2023
THE YEAR IN REVIEW
In this issue
“And God is able to bless you abundantly, so that in all things at all times, having all that you need, you will abound in every good work.”
2 Corinthians 9:8
A Testament of Faith, Hope, and Compassion
Dear Friends in Christ,
As we reflect on this past year, we are deeply grateful for the many ways we have witnessed God’s grace at work in our community. Through your generosity and faith, the Catholic Community Foundation has been able to carry out its mission to serve the Church, support our neighbors, and build a brighter future rooted in Christ’s love.
This year, we have experienced extraordinary blessings. With your partnership, we have:
- Distributed over $4,200,000 through 130 grants to Catholic parishes, schools, ministries and agencies.
- Received gifts of $2,700,000 from 190 dedicated donors.
- Increased the foundation’s endowments by $10,000,000 and assets under management by $12,000,000 helping to ensure sustainable support for generations to come.
Through these efforts, we are reminded of Christ’s call to be His hands and feet in the world. Your faith-filled commitment to stewardship has empowered the foundation to make a tangible difference in the lives of so many.
Looking to the future, we remain steadfast in our mission to serve the Church and our community. Our focus will remain on fostering generosity, advancing the Church’s ministries, and stewarding the resources entrusted to us with integrity and care.
Thank you for your trust, your prayers, and your continued partnership. Together, as one body in Christ, we are making a continuous impact—transforming lives and bringing hope to the world.
May God bless you and your loved ones abundantly.
In Christ’s service,
Alison Cochrane
CEO/PRESIDENT
Stephen M. Dufilho
CHAIR, BOARD OF TRUSTEES
“And God is able to bless you abundantly, so that in all things at all times, having all that you need, you will abound in every good work.”
2 Corinthians 9:8
STAFF, BOARD OF TRUSTEES OFFICERS, TRUSTEES & NON TRUSTEE-COMMITTEE MEMBERS
the BOARD OF TRUSTEES
Alison Cochrane
CEO/President
Jennifer Poppe
Operations Coordinator
Stephen M. Dufilho
Chair
investments
Frank M. Kudla, Jr.
Vice Chair and Chair,
Audit Committee
President & COO, FNK Ventures, L.L.C
Ray E. Berend
Chair, Audit Committee Certified Public Accountant
George J. Person
Secretary
Attorney At Law, Person, Whitworth, Borchers &
Morales, L.L.P
Most Reverend Gary W.
Janak, J.C.L.
Ex-Officio
Auxiliary Bishop of San Antonio Vicar General Chancellor
Eric C. Opiela
Treasurer
Attorney at Law
Most Rev. Gustavo García-Siller, M.Sp.S.
Ex-Officio
Metropolitan Archbishop Of San Antonio
Most Reverend Michael J. Boulette, D. Min.
Ex-Officio
Auxiliary Bishop of the Archdiocese of San
Antonio, Moderator of the Curia, Vicar
General
Richard Dietz
Past Chair, Investment Committee Retired AT&T Officer
Richard Kardys Jr
Chair, Investment Committee Retired Group Vice President – Frost Bank
Most Reverend Gary W. Janak, J.C.L.
Ex-Officio Auxiliary Bishop of San Antonio Vicar General Chancellor
Rev. Martin J. Leopold
Pastor, Mary Mother Of The Church Parish
Rick Molina
Owner, Mesquite Country Enterprises
Paul Olivier
Retired Banker
John Robb
Retired Banker
Jennifer Rodriguez
Director of Stewardship & Development Archdiocese of San Antonio
Richard Kardys
Investment Chair
Richard C. Dietz
Stephen M. Dufilho
Frank M. Kudla Jr.
Michael S. Ciskowski
Retired Executive Vice President & CFO, Valero Energy Corp.
Steve Oswald
Retired CEO & President Catholic Community Foundation
Tom Stringfellow
Chief Investment Strategist, Argent Financial Group
Frank M. Kudla, Jr.
Audit Chair
Stephen M. Dufilho
OUR MISSION
Facilitate, receive, manage, safeguard and grow investments; supporting organizations and donors aligned with the tenets of our Catholic Faith
OUR SERVICES
Endowments, Investment Agency Accounts and Donor Advised Funds.
