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Catholic Legacy Be? WHAT WILL YOUR Catholic Legacy Be? COMMUNITY REPORT 2018 MICHAEL P. MCMILLAN SCHOLARSHIP ENDOWMENT FUND Mission Michael McMillan, President & CEO of the Urban League of Metropolitan St. Louis, rang the Roman Catholic Foundation “Celebration Bell” to mark the establishment INSPIRING giving AND CONNECTING DONORS TO CATHOLIC of the Michael P. McMillan Scholarship Endowment Fund, which will provide scholarships in perpetuity to students MINISTRIES, sustaining THE LOCAL CHURCH FOR attending McMillan’s alma mater, Bishop DuBourg High School in St. Louis. Scholarships are awarded based on future GENERATIONS. students’ community service, leadership and academic achievement, with preference given to African American, Hispanic, Biracial or Native American students. For a full list of funds, please visit rcfstl.org/fund Plan with heart. Invest for good. COMMUNITY REPORT 2018 | 1 “ A SERVICE TO OUR CATHOLIC COMMUNITY ROGER AND THE CONVERSATION: Far exceeded my expectations. Terrific speakers; A Catholic Perspective on End-of-Life Issues LINDA JACQUES very helpful and timely. Incarnate Word parishioners TOM KOPINSKI | Immaculate Conception When you understand Church teaching on the issues that surround the end of life, you can (Dardenne“ Prairie) parishioner develop plans that will ensure your final wishes are followed and be of tremendous help to your family. “ If you’re a believing Catholic, you want to [plan A good ‘checklist’ of potential overlooked items. The Conversation: A Catholic Perspective on End-of-Life Issues is a free seminar that provides St. Joseph for the end of life] according to Church norms. GEORGE LINDH | Catholics of all ages and life situations with the tools they need to give the gift of planning to (Manchester) parishioner That was our main concern, what does the their families. At The Conversation, you will have the chance to learn and ask questions about Church teach with regard to end-of-life issues? Church teaching in the areas Catholics need to consider as they plan for the end of life. Very well organized, well presented information The Conversation gave us the tools we needed that every person should hear. TOPICS INCLUDE: in order to follow through on that.There’s a JUDY NEARY | St. Clare of Assisi parishioner plethora of information. Everybody needs to • Principles of Catholic Bioethics, know about this.” Presented by a Priest Theologian - Ordinary & Extraordinary Means of Preserving Life Roger Jacques first attended The Conversation in West - Quality of Life & the Dignity of the Human Person County and found it so helpful that he again attended a few months later in South City with his wife, Linda. The Jacques • Advance Directives & Estate Planning, were pleased with the information provided at the seminar Presented by a Catholic Estate Attorney and were especially glad to learn they could leave their own Catholic legacy with a planned gift. • Charitable Legacy Planning, Presented by a Roman Catholic Foundation Representative ” • Funeral & Cemetery Planning, To see the Jacques tell their story, visit rcfstl.org/jacques Presented by a Priest or Deacon - Pastoral Care for the Sick & Dying - Anatomical Donation & Cremation To register for an upcoming seminar, visit rcfstl.org/the-conversation 2 | COMMUNITY REPORT 2018 COMMUNITY REPORT 2018 | 3 “ OLIC F TH OU A N C D N A A T LEGACY CIRCLE I O M FOUNDING MEMBERS N O As of December 2018 R Anonymous (24) Robert and Nancy Macher LEONARD AND David and Sharon Baranowski Michael McMillan L Kevin and Betty Beckman Nancy Mueller E E G CL Reverend Monsignor Francis Joan O’Reilly* ACY CIR HELEN KNOBBE Blood Matt Padberg Seven Holy Founders parishioners John Capellupo Kathleen Palumbo NEW! LEGACY CIRCLE Michael and Carol Conoyer Raymond Piontek Established in 2018, the Roman Catholic Foundation Legacy Circle recognizes devoted Michael and Brenda John and Nell Pollnow Dempsey Catholics who have committed to providing for the future of our local Church with a “ I think it’s a win-win situation for everybody. The Brian Abel Ragen Kathleen Donnelly* planned gift. Members receive special recognition and are invited to attend the annual Foundation is going to be here in perpetuity, John Riat Reverend Monsignor Legacy Circle Mass and Breakfast with the Archbishop of St. Louis. but I’m limited, so that’s a big advantage.” Norbert Ernst Mary Riegel Mary Farri Darryl and Ellen Ross Len Knobbe created a Charitable Gift Annuity that will What will your Catholic legacy be? Con Franey and Stephanie Re Don and Nancy Ross provide him with income for life and support the Washington To plan your Catholic legacy, please contact our gift planning experts at 314.918.2890 Ralph and Vikki Glosemeyer Mike and Donna Roth University Catholic Student Center Endowment Fund