2012 – 2013 ANNUAL REPORT “The future starts today, not tomorrow”
Pope Francis canonizes Pope John XXIII and Pope John Paul II on April 27, 2014 The mission of the
is to support the ministries of the Catholic community through the effective long-term management of endowment funds and the encouragement of stewardship.
“Do not walk through time without leaving worthy evidence of your passage.”
A letter from the Executive Director I am thankful to be able to share with you another annual report highlighting the good work of The Catholic Foundation.
The Catholic Foundation has a unique role in the ministry of our Church. We are here to support and assist the many ministries of our Catholic community seeking to build The Kingdom of God on earth. We do this by managing endowment funds, providing grants, and helping our fellow Catholics plan their own personal legacies.
The Catholic Foundation oversees endowment funds for all 118 parishes, missions, and schools in the Archdiocese. We also manage endowments for the Archdiocese itself, for private Catholic schools, Catholic Charities, The Society of St. Vincent de Paul, and Ignatius House.
Some endowments provide scholarships to Catholic schools. Others provide financial distributions for seminarians, campus ministry programs, and to parishes and other entities singled out by our growing number of donors for special attention.
A donor – whether individual or institutional (the Archdiocese, for example) – may provide money for a specific purpose and even advise on the charitable direction the fund will take. The Catholic Foundation will handle the administration of the gifts on behalf of the donor.
Are you interested in being part of this great work? Whether you are a first-time donor or a longtime supporter, we stand ready to assist you as you make plans to give back to God through a current or future gift. That is our special ministry. (And remember, you don’t have to be rich to build a Catholic legacy.)
We invite you to turn the pages and observe the surprising growth of The Catholic Foundation over the last five years – clear evidence The Catholic Foundation is meeting great needs here in North Georgia.
Then turn to us when you feel the time is right and build your legacy and the future of the Church.
Best regards,
Nancy Dinka Coveny, Executive Director
3 Providing Service through Strengthening Parishes through Stewardship PARTNERING Parish Enrichment Grants Beginning in 2011, the Founda- Since the fall of 2009, The Catholic tion partnered with the Office of WITH OUR PASTORS Foundation of North Georgia Stewardship in the Archdiocese and OUR PARISHES has awarded $60,755 in of Atlanta to provide scholar- parish enrichment grants. ships for pastors to attend the Our priests seek to fulfill the spiritual needs of These grants were inspired annual International Catholic our parish communities. But many must also manage by a suggestion at the first Stewardship Council Conference. the complex daily operations of their parishes. Pastors Advisory Council Presentations, workshops, and We work hard to assist those priests in our meeting by Monsignor Dan liturgies bring Christian stewardship Archdiocese with that task. Stack of St. Francis of Assisi in into focus for the priests attending. Our supporters like you Cartersville. Acting on that, the Board Applications to attend the annual ICSC make that possible. of Directors created a special grants program conference are available in May each year. just for needs identified by pastors. Twice each year the board provides $10,000 in grants to “The ICSC conference was an opportunity for me provide assistance for small projects or programs to grow in knowledge to better serve the people of God. that enrich a parish. I think it is a conference that can benefit both clergy and lay people in their mission to evangelize and build the Kingdom General Grants of God.” Father Fernando Molina-Restrepo, St. Theresa’s In addition to the Parish Enrichment Grants, parishes can Catholic Church, Douglasville submit applications to the Foundation’s General Grants program, which also provides funds to Catholic schools, Funding the Future of Our Parishes nonprofits, and Archdiocesan ministries. Our General Grants We also manage an endowment fund for each parish and mission fund religious education, youth ministry, preschools, Hispanic in the Archdiocese. Our gift planning and estate planning ministry, audio-visual needs, and ministries for the poor and services help parishes grow, promote Catholic legacies, and elderly. Since 2008, the General Grants program has provided bring peace of mind to families across Georgia. When you are $99,550 to parishes. We accept all grant applications in March ready to make a gift to your parish’s endowment fund, we are and September. here to help.
“Pray, pray for us bishops and priests. We have such need in order to stay faithful, to be men who watch over the flock and also over ourselves.” POPE FRANCIS MAY 2013
4 our PASTORS ADVISORY COUNCIL This committee is made up of pastors charged with facilitating deeper communications and providing feedback about the needs of the pastors and parishes.
MEMBERS OF THE PASTORS The Reverend Monsignor Jim Schillinger, S. T. L. ADVISORY COUNCIL* Immaculate Heart of Mary Church, Atlanta Central Deanery The Reverend Monsignor Daniel Stack, Chairman St. Francis of Assisi Church, Cartersville The Reverend Daniel R. Toof Northwest Deanery St. Anna’s Church, Monroe East Deanery The Reverend Henry Atem St. George’s Church, Newnan *The seats for the North Metro and Northwest Metro Southwest Deanery Deaneries are not currently filled. The Reverend Kevin Hargaden St. Matthew’s Church, Tyrone PREVIOUS PASTORS ADVISORY COUNCIL MEMBERS South Deanery The Reverend Monsignor Peter Rau, Former Chairman The Reverend José Luis Hernández-Ayala The Reverend Monsignor Stephen Churchwell St. Mark’s Church, Clarkesville The Reverend Paul Berny Northeast Deanery The Reverend Gregory Goolsby The Reverend Roberto Herrera The Reverend Michael Kingery Queen of Angels Church, Thomson The Reverend Adrian Pleus Southeast Deanery The Reverend Thomas Reilly The Reverend Philip Ryan The Reverend Eric Hill The Reverend Paul Williams Prince of Peace Church, Flowery Branch The Reverend Richard P. Wise Northeast Metro Deanery
Below: Archbishop Gregory and clergy at the 2013 Mass of the Deo Gratias Society. the FOUNDERS SOCIETY From strong beginnings, a fulfilling and promising future.
The original members of the Founders Society contributed funds to begin The Catholic Foundation. Many of those generous people served on the formation committee or as a founding board member. The Society continues to grow with donors who gave at least $5,000 to The Catholic Foundation Endowment Fund. Their gifts support our ministry and strengthen our future. We list the members of the Founders Society with profound gratitude and respect.
