Catholic Community FOUNDATION OF

table of plenty

CELEBRATING 25 YEARS OF COLLECTIVE CATHOLIC LEADERSHIP IN GIVING

ANNUAL REPORT 2018 Dear Friends,

As we celebrate our 25th anniversary, I’m humbled by the outpouring of joy from our Catholic community. At $358 million in assets, the Catholic Community Foundation of Minnesota (CCF) is the largest of its kind in the nation, but we don’t believe that’s the true measure of our success.

From the beginning, CCF has engaged philanthropic Catholics and stewarded their charitable giving. As the years have passed, we’ve accumulated more than assets. We’ve accumulated table of plenty valuable insights into the resources and needs of our community. Last year, we invested those insights into new initiatives that have yielded significant returns. We were inspired to share what At the table of plenty, we share both our needs and our gifts and discover they fulfill one another. we’ve learned at three Giving Insights forums. We experienced the joy of satisfying a thirst for connection that many of us didn’t realize we had. I’m happy to share the series continues today. Just as when Jesus fed the 5,000 with five loaves and two fish, we find there is plenty of room, plenty of need, and plenty to share. There is enough. For the past 25 years, CCF has set the table and invited We made our firstimpact investments, leveraging our ability as an investor to advance the our community to take part. Come to the table of plenty. common good. Locally, we invested $1 million in CommonBond’s Housing Opportunity Fund for affordable housing. Globally, we invested $2.5 million with a long-term private equity impact fund that increases access to medical care in Africa, Asia, and South America. This investment strategy resulted in an invitation to the third Vatican Conference on Impact Investing, a global conference organized around Pope Francis’s vision of “putting the economy at the service of peoples.”

We also distributed $275,000 in Impact Grants. To ensure these grants have the greatest impact, They said to Him, “We have here only five He blessed the food, and breaking the loaves CCF’s grants committee conducted an assessment of our community’s needs, drawing upon the loaves and two fish.” And He said, “Bring them He gave them to the disciples, and the disciples wisdom of local and national partners. The results have given focus to our grantmaking efforts.

here to Me”...He took the five loaves and the gave them to the crowds, and they all ate and We don’t feed 5,000 with five loaves and two fish, but inspired by the example of Jesus, we invite two fish, and looking up toward heaven, were satisfied. Catholics to participate in communal generosity to maximize every dollar. This year’s annual report, Table of Plenty, illustrates the beautiful mystery of generosity. In the giving of time, talents, MATTHEW 14:17-20 and treasure, we receive more than we could have ever imagined.

We remain ever-grateful to our generous donors, community partners, and board members who gather with us in faith at the Table of Plenty.

Sincerely,

Anne Cullen Miller, M.B.A. President OUR MISSION The Catholic Community Foundation was founded in 1992 with the mission to support table of plenty financially the spiritual, educational, and social needs of our Catholic community.

contents 4 2018 Assets and Grants Snapshot 6 Financial Reports 8 Bringing the Right Vision to the Table 12 Legacy Society Members OUR GUIDING PRINCIPLES 14 Having the Right Staff at the Table

CATHOLIC IDENTITY — We reflect our Catholic faith in all we do; embrace 16 Endowed Funds the breadth, diversity, and commonality of Catholic interests; and assure that 18 Asking the Right Board Members to the Table investments and grant recipients are in alignment with Catholic values. 20 Donor Advised Funds Legacy Fund SERVICE — We respond to the financial needs of the Catholic community and 22 contribute to effective solutions; collaborate with other nonprofit organizations 24 Nourishing Community Through Philanthropy when consistent with our mission; and provide for the needs of future generations. 28 Institutional Endowed Funds 30 Agency Funds PUBLIC ACCOUNTABILITY — We recognize and act on the understanding that community foundations are sustained by public trust, which is earned by full, 31 Gifts to Support Our Mission open, and public disclosure. 32 Board of Directors 33 Staff

2 3 9% ($1.2M) 2018 $358 Million CCF DIRECTED $13.6 Million ASSETS HELD BY CCF GRANTS DISTRIBUTED 91% ($12.4M) DONOR DIRECTED Donor Advised Funds Other unrestricted funds $8.8 Million $486 Thousand 49 TOTAL NEW FUNDS OPENED GRANTEES Endowed Funds GRANTS BY $3.3 Million 7 Agency – SOURCE Educational SHOT 798 Social $4.9 Million $3.6 Million Institutional Endowed Funds Endowed – 8 489 grants 861 grants $1 Million 166 grantees 88% GRANTS 357 grantees OF GRANTMAKING BY IMPACT Donor Advised – 29 DOLLARS GO TO ORGANIZATIONS AREA IN MINNESOTA Spiritual 2,300 $5.1 Million 950 grants TOTAL GRANTS SNAP Institutional Endowed – 5 275 grantees DISTRIBUTED IN 2018

25 YEARS OF GRANTMAKING MORE THAN $155 MILLION IN GRANTS DISTRIBUTED SINCE 1992

$36.5 Million $1M $6M $7M $8.7M $9.5M $13.6M NEW ASSETS 1996 2002 2008 2011 2015 2018 4 1994 – $174K STATEMENTS OF ACTIVITIES STATEMENTS OF FINANCIAL POSITION

For the years ending June 30 2018 2017 As of June 30 2018 2017

Revenue Assets Total Contributions $ 28,748,536 $ 28,372,666 Cash & Cash Equivalents $ 9,905,619 $ 7,932,006 Less: Amounts Received for Beneficial Endowments 3,160,152 4,200,978 Investments 340,324,720 301,164,482

Net Contributions 25,588,384 24,171,688 Beneficial Interest in Trusts 681,297 4,261,615 Management Fee Income 1,078,333 956,611 Cash Surrender Value of Insurance Policies 3,668,878 3,593,239 Investment Gain (Loss), Net of Investment Expenses 12,000,123 14,201,291 Pledges & Bequests Receivable 3,072,728 802,149 Change in Value of Split Interest Agreements (241,206) 159,850 Other Assets 654,570 592,242 Total Assets $ 358,307,812 $ 318,345,733 Total Revenue 38,425,634 39,489,440 Liabilities Program Grants Accounts Payable & Accrued Liabilities $ 1,303,732 $ 1,184,758 Total Grants 13,641,903 13,588,217 Agency Obligations 142,691,106 131,225,177 Less: Grants Made on Beneficial Endowments 1,068,900 879,000 Beneficiary Endowments 41,027,780 35,818,861 Net Grants 12,573,003 12,709,217 Charitable Trust & Gift Annuity Obligations 6,476,012 6,641,806

Operating Expenses Total Liabilities 191,498,630 174,870,602 Donor Relations & Development 1,315,340 1,015,008 Net Assets 166,809,182 143,475,131 Management & General 907,873 799,361 Grant Services 295,367 320,041 Total Liabilities & Net Assets $ 358,307,812 $ 318,345,733 Total Expenses 2,518,580 2,134,410 Audited financial statements containing all required disclosures and IRS Form 990 are available at www.ccf-mn.org. Change in Net Assets 23,334,051 24,645,813 Beginning Net Assets 143,475,131 118,829,318

Ending Net Assets $ 166,809,182 $ 143,475,131

6 7 Bringing the Right Vision to the Table Rauenhorst Family Recalls the Imagination Behind CCF’s Success

Among the many who have contributed to the Catholic Community Foundation’s (CCF) success, the Rauenhorst family occupies a unique place in CCF’s history that mirrors their leadership in the world of Catholic philanthropy. Gerald Rauenhorst (1927 – 2014), founder of The OPUS Group, shared his vision for how a Catholic foundation could work and ultimately helped shape what it became. He advocated for a community foundation that would operate independent of the Archdiocese, an uncommon approach at the time. Imagining what could be is integral to Rauenhorst philanthropy. Karen Rauenhorst, Gerald’s daughter-in-law, remembers family gatherings where the conversation centered around the work of foundations and what was happening in the community. “It was something I always enjoyed,” she says. “It’s how I got involved in philanthropy.”

Gerald and Henrietta Rauenhorst meeting with Saint Teresa of Calcutta in 1981.

8 9 Karen joined CCF’s board of directors in its second year of operation. “His intention was At a time when news reports about the Church can be disheartening, both Amy and Karen The focus at the time was on growing the Foundation. “In the early agree that CCF gives Catholics a reason to hold their heads high. “CCF can really shine a light days, it was all about boots on the ground and getting people to put that the Catholic on all the incredible community service that’s been inspired by Catholic social teaching,” resources into donor advised funds,” Karen recalls. It was such a Amy says. new idea that even convincing Catholic-led organizations to invest community be was a challenge. But dollar by dollar, CCF’s resources grew. Karen credits Gerald and his fellow visionaries for coming up with a model that works. “Gerry recognized that this foundation has to be collaborative and independent, and it must Over the years, the Foundation established itself as a hub for galvanized to make respect donor intent.” Catholic donors, creating strong partnerships with parishes, a difference not just charities, and investment services that give donors more choices Amy thinks her father would be pleased to see the for impactful giving. Foundation’s progress after 25 years. “His intention was for Catholics, but for that the Catholic community be galvanized to make a Amy Goldman, the youngest of Gerald and Henrietta’s children, difference, not just for Catholics, but for everyone. is CEO of GHR Foundation, a private foundation endowed by the everyone. And that’s And that’s what CCF is doing.” l couple. GHR collaborates with CCF to support Catholic schools serving low-income youth, which Amy believes have a role to play what CCF is doing.” in closing the achievement gap. “CCF brings Catholic voices and Catholic concerns to challenges within the broader community,” Amy explains. “They’re harnessing the collective power of donors and working with partners to achieve things that individual donors couldn’t do on their own.” Karen Rauenhorst also partners with CCF through her work with the Aim Higher Foundation, which also supports student access to Catholic education. “CCF can bring people to the table,” Karen observed. “They understand the needs in the community and how to address them.”

