2013 Annual Report - Catholic Education Foundation
Transcription
2013 Annual Report - Catholic Education Foundation
2013 Annual Report In Memoriam Rev. Francis McDonald Founding Member CEF Board of Directors 1996 -2011 Director Emeritus 2011 -2013 A Letter from Our President October 2013 My Dear Friends in Christ, Pope Francis addressed the importance of Catholic education when he received several students from Jesuitrun schools in Italy and Albania in June 2013. In his address, Pope Francis wrote about how education should be more than just a place to expand intellect – that it should also be a place to learn compassion and magnanimity. He stressed that school should be a place to develop the whole child – mind, body, and spirit – and that teachers should try unique ways to reach students. As you read the 2013 Annual Report of the Catholic Education Foundation, you will recognize that the Holy Father’s words are realized daily throughout the Catholic schools and parish catechetical programs of the Diocese of Joliet. From the many cards and letters of thanks received from our students who have received scholarship assistance from the Foundation, it is evident that our children are receiving Christ’s Gospel message along with an exceptional academic education. Indeed, our schools and parishes are developing the whole child in the image and likeness of Jesus Christ. May the road rise up to meet you. May the wind always be at your back. May the sun shine warm upon your face, And rains fall soft upon your fields. And until we meet again, May God hold you in the palm of His hand. I am thankful for the abundance that God has given to us and to the generosity that is shown through the gifts of our benefactors. Whether you have supported the annual Scholarship Campaign for the first time this year or have been a consistent donor for a decade, you have helped develop a child’s mind. Whether you have created a sophisticated estate plan, or simply composed a Will remembering your favorite school or parish through a bequest, you have helped developed a child’s body. Whether you were able to financially support the work of the Foundation or instead offered fervent prayer for its outreach, you have helped develop a child’s spirit. Through your stewardship of time, talent and treasure, you have demonstrated a sense of compassion and magnanimity in your own faith community. I pray that God will continue to shine His blessings upon you for your prayers and generosity. May God bless you. Most Reverend R. Daniel Conlon Bishop of Joliet 2 A Message from Our Chair Board of Directors Catholic Education Foundation Officers Most Reverend R. Daniel Conlon Bishop of Joliet President Mr. Patrick C. Lynch Chicago Equity Partners Chairman Mr. Thomas A. Ciesla Retirement Plan Advisors Secretary Mr. Michael G. Bava Diocese of Joliet Treasurer Members Rev. John Belmonte, S.J., Ph.D. Mr. Edward Burjek Mr. Michael Cabrera Mrs. Eileen Healy Mrs. Mary Kay Kaufmann Ms. Leigh-Anne Kazma Mr.. Stephen McShane Mr. Michael Murphy Mr. Thomas Quinlan Mr. Mark Reinke Mr. Louis Rotta Mr. Patrick Theisen Directors Emeritus Mr. Gerald Huot Deacon Robert Kaminski Mr. Bill Koloseike Rev. Gerald Riva Dear Friends of the Catholic Education Foundation, It’s about the Kids! On behalf of the Board of Directors of the Catholic Education Foundation (CEF), it is my pleasure to present our 2013 Annual Report. The CEF has been successful in spreading the word of our vital ministry to parishes, donors and the business community. Similarly, the work of the CEF continues to grow because the requests for student scholarships are ever-increasing each year. The message we spread and the assistance we provide is indeed, “all about the kids!” Since 2003 the CEF has distributed $12 million in scholarships to grade school and high school students whose families have demonstrated a significant financial need. This year we awarded $1.8 million to 1,600 students who might otherwise not have received a Catholic education. The CEF fills a tremendous void through its investment in our ‘CEF Scholars.’ The financial awards ordinarily represent up to 20 percent of the tuition costs. Additionally, partnerships with individual donors who have created separate need-based scholarship funds have even covered tuition costs up to 40 percent. The CEF proudly celebrates its accomplishments, but we also recognized our inability to fund hundreds of other student scholarships this year because of a lack of funding. Through our financial aid programs, the CEF has the opportunity to help schools significantly increase their enrollment. Currently, there is room for 4,100 additional students throughout our 54 schools. You can help us in our efforts! We encourage your participation and welcome your partnership by contributing to the annual Scholarship Campaign or one of the other giving options listed in this Annual Report. I remain truly grateful to our dedicated board members whose valuable input and financial support has helped propel the CEF to new heights. This includes a record amount of total assets, a record number of students receiving aid in a single year, and higher award amounts for grade school students. Thank you for celebrating 2013 with us by reviewing in this report the lives that have been changed by the generosity of our donors. On behalf of the Board of Directors, I express our deep gratitude and appreciation to all who have supported the vital work of the Catholic Education Foundation. Sincerely, Patrick C. Lynch Chairman of the Board 3 A Message from our Superintendent and Executive Director Dear CEF Supporters and Friends, We celebrate 2012-13 with a reflection on the tremendous amount of activity surrounding the Catholic Education Foundation (CEF) last fiscal year. Of course, no true celebration can occur without including the valuable assistance from the volunteers who represent the CEF Board of Directors. Beginning with 100% of our board financially supporting our annual Scholarship Campaign, each member was instrumental in helping the CEF realize its numerous successes which resulted in young lives that are being changed and given hope for the future. The highlight of our year was the ability to increase by 40 percent the individual scholarship amounts for CEF grade school students and still disburse 1,600 elementary and secondary awards totaling nearly $1.8 million. Similarly, our funding partner, the Kazma Family Foundation again provided generous funding for another 25 new high school “Kazma Scholars.” At the same time a committee of board members created a funding policy that equitably allocates our steadily-increasing pool of Hispanic scholarships to this rapidly-growing population in Will, Kendall, Grundy, DuPage and Kankakee Counties. This growth is due in large part to several new funds that donors have created and restricted for this purpose such as the McShane Family Hispanic Scholarship. More recently, we celebrated Catholic education at our 3rd annual Sounds of Sacred Music which featured the school choirs from St. Isaac Jogues, Hinsdale and St. Michael, Wheaton who joined the Benet Academy Madrigal Choir in the chapel of Sacred Heart Monastery for a memorable evening. Over 150 CEF donors and friends gathered before the concert at a VIP Reception and were recognized for their generosity toward our CEF Scholars. 4 Finally, another board member is responsible for the inception of the Move Your Feet walk-a-thon that is scheduled to be held later this month at all diocesan grade schools on Friday, October 18 to raise awareness for Catholic education and the charitable works of the CEF. A momentum has been created with the CEF and we are grateful to the board members who are responsible for helping to carry out these programs. Thank you for your generous support through your prayers and financial support of the Catholic Education Foundation. Sincerely, Rev. John Belmonte, S.J., Ph.D. Superintendent of Schools Joseph L. Langenderfer Executive Director Kazma Family Foundation As President of the Kazma Family Foundaiton, Leigh-Anne Kazma handles all the daily activity of this philanthropic organization but it is hardly a lonely business. In true ‘family’ fashion, her parents Gerry and Margaret Kazma also take great pride in interacting with over 100 scholarship recipients attending seven Diocese of Joliet high schools. The Catholic Education Foundation is proud to partner with such wonderful examples of Christian stewards and true leaders in the philanthropic community. The gift of Catholic education through the Kazma Family will continue to provide untold benefits in the faith lives of hundreds of diocesan high school students for generations to come. Leigh-Anne Kazma accepting the prestigious St. Elizabeth Ann Seton Award from the National Catholic Education Association in Washington DC. Gerry, Margaret and Leigh-Anne Kazma join Bishop Conlon in presenting a Kazma Scholarship to Angel Rameriz, an incoming Freshman last year at IC Catholic Prep in Elmhurst, formerly known as Immaculate Conception High School. 