BUILDING ON SUCCESS CATHOLIC COMMUNITY FOUNDATION ANNUAL REPORT FOR FISCAL YEAR 2014 July 1, 2013 - June 30, 2014
1 Dear Friends,
It is my privilege to present you with the Catholic Community Foundation’s Annual Report for Fiscal Year 2014. I am pleased to report that the Catholic Community Foundation has continued to build upon OVERVIEW earlier successes, increasing its assets held under management to nearly $47 million and adding seven Welcome from Foundation President 1 new funds to the Foundation’s portfolio.
The Foundation’s robust growth stems in great part from two factors: the Archdiocese of Baltimore’s Vision, Mission, Legacy 2 continued successful implementation of the Embracing Our Mission ~ Shaping Our Future capital campaign, and the quality and due diligence of the Foundation’s investment manager, Commonfund. The capital campaign continues to substantially FINANCIALS increase the Foundation’s assets, and Commonfund’s management helps Building on Success 3 ensure that our donors’ investments are realizing maximum returns.
The Catholic Community Foundation’s continued success is a blessing for our Investment Review 4 entire Archdiocese. The Foundation’s approach – reaching out to all Archdiocesan Performance Review 5 parishes, schools, and ministries – is holistic. It is incredibly rewarding to know that the Foundation is looking out for all members of our community: offering scholarships to Audited Financials 6 students in need; helping parishes to keep their food pantries stocked; or providing long-term medical care for our Clergy. Personally, I find great joy in being part of the Catholic Community Foundation because it helps me to fulfill what I see as the true meaning of being a Catholic – helping others. ENDOWMENTS
On behalf of all who are benefitting from their talent, time, and service, I would like to express my gratitude New Endowment Funds 9 to the Foundation’s Board of Trustees and Committee Members. It is a privilege to serve among you. I would also like to thank Patrick Madden, our Executive Director, and his team for their tremendous efforts Endowment Funds by Purpose 10 in helping to increase the Foundation’s assets through gifts to existing funds and in the establishment of Donor Advised Funds 22 new funds. Finally, I would like to thank Archbishop Lori. He has made the Foundation’s growth one of his highest priorities and consistently committed his leadership to this goal. Legacy League 23
We all play important roles in serving the Archdiocese of Baltimore. With your enduring support, the Catholic Community Foundation will continue to strengthen the parishes, schools, and ministries of our Archdiocese, helping to lift up all of the communities in which we live. ABOUT THE FOUNDATION Foundation Leadership 26
Contact Us 28
John H. Balch President, Catholic Community Foundation
1 VISION, MISSION, LEGACY
THE VISION To build a dynamic force of Catholic philanthropy within the Archdiocese of Baltimore by inviting major endowment gifts, bequests, charitable gift annuities, trusts, and other legacy gifts from the people of God served by the Church throughout their lives.
THE MISSION The Catholic Community Foundation exists to provide financial support to secure the future of parishes, schools, and ministries of the Archdiocese of Baltimore.
THE LEGACY Support for the Catholic Community Foundation provides long-term financial stability for Archdiocesan ministries and missions, leaving a legacy of love that will impact many lives for generations to come.
“The substantial growth of the Catholic Community Foundation is an incredible achievement, due to the great capacity of Catholics to be generous, to the robust network of relationships that exist among our Faithful, and to the farseeing vision of Cardinal William Keeler, who established the Foundation after realizing its potential for great good.”
MOST REVEREND WILLIAM E. LORI ARCHBISHOP OF BALTIMORE CHAIRMAN, CATHOLIC COMMUNITY FOUNDATION
The Catholic Community Foundation is a separately incorporated and controlled 501(c)(3) organization within the Archdiocese of Baltimore.
2 BUILDING ON SUCCESS
The last fiscal year was one of tremendous success for the Catholic Community Foundation, with the Foundation increasing its assets held under management to $46.75 million and realizing endowment Since inception, the Foundation returns of 15.18% throughout the fiscal year. portfolio’s return has been As of June 30, 2014, assets were at $46,749,987: 58.3% in equities (global), 17.6% in fixed income, 12.45% versus the policy 14.3% in alternatives, and 9.8% in real assets. Since inception, the Foundation portfolio’s return has benchmark of 11.83%. been 12.45% versus the policy benchmark of 11.83%.
The Catholic Community Foundation’s Investment Manager, Commonfund, is able to maximize Foundation performance due to the specialized knowledge that its Asset Managers bring to the allocation process. This positioning process involves creating a base-case scenario for global economic and market activity, applying probabilities to these scenarios, and determining signposts to confirm or challenge them.
In this section, we are pleased to present the Foundation’s Investment and Performance Review as of June 30, 2014 along with the Audited Financials for the fiscal years ending June 30, 2014 and June 30, 2013.
For questions about any of the information provided within this section, please contact Robert Barron, Senior Financial Analyst for the Foundation, at [email protected] or 410-547-5323.
3 INVESTMENT REVIEW
ACTUAL PORTFOLIO RECOMMENDED INVESTMENT POLICY ENDOWMENT MARKET VALUES
ANNUAL - 2012-2014 58.3% EQUITY 53.0% JUNE 2014 $46,749,987
JUNE 2013 $40,023,917 17.6% FIXED INCOME JUNE 2012 $33,641,744 15.0%
14.3% ALTERNATIVES 16.0%
9.8% REAL ASSETS 16.0%
0% 25% 50% 75%
US EQUITY 30.8% OPP STRATEGIES 2.6%
INTERNATIONAL EQUITY 19.4% LONG/SHORT HEDGE 6.6%
EMERGING MKTS EQUITY 7.0% RELATIVE VALUE HEDGE 7.7%
PRIVATE CAPITAL 1.0% TIPS 1.3%
LIQUIDITY CASH 5.4% COMMODITIES 2.2% 2.5% LIQUID 13.8% QUARTERLY CORE BONDS 7.1% NATURAL RESOURCES 4.1% 85.2% MONTHLY OR LESS GLOBAL BONDS 2.5% REAL ESTATE 2.2%
4 PERFORMANCE REVIEW
ANNUALIZED FOUNDATION POLICY TRADITIONAL CPI + CUMULATIVE PERFORMANCE (GROWTH OF $100) PERFORMANCE BENCHMARK1 BENCHMARK2 4% $225 1 YEAR 15.18 15.78 18.30 6.12 3 YEARS 8.68 9.58 12.72 5.91 $200 5 YEARS 11.78 12.40 14.38 6.06 INCEPTION 12.45 11.83 13.62 4.26 $175 Inception Date: 12/31/2008
$150
$125
ANNUALIZED RETURN Foundation $190.7 $100 1 15% Policy Benchmark $184.9 13.6% Traditional Benchmark2 $201.8 12.5% 11.8% $75 12% JAN 12 JUN 12 DEC 12 JUN 13 DEC 13 JUN 14
9%