Above: Amy Rauenhorst Goldman Left: Karen Rauenhorst

Gerald and Henrietta Rauenhorst on their first date at St. Thomas’ Tiger Homecoming Dance.

10 11 Legacy Society Members

The Legacy Society honors A William Altenhofen † Dr. Paul and Ann Dickinson Rev. Msgr. Patrick Hessian † Eunice Kuehn Sally Moran and Raymond Wey Margaret Ryan † JoAnne Streich † Bernadette Amerongen Drs. Mark Diekmann and Eugene and Barbara Hickok Kathryne Kuhns Rodger † and Marjorie Mountain Rev. Patrick J. Ryan Michael and Marilyn Sullivan individuals and families who Charles R. and Viola † Amundsen Deborah Pryor-Diekmann Rev. Mr. Gary and Jacqueline Hoffman L Suzanne Laddusire Barbara Mulcahy S Robert and Mary † Sahli Carol A. Swanson John and Elsie Andraschko Thomas and Betty Nell Dolan Thomas and Patricia Holloran Joseph and Teresa Lahti Harold and Bernice Mullen Robert F. and Kathleen M. Sather Steven B. Szarke have entrusted their charitable Walter Andrychowicz † James and Christine Doody Marjorie Horst † Stewart and Kathleen Laird James and Franchelle Mullin M. Scott and Ellen Sayer T Gerald † and Bernice Tacheny John and Kim Arens Dr. George C. and Patricia Dorsey † Marjory Hougher † Carlo and Virginia LaManna Sr. Katherine Mullin, VHM James and Mary Schacker Dr. Joseph and Mary Thul legacy to the perpetual and Filemon † and Shirley Asuncion Most Rev. Paul V. Dudley, D.D. † Rev. Leo Huber † Louis and Loretta Langer Richard Mullin and Mary Joanne Henry Roger and Irma Scherer Rev. Michael M. Tix James A. Audette Thomas and Hannah Dzik Patricia Huber and Jerry Cawley Phyllis A. Langfield William † and Chouhei Min Mullin Bernadine E. Schmidt Leonard and Lois Tracy † faith-consistent stewardship B David and Rita Baden E Alfred and Mary Elder Thomas and Julie Hurley Robert † and Maureen Lannan Catherine Grace Murphy † Rev. George V. Schmit, Jr. Michael and Michele Traeger Patrick and Sandy Baldwin Donald and Marilou Eldred Carolyn Huston James and Barbara A. Larkin † William Murphy Ronald and Nadine Schoenborn Margaret A. Turner † of the Catholic Community Severne M. Banack Thomas and Patricia Emmer Clarence and Bernice Hynes Robert and Florence Larkin † N Martin E. Newell † Robert and Marianne Schoenecker Donald and Jolene Twombly Donald † and Margie Bartho Larry and Janet Enerson I Shaun Irwin Peter and Mary Larsen Timothy P. Nichols Marguerite Schoengart V Bernard † and Kathleen Vagnoni Foundation. We are deeply William L. Belkengren Theodore A. and Mary Estrem † J Richard and Ruth Ann † Jacobs Philip P. LaVelle † Mickey K. Nickelson William and Ranee Schouviller Lawrence and Suzanne Vanden Plas Robert and Mary Belongie F Raymond and Genevieve Feltl † Len and Bea Japs † Maurice and Alice Leuthner Robert A. † and Helen Nicklaus Elizabeth Schreiner Roger and Lynn Vasko grateful for their dedication and Karl A. Berndt † Susanna Fleischhacker † Donald and Marian Jardine † Diane Liemandt-Reimann and F. Gerald and Monica M. Nilles Mary J. Schubert Pete Vestol † Mary M. Bettenburg Rev. Martin P. Fleming † Leo and Arlene Jarombek † Ron Reimann Gregory and Kunthida Novak Ed and Mary Schumacher Nancy Villwock charitable vision. To explore Richard and Carol Biniek Richard H. and Margaret Fleming † Ray † and Cleorie Johnson James F. and Eleanor Lyons † Rev. Robert C. Nygaard Steven Schuster W Bill † and Barbara Wagner Earl and Lorraine Blaylock † Paula Flück Warren E. Johnson † M Daniel † and Jean MacDonald O Kay O’Brien Bunker † Kenneth Schwalbach † and Jan Kohler Yvonne B. Wagner † making a charitable gift that Dolores A. Blenkush † Most Rev. Harry J. Flynn, D.D. Clarence and Clara Jorgensen † Sheila MacDonald † Richard and Suzanne Opitz Ann and Peter Schweitzer Charles and Denise Waletzko Warren H. † and Marilyn A. Blomquist James and Elizabeth Foley Paulette Joyer Daniel and Petty Malecha P Phil and Connie Paquette Kenneth W. Scully † Donald and Mary Waletzko will last forever, we invite you to Harold J. and Patricia R. Boerboom † Lyle W. † and Barbara Franke Thomas and Shirley Jungels Catherine Marien † Rev. William Paron Thomas and Janice Segar Rev. Msgr. John C. Ward † Patricia Borre Francis and Jean Franta K Mary F. Kading † Barbara Martin Harold and Wendy Parsons James and Lucia Seidel Marlys J. Weber contact our gift planning staff at Daniel and Mary Jane Borrell Joleen R. Franta † Charlotte M. Kangas † John A. and Dorothy Matschi † Robert and Rita Peichel Greg and Sara Seifert Rob and Mary Weber Ellen Cull Bouslough † Eugene and Mary Frey Anne Keller Lawrence J. † and Barbara Matthews Wayne and Patricia Pelzel David and Patricia Serreyn William Wegscheider † 651.389.0300. Dr. R. Michael and Sharon Bowen Rev. Francis Fried Barbara A. Keller † Francis N. and Mary Louise Mayer † Warren † and Rachel Pennig Dr. Gregory M. Sheehan Jerome and Mary Ann Weigenant Harold Brady Clara Fulton Bernice Kelly † Eugene † and Marian McCarty Ebert Valeria Pezzani † John L. Shrake † Don † and Arlene Welbes Milton and Adeline Brecke † G Thomas Gainor and Jan Nolan Gainor Gerald † and Charlotte Kelly Darrel and Glenda McDonald † Henry and Dorothy Piché † Mark A. Shrake Albert J. † and Mildred Wesely The † symbol denotes Legacy Jerome Brown † Elizabeth A. Gardner Clarence and Dorothy Kelzer Rev. Kevin McDonough LeRoy † and Cecilia Piché Rev. Leonard F. Siebenaler Thomas J. and Gloria Wesely John and Betty Bruender Rev. Msgr. Francis J. Garvey † Lorraine A. Kelzer Hugh McElroy Mildred J. Pike † Nicholas G. and Susan † Simons Bob and Mary Wesslund † Society members who have Rev. John Brunner Ronald and Brenda Gieneart Mary Kay Kennedy Rosemarie M. McGiffin Ron Plante Rev. Robert Sipe Judith Whitacre Frank J. Bruns, Jr. Philip † and JoAnn Gitter Robert and Margaret † Keppel Jay McGivern Terrance Plante Brien Slawik and Monika Strom George and Dorothy White † passed. Please hold them in Raymond S. and Helen K. Brya † Rev. Robert P. Goblirsch Adella P. Kerber † Lawrence and Andrea † McGough Arthur Popehn Harold and Sharon Slawik Kathleen M. Wichmann Leona L. Burke † Richard and Delphine Goldstrand † Edwin Kerber † Michael and Janet McGough Rev. Francis Pouliot Jerome and Delores Slawik Richard † and Sunny Wicka your thoughts and prayers. J. Donald Burns and Suzanne Renwick Edward and Barb Gorski Elizabeth J. Keyes Timothy J. McGough Robert † and Dorothy Prax Rev. Stanley V. Sledz Angela R. Widi † Thomas L. Busch Thomas and Joleen Greene Ralph and Bette Keyes † Dorothy A. McGuire Alexander † and Caroline Puzak George A. and Jeanne Slipka † Martha H. Wiggins † Vivian Byers † John and Patricia Gries Harry H. and Audrey Kirby † Peter J. † and Mary McKenna R George † and Anne F. Raiche Ronald and Mary Smith Theresa Wilkes Bolded names denote members Rev. Albert Byrne † Julie Grill Rev. Francis R. Kittock Mary Cullen McKeown and Fred J. Ranallo † Stanley and Gladys Sommers † Rose Williams C Frances H. Callaghan † Dr. Joseph and Clarice Gryskiewicz James † and Mary Z. Klein Tom McKeown Arnold † and Deanna D. Rasmussen Robert L. and Lucille Speeter † Steven and Lynn Wolf inducted into the Legacy Society Francis and Ruth Callaghan † Robert † and June M. Gust John L. and Kathleen † Kokesh Michael McNamara and Dr. Mary R. Reichardt Rev. Msgr. Stanley J. Srnec † Daniel T. Wolfe and Carol Frey Wolfe William C. and Connie D. Carroll † H Rev. Paul J. Hadusek † John L. † and Rajah Kolb Mary Beth O’Reilly William and Joanne Reiling John and Nan Steger Rev. Richard J. Wolter † this past year. Joseph and Fern Check † Edward S. and Margaret Hagerty † Richard and Karen M. Koppy Richard and Carol McNamara Drs. James and Christine Renier John and Eleanor Steichen Genevieve R. Woods † Donald and Oma Christle † Raymond and Sally Haik Joan C. Korkowski John and Jane McNeill John J. and Eleanor Reusch † Agnes Stensby Rev. Msgr. Robert J. Wyffels † Robert and Judith Claflin Mary Ellen Halverson Richard † and Mary Anne Kramer Aida Mendez and Raul Andruet Richard G. and Dorothy Revord † Florian J. Sterner Y Alma E. Young † Alfred G. Colling Mimi and John Harrigan Dr. Stephen and Marla Kramer Susan D. Meneely Br. William Rhody, F.S.C. † Mark and Lee Ann Sticha Z Richard D. Zarneke Clement and Molly Commers Hazel C. Heim † Vivian Kratz † Gerald and Kathleen Meyer Gerald and Diane Riebel William † and Anne Stocks Germaine Zeglin † Dr. Joseph P. and Louise Connolly † Quentin † and Sally Heimerman Norbert and Teresa Krenik Doug and Sandy Milroy Most Rev. John R. Roach, D.D. † Gertrude C. Stoltz † Leonard † and Irene Zvanovec Norb and Mary Ellen Conzemius George and Katherine Henrich Thomas L. and Janet Krocheski Luther J. and Gertrude E. Moen † Robert J. and Dorothy H. Roth Clara Storms † D William and Marilyn Dejarlais Julia F. Herl † Rev. Alphonse Kubat † Kathryn Doyle Mooney † John † and Carol Rueb Robert and Anne Strachota Rev. Dennis K. Dempsey Lawrence and Barbara Hessburg Kathryn Kubinski

