NEW FOUNDERS FOR THE FUTURE WINTER 2015 WSDCF Awards 2015 Grants Approved The Western South Dakota Catholic Foundation is committed to promoting and strengthening the Catholic Church by providing people an opportunity to contribute to a permanent endowment fund and make other types of gifts that will provide financial resources for meeting the spiritual needs of future generations of Catholics in the Diocese of Rapid City. The annual meeting of the WSDCF was held on December 4, 2014. Its Board of Directors approved grants totaling $1,591,115 to the following recipients: Presho Cemetery Our Lady of Perpetual Help, Cathedral St. Anthony Church, Buffalo Immaculate Conception Church, Winner Sioux Spiritual Center Priest Retirement & Aid Association Cheyenne River Ministries Office of Vocations Rapid City Catholic School System Standing Rock Ministries St. Francis Mission Casa Maria Retirement Home Red Cloud Indian School Catholic Social Services Diocese of Rapid City For more information, please see www.wsdcf.org or contact WSDCF Executive Director, Tim Henderson at 605-343-3541. WSDCF Board Elects New Members The WSDCF board renewed the three-year terms of eight board members at its annual meeting held on December 4, 2014 and thanks them for their continuing service. Jim Erk, Buffalo Gary Nelson, Marin David Schempf, Spearfish Tom Fritz, Rapid City Gary Straight, Gregory Bishop Robert Gruss, Rapid City Lynn Wadell, Shadehill Rev. John Heying, Buffalo Also, the WSDCF welcomes Jim Hulm, Timber Lake, who was elected to a new-three year term replacing Bruce Maher, Timber Lake. Thank you for your service Jim and Bruce. Bits and Pieces By Tim Henderson, Executive Director 2015Catholic Heritage Society Mass Schedule Oftentimes we view the winter months as something to endure, something Please consider becoming a member of the CHS by mak- to survive. If you are like me, I am eager to note the passing of the Winter ing a deferred gift to the Western South Dakota Catholic Solstice because it means that our days are getting longer. Even in Foundation. Twelve Masses are offered each year for December we are already getting closer to springtime! While the Winter Solstice is a time where South Dakotans can experience frigid temperatures deceased members of the Catholic Heritage Society. (especially in eastern South Dakota) and blankets of snow, it is also a time January 4 10:00 am St. Patrick, Lead to look forward to God’s promise of the future. February 8 8:00 am St. Joseph, Faith Let us pray for greater patience and optimism this year. If we are driving March 7 7:00 pm Holy Cross, Timber Lake on icy streets and people around us are being even less patient that we are, April 19 9:00 am CT St. Michael, Kennebec lift them up in prayer rather than seeing them as obstacles to our goals. May 3 9:00 am Our Lady of Sorrows, Kyle June 10 7:00 am St. Therese, Rapid City Remember to rejoice at all times and remember to seek God. He will July 5 9:30 am St. Mary, Newell always give us what we need. August 6 9:00 am CT St. Joseph, Gregory September 13 10:30 am CT Christ the King, Presho Romans 5:2-4 – “Through whom we have gained October 4 10:00 am St. Anthony, Buffalo access [by faith] to this grace in which we stand, and November 1 11:30 am CT St. Charles, St. Francis we boast in hope of the glory of God. Not only that, December 8 8:30 am St. Bernard, McLaughlin but we even boast of our afflictions, knowing that af- fliction produces endurance, and endurance, proven character, and proven character, hope, Basic Estate Planning Documents Regardless of your level of wealth, the failure to establish an estate plan can be detrimental to your family. The following planning documents should be considered regardless of whether you are married or single, or with or without children. Last Will and Testament - A will directs how your assets will be distributed at death. Without a will, property would pass as required under state intestacy statutes. State law Estate Planning Seminars may not provide the inheritance scheme you would choose for your family, and could Coming Soon also increase exposure to federal estate taxes. Revocable Living Trust - A revocable living trust (RLT) is an arrangement by which a It’s never too late or early to begin thinking person (the grantor) transfers ownership of property into a trust during one’s lifetime. An about your legacy or shaping your estate RLT can be used as a substitute for a will in many respects by providing for the plan. Contrary to what many people think, distribution of assets upon the grantor's death. Unlike a will, a revocable living trust can you don’t need to be a millionaire to have be established to govern the distribution and use of the trust assets during the grantor’s an estate plan. An estate plan is an impor- lifetime, which can make it a useful planning tool