John and Carol Almeter Dr. and Mrs. Michael M. E. Johns Mary B. Schwab Atlanta Foundation Charles G. Johnson† David and Erin Seng Gertrude Aulbach† Mr. † and Mrs. Joseph West Jones Alex† and Betty Smith George Aulbach Milton Jones Mrs. J. Albert Snitzer Jack and Isabel Baker Katherine John Murphy Foundation Mr.† and Mrs.† Hughes Spalding, Jr. Gregory and Juanita Baranco James and Maura Kelly Mrs. Augustus Sterne† The Reverend Joseph Beltran† Mrs. James G. Kenan† B. Terrell Paula Lawton Bevington Donald and Mickie Keough Michael and Shirley Trapp Mr. and Mrs. Linwood Brown The Reverend Monsignor R. Mr. and Mrs. John A. Wallace Timothy J. Cambias Sr. Donald Kiernan Dr. Donald P. Williams† Linda Williams Cattanach The Most Reverend James P. Lyke† Mrs. Franklin Wright James P. Chevis Sr. Mary Ryan and Henry G. Mark and Elen Christopher Kuhrt Foundation † DECEASED James† and Virginia† Conrads Frank McAdams William and Gloria Cortez The Reverend Monsignor John F. Mr. James Davies McDonough† Below: Founders Society members Myrtle Davis The Reverend Michael McKeever† Michael and Donna Egan The Reverend Monsignor Edward J. Dillon Metropolitan Atlanta Community The Most Reverend John F. Donoghue† Foundation - Special Fund #9 Durward & Mary Fornara Fincher Fund The Reverend Monsignor James Miceli† Michael and Donna Egan Pauline Mollands† Mr. and Mrs. J.F. Stephen Elliott Nell Moltz† Mr.† and Mrs. Richard Everett Mr.† and Mrs. Kenneth J. Murphy Mr. and Mrs. John Robert Fitzgerald Thomas and Linda Norwood Haroldina Lee Franch† The Reverend Joseph Peacock† Mr. † and Mrs. Martin Gatins Philip and Irene Toll Gage Foundation Roberto† and Olga Goizueta Mr. and Mrs. Joseph Prendergast T. Michael and Kathy Hodell Steven Schlacter Walter and Evelyn Hoff L. Phillip and Jane Humann Ida Alice Ryan Charitable Trust Danny Ingram Mr.† and Mrs. William Izlar 6 John and Mary Franklin Foundation For business leader and Board Member Emerita Juanita Baranco, a donor-advised fund was the perfect way to honor her family and mark her lasting commitment to the Foundation and its work.
The co-owner of Mercedes-Benz of Buckhead (along with her husband, Gregory Baranco), Juanita, a former assistant attorney general of the State of Georgia, has a long involvement with non-profits in metro Atlanta. In addition to being on the formative committee of The Catholic Foundation’s board, she heads the Board of Trustees for Clark Atlanta University. She has also given generously of her time to the Community Foundation this DONOR-ADVISED FUND of Greater Atlanta and many other charities. HAS MANY LIGHTS
The establishment of The Catholic Foundation in 1992 BY AMY BONESTEEL SMITH “made all the sense in the world,” given the growth of the Above: Juanita and Greg Baranco Catholic population in the metro area, she said. Juanita was responding to the request of Monsignor Edward J. Dillon, pastor of Holy Spirit Catholic Church. Both she and Gregory are members of the Founders Society of the Foundation, as is Monsignor Dillon. Another area of her concern is more personal: “I had a After making initial contributions as a board member would, brother with Down’s Syndrome,” she explains. With the help The Barancos decided to help others on a more personal level. of the Foundation staff, she plans to assist local organizations She established a donor-advised fund in 2011, which they aiding those with that disability. Heart disease is another cause named after two women close to the couple, their mothers she and her husband help through The Evelyn Fund. Evelyn Evans Powell and Evelyn Edmound Baranco. “Both of our mothers had a tremendous sense of community and giving Assisting these charities takes more than material resources. back,” she says. “They founded organizations of their own Her support extends to the important administrative side. (i.e. a sorority and an advocacy group for special needs “It is important to me to support the operating of the children). Our mothers were dynamic and strong. Foundation as well,” she notes. Juanita clearly understands Their legacies will continue to influence others.” the need for structure and accountability. “The Foundation works with a small staff and depends heavily on volunteers.” As a graduate of Notre Dame High School in Shreveport, Pinpointing needs and matching donors with causes close to Louisiana before attending Louisiana State University, she their hearts through a mechanism like The Evelyn Fund is a recounts that her early career experience in Atlanta was formative special combination of faith, family, and charity. Its existence to both her faith and charitable principles. She was a member under the Foundation umbrella ensures that its effect is of St. Anthony of Padua parish. Her family’s current parish is strongly felt. Saints Peter and Paul in Decatur. “The Catholic Foundation of North Georgia is the “We have been able to support Catholic Charities face and voice of the philanthropy and giving of the and the important work they do with refugees in our Catholic Church,” she said. community through The Evelyn Fund,” she says. 7 A FUND FOR every PURPOSE Deacons, Archbishop Donoghue recognized in funds Deacons Assistance Endowment Fund In 2010, Deacon Dennis Dorner, Chancellor of the Archdiocese, sought to create a Deacons Assistance Fund modeled after a priests care fund previously established by Monsignor Stephen Churchwell. Monsignor Churchwell provided $5,000 from the Priests Care Fund to establish the fund. The endowment will support deacons and their families during times of need.
In 2012 Archbishop Gregory announced he would arrange for up to $100,000 to match similar funds raised by the deacons themselves. The match would come from funds left by the Joseph Mitchell estate. Deacon Dorner asked Deacon Gary Schantz of St. Andrew’s Church in Roswell to chair the “Caring for Those Who Serve” campaign among their fellow deacons. Thanks to the hard work of Deacon Schantz, the committee members, and the generosity of countless fellow deacons and priests, the goal was met and the match was received.
As of December 2013, the fund had grown to $236,419. We continue to welcome your gifts to help our deacons and their families. Please be sure to note the Deacons Assistance Fund when you send your check to the Catholic Foundation of North Georgia.