12 13 Having the Right Staff at the Table Norb Conzemius Knows People Make the Difference

With many years of business experience under his belt, Norbert “Norb” best is right in our own backyard. Anne was right there. She was very Conzemius knows what it takes to run a successful enterprise. The motivated and involved.” decades he spent as a bank executive, the years he worked to turn around a small manufacturing company, and the many boards on Along with effective leadership, Norb touts CCF’s knowledgeable staff, which he served give his opinion real weight. who provide excellent service. “When you call the Foundation with a question, you get an immediate answer.” So when Norb says the Catholic Community Foundation (CCF) is a well-run operation, it’s an endorsement worth noting. Norb completed Norb’s wife, Mary Ellen, also likes how easy the Foundation has made it his nine-year term on CCF’s board in 2016, and he’s quick to list a host of to manage their donor advised fund online. “The fund summary gives me reasons for the Foundation’s success. “Good investment performance, a list of all our past contributions. Once I’ve filled out the form, I just click low charge rate for fees and services, and a great staff all make it on where we want the funds to go.” successful. Plus, the organization really understands Catholic needs.” In addition to their donor advised fund, Norb and Mary Ellen have Those attributes have helped make CCF the largest Catholic community endowments with CCF to support Catholic education. “Mary Ellen and I foundation in the country, an accomplishment Norb cites with were both beneficiaries of Catholic schools from kindergarten through satisfaction. “CCF is a real leader nationally,” he says. “We set the college, as were our children, so supporting those schools is important.” standard for how this type of foundation should be run.” An alumnus of Cretin, Norb’s endowment to support Cretin-Derham Hall High School was one of the Foundation’s first. They also have an Success starts at the top, and Norb says the Foundation has been endowment to support St. Catherine University, Mary Ellen’s alma mater. blessed with strong leaders, beginning with Jim Mullin, followed by Marilou Eldred, and now the current president, Anne Cullen Miller. As a member of CCF’s strategic planning committee, Norb is genuinely excited about the Foundation’s path forward. “When you look at our Norb’s proud of the fact that he helped promote Anne as Marilou’s leadership, the staff, and board members, it’s clear we have the right successor in 2013. He was vice chair of CCF’s board at the time and people at the right time. When you’ve got that part figured out, skeptical of bringing in an outsider to run the Foundation. “So often the anything’s possible.” l

14 Photo by Dave Hrbacek, The Catholic Spirit 15 Endowed Funds

An Endowed Fund is a A Annunciation Endowment Fund, Minneapolis G Gainor Endowment Fund Donald and Bernice Messerich Family Charitable Fund Cole Richardson Endowment Fund Archdiocesan Venezuelan Mission Endowment Fund Msgr. Francis J. Garvey Endowment Fund Milroy Family Designated Endowment Fund Most Rev. John R. Roach Endowment Fund permanent gift that will provide B Severne M. Banack Endowment Fund Richard and Delphine Goldstrand Charitable Endowment Fund Phillip and Barbara Milroy Cathedral School Scholarship Endowment S Sacred Heart Fraternity of Secular Franciscan Endowment Fund Benilde-St. Margaret School Endowment Fund, St. Louis Park Good Shepherd School Education Endowment Fund, Golden Valley Fund, Superior, WI George and Evelyn Sayer Scholarship Endowment Fund for St. John a perpetual source of funding Blessed Virgin Mary Charitable Endowment Fund Tom and Joleen Greene Family Endowment Fund Ministerial Enrichment Endowment Fund the Baptist, Excelsior Harold and Patricia Boerboom Priests Retirement Endowment Fund John and Patricia Gries Endowment Fund Missionary Sisters of St. Peter Claver Endowment Fund Ronald and Nadine Schoenborn Endowment Fund to designated charities or Jerome J. Brown Endowment Fund Growing in Faith Endowment Fund Molz Family Endowment Fund Kenneth W. Scully Endowment Fund Brown-Mountain Family Advised Endowment Fund Guest House Endowment Fund Kathyrn Mooney Endowment Fund for Annunciation Seifert Family Endowment Fund charitable causes. With an Brya Family Endowment Fund Guild of Catholic Women Endowment Fund Church, Minneapolis David and Patricia Serreyn Endowment Fund Robert and Dolores Buril Endowment Fund H Haugh Family Endowment Fund for Catholic Teachers and Religious Kathyrn Mooney Endowment Fund for Basilica of St. Mary, Dr. Gregory Sheehan Scholarship Endowment Fund Endowed Fund, charitable Burns Family Charitable Endowment Fund Education Directors Minneapolis Sisters of the Good Shepherd Endowment Fund Vivian M. Byers Endowment Funds for Education Haugh Family Endowment Fund for Tuition Support of Kathyrn Mooney Endowment Fund for Catholic Charities Skipper Slawik Endowment Fund giving lives on for countless C Carondelet Life Care Ministries Endowment Fund Elementary Schools Kathyrn Mooney Endowment Fund for St. John Vianney Seminary Rev. Henry J. Sledz Endowment Fund for New City Ministry Connie D. and William C. Carroll Scholarship Endowment Fund Hazel C. Heim Endowment Fund Kathyrn Mooney Endowment Fund for St. Olaf Catholic Slipka Family Charitable Endowment Fund generations. Anyone can Cathedral Foundation Endowment Fund Jack and Barbara Hessburg Charitable Endowment Fund Church, Minneapolis George and Jeanne Slipka Charitable Endowment Fund Catholic Youth Camp Endowment Fund Msgr. Patrick J. Hessian Endowment Fund Kathyrn Mooney Endowment Fund for St. Stephen Spiritual Formation of Teachers Endowment Fund create an Endowed Fund Center for Mission Endowment Fund Earl and Kathy Hoagland Sacred Manoomin Endowment Fund Church, Minneapolis St. Catherine University Endowment Fund Cerenity-Marian Center of St. Paul Catholic Service to the Elderly Dcn. Gary and Jacqui Hoffman Scholarship Endowment Fund for W. Edward Mullin and Mary Hester Mullin Charitable St. John School Endowment Fund, Little Canada at the Catholic Community Endowment Fund , Edina Endowment Fund St. John the Evangelist Tuition Assistance Endowment Fund, Joseph and Fern Check Legacy Endowment Fund Dcn. Gary and Jacqui Hoffman Scholarship Endowment Fund for Catherine G. Murphy Endowment Fund for Catholic Charities Little Canada Foundation to support causes Community Priorities Endowment Fund St. John the Baptist, Excelsior Catherine G. Murphy Endowment Fund for St. Paul Seminary St. John Vianney Seminary Endowment Fund Conzemius Endowment Fund for Thomas and Patricia Holloran Catholic Charities Endowment Fund Catherine G. Murphy Endowment Fund for St. Thomas More St. Joseph Parish Endowment Fund, West St. Paul near to their heart. Cretin-Derham Hall Rev. Leo Huber Charitable Endowment Funds Church, St. Paul St. Joseph’s Home for Children Endowment Fund Mary Ellen Priebe Conzemius Endowment Fund Hurley Family Caritas Fund N Nativity of Our Lord Endowment Funds, St. Paul St. Mark Scholarship Endowment Fund, St. Paul Cora Cooty Endowment Fund I Immaculate Conception Church Endowment Fund, Columbia Heights Nazareth Hall Endowment Funds St. Michael Church Endowment Fund, Stillwater Rev. Francis Costiou, OMI Memorial Endowment Fund Immaculate Heart of Mary School Tuition Assistance Endowment Newman Center University Christian Studies Endowment Fund St. Michael Religious Education Endowment Fund, Stillwater Crosier Fathers and Brothers Endowment Fund Fund, Minnetonka Nilles Family Endowment Fund St. Paul Seminary Endowment Fund D Demontreville Jesuit Retreat House Endowment Fund J Jeffery Paul Johnson Memorial Endowment Fund Alex and Loretta Novak Family Endowment Fund St. Paul’s Outreach Endowment Fund Bolded fund names indicate Diaconate Educational Assistance Endowment Fund K Margaret D. Kane Endowment Fund O Our Lady of Good Counsel Endowment Fund St. Peter School Tuition Assistance Endowment Fund, North St. Paul William C. and Corinne J. Dietrich Charitable Endowment Funds Sr. Brenda Kelzer Scholarship Endowment Fund Our Lady of Peace Education Endowment Endowment St. Peter Claver Tuition Aid Endowment Fund, St. Paul funds established in fiscal Maureen Dolan Jurek Charitable Endowment Fund Abigail Kiesner Endowment Fund for Advancement of Fund, Minneapolis St. Rose of Lima Tuition Assistance Endowment Fund, Roseville Edward and Margaret Dudley Memorial Endowment Fund Professional Women Our Lady of Peace Home Endowment Fund St. Thomas Academy Endowment Fund year 2018. E Elder Family Endowment Fund Dr. Ellsworth and Mae F. Kneal Endowment Fund P Phil and Connie Paquette Charitable Endowment Fund St. Thomas Aquinas Catholic School Endowment Fund, Marilou Eldred, Ph.D. Legacy Endowment Fund Elaine and Allen Kolles Endowment Fund Fr. William J. Paron Endowment Fund International Falls Estrem Family Endowment Fund L Carlo J. LaManna Family Scholarship Endowment Fund for Patrons of St. Anne School Endowment Fund, Le Sueur Star Family Endowment Fund F Family of Faith Catholic Charities Endowment Funds St. Paul Seminary Valeria Pezzani Endowment Funds T Sr. Jean Thuerauf Endowment Fund Family of Faith Education Assistance Endowment Fund Carlo J. LaManna Family Scholarship Endowment Fund for Piché Family Endowment Fund Total Life Care Centers Endowment Fund Family of Faith General Endowment Fund Tuition Assistance Anthony and Melva Pierce Endowment Fund Trinity Foundation Educational Endowment Fund, St. Louis Park Family of Faith Religious Education Endowment Funds Lannan Family Endowment Fund for St. Thomas Academy Arthur J. Popehn Family Foundation Endowment Fund V Corinne Van Heel Endowment Fund Family of Faith Support and Education for Priests Endowment Fund Fr. Patrick Lannan Endowment Fund Donald and Veronica Poquette Charitable Endowment Fund Norman W. and Nancy B. Villwock Family Endowment Fund Family of Faith Tuition Assistance Endowment Funds Robert E. and Florence D. Larkin Charitable Endowment Fund Preaching and Presiding Institute Endowment Fund W Wagner Family Endowment Fund Raymond and Genevieve Feltl St. Joseph Church Endowment Philip P. LaVelle Charitable Endowment Fund Priests Continuing Education Endowment Fund Joseph and Angeline Waletzko Scholarship Endowment Fund Funds, Hopkins Lenzmeier Family Endowment Fund Priests Retirement Endowment Fund Wegscheider Saint Paul Seminary Endowment Fund Fleming Family Charitable Endowment Fund Clara Hill Lindley Clergy Endowment Fund R Rauenhorst Family Scholarship Endowment Fund Robert and Mary Wesslund Endowment Fund for St. Odilia Florence A. Florance Scholarship Endowment Fund for Academy of Erasmus C. Lindley Charitable Endowment Fund William and Joanne Reiling Endowment Fund Church, Shoreview Holy Angels Lyons Family Tuition Assistance Endowment Fund Carl J. Remick, Jr. Endowment Fund Martha H. Wiggins Charitable Designated Endowment Funds Florence A. Florance Scholarship Endowment Fund for DeLaSalle M Catherine O’Connor Marien Legacy Endowment Fund Jim and Chriss Renier Scholarship Endowment Fund Otto C. Winzen Charitable Endowment Funds High School Mary Mother of God Endowment Fund, Duluth Respect Life Program Endowment Fund Emil and Julia Wittman Memorial Endowment Fund Archbishop Flynn Legacy of Faith Endowment Fund Burt and Patricia McGlynn Family Scholarship Endowment Fund Richard G. and Dorothy E. Revord Family Charitable Rev. Richard J. Wolter Endowment Fund Friends of Catholic Urban Schools Endowment Fund O. Bernard and Dorothy Ann McGuire Tuition Assistance Endowment Endowment Funds 16 Fund for St. Mark School, St. Paul 17 Asking the Right Board Members to the Table John Beuerlein Describes the Impact of Improving Returns

