Your charitable giving can also have eternal life. FY 2017 ANNUAL REPORT For God. For Others. Forever. Like the Holy Trinity, the Catholic Community Foundation’s new tagline has three parts. “For God” refers to the fact that legacy giving is a way to honor God. “For Others” refers to our Christian duty to serve others. And “Forever” refers to the enduring and everlasting nature of endowment funds. Collectively, these three elements provide an excellent summation of the Catholic Community Foundation and its purpose in our Archdiocese. Table of Contents Letter to the Community 2 Foundation Funds 3-32 Archdiocesan Endowment Funds . .3 . Map of the Archdiocese . 7. Archdiocesan Parish, School, Agency Endowment and Philanthropic Funds . .8 . Batesville Deanery . 10. Bloomington Deanery . .13 . Connersville Deanery . 14 Indianapolis East Deanery . .15 . Indianapolis North Deanery . .18 . Indianapolis South Deanery. 20. Indianapolis West Deanery . 23 New Albany Deanery . .25 . Seymour Deanery . 30 Tell City Deanery. 31. Terre Haute Deanery. 32. Financial Statements 33 How Assets Are Invested for the Catholic Community Foundation 34 Boards and Committees 35 30 Things to Know About the Catholic Community Foundation 36 SPECIAL FEATURES Catholic Community Foundation Timeline 4 Retired Priest Gives Back to the Areas He Served 17 Small Endowment Distributions Fulfill the Response to Catholic Social Teaching 28 1 Letter to the Community Dear Brothers and Sisters in Christ: My short time as shepherd of the Archdiocese of Indianapolis has been filled with countless blessings. I’m particularly grateful for the many people I’ve met who care so deeply about advancing the mission of the Church in central and southern Indiana. For 30 years, the Catholic Community Foundation has been a trusted partner guiding your generosity and support for important parish and archdiocesan ministries. Generous people in the Archdiocese have helped our foundation’s net assets increase to more than $179 million in the fiscal year ending June 30, 2017. More than $7.2 million was distributed to parishes, schools, cemeteries, and ministry agencies during the year. Since its inception in 1987, the Catholic Community Foundation has distributed more than $112.7 million from endowments for ministry. Each year, we continue to increase the number of endowments, and more people are choosing the Catholic Community Foundation to steward their gifts of legacy. The foundation added 13 new endowments this past year. Today, 479 funds meet almost every ministry need of our archdiocese, ranging from Catholic education and lifelong faith formation to retirement benefits for priests and helping those most in need through our Catholic Charities agencies. The foundation staff is ready to help you plan and meet your charitable giving objectives by offering a variety of choices in how you can make your generosity felt throughout the archdiocese. They do so through endowment funding, donor-advised funds, planned gifts, and other ways in which you can remember unique interests with your parish or other ministry programs. Thank you for sustaining the good works noted in this annual report in support of proclaiming and establishing the Kingdom of God in our Archdiocese. And thank you to those of you who will take the important step of planned giving during this coming year. The Catholic Community Foundation is honored to oversee your legacy. May the Lord bless you! With assurance of my prayers and best wishes, I remain Sincerely yours in Christ, Most Reverend Charles C. Thompson Archbishop of Indianapolis Chairman of the Board of Trustees Catholic Community Foundation, Inc. 2 Value as of June 30, 2017 - $108,266,434 Archdiocesan Endowment Funds A Generation of Hope Youth, Indianapolis Archdiocesan Priests’ Retirement and Benefit Distributions are to be used to support capital (V: $27,549 D: $1,395) Endowment Fund projects throughout the Archdiocese of Indianapolis Distributions are to be used to provide scholarship (V: $3,503,918 D: $170,898) as matching grants or outright awards to projects money for youth throughout the archdiocese who are Established to provide for retirement, health care selected through the combined grant review process in need of financial assistance to attend programs that and other benefits for priests of the Archdiocese of for distributions of Home Mission, Growth and build leadership skills and spirituality. Indianapolis. Development and James P. Scott Endowment Funds. Celeste and Norbert Ankenbrock-St. Joseph Archdiocesan Total Catholic Education Bruns-Wickens Family Fund for Seminarians and Cemetery Endowment Fund, Indianapolis Endowment Fund Priestly Education (V: $101,890 D: $4,993) (V: $2,484,442 D: $120,540) (V: $65,167 D: $3,300) Distributions are to be used only for charitable, Established from the bequest of Dolores Rizza. Established by the late Archbishop Edward T. O’Meara. educational, religious, scientific, humanitarian Distributions are to be used to provide maintenance Distributions are to be used to benefit total Catholic and cultural needs as approved by and consistent