2015 Financial Report

THANK* Recognizes giving based on cashYOU received from JulyTO 1, 2014 throughOUR June 30, 2015 2014-2015 DONORS

FAITH CIRCLE David & Libby Chernow Slocum Sts. Peter & Paul Catholic Church $100,000 or more Tony & Mary Beth Church Jeff Smith Edna Sullivan A Archdiocese of Denver Patricia Cisle Jennifer Smith Karna Swanson Children’s Scholarship Fund Citywide Banks of Colorado Kevin & Patricia Staab Greg & Jodi Thomas Daniels Fund Bill & Susan Coleman Kent & Elizabeth Stemper Thomas C. Ullrich Estate of Walter Imhoff Colorado Party Rentals Martha Diss Sundby Jon & Judy Weisiger Saeman Family Foundation Colorado Gives Michael & Kathleen Sutherland Western Union Foundation N Comcast Terrance Tschatschula & Kelly Owens Laura Zapapas CHARITY CIRCLE Anita Connors Honor Ulveling $20,000 to $99,999 Jack & Lisa Corrigan UMB Bank PRUDENCE CIRCLE The Anschutz Foundation Peter & Roseann Cronan US Bank $250 TO $499 The Catholic Foundation Jim & Jackie Davis Mike Valenta Michael Benage SEEDS N The Denver Foundation Matthew Davis David & Kathleen VanBuskirk Jim Benemann Donahue Foundation Joseph & Anna DeSplinter Jeff & Tanya Watkins Pamela Benigno The Galena Foundation Inc. Navin & Rita Dimond Len & Catherine Wegner Scott & Teresa Binder Heider Family Foundation Derick & Wendy Dominguez Bill Weingartner John & Darilyn Bixenman OF Kevin & Jill Heringer John & Wilhelmina Dreier Michael & Janet Welch Gerald Bleser U Innovest Portfolio Solutions, LLC Eleanore Mullen Weckbaugh Foundation Wells Fargo Foundation Brown Palace Hotel Longmont Community Foundation Electric Equipment & Engineering Co. Wilderness Bond Brian & Julie Bunsness Martin Family Foundation Robert Enzaldo Willis of Colorado, Inc. Daniel & Patricia Carr and John & Mari Ann Martin David & Carolyn Fantz Randy & Wendy Wilson Cars for Charity A Nagel Foundation FirstBank Holding Company Patrick & Jean Wolach Bryan & Patricia Casey Priester Foundation Patricia Fitzgerald Keith & Sarah Woods The Catholic Foundation Alliance Temple Hoyne Buell Foundation Thomas & Kathlyn Flick Catherine Yen Kevin & Jean Cavanaugh HOPE Rich & Joanie Todd Bill Fortune Bob & Patti Zarlengo Michael & Victoria Chott Victor & Norma Frank ZTYL Foundation Comedy Works L HOPE CIRCLE Lester & Joan Garrison Vernon Zurick Matt & Mindy Dalton $10,000 to $19,999 GE Johnson Peter Davis Adolph Coors Foundation Kathleen Gill JUSTICE CIRCLE Laura Dennis Broadnet Lawrence & Sari Glass $500-$999 James & Mary Donovan Considine Scholars Foundation Reid & Courtney Godbolt Therese Beaudette Rose Fagan Dan & Annette Davis Thomas & Kari Goerke Michael & Ann Beermann Kevin Fattor Kevin & Mary Davis Michael Gorman Helen Boselli Anthony & Jonna Ficco Estate of James J. Egan Cathy Grieve Nick Burns Robert & Margaret Finan Encana Oil & Gas Inc. H5 Foundation John & Judith Case Gannett Foundation R Mike & Carleen Haselden Hamilton Family Foundation Walt & Ellyn Coughlin Mary Gold Charles & Mary Heider Family Foundation Kevin & Gina Harney Cutthroat Anglers Bridgette Grady Mike & Tricia Jansen John & Lisa Harpole CWT Inc. Jennifer Gremmert Bill & Brooke Leer Patrick & Lisa Hayes Matthew & Denise DeBartolomeis Dale Haller Pioneer Natural Resources Christopher & Laura Heath Denver Chophouse & Brewery David & Patty Halvorson E Joe & Becky Schmid Alan & Lynda Herring Very Rev. Randy Dollins, V.G. Lara Herron John & Terri Schuster Tom & Lisa Heule Robert & Julie Donohue Simeon & Mary Higgins Schwab