In 2007, shortly after being recruited to serve on the Catholic Community It took several years of smart decision-making and portfolio adjustments Foundation’s (CCF) investment committee, John Beuerlein recalls having by John and his colleagues on the investment committee to gradually lunch with then-president, Marilou Eldred, who walked him through boost returns. By 2014, shortly after John was named vice chair of the how the Foundation worked. “She explained things like the difference Foundation’s board of directors, CCF stopped running annual deficits between a donor advised fund and an endowment, and it all made sense altogether, making it the only self-sustaining Catholic community pretty quickly,” John recalls. foundation in the nation. “We turned a major corner that year,” John recalls. “Since then, CCF’s returns have been very competitive with the While John was new to the Foundation, he’d been managing money for returns of comparable foundations.” the Pohlad Companies since 1991 and had exactly the kind of financial expertise and investment savvy CCF needed to get to the next level. John That fundamental change opened up new opportunities for the was happy to help, as he explains, “Any opportunity to work with a good Foundation to make an impact. “Within the last couple of years, we’ve group of Catholic people is always attractive to me.” been able to focus on doing what we’re supposed to do, which is identify needs in the Catholic community and direct dollars there,” John says. At the time John joined the investment committee, the Foundation was focused on building up assets and achieving viability. “Expenditures CCF’s new focus is also reflected in the board’s leadership. John’s were greater than revenue back then,” John points out. “So each year, we successor as vice chair, Tom Letscher, has expertise in grantmaking, needed help from the board members to balance the budget.” helping the Foundation expand its role within the philanthropic community. Improving investment performance was a critical next step for the Foundation’s success. “When you’re managing other people’s money, Now that John and his wife, Cindy, have opened their own donor they want to know that they’re getting close to market returns, which was advised fund, he expects to be involved long after his term on CCF’s a challenge for us at the time.” John understood that underperforming board expires in 2019. With strong leadership on the board, John sees returns would continue to be a barrier to attracting new donors. a bright future for CCF. “Everything at the Foundation is firing on all cylinders,” John says. “It’s inspiring how people can share assets for the overall good of the community.” l