1 6% POLICY BENCHMARK Jan-09 to Mar-12: S&P 65%, Barclays U.S. Agg 33%, 3-Month Tbill 2% Apr-12 to Current: MSCI ACWI 53%, Barclays U.S. Agg 15%, HFRI FoF Composite 16%, Barclays TIPS 3.2%, DJ-UBS Commodity 4.8%, NCREIF ODCE (Lagged) 4%, S&P Global LargeMidCap Commodity/Resource Index 4% 3% TRADITIONAL BENCHMARK2 Jan-09 to Mar-12: S&P 500 65%, Barclays U.S. Agg 35% Apr-12 to Current: S&P 500 70%, Barclays U.S Agg 30% 0% Foundation Policy Traditional Benchmark1 Benchmark2
5 AUDITED FINANCIALS STATEMENTS OF FINANCIAL POSITION JUNE 30, 2014 AND 2013
2014 2013 2014 2013
ASSETS LIABILITIES AND NET ASSETS
Cash $ 88,777 $ 275,164 Liabilities
Investments Accrued grant liabilities $ 2,266,167 $ 1,814,092
Unrestricted 6,654,352 5,950,201 Accrued expenses 326,774 33,614
Temporarily restricted 39,812,446 33,761,550 Agency funds and liabilities to related 274,627 241,272 entities Permanently restricted 74,199 67,200 Total liabilities 2,867,568 2,088,978 Total investments 46,540,997 39,778,951 Net assets Other assets 495,470 479,960 Unrestricted 6,830,498 6,314,230 Agency funds held for others 274,627 241,272 Temporarily restricted 41,210,020 37,405,011 Contributions receivable, net of 3,572,843 5,097,500 allowance and discount of $1,302,707 and Permanently restricted 64,628 64,628 $1,262,667 at June 30, 2014 and 2013, respectively Total net assets 48,105,146 43,783,869
Total assets $ 50,972,714 $ 45,872,847 Total liabilities and net assets $ 50,972,714 $ 45,872,847
6 AUDITED FINANCIALS STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS YEAR ENDED JUNE 30, 2014
TEMPORARILY PERMANENTLY UNRESTRICTED RESTRICTED RESTRICTED TOTAL
Revenue, gains and other support
Contributions $ 5,300 $ 366,935 $ - $ 372,235
Grant income - 185,000 - 185,000
Other income 1,959 13,551 - 15,510
Realized gains on investments 87,352 517,977 - 605,329
Unrealized gains on investments 791,227 4,655,599 - 5,446,826
Net assets released from restrictions 1,934,053 (1,934,053) - -
Total revenue, gains and other support 2,819,891 3,805,009 - 6,624,900
Expenses
Management fees 570,221 - - 570,221
Grant expense 1,733,402 - - 1,733,402
Total grants and expenses 2,303,623 - - 2,303,623
Changes in net assets 516,268 3,805,009 - 4,321,277
Net assets
Beginning of year 6,314,230 37,405,011 64,628 43,783,869
End of year $ 6,830,498 $ 41,210,020 $ 64,628 $ 48,105,146
7 AUDITED FINANCIALS STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS YEAR ENDED JUNE 30, 2013
TEMPORARILY PERMANENTLY UNRESTRICTED RESTRICTED RESTRICTED TOTAL
Revenue, gains and other support
Contributions $ 522,400 $ 3,627,568 $ 36,192 $ 4,186,160
Grant income - 157,908 - 157,908
Other income 2,005 15,157 - 17,162
Realized gain on investments 74,910 401,394 - 476,304
Unrealized gain on investments 520,177 2,661,157 - 3,181,334
Net assets released from restrictions 1,588,964 (1,587,500) (1,464) -
Total revenue, gains and other support 2,708,456 5,275,684 34,728 8,018,868
Expenses
Management fees 616,971 - - 616,971
Grant expense 1,246,169 - - 1,246,169
Total grants and expenses 1,863,140 - - 1,863,140
Changes in net assets 845,316 5,275,684 34,728 6,155,728
Net assets
Beginning of year 5,468,914 32,129,327 29,900 37,628,141
End of year $ 6,314,230 $ 37,405,011 $ 64,628 $ 43,783,869
8 NEW ENDOWMENT FUNDS
During Fiscal Year 2014, several new endowment funds were established within the Catholic Community Foundation with the intention of supporting our Archdiocese’s parishes, schools, Clergy, cemeteries, and ministries in perpetuity. Representing a variety of generous gifts, these funds were created predominantly through the Embracing Our Mission ~ Shaping Our Future capital campaign, planned estate gifts, and individual donor giving:
THE CORRIERE FAMILY ENDOWMENT FUND THE LINDA FANNON SCHOLARSHIP FUND OF With a commitment to assure the long-term care THE OUR LADY OF MT. CARMEL HIGH SCHOOL for our Clergy, this fund will provide financial ENDOWMENT FUND assistance to support our retired priests just as This fund is a component fund of Our Lady of they have cared for the people and parishes of Mt. Carmel High School’s Endowment Fund, our Archdiocese. established to provide tuition assistance
THE DENISE R. FITZGERALD ENDOWMENT FUND scholarships for students attending Our Lady of In helping to fulfill the mission of assisting those Mt. Carmel School. in need, the exclusive purpose of this fund is to THE MICHAEL AND JEAN MACDONALD offer financial support to My Sister’s Place, which ENDOWMENT FUND provides women of Baltimore City with daily meals With the goal of sustaining the future of Catholic and access to services such as case management, education, this fund will provide tuition assistance education, and job training. for students who demonstrate financial need that
THE DREW AND RISA HUDSON FAMILY FUND are attending Catholic schools in the Archdiocese FOR FAITH FORMATION of Baltimore. The religious education of our youth plays a THE TIMOTHY AND BARBARA RILEY FUND significant and vibrant role central to the well- This fund was established by Barbara Riley in being of our parishes and Archdiocese. This fund loving memory of her husband, Timothy, for the will provide financial assistance that will enable countless hours he dedicated to his parish and children to participate in faith formation lessons his firm belief that children develop character at St. Andrew by the Bay. and spirituality along with athletic abilities
THE HOLY ROSARY CEMETERY through organized sports. It supports the Athletic ENDOWMENT FUND Department at St. Michael, Poplar Springs. This fund will provide for the perpetual maintenance of the cemetery at Holy Rosary Parish.
9 ENDOWMENT FUNDS BY PURPOSE
9% ELIGIBLE DISTRIBUTIONS FOR 37 MINISTRIES FISCAL YEAR 2014 AND OUTREACH 6% PURPOSE FUNDS AMOUNT 26 CLERGY PARISHES 126 609,185.58 40% 174 PARISHES EDUCATION 140 887,501.25 3% CLERGY 20 111,733.92 14 CEMETERIES MINISTRIES & OUTREACH 31 198,697.91 430 CEMETERIES 12 49,986.76 TOTAL $1,857,105.42 ENDOWMENTS
42% 179 EDUCATION
$46,179,054 TOTAL
$10,140,885 $27,180,623 $2,752,082 PARISHES EDUCATION CLERGY $4,728,081 MINISTRIES AND OUTREACH $1,377,383 CEMETERIES
10 PARISH ENDOWMENT FUNDS
Of the 430 endowment funds currently held within the Catholic Community Foundation, 174 have been created to benefit 75 of the 153 parishes of the Archdiocese of Baltimore.
Although some of our parishes are fortunate to have individuals and families establish substantial endowments to advance their missions and ministries, other parishes, lacking in these resources, have been able to slowly grow their own funds. Pooling together smaller amounts of monies from many donors, these parishes have kept 40% apace their more advantaged counterparts in ensuring 174 OF 430 ENDOWMENTS that they remain strong and ready to face challenges awaiting future generations of their faithful.