Charitable Fund Kevin & Margaret Higgins Patrick & Roberta Dougherty Rob Hill Chris Weege Lt. Thomas Joseph Hill Paul & Penny Dwyer Joanne Horne Horan & McConaty Eidos Architects, PC Dorothy Horrell P COURAGE CIRCLE Dave & Marguerite Hunter Eric Eisinger Carol Huston $5,000 to $9,999 Robert & Paula Hurtubise Timothy & Katherine Farrell Mike & Patty Jo Johnson Anonymous Donors Aurelia Inkret Msgr. Thomas Fryar Don & Susan Kany Vince & Mary Jo Boryla David & Annette Jewell Kathy Gans Laurie Kelly George & Bona Brown William & Patricia Johnston James Gaston Tim & Terri Kershisnik O Catholic Charities Robert & Sonia Jotte Carolyn Gdowski Louis Krupp Terry & Fran Combs Kinney Oil Company Kelsey Green Chris Kuetemeyer Coughlin & Company Kohl’s Dan & Sarah Grey Phillip & Heidi Kyburz Frank & Patricia Crnkovich John & Laurie Kopel Guardian Angels Church Mark & Donna Lies R Ehrhardt Keefe Steiner & Hottman P.C. Irene Korpan Joanne C. Harvey Janis Marchitti El Pomar Foundation Krank Golf Kevin & Suzanne Hedican Ed & Marianne Marvez Stanley & Diana Ereckson Kroger Amy Hicks Patrick & Christine McCarthy Fidelity Charitable Kullgren Family Charitable Trust David & Judith Hicks Timothy & Mary Kate McCutcheon Randy & Kaye Hammond Bud & Alice Laber Lucy Higley Bryce McTavish T Bill & Maribeth Hanzlik Roy Ladewig David & Jane Holman Shelley Michas Allan & Diana Heinle Rick and Tess Langfield Steven & Susan Hyatt Michael & Stephanie Norman Hercules Industries, Inc. Bob & Elizabeth Lazzeri J.K Mullen High School David & Colleen O’Callaghan Kevin & Dianne Higgins Lewis Roca Rothgerber John & Charlotte Jackson Mark Pavlik Stephan Hodge Dorothy Light Bill & Sharon Keefe Terry & Caroline Peltes Jones & Keller, P.C. LMEPAC Charity Program John & Margaret Kelly Tim & Marilyn Pinnick JPMorgan Chase Steve D. Logan Casey & Katherine Korejwo Rev. Edward Poehlmann Margaret King Kelley Michael & Kathleen Lutito Kundinger, Corder & Engle P.C. Mary Ann Raynor Lloyd & Eleanor King Foundation Patrick & Peggy Maloney Bill Lucas David & Cory Reza Louis & Dorothy Meister Foundation Joe Marr Robert Lyions Rivers Enterprises Craig & Mary Morroni Don & Chris Matchett Matthew & Ruby Lynett Deb Roberts Richard Morroni Natalie Mesko Brad & Laura Maddock Hugh Roberts Most Precious Blood Church Scott & Kathy Middleton Charlie & Susan Maguire Father Jerry Rohr Andrew & Lori Newland Jon & Kelly Millen James & Diane Makowski Kathryn Ryan Thomas P. Owen Timothy & Therese Miller Steve & Nancy Markel Louis & Carol Ann Sass Schmitz Family Foundation Reed & Beth Mittelstaedt John and Colleen Maxfield Marianne Sasso Security Service Federal Credit Union Gerri Morahan Dean & Annie McBournie Joel & Barbara Sauer St. Thomas More Parish & School Thomas Morroni Richard & Peggy McClintock Maria Schmidt Paul & Michelle Stevinson Mother of God Catholic Church Christopher & Collette McConnell Jeff & Marcie Schmitz Vanguard Charitable Lois Anne Nadorff McNeil Designer Portraits Jim Schuster John & Mary Zimmerman Christopher & Mary Nightengale Rene & Nancy Mejia Theresa Shelton Ronald & Deborah O’Dwyer Carolyn Miller Kristin Shimanek Temperance Circle Ogletree Deakins Nash Karen Morroni John H. Shunk $1,000 to $4,999 Smoak & Stewart Jack & Betty Natterman Zach Smith Scott Ansel Brent & Gina Osland Bill Newland Michael & Kate Snow Arthur J. Gallagher & Co. Dominic & Ellen Palazzo John Newland Katherine Stern Raymond & Frances Baker Mike Parrish Paul Newland Ann Stolfa Mary