Above: New Auxiliary Bishop Archbishop John F. Donoghue Fund for Life David P. Talley with Deacon After seeing the many grant requests from pregnancy care centers and other organizations working Gary Schantz to preserve life, The Catholic Foundation recognized the need for a fund dedicated solely to providing
Below: Archbishop Wilton grants for ministries and nonprofits which promote a culture of life. The fund, established in 2009, Gregory and Mary Boyert, was originally called the Jeremiah Fund. Archbishop John F. Donoghue was often seen praying at Director of Respect Life Ministry, present Nancy Coveny with a gift abortion clinics and was well known for his strong faith. He cared deeply about the right to life and to the Archbishop John F. he prayed often for the protection of the unborn. Donoghue Fund for Life In response to the 40th anniversary of the Roe vs. Wade decision, Archbishop Gregory presented a $40,000 gift to this fund from the Archdiocese of Atlanta.
The Archbishop John F. Donoghue Fund for Life is currently too modest to help pro-life ministries, but like the Deacons Assistance Fund, it will grow with additional donations. Anyone who would like to make a gift to the fund or to honor Archbishop Donoghue may visit www.cfnga.org or send a check to The Catholic Foundation of North Georgia.
All gifts to our funds become part ARCHBISHOP EMERITUS of the principal of the fund and JOHN F. DONOGHUE are invested to provide grants into 8 1928 – 2011 perpetuity. FUNDS OF the CATHOLIC FOUNDATION AS OF JUNE 30, 2013
FUNDS FOR GRANTS St. Mary’s Catholic School Seminarian Education Endowment Fund Archbishop John F. Donoghue St. Peter Claver Regional Thomas and Mary McDonough Fund for Life Catholic School Memorial Fund The Care for the Elderly Fund St. Pius X Catholic High School CAMPUS MINISTRY ENDOWMENTS Community Social Services Fund St. Pius X Catholic High School Agnes Scott College Campus Ministry Conrads Family Education Fund* Scholarships Custodial Endowment Fund General Fund* St. Thomas More Catholic School Catholic Center at Georgia Tech Goizueta Fund* NAMED ENDOWMENTS FOR Endowment Fund Good Shepherd Place Elderly Housing SCHOOLS AND SCHOLARSHIPS Emory University Campus Ministry Endowment Fund George L. Aulbach Scholarship Fund Endowment Fund Nellie Dodd McAdams (CENGI) Endowment Fund CATHOLIC ORGANIZATIONS Gertrude Aulbach Scholarship Fund ENDOWMENTS ENDOWMENTS WHICH SUPPORT (CENGI) Archdiocese of Atlanta THE MINISTRY OF THE CATHOLIC CENGI High School Fund Catholic Charities Atlanta FOUNDATION Conrads Family Education Fund* Catholic Charities Village of St. Joseph Catholic Foundation Endowment Fund* Edward Barnsley ‘86 Memorial Catholic Foundation* General Fund* Scholarship Fund Ignatius House Chapel Goizueta Fund* Inner City Educational Ignatius House Jesuit Retreat Center Monsignor Daniel J. O’Connor Opportunities Fund St. Vincent de Paul Atlanta Endowment Fund The Loridans Academic Fellowship Fund NAMED ENDOWMENTS FOR SCHOOL ENDOWMENTS Rheda and Robert Wanstreet CATHOLIC ORGANIZATIONS Blessed Trinity Catholic High School Scholarship Fund Joseph Mitchell Endowment Fund Christ the King School St. Pius Class of ‘71-Doll deGolian Holy Redeemer Catholic School Sullivan Tuition Assistance Fund PARISH & MISSION ENDOWMENTS Holy Spirit Preparatory School St. Pius X Class of 1968 Memorial Fund All Saints Catholic Church Immaculate Heart of Mary School for Teacher Enrichment Basilica of the Sacred Heart of Jesus Notre Dame Academy Partners Vernon & Gaynelle Grizzard Cathedral of Christ the King in Education Scholarship Fund Endowment Fund Our Lady of Mercy Catholic Christ Our Hope Catholic Church High School ENDOWMENTS FOR CLERGY Christ Our King and Savior Our Lady of the Assumption & SEMINARIANS Catholic Church Catholic School Deacons Assistance Endowment Fund Christ Redeemer Catholic Church Our Lady of Victory Catholic School Jack J. Spalding Fund for the Corpus Christi Catholic Church Queen of Angels Catholic School Education of Priests Espiritu Santo (Mission of Holy Spirit) St. Catherine of Siena Catholic School Retired Archdiocesan Priests Care Good Samaritan Catholic Church St. John Neumann Regional Endowment Fund The Hands of the Good Shepherd Fund Catholic School Holy Cross Catholic Church St. John the Evangelist Catholic School Holy Family Catholic Church St. Joseph Catholic School (Athens) Holy Spirit Catholic Church St. Joseph Catholic School (Marietta) Holy Trinity Catholic Church St. Jude the Apostle Catholic School 9
Holy Vietnamese Martyrs St. Francis of Assisi Catholic Church St. Peter Chanel Catholic Church Catholic Mission (Blairsville) St. Peter the Rock Catholic Church Immaculate Heart of Mary St. Francis of Assisi Catholic Church St. Philip Benizi Catholic Church Catholic Church (Cartersville) St. Pius X Catholic Church Legacy Korean Martyrs Catholic Church St. Gabriel Catholic Church St. Stephen the Martyr Catholic Church Mary Our Queen Catholic Church St. George Catholic Church St. Theresa of the Child Jesus Mision del Divino Nino Jesus St. Gerard Majella Catholic Church Catholic Church Most Blessed Sacrament St. Helena Catholic Mission St. Thomas Aquinas Catholic Church Catholic Church St. James (Madison) Catholic Mission St. Thomas More Catholic Church Our Lady of LaSalette Catholic Church St. James the Apostle Catholic Church St. Thomas the Apostle Catholic Church Our Lady of Lourdes Catholic Church St. John Neumann Catholic Church St. Toribio Romo Catholic Mission Our Lady of Perpetual Help St. John the Evangelist Catholic Church St. Vincent de Paul Catholic Church Catholic Church St. John Vianney Catholic Church Sts. Peter and Paul Catholic Church Our Lady of the Americas St. Joseph Catholic Church (Athens) Transfiguration Catholic Church Catholic Mission St. Joseph Catholic Church (Dalton) NAMED ENDOWMENTS FOR Our Lady of the Assumption Parish St. Joseph Catholic Church (Marietta) PARISHES Our Lady of the Mount Catholic Church St. Joseph Catholic Church (Washington) Alice & Albert Meyer Education & Our Lady of the Mountains Legacy St. Jude the Apostle Catholic Church Retirement Trust Our Lady of Vietnam Catholic Church St. Katherine Drexel Catholic Mission The Flannery O’Connor Fund Prince of Peace Catholic Church St. Lawrence Catholic Church Francis M. and Margaret Mary Purification of the Blessed Virgin Mary St. Luke the Evangelist Roman Hartman Endowment Fund Queen of Angels Catholic Church Catholic Church Sacred Heart Catholic Church (Griffin) St. Marguerite d’Youville COLUMBARIUM RELOCATION FUNDS Sacred Heart Catholic Church Catholic Church All Saints Columbarium (Milledgeville) St. Mark Catholic Church Relocation Fund Sacred Heart of Jesus Catholic Church St. Mary Catholic Church (Rome) St. Francis of Assisi Catholic Church (Hartwell) St. Mary Catholic Church (Toccoa) (Blairsville) Memorial Garden San Felipe de Jesus Catholic Mission St. Mary Magdalene Catholic Church Relocation Fund Shrine of the Immaculate Conception St. Mary Catholic Mission St. Lawrence Columbarium St. Andrew Catholic Church St. Mary Mother of God Relocation Fund St. Andrew Kim Catholic Mission Catholic Church St. Ann Catholic Church St. Matthew Catholic Church (Tyrone) DONOR ADVISED FUNDS St. Anna’s Catholic Church St. Matthew Catholic Church (Winder) Alex & Betty Smith Donor St. Anthony of Padua Catholic Church St. Michael Catholic Church Advised Fund St. Anthony’s Catholic Church St. Michael the Archangel The Evelyn Fund St. Augustine of Hippo Catholic Church Catholic Church The Jinny and Michael Keough Donor St. Benedict Catholic Church St. Monica Catholic Church Advised Fund St. Bernadette Catholic Church St. Oliver Plunkett Catholic Church The Katharine & Russell Bellman St. Brendan Catholic Church St. Patrick Catholic Church Donor Advised Fund St. Brigid Catholic Church St. Paul of the Cross Catholic Church The Ron and Fran Wygladalski Donor St. Catherine Laboure Catholic Church St. Paul the Apostle Catholic Church Advised Fund St. Catherine of Siena Catholic Church St. Peter Catholic Church The Sister Sponsa Beltran Donor St. Clement Catholic Church Advised Fund St. Elizabeth Seton Catholic Church *FUND APPEARS IN ANOTHER LIST St. Francis de Sales Catholic Church 10 GRANTS FROM the CATHOLIC FOUNDATION The General Competitive Grants Program The Catholic Foundation of North Georgia was pleased to provide $290,115 in General Grants during the 2012-2013 fiscal year. The grants below were funded by the following funds: General, Goizueta, Care for the Elderly, Community Services, Nellie Dodd McAdams Endowment Funds, and the Conrads Family Education Fund.
ARCHDIOCESAN NEEDS Nuestra Fe (Smyrna) $5,000 GRANTS TO HELP SENIORS Archdiocese of Atlanta, Office of Our Lady of the Americas Catholic St. Joseph Place Retirement Facilities Stewardship (Smyrna) $5,000 Mission (Lilburn) $5,000 (Atlanta) $20,000 St. Mark Catholic Church Lifespan Resources (Atlanta) $3,200 GRANTS FOR CAMPUS MINISTRY (Clarkesville) $1,500 Mercy Senior Care, Inc. (Rome) $5,000 Catholic Center at Georgia Tech St. Peter the Rock Catholic Church Senior Services North Fulton (Atlanta) $1,500 (The Rock) $1,500 (Alpharetta) $3,000 Lyke House - Catholic Center at AUC (Atlanta) $6,000 GRANTS FOR THE RESPECT OF LIFE Sacred Heart Church Pregnancy Resource Center (Milledgeville) $2,000 of Walton (Loganville) $4,000 Care Net Pregnancy Center of Atlanta GRANTS FOR CATHOLIC SCHOOL (Atlanta) $3,500 EDUCATION Fayette Pregnancy Resource Center Christ the King School (Atlanta) $5,000 (Fayetteville) $1,000 Cristo Rey Atlanta Jesuit High School Sheltering Grace Ministry (Atlanta) $25,000 (Marietta) $2,500 Immaculate Heart of Mary School (Atlanta) $6,000 GRANTS FOR SPIRITUAL Marist School (Atlanta) $30,000 GROWTH Our Lady of the Assumption School Archdiocese of Atlanta Eucharistic (Atlanta) $15,000 Congress (Smyrna) $10,000 Our Lady of Victory School Atlanta Archdiocesan Council of (Tyrone) $10,000 Catholic Women (Smyrna) $5,000 Pinecrest Academy (Cumming) $1,650 Dynamic Catholic Institute Sophia Academy (Atlanta) $5,000 (Cincinnati, for Atlanta) $7,500 St. John Neumann Regional Healing Veterans.org (Roswell) $1,670 Catholic School (Lilburn) $4,000 Our Lady of the Mountains Church St. Joseph Catholic School (Jasper) $1,500 (Athens) $5,000 St. Luke the Evangelist Church St. Joseph Catholic School (Dahlonega) $1,500 (Marietta) $4,000 St. Michael’s Church St. Peter Claver Regional (Gainesville) $2,500 Catholic School (Decatur) $10,000 Totus Tuus Catholic Radio, Inc (Oakwood) $1,500 GRANTS FOR HISPANIC MINISTRIES Transfiguration Church Marist School Hispanic Adult Education (Marietta) $2,500 & Formation Center (Atlanta) $3,000 GRANTS TO HELP YOUTH to assist our pastors in their ministries. Marist School (Atlanta) Archdiocese of Atlanta Catholic These grants support Archdiocesan Msgr. Donovan Catholic High School Committee on Scouting pastors in small projects or programs (Athens) (Roswell) $850 and are approved by the Pastors Advisory Notre Dame Academy (Duluth) Christ Our Hope Catholic Church Council of the Catholic Foundation and Our Lady of Mercy Catholic (Lithonia) $3,300 awarded by the Board of Directors. High School (Fayetteville) Medical Center Foundation Our Lady of the Mountains Our Lady of the Assumption (Gainesville) $2,500 Catholic Church (Jasper) Catholic School (Atlanta) New Hope Enterprises, Inc. St. Anna’s Catholic Church (Monroe) Our Lady of Victory Catholic School (Atlanta) $2,500 St. Francis of Assisi Catholic Church (Tyrone) St. Francis of Assisi Catholic Church (Cartersville) Pinecrest Academy (Cumming) (Blairsville) $2,500 St. Helena Catholic Church (Clayton) Queen of Angels Catholic School St. Joseph’s Catholic Church St. Joseph Catholic Church (Athens) (Roswell) (Athens) $5,000 St. Matthew Catholic Church (Winder) St. Catherine