with and ensure perpetual care of St. Joseph Cemetery in education in the Archdiocese of Indianapolis. the expressed purposes of the Catholic Community Indianapolis. Archdiocesan Growth and Foundation, Inc. Archbishop’s Endowment Fund Expansion Fund (V: $3,225,017 D: $156,288) Bishop Simon Bruté College Seminary (V: $5,908,405 D: $257,027) Endowment Fund Distributions are to be used to support the growth Established by the bequest of the Rev. James J. of parish, school and agency ministries in the (V: $528,591 D: $12,280) Sweeney. Distributions are to be used for the general Archdiocese of Indianapolis. Distributions are to be used to support the operations use of the archdiocese as directed by the archbishop of the Bishop Simon Bruté College Seminary for the after consultation with the chancery staff. Archdiocesan Infrastructure Expendable Fund formation of college men for the Roman Catholic Archdiocesan Donor-Advised Reserve for (V: $832,554 D: $0) priesthood who attend the Bishop Simon Bruté Employee Benefits Fund Distributions shall provide support for the College Seminary, Indianapolis. infrastructure needs of the Roman Catholic (V: $12,235,712 D: $594,655) Building Communities of Hope – Archdiocese of Indianapolis and its ministries. Distributions are to be used for future health care John P. Hofer Scholars’ Endowment Fund costs incurred by employees of parishes, schools and Archdiocese of Indianapolis Lay Employee (V: $118,159 D: $5,753) agencies of the Archdiocese of Indianapolis. Benefits Fund Established by the late John P. Hofer. Distributions are to be used primarily to provide financial aid for low- The Mary Margaret and John F. Lynch (V: $20,071,208 D: $974,788) Endowment Fund for Archdiocesan Center-City Distributions are to be used to provide and enhance income children to attend center-city Catholic schools. benefits for employees working in the parishes, schools Schools Rev. Noah J. Casey Endowment Fund for the and agencies of the Archdiocese of Indianapolis. (V: $11,429 D: $579) Ministry of Spiritual Direction Established from the real estate of Mr. and Mrs. John F. Archdiocesan Ministry Priority Expendable Fund (V: $12,636 D: $608) Lynch. Distributions are to be used to provide financial (V: $625,059 D: $5,000) Distributions shall provide assistance with the training assistance for center-city students. Distributions shall provide support for the ministry of spiritual directors and to support the process of those seeking spiritual direction to qualified directors Archdiocesan Home Missions Endowment Fund priorities of the Roman Catholic Archdiocese of Indianapolis and its ministries. in the Archdiocese of Indianapolis. (V: $4,512,260 D: $213,842) Established through the proceeds of the Legacy Archdiocese of Indianapolis Property Insurance Catholic Cemeteries Association of Hope Campaign. Distributions are to be used to Reserve Donor-Advised Fund Perpetual Care Endowment Fund support home mission needs in the Archdiocese of (V: $11,298,778 D: $0) (V: $3,027,128 D: $133,573) Indianapolis. Distributions are to be used to support the property Distributions are to be used to maintain the insurance claims incurred by the parishes, agencies cemeteries in perpetuity. Archdiocesan Office of Pro-Life Activities and schools of the Archdiocese of Indianapolis. Endowment Fund Catholic Charities of the Archdiocese (V: $32,937 D: $1,604) Archdiocese of Indianapolis James P. Scott of Indianapolis Endowment Fund Distributions are to be used to promote archdiocesan Capital Improvement Endowment Fund (V: $983,829 D: $49,818) pro-life activities. (V: $5,414,901 D: $264,041) Distributions are to be used to support the programs 3 Established between July 1, 2016 and June 30, 2017 V = Value as of June 30, 2017 D = Distributions for FY 2017 ARCHDIOCESAN ENDOWMENT FUNDS (CONTINUED) and works of Catholic Charities of the Archdiocese of Mary Lynn Cavanaugh Endowment Fund for The John F. Fink – Indianapolis and its member agencies. Special Religious Development (SPRED) Criterion Endowment Fund (V: $50,777 D: $0) Catholic Educator Formation (V: $10,804 D: $404) Distributions are to be used to provide funds for Endowment Fund Distributions shall provide financial support for continuing education for The Criterion staff members the Archdiocese of Indianapolis Special Religious (V: $934,839 D: $45,518) as well as a stipend in the form of a scholarship for a Development (SPRED) program and its related activities. Distributions are to be used to fund the archdiocesan college intern to support the work of The Criterion. share of the cost of professional courses in religion Sr. Nancy Crowder Endowment Fund for Holy Albert J. and Christine M. Hackl Family for Catholic school educators and parish catechists in Family Shelter Services partnership with the individuals and the Catholic colleges. Endowment for Catholic Charities/Social (V: $13,652 D: $665) Services Catholic Social Services of Indianapolis Distributions are to be used to provide services and support (V: $3,504,986 D: $176,243) Endowment Fund solely for homeless families at Holy Family Shelter.