Recent News

Colonial Consulting Reports Investment Performance

Colonial Consulting, LLC, the investment consultant for the Foundation, shared with guests in attendance at the December annual reception, the following investment performance: Relative internal, asset allocation blended benchmark: CYTD +1.6%, and outpacing it in trailing 1, 3, 5, 7 and 10 year time periods. Past 10 years, by 1.3% annualized. Peer Rankings versus other community foundations (through September 30th) – Calendar Year to Date, best performer out of 94 community foundations, outpacing median by 2.9%. Past 1 year, 2nd best performer out of 93 community foundations, outpacing median by 3.4%. Past 10 years, top 20% of all community foundations, outperforming the median by 1.0% annualized. 10 years through June 30th, matched returns of Cornell and Brown, outpaced Harvard by...

15th Anniversary Year Contest Winners Announced

The Foundation celebrated it’s 15th year anniversary at their annual reception by announcing the five $15,000 winners of the Grant A Wish Contest.  The over 150 guests in attendance celebrated the following five winners and the granting of their wish: Immaculate Conception Parish, West Bend, WI; Holy Cross Catholic Church, Bristol, WI; Immaculate Conception Parish, Milwaukee, WI; St. Catherine Congregation, Milwaukee, WI; and St. Lawrence Congregation, Hartford, WI.  Each pastor/parish director/cluster administrator was in attendance to receive their $15,000 award and express appreciation to the Foundation.  Of the 198 parishes in the ten counties of Southeastern Wisconsin, 53 parishes sent in a request hoping to have their wish...

Foundation Kicks Off Its 15th Anniversary Year

The Foundation announced the celebration of another milestone in the journey started July of 2001.  It has surpassed the $7,000,000 mark in cumulative grants awarded since its inception with the inclusion of the $909,000 grants awarded this 2015/16 fiscal year ending June 30, 2016.  This fiscal year the Foundation awarded 108 grants to organizations that support causes consistent with the priorities of Catholic elementary and secondary education, leadership development, community building, and health...

Foundation Officers Appointed

The Board of Directors appointed the following board members as officers for the 2016/17 fiscal year.  John A. Herbers, an attorney with Reinhart Boerner Van Deuren SC, was appointed Chairman of the Board; Dave Morris of RBC Wealth Management as Vice Chairman/Vice President; Ann Rieger of Davis & Kuelthau SC as Vice President; and Jon Baranko of Wells Capital Management as Secretary.  All are serving their second term in these...

Fr. Dan Janasik Appointed Dean

Best wishes to the Very Rev. Daniel Janasik, pastor of St. Leonard’s Parish in Muskego and a board member of The Catholic Community Foundation, on his appointment as dean of the Waukesha West Deanery by Archbishop Jerome Listecki.  May the Lord’s blessings be upon him and the good work that he...

Foundation Receives an Award!

On Thursday, July 16, the Foundation was honored to be one of five recipients to receive a Philanthropy Impact Award from the Sixteenth Street Community Health Care Centers.  This organization has been awarded grants from the Foundation since 2004 as part of the Health Care priority.  We were happy to be recognized and it was good for me to be able to accept the award and share with the audience some information about the Foundation and our...

Foundation Officers for New Fiscal Year

The Board of Directors appointed the following board members as officers for the 2015/16 fiscal year.  John A. Herbers, an attorney with Reinhart Boerner Van Deuren SC, was appointed Chairman of the Board; Dave Morris of RBC Wealth Management as Vice Chairman/Vice President; Ann Rieger of Davis & Kuelthau SC as Vice President/Treasurer; and Jon Baranko of Wells Capital Management as...

IRAs for Charitable Giving

I have found that many clients have substantial IRA and retirement plan benefits, and these balances make ideal gifts to their charitable beneficiaries after their death.  These gifts avoid income tax because the IRAs and retirement benefits pass tax-free to the charitable organizations.  But Roth IRAs are not as good as regular IRAs to give to charity, because Roth IRAs are generally not subject to income tax. Also, in some prior years the IRS has allowed IRA owners who are 70 1/2 years old to transfer up to $100,000 of their IRAs per year directly to charity during their life.  These “Direct Charitable Rollovers” simplified tax reporting and reduced or eliminated the clients’ “Required Minimum Distributions” from their IRAs for those years.  However, as of the date of this blog, the “Direct Charitable Rollover” is not allowed.  We hope that Congress will re-enact these rules to allow people to use their IRAs for charitable giving both during their lives and after their deaths....

Continuing the Weekly Envelope

Like most Catholics, you put an envelope in the basket every Sunday of your life because you support the mission of the Church and your parish.  To borrow a favorite phrase of a local estate planning attorney — Why wouldn’t you want to continue that support after you are gone?  By establishing a fund with The Catholic Community Foundation, you have an easy way to continue to support not only your parish, but also other nonprofit organizations that further the mission of the Church.  Your legacy will affect positive change and growth in programs and projects you care most about.  To find out how to do this, click on the “Donors”...

Morning message

Years ago, a priest reminded me of the importance of moments of daily prayer to provide perspective and strength to carry out my daily work. I was a busy, working mom, considering it a good day if I remembered to say a word of thanks as I collapsed into bed each night, realizing as my children would say their prayers, I’d be distracted by my ever-present “to do” list. About this same time, the internet became a source of daily information and inspiration with “recipes of the day”, “jokes of the day” and other “tips of the day”. Some thought-provoking sites provided messages which became very important to me as I read my daily e-mails. I urge you to search and enjoy moments in your day to pause and think of the blessings and challenges of your daily life — and talk them over with God. One of my favorites is “In the Company of Prayer,” providing a single line prayer and short reflection. These “morning briefings” are sent at 4:00 a.m. It is often the first email I read when I get to my office, feeling God’s direction through the words in these daily messages as I start my...