of Siena Catholic St. Peter Catholic Church (LaGrange) School (Kennesaw) GRANTS TO SUPPORT St. Peter Chanel Catholic Church St. John Neumann Regional THE CATHOLIC FOUNDATION (Roswell) Catholic School (Lilburn) Catholic Foundation of North Georgia St. Philip Benizi Catholic Church St. John the Evangelist Catholic (Atlanta) $4,245 (Jonesboro) School (Hapeville) St. Thomas the Apostle Church (Smyrna) St. Joseph Catholic School (Marietta) GRANTS TO HELP THE NEEDY Transfiguration Catholic Church St. Joseph Catholic School (Athens) AND HOMELESS (Marietta) St. Jude the Apostle Catholic School Action Ministries (Atlanta) $2,000 (Sandy Springs) Atlanta Hospitality House CONRADS FAMILY EDUCATION St. Mary’s Catholic School (Rome) (Atlanta) $1,500 FUND GRANTS St. Peter Claver Regional Catholic Atlanta Mission (Atlanta) $2,500 Each fall, the Conrads Family Education School (Decatur) Community Assistance Center Fund provides annual grants to all St. Pius X Catholic High School (Sandy Springs) $3,000 Catholic schools located in the Archdiocese (Atlanta) Covenant House (Atlanta) $10,000 of Atlanta. It was created from a charitable St. Thomas More Catholic School Good Shepherd Services remainder trust established by Jinny and (Decatur) (Chamblee) $3,000 James Conrads. Distributions totaling Hands Around the Hill (Atlanta) $2,000 $127,500 were made in September of DONOR-ADVISED FUND GRANTS HomeStretch/Housing Initiative of 2012 to the following schools: The current donor-advised funds at North Fulton (Roswell) $2,500 Blessed Trinity Catholic High The Catholic Foundation of North Interfaith Outreach Home School (Roswell) Georgia provided significant grants (Doraville) $5,000 Christ the King School (Atlanta) in the 2012-2013 fiscal year totaling Jerusalem House, Inc. (Atlanta) $5,000 Holy Redeemer Catholic School $216,850 to the following organizations Project Open Hand (Atlanta) $2,500 (Johns Creek) at the advice of donors: St. Michael the Archangel Catholic Holy Spirit Preparatory School (Atlanta) Alliance Defending Freedom $240 Church (Woodstock) $3,200 Immaculate Heart of Mary American Red Cross $10,000 Catholic School (Atlanta) Angels Among Us $150 PARISH ENRICHMENT COMPETITIVE Archbishops Annual Appeal $1,740 GRANTS PROGRAM Archdiocese of Atlanta $500 During the 2012-2013 fiscal year, Armed Forces Aid Campaign $300 The Catholic Foundation of North Atlanta Botanical Garden $1,000 Georgia was pleased to provide the 12 Atlanta History Center $1,000 following Parish Enrichment Grants Atlanta Mission $1,500 Sophia Academy $1,000 Catholic Education of North Georgia, Inc. Atlanta Symphony Orchestra $1,500 Southern University $10,000 (from the George Aulbach Buckhead Christian Ministry $1,100 St. John Bosco Academy $1,500 Scholarship Fund, Gertude Aulbach Buckhead Heritage Society $500 The Arc of Caddo-Bossier Scholarship Fund, High School Fund, Cathedral of Christ the King $25,000 Foundation $1,000 and the Tuition Assistance Catholic Charities Atlanta $3,000 The Community School $1,000 Endowment Fund-Partial) Catholic Relief Services $780 The Heritage Foundation $300 Immaculate Heart of Mary Christian Foundation for Children The Salvation Army $450 Catholic School and Aging $300 The Teach Peace Foundation $19,000 (from the Edward Barnsley ‘86 Clark Atlanta University $40,000 The USO $300 Memorial Scholarship Endowment) Daybreak Crisis Pregnancy Center $300 Truancy Intervention Project $500 St. Peter Claver Regional Disabled Veterans National University of Georgia Foundation Catholic School Foundation $300 School of Law $1,000 (from the Inner City Educational Emory University Alzheimer’s Disease Visiting Nurse Health System $1,000 Opportunities Fund) Research Center $750 Woodruff Arts Center $12,000 St. Pius X Catholic High School Emory University Aquinas Center of Zoo Atlanta $500 (from the St. Pius Class of 1971/ Theology $1,000 Doll deGolian Sullivan Fund) Feed the Children $300 ENDOWMENT FUND Fernbank Museum of Natural DISTRIBUTION GRANTS History $1,000 The Catholic Foundation of North Food for the Poor $300 Georgia provides grants for the purposes Garden Hills Neighborhood established for the endowment funds Foundation $5,000 held at the Foundation. A total of Georgia CASA $500 $591,143 was provided in 2012-13 Total Dollars In Grants and Endowments Grey Nuns of the Sacred Heart $1,000 to the following entities: High Museum of Art/Woodruff Arts Archdiocese of Atlanta Vocations Office (DISTRIBUTIONS FROM JULY 1, 2012 – JUNE 30, 2013) Center $2,500 (from the Jack J. Spalding Fund for Historic Oakland Foundation/Oakland the Education of Priests, Seminarian Total Competitive General Grants: Cemetery $1,000 Education Endowment Fund, and $290,115 Judicial Watch $300 Thomas & Mary McDonough Total Parish Enrichment Grants: Lyke House - Catholic Center Memorial Fund) $10,755 at AUC $1,000 Cathedral of Christ the King Total Conrads Family Education Marist School $41,500 (from its endowment) Grants (fall awards): Mary Our Queen St. Vincent de Paul Catholic Center at Georgia Tech $127,500 Society $1,080 (from its endowment) Total Grants from Mercy Care Services $15,600 Catholic Charities Atlanta Donor-Advised Funds: Monastery of the Holy Spirit $1,600 (from the Joseph Mitchell $216,850 Mountain Conservation Trust of Endowment Fund) Total Other Grants from Designated Georgia $500 Endowment Funds: Our Lady of Perpetual Help $591,143 Home $1,000 Paralyzed Veterans of America $300 Total Grants and Endowment Distributions: Plan USA $360 $1,236,363 Reach for Excellence $1,000 Society of St. Vincent de Paul Atlanta $500 13 the DEO GRATIAS SOCIETY We give our thanks to Him. The Society consists of people who have made a bequest or other estate gift to The Catholic Foundation, any of its funds, a parish, a Catholic school, or the Archdiocese. The Society also includes donors who have given $5,000 or more to an existing or newly created fund.