in the event the grantor becomes tant part of any ongoing financial planning incapacitated. Just like your financial plan, it’s important Durable General Power of Attorney - A power of attorney is a document that allows a to review your will and other estate person (known as the "principal") to appoint another person or organization to handle planning documents regularly, or when affairs while the Principal is unavailable or unable to do so. The person or organization significant life events occur. the Principal appoints is referred to as an "attorney-in-fact" or "agent." During the upcoming months, estate Health Care Power of Attorney - A Health Care Power of Attorney allows you to planning experts Pat Goetzinger and Harvey designate an agent who will have the authority to make health care decisions on your Krautschun, along with Tim Henderson, behalf in the event you are rendered unconscious, mentally incompetent, or otherwise WSDCF’s executive director, will be unable to make such decisions. A HIPAA (Health Insurance Portability and presenting seminars in the Rapid City area. Accountability Act) Authorization also is advisable. It allows medical providers to Seminars in the eastern and northern parts release your protected medical information to another person. of the Rapid City Diocese are also being planned. Living Will / Advance Directive - A living will, also known as an advance directive, is a legal document used to make known a person's wishes regarding life prolonging The detailed schedule will be publicized in medical treatments. The person creating the living will (the declarant) indicates which parish bulletins, as well as the West River treatments the declarant does or does not want applied in the event the declarant suffers Catholic newspaper and on the website from a terminal illness or is in a permanent vegetative state. A living will does not www.wsdcf.org. become effective unless the declarant is incapacitated. Until then the declarant will be Please call Tim Henderson, (605) 343-3541 able to direct his or her own treatments. with questions or suggestions. Source: Nautilus Group, a service of New York Life Insurance Company The WSDCF was established to provide opportunities to invest in the future of the Church, our families, parishes, schools and special ministries. The WSDCF also works to present opportunities for people to help ministries by participating in special events. These events not only help fund important ministries for our faith and our faith communities, but strengthen the relationships of our members and those we serve. AUGUST 13, 2015 BISHOP’S FISHING TOURNAMENT FOR SEMINARIANS “Come follow me, and I will make you fishers of men.”- Matthew 4:19 2nd Annual Western SD Bishop’s Golf Classic 4th Annual Bishop’s Fishing Tournament for Seminarians ARROWHEAD COUNTRY CLUB RAPID CITY MAY 30, 2015 SEPTEMBER 29 & 30, 2015 BISHOP’S HUNT FOR SEMINARIANS Basic Estate Planning Documents Stukel’s Birds and Bucks Regardless of your level of wealth, the failure to establish an estate plan can be detrimental to Gregory, South Dakota your family. The following planning documents should be considered regardless of whether you are married or single, or with or without children. Last Will and Testament - A will directs how your assets will be distributed at death. Without a will, property would pass as required under state intestacy statutes. State law may not provide the inheritance scheme you would choose for your family, and could also increase exposure to federal estate taxes. For more information regarding the Fishing Tournament, Golf Classic or Bishop’s Hunt contact the WSDCF office at 605-343-3541, e-mail [email protected] or visit the website www.wsdcf.org to register on line for these events. Revocable Living Trust - A revocable living trust (RLT) is an arrangement by which a person (the grantor) transfers ownership of property into a trust during one’s lifetime. An RLT can be used as a substitute for a will in many respects by providing for the Sometimes a Little Means a Lot distribution of assets upon the grantor's death. Unlike a will, a revocable living trust can be established to govern the distribution and use of the trust assets during the grantor’s The St. Francis Fund was established by former Bishop Charles Chaput (now Archbishop of Philadelphia) in 1990 lifetime, which can make it a useful planning tool in the event the grantor becomes to assist families who are in need of emergency assistance. The fund has assisted numerous families who needed incapacitated. money for rent, utility payments and food. The fund has also assisted many families who have loved ones in the Durable General Power of Attorney - A power of attorney is a document that allows a hospital and need money for gas, motel rooms or food while their loved ones recovered from illness.