Bartek Sam & Becky Perry Ken & Larae Onorato Joseph & Eileen Talty Steve & Marnie Bell Peter & Brenda Plowshay Bobby & Carol Otte Tony & Mary Fran Tharp Joe & Kathy Benetka David & Victoria Puchi Bruce & Barbara Peterka David Urban Edwin & Kathleen Bernau Jay Reano Mike & Paula Petrites Ed & Laurie Vieira Leo & Michele Beserra Records-Johnston Family Foundation Ted & Mary Rains Christine Marie Villarreal LaFawn Biddle Regis University Paul & Patty Reilly Marion S. Visser The mission of Seeds of Hope is to 2 2 Raymond & Joan Bonanno James & Arleen Ryan Robert & Judith Sassetti Brian & Andrea Walsh Suzan Boyd Craig & Shelly Saeman Paul & Julia Scheele Tim & Jenny Walsh make the tremendous benefit of Mike & Ann Braun Randy Savona Lucille Scheitler Gail Wilson 0 0 Brian & Katy Brown Stephen & Beth Scannell Tim & Carrie Schmitt Gina Wilson Catholic education available to / Mary Anne Buczyna Steve & Vikki Scharnhorst Mark & Mary Beth Schumacher Paul & Barbara Winkler 1 1 Marc & Dawn Butler The Schmitz Family - Oktoberfest Marty & Debbie Schuster John & Sherri Wirth economically disadvantaged students Capital Group Rick & Susan Schmitz Alex & Anne Slucky Jean Woytek Dan & Aimee Sporer Caplis Robert & Linda Schwall Jeff & Monique Stemper Paul & Marleen Zakovich concentrated in the inner city of Denver. 4 5 Catholic Mutual Group Dan & Adair Sheahan Steve & Cathy Stemper SEEDS OF HOPE 3801 E. Florida Ave., #909 THE YEAR IN REVIEW FACTS AND FIGURES FOR 2014-15 Denver, CO 80210 303.715.3127 AT SEEDS OF HOPE: [email protected] 950 $1.5 $4,090 $1,300 v Papal expert George Weigel gave the keynote address at the 2014 Students Served Average Tuition Average seedsofhopedenver.org Evening of Hope gala in November. Weigel spoke on the importance per Child Scholarship Amount of Catholic schools in inner-city communities. Seeds of Hope’s core mission Million Total Money Granted rang through in his parting words of “Whatever we do for the least of His brethren, whatever we do for the little ones, we do for Him.” Also at the gala, Tom and Lisa Heule were awarded the prestigious Sr. Lavonne Award for extraordinary service to our inner-city schools. 55% 30% Students Receiving Seeds of Hope Tuition Empy Seats in OPERATING Seeds of Hope Schools v As of January 1, Seeds of Hope, along with seven other Catholic ministries, Assistance within Seeds of Hope Schools BOARD OF TRUSTEES is now part of the new nonprofit The Catholic Foundation Alliance (Alliance). AS OF 6/30/15 Functioning under the umbrella of The Catholic Foundation, the Alliance is

their student(s) at their schools for a special lunch visit. While donors FY2015 regularly receive mailed updates on their students, these lunches offered Liabilities & Net Assets: Dominic Palazzo, Treasurer a unique opportunity for the donors and recipients to get to know each Total Liabilities $ 15,236 $ 84,494

other in person. These generous donors cover a significant portion of a Net Assets: John Zimmerman, Chair student’s tuition throughout the school year. Unrestricted 2,339,553 1,995,571 Restricted 8,525,490 8,686,706 Total Net Assets 10,865,043 10,682,277 Supporting SupportingSupporting Services Services Natalie Mesko, Executive Director IN OUR SCHOOLS: Services21%21% 21% Total Liabilities & Net Assets $ 10,880,279 $ 10,766,771 v Three of the Seeds of Hope schools were upgraded with some Mary Davis state-of-the-art technology in 2015. More than 540 iPads were deployed to all Pre-K through 8th