18 19 Donor Advised Funds

A Donor Advised Fund A Abele Family Charitable Fund Enestvedt Family Charitable Fund Delores and Bernard Hofschulte Family Letscher - Glancy Family Fund P P and R Charitable Fund Ronald and Mary Smith Charitable Fund ABPI Fund Greg and Beth Engel Fund Charitable Donor Advised Fund Morrie and Alice Leuthner Charitable Fund H. William and Molly Park Family Fund MCJ Snyder Charitable Fund facilitates intentional Archdiocesan Urban Schools-Pohlad F F. M. Farrell Family Fund Thomas and Patricia Hooley Family Liemandt Family Fund Harold and Wendy Parsons Fund St. Clare Charitable Fund Family Gift Fund Fatima Charitable Fund Charitable Fund Logan Family Fund Richard and Karen Pearson Family Fund St. Francis Fund charitable giving in an easy- B Jo and Gordon Bailey Family Fund Finley Family Fund Bruce and Pat Huber Charitable Fund Richard and Jean Lynch Fund Peichel Family Charitable Foundation Fund St. Maximilian Kolbe Fund International Beddor Fund Fleming Family Charitable Fund Huberty Family Fund M Fr. Stan Mader Fund Pelner Family Charitable Fund John and Margaret Staiger Family Fund to-use format. Donor Advised William Belkengren Charitable Fund Archbishop Harry J. Flynn Charitable Fund Hurley Family Fund Ernie and Susan Maier Fund Petesch Family Charitable Fund R and M Stark Fund Antonio and Cecilia Bernardi M. and M. Flynn Charitable Gifting Fund Thomas and Julie Hurley Fund Maley Family Fund Pfohl Family Fund Sticha Family Charitable Fund Funds can be used to plan Charitable Fund Peter and Mary Jo Forrest Family Fund J J and L Fund Mannix Family Fund Pihlstrom Family Fund Stocks Family Fund John and Cynthia Beuerlein Francis of Assisi Fund Jack and Kay Jasper Family Donor Joseph D. and Patricia Kalil Margarit Family Fund Pulles Catholic Family Fund Mary and Steve Stolz Fund giving annually and over a Family Fund Francois Family Charitable Fund Advised Fund Martin Family Fund R Tom and Mollie Raih Family Fund T Fr. Ralph Talbot Fund Bott Family Charitable Fund Franske Family Fund JC Creation Fund Steven and Helen A. Masica Family Fund Judith Rauenhorst Mahoney Family Tautges Family Fund lifetime. Michael and Dolores Boyle Family Eugene U. and Mary F. Frey Fund Mark Joerger Family Fund Mary Lou Mathiowetz Charitable Fund Foundation Fund Tholkes Family Charitable Fund Charitable Fund Friends of East Africa Fund David Johanneck Charitable Fund Marjorie Mathison Hance Charitable Fund Donald and Jean Regan Fund for Hill Murray Jeanne Thomas Charitable Fund Bradley Family Godshare Fund Furness Family Fund Norbert and Veronica Johanneck John J. and Mary Anne T. Mauriel Charitable Fund Sean O. and Mary D. Regan Family Fund Tiffin Family Fund John F. Brandes Fund G John and Emily Gainor Family Fund Charitable Fund McCloughan Family Fund Jim and Chriss Renier Fund Tinucci Family Charitable Fund Richard and Lorraine Brasket Fund Gazelle Legacy Fund JM Joos Fund McElroy Christian Youth Ministry Fund Reserve Township Fund Khanh Tran and Kim Vu Charitable Fund Brennan Family Charitable Fund Gary and Joan Geurts Fund Thomas and Shirley Jungels Family Fund Andrea and Larry McGough Charitable Fund Michael and Connie Ricci Family Fund John and Bonnie Treacy Family Fund Bolded fund names indicate Peter and Maura Brew Family Fund Betts and Don Giefer Fund K Gregory and Michelle Keeley Family Fund Leo and Mary Kaye McGough Charitable Fund Erwin and Hedwig Riesgraf Family Fund Jeff and Susan Turner Fund Bruski Family Charitable Fund Gleason Family Fund Clarence F. and Dorothy A. Kelzer Fund McGrath Family Fund Janet M. Robert Charitable Fund Twomey/Lord Charitable Fund funds established in fiscal Florian J. and Dorothy M. and Thomas L. God’s Gift Through S and G Fund Thomas and Diane Kemper Family Mary Cullen McKeown Charitable Fund Roessler Family Fund U Underwood Sullivan Advised Fund Busch Charitable Fund Michael and Susan Gores Family Fund Charitable Fund John D. and Jane A. McNeill Family Donor John and Carol Rueb Fund Utoft Charitable Fund year 2018. C Canto Family Fund Tom and Joleen Greene Family Robert E. and Margaret M. Keppel Advised Fund Madonna Russo Charitable Fund Joseph and Nancy Utoft Charitable Fund Fred and Molly Commers Fund Charitable Fund Charitable Fund Kay Mellon Fund S Sayer Family Foundation Fund V Vanden Plas Family Fund Norbert and Mary Ellen Conzemius Fund Grommesh Family Fund Kiffmeyer Family Fund Melsen Family Charitable Funds Ellen and Scott Sayer Charitable Fund Gary and Sheri Vasko Family Fund Cook Family Charitable Fund Patrick and Sally Gruber Charitable Fund Klein Family Charitable Fund John and Patrice Menard Family Fund John E. and Carole A. Sayer Charitable Fund J and J Vierling Family Fund Cress Family Fund Grundtner Family Charitable Fund Leon and Kathleen Kline Family Ted and Laura Merriam Family Fund James C. and Mary E. Schacker Charitable Fund Bryan and Kimberly Volk Family Fund James Crow and Mary Quinn Crow Fund Guardian Angels Fund Charitable Fund Merrill Family Charitable Fund Scherer Family Fund W Wagner Family Charitable Fund James and Mary Crowley Fund H Dan and Colette Hagen Family Fund John and Maureen Knapp Family Fund MGR Fund Gary and Carolyn Scherer Fund Warner Family Fund Hugh and Melissa Cullen Family Fund Haik Family Charitable Fund Edward and Julianne Kocourek Bill and Julie Mikkelson Fund Georganne and Kristopher Scherer Family Fund Waterfall Fund Lillian Cummings Memorial Fund Halbur Family Fund Family Fund Mark Miller and Anne Cullen Miller Fund Ed and Ann Schlueter Stewardship Fund Jerry and Mary Welle Family Fund D Tony and Jennifer DelDotto Fund Juli and Paul Halverson Fund Emery and Karen Koenig Fund Mr. and Mrs. Douglas A. Milroy Fund Schmidt Family Fund Wenger Family Charitable Fund Deo Gratias Fund Jean Hammar Charitable Fund Kathleen and John Kokesh Fund Missions of Michael Fund Bernadine E. Schmidt Charitable Fund Wier Family Fund Russell Dickinson Celebrate Life Fund Harrington Family Fund Allan and Elaine Kolles Charitable Fund Dan and Sheryl Moran Donor Advised Fund Stephen and Carrie Schmitz Fund Wingerd Family Charitable Fund Diekmann Family Charitable Fund Harwood Family Foundation Kranz Family Fund Dr. John Morrison and Carrie Scherer Family Fund Marjorie J. Schneider Charitable Fund Michael and Pamela Wold Fund Dienhart Family Fund Mark Hazzard and Sharon Simonson Thomas and Janet Krocheski Mulcahy Family Fund James and Jan Schueppert Family Fund Steve and Lynn Wolf Fund Divine Mercy Charitable Fund Charitable Fund Charitable Fund James and Franchelle Mullin Fund Schuster Family Charitable Fund Woodlawn Avenue Fund Morgan and Celine Donohue Family Fund Healy Family Charitable Fund Kunkel Family Charitable Fund Les and Betsy Murphy and Pete and Judy Casey and Susan Scott Charitable Fund Wyatt Family Fund Adam and Kenna Dooley Family Fund Robert and Mary Healy Family Fund L Kevin and Maureen Lahr Fund Pedersen Fund Seagren Family Charitable Fund Y Jon and Kalley Yanta Family Fund Duc in Altum Funds Heimerman Family Charitable Fund Stewart W. and Kathleen M. Laird Brian and Michelle Murray Charitable Fund Segar Family Fund Young / Sassie II Fund Edward and Margaret Dudley Family Jack and Barbara J. Hessburg Fund Charitable Fund Musech Family Charitable Fund Greg and Sara Seifert Charitable Fund Z Richard D. Zarneke Charitable Fund Charitable Fund Hickok Family Fund Carlo LaManna Fund N Nangle/Naphin Family Fund Karen and Patrick Shrake Charitable Fund Edward C. and Marie C. Zech Fund DuFresne Family Charitable Fund Quentin J. Hietpas Fund Lang Family Charitable Fund Thomas and Mary Ann Newinski Family Fund Robert and Margaret Simmet Family Fund Marjorie Zeug Charitable Fund E Douglas M. and Kathleen A. Eiden Fund Fr. Jim Himmelsbach Fund David Lano Foundation Fund Nick and Rosie of Minneapolis Fund Thomas W. and Rebecca E. Sinner Fund Alfred O. and Mary A. Elder Earl and Kathy Hoagland Sacred Robert L. Lee and Mary E. Schaffner O Deborah and John Murphy O’Halloran Fund Harold and Sharon Slawik Fund Charitable Fund Manoomin Fund Charitable Fund Opus Prize Foundation Fund Jerome and Delores Slawik Fund Marilou and Don Eldred Charitable Fund Regina M. LeMay Charitable Fund Lawrence M. O’Shaughnessy Family Fund Robert and Diane Slayton Fund

20 21 Legacy Fund

The Legacy Fund allows A Anonymous Donors Brig. Gen. Leo C. and Rosemary Goodrich † Eugene † and Marion McCarty Ebert Kenneth and Mary Schaefer Bernadette Amerongen Frederick † and Barbara Gorka Malcolm and Mary McDermid Mary Schaffner and Robert Lee the Catholic Community Mary C. Anderson † Timothy and Mary Gray McGough Foundation Gary and Carolyn Scherer Betty S. Andrews Jim and June Gulden Larry and Andrea † McGough Roger and Irma Scherer Foundation to respond to James A. Audette H Albert and Colleen † Haik Monica E. McGough Roger † and Angeline Schnobrich B Gordon and Jo Bailey Quentin † and Sally Heimerman Timothy McGough Casey and Susan Ann Scott emerging, unmet needs in our G. Kendall and Nancy Baldry Paul and Moira Heinicke Joseph and Paula McGrath James and Lucia Seidel Glynn Behmen Thomas and Kathryn Hentges Mary Cullen McKeown and Jim and Annie Seidel community. We are grateful Robert and Mary Belongie John and Michelle Hickey Thomas McKeown Sexton Family Foundation James and Georgine Benoit Pat Huber and Jerry Cawley Harry G. McNeely Jerry and Marilyn Sexton for these donors who have John and Cynthia Beuerlein Richard Huberty and Jean Hurlbert Gregory and Barbara Melsen Michael and Charlene Sheahan John and Nancy Bierbaum Thomas and Julie Hurley Robert and Mary Mersky Terrance and Marlene Shelstad committed gifts to the Legacy Kerrie Blevins J Len and Bea Japs † Mary E. Michaels Mark A. Shrake Rev. David N. Blume John and Kay Jasper Anne Cullen Miller and Mark Miller Silver Lake Dental Fund and invite you to join them Fred and Sue Brass Craig and Patricia Jilk Herbert † and Elizabeth Mischke Harold and Sharon Slawik Gerald and Catherine Brennan Jerome and Rose Jungquist Angela Moloney Jerome and Delores Slawik in strengthening our community Thomas and Bea Brill † Paul J. Jungquist Thomas and Louise Montague Rev. Msgr. Joseph J. Slepicka John and Kathleen Burke K Greg and Michelle Keeley Virginia Mulcahy Rhonda Smieja together. The † symbol denotes Thomas L. Busch Barbara A. Keller † James and Franchelle Mullin Ronald and Mary Smith C Verle Carlin † Gerald and Phyllis Kelly Brian Murray and Shelly McGill Murray St. Paul Foundation Legacy Fund donors who have Josephine Benz Carpenter † John and Paula Kelly N George and Ann Nemanich Jack and Nan Steger Helen R. Coffey Elizabeth J. Keyes Lucille M. Nickolay John and Eleanor Steichen passed. Please hold them in Alfred G. Colling Jim Keyes William and Joan Nickolay Robert and Anne Strachota David Commers † and Mary Kay Knapp O Richard and Suzanne Opitz Dr. Richard and Kathleen † Student your thoughts and prayers. Janet Nelson Commers Paul and Alison Knapp P PadillaCRT Roger and Margaret Swenson Norb and Mary Ellen Conzemius Ed and Julie Kocourek Anita Pampusch and Frank † Indihar T Jeffrey and Jane Tegeler D Leo and Janis Dehler Emery and Karen Koenig David and Debbie Paquette John and Joann Theissen Lawrence and Mary DeMeules Stephen and Laura † Kolar Dr. H. William and Molly Park Alan and Monaliza Tholkes Scott and Jane Deming Philip Kunkel Valeria Pezzani † Louis † and Patricia Tinucci Diocese of New Ulm Margaret Kuznia Stuart and Margery Pihlstrom Donald and Dolores Traxler Bolded names denote donors Michael and Virginia Dwyer Donald and Joanne Kvasnicka Mildred J. Pike † Margaret A. Turner † E Edward Ehlenz L Timothy and Roxanne Lackas Raj and Marie Pillai V Lawrence and Suzanne Vanden Plas who made a gift to the Legacy Alfred and Mary Elder George and Carol Lang W. Ramon † and Marilyn Pogue Jules and Joseph Vierling Marilou and Donald Eldred Robert and Florence Larkin † Arthur J. Popehn Foundation Nancy B. Villwock Fund in fiscal year 2018 for the F William and Leveda Faulkner Steven and Joan Larson Premier Banks Leslie Vork Jim and Jane Fennell William and Jeanine Lauer R Pamela D. Rauen W William † and Barbara Wagner first time. Donavon and Joyce Fisher Brian and Jane Lavin Rauenhorst Family Foundation Marcella Flaten Wartman Paula Flück Dcn. Lawrence and JoAnn Lawinger Mark and Karen Rauenhorst William and Rosalie Weaver Robert and Sharon Flynn Steven and Mischelle Lentz Donald and Jean † Regan Thomas and Rose Winkels Gene and Mary Frey Thomas Leonard James W. Regan Otto C. Winzen Memorial Funds Rev. Francis L. Fried Tom Letscher and Sheila Glancy Letscher Kelly Regan Y Kathleen Yung James Frisell and Karen Knepper Frisell Maurice and Alice Leuthner Sean and Mary Regan Z Richard D. Zarneke G William and Barbara Gabler Robert Lloyd and Sally Rystrom Carl Remick Richard and Kathleen Zieman Bill and Joan Gacki M Malloy Montague Karnowski Radosevich Richard and Dorothy Revord † Thomas Gainor and Jan Nolan Gainor and Co., P.A. J. Peter and Mary Ritten Chuck and Arlene Garrity Renee M. Malloy Randall and Janet Rogers Michael J. Gerard Marjorie Mathison Hance Dolores M. Rufenacht Julie and Michael Gerend Lois Maturi S Timothy and Mary Scanlan