Parish endowment funds are often allocated for the “general purpose” as determined by the Pastor, Pastoral Life Director, and/or a parish leadership team. These funds might enable the construction of new parish buildings, the maintenance of existing ones, or make possible necessary infrastructure upgrades such as new heating and cooling systems or wheelchair accessibility. # OF PARISHES WITH ENDOWMENTS 75 Some parish endowments, however, have been established TOTAL # OF with more specific purposes in mind. Support for PARISHES 153 memorial Masses and other liturgical rites, faith formation instruction for our youth and young adults, and a robust intramural athletic initiative are just a few of the purposes that donors have sought to specifically address with their $10,140,885 $46,179,054 endowments held within the Foundation. PARISHES TOTAL
11 PARISH FUNDS
CATHEDRAL OF MARY OUR QUEEN CHURCH OF THE RESURRECTION OUR LADY OF THE FIELDS The Cathedral of Mary Our Queen Windows of The Church of the Resurrection Preservation & The Our Lady of the Fields Catholic Education Endowment Fund Faith Endowment Maintenance Fund The Our Lady of the Fields Parish Endowment Fund The Church of the Resurrection School Endowment Fund CATHOLIC CHURCH OF GLEN BURNIE OUR LADY OF VICTORY The Catherine Mary Brown Memorial Fund CORPUS CHRISTI The Our Lady of Victory Parish Endowment Fund The Holy Trinity Catholic Education Endowment Fund Frank and Mary Kelley Family Memorial Endowment Fund The Holy Trinity Parish Endowment Fund The Corpus Christi Parish Endowment Fund SACRED HEART - GLYNDON The Eliza L. Jenkins Endowment Fund The Fenwick Family Charitable Fund* CATHOLIC COMMUNITY OF SOUTH BALTIMORE The Germaine and David Ricker Endowment Fund* The Catholic Community of South Baltimore HOLY FAMILY - MIDDLETOWN The Lloyd E. & M. Agatha Aiken Endowment Fund* Catholic Education The Deacon George and Dinah Sisson Endowment Fund The Sacred Heart Catholic Education Endowment Fund The Catholic Community of South Baltimore The Holy Family, Middletown Catholic Education Endowment Fund The Sacred Heart Parish Endowment Fund Ministry Endowment The Temple Smith Endowment Fund The Sr. Catherine Cress Endowment Fund for Pastoral Care HOLY FAMILY - RANDALLSTOWN The Wolff Family Endowment Fund The Holy Family Parish Endowment Fund SHRINE OF THE LITTLE FLOWER The Shrine of the Little Flower Catholic Education CHURCH OF THE ANNUNCIATION IMMACULATE HEART OF MARY Endowment Fund Church of the Annunciation Parish Endowment Fund The Immaculate Heart of Mary Parish Endowment Fund The Shrine of the Little Flower Parish Endowment Fund The Annunciation Endowment for Senior Care Ministry The Immaculate Heart of Mary Education Endowment Fund The Church of The Annunciation Catholic SHRINE OF THE SACRED HEART Education Endowment OUR LADY OF GRACE The Keelty Perpetual Fund The Donald & Naomi Steffe Endowment Fund The Spirit of Grace Endowment Fund The Our Lady of Grace Catholic Education Endowment ST. AGNES CHURCH OF THE ASCENSION The St. Agnes Parish Catholic Education Endowment Fund The Church of the Ascension Catholic Education OUR LADY OF MOUNT CARMEL MIDDLE RIVER The St. Agnes Parish Endowment Fund Endowment Fund The Our Lady of Mt Carmel Parish Endowment Fund The Church of the Ascension Parish Endowment Fund The Zeller Family Endowment Fund ST. ALPHONSUS The Stasiowski Family Endowment Fund The St. Alphonsus Catholic Education Endowment Fund OUR LADY OF MOUNT CARMEL - THURMONT The St. Alphonsus Parish Endowment Fund CHURCH OF THE HOLY SPIRIT The Our Lady of Mount Carmel, Thurmont Catholic The Church of the Holy Spirit Parish Endowment Fund Education Endowment Fund ST. ALPHONSUS RODRIGUEZ The Church of the Holy Spirit Catholic Education The St. Alphonsus Rodriguez Catholic Education Endowment Fund OUR LADY OF PERPETUAL HELP Endowment Fund The Reverend Joseph C. Simmons Endowment Fund The Joseph and Ann P. Johnson Family Fund The Our Lady of Perpetual Help Parish Endowment Fund ST. ANDREW BY THE BAY CHURCH OF THE IMMACULATE CONCEPTION - TOWSON The Our Lady of Perpetual Help Catholic The Drew and Risa Hudson Family Fund for Faith Formation Jessica Meredith Jacobsen Memorial Endowment Fund Education Endowment The Immaculate Conception Scholarship Endowment Fund ST. ANN - BALTIMORE The John Gerald McDade Memorial Endowment Fund OUR LADY OF THE CHESAPEAKE The Kennedy-Boone Family Endowment Fund The Rev. Msgr. F. Dennis Tinder Endowment Fund The Our Lady of the Chesapeake Parish Endowment Fund
12 PARISH FUNDS
ST. ANN - GRANTSVILLE ST. ELIZABETH ANN SETON ST. JOHN THE EVANGELIST - FREDERICK The Joseph and Wilda Fahey Family Fund The St. Elizabeth Ann Seton Parish Endowment Fund The Father Wayne Funk Religious Education Fund The St. Ann’s Catholic Education Endowment Fund The St. Elizabeth Ann Seton Catholic Education Endowment Fund The St. John the Evangelist, Frederick Parish The St. Ann’s Parish Endowment Fund Endowment Fund ST. FRANCIS DE SALES ST. ANN - HAGERSTOWN The Rev. Msgr. G. Michael Schleupner Fund ST. JOHN THE EVANGELIST - LONG GREEN VALLEY The Poser Family Endowment Fund The St. Francis de Sales Catholic Education Endowment Fund The St. John the Evangelist’s, Long Green Valley Parish The St. Ann, Hagerstown Parish Endowment Fund The St. Francis de Sales Parish Endowment Fund Endowment Fund The St. Ann, Hagerstown Tuition Assistance Fund ST. FRANCIS OF ASSISI - BALTIMORE ST. JOHN THE EVANGELIST - SEVERNA PARK ST. AUGUSTINE - WILLIAMSPORT The Barbara Jo Wuest Educational Trust The St. John, Severna Park, Parish Endowment for the Poor The Rev. Msgr. Alfred E. Smith Endowment Fund* The Otto J. and Eva B. Wuest Educational Trust The St. John, Severna Park, Parish Endowment Fund The St. Augustine, Williamsport, Catholic Education Fund The St. Francis of Assisi Tuition Assistance Endowment Fund ST. JOHN - WESTMINSTER ST. BERNARDINE ST. IGNATIUS - HICKORY The Bettie Beauchamp and Shirley Young Endowment Fund The St. Bernardine Catholic Educational Endowment Fund The St. Ignatius, Hickory Parish Endowment Fund The Rev. Msgr. Arthur Valenzano Endowment Fund The St. Bernardine Parish Endowment Fund The St. Ignatius, Hickory Catholic Education Endowment Fund The St. John Westminster Parish Endowment Fund
ST. CASIMIR ST. IGNATIUS LOYOLA - FREDERICK ST. JOSEPH - FULLERTON The St. Casimir Catholic Education Endowment Fund St. Ignatius Loyola Historic Preservation & Maintenance Fund The St. Joseph, Fullerton Catholic Education The St. Casimir Church Preservation Endowment Fund St. Ignatius of Loyola Catholic Education Endowment Fund Endowment Fund The St. Casimir Parish Endowment Fund St. Ignatius of Loyola Parish Endowment Fund The St. Joseph, Fullerton Parish Endowment Fund