WHY WE SERVE?
At the Catholic Community Foundation, our existence is defined by a sacred purpose, rooted in the rich teachings of the Roman Catholic Church. As stewards of God’s grace, we wholeheartedly embrace our mission to serve, uplift, and empower both the Church and the faithful. Here are five profound reasons why we passionately dedicate ourselves to this noble calling:
Fiscal Year In Review
Becoming an Optimal Blessing
Accepting God’s Gifts as For the Benefit of Others
By Paul and Evelyn Olivier
Preparing to retire in 2017, an opportunity presented itself for a mini-retreat: Sacred Fire – The Sessions of our Lives and the Stages of Discipleship conducted by Father Ron Rolheiser, OMI. Set in three stages, the retreat was captivating, focusing on: The Struggle to Get our Lives Together; The Struggle to Give our Lives Away; and, Radical Discipleship – The Struggle to Give our Deaths Away.
It was this last stage that truly captured our attention and caused us to focus. Father Rolheiser quotes Henri Nouwen here, At a certain point in our lives the question is no longer, “What can I still do that my life makes a contribution?” But: “How can I now live so my death will be an optimal blessing to my family, the Church, and the world?”
“How can I live so my death will be an optimal blessing…” encouraged us to think deeply about how we can be more helpful to others in the present and in the future; how can our passing from this life be a blessing to our family, church, and community? This led us to conversations with our estate planning attorney, our financial planning advisor, our accountant and the Catholic Community Foundation. The Catholic Community Foundation (CCF) was a perfect partner for establishing the planned giving portion of our estate plan. The process was easy and straightforward. We established a Donor Advised Fund (DAF) with CCF.
Because a deposit to a DAF is a charitable gift we were able to take a charitable gift tax deduction on our income tax when we made our initial gift, even though we did not have all of the funds disbursed to specific organizations that year. Gifts to other organizations from the DAF were made in subsequent years.
As the years go by, we are making additional deposits to our DAF and taking a charitable gift income tax deduction in the year of those deposits. And each year, we decide what organizations we will make gift recommendations out of the DAF while the funds in the DAF grow as these are invested.
CCF is a great place to have your DAF as all the funds held by CCF are invested according to the United States Conference of Catholic Bishops’ guidelines for socially responsible investing. This helps assure investors that funds are being invested according to Catholic teaching.
As an example of how this can work, we recently had gifts made from our DAF to the following:
We encourage you to consider a DAF as a giving arm for your charitable giving.
The Twin Missions of CCF
Since our inception in 2006, The Catholic Community Foundation of San Antonio has been an ardent champion of philanthropy within the Catholic community. We embrace a twofold mission:
Nurturing the Establishment of Permanent Funds:
At CCF, we walk alongside generous donors, empowering them to create enduring funds that stand as enduring testaments to their unwavering dedication to the causes close to their hearts. These funds are the bedrock of perpetual support, ensuring that the missions they support continue to thrive.
Facilitating Responsible Investment Stewardship:
CCF extends its committed hand to parishes, schools, and other Catholic organizations by providing them with efficient and morally sound investment management solutions. Our approach is rooted in Catholic Socially Responsible Investing, safeguarding the growth of endowment assets, and nurturing their capacity to serve our beloved Catholic community for generations to come.
5 Stages to Become a Donor With CCF
At the Catholic Community Foundation, embarking on the journey to become a compassionate benefactor is both straightforward and spiritually fulfilling. Here are five fundamental stages to become a cherished contributor and make a meaningful impact through our foundation:
Stage 1: Discern Your Catholic Calling
Stage 2: Select Your Philanthropic Approach
Stage 3: Connect with Our Catholic Community
Stage 4: Craft Your Catholic Giving Plan
Stage 5: Witness Your Catholic Impact
A GATEWAY OF HOPE FOR CATHOLIC SCHOOL STUDENTS
Hope for the Future (Hope) provides tuition assistance for students in financially disadvantaged families, opening a gateway to an excellent academic and faith-based education at a Catholic school of their choice within the Archdiocese of San Antonio. Catholic education changes lives. We offer tuition assistance to help make the educational and spiritual benefits of our schools a reality for these disadvantaged families.
