2014 March Insert: Catholic Foundation of Southern Minnesota

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Diocese of Winona Foundation Becomes the Catholic Foundation of Southern Minnesota Foundation financially supports Catholic programs, services And ministries within the 20 southern counties of Minnesota March 7, 2014 (Winona, MN) The Diocese of Winona Foundation as it’s been known since 1991 announced today an official name change to the Catholic Foundation of Southern Minnesota. The name change is intended to give the Foundation a stronger identity showing the broader reach of the organization's financial support of Catholic programs, services and ministries within the geographic area of the Diocese of Winona which includes the 20 southern counties of Minnesota. The Catholic Foundation of Southern Minnesota is one of the largest faith-based foundations in Minnesota serving more than 12,282 square miles in 20 counties that include Winona, Wabasha, Olmsted, Dodge, Steele, Waseca, Blue Earth, Watonwan, Cottonwood, Murray, Pipestone, Rock, Nobles, Jackson, Faribault, Martin, Freeborn, Mower, Fillmore, and Houston. The Diocese of Winona serves over 140,000 Catholics within 114 parishes/missions, 30 Catholic Schools and a Catholic university. “Throughout it’s history the Catholic Church has always provided to mankind and been a forerunner in brining the love of Christ to all people by providing programs and services through educational systems, healthcare systems and social justice systems,” said Joel Hennessy, Executive Director of the Catholic Foundation of Southern Minnesota. “Since 1991 our Foundation has been sharing and providing a tangible link to this message,” said Hennessy. As an independent corporation the Foundation has a separate Board of Directors, comprised of lay people and clergy, responsible for stewarding gifts made to the foundation and abide by the intentions of the donors wishes. The foundation manages and distributes the monies according to the donor’s wishes in areas of greatest need in the wider community. “The foundation plays an absolutely crucial role within our Diocese and beyond as it serves as the institution that promotes responsible and sophisticated planned giving,” said Chris Nelson, foundation Board Member and attorney with Dunlap and Seeger. “The foundation is an integrated, coordinated and systematic approach to tend those gifts, protect them and share them with God’s people,” said Nelson. “Stewardship can be all inclusive and touch every aspect of our lives”, said Michelle Pearson-Langowski, foundation Board Member. “ Stewardship through the Catholic Foundation of Southern Minnesota gives us an opportunity to faithfully use whatever God has blessed us with and is a way that leads us on a path to be closer to Christ and to be closer to his call to holiness,” said PearsonLangowski.

OUR MISSION The Catholic Foundation of Southern Minnesota supports financially the spiritual, educational, and social needs of the Cathollic Community in the geographical area of the Diocese of Winona in southern Minnesota. The Catholic Foundation of Southern Minnesota promotes compassionate charitable giving and stewardship by: • seeking endowment funds that support our mission • helping donors achieve their charitable and financial goals • helping parishes, schools, and Catholic organizations meet their longterm financial needs • providing responsible and effective financial management • distributing earnings according to donor intent Our Catholic communities have received more than $1.2 million in grants through The Catholic Foundation.

PO Box 30098 Winona, MN 55987

The Catholic Foundation currently manages assets in excess of $20 million. In addition to “Seeds of Faith” Endowment funds, donors to the Foundation can choose to support parishes, schools and other Catholic organizations. In addition, the Foundation offers life-income arrangements via charitable gift annuities, deferred charitable gift annuities, and charitable remainder trusts.

www.catholicfsmn.org | 507.585.1275

Catholic Foundation of Southern Minnesota / 55 West Sanborn St, Winona, MN 55987 / 507.454.4643 / www.dow.org


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2014 March Insert: Catholic Foundation of Southern Minnesota by Diocese of Winona-Rochester - Issuu