ST. CHARLES BORROMEO ST. JAMES - BOONSBORO ST. JOSEPH - ODENTON The Mary Bradley Zabicki Endowment Fund The St. James, Boonsboro, Catholic Education Endowment Fund The Church of the Holy Apostles Parish Endowment Fund The St. Charles Borromeo Catholic Education Endowment Fund The Church of the Holy Apostles Catholic Education The St. Charles Borromeo Parish Endowment Fund ST. JANE FRANCES DE CHANTAL Endowment Fund The Fritz Family Endowment Fund ST. CLARE The St Jane Frances de Chantal Catholic Education ST. JOSEPH PASSIONIST MONASTERY The St. Clare Endowment Fund Endowment Fund The St. Joseph’s Passionist Monastery Educational Endowment The St. Jane Frances de Chantal Parish Endowment Fund The Stephen Jarboe Endowment Fund ST. CLEMENT - LANSDOWNE The McKenna Catholic Education Endowment Fund ST. JOAN OF ARC ST. KATHARINE DREXEL The St. Clement Parish Endowment Fund St. Joan of Arc Parish Endowment Fund The St. Katharine Drexel Catholic Education Endowment Fund The St. Katharine Drexel Parish Endowment Fund ST. CLEMENT MARY HOFBAUER ST. JOHN THE EVANGELIST - COLUMBIA The Lois Loraine Jones Endowment Fund of The St. Clement The Bartolo Family Fund ST. LEO THE GREAT Mary Hofbauer Parish Endowment Fund The Reverend Monsignor Richard H. Tillman Endowment Fund The St. Leo Church Catholic Education Endowment Fund The St. Clement Mary Hofbauer Parish Endowment Fund The St. John the Evangelist, Columbia Catholic Education The St. Leo Church Preservation & Maintenance The St. Clement Mary Hofbauer Catholic Education Endowment Fund Endowment Fund Endowment Fund The St. John the Evangelist, Columbia Parish Endowment Fund
13 PARISH FUNDS
ST. LOUIS ST. MICHAEL THE ARCHANGEL - OVERLEA ST. PIUS X The Murphy-Faulstich Endowment Fund* The Spalla - Mancuso Memorial Fund The St. Pius X Catholic Educational Endowment Fund The St. Louis Catholic Education Endowment Fund The St. Michael the Archangel Catholic Educational The St. Pius X Parish Endowment Fund The St. Louis Parish Endowment Fund Endowment Fund The St. Michael the Archangel Parish Endowment Fund ST. THOMAS AQUINAS ST. LUKE The St. Thomas Aquinas Parish Endowment Fund The St. Luke Education Endowment Fund ST. PATRICK - CUMBERLAND The St. Patrick, Cumberland, Catholic Education ST. URSULA ST. MARGARET Endowment Fund The St. Ursula Catholic Education Endowment Fund The Carolyn M. and Charles J. Slimowicz Family Fund* The St. Patrick, Cumberland, Historic Preservation & The St. Ursula Parish Endowment Fund The Delss Fund for Catholic Education in Haiti Maintenance The Jane Dean Endowment Fund The St. Patrick, Cumberland, Parish Endowment Fund ST. VERONICA The St. Veronica Catholic Education Fund ST. MARY - ANNAPOLIS ST. PATRICK - HAVRE DE GRACE The St. Veronica Parish Endowment Fund The Gilbert Strittmatter Memorial Endowment Fund The Church of St. Patrick Parish Endowment Fund The St. Mary’s Annapolis Parish Endowment Fund The Sister Frances Catholic Education Endowment Fund TRANSFIGURATION The Tyler Family Fund of the St. Mary’s Annapolis Parish End The Transfiguration Catholic Community Education ST. PATRICK - MT. SAVAGE Endowment Fund ST. MARY - HAGERSTOWN The Mary Margaret Winner Music Scholarship The Transfiguration Catholic Community Endowment Fund The Rev. Msgr. Robert S. Passarelli Endowment Fund Endowment Fund for the Poor The Mary Murray Endowment Fund The St. Mary, Hagerstown Parish Endowment Fund The St. Patrick Parish Endowment Fund The St. Patrick, Mt. Savage Historic Preservation & ST. MARY OF THE ASSUMPTION - GOVANS Maintenance Endowment Fund St. Mary of the Assumption Catholic Education Endowment Fund St. Mary of the Assumption Parish Endowment Fund ST. PAUL St. Mary of the Assumption School Endowment Fund The St. Paul Catholic Education Endowment Fund The St. Paul Parish Endowment Fund ST. MICHAEL - FROSTBURG The St. Michael, Frostburg Parish Endowment Fund ST. PETER - HANCOCK The Sarah Frances Anthony Endowment Fund ST. MICHAEL - POPLAR SPRINGS The St. Peter, Hancock Catholic Education Endowment Fund The Anna Esposito Endowment Fund The Reverend Michael J. Ruane Endowment Fund ST. PETER - LIBERTYTOWN The Richard E. Walters, Jr. Endowment Fund The St. Peter, Libertytown Catholic Education Endowment Fund The Robert and Nancy Landsman Family Fund The St. Peter, Libertytown Parish Endowment Fund The St. Michael, Mt. Airy Service Justice Endowment Fund The St. Michael, Poplar Springs Catholic Education ST. PETER - WESTERNPORT Endowment Fund The St. Peter’s, Westernport Catholic Education The St. Michael, Poplar Springs Parish Endowment Fund Endowment Fund The Timothy and Barbara Riley Fund The St. Peter’s, Westernport Parish Endowment Fund *fund supports multiple purposes
14 EDUCATION FUNDS
“My vision for the schools of the Archdiocese of Baltimore 42% includes doing the work 179 OF 430 necessary to build a lasting ENDOWMENTS school system that is available to any child desiring a quality 138 28 Catholic education. I believe SCHOOL SPECIFIC the best days for Catholic EDUCATION TUITION ASSISTANCE ENDOWMENTS EDUCATION education lie before us.” BENEFITTING ENDOWMENTS 41 SCHOOLS JAMES B. SELLINGER, SR. CHANCELLOR OF CATHOLIC SCHOOLS 179 EDUCATION ENDOWMENTS
4 9 COUNTY SPECIFIC PARTNERS IN EDUCATION EXCELLENCE ENDOWMENTS EDUCATION ENDOWMENTS
$27,180,623 $46,179,054 EDUCATION TOTAL
15 EDUCATION FUNDS
ALLEGANY OR GARRETT COUNTY CATHOLIC SCHOOLS MOUNT SAINT JOSEPH HIGH SCHOOL PARTNERS IN EXCELLENCE (PIE) Murphy Educational Endowment for Western MD (AOB)* The Samuel and Patricia Chairs Family Fund SCHOLARSHIP PROGRAM The Valenzano Family Endowment Fund The Curran and Jody Harvey Family Endowment The Mary Murray Fund NOTRE DAME PREPARATORY SCHOOL Scholarship Fund The Notre Dame Preparatory School Endowment Fund The Edward A. Crooke Scholars Fund ANNE ARUNDEL COUNTY CATHOLIC SCHOOLS The Fr. Tim Brown Reading Scholars Program Fund The Baldwin Family Endowment Fund OUR LADY OF GRACE SCHOOL The James and Carol Ritz Family Fund The Albert & Concetta Radecke Family Fund The Joyce and Hunter Kerlin Charitable Fund ARCHBISHOP BORDERS SCHOOL The Fr. Nicholas Scholarship Endowment Fund The Mark and Loy Timbie Endowment The Archbishop Borders Educational Enhancement Fund The Gregory E. Bushman, Our Lady of Grace School The Michael & Priya Pinto Tuition Assistance Scholarship Endowment Fund ARCHBISHOP CURLEY HIGH SCHOOL The Partners in Excellence Endowment Fund The Archbishop Curley High School Endowment Fund OUR LADY OF MOUNT CARMEL ELEMENTARY & The Raymond & Rand Mason Family Endowment Fund The Michael G. Mann Memorial Endowment Fund HIGH SCHOOLS The Baynes Family Endowment Fund CALVERT HALL COLLEGE HIGH SCHOOL The Dr. Jeff Bunn Music Scholarship Fund “Catholic education has been The Dominic Cottone Endowment Fund The Father Joseph Kitko Scholarship Fund of Mt Carmel The Timothy J. and Leslie Chairs Family Fund High School a bridge for me in finding The Henry A. & Mabel A. Bauernfeind Memorial Scholarship myself, in finding God.” CARDINAL SHEHAN SCHOOL Endowment Fund The Cardinal Shehan School Endowment Fund The James “Pop” Reynolds Memorial Scholarship TAVON WHITENER, PIE SCHOLAR The Joseph Cramer Memorial Scholarship Endowment Fund ARCHBISHOP BORDERS SCHOOL, 1999-2005 HOLY ANGELS CATHOLIC SCHOOL The Linda Fannon Scholarship Fund of Our Lady of ST. JOSEPH UNIVERSITY, CLASS OF 2013 The Holy Angels Catholic School Endowment Fund Mt Carmel WIDENER UNIVERSITY SCHOOL OF LAW, CURRENT The Timothy J. and Leslie Chairs Family Fund The Michael & Kathleen Sipes Scholarship Fund FIRST-YEAR LAW STUDENT The Michelle Bevans Memorial Scholarship Endowment Fund HOLY FAMILY SCHOOL The Norbert & Oriole Porter Scholarship Fund
The Holy Family Catholic Education Endowment Fund The Our Lady of Mt Carmel High School Endowment Fund RESURRECTION - ST. PAUL SCHOOL The Our Lady of Mt. Carmel Elementary School The Church of the Resurrection School Endowment Fund IMMACULATE CONCEPTION SCHOOL The Regina and Eugene McKenzie Scholarship Fund The Rev. Don McMaster Scholarship Endowment Fund The Resurrection - St. Paul School Endowment Fund The Rev. Msgr. Edward J. Lynch Scholarship Fund The Rev. Msgr. Robert L. Hartnett Fund The Immaculate Conception School Endowment Fund The Romadka Family Endowment Fund SACRED HEART SCHOOL - GLYNDON Jessica Meredith Jacobsen Memorial Endowment Fund The Sisters of St. Francis Endowed Scholarship Fund The Bradley T. MacDonald Family Endowment Fund The Rev. Msgr. F. Dennis Tinder Endowment Fund The Sacred Heart School Endowment Fund