grade students at St. Rose of Lima, Guardian Angels, Statements of Activities and Assumption schools thanks to a partnership with the JDO Foundation. ExpensesExpenses ProgramProgram Activity Activity As of June 30, Maribeth Hanzlik ExpensesExpenses 2015 2014 79%79%79% v Over the last five years, St. Rose of Lima and Annunciation Catholic Schools FY2015FY2015 Support and Revenue: have partnered with Expeditionary Learning, a program which encourages Gifts and grants, net $ 1,453,902 $ 894,474 Kevin Kijewski Special events, net 516,297 420,153 excellence in academics through special training and in-depth, long-term Parish assessments 269,318 260,957 projects or “Expeditions.” The Expeditions presented included everything Total Support & Revenue 2,239,517 1,575,584 Brent Osland from water quality studies to landscaping to the liturgical calendar. Expenses v Kevin Kijewski began as the superintendent of Catholic schools in June 2015. Grants to schools and students 1,435,950 1,323,693 Keith Parsons He replaced Richard Thompson who retired in February after 14 years with ContributionsContributions Grant making expenses 164,224 132,397 receivablereceivable Total Program Expenses 1,600,174 1,456,090 the Archdiocese of Denver. Kijewski hails most recently from the 4%4%

Investment (Loss) Income (35,301) 1,008,313 62% 67% of all eighth graders at Seeds of Hope schools of all eighth grade Seeds of Hope recipients Increase in Net Assets $ 182,766 $ 796,383 planned to attend Catholic high schools planned to attend Catholic high schools SEEDS OF HOPE 3801 E. Florida Ave., #909 THE YEAR IN REVIEW FACTS AND FIGURES FOR 2014-15 Denver, CO 80210 303.715.3127 AT SEEDS OF HOPE: [email protected] 950 $1.5 $4,090 $1,300 v Papal expert George Weigel gave the keynote address at the 2014 Students Served Average Tuition Average seedsofhopedenver.org Evening of Hope gala in November. Weigel spoke on the importance per Child Scholarship Amount of Catholic schools in inner-city communities. Seeds of Hope’s core mission Million Total Money Granted rang through in his parting words of “Whatever we do for the least of His brethren, whatever we do for the little ones, we do for Him.” Also at the gala, Tom and Lisa Heule were awarded the prestigious Sr. Lavonne Award for extraordinary service to our inner-city schools. 55% 30% Students Receiving Seeds of Hope Tuition Empy Seats in OPERATING Seeds of Hope Schools v As of January 1, Seeds of Hope, along with seven other Catholic ministries, Assistance within Seeds of Hope Schools BOARD OF TRUSTEES is now part of the new nonprofit The Catholic Foundation Alliance (Alliance). AS OF 6/30/15 Functioning under the umbrella of The Catholic Foundation, the Alliance is

a consolidated effort of resources and people to serve our Archdiocesan ParishParish assessmentsAssessments Statements of Financial Position Most Rev. Samuel J. Aquila, S.T.L. ministries in a more efficient and strategic manner. The full Seeds of Hope 12%12% As of June 30, staff, along with development, marketing, and event personnel from the 2015 2014 other ministries, are now working under the new model as one team. Assets: Cash and cash equivalents $ 2,374,145 $ 2,077,643 Very Rev. Randy Dollins, V.G. Our offices have moved just a few blocks away, and the Board, leadership Contributions receivable 438,734 273,222 and mission of Seeds of Hope remain the same. Investments 7,999,062 8,370,293 Support Gifts and grants, SpecialSpecial