22 23 CCF’s in-depth knowledge of past, current, and proposed initiatives in the community — and our ability to connect community organizations with philanthropists who support their missions — not only satisfies that need for connection but also enhances the value of every dollar that flows through CCF to the community. “We identified two strategies to help us better steward our community insights,” explains Meg Payne Nelson, grants program manager for CCF. “First, we launched the Giving Insights forum series Nourishing Community which we hope will inform and inspire greater and more effective philanthropy. Second, we built an intentional grantmaking strategy to enhance the impact of our own grants.” Through Philanthropy GIVING INSIGHTS FORUM SERIES CCF’s Giving Insights forums convene thought leaders from national and local churches and nonprofits to discuss community needs and innovative approaches for meeting those needs. Nearly 300 Catholic philanthropists, community partners, and friends of CCF attended one or Satisfying Scarcity and the Need for Connection more of the three forums held in 2018. Each forum addressed a single question related to a critical need in our community. First, “Are Catholic Millennials engaging in their Catholic faith?” Second, “How do we help young At the Catholic Community Foundation’s (CCF) 25th Anniversary event, guests were mothers and their children in crisis break the cycle of poverty?” Finally, “Can urban Catholic elementary schools close the achievement gap and be self-sustaining?” invited to “Come to the Table” — a metaphor for breaking bread, sharing ideas, and “It was exciting to meet and hear from people who are equally passionate about Catholic living our gratitude for the gifts we’ve been graced to receive. education and philanthropy,” agrees Teri McCloughan, a CCF philanthropist and Giving Insights forum attendee. McCloughan also serves on the board of Risen Christ Catholic School, a dual-language immersion school As donors, parishes, and community organizations joyously gathered around in Minneapolis. Top: Jimmy Dunn (Church of the Annunciation) and Vincenzo Building on past success, CCF is planning to host another series Randazzo (Archdiocese of Saint the table CCF had set, it became apparent that CCF had built something more Paul and Minneapolis) discuss of Giving Insights forums. The lineup is impressive. In one event, ways to engage Millennials in their significant than a sum of charitable assets under management. CCF has also built Parish Catalyst’s John Poitevent will explain why he believes, Catholic faith. “A church without Millennials is a church without a future.” a philanthropic community that hungers for connection and insight. Above: Gloria Perez (Jeremiah A second gathering will focus on immigration and feature Program) and Lucy Zanders “the Pope’s favorite nun” and “champion of immigrants,” (Theresa Living Center ) answer Sister Norma Pimentel, M.J., executive director of Catholic questions about how to help young mothers and children in Charities Rio Grande Valley. The final forum will feature Sister crisis. John Mary Fleming, O.P., former executive director of the Secretariat of Catholic Education at the USCCB. Left: CCF board member Julie Hurley attends the Giving Insights Learn more and register at www.ccf-mn.org/forums. educational forum.

24 25 GRANTMAKING MILESTONES

1992 1998 2002 2002 CCF IMPACT GRANTS CCF is founded as part of Family CCF establishes the Community The Growing in Faith Campaign launches and In 2017, CCF’s grantmaking exceeded $10 million for the first time. While The new strategy includes an allocation for the President’s Fund designed of Faith Campaign. This campaign Priorities Fund to support at-risk CCF is selected to steward the endowment for the vast majority of those grants were directed by donors, more and to meet unanticipated or urgent community needs. The remainder will be created several endowments that children, young mothers, and the Catholic elementary education. This endowment more philanthropists are entrusting portions of their charity to CCF’s deployed as follows: perpetually support charities in elderly. Over its 17-year granting now provides $400K annually for tuition Total extensive knowledge of our local community. Anticipating the growth of the Archdiocese of Saint Paul history, this fund has awarded an assistance, school capacity-building projects, annual CCF these discretionary grantmaking dollars, CCF’s grants committee decided SPIRITUAL IMPACT GRANTS and Minneapolis. average of $84K annually for these and professional development for educators. grantmaking the time had come to perform a formal community needs assessment in Designed to revitalize parishes through engagement important populations. exceeds $5M order to create a strategy for CCF’s discretionary grantmaking. and evangelization of youth and young adults, especially for first time. Millennials. “It wasn’t a million-dollar undertaking,” says Meg Payne Nelson, program officer for CCF, who oversaw the effort. “It was an incremental, proportionate discovery process that reflected our commitment to SOCIAL IMPACT GRANTS 2006 2014 2015 2016 2017 careful stewardship of funds and grantmaking for greatest impact.” Intended to serve vulnerable populations through parish ministries that provide volunteers opportunities for CCF hires its CCF achieves full operational CCF adds Program First President’s CCF conducts a community In addition to reviewing critical community needs as identified by global encounter and accompaniment. first Grants self-sufficiency and makes its first Officerposition to staff Fund grants are needs assessment and national sources, input was solicited from leaders of local parishes Manager. $50K in discretionary grants from to facilitate a strategic distributed. to establish focused the Legacy Fund, which now planning process impact goals for its fully and nonprofit organizations as well as current CCF philanthropists, board EDUCATIONAL IMPACT GRANTS provides nearly $160K annually for discretionary discretionary grantmaking. members, and staff. Targeted to build capacity of Catholic schools; particularly for urgent and unmet needs in our grantmaking and those serving low-income populations and the Latino/ “Ultimately, there are a lot of great causes out there and no single community. manage CCF-directed Hispanic community. answer,” says CCF Grants Committee Chair Emery Koenig. “We looked grant programs. for synergies and areas where we were positioned to make the greatest “We found a golden thread that connected our social, spiritual, and impact.” educational impact mission areas,” explains Koenig. “When you see a Millennial helping a young, single mother, who may also be an immigrant, doesn’t that also have an impact on your parish outreach and education? 2017 2017 2018 2018 Absolutely.” To encourage endowment- Seeking to share its growing knowledge of CCF’s board of directors approves building, CCF starts the our local community, CCF launches the first CCF’s discretionary grantmaking “We are constantly inspired by the generosity of this community,” Partners for the Future Giving Insights forum series. Each forum Impact Goals. (To learn more, concludes CCF President Anne Cullen Miller. “Our Giving Insights program, which offers a featured a moderated panel of experts see opposite page.) forums and Impact Grant strategy are gifts we gladly brought to matching grant to parishes discussing critical needs in our Catholic the table in 2018.” l poised to establish a Total annual community. permanent endowment and CCF grantmaking planned giving program. exceeds $10M for the first time.