MONSIGNOR SLADE CATHOLIC SCHOOL OUR LADY OF PERPETUAL HELP SCHOOL The Our Lady of Perpetual Help School Endowment Fund THE SCHOOL OF THE CATHEDRAL OF MARY The Monsignor Slade Catholic School Endowment Fund OUR QUEEN MOTHER SETON ACADEMY OUR LADY OF VICTORY SCHOOL The Bill and Lisa Stromberg Endowment for Tuition Assistance and Seminarian Education* The Mary Chairs Endowment Fund The Our Lady of Victory School Endowment Fund The Cathedral of Mary Our Queen Fund for Catholic Education The Mother Seton Academy Endowment Fund The Sr. Barbara Tucker Scholarship Endowment Fund The Sr. Ruth Marie Hindley, S.N.D. Scholarship The L. Patrick Deering Education Fund Endowment Fund
16 EDUCATION FUNDS
SCHOOL OF THE INCARNATION The Russell Gordon Croft Scholarship Fund ST. MARIA GORETTI HIGH SCHOOL The School of the Incarnation Endowment Trust The Sarah Mansueto Endowment Fund The St. Maria Goretti High School Endowment Fund The Ss. James & John Catholic School Tuition Assistance Fund SETON KEOUGH HIGH SCHOOL ST. MARY’S SCHOOLS - ANNAPOLIS The Anna Fehl Scholarship Endowment Fund ST. CLEMENT MARY HOFBAUER SCHOOL The Carmine Blades Scholarship Fund The Betty Wagner Smith Scholarship Endowment Fund The Shipley Family Tuition Assistance Endowment Fund The Caruso Family Scholarship Fund The Carolyn and Blair Donohue Family Endowment Fund The St. Clement Mary Hofbauer School Endowment Fund The CMDR Albert W. Vittek Endowment Fund The Jean Griffith Nicholas, Seton Class of 1955, School Fund The Fr. Max Pauli C.Ss.R. Scholarship Fund The Mary Heckwolf Staylor Endowment Fund ST. FRANCIS OF ASSISI SCHOOL The J. Pierre and Sybil Bernard Scholarship Fund The Rosskopf Family Memorial Endowment Fund The St. Francis of Assisi School Endowment Fund The Jeffrey D. Ralston ’84 Scholarship Fund The Seton Alumnae Association Scholarship Endowment Fund The St. Francis of Assisi Tuition Assistance Endowment Fund The Letitia Farrell Memorial Scholarship Fund The Seton Keough High School Endowment Fund The McGeady Family Scholarship Fund The Timothy J. and Leslie Chairs Family Fund ST. JOAN OF ARC SCHOOL The Mildred Pascal Scholarship Fund The Rev. Kevin T. Schenning Fund The Richard D. Crabtree Spirituality Scholarship Fund SISTERS ACADEMY OF BALTIMORE The School Sisters of Notre Dame Mathematics Award Fund The Mary Chairs Endowment Fund ST. JOHN THE EVANGELIST SCHOOL - SEVERNA PARK The St. Mary Faculty Enrichment Endowment Fund Sisters Academy of Baltimore Endowment Fund The St. John, Severna Park, School Endowment Fund The St. Mary High School Endowment Fund of the St. Mary’s Schools Endowment Fund The St. Mary’s Schools Endowment Subfund of the St. Mary’s Ss. JAMES & JOHN CATHOLIC SCHOOL ST. JOHN SCHOOL - WESTMINSTER Annapolis Parish Endowment Fund Albert and Loretta Reichelt Endowment Fund The Cecelia Hinkel Endowment Fund The Tuition and Scholarship Assistance Subfund of the Andrew R. and Hannah C. Dunevant Scholarship Fund The Nellie Agnes Arnold Scholarship Endowment Fund St. Mary’s Annapolis Parish Endowment Fund Charles and Theresa Rizzo Scholarship Fund The St. John School Endowment Fund The Twila Steinecker Peace and Justice Award Fund Connolly Organ Families Scholarship Fund The Walter and Anna Hackett Family Fund
Daley-Pech Family Scholarship Endowment ST. MARY’S SCHOOL - HAGERSTOWN Gene Lawrence Tuition Assistance Endowment ST. JOHN THE EVANGELIST SCHOOL - Glenn Meyer Scholarship Endowment Fund The Rev. Msgr. Robert S. Passarelli Endowment Fund LONG GREEN VALLEY Harry Meyer Scholarship Endowment Fund The St. John School, Long Green Valley Endowment Fund Heil Family Scholarship Fund ST. MICHAEL THE ARCHANGEL SCHOOL
Jessica and Nicholas Brown Scholarship Endowment Fund Daughters of Charity Endowment Fund for ST. JOSEPH SCHOOL - COCKEYSVILLE Leo and Adrienne Fenzel Scholarship Fund St. Michael’s School The St. Joseph School Catholic Education Endowment Fund Mark D. Palmer Scholarship Fund The Father Christopher Carney Endowment Fund
McCarthy/Staudenmaier Families Scholarship Fund ST. JOSEPH SCHOOL - FULLERTON Patricia E. Sahlin Scholarship Fund ST. PHILIP NERI SCHOOL The St. Joseph School Endowment Fund The Charlotte K. Martin Scholarship Fund The Rev. Msgr. Francis X. Zorbach Tuition Assistance The Christina Marie Polley Scholarship Fund Endowment Fund The Claire Renaux Scholarship Fund ST. LOUIS SCHOOL The Drew Dedrick Scholarship Fund The Sr. Mary Catherine Endowment Fund ST. PIUS X SCHOOL The Father Richard T. Lawrence Endowment Fund The St. Pius X School Endowment Fund The Genevieve Spain Rogers Scholarship Fund ST. MARGARET SCHOOL The Gruzynski-Conrad Families Scholarship Fund The Carolyn M. and Charles J. Slimowicz Family Fund* ST. THOMAS AQUINAS SCHOOL The Mac Ball Tuition Assistance Endowment The Jackie Kinzler Memorial Fund The St. Thomas Aquinas Tuition Assistance Endowment Fund The Magno Zito Family Scholarship Fund The Jane Dean Endowment Fund The St. Thomas Aquinas School Endowment Fund The Mary “Molly” Jameson Scholarship Fund The Rev. Francis X. Callahan Fund The Darlene Henry Fund The Raymond and Patricia Bahr Scholarship Fund The St. Margaret Tuition Assistance Endowment Fund The Reverend Joseph Wichland C.Ss.R. Scholarship Fund 17 EDUCATION FUNDS
TRINITY SCHOOL The Germaine and David Ricker Endowment Fund* The Levy Family Endowment Fund The J. Bernard and Marie Rafferty Family Fund The Trinity School Endowment Fund The Jeanne & Michael Sullivan Family Trust Fund The William and Catherine Bauer Endowment Fund The Julia Sullivan Endowment Fund The Kinkopf Family Fund for Catholic Schools TUITION ASSISTANCE The Laurence E. Harrison, Jr. Endowed Scholarship Fund AOB Endowment for Educational Excellence The Lawrence Cardinal Shehan Scholarship Fund Ford and Patricia Rowan Endowment Fund The Mary and Nicholas Mangione Family Trust Fund* The Archbishop Edwin F. O’Brien Endowment Fund The Mathias J. & Rosetta K. DeVito Family Fund The Archdiocese of Baltimore Endowment for The Michael and Jean MacDonald Endowment Fund Educational Excellence The Our Lady of the Angels Catholic Education Scholars The Batza Family Trust The Q. Francis and Rita H. Dallavalle Endowment Fund The Brian and Mary Jo Rogers Endowment Fund The Cardinal William H. Keeler Endowment Fund* WASHINGTON COUNTY CATHOLIC SCHOOLS The Catholic Business Network of Baltimore The James and Darlene Stojak Family Trust Fund Scholars Endowment The Charles and Mildred Foley Memorial Endowment Trust Fund The Daniel Rudd Scholarship Endowment Fund The Davis Family Endowment Fund The Dr. Ronald J. Valenti Catholic School Scholarship Endowment Fund The Earl and Darielle Linehan Family Trust Fund The Eileen Flanigan Serene Trust Fund The Francis A. and Betty J. Contino Tuition Assistance Fund The George and Margaret McManus Family Trust Fund *fund supports multiple purposes
“My school cares about more than academics or tests. They help me overcome my fears. I am putting the things I am learning into action at home and everywhere I go.”