Our funding comes from a variety of sources including nearly 20% comes from the Catholic Community Foundation which manages the Hope for the Future Catholic Schools Endowment Fund. This $10.8 million dollar Endowment provides nearly $500,000 in reliable support each year. Since 2013, the Endowment has funded more than 4,000 tuition assistance awards totaling over $3.6 million. The Endowment is such a blessing because we know the funds will come in year after year, allowing us to assist the families who count on us to be there for them.
The Endowment is such a blessing because we know the funds will come in year after year, allowing us to assist the families who count on us to be there for them.
Catholic students from at-risk backgrounds are 42% more likely to graduate high school than their public-school peers. In fact, 98% of high school seniors who receive a Hope award graduate from high school and go on to college or military service. Catholic school graduates are change agents; they are more likely to vote, volunteer, give to a charity, and go to church than their public-school peers. Our Catholic Schools ignite a love of learning, inspire lives of faith, and compel young men and women to be the very best version of themselves, the person God created them to be
Financial Health
Endowments
An Endowment Fund provides funding to a Catholic parish, school, organization or charitable cause in perpetuity, making it possible to ensure long-term financial support. The Catholic Community Foundation distributed 59 grants for over $3,260,000 in 2023 and, since inception, 425 grants for over $24,000,000.
leticia r. elder
donor advised member
“We believe we receive with one hand & give out with the other hand. Ultimately, it is Christ within who is the giver.”
Donor advised fund
A Donor Advised Fund is an invested fund that an individual or family can create to allow for long term, hands-on, philanthropic giving. Contributions are always tax-free. They can be done as often as you wish. DAFs are a great alternative to creating a family, private foundation. The Catholic Community Foundation issued 70 grants for $900,000 in 2023 bringing the total number of Grants to 286 for $3,200,000.
- Archbishop José H. Gomez Donor Advised Fund
- Cynthia & Mark Hoffmann Family Donor Advised Fund
- Dietz Family Foundation Donor Advised Fund
- Emily A. Frazier and L.T. Wade Trust Donor Advised Fund
- Kudla Family Foundation Donor Advised Fund
- Mary Mother of the Church Donor Advised Fund
- Mitchell and Christine Finnie Donor Advised Fund
- Norman D. and Leticia R. Elder Family Donor Advised Fund
- Olivier Family Fund Donor Advised Fund
- Ray & Dorothy Berend Donor Advised Fund
- Stephen M. Dufilho Family Charitable Donor Advised Fund
- The Vance Family Donor Advised Fund
- ACTS Missions
- Air Force Village II Catholic Congregation
- Antonian College Preparatory School
- Archdiocese of San Antonio
- Catholic Cemeteries of the Archdiocese of San Antonio
- Catholic Charities of San Antonio Fund
- Church of the Good Shepherd Catholic Church
- Church of the Holy Spirit Catholic Church
- Discalced Carmelite Fathers of Arkansas
- Discalced Carmelite Fathers of San Antonio, Inc.
- Holy Rosary Catholic Church
- Immaculate Heart of Mary Catholic Church
- Immaculate Conception of the Blessed Virgin Mary Catholic Church
Investment Agency Accounts
Catholic parishes, schools and organizations partner with the Catholic Community Foundation through an investment agency account to manage, grow and safeguard their assets. They can balance their acceptable risk with financial objectives while investing in a manner consistent with our Catholic faith. The Catholic Community Foundation now has 70 investment agency accounts with over $34,000,000 in assets.
- ACTS Missions
- Air Force Village II Catholic Congregation
- Antonian College Preparatory High School
- Archdiocese of San Antonio
- Catholic Cemeteries of the Archdiocese of San Antonio
- Catholic Charities of San Antonio
- Church of the Good Shepherd Catholic Church
- Church of the Holy Spirit Catholic Church
- Discalced Carmelite Fathers of Arkansas
- Discalced Carmelite Fathers of San Antonio,Inc.
- Holy Rosary Catholic Church
- Immaculate Conception of the Blessed Virgin Mary Catholic Church
- Immaculate Heart of Mary Catholic Church
- Las Misiones (Old Spanish Missions, Inc.)
