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Foundation Endowments Climb to $61.5 Million

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Foundation Endowments Climb to $61.5 Million Inside Archbishop Buechlein . 4, 5 Editorial. 4 From the Archives. 17 Criterion Question Corner . 13 TheCriterion Sunday & Daily Readings. 13 Serving the Church in Central and Southern Indiana Since 1960 www.archindy.org November 17, 2000 Vol. XXXX, No. 7 50¢ Archdiocese to honor five people dedicated to Catholic education By Susan Schramm They are a diverse group of people, Indianapolis. tuition assistance has been raised at the but they share unity in their service to Dorenbusch, Sister Marian, Pfister dinners in the previous four years. People who receive a Catholic educa- Catholic schools, their community and and Doyle will be honored with Career Tuition assistance for needy families tion often develop strong leadership the Archdiocese of Indianapolis. Achievement awards at the dinner. is necessary to ensure better access to skills and dedicate themselves to serving Hansen Rivera will The dinner’s purpose is Catholic schools, said Annette “Mickey” others. receive this year’s not only to recognize Lentz, secretary for Catholic Education That’s definitely the case with this Community Service Catholic school graduates and Faith Formation for the archdiocese. year’s winners of the Celebrating Award at the fifth annual but also to raise funds for That’s why the awards dinner is so Catholic School Values awards— Celebrating Catholic much needed financial important, she said. Carmen Hansen Rivera, John School Values awards assistance for students to “It illustrates clearly that we are Dorenbusch, Providence Sister Marian dinner and fund-raiser 2000 Career Achievement Awards attend Catholic schools in about making Catholic school education Thomas Kinney, Paul J. Pfister and on Nov. 20 at the the 39-county area of the available to all students—it illustrates James “Jimmy” B. Doyle. Indiana Convention Center in archdiocese. More than $600,000 in See EDUCATION, page 9 Exit polls suggest how Foundation Catholics voted in 2000 endowments WASHINGTON (CNS)—Without a definitive result in this year’s presidential election, it was too early to know whether climb to Catholics extended to eight straight elections their streak of voting for the winner. $61.5 million According to exit polls conducted by Voter News Service, a cooperative venture of five broadcast news outlets and the Task forces are formed to Associated Press, Catholics nationally voted by a 50-47 margin for Democratic Vice President Al Gore over Republican Gov. begin preparing new George Bush of Texas. Gore also held a narrow lead in the archdiocesan strategic plan overall vote tally. Catholics have voted for the eventual presidential winner all the way back to 1972, when Richard Nixon won re-election. By Greg Otolski The last time Catholics did not choose the winner, 1968, they cast a majority of their votes—55 percent to 37 percent— Despite wild financial market fluctua- for Vice President Hubert Humphrey, that year’s Democratic tions during the past year, Catholic candidate. But Protestant voters that year went even more Community Foundation Inc. experienced solidly for Richard Nixon, giving him a 60-26 edge over strong growth, ending the 1999-2000 fiscal Humphrey, with most of the rest going to third-party candidate year with $61.5 million in total assets—an George Wallace. increase of 34 percent over the previous Because Catholics have proven such an accurate predictor in year. presidential politics, their value as a swing vote to be courted The return on investment for the year has risen. was 4.4 percent. That’s lower than recent The various state polls on how Catholics voted had a margin years, but not completely unexpected in of error of plus or minus 4 percentage points. The exceptions light of the turbulent nature of the finan- were Alaska, Kansas, Mississippi, Oklahoma, Oregon, South cial markets in the past year, said founda- Dakota, West Virginia, Wyoming and the District of Columbia, CNS photo from Reuters tion board president Jerry D. Semler. all of which had a margin of error of plus or minus 5 percent- Dade County Election Board officials begin a recount of Florida ballots Semler reviewed the Catholic age points. Nov. 8 in Miami following one of the closest U.S. presidential elections in Community Foundation’s performance at The Voter News Service exit polling in every state and the history. the foundation’s annual board meeting District of Columbia, in addition to showing the 50-47 split in Nov. 7 in Indianapolis. Gore’s favor with Nader remaining at 2 percent and Buchanan under 1 percent. “Foundations are established for the among Catholic The exit polling data also showed that the more respondents long haul and we must keep our focus on voters, saw of all faiths who went to religious services, the more they voted fund performance over time,” Semler 2 percent voting for Bush. Those going to church more frequently than once a said. “Over the last five years, we have for Green Party week