DANIELLE BROWNSON ARCHBISHOP BORDERS SCHOOL
18 CLERGY FUNDS
St. John Vianney Seminarian Fund The Albert Gregory Kelly Endowment Fund The Andrew J. and Dolores M. Bozzelli Family Endowment Fund The B. Larry and Catherine H. Jenkins Family Trust Fund The Baird Family Endowment Fund in Honor of Cardinal Shehan The Bill and Lisa Stromberg Endowment for Tuition Assistance and Seminarian Education* The Bishop William C. Newman Fund The Burke-Healy Family Trust Fund The Corriere Family Endowment Fund The David and Hilda Aland Family Fund The Frank Faimann Family Fund The Germaine and David Ricker Endowment Fund* The Joseph E. Kreft, Sr. Family Charitable Fund for Seminarian Education The Lloyd E. & M. Agatha Aiken Endowment Fund* “The real joy of the priesthood is The Murphy-Faulstich Endowment Fund* 6% interacting with parishioners and trying The Ongoing Formation and Continuing Education 26 OF 430 Endowment Fund for Priests ENDOWMENTS to help them draw closer to the Lord. The The Rev. Msgr. Richard E. Parks Endowment for priesthood is all about bringing Jesus to Seminarian Education The Rev. Christopher M. Carney Endowment Fund* people and people to Jesus.” The Rev. Msgr. Alfred E. Smith Endowment Fund* The Rev. Msgr. Clare J. O’Dwyer Endowment Fund REVEREND MONSIGNOR JAMES P. FARMER The Rev. Msgr. Daniel McGrath Endowment Fund PASTOR, ST. JOHN, WESTMINSTER The Rev. Msgr. Paul G. Cook Fund The Rev. Msgr. Robert A. Armstrong Endowment Fund The Reverend Joseph L. McManus Endowment Fund The Smith & Wendelken Family Endowment Fund The Special Care Endowment Fund for Priests $46,179,054 TOTAL *fund supports multiple purposes
$2,752,082 CLERGY
19 MINISTRY & OUTREACH FUNDS
Deacon Endowment Fund The Alice Creaghan Streett Endowment Fund The Bishop P. Francis Murphy Justice and Peace Fund The Black and Indian Missions Endowment Fund The Cardinal William H. Keeler Endowment Fund* The Carrion and Flahavan Family Fund 9% The Christopher and Karen Deaver Family Fund 37 OF 430 The Cultural Endowment Fund for Seniors ENDOWMENTS The Denise R. Fitzgerald Endowment Fund The Ethan C. Flint Endowment Fund for Children and Family Services The Fenwick Family Charitable Fund* The Founder’s Fund The Francis J. Rasmus, Jr. Endowment Fund The Gerard D. and Teresa L. O’Neill Family Fund The Germaine and David Ricker Endowment Fund* The Jacqueline and Miranda Markart Endowment Fund The James and Barbara Jacobs Endowment Fund The Jean and Michael Sullivan Endowment Fund The Kathryn Chairs Endowment Fund The Kinkopf Family Fund for Catholic Charities The Leo W. Rader Family Endowment Fund The Mary and Nicholas Mangione Family Trust Fund* The Mary T. Plunkett Endowment Fund The Mission Endowment Fund The Mortel Family Fund for Haiti The Our Lady of Guadalupe Endowment Fund The Pamella J. Norbeck Fund The Premier See Endowment Fund The Rev. Edward Sargus Endowment Fund The Rev. Msgr. John J. Auer Fund The Rev. Philip T. Snouffer Endowment Fund* The Samuel W. and Denise Chairs Family Fund The Thomas M. and Mary Chairs Family Fund* The Todd and Annemarie Chairs Family Fund $46,179,054 TOTAL The William & Mabel Newman Family Fund The Xaverian Brothers Endowment Fund Truman T. and Nellie M. Semans Endowment for Catholic Charities $4,728,081 MINISTRIES AND *fund supports multiple purposes OUTREACH
20 CEMETERY FUNDS
HOLY CROSS The Holy Cross Cemetery Endowment Fund “‘Burying the dead’ is a HOLY FAMILY - RANDALLSTOWN The Holy Family Historic Preservation & Cemetery Endowment Fund corporal work of mercy. 3% Just as dioceses and HOLY ROSARY 14 OF 430 ENDOWMENTS The Holy Rosary Cemetery Endowment Fund parishes have endowments and ministries for other OUR LADY OF MOUNT CARMEL - THURMONT The Our Lady of Mount Carmel, Thurmont Cemetery Endowment corporal works of mercy (feeding the hungry, OUR LADY OF THE FIELDS The Our Lady of the Fields Cemetery Endowment Fund housing the homeless,
ST. ALPHONSUS RODRIGUEZ visiting the sick, clothing The St. Alphonsus Rodriguez Parish Cemetery Endowment Fund the naked) and spiritual
ST. CHARLES BORROMEO works of mercy (education, The St. Charles Borromeo Cemetery Endowment Fund counseling), so too are
ST. IGNATIUS - HICKORY there endowments for the The Rev. Christopher M. Carney Endowment Fund* care of those who have The St. Ignatius Parish Cemetery Endowment Fund passed.” ST. JOHN THE EVANGELIST - LONG GREEN VALLEY The St. John the Evangelist’s, Long Green Valley Cemetery REVEREND PATRICK CARRION Endowment Fund DIRECTOR, OFFICE OF CEMETERY MANAGEMENT
ST. JOSEPH - TEXAS The St. Joseph, Texas Cemetery Endowment Fund
ST. LOUIS The St. Louis Parish Cemetery Endowment Fund $46,179,054 ST. MICHAEL - FROSTBURG TOTAL The St. Michael, Frostburg Cemetery Endowment Fund
ST. MICHAEL - POPLAR SPRINGS $1,377,383 The Bill & Inez Thomas Endowment Fund CEMETERIES
*fund supports multiple purposes
21 DONOR ADVISED FUNDS
Benefits to establishing a Donor Advised Fund within the Catholic Community Foundation include convenience and flexibility, without the administrative costs of a private foundation. Under this arrangement, donors make a tax-deductible gift of $10,000 or more in cash, securities, or property to the Foundation, and the Foundation establishes a Fund in the donor’s name under the Foundation’s management. The donor makes recommendations for distributions, provided at least 50% of these $570,933 distributions support Archdiocesan programs. TOTAL VALUE DONOR ADVISED The Catholic Community Foundation is grateful to the following donors for establishing Donor Advised FUNDS AS OF JUNE 30, 2014 Funds within the Foundation:
OWEN† AND MARIAN† DALY The Marian & Owen Daly Family Trust Fund
JOSEPH AND CATHERINE LIBERATORE The Joseph E. & Catherine A. Liberatore Family Fund
MARIE MCCARTHY The William J. McCarthy, Sr. Donor Advised Fund
PATRICK AND NANCY O’CONNOR The O’Connor Family Donor Advised Fund
†Denotes donors that have passed.