events,Events, netnet Gifts and Grants, and net Other assets, net 68,338 45,613 Annie McBournie, Secretary v 2323% % In March, Adopt-A-Student donors had the opportunity to spend time with Revenue 65%65% Total Assets $ 10,880,279 $ 10,766,771 their student(s) at their schools for a special lunch visit. While donors FY2015 regularly receive mailed updates on their students, these lunches offered Liabilities & Net Assets: Dominic Palazzo, Treasurer a unique opportunity for the donors and recipients to get to know each Total Liabilities $ 15,236 $ 84,494 other in person. These generous donors cover a significant portion of a Net Assets: John Zimmerman, Chair student’s tuition throughout the school year. Unrestricted 2,339,553 1,995,571 Restricted 8,525,490 8,686,706 Total Net Assets 10,865,043 10,682,277 SupportingSupporting Services Services Natalie Mesko, Executive Director IN OUR SCHOOLS: Services21%21% 21% Total Liabilities & Net Assets $ 10,880,279 $ 10,766,771 v Three of the Seeds of Hope schools were upgraded with some Mary Davis state-of-the-art technology in 2015. More than 540 iPads were deployed to all Pre-K through 8th grade students at St. Rose of Lima, Guardian Angels, Statements of Activities and Assumption schools thanks to a partnership with the JDO Foundation. ExpensesExpenses ProgramProgram Activity Activity As of June 30, Maribeth Hanzlik ExpensesExpenses 2015 2014 79%79%79% v Over the last five years, St. Rose of Lima and Annunciation Catholic Schools FY2015FY2015 Support and Revenue: have partnered with Expeditionary Learning, a program which encourages Gifts and grants, net $ 1,453,902 $ 894,474 Kevin Kijewski Special events, net 516,297 420,153 excellence in academics through special training and in-depth, long-term Parish assessments 269,318 260,957 projects or “Expeditions.” The Expeditions presented included everything Total Support & Revenue 2,239,517 1,575,584 Brent Osland from water quality studies to landscaping to the liturgical calendar. Expenses v Kevin Kijewski began as the superintendent of Catholic schools in June 2015. Grants to schools and students 1,435,950 1,323,693 Keith Parsons He replaced Richard Thompson who retired in February after 14 years with ContributionsContributions Grant making expenses 164,224 132,397 receivablereceivable Total Program Expenses 1,600,174 1,456,090 the Archdiocese of Denver. Kijewski hails most recently from the 4%4%

Archdiocese of Philadelphia where he served as an associate superintendent CashCash andand cashcash Supporting Services of secondary schools. “We can do things in a brand new way,” he said. “We equivalentsequivalents Management and general 179,100 130,284 22% have to expect a culture of growth.” Innovation, growth and leadership will 22% Development and fundraising 242,176 201,140 be the three levers of his tenure. Total Supporting Services 421,276 331,424 Assets Total Expenses 2,021,450 1,787,514 InvestmentsInvestments 74%74% Income (Loss) from operations 218,067 (211,930) Based on a survey of exiting eighth graders in May 2015 FY2015 before investment return 62% 67% Investment (Loss) Income (35,301) 1,008,313 of all eighth graders at Seeds of Hope schools of all eighth grade Seeds of Hope recipients Increase in Net Assets $ 182,766 $ 796,383 planned to attend Catholic high schools planned to attend Catholic high schools THANK* Recognizes giving based on cashYOU received from JulyTO 1, 2014 throughOUR June 30, 2015 2014-2015 DONORS