gave Bush a 63-30 edge, and those going weekly went averaged a very respectable 15.3 percent candidate Ralph 57-40 for Bush. return on our investments.” Nader and But those who went to church only monthly were 51-46 for The Catholic Community Foundation 1 percent voting Gore. Those who said they seldom went to church were in oversees endowments and planned gifts for Reform Gore’s camp by a 54-42 margin, and those who said they never for the Church. Last year, $2.84 million Party candidate went to church were 61-32 for Gore. in endowment funds was distributed to Pat Buchanan. Those who identified themselves with the “white religious endowment holders (parishes, schools and But when right” went 80-18 for Bush, and those who did not went 54-42 See FOUNDATION, page 2 only white for Gore, according to the exit polls. Catholics were Protestants favored Bush, while Catholics, Jews, members of tallied, the shift other religions and those with no religious affiliation chose Gore. tilted to Bush’s Voter News Service also gauged presidential preferences in favor, 52-45, See VOTE, page 8 Bishops begin work on full agenda at fall meeting WASHINGTON (CNS)—Opening and the U.S. Supreme Court and the “cul- Galveston-Houston, NCCB-USCC presi- their fall general meeting Nov. 13 in ture of death.” dent, focused his presidential address on Washington, the U.S. bishops heard their Further debate and a vote on each of the Church’s jubilee-year celebrations. president promise “no turning back” from those documents was scheduled for later Highlighting the Church’s ecumenical the Second Vatican Council and heard sad in the meeting. (The Nov. 24 issue of The commitment, the beatification of Pope news about the nation’s first black Criterion will include complete coverage John XXIII and the canonization of Catholic archbishop. of the bishop’s national meeting.) Mother Katharine Drexel, the NCCB pres- The first day of the Nov. 13-16 meet- The bishops opened their meeting with ident stressed the importance of the ing of the National Conference of prayers for Archbishop Eugene A. Second Vatican Council in preparing the Catholic Bishops and U.S. Catholic Marino, who died Nov. 12 at the age of Church to enter the new millennium. Conference at the Hyatt Regency on 66. The first black archbishop in the his- “We can assure the faithful and those Capitol Hill also featured preliminary dis- tory of the U.S. Catholic Church, he who have a sincere interest in the work of cussion of documents on the Mideast cri- resigned in 1990 as archbishop of Atlanta the Church that the Second Vatican Council sis, the U.S. criminal justice system, and admitted to an affair with a woman. continues as the instrument of navigation immigrants, church architecture and art, Bishop Joseph A. Fiorenza of See BISHOPS, page 20 Page 2 The Criterion Friday, November 17, 2000 Archbishop Buechlein recognized the of our fund-raising efforts FOUNDATION work of many people who have helped over the last several years— Catholic Community Foundation continued from page 1 build up the Catholic Community Legacy of Hope and Total Assets In Millions of Dollars Foundation over the years, and he urged Building Communities of various Church agencies and ministries all Catholics in the archdiocese to con- Hope—we are now seeing 60 ........................................... throughout the archdiocese). tinue building on that legacy. unprecedented levels of The funds were spent on a wide range “Part of that legacy is being built by construction and renovation 55 ........................................... of projects. For example, St. Louis Parish those who generously establish endow- being undertaken through- in Batesville used money from its school ments in this foundation, make commit- out the archdiocese to 50 ........................................... endowment fund to help pay for a new ments to various capital campaigns and address some of our addition to the parish school, and a new give their time, talent and treasure to deferred maintenance and 45 ........................................... endowment is helping St. Elizabeth’s their parishes and to our archdiocesan our growth needs,” the Southern Indiana, a regional maternity home missions and to the shared min- archbishop said. 40 ........................................... center in New Albany, provide services to istries of the larger Church,” the arch- For the years 1997-2003, women experiencing crisis pregnancies. bishop said. the expenditures for con- 35 ........................................... “The establishment of new endow- He said we are all called to help carry struction and renovation ments and the growth of existing endow- the faith into the new millennium. projects are expected to 30 ........................................... ments are critical to our future ability to Archbishop Buechlein also reviewed reach $174 million. Nearly ........................................... carry out the Lord’s work here,” said with the Catholic Community Foundation every parish in the archdio- 25 Archbishop Daniel M.
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