26 27 Institutional Endowed Funds

An Institutional Endowed Fund A Aim Higher Foundation Endowment Fund O Our Lady Cemetery Fund, Grove City St. John the Baptist Resurrection Cemetery Care and St. Peter School Tuition Assistance Endowment Fund, Assumption Cemetery Perpetual Care Trust Fund, Richfield Our Lady of Grace Church Fr. Robert T. Cassidy Scholarship Maintenance Fund, Excelsior North St. Paul is a permanent fund established C Carmen Pampa Endowment Fund, St. Paul Endowment Fund, Edina St. John the Baptist Capital Endowment Fund, New Brighton St. Philip Church Clifford and Audrey Olson Endowment Catholic Services Appeal Foundation Endowment Funds, St. Paul Our Lady of Grace Catholic School Endowment Fund, Edina St. John the Baptist Cemetery Endowment Fund, New Brighton Fund, Litchfield by an organization to support Center for Mission Alfred E. Hauwiller Endowment Fund, St. Paul Our Lady of Grace Endowment Trust Fund, Edina St. John the Baptist Operating Endowment Fund, New Brighton St. Pius X Permanent Endowment Fund, White Bear Lake Center for Mission Mustard Seed Mission Endowment Fund, St. Paul Our Lady of the Lake Cemetery Endowment Trust Fund, Mound St. John the Baptist Tuition Assistance Fund, New Brighton St. Richard BTCS Scholarship Endowment Fund, Richfield and sustain its own ministries. Center for Mission Fr. Karl Wittman, Anna Marie Eisenmenger and Our Lady of the Lake Parish Endowment Trust Fund, Mound St. John the Baptist Cemetery Endowment Fund, Savage St. Richard Undesignated Endowment Fund, Richfield Odo Reder Endowment Fund, St. Paul Our Lady of the Lake School Endowment Trust Fund, Mound St. John the Baptist Parish Endowment Fund, Savage St. Rose of Lima Legacy Fund, Roseville When an institution invests in CommonBond Communities Housing Endowment Fund, St. Paul Our Lady of the Lakes Perpetual Care Fund, Spicer St. John the Baptist Parish Endowment for Tuition Assistance St. Rose of Lima Parish School Mischke Family D Diocese of New Ulm Bishop LeVoir Catholic School Endowment Fund Our Lady of Peace Parish Endowment Fund, Minneapolis Fund, Savage Endowment Fund, Roseville a permanently endowed fund Diocese of New Ulm Archbishop John C. Nienstedt Catholic Schools Our Lady of the Prairie Parish Endowment Fund, Belle Plaine St. John the Evangelist Tuition Assistance Endowment Fund, Duluth St. Stephen Church Emmett and Augusta Goff Scholarship Fund P Pacem In Terris Endowment Fund, St. Francis St. John Neumann Parish Endowment Fund, Eagan Endowment Fund, Minneapolis at the Catholic Community F Faithful Shepherd Catholic School Rev. Charles V. Lachowitzer Pax Christi Community Endowment Fund, Eden Prairie St. Joseph Church Fr. Frank Brunner Endowment Fund, Montevideo St. Therese Advisory Fund, Deephaven Endowment Fund, Eagan Presentation of the BVM Grade School Parish Endowment St. Joseph Parish Faith Formation Financial Aid Endowment Fund, St. Therese Good Samaritan Endowment Fund, Deephaven Foundation, it makes a Franciscan Retreats Endowment Fund, Prior Lake Fund, Maplewood Red Wing St. Therese School Advisory Fund, Deephaven G Glenn Catholic Senior Communities, Inc. Fund, Robbinsdale Presentation Legacy Foundation Fund, Maplewood St. Joseph Perpetual Parish Endowment Fund, Rosemount St. Therese Pastoral Care Endowment Fund, St. Louis Park commitment to ensuring that Good Shepherd Endowment Fund, Golden Valley R Risen Christ Catholic School - John P. and Mary L. Byron St. Lawrence Catholic Church Endowment Fund, Duluth St. Thomas the Apostle Endowment Fund, St. Paul Guardian Angels School Trust Fund, Chaska Endowment Fund, Minneapolis St. Margaret Mary Endowment Fund, Golden Valley St. Thomas Aquinas Goldie and Lorraine Buda its mission continues on for Guardian Angels Capital Project Endowment Fund, Oakdale S Ss. Cyril and Methodius Church Dcn. John Matlon Memorial St. Mark Parish Endowment Trust Fund, St. Paul Scholarship Fund, St. Paul Park Guardian Angels Cemetery Endowment Fund, Oakdale Endowment Fund, Minneapolis St. Mark Peller Scholarship Fund, St. Paul St. Timothy Endowment Fund, Blaine future generations. Guardian Angels Arthur Hoff Endowment Fund, Oakdale Ss. Joachim and Anne Endowment Fund, Shakopee St. Mary Perpetual Care Endowment Fund, Arlington St. Victoria Cemetery Perpetual Care Endowment Fund, Guild Incorporated Endowment Fund, St. Paul Ss. Peter and Paul Parish Education Endowment Fund, Loretto St. Mary School Endowment Fund, Bird Island Victoria H Holy Family Church Seminarian Endowment Fund, Silver Lake St. Agnes School Scholarship Endowment Fund, St. Paul St. Mary Cemetery Fund, Olivia St. Victoria Parish Unrestricted Endowment Fund, Victoria Holy Name Endowment Fund, Minneapolis St. Albert Cemetery Perpetual Care Fund, Albertville St. Mary of the Lake Cemetery Perpetual Care Fund, White Bear Lake St. Wenceslaus Cemetery Endowment Fund, New Prague Holy Name of Jesus Church Good Samaritan Funds, Wayzata St. Albert the Great Endowment Fund, Minneapolis St. Matthew Education Endowment Fund, West St. Paul St. Wenceslaus Endowment Fund, New Prague Holy Trinity Operating Endowment Fund, South St. Paul St. Aloysius Cemetery Fund, Olivia St. Michael Cemetery Perpetual Care Fund, Farmington St. Wenceslaus School Endowment Fund, New Prague Bolded fund names indicate I Immaculate Conception Endowment Fund, Lonsdale St. Alphonsus School Teachers Development Endowment Fund, St. Michael Designated Endowment Trust Fund, Farmington T Transfiguration Church Ted Zarembski Scholarship Immaculate Heart Church Endowment Fund, Crosslake Brooklyn Center St. Michael Cemetery Fund, Milroy Endowment Fund, Oakdale funds established in fiscal Immaculate Heart of Mary Catholic Charities Endowment St. Alphonsus School Tuition Assistance Endowment Fund, St. Michael Church and School Advisory Fund, Prior Lake Trinity Founding Churches Educational Endowment Fund, Minnetonka Brooklyn Center St. Michael Endowment Fund, Prior Lake Fund, St. Paul year 2018. Immaculate Heart of Mary Faith Formation Endowment Fund, Minnetonka St. Ambrose Church Bishop Endowment Fund, Woodbury St. Nicholas Cemetery Perpetual Care Fund, Carver Immaculate Heart of Mary General Operating Endowment St. Anastasia Cemetery Perpetual Care Endowment Fund, Hutchinson St. Nicholas Endowment Fund, New Market Fund, Minnetonka St. Anastasia Endowment Fund, Hutchinson St. Odilia Prayer Garden Perpetual Care Fund, Shoreview Immaculate Heart of Mary Maintenance Reserve Endowment St. Andrew Parish Religious Education Fund, Montevideo St. Olaf Church Dorothy Ellstrom Endowment for Spiritual Fund, Minnetonka St. Anne Cemetery Endowment Trust Fund, Hamel Enrichment Fund, Minneapolis Immaculate Heart of Mary Scholarship for IHM Students Endowment St. Bernard Church Marie Tschida Pranke Scholarship Fund, St. Paul St. Olaf Church Endowment Fund, Minneapolis Fund, Minnetonka St. Bridget of Sweden Endowment Fund, Lindstrom St. Pascal Baylon Endowment Fund, St. Paul Incarnation Parish Endowment Fund, Minneapolis St. Cecilia John Mondati Endowment Fund, St. Paul St. Patrick Building Fund, Inver Grove Heights L League of Catholic Women Endowment Fund St. Croix Catholic School Endowment Fund, Stillwater St. Patrick Designated Endowment Trust Fund, Inver Grove Heights M M.T. Hill Archdiocesan Invalid Priests Trust Funds, St. Paul St. Croix Valley Faith Formation Endowment Fund, Stillwater St. Patrick Endowment Fund, St. Paul M.T. Hill Christian Brothers Trust Fund, St. Paul St. Eloi Parish Endowment Fund, Minneota St. Patrick / St. Francis General Endowment Fund, St. Paul M.T. Hill Cretin-Durham Hall Trust Funds, St. Paul St. Gabriel the Archangel Affiliated School Endowment Fund, Hopkins St. Paul Seminary General Seminary Endowment Fund, St. Paul N Nativity of Mary Endowment Trust Fund, Bloomington St. Gabriel the Archangel Endowment Fund, Hopkins St. Paul Seminary Msgr. Ambrose Hayden - Seminary Fund, St. Paul Nativity of Mary School Endowment Trust Fund, Bloomington St. Gerard Majella Endowment Fund, Brooklyn Park St. Paul’s Monastery Endowment Fund, St. Paul NET Ministries Alumni Endowment Fund, West St. Paul St. Helena Endowment Fund, Minneapolis St. Peter School Endowment Fund, Forest Lake NET Ministries Endowment Fund, West St. Paul St. Henry Cemetery Perpetual Care Trust Fund, Monticello St. Peter Catholic School Operating Endowment Fund, North St. Paul New Prague Area Cemetery Fund, New Prague St. Hubert Catholic Community Advisory Fund, Chanhassen St. Peter Cemetery Care Endowment Fund, North St. Paul St. Peter Parish Operating Endowment Fund, North St. Paul