- Our Lady of Grace Catholic Church
- Our Lady of Guadalupe Shrine Catholic Church
- Our Lady of Perpetual Help (San Antonio)
- Mary, Queen of the Universe (Comstock)
- Mexican American Catholic College
- Mission San Francisco de la Espada
- Old Spanish Missions, Inc.
- Our Lady of Grace Catholic Church
- Our Lady of Guadalupe Shrine Catholic Church
- Our Lady of Perpetual Help (San Antonio)
- Our Lady of Perpetual Help (Saspamco) Elmendorf
- Sacred Heart Catholic Church (Del Rio)
- Sacred Heart Catholic Church (Floresville)
- Sacred Heart Catholic School (Del Rio)
- Santa Clara Cemetery Fund (Seguin)
- Seton Home
- Seynor Santo Nino DeCebu Catholic Church
- St Peter Upon the Water Center for Spiritual Direction and Formation Fund
- St. Andrew Catholic Church
- St. Ann Catholic Church
- St. James Catholic Church (Seguin)
- St. John Bosco Catholic Church
- St. John Neumann Catholic Church
- St. Louis Catholic Church
- St. Mary Magdalene Catholic Church
- St. Mary Queen of the Universe (Comstock)
- Sacred Heart Catholic Church (Del Rio)
- Sacred Heart Catholic Church (Floresville)
- Sacred Heart Catholic School (Del Rio)
- San Antonio Birth Doulas
- San Francisco de la Espada Mission
- Senyor Santo Niño de Cebu Catholic Church
- Seton Home Education Endowment Fund
- St. Andrew Catholic Church
- St. Ann Catholic Church
- St. Anthony Catholic Church
- St. Anthony Catholic Church (Elmendorf)
- St. Brigid Catholic Catholic Church
- St. Francis of Assisi, (Medina Lake Chapel) Mico
- St. Gerard Catholic Church
- St. James Catholic Cemetry
- St. Mary’s University
- St. Michael Catholic Church
- St. Peter Upon the Water Center for Spiritual Direction and Formation
- St. Peter-St. Joseph Children’s Home Fund
- St. Pius X Catholic Church
- St. Timothy Catholic Church
- St. John Neumann Catholic Church
- St. Louis Catholic Church
- St. Mary Magdalene Catholic Church
- St. Mary Queen of the Universe (Comstock)
- St. Mary’s University
- St. Michael Catholic Church
- St. Peter Upon the Water Center for Spiritual Direction and Formation
- St. Peter-St. Joseph Children’s Home Fund
- St. Pius X Catholic Church
- St. Timothy Catholic Church
Donor Advised Fund grant recipients
- Archdiocese San Antonio for Priestly Bursa
- Assumption Seminary
- Brothers of the Sacred Heart
- Catholic Charities Archdiocese of San Antonio
- Catholic High School of Baton Rouge, LA
- Catholic Medical Mission Board Inc
- Catholic Near East Welfare Association
- Catholic Television Archdiocese San Antonio
- Project Quest
- Sacred Heart Southern Missions
- San Antonio Food Bank Summer Meals Kids
- Seton Home
- Congregation of Divine Providence
- General & Nancy Lee Brady Foundation
- Grant to Catholic Community Foundation
- Alliance of Children’s Rights Mercy Home for Children
- Ascension DePaul Services 2022 IMPACT Campaign Natural Womanhood
- Assumption Seminary Oblate Sisters of St. Francis de Sales, Inc
- Boys Town Our Lady of Lake University
- Brothers of the Sacred Heart Our Lady of Wisdom University Parish
- Catholic Answers, Inc. Pilgrim Center of Hope Inc for Catholic Women’s Conference
- Catholic Charities of the Archdiocese of SA Pilgrim’s Pantry
- Catholic Charities, Uvalde Crisis Relief Services Sacred Heart Catholic Church Uvalde
- Catholic Community Foundation Sacred Heart Southern Missions
- Guadalupe Community Center
- Guadalupe Home
- Hill Country Pregnancy Care Center
- Incarnate Word High School
- LaPromesa – Guadalupe Radio Network
- LSU Foundation
- Marian Community of Reconciliation
- Mercy Home for Children
- Oblate Sisters of St. Francis de Sales, Inc
- Our Lady of Lake University
- Our Lady of Wisdom University Parish
- Catholic High School of Baton Rouge, LA SAMMinistries
- Catholic Medical Mission Board Inc San Antonio Food Bank
- Catholic Near East Welfare Association Seton Shrine
- Congregation of Divine Providence Special Olympics of Texas