The Latin name meaning “Thanks be to God” denotes our prayerful thanks to and for the generous members of the society. In the same way, many donors make their decision to leave a Catholic Legacy as a special act of thanksgiving to God for His many blessings. Deo Gratias members Helga and Bill Daniels.
Anonymous (6) The Reverend Monsignor Joseph G. Cassidy† Anthony and Susan DiRoma Tom Adair, Sr. Jim and Natalie Childs Nellie Dodd McAdams† Roscoe Adams and Sherry Maloney† Laura Choquette† Thomas and Maureen Dotson Pat and Colleen Adams Mark and Elen Christopher The Reverend John C. Druding† Tom and Ginny Albers The Reverend Monsignor Stephen T. Churchwell Mary Ann Duke† John and Carol Almeter The Reverend Monsignor Francis A. Clancy† Patricia and James Eddleman Mary Apps Julia Clark Nan Ellington Stephen and Susan Arnold Mary Coffey William Leidle† and Mildred Elliott Barbara Arthur Rose and Travis Collins Elizabeth Etoll R. D. Astumian Ph.D, Paul William Connelly† Peter Faletti and Maureen Harty in memory of B.G. Raymond Conrads Family Foundation Fund David and Stacey Fitzgerald and Louise Astumian James† and Virginia† Conrads Kenneth and Roxanna Flick Lynn Astumian, Rose Conti Louise Florencourt in memory of B.G. Raymond William and Gloria Cortez Haroldina Lee Franch† and Louise Astumian Jim and Krista Cosgrove Elaine Fuerst George Aulbach Mike and Kathleen Cote Anita Gaines Gertrude Aulbach† Dr. and Mrs. Norman Cromack Scott and Mary Ellen Garrett Jack and Isabel Baker Richard and Katherine D’Amaro William and Diana Gaskins Gregory and Juanita Baranco William and Helga Daniels Alfred and Karen Gentle George Barclay† William deGolian John and Martha Gillin Diane Barnsley, in memory of Edward Barnsley Jonathan deGolian George and Nelly Goethals Andrew and Kelley Beal Edel Deleon Roberto Goizueta† Russell† and Katharine† Bellman Lorraine Deyo Christopher and Mary Good The Reverend Joseph Beltran† The Reverend Alan M. Dillmann† The Reverend Gregory D. Goolsby Woodrow Bergeron and The Reverend Monsignor Edward J. Dillon Charles and Paula Gorgoglione Dr. Cheryl McRae-Bergeron The Most Reverend Wilton D. Gregory Frank Bourbeau Walton Griffin Chad and Meghan Boyle Ed and Pam Griffiths John and Elizabeth Bresnahan Michael and Joanie Gross Robert L.† and Mary Byrne† Callahan 14 Leonard Guerra Timothy J. Cambias, Sr. Nick Guillaume Elias and Diane Haddadin Wimberly †and Lucille† Kuhrt The Reverend Monsignor Julia Skrynecki† Royke and Meidy Halim-Rotinsulu Peters Trust Daniel J. O’Connor† Alex† and Betty Smith Robert and Lucy Hammond Ruth LaBoon Francis† and Eleanor† O’Connor H. Hamilton Smith Tim and Diane Hanley The Reverend Mr. Edmund and Edward O’Hare† J.J. Spalding† Raymond and Linda Hart Sandra LaHouse John and Clara O’Shea Dana Steiner Frank† and Margaret Mary† James A. Lanier Jr. Tamara Ogden Tom and Pat Stockmeyer Hartman Kristen Lewis Mary Ann Ollinger Austin Sullivan Margaret Harvey Matthew and Melanie Lipscomb Stephen and Susan Owings The Reverend Mr. Lloyd Sutter Jake and Linda Hegarty JoAnne Loftus Matt Patella Stephen Teemer Helen Heil Rita Mantel John and Rhonda Paul Delores Tholl Charles and Kimberly Heiser Benjamin and Charmaine Marcelo Timothy and Melissa Porter Peter Thomasson Brian and Linda Hernan Brian J. Martin Tillie Prather† Michael and Shirley Trapp Julio and Janet Hernandez Mary Jeanette Martin Kieran and Donna Quinn Stephanie Ungashick Jeffrey and Anna Hill Mary McAdam† Stephen and Carol Raeber Sylvia Urich Elizabeth Hopkins Irby† Joanna McConnell The Reverend Monsignor Christopher and Elanna Valley Michael and Christine Hungeling The Reverend Monsignor Peter J. Rau Genevieve A. Vollmer† Tomio and Colette Inomata John F. McDonough† John Reeve Catherine Dowling von Dullen Javier and Catherine Jimenez P. J. and Stephanie McElhone William M. Rich David P. Wallace† Charles G. Johnson† The Reverend Michael McKeever† Susan Rinaldi† Robert† and Rheda† Wanstreet Lyle and Laurie Johnson Mary and William McKenzie Wayne Robinson Stephen and Pam Weitzel Patrick and Heather Jones Louise McNamara Francis and Janet Rocco Lynden and Ramona Wenger Mary Humann Judson Roger and Sheila Meyer Moreton and Patricia Rolleston Marlene Westrom Frances M. Kenny† Sally Miller Dan and Amanda Rose Lloyd and Mary Ann Whitaker Donald and Mickie Keough Joseph R. Mitchell† John and Jan Ruane The Williams Family Michael and Jinny Keough Pauline Mollands† Jim and Mary Rubright The Reverend Richard P. Wise The Reverend Monsignor Nell Moltz† Eugene Satsky† Barbara Woodhouse James E. King† John and Susan Monroe John Satsky† Ronald and Frances Wygladalski Douglas and Cynthia Kirk Craig and Laura Mullins Carolyn Connolly Schaffer Leo and Judith Yager Rita Kitts† Timothy and Camille Naughton Gary and Janet Schonleber Mark and Marisa Yanta Diane Kohl Alan and Butchie Neely Maria Sexton† Jennifer A. Kramer Neil and Gloria Nelson Hannah Sheehan Moody† † DECEASED Alice Kuhn† Cindy Nofi Steven and Julie Siler MAKING A home WITH HAVERTYS You may have seen the appealing Havertys commercials with the theme, “Discover Something You.” Well, we would like you to “discover something new” about Havertys. Under the leadership of Clarence Smith, a past chairman of the Foundation’s board of directors, Havertys has donated office space to The Catholic Foundation for more than five years. This great gift of hospitality has been instrumental in our growth during these hard-pressed times.