after his or [email protected]. Learn more at rcfstl.org/legacy-circle. Jerel and Mary Grimaud Reverend Ronald lifetime. Rubbelke David and Sarah Gulick Lynn Ryan Frank* and Christine Guyol Douglas and Molly Sansone WHAT IS A PLANNED GIFT? Mark and Joan Guyol To see the Knobbes tell their story, visit Timothy and Susan Sansone A planned gift is a gift to charity, given now or upon death, as part of a financial or estate rcfstl.org/knobbe William and Ruth Hamilton George Schroeder plan, typically funded with assets rather than income. Mark Hanneke Kevin Short Michael Heck David and Diane Snively Stephen Henderson LOW RISK THE TIME David and Gayle Stratmann BIG IMPACT Reverend John Jay Hughes Planned gifts are typically Timothy and Janice Surdyke IS NOW Michael and Barbara Hurst Donald Szwabo 80% St. Louis Households Roger and Linda Jacques of planned gifts are 200-300x Steve and Donna Thielker will transfer larger than a donor’s Reverend John Keenoy bequests, which cost largest annual gift to a Deacon Richard and donors nothing during John and Marilyn Kluesner Carolyn Vehige $532 billion charitable organization their lifetimes in assets between 2001 Leonard and Helen Knobbe Reverend Harold Voelker and 2055; As much as Norman Koelling Patricia Williams Reverend Robert Lane Leonard Woker billion Joseph and Joan Lipic $93 *Deceased will be transferred to charities Source: National Association of Charitable Gift Planners Source: Gateway to Giving Coalition Source: plannedgiving.com 4 | COMMUNITY REPORT 2018 COMMUNITY REPORT 2018 | 5 Beyond Sunday, led by the Roman Catholic Foundation, raised $110 MILLION to transform Catholic education in the Archdiocese of St. Louis (60% of funds raised) $57.2 Million and invest in local parish communities (40% of funds raised). IMPACT As of December 2018 12% 11% Education Endowment/Savings $25.5 Million Distributed to 54% 11% Parishes Building Improvements Campus Improvements $5.5 Million Awarded in 40% FOR PARISH COMMUNITIES Scholarships Individual parishes determined how their share would address local needs. 2018 BEYOND SUNDAY SCHOOL GRANT RECIPIENT: $1.8 Million 60% FOR CATHOLIC St. Joseph School in Imperial (in collaboration with other area schools) * Cultivating Minds and Super School Communities by Creating Innovative Awarded in School STREAM labs Grants EDUCATION A $100,000 Beyond Sunday grant funded St. Joseph School’s new makerspace $24.4 Million Beyond Sunday scholarships totaling $1.8 million and school lab and robotics program. With these improvements, students are learning to Endowed for Catholic grants totaling $751 thousand were awarded in 2018. To see work together to solve problems and developing analytical, critical thinking 5% 2% Education and leadership skills, all while becoming technologically adept to succeed in a Social Services & Operating Expenses details of scholarships and all Beyond Sunday school grants to modern world. Because Cultivating Minds was a partnership between several Evangelization Region 6 Catholic schools and the Clavius Project at St. Louis University High 3% 2% THANK date, please visit rcfstl.org/scholarships-and-grants. Debt Reduction Technology YOU! School, students throughout the southern areas of our archdiocese—not just those attending St. Joseph School—are benefiting from the grant. *less campaign expenses *Percentages based on projects as listed in Beyond 6 | COMMUNITY REPORT 2018 Sunday parish case statements COMMUNITY REPORT 2018 | 7 TOTAL FUNDS AND SNAPSHOT 2018 129 OTHER PLANNED GIFTS Charitable Gift Annuities Social Services $621,290 $104,748 Charitable Remainder Trust 66 ENDOWMENT FUNDS $1,062,030 Vocations Charitable Gift Annuities - Agency Donor-Advised Funds $30,151 $58,904 $2,687,721 $36,065,793 Education ASSETS UNDER MANAGEMENT Long-Term Funds $3,603,126 $2,998,378 9 LONG-TERM FUNDS GRANTS & ASSETS UNDER DISTRIBUTIONS BY Endowment Funds MANAGEMENT $4,036,456 IMPACT AREA 18 DONOR-ADVISED FUNDS $36,065,793 FUND TYPES 50 $14,289,071 NEW FUNDS AND OTHER Parish Life Beyond Sunday Education $10,551,046 PLANNED GIFTS Endowment Fund 13 CHARITABLE GIFT ANNUITIES $24,601,014 2 CHARITABLE REMAINDER TRUSTS $14,289,071 T GRANTS AND DISTRIBUTIONS EN 21 TESTAMENTARY GIFT INTENTIONS General and Administrative P S $375,244 IS Y E N O Fundraising M TOTAL FUNDS & OTHER PLANNED GIFTS 82.4% E SUPPORTS PROGRAM, $551,898 H T INCLUDING SCHOLARSHIPS, 2018 129 W GRANTS AND PLANNED O 371 H GIVING EDUCATION BENEFITING ORGANIZATIONS 2017 79 FUNCTIONAL EXPENSES 2016 45 $5,271,808 2015 18 Programs $4,344,666 2014 5 8 | COMMUNITY REPORT 2018 COMMUNITY REPORT 2018 | 9 STATEMENT OF FINANCIAL POSITION STATEMENT OF ACTIVITIES As of December 31 For the years ending December 31 2018 2017 2018 2017 REVENUE YOU HAVE A PASSION ASSETS Total Contributions, including
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