. Paul’s Outreach Funds, West St. Paul Holy Name of Jesus Funds, Wayzata St. Elizabeth Ann Seton Parish Cemetery Fund, Hastings St. Peter Parish Endowment Fund, Forest Lake Holy Redeemer Agency Fund, Renville St. Francis Cabrini Sally Jernberg Memorial Fund, Minneapolis St. Peter Cemetery Care Operating Fund, North St. Paul Holy Rosary Catholic Church Capital Improvements St. Francis de Sales Funds, St. Paul St. Peter Funds, Richfield Fund, Minneapolis St. Francis - St. James School Funds, St. Paul St. Peter Funds, St. Peter Holy Spirit Funds, St. Paul St. Genevieve Capital Fund, Centerville St. Peter Claver Funds, St. Paul I Immaculate Heart of Mary - St. Luke School Funds, St. Paul St. George Funds, Long Lake St. Raphael Funds, Crystal Gifts to Support Our Mission L League of Catholic Women Funds, Minneapolis St. Joan of Arc Fund, Minneapolis St. Rita Fund, Cottage Grove Lumen Christi Funds, St. Paul St. John Investment Funds, Hector St. Rose of Lima Funds, Roseville Although we don’t ask, we are grateful for these donors who M Marquette School Endowment Fund, Virginia St. John the Baptist Funds, Excelsior St. Stephen Catholic Church Fund, Minneapolis Mary, Mother of the Church Fund, Burnsville St. John the Baptist Funds, Hugo St. Thomas the Apostle Endowment Fund, Corcoran have generously given gifts in support of our mission and Mary Queen of Peace Funds, Rogers St. John the Baptist Funds, Jordan St. Thomas Aquinas Funds, St. Paul Park Maternity of Mary/St. Andrew Catholic School Investment Fund, St. John the Baptist Funds, New Brighton St. Thomas More Catholic Community Fund, St. Paul outreach to the community this year. St. Paul St. John the Baptist Funds, Savage St. Timothy Funds, Maple Lake Most Holy Redeemer School Endowment Fund, Montgomery St. John the Evangelist School Endowment Fund, Duluth St. Vincent de Paul Funds, Brooklyn Park Most Holy Trinity Fund, Veseli St. John the Evangelist Funds, Little Canada St. Wenceslaus Funds, New Prague N Nativity of the Blessed Virgin Mary Fund, Bloomington St. John Vianney Seminary Investment Fund, St. Paul John and Kim Arens Premier Banks Nativity of Our Lord Endowment Trust Funds, St. Paul St. Joseph of the Lakes Cemetery Fund, Lino Lakes Dr. R. Michael and Sharon Bowen Donald and Jean Regan † NET Ministries - Long-Term Reserve Fund, West St. Paul St. Joseph Parish Fund, Montevideo Thomas Gainor and Jan Nolan Gainor Kent and Muriel Roessler O Our Lady of Grace Funds, Edina St. Joseph Calvary Cemetery Perpetual Care Endowment Fund, Leon and Carolyn Halbur Schulze Family Foundation Our Lady of the Lake School Fundraising Campaign 2013 Red Wing Colleen Hartmon-Bollom Stephen and Claudia Sefton Fund, Mound St. Joseph Funds, Waconia Dr. Joseph and Paulette McGrath Rev. Leonard Siebenaler Our Lady of Peace Operating Reserve Fund, Minneapolis St. Joseph Funds, West St. Paul Our Lady of Victory Long Term Investment Fund, Minneapolis St. Jude of the Lake Major Repair and Maintenance Fund, Mahtomedi Daniel and Heidi McKeown St. Paul and Minnesota Foundation

30 31 Our Board of Directors

Kathy Cooney — Treasurer Elizabeth J. Keyes, J.D. Anne Cullen Miller, MBA, ex officio Retired Executive Vice President and Retired Vice President, US Bank President, Catholic Communty Foundation Chief Administrative Officer, of Minnesota HealthPartners JJ Kirby Senior Director of Investment Research, Envoi, LLC. Doug Milroy Our Staff Bill Faulkner Former Chairman and CEO of G&K Services, Inc. Managing Principal, Talmont Holdings Emery Koenig Anne Cullen Miller, MBA Chris Hagen Retired Vice Chairman and Chief Risk Officer, Marie C. Pillai President Staff Accountant & Mike Felmlee Cargill, Inc. Retired Vice President, Chief Investment Officer, Grants Program Associate Chief Executive Officer, Prouty Project and Treasurer, General Mills Christopher D. Nelson, J.D. Very Reverend Charles V. Lachowitzer, Vice President of Development & Brenda Murphy, M.A. Frank Forsberg ex officio Nancy Utoft Donor Engagement Database & Prospect Research Analyst Consultant, Education Policy Vicar General and Moderator of the Curia, Retired Executive Director, Archdiocese of Saint Paul and Minneapolis Abria Pregnancy Resources Meg Payne Nelson Michael A. Ricci Jr., CFP®, CAP® Jackie Gibney Vice President of Impact Director of Professional Outreach & President & Owner, Jacobs Marketing Steven Lentz, J.D. Kate Wenger, J.D. Investments General Counsel and Chief Compliance Officer, Community Volunteer Casey J. Scott, MBA, CPA (inactive) Julie M. Gerend Okabena Investment Services Vice President of Finance & Administration Bethel Ruest, MBA Adjunct Professor of Finance, Opus College of Jane Wyatt Senior Philanthropic Advisor Business at the University of St. Thomas Marjorie Mathison Hance Retired Vice President and Client Portfolio Manager, Becky Abbott Retired Vice President for External Relations, Securian Asset Management Fund Accounting Manager Linda Sauber Jeff Hawkins St. Catherine University Assistant Controller Retired President and COO, Anchor Bank Minnesota Darcy Broerman Thomas H. McCarr, J.D. — Vice Chairperson Community Members Serving Executive Assistant Brianna Thompson Most Reverend Bernard A. Hebda Tax Partner, PwC on Board Committees Communications & Events Manager Chairperson, ex officio Lori DiVito Archbishop of Saint Paul and Minneapolis Larry McGough Tim Benz Administrative Assistant of Investments Jules Vierling Retired Chairman, McGough Companies John Beuerlein Grants Manager David Heinsch Scott Billeadeu Lisa Haemmerle, M.A. Senior Vice President, The Corporate Advisory Greg Melsen — Secretary John Mauriel Office Manager/Development Coordinator Group of Padilla Retired CFO Gloria Myre Kate Seng Julie K. Hurley — Most Recent Past Vice Chair Tom Mertens, ex officio President, Preferred Management Services, Inc. CFO, Archdiocese of Saint Paul and Minneapolis Roger Vasko

All efforts have been made to ensure the accuracy of information contained within this annual report. We have used abbreviations consistently within all lists to Listings reflect board membership and staff employment at the time of annual report publication in winter 2021. improve readability. If you notice an error or omission, please call 651.389.0300.

32 33 Catholic Community FOUNDATION OF MINNESOTA

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