In addition to the considerable cost savings, we are grateful for the convenient location of our offices, the occasional use of the board and meeting rooms, and the kindness of the Havertys employees. A special thank-you to Clarence Smith for his leadership and his company’s generous gift of office space. Havertys is a wonderful corporate citizen!
15 JULY 1, 2012 - JUNE 30, 2013 FRIENDS of THE FOUNDATION We are thankful to our Friends for supporting the cost of providing planned giving services, grants programs, and endowment management in our Catholic community. Twenty-five percent of all gifts to the annual fund are used to grow The Catholic Foundation Endowment Fund and support the future operational costs of the Foundation.
Above: Bill and Gloria Cortez with Anonymous Julia Skrynecki† Archbishop Gregory Michael and Dianna Alsip Clarence and Lamar Smith Richard and Suzanne Birmingham Hamilton and Mason Smith ACORN SOCIETY IN-KIND GIFTS Edward and Dorcas Bleichner Peter Thomasson Carr, Riggs, & Ingram / Gary Boteler Gary and Susan Boteler David and Nancy Young McKenna Long & Aldridge / Jeff Haidet Garry and Sandra Bridgeman Chester and Helen Zborowski Warren and Kathy Conoly James P. Zimmerman OAK LEAF SOCIETY Nancy and Michael Coveny The Oak Leaf Society recognizes, with Vivian de Jesus FRIENDS OF THE FOUNDATION gratitude, the Friends of the Foundation Edel Deleon IN-KIND GIFTS who give between $10,000 and $24,999 Nikola and Michelle Djuric Sutherland Asbill & Brennan LLP / in one year to the annual fund. Michael and Donna Egan Matthew Gries Durward & Mary Fornara Fincher Fund Jack and Isabel Baker (Diana Riddick) ACORN SOCIETY OAK LEAF SOCIETY IN-KIND GIFTS Estate of Monsignor Daniel J. O’Connor The Acorn Society recognizes, with Havertys Furniture Companies / David and Stacey Fitzgerald gratitude, the Friends of The Foundation Clarence Smith The Most Reverend Wilton D. Gregory who give $2,500 - $9,999 in one year Jeff and Kathleen Haidet to the annual fund. Dell Hall Malcolm Mark and Elen Christopher OAK TREE SOCIETY James and Ingrid Halstead CorTrans Logistics / Bill and Gloria Cortez The Oak Tree Society recognizes, with Naomi Harper David and Mary Dahm gratitude, the Friends of the Foundation Fritz and Mary Jo Holzgrefe Michael Keough who give $25,000 or more in one year to Cecile Jones Timothy Cambias, Sr. the annual fund. Mary and Mark Judson Nancy Peterman and Michael Pratt Archdiocese of Atlanta Craig Lichtenwalner Michael and Shirley Trapp DMK Foundation / Michael Keough Stephen and Kathryn Mettler Quikrete / Jim and Tracy Winchester Acelie Nazon James and Zelma Paschal OAK TREE SOCIETY IN-KIND GIFTS William and Carol Rich Fitzgerald+CO / David Fitzgerald Hugh and Dorothy Robinson The Ledlie Group / Kathy and Joe Ledlie Victor and Maria Sanchez 16 Anita and Barry Schrenk PLANNING AND Creating a Catholic Legacy creating legacies Many people have helped to ensure a thriving Church for generations AS FRANK HARTMAN DID to come by choosing to transfer their Catholic heritage and values through planned gifts. It is a love story. Francis Michael Hartman loved God. We can help you determine which assets will create He loved Margaret Mary, his wife. And he loved his church. the legacy that matches your family’s intentions. And now his loving generosity will bless future generations. Our website can help too. You can access a Will Planner on our website, www.cfngalegacy.org, which also contains Pastors and finance councils at St. Thomas the Aquinas detailed information on estate planning and various Catholic Church benefited from Mr. Hartman’s counsel methods to make gifts. For assistance in creating your (he was a CPA at Crane Co.). Many more will benefit Catholic Legacy, please contact The Catholic Foundation. from his generosity, his character, and the legacy that
he created. Opportunities for Giving His work in the name of Christ manifested itself in numerous Cash and Securities ways over 35 years: as a capital donor, long-time chair of the Charitable Gift Annuities parish finance committee, an art collector who donated statues of Charitable Lead Trusts St. Thomas Aquinas and St. Pius X in the narthex, and as an active Charitable Remainder Trusts leader of the Knights of Columbus in the parish. Donor-Advised Funds Homes or Other Real Estate But before his death in 2013, Mr. Hartman preserved a Catholic legacy that will stand IRAs/401ks even longer than the statues that represent his passion for his faith and for art. Memorial Gifts A planned gift provided that the bulk of his estate would go to The Catholic Named Endowment Funds Foundation to establish the Francis M. and Margaret Mary Hartman Endowment Wills Fund for the benefit of St. Thomas Aquinas Church in memory of his late wife.
By working together and creating plans for future Catholic legacies like Frank Hartman did, we continue to grow, move, and serve as one body, in Christ. Thanks to our donors and to all those who pray for us, His love can reach more places and touch more lives.
