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MISSION STATEMENT The Foundation is a tax exempt, non profit charitable corporation established to provide endowment and other funds for the parishes,

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Presentation on theme: "MISSION STATEMENT The Foundation is a tax exempt, non profit charitable corporation established to provide endowment and other funds for the parishes,"— Presentation transcript:

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2 MISSION STATEMENT The Foundation is a tax exempt, non profit charitable corporation established to provide endowment and other funds for the parishes, schools and agencies for the Diocese of Syracuse, to solicit those funds, to invest funds and to distribute earnings according to donor designations and the purposes of the Foundation.

3 History Established in September of 2011, as an Independent entity
July 1, 2016 Stewardship and Development Office transferred under the legal structure of the Foundation July 1, 2016, Creation of the Executive Director position November 7th, 2017 Appointment of Executive Director June 30, 2017, retirement of Director of Stewardship and Development

4 FUNDS Hope Appeal Campaign Cathedral Restoration Heritage Foundation
Scuderi Foundation McDevitt Foundation (Under Advisement) 15 Permanently Restricted Funds 11 Temporarily Restricted Funds 1 Board Designated Endowment (Parish Fund)

5 Responsibilities Transferred to Foundation
Annual HOPE Appeal Cathedral Restoration Campaign Planned Giving Increased Offering Program Heritage/McDevitt Grant Distribution Major Donor Cultivation and Solicitation

