2010 ANNUAL REPORT SOME NUMBERS MEAN MORE WITHOUT DOLLAR SIGNS. When it comes to giving, sometimes the most important amounts are the lives affected as a result of generosity. This year we were able to give 60 grants to agencies and organizations. As each organization we support touches thirty, sixty or hundreds of lives, we multiply our seed by empowering them to do great things for others and extend the reach beyond our grants. LIVES 2,300+ IMPACTED To help build strong, supportive communities, the Foundation supports initiatives that strengthen families, parishes and those suffering from poverty, 23 10 discrimination and violence. COMMUNITY ORGANIZATIONS EDUCATIONAL INSTITUTIONS EDUCATED 1,000+ THROUGH CHRIST Education has always been an important mission of the Catholic Church. The Foundation supports Catholic schools and religious education programs that provide formation and Christ-based learning for students in kindergarten through twelfth grade. NEW LEADERS 600+ OF TOMORROW The Church needs effective leaders if it is to move boldly into the new millennium. Parishes, schools and agencies must have leaders who are able to engage people in creating a shared vision for the future while developing sound strategies and infrastructures to achieve the vision. The Foundation supports groups that focus on bringing 06 21 this type of leadership development to the community. LEADERSHIP GROUPS HEALTH CARE ORGANIZATIONS PEOPLE 2,100+ CARED FOR The Foundation awards grants from a fund established by the St. Anthony Foundation to support those organizations that are engaged in providing health care services in the City of Milwaukee, with particular attention being given to the central portions of the city that were formerly served by St. Anthony Hospital. DONOR FUNDS IN SUPPORTING CATHOLIC GRANT 24 THE FOUNDATION 35 ORGANIZATIONS 60 RECIPIENTS Legacy Endowment Funds Agency Endowment Funds* The Foundation distributed 60 grants totaling $385,445 in fiscal year 2009/2010. Donors make a gift, which is invested in a permanent Agencies, such as parishes, schools or other Catholic The following organizations received grants from donor funds within the Foundation. endowment and each year grants are awarded from the organizations, are able to incorporate their funds, fund. A donor can establish one of the following types most typically their endowments, into the Foundation Agape Community Center of $5,000 of funds within the Foundation and give it a name and while still maintaining ownership. They benefit from John Paul II Academy, Racine $6,000 Milwaukee, Inc. purpose that reflects their philanthropic intentions. investment management and administrative services Literacy Services of Wisconsin, Inc. $5,000 Adult Learning Center $9,000 provided by the Foundation. Marquette University – Scholarship Fund $2,300 AIDS Resource Center of Wisconsin $9,000 Advised Fund Marquette University College of Nursing $2,500 • Catholic Charities of the • St. Eugene, Fox Point Alverno College $1,000 Grants are awarded to organizations that are Medical College of Wisconsin – $9,000 Archdiocese of Milwaukee, Inc. recommended by the donor. These funds may be • St. Frances Cabrini, Archdiocese of Milwaukee – $3,130 Saturday Clinic for the Uninsured more favorable than starting a private foundation. • Christ King, Wauwatosa West Bend Catholic Stewardship Appeal Melanoma Research Foundation, $2,000 Field of Interest Fund • Congregation of Good • Saint Francis de Archdiocese of Milwaukee – $3,440 Hillsborough, New Jersey Shepherd, Eden Sales Seminary Catholic Urban Academies Grants are awarded in a particular charitable Milwaukee Achiever Literacy $7,500 area specified by the donor. • Divine Savior Holy Angels • St. John Vianney, Brookfield Archdiocese of Milwaukee – Priest $3,800 Services, Inc. High School Service Awards and Program Support Designated Fund • St. Kilian Congregation, Milwaukee Christian Center $7,500 • Dominican High School Hartford Archdiocese of Milwaukee – $18,035 The donor indicates one or more agencies or Milwaukee Habitat for Humanity $1,000 organizations to which grants are awarded. • Mary B. Finnigan Fund in • St. Leonard, Muskego Retired Priests’ Needs Memory of Eleanor H. Boheim Mount Mary College $4,000 Unrestricted Fund • St. Margaret Mary, Archdiocese of Milwaukee – $12,000 • Lumen Christi, Mequon Milwaukee Int. Lay Ministry Formation & Evang. Near South Side Catholic Schools $10,250 The Board is given full discretion in awarding grants Program and John Paul II Center Association based on the Foundation’s priorities. These priorities • Marquette University • St. Martin de Porres, Milwaukee New Threads of Hope $5,000 may change over time. High School Badger Association of the Blind $5,000 • Andrew L. Nelson