28 29 Agency Funds

Catholic parishes, schools, A Annunciation Funds, Minneapolis St. Alphonsus Long-Term Investment Fund, Brooklyn Center St. Michael Jeanett R. & Lawrence F. Klein 20 Year Term Ascension Education Fund, Minneapolis St. Anastasia New Office Space Fund, Hutchinson Fund, Stillwater and institutions partner with Assumption 2000 Fund, Richfield St. Anne Fund, Hamel St. Michael Funds, St. Michael B Basilica of St. Mary Funds, Minneapolis St. Anne’s Educational Foundation Funds, Minneapolis St. Michael Funds, West St. Paul the Catholic Community Blessed Trinity Catholic School Endowment Fund, Richfield St. Anne-St. Joseph Hien Fund, Minneapolis St. Nicholas Funds, Carver C Cathedral of St. Paul Funds, St. Paul St. Anthony Perpetual Care Fund, Watkins St. Nicholas Fund, New Market Foundation to manage Catholic Cemeteries Funds St. Bernard School Fund, Cologne St. Odilia Endowment Fund, Shoreview Catholic Charities of St. Paul and Minneapolis Funds St. Bridget of Sweden Reserve Fund, Lindstrom St. Patrick Funds, Edina charitable assets. Always Catholic Senior Services Investment Fund St. Charles Borromeo Evangelization Endowment Fund, St. Anthony St. Patrick Long Term Care Fund, Oak Grove Center for Mission Fund, St. Paul St. Columba Fund, St. Paul St. Patrick Long Term Investment Fund, St. Paul taking into account the Corpus Christi Fund, Roseville St. Dominic Funds, Northfield St. Paul Church Fr. Tim Nolan Vocation Endowment Fund, D Diocese of New Ulm Fr. John Joyce Education Funds St. Edward Fund, Bloomington Ham Lake appropriate amount of risk, G Guardian Angels Funds, Oakdale St. Elizabeth Ann Seton Funds, Hastings St. Paul Seminary Investment Fund, St. Paul H Highland Catholic School Funds, St. Paul St. Francis Cabrini Sally Jernberg Memorial Fund, Minneapolis St. Paul’s Outreach Operating Reserve Fund, West St. Paul our portfolio balances the Hill-Murray School Tyler Family Tuition Fund, Maplewood St. Francis de Sales Funds, St. Paul St. Peter Parish Endowment Fund, Forest Lake Holy Childhood Long-Term Investment Fund, St. Paul St. Francis - St. James School Funds, St. Paul St. Peter Cemetery Care Operating Fund, North St. Paul twin objectives of investing in Holy Family Academy Endowment Fund, St. Louis Park St. Genevieve Capital Fund, Centerville St. Peter Funds, Richfield Holy Name Endowment Fund, Minneapolis St. Henry Cemetery Property Development and Capital St. Peter Funds, St. Peter a morally responsible manner Holy Name of Jesus Funds, Wayzata Improvement Fund, Monticello St. Peter Claver Funds, St. Paul Holy Rosary Catholic Church Capital Improvements St. John Investment Funds, Hector St. Raphael School Endowment Fund, Crystal while attempting to maximize Fund, Minneapolis St. John the Baptist Funds, Excelsior St. Rita Fund, Cottage Grove Holy Spirit Funds, St. Paul St. John the Baptist Funds, Hugo St. Rose of Lima Funds, Roseville total financial return over the I Immaculate Heart of Mary - St. Luke School Funds, St. Paul St. John the Baptist Funds, Jordan St. Stephen Catholic Church Fund, Minneapolis L League of Catholic Women Funds, Minneapolis St. John the Baptist Funds, New Brighton St. Thomas the Apostle Endowment Fund, Corcoran long term. Lumen Christi Funds, St. Paul St. John the Baptist Funds, Savage St. Thomas Aquinas Funds, St. Paul Park M Marquette School Endowment Fund, Virginia St. John the Baptist School Endowment Fund, Vermillion St. Thomas More Catholic Community Fund, St. Paul Mary, Mother of the Church Fund, Burnsville St. John the Evangelist School Endowment Fund, Duluth St. Timothy Funds, Blaine Mary Queen of Peace Funds, Rogers St. John the Evangelist Funds, Little Canada St. Timothy Funds, Maple Lake Maternity of Mary/St. Andrew Catholic School Investment St. John Vianney Seminary Investment Fund, St. Paul St. Vincent de Paul Funds, Brooklyn Park Fund, St. Paul St. Joseph Parish Fund, Montevideo St. Wenceslaus Funds, New Prague Most Holy Redeemer School Endowment Fund, Montgomery St. Joseph Calvary Cemetery Perpetual Care Endowment Fund, Most Holy Trinity Fund, Veseli Red Wing GIFTS TO SUPPORT OUR OPERATIONS N Nativity of the Blessed Virgin Mary Fund, Bloomington St. Joseph Funds, Waconia Nativity of Our Lord Endowment Trust Fund, St. Paul St. Joseph Funds, West St. Paul Although we don’t ask, we are grateful for these donors who have generously given NET Ministries Funds, West St. Paul St. Jude of the Lake Endowment Trust Fund, Mahtomedi O Our Lady of Grace Funds, Edina St. Katharine Drexel Building Fund, Ramsey gifts in support of our mission and outreach to the community this year. Our Lady of the Lake Funds, Mound St. Louis, King of France Funds, St. Paul Our Lady of Peace Funds, Minneapolis St. Luke Fund, Clearwater Our Lady of Victory Long Term Investment Fund, Minneapolis St. Maron Funds, Minneapolis R Risen Christ School Funds, Minneapolis St. Mary Fund, New Trier John and Kim Arens Donald and Jean † Regan S Sacred Heart Investment Fund, Robbinsdale St. Mary Funds, Sleepy Eye Dr. R. Michael and Sharon Bowen Kent and Muriel Roessler Ss. Joachim and Anne Funds, Shakopee St. Mary of The Lake Endowment Fund, White Bear Lake Catholic Financial Life Frederick and Alice Seagren Ss. Peter and Paul - Hunter Fund, Medina St. Mathias Cemetery Fund, Hampton GHR Foundation Inc. Sexton Family Foundation St. Adalbert Long-Term Reserve Fund, St. Paul St. Maximilian Kolbe Funds, Delano Timothy and Mary Gray Rev. Leonard F. Siebenaler St. Agnes Investment Fund, St. Paul St. Michael Funds, Farmington Edward and Julianne Kocourek St. Bernard’s Catholic United Financial St. Albert Funds, Albertville St. Michael Cemetery Fund, Prior Lake Emery and Karen Koenig Jane and Oswald Wyatt St. Albert the Great Parish Fund, Minneapolis Gregory and Barbara Melsen Michael Ziomko Premier Banks

30 31 Our Board of Directors

Josephine Bailey Edward J. Kocourek Greg Melsen Community Volunteer Retired Executive Vice President and CFO, Retired CFO The Egan Companies John C. Beuerlein – Immediate Past Tom Mertens, ex officio OUR STAFF Vice Chairperson Emery Koenig CFO, Archdiocese of Saint Paul and Minneapolis Executive Vice President, Senior Investment Retired Vice Chairman and Chief Risk Officer, Advisor, Pohlad Companies Cargill, Inc. Marie Pillai Vice President, Chief Investment Officer, Anne Cullen Miller, M.B.A. Bill Marsella, M.S.W. President Director of Partner Relations Kathy Cooney Very Reverend Charles V. Lachowitzer, and Treasurer, General Mills Retired Senior Vice President and Chief ex officio Christopher D. Nelson, J.D. Brenda Murphy, M.A. Administrative Officer, Health Partners Vicar General and Moderator of the Curia, Mary E. Schaffner, J.D. - Secretary Vice President of Development & Donor Engagement Database & Prospect Research Analyst Archdiocese of Saint Paul and Minneapolis Senior Vice President and Senior Company Frank Forsberg Counsel, Wells Fargo and Company Casey J. Scott, M.B.A., CPA (inactive) Meg Payne Nelson Consultant, Education Policy George C. Lang Vice President of Finance & Administration Program Officer Retired President, Overlook Realty Investment Michael F. Sullivan, Ph.D. Becky Abbott Natalie Posteuca Thomas E. Gainor Advisors, LLC Retired CFO, CIO, and Treasurer & Faculty Retired First Vice President and COO, Emeritus, University of St. Thomas Senior Accountant & Lead Financial Analyst Assistant Controller Federal Reserve Bank of Minneapolis Mimi Daly Larson Jane Wyatt Angela Dimler, M.Ed. Michael A. Ricci Jr., CFP®, CAP® Vice President of Mission Advancement, Science Director of Strategic Communications Director - Professional Outreach & Investments Julie Gerend Museum of Minnesota Vice President and Portfolio Manager, Securian Sales Director, Wells Capital Management Asset Management Lori DiVito Brianna Thompson Steven Lentz, J.D. Administrative Assistant of Investments Communications & Events Manager Most Reverend - Chairperson, General Counsel and Chief Compliance Officer, ex officio Okabena Investment Services Mary Haeg, J.D. Jules Vierling Archbishop of Saint Paul and Minneapolis COMMUNITY MEMBERS SERVING Senior Development Officer Grants Manager Thomas A. Letscher, J.D. - Vice Chairperson ON BOARD COMMITTEES David Heinsch Lisa Haemmerle, M.A. Wendy Waiwaiole, M.A. Partner, Fox Rothschild LLP Gerald Brennan Kate Seng Vice President, Corporate and Investor Relations Office Manager/Development Coordinator Executive Assistant Norbert Conzemius Michael Traeger Practice, Padilla Marjorie Mathison Hance J.J. Kirby Roger Vasko Chris Hagen Retired Vice President for External Relations, Diane Liemandt-Reimann Kate Wenger Staff Accountant Julie K. Hurley - Treasurer St. Catherine University President, Preferred Management Services, Inc. John Mauriel Thomas H. McCarr, J.D. Elizabeth J. Keyes, J.D. Tax Partner, PricewaterhouseCoopers LLP All efforts have been made to ensure the accuracy of information contained within this annual report. Retired Vice President, US Bank Listings reflect board membership and staff We have utilized abbreviations with consistency within all lists to improve readability. If you notice Larry McGough employment at the time of annual report an error or omission, please call 651.389.0300. Paul R. Knapp, Sr., J.D. Retired Chairman, McGough Companies publication - fall 2018. Managing Director, St. Paul Properties

32 33 CELEBRATING 25 YEARS OF COLLECTIVE CATHOLIC LEADERSHIP IN GIVING

Catholic Community FOUNDATION OF MINNESOTA

2610 University Avenue West, Suite 500 | Saint Paul, MN 55114 | 651.389.0300 | ccf-mn.org