- FOCUS missionary – Laura Sprute at Auburn University St. Francis of Assisi – Parish Festival
- Fullness of Truth St. Labre Indian School general operations
- Archdiocese for The Military Services USA St. Mary’s University School of Law
- Guadalupe Community Center St. Mary’s Catholic School (Fredericksburg)
- Guadalupe Home St. Matthew Catholic Church – McDonald Family Center
- Hill Country Pregnancy Care Center St. Peter Prince of the Apostles Catholic Church
- Hope for the Future Khaki & Plaid St. Thomas More Catholic School in San Antonio
- Knights of Columbus Charitries for ASAP Program Students for Life America
- Knights of Columbus Charitries for Ukrainian Solidarity Fund The Alexander House
- LSU Foundation The Archbishop’s Annual Appeal
- Lumus Foundation USA The Fund for Central Catholic
- Marian Community of Reconciliation The Sudan Relief Fund
- Pilgrim’s Pantry
- Seton Shrine
- St. Anthony Catholic School
- St. Labre Indian School
- St. Mary’s University School of Law
- St. Mary’s Catholic School (Fredericksburg)
- St. Peter Prince of the Apostles Catholic Church
- St. Vincent DePaul Society SW Texas
- Students for Life America
- The Archbishop’s Annual Appeal
- The Fund for Central Catholic
- UIW Medical School Campaign
- Mary Mother of The Church Parish Word Among Us Partners
- Meals on Wheels San Antonio
- Mercy Home for Children
- Natural Womanhood
- Oblate Sisters of St. Francis de Sales, Inc
- Our Lady of Lake University
- Our Lady of Wisdom University Parish
- Pilgrim Center of Hope Inc for Catholic Women’s Conference
- Pilgrim’s Pantry
- Sacred Heart Catholic Church Uvalde
- SAMMinistries
- San Antonio Food Bank
- Seton Shrine
- Special Olympics of Texas
- St. Francis of Assisi – Parish Festival
- St. Labre Indian School general operations
- St. Mary’s University School of Law
- St. Mary’s Catholic School (Fredericksburg)
- St. Matthew Catholic Church – McDonald Family Center
- St. Peter Prince of the Apostles Catholic Church
- St. Thomas More Catholic School in San Antonio
- Students for Life America
- The Alexander House
- The Archbishop’s Annual Appeal
- The Fund for Central Catholic
- The Sudan Relief Fund
- Word Among Us Partners
AN AUTONOMOUS PIOUS FOUNDATION
All funds are managed and invested in accordance with the tenets of our Catholic faith.
staff
ALISON COCHRANE
CEO/PRESIDENT
Jennifer Poppe
Operations Coordinator
phone
210.732.2157
ccfinfo@ccftx.org
website
www.ccftx.org
address
111 Barilla Place,
San Antonio, Texas 78209
STATEMENT OF DISCLAIMER
This email may contain privileged and/or confidential information. If you are not the intended recipient(s), or the employee or agent responsible for delivery or copying of this email message, you are hereby notified that any dissemination, distribution or copying of this email message is strictly prohibited. If you have received this message in error, please immediately notify the sender and delete this email message from your computer. Any information contained in this communication and/or its attachments is not intended to be tax advice. The Catholic Community Foundation (CCF) and the Catholic Fraternity Fund (CFF) strongly suggest that you consult with a tax professional concerning any tax matter. Recipient should check this email and any attachments for the presence of viruses. Neither CCF nor CFF accepts any liability for any damage caused by any virus transmitted by email. Some or all of the information contained herein (or attached hereto) may be obtained from sources we believe to be reliable however neither CCF nor CFF warrants its accuracy or completeness. The sender of this electronic mail does not accept liability for any errors or omissions in the contents of this message which arise as a result of transmission circumstances.
Potential investors are advised to review the Catholic Fraternity Fund’s Disclosure Statement at:
https://ccftx.org/wp-content/uploads/2024/06/CFF-Disclosure-Statement-June-24-2024.pdf