If you are interested in receiving more information on Donor Advised Funds within the Catholic Community Foundation, please call Martha W. Kendall, Development Director for the Foundation, at 410-547-5431.
22 LEGACY LEAGUE
Legacy League Members of the Catholic Community Foundation have chosen to extend their philanthropy Reverend Christopher Carney† Gloria Carpeneto beyond their lifetimes by endowing legacy gifts in perpetuity through a bequest. Often offering a tax Garcia Castillo benefit or another financial incentive, legacy giving provides a way to connect a donor’s descendants to James and Gertrude Cavanaugh a ministry or cause dear to one’s heart. Jim Christ Natalie Chu The Catholic Community Foundation extends its gratitude to the following Legacy League Members Rosemary Ciaudelli-Grace Joseph and Audrey Cimino who have graciously included an Archdiocese of Baltimore parish, school, and/or ministry in their Frank and Vincenza Cina estate plans: Dorothy Clark John and Marion Coccagna John and Diana Ackermann Andrew and Deborah Bohle Alfred Coleman† Reverend Monsignor Lloyd Aiken John† and Ida Bohli Thomas† and Margaret Collins David and Kathy Airel Philip† and Gloria Bolger Jack and Marge Conley David and Hilda† Aland Robert Bolger Francis and Betty Contino Philip and Mary Altomare Eleanor Bollinger Reverend Monsignor Paul G. Cook Reverend Monsignor Nicholas Amato Mary Agnes Bordas Dominic and Concetta Corriere Earl and To Hyang Anderson Most Reverend William Borders† Miguel Cortes Penny Anderson Robert and Elizabeth Bosley Jack and Kathryn Costa Ralph and Christine Arnold Andrea Bowden Sally Costanzo Reverend Monsignor John Auer Howard and Virginia Bowen Dominic and Kathleen Cottone Bettye Bailey Alan and Laure Bowman Reverend Monsignor Richard Cramblitt Kenneth and Gloria Bailey Lambert and Forest Boyce Lois Cross John and Rosalyn Balch Michael and Connie Boyer David and Diane Cushwa Tom and Peggy Baldwin John and Nancy Boyle Charles† and Barbara† Czapar Charles and Patricia Bangert George and Helen Bozek Owen† and Marian† Daly Marion and Rose Banz Andrew† and Dolores Bozzelli Christopher and Karen Deaver Robert and Sadj Bartolo Frank and Margaret Bramble Jacques and Gail Delente Charles† and Patricia Baynes Barbara Bristow Reverend Martin Demek Bettie Beauchamp Norma Brough Elizabeth Dettor† Annette Bell Anthony and Alisa Brown Charles† and Elizabeth† Devaud James and Rosemary Belson Mary Brown Donald DiBlasi Frank and Lanita Bennett Sibyl Brown† E. Alexander Dietrich† Glenn and Dawn Bensley Roy and Karin Bryan Charles Diggs Jean Berdini Madeline Buchanan Reverend Thomas Donaghy Richard Berger Jeff Bunn Blair† and Carolyn Donohue John and Donna Bidinger Paul and Marjorie† Burke Leonard and Elizabeth Doran Joan Bildstein Mary Frances Healy Burke† Raymond Durante Donna Binney Paul and Sheila Buscemi Robert-Philip Dyson Drusilla Blackburn Glenn Byrd James and Alyce Edwards Thelma Blair Thomas and Brenda Callahan Ernesto and Susana Escola Milan† and Christa Blake Joan Canapp Anna Esposito Dorothy Blake† Ned and Maura Cannon Barbara Falco Russell and Connie Bly Bryan and Anne Carney Rose Faulhaber
23 LEGACY LEAGUE
Pauline Fendlay B. L. and Catherine Jenkins Joan Loughlin Charles and Elizabeth Fenwick Robert Kane† Andrea Luchini Rose Ferrandi Cardinal William Keeler Linda Ann Luckhardt† Louise Fidell Mary Kelley Reverend Monsignor Edward Lynch† Daniel Finkelstein Douglas and Mary Anne Kennedy George Madara Denise Fitzgerald† Sean Kennedy Mary Magnoni Pierce† and Mary Ann† Flanigan Guy† and Joyce Kerlin Briccio Malilay Paul Flynn Thomas and Anna Kilduff David Malone Charles† and Neta Foley John Kirby Robert Mamone Reverend William P. Foley Trafford† and Isabel† Klots Nicholas† and Mary Mangione Richard and Lori Froderman Edward and Kathleen Knutson Joseph and Rika Mansueto Andres and Julia Fuentes Juliana Kopec Vincent and Angela Marcellino Emmett and Audrey Full Alexandra Kopeck Jacqueline and Miranda Markart Herb and Joan Gampel David Kording Roger and Kathleen Marsh James and Mary Jane† Gardner Russell and Beverly Kott Reverend C. Lou Martin Avon and Jeanette Garrett Walter and Veronica Kovalchek Grover Martin Jerome† and Mary† Geckle Rita Kozub Ronald and Virginia Mason Keith and Mary Ann Gehle Jennifer Kraus Elizabeth Mathias Charles and Patricia Gellner Christine Kraus Michael and Christina Mayhew Francis and Carolyn† Gibbons Eva Kukla Steven and Margaret Mays William† and Joyce Gillen-Kenney Reverend Henry Kunkel Robert and Lynda McArthur Kenneth and Kimberly Gontasz James and Sharon Kurdziel Marie McCarthy Joseph Grabenstein Charles and Eileen Lacijan John McDade Charles† and Phyllis Groh John and Virginia Lackay Theresa McDonald Francis Groll† Robert and Nancy Landsman Eamonn and Patrice McGeady Steve and Irma Gurbisz Florian and Marguerite Lane Doug and Pam McGinnis Donald and Elaine Hagner John and Carole Langmead Robert and Mary McGraw Olive Hall Leon and Joanne LaPorte John McKenna Mary Harper Ruth Larkin David and Mary McKinnon Michael† and Rebecca Hart Reverend Leo Larrivee, S.S. George† and Margaret† McManus Bruce and Georgia Harvey Alma Laufert James† and Margaret† McManus Bernard and Linda Hayes Albert Laun† Jerome† and Mary McManus Michael and Veronica Herrera Timothy and Tracy LaValle Lucille McMeins Barbara Higgins Gi Nyeong Lee Bernard and Joan Meagher George and Cecelia† Hinkel Leslie† and Sally Lee Mel Meid William and Arlene Hoffman Michelina Lemon Ronald Meyers Kenneth Hollar Timothy† and Ellen Lesniewski Anthony and Kathleen Mignini Dorothy M. Holtzman Frank Lewis† Kathryn Mike Carrie Hughes Richard† and Angela† Lidinsky Brian and Mary Kay Miller Joseph† and Joan Imrisek Ann Lindblade Ramona Minaya Garrett Isacco Jo Ann Lingner Marjorie Morel Delores Jackson Robert† and Karen Liskey George and Pat Morgan Charles and Clare Jednorski Anita Liu Michael and Mary Beth Morsberger Lillian Jenkins Reverend Joseph Lizor Antoinette Moye
24 LEGACY LEAGUE