Right: Frank Hartman shows off his catch while on a fishing trip in Ireland. STATEMENT OF ACTIVITIES
YEAR ENDED JUNE 30, 2013 UNRESTRICTED TEMPORARILY PERMANENTLY TOTAL RESTRICTED RESTRICTED
REVENUES Donations and promises to give $424,722 $7,000 $1,007,632 $1,439,354 Investment income $83,288 $643,377 - $726,665 Realized and unrealized gain $405,774 $2,015,535 $512,994 $2,934,303 on investments In-kind contributions $107,904 - - $107,904 Fees $39,883 - - $39,883 2012 - 2013 Donations from Archdiocese of Atlanta $70,000 - $70,000 Net assets released from restrictions $1,056,922 ($1,056,922) - - STATEMENT TOTAL REVENUES $2,188,493 $1,608,990 $1,520,626 $5,318,109
EXPENSES of Grants and distributions $1,000,323 - - $1,000,323 Operating expenses $616,141 - - $616,141 FINANCE Depreciation $4,683 - - $4,683 Total expenses $1,621,147 - - $1,621,147 Change in net assets $567,346 $1,608,990 $1,520,626 $3,696,962 Net assets transfers - - - - Net assets at beginning of year $4,111,167 $5,117,020 $22,670,153 $31,898,340
NET ASSETS AT END OF YEAR $4,678,513 $6,726,010 $24,190,779 $35,595,302
STATEMENT OF FINANCIAL POSITION
YEAR ENDED JUNE 30 2013 2012
ASSETS Cash and cash equivalents $328,008 $151,939 Investments at fair value $42,122,081 $37,923,340 Accounts receivable $8,252 $8,333 Due from Catholic Archdiocese of Atlanta $216,046 - Property and equipment, net $18,531 $19,618
TOTAL ASSETS $42,692,918 $38,103,230
LIABILITIES AND NET ASSETS Accounts payable $ 67,090 $ 38,517 Annuities payable $97,445 $47,254 Custodian funds payable $4,593,162 $4,713,651 Beneficiary endowments $2,339,919 $1,405,468 Total liabilities $7,097,616 $6,204,890
NET ASSETS Unrestricted $4,678,513 $4,111,167 Temporarily restricted $6,726,010 $5,117,020 Permanently restricted $24,190,779 $22,670,153 Total net assets $35,595,302 $31,898,340
TOTAL LIABILITIES AND NET ASSETS $42,692,918 $38,103,230
18 “Nobody is so poor that he has nothing to give, and nobody is so rich that he has nothing to receive.”
A Letter From The Chair 2012 - 2013 Dear Friend of The Catholic Foundation: STATEMENT of The signs of significant growth are everywhere in the most recent operating year of The Catholic Foundation. A year ago, the Foundation managed 157 funds totaling $38.10 million. That has grown to 169 funds and FINANCE $42.7 million, an increase of 12 percent.
It’s not just the assets that have grown. As this report clearly shows, the Foundation has extended its supportive hands further into the community with its endowment distributions and grant-giving programs totaling more than $1.1 million. Measured by those indicators, the Foundation has grown by 17 percent in only one year!
We have a long list of people to thank for this progress.
Individuals have made bequests. Families have turned their small foundations over to be managed as donor-advised funds.
Parishioners and alumni continue to donate to the endowments that support their beloved parishes and schools.
Many donors send gifts to support our day-to-day operations. All are greatly appreciated.
I am proud to work with an engaged board of directors and a devoted staff. Our board members provide time, talent, counsel, and financial support to the Foundation. This has allowed us to keep administrative costs at an efficient level. And now, as a result, we’ve been blessed with incredible growth.
Thank you for being a part of this wonderful cause.
Sincerely,
William M. Rich Board of Directors, Chair
19 NON-PROFIT ORG U.S. POSTAGE PAID ATLANTA, GA PERMIT NO. 2952
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780 Johnson Ferry Road Suite 750 Atlanta, GA 30342
OFFICERS WILLIAM R. CORTEZ ALAN S. NEELY THE REVEREND MONSIGNOR CorTrans Logistics, LLC, Korn/Ferry International, Retired EDWARD J. DILLON WILLIAM M. RICH, CHAIR President/CEO Holy Spirit Catholic Church, Pastor Holland & Knight LLP, Partner NANCY E. PETERMAN KATHLEEN COTE Alexander Haas, Partner MICHAEL W. TRAPP MARK CHRISTOPHER, Community Volunteer Ernst &Young, LLP, Retired VICE CHAIR VICTOR I. SANCHEZ The Carlyle Group, THE MOST REVEREND WILTON Caribe Connection Management Managing Director D. GREGORY, S.L.D. LLC, Principal Archdiocese of Atlanta, DAVID G. DAHM, TREASURER CLARENCE H. SMITH Archbishop LeasePlan USA, Havertys Furniture Companies, the CATHOLIC FOUNDATION Executive Vice President/CFO FREDERICK “FRITZ” HOLZGREFE III President & CEO OF NORTH GEORGIA Golden Peanut Company, LLC, JEFFREY K. HAIDET, SECRETARY H. HAMILTON SMITH Vice President/CFO 780 Johnson Ferry Road McKenna Long & Aldridge, SunTrust Banks, Retired Suite 750 Chairman MARY HUMANN JUDSON THE REVEREND MONSIGNOR Atlanta, GA 30342 Jesse Parker Williams Foundation, DAN STACK Executive Director BOARD MEMBERS St. Francis of Assisi phone 404-497-9440 TIMOTHY KEMPER, CPA Catholic Church, Pastor web www.cfnga.org GARRY W. BRIDGEMAN, CIMA CohnReznick Group LLP, Regional Graystone Consulting- JAMES E. WINCHESTER, JR. Managing Principal Morgan Stanley The Quikrete Companies, Editorial services courtesy Institutional Consulting Director/ MICHAEL L. KEOUGH President & CEO of The Ledlie Group Financial Advisor DMK International, President DIRECTOR EMERITI THE REVEREND MONSIGNOR W. JAMES “JAIME” LANIER JUANITA BARANCO JOSEPH CORBETT, V.G. Interface, Segment Vice President Mercedes Benz of Buckhead, Archdiocese of Atlanta, JOSEPH M.A. LEDLIE Executive Vice President Vicar General The Ledlie Group, President