Alumni/AE • St. Mary’s Congregation, and Visually Impaired Office for World Mission $10,000 Supporting Foundation Chair on Christian Ethics Fund Elm Grove Benedict Center, Inc. – Mind, Body, Spirit $5,000 Penfield Children’s Center $10,000 A private foundation may wish to become a part of Wellness Program • Our Lady of Divine • St. Peter, Kenosha Philippine Cultural and Civic Center $5,000 The Catholic Community Foundation. Providence, Milwaukee • Ss. Peter and Paul, Benedict Center, Inc. – Women’s Harm $5,000 Foundation, Inc. – Free Medical Clinic Reduction Program • Helen Rapp Trust Fund Milwaukee Pius XI High School $2,140 • Joseph F. and Catherine M. • JCC Fund • Rosalie Manor Community • St. Roman, Milwaukee Bread of Healing Clinic, Inc. $7,500 Bennett Family Fund Port Washington Catholic School $5,370 • Rev. Carl M., Eugenia, and Family Services • Sheboygan County Cardinal Stritch University $5,000 Rosalie Manor Community and $10,000 • Fred and Karen Bersch and Lauretta Kazmierczak • St. Alphonsus, Greendale Catholic Fund, Inc. Family Fund Priesthood Support Fund Cathedral of St. John the Evangelist $10,000 Family Services • St. Andrew, Delavan • Sr. Lucy Ann • Bishop Brust Memorial Fund • Legacy Fund for Tomorrow’s Catholic Charities of the Archdiocese $10,000 Rosemary School, Fredonia $2,000 • St. Anthony on the Lake, Scholarship Fund of Milwaukee, Inc. – Adult Day Services • Building the Faith Present: A Lasting Tribute St. Ben’s Clinic at the Cathedral Center $9,000 Pewaukee • Society for the Propagation and Resource Center General Fund to the Work of Lisa-Marie • St. Bernard, Wauwatosa of the Faith St. Ben’s Community Meal $10,000 • Reverend Leslie Darneider Calderone-Stewart, Ed.D. Catholic Memorial High School $2,300 • Three Holy Women, St. Catherine Residence $7,500 • St. Boniface, Germantown CommonGround Ministry $10,000 Scholarship Fund • Mission Fund Milwaukee • St. Dominic, Brookfield St. Catherine High School, Racine $4,000 • Sarah M. Dean Fund • Marilyn C. Schmit, PhD Fund CORE/El Centro $7,500 • St. Edward, Racine St. Elizabeth Ann Seton Dental Clinic $9,000 • DePorres Scholarship Fund • St. Aemilian Fund Daystar, Inc. $10,000 Saint Francis de Sales Seminary $3,500 • Directors Legacies • St. Anthony Fund Dismas Ministry $2,500 of Faith Fund *Grants at the discretion of the agency St. Joseph Foundation – Baby Safe $5,000 • Archbishop Rembert G. Dominican Center for Women, Inc. $2,500 • Henry and Francine Haven Program Weakland Fund Family Sharing of Ozaukee County, Inc. $350 Ducat Fund St. Vincent de Paul Society of Milwaukee $10,000 • Whelandale Trust Feeding America Eastern Wisconsin $1,000 • Education Endowment Fund • Charles and Sara School Sisters of Notre Dame $10,000 The Gathering of Southeast $9,000 • Brian D. Hanley Fund Wieber Family Fund S.E.T. Ministry, Inc. $10,000 Wisconsin, Inc. • Father Gerald B. Hauser • Yaniak Fund Sixteenth Street Community $10,000 Gesu Parish $2,830 and John and Ruth Kegel Health Center Priesthood Scholarship Fund The Guest House of Milwaukee, Inc. $12,500 Society for the Propagation of the Faith $1,000 • John C. (Jack) & Hildegard A. House of Peace – Community $10,000 United Community Center $7,500 Heegeman Scholarship Fund Nursing Center STATEMENT OF FINANCIAL POSITION JUNE 30, 2010 AND 2009 SUMMARY OF INVESTMENTS NOTES TO FINANCIAL CURRENT ASSETS 2010 2009 CURRENT LIABILITIES 2010 2009 INVESTMENTS AS OF Cost or Market STATEMENTS Gift Value Value Cash and cash equivalents $90,644 $47,062 Accounts Payable: JUNE 30, 2010 Accounts receivable 35,904 37,917 Foundation $67,464 $69,078 ESTIMATES Cash and cash equivalents $994,143 $994,143 Prepaid expenses 2,183 2,542 Agency funds 38,926 46,041 The preparation of financial statements in conformity Large-cap equities and S&P 500 10,503,768 11,034,647 with accounting principles generally accepted in Accrued liability 28,793 27,301 Total Current Assets $128,731 $87,521 index fund the United States of America requires management Current portion of capital leases 2,002 1,833 Domestic small/mid cap 2,609,764 2,911,954 to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and $26,975 $34,724 common stocks PROPERTY & EQUIPMENT Total Current Liabilities $137,185 $144,253 expenses and the disclosures of contingent assets and International equities 6,548,513 6,606,563 liabilities at the date of financial statements. Actual INVESTMENTS Commodities and inflation hedges 669,454 752,520 results could differ from these estimates. LONG-TERM LIABILITIES Bond mutual funds 8,061,089 8,245,857 Long-term investments $13,511,766 $12,152,183 Long-term portion of capital leases $1,510 $3,511 Real estate 401,800 303,249 TAX-EXEMPT STATUS Agency funds 17,337,167 14,865,166 Agency funds 17,298,241 14,819,125 The