Paul and Harriet Muldowney Brian and Suzanna Ribblett Gregory and Amy Vaillancourt Thomas and Mary Mullan David and Rita Ricker Reverend Monsignor Arthur Valenzano Andrew and Judy Mullen Robert Riley Ernestine Valenzano† Margaret Mulligan Timothy† and Barbara Riley Raul and Gladys Velez Calvin Murray† Eugene and Susan Ringsdorf Maxine Verdier Leonarda Murray Brian and Louisa Rink Jem and Gabriela Villanueva Michael and Kathleen Murray James and Carol Ritz Betty Wachs Robert and Beverly Nedd Robert Robinson Annabelle Wagner† Catherine Neel† Reverend Alphonse Rose Mark and Lisa Wagner Most Reverend William C. Newman Jo Anne Sabas Mary Cecelia Walsh Thomas and Agnes Nibali Henry Sanborn Richard Walters & Family Perry and Berndette Nwanguma Helen Santoni Patrick and Jacqueline Ward Edward and Karen O’Connor Reverend Monsignor Kevin Schenning Ray and Miriam† Watson Walter Oduya Pamela Schettler Reverend Lawrence Waudby Josephine Offutt† Renee Shackleford Daniel and Michelle Webster Mary Olert Theresa Shaffer Arthur† and Margaret Wheeler Richard and Elsie† Orburn Luke Shaw Kevin and Jessica Whitfield Michael and Colleen Oster Reverend Joseph Simmons Van and Sarah Whiting Charles Pacy Fred Singletary Richard and Barbara Williams Dorothy Palasik Donald and Carole Smith Reverend Paul Witthauer Lorraine Palasik R. Douglas† and Pamela Smith Leo and Gloria Woerner Donna and Gary Papuchis Thomas and Joanne Smith Arthur and Angela Wolf Elissa Passalacqua Stephen and JoAnn Sneeringer Beatrice Wolf Reverend Monsignor Robert Passarelli† Reverend Philip Snouffer Reverend Monsignor Richard Woy Ajay and Mary Patil Jean Southard John and Dolores† Wright Malvin and Jan Pavik Thomas and Amy Spangenberg Elva Yamartino Dominick† and Kathleen Perini Joseph† and Bernice Spillman Gi Nyeong Yi Joseph Phillips James Stasiowski Shirley Young Raynard Pinckney Ralph and Elinor Steinitz Edward and Theresa Zanowicz Margaret Polley William and Marguerite Strobel Reverend Monsignor Francis X. Zorbach† Thomas and Elizabeth Poole Glenn Strohm and Susan Levy-Strohm Alberta Porter Mary Lou Stromer John Poyer, III and Theresa Archambault James and Mary Szivos
E. Carole Pritchett Sushila Thapa Joseph and Elizabeth† Prosser Mary Inez Thomas †Denotes donors who have passed. Susan Pulsifer Reverend Paul Thomas Gulam and Brigitta Puthawala Joan Thompson William and Mary Ann Quarles Kenneth and Kathi Thompson If you are interested in making a bequest or Randy† and Margaret and Rager Nancy Lee Thompson† learning more about the Catholic Community Lazaro and Edna Ramos Joseph and Christine P. Tischer Foundation’s Legacy League, please call Donald and Mildred Reinhart Robert and Evelyn Torr Gerald and Jeanne Reynolds Marvin and Margaret Trott Martha W. Kendall, Development Director for Lawrence and Leiloni Reynolds Adam and Hathu Truong the Foundation, at 410-547-5431. Barbara Reynolds Dorothy Turek
25 FOUNDATION LEADERSHIP
BOARD OF TRUSTEES
Most Reverend William E. Lori Mr. David Kinkopf, Esq. Mr. James B. Sellinger, Sr. Chairman, Catholic Community Foundation Board of Trustees Board of Trustees Archbishop of Baltimore Audit & Finance Committee Chancellor, Catholic Schools Attorney at Law, Partner Archdiocese of Baltimore Mr. John H. Balch, RPh Gallagher Evelius & Jones LLP President, Catholic Community Foundation Dr. Ellen H. Yankellow, PharmD Chair, Nominating Committee Mr. G. Brian Kroneberger, CFP® Board of Trustees President, The PharmaCare Network Board of Trustees Distribution Committee Chair, Investment Committee President & CEO Mr. William Purnell, CPA Senior Vice President-Financial Advisor Correct Rx Pharmacy Services, Inc. Treasurer, Catholic Community Foundation The Dyer Kroneberger & Hobson Group Chair, Audit & Finance Committee RBC Wealth Management Mr. Patrick Madden* Partner, KPMG Ex-Officio Mr. Michael MacDonald Executive Director, Catholic Community Foundation Mrs. Frances Langton Cashman Board of Trustees Executive Director, Department of Development Board of Trustees Chair, Strategic Planning Committee Archdiocese of Baltimore Distribution Committee, Investment Committee Chief Executive Officer, Medifast Managing Director, Co-Head of US Sales Ms. Natalie Sherman, Esq. Legg Mason Reverend Monsignor Adam Parker Counsel to the Board Ex-Officio Attorney at Law, Partner Mr. Francis A. Contino Board of Trustees Gallagher Evelius & Jones LLP Board of Trustees Vicar General Managing Director, FAC&B, LLC Archdiocese of Baltimore
Mr. Thomas B. Finan Mr. Ford Rowan, Esq. Board of Trustees Board of Trustees Community Leader Chairman National Center for Critical Incident Analysis Mr. James A. Hamilton, CPA Board of Trustees Mrs. Louise Phipps Senft, Esq. Audit & Finance Committee Board of Trustees Distribution Committee Chair, Distribution Committee Owner & Managing Director CEO, Attorney & Mediator David-James, LLC Baltimore Mediation * Staff of the Foundation
26 FOUNDATION LEADERSHIP
AUDIT & FINANCE COMMITTEE INVESTMENT COMMITTEE DISTRIBUTION COMMITTEE
Mr. William Purnell, CPA, Chair Mr. G. Brian Kroneberger, CFP®, Chair Mrs. Louise Phipps Senft, Esq., Chair Partner Senior Vice President-Financial Advisor CEO, Attorney & Mediator KPMG The Dyer Kroneberger & Hobson Group Baltimore Mediation RBC Wealth Management Mr. James A. Hamilton, CPA Mrs. Frances Langton Cashman Owner & Managing Director Mrs. Frances Langton Cashman Managing Director, Co-Head of US Sales David-James, LLC Managing Director, Co-Head of US Sales Legg Mason Legg Mason Mr. David Kinkopf, Esq. Mr. James A. Hamilton, CPA Attorney at Law, Partner Mr. James Dugan, CFA Owner & Managing Director Gallagher Evelius & Jones LLP Co-Chief Investment Officer-Fixed Income David-James, LLC Brown Advisory Mr. Greg Schuessler, CPA Mr. Ejner Johnson Partner Mr. Russell LaGreca, CFP®, CRPS® Managing Director-Investments Cardoni Waddell, LLC Vice President, Institutional Consultant UBS Financial Services, Inc. The J.K. Meek Group at Graystone Consulting, Mr. John Wheeler, Jr., CPA a Business of Morgan Stanley Mrs. Linda Mangione Licata Senior Vice President and Chief Financial Officer Mangione Family Enterprises MidAtlantic Farm Credit Mr. Steve Linhard Director of Business Development Dr. Ellen H. Yankellow, PharmD Chesapeake Medical Imaging President & CEO Correct Rx Pharmacy Services, Inc.
“I think the success of the Foundation can be attributed to a generous commitment from the community and the breadth of knowledge and expertise from our Board and Committees.”
G. BRIAN KRONEBERGER CHAIR, INVESTMENT COMMITTEE
27 CONTACT US
Patrick Madden Executive Director [email protected] 410-547-5381 “Addressing the many facets of Catholic life, and Martha W. Kendall with contributions from donors representing all Director of Development levels of giving, the Foundation has proven itself [email protected] a true Community Foundation. To those who 410-547-5431 have supported the Foundation, I thank you for Robert Barron accepting our invitation to join this community, Senior Financial Analyst so crucial for the future well-being of the [email protected] Archdiocese of Baltimore.” 410-547-5323
Schattakka Dennis PATRICK MADDEN EXECUTIVE DIRECTOR Manager [email protected] 410-547-5356
www.ccfmd.org
Catholic Community Foundation 320 Cathedral Street, 4th Floor Baltimore, MD 21201
Photography courtesy of Catholic Charities, Catholic Review Media, Sharon Redmond Photography, and St. Pius X School.
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