5 CEF Benefactors St. Robert Belamine Society ($25,000 and Higher) Robert S. and Mary Ann Kaminski Family Foundation Kazma Family Foundation McShane Family Foundation Mr. & Mrs. James Besch Mr. & Mrs. Joseph Brennan Mr. & Mrs. Edward Burjek Mr. & Mrs. Christopher Burke, in honor of Karyn Brown Carol & Tom Butler St. Ignatius Society ($10,000 to $24,999) Mr. & Mrs. Lawrence Clennon Mr. & Mrs. Alan Homerding Mr. & Mrs. J Kevin Cmunt Mrs. Denny Smith, in memory of Denny Smith Dr. & Mrs. Michael Colandrea Mr. & Mrs. Aloysius VanEekeren Mr. & Mrs. Joseph Cosenza Mr. & Mrs. James M Costello St. Francis Xavier Society ($5,000 to $9,999) Mr. Patrick Early Anonymous, in honor of Genieve Snyder Mr. & Mrs. Thomas Fahey Mr. & Mrs. Patrick Coleman Deacon & Mrs. Larry Fudacz Mr. & Mrs. Daniel Coman Mr. & Mrs. Jerome Girsch Mr. & Mrs. Steven Desmarais Mr. & Mrs. Gerald J. Haggerty Sr., in honor of Judy Haggerty Most Rev. Joseph L Imesch Mrs. Marilynn Halasz, in memory of Dr. John E Halasz Mr. & Mrs. Thomas Kaufmann, Jr. Mr. Howard Humecki Mr. Jeffrey J. Kennedy Mr. & Mrs. Gerald W. Huot Mr. & Mrs. Patrick Lynch Mr. & Mrs. John A Janicik Mr. & Mrs. Joseph Tremback Mr. & Mrs. Michael Kendzior Mr. & Mrs. Joseph Langenderfer St. Isaac Jogues Society ($2,500 to $4,000) Mr. & Mrs. Michael W Lowe, in memory of Judith A. Lowe Anonymous Mr. & Mrs. Edward Mack Mr. & Mrs. Salvatore Aiello Mr. & Mrs. Charles P. McQuaid Mr. & Mrs. Michael Cabrera, in honor of Jim & Angie Cabrera Mr. & Mrs. Michael Murphy, in honor of Sr. Andrea McCarthy Michael and Kathleen Desmond Frances Naal-Sczepaniak Sr. Nancy J Gannon, SFCC Mr. & Mrs. John Narcissi Mr. & Mrs. John F Healy Mr. Grant W Ohlson III Mr. & Mrs. John Kaiser Mr. & Mrs. Thomas Ohlson Mr. & Mrs. Richard E Terry Mr. & Mrs. Mark Oliverio Mr. & Mrs. Paul Weinewuth Mr. & Mrs. Michael Paccasassi, in memory of Frank J Mensi Mr. & Mrs. Dale Piggush St. Peter Claver Society ($1,000 to $2,499) Mr. & Mrs. Bruno Rudolf, in memory of Jason P Rudolph Anonymous (5) Mrs. Loretta Spesia Anonymous, in honor of Andrew Jensen Mr. & Mrs. Reynold Sterlin Anonymous in memory of Diocesean employees, Scott Strysik, William Mr. & Mrs. Alexander VanEekeren Bates, Mary Carol Clark, and John Kroker and in honor of the Sts. Peter & Paul Parish, Christian Service Ministry 25th Jubilee for Sr. Mary Elizabeth Sallese, OP former principal Mr. & Mrs. John Whittington of St Jude School in Joliet Rev. Henry Wilkening Mr. & Mrs. David Augustyn Mrs. Ethel Zindrick Rev. John Belmonte S.J., Ph.D. Mr. & Mrs. Peter Bensen CEF Legacy Society Planning from the Heart The CEF Legacy Society honors individuals and families who have made long term commitments to the Catholic Education Foundation either by disclosing in writing a charitable intention that is noted in their Last Will and Testament or through the contribution of a planned gift or endowment fund to benefit Catholic education. Wenzel and Joan Bartel Mrs. Denny Smith Most Reverend Joseph Imesch Marilynn Halasz Wenzel A. & Anne M. Bartel Scholarship Smith Family Legacy McShane Family Hispanic Scholarship Fund The McShane Family Hispanic Scholarship Fund ensured that 16 students were able to register at a Catholic school in the Diocese of Joliet this school year. Steve and Kathy McShane and daughter, Erin Lacroix are members of St. Isaac Jogues Parish, Hinsdale, and Steve is founder and CEO of Willowbrook based Midtronics, Inc. Special Education Needs Fund “It helps to be personally involved and a daily witness to the improvement in these students. We are most grateful to our family and friends who have contributed to the Catholic Education Foundation and have restricted their gifts to support this special education program.” (Patrick Coleman) Patrick and Tracy Coleman began this fund with the Catholic Education Foundation upon seeing positive results in their son, Joey, who is in 3rd grade at All Saints Catholic Academy (ASCA) this year. Since Joey was in first grade, the Coleman Family had retained and provided a Special Education Aide for Joey. As a family they have tirelessly raised money since 2011 to personally fund the cost of special education staff so that other students can benefit from the progress they have seen in their own son. The long term goal is to provide funding for a special education teacher at ASCA as well as multiple aides to work with three to five special needs children at All Saints Catholic Academy. 7 WE DO MORE WITH LESS! Dear Bishop Conlon and the Catholic Education Foundation, DID YOU KNOW... My name is Jack and I am a second grader. Thank you so much for your tuition assistance. My dad died in July. The money for school helps my family a lot! Thank you! • There are 48 Catholic Grade Schools and 7 High Schools in the Diocese of Joliet? • There are 21,868 students in our schools and 1,600 qualified recipients of scholarship awards? • Catholic high schools record an average ACT test score of 24 vs a score of 21 in public schools? Sincerly, Jack • Students received 400,000 hours of total religious instruction last year? • 112,000 service hours were provided by high school students plus 64,000 hours by elementary school students last year? • $75 million was invested in 2012 on Catholic education in the Diocese of Joliet? • 99% of the 2012 high school graduating class went to college vs. 84% from public schools? • $100 million in college scholarships was awarded to graduating Seniors in 2012 and $51 million was accepted? • Catholic Schools provide MORE education in a safe, Catholic environment with LESS operational revenue? • WE TEACH MORE WITH LESS! ACTUAL COST of Public Schools vs. ACTUAL COST of Catholic Schools vs. TUITION Public Schools Catholic Schools in ALL COUNTIES CostHigh School CostGrade School CostHigh School TuitionHigh School CostGrade School TuitionGrade School DuPage (Naperville - 203) $15,800 $12,869 $13,000 $10,000 $5,000 $3,800 Grundy (Morris - 54) $13,241 $8,870 Kankakee (SD 111) $13,787 $9,846 Kendall (Plano - 88) $13,174 $8,268 Will (Joliet - 204) $15,453 $9,746 Random Districts By County 17 CATHOLIC EDUCATION FOUNDATION OF THE ROMAN CATHOLIC DIOCESE OF JOLIET STATEMENTS OF FINANCIAL POSITION ENDING JUNE 30, 2013 ASSETS Cash and cash equivalents $ Investments at market value Accrued interest Due from Diocese Total Assets $ 693,728 9,554,131 3,500 155,874 10,407,233 LIABILITIES AND NET ASSETS LIABILITIES Due to Education Endowment $ Other liabilities Total Liabilities $ 379 254,621 255,000 NET ASSETS Undesignated$ 6,283,229 Designated for High School Scholarships 2,140,150 Designated for Kankakee Area Scholarships 1,321,208 Temporarily Restricted Ed Foundation 207,396 Permanently Restricted Ed Foundation 200,250 Total Net Assets $10,152,233 TOTAL LIABILITIES AND NET ASSETS $ 10,407,233 EXPLANATION OF TERMS Unrestricted Net Assets – Net assets which are not subject to donor-imposed restrictions. Temporarily Restricted Net Assets – Net assets which are subject to donor-imposed restrictions that may or will be met by actions of the Catholic Education Foundation and/or the passage of time. Permanently Restricted Net Assets – Net assets which are subject to donor-imposed restrictions that will be maintained permanently by the Catholic Education Foundation. The income earned on these investments is restricted for specific purposes. 18 Catholic Education Foundation: Grants and Scholarships Scholarship Campaign $284,314 Restricted Family Foundations and Gifts $752,705 Investment Earnings $196,712 TOTAL $1,960,515 Grade School Scholarships $810,500 Kazma Scholarships $613,000 High School Scholarships $451,515 Leaders for the Future $48,000 Ministry Grants $37,500 TOTAL$1,960,515 $1,004,578 $1,125,251 $809,963 $947,916 $848,060 $882,690 $742,817 $675,896 Scholarship and Grant Distribution: 2003 - 2013 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 $1,960,515 $726,784 $1,633,511 Discretionary Parish Contributions $1,423,075 Catholic Education Foundation: Donations 19 Benefits to Our Donors The Catholic Education Foundation welcomes cash contributions, bequests, and tax-wise planned gifts of all denominations. The Foundation, in return, offers numerous benefits to our donors: Guarantee of Professional Management The Board of Directors guarantees sound professional management of all funds entrusted to our wise stewardship. Frequent Reporting to Donors Monthly, quarterly and/or annual reporting is initiated as well as a year-end, independent audit to guarantee full disclosure of Foundation accounts and activities. Our most recent financial audit is available for viewing on the web (www.dioceseofjoliet.org/edfoundation) and is open to public review throughout the year in our offices during normal business hours. Pursuant to IRS regulations, the audit can also be mailed upon request. CEF MEMORIAL PROGRAM There is no specific amount required in order to give a CEF Memorial. You may send in any denomination of gift and the CEF will acknowledge it as well as notify the decedent's family of your memorial donation. This memorial concept could be used in addition to, or in lieu of, flowers. Periodically, the CEF will publish the names of memorial gift donors and recipients in “Christ is Our Hope” magazine. In Loving Memory With Deepest Sympathy for Your Loss and Heartfelt Joy upon Her Arrival! Memorialize a Loved One Often donors wish to remember a loved one, family heritage or particular cause by naming a specific fund, which serves as an everlasting remembrance. Gifts that Last Forever Various planned giving vehicles enable a gift to work forever by using only the income while the principal remains uninhibited. The Donor's Favorite Charity Funds can be earmarked for a special beneficiary or be unrestricted to serve the general purposes of the Catholic Education Foundation. Similarly, many planned gift vehicles are open-ended, and the donor may add to the corpus at a later date. Tax Advantage to Donor All contributions are accepted with the intention of providing optimal income tax deductions for the donor, and liquid assets are invested to produce maximum income for the charitable cause. A gift has been made to the to support a CEF Student Scholarship in loving memory of Martha Smith By: Joseph L. Langenderfer and Staff Catholic Education Foundation of the Diocese of Joliet First Communion at Holy Family Catholic School, Bensenville. HFCS received $91,500 from CEF Scholarship donors last year. 16 CURRENT GIVINGGifts That Make a Difference Today TYPEDESCRIPTIONBENEFITS W A Y S T O G I V E Outright Gifts Cash donations of any size are deposited in the CEF Grade School or High School Fund or a specified Scholarship Fund for immediate distribution in the given school year. • Provides tuition assistance to elementary and secondary school students • Tax deduction • Little or no capital gains on appreciated gifts such as stocks Donor-Advised Scholarship A gift of any amount can be added to an existing fund such as the Hispanic Scholarship Fund. • Easy to do • Tax deductible • Gift goes to work immediately Gift to Existing Scholarship Minimum gift of $5,000 allows you to name the fund and distribute tuition assistance to a specific school(s). • Flexibility of giving to your choice of school • Receive a report about the students who are receiving a scholarship from your fund • Grant recommendations available GIFTS THAT GIVE YOU INCOME Receive an Income for Life TYPEDESCRIPTIONBENEFITS Charitable Gift Annuity A minimum gift of $10,000 creates an agreement where the CEF guarantees a fixed amount from an interest rate based on your age. Upon death, the remaining assets are used for your specified educational causes. • Fixed income payments, guaranteed for life • A portion of the payments is tax-deductible • If the gift is funded by stocks or other appreciated property, some or all capital gains can be eliminated Charitable Remainder Trust With a minimum gift of $50,000, you receive income for a term of years and know a consistent number of qualified students will benefit. • Fixed OR variable payout of income • Gift is tax deductible • Use a bank or personal advisor as Trustee Charitable Lead Trust Your minimum gift of $50,000 is put into trust where a school or CEF only use the income for a period of years. • Perfect if you are in a high estate and tax bracket • Corpus is returned to you which allows the property to be passed onto others FUTURE GIVINGLeaving your Legacy TYPEDESCRIPTIONBENEFITS Bequest A designation in your Will instructing an outright gift or fund creation. • You can revoke the gift by changing the will Insurance Policy or Retirement Account Create a cash-value policy where you pay premium naming CEF as owner and beneficiary. You might also donate an existing paid-up policy. • You receive a tax deduction for the value of an existing policy when transferred • Premium payments are deductible as gifts 21 Joliet Catholic Academy Angels pray together before the game. JCA received received $175,500 from CEF Scholarship donors and Kazma Family Foundation last year. Wording for a Bequest Designation in a Last Will and Testament Donors who elect to bequeath assets for the benefit the educational programs in the parishes or schools of the Diocese of Joliet are encouraged to use the vehicle of The Catholic Education Foundation to ensure that their charitable intentions are satisfied in perpetuity and in accordance with their wishes. The following examples provide the suggested wording for such bequests to the Catholic Education Foundation of the Diocese of Joliet. Bequest for general purposes: a) I give $___________, or _______% of the rest, remainder, and residue of my estate at death, whichever is greater, to the Catholic Education Foundation of the Diocese of Joliet to be used without restrictions for general purposes as determined by the Catholic Education Foundation. b) I give $___________, or _______% of the rest, remainder, and residue of my estate at death, whichever is greater, to the Catholic Education Foundation of the Diocese of Joliet to be used for the benefit and unrestricted use of [name of parish or school]. Bequest for Specific purposes: a) I give $___________, or _______% of the rest, remainder, and residue of my estate at death, whichever is greater to The Catholic Education Foundation of the Diocese of Joliet to be used for [name of specific program or ministry]. b) I give $___________, or _______% of the rest, remainder, and residue of my estate at death, whichever is greater, to the Catholic Education Foundation of the Diocese of Joliet to be placed in [name of specific fund or endowment]. c) I give $___________, or _______% of the rest, remainder, and residue of my estate at death, whichever is greater, to the Catholic Education Foundation of the Diocese of Joliet to be distributed in the following manner: ( ______ %) of this gift to be used for [name of program or organization] and (______%) of this gift to be used for [name of program or organization]. Bequest for restricted endowment fund: I give $___________, or _______% of the rest, remainder and residue of my estate at death, whichever is greater, to the Catholic Education Foundation of the Diocese of Joliet. The property comprising this gift may, for investment purposes, be merged with any of the investment assets of the Foundation, but the gift shall be entered in the Foundation’s books and records as “THE _____________ FUND.” The Fund shall be administered by the Foundation and an annual distribution shall be made to the Diocese of Joliet as prescribed by the spending policies of the Foundation. The distribution is to be used as follows: [please describe any educational purposes]. Ministry Grants to Parishes Through the Ministry Grant distributions which are funded through operating revenue and not the annual Scholarship Campaign, the CEF funds ministries that enrich the faith understanding and deepen the spirituality of Catholics in parishes across the diocese as well as help to proclaim Christ and the Catholic faith to all through evangelization initiatives. Christ the King, Lombard Holy Family, Shorewood Holy Trinity, Westmont Immaculate Conception, Morris Immaculate Conception, Braidwood Maternity B.V.M., Bourbonnais St. Alexander, Villa Park St. Andrew the Apostle, Romeoville St. Charles Borromeo, Bensenville St. Francis Xavier, Joliet St. Irene/St. Michael, Warrenville St. Isidore, Bloomingdale St. Joseph, Addison St. Jude, New Lenox St. Patrick, Wilton Center St. Patrick, Joliet St. Philip the Apostle, Addison St. Scholastica, Woodridge St. Walter, Roselle/Mayslake Ministries Diocesan Vocations Office Endowment Funds Continuing Education for Parish Catechists and School Teachers The Leaders for the Future Program supports college – level study in order to develop future parish ministry and Catholic school leaders in the Diocese of Joliet. Other programs which include the Cohort with Lewis University for Educational Leadership Program and the University of Dayton - Institute for Pastoral Initiatives are designed to recognize the importance of supporting future lay leaders engaged in graduate study and ministry certification respectively for ministry in the Diocese. The following schools and parishes have teachers and catechists enrolled in these programs which the CEF supports through no-interest loans spanning 30 percent to 100 percent of the cost. After three years of continuous service in the Diocese, the CEF forgives the loans. Ascension of Our Lord Parish, Oak Brook Terrace Aquinas Catholic Academy, Kankakee Holy Family Catholic School, Bensenville Holy Ghost School, Wood Dale Holy Trinity School, Westmont St. Anthony Parish, Frankfort St. Dominic School, Bolingbrook St. Isidore Parish, Bloomingdale St. John the Baptist School, Winfield St. Joseph School, Downers Grove St. Jude School, New Lenox St. Mary School, Mokena St. Michael Parish, Wheaton St. Pius Parish, Lombard St. Raphael Parish, Naperville The Catholic Education Foundation promotes the following parish or school endowment funds as ideal receptacles for donor gifts in the spirit of ongoing donor education and in cooperation with our parishes and elementary and secondary schools. St. Francis High School, Wheaton All Saints Catholic Academy, Naperville St. Peter, Itasca Bishop McNamara High School, Kankakee St. Isaac Jogues, Hinsdale St. Philip the Apostle, Addison Holy Family, Shorewood St. Isidore Parish Education, Bloomingdale St. Pius X, Lombard Holy Ghost, Wood Dale St. James, Glen Ellyn St. Raphael, Naperville Holy Trinity, Westmont St. Joan of Arc, Lisle St. Raymond Cathedral, Joliet Immaculate Conception High School, Elmhurst St. John the Baptist, Winfield St. Scholastica, Woodridge Immaculate Conception Grade School, Elmhurst St. Joseph, Addison St. Teresa, Kankakee Mary Queen of Heaven, Lombard St. Joseph, Bradley St. Walter, Roselle Maternity BVM School, Bourbonnais St. Joseph, Downers Grove Visitation, Elmhurst Wenzel and Joan Bartel Notre Dame, Clarendon Hills St. Joseph, Lockport Our Lady of Peace, Darien St. Jude, New Lenox Providence Catholic High School, New Lenox St. Liborius, Steger Sacred Heart, Lombard St. Mary Immaculate, Plainfield Ss. Peter and Paul, Naperville St. Mary Magdalene, Joliet St. Alexander, Villa Park St. Mary Nativity, Joliet St. Andrew, Romeoville St. Mary of Gostyn, Downers Grove Wenzel A. & Anne M. Bartel Scholarship St. Mary, Mokena for St. Andrew the Apostle School, Romeoville St. Matthew, Glendale Heights St. Bernard, Homer Glen St. Michael, Wheaton St. Dennis, Lockport St. Patrick, Joliet St. Dominic, Bolingbrook St. Paul the Apostle, Joliet 23 Non-Profit Organization US Postage PAID Rescigno’s Marketing Connections Catholic Education Foundation DIOCESE OF JOLIET 101 W. Airport Road Romeoville, IL 60446 STAY IN TOUCH “LIKE” our Facebook Page and join the conversation with other schools, parishes, benefactors and foundations. www.facebook.com/CatholicEducationFoundationDioceseofJoliet VISIT US ON THE WEB www.dioceseofjoliet.org/edfoundation We Thank You! The Catholic Education Foundation... • • • • • • distributed nearly $1.8 MILLION last year to over 1,600 qualified students in the last 10 years, awarded over $12 MILLION in scholarships educates the general public about numerous tax advantage gift vehicle matches our donor’s specific charitable desires with effective and appropriate gift options is managed by a volunteer Board of Directors that provides strict accountability to donors and observes total compliance with the donor’s charitable wishes a 501 (c) 3 grant making corporation separately incorporated from the Diocese of Joliet Our Mission The Mission of the Catholic Education Foundation is to raise resources to allow children in need to attend elementary and secondary Catholic schools throughout the Diocese of Joliet. To meet this goal, the Foundation educates the general public of numerous tax advantaged gift vehicles, and works with the donor to determine an effective and appropriate plan to match their specific charitable intent. The seven counties of the Diocese of Joliet are blessed to have forty-eight elementary schools and seven high schools, each striving to bring the word of God to children in a Catholic faith-based environment. The Foundation directly distributes hundreds of need-based scholarships and educational program grants each year. The Foundation is managed by a Board of Directors, which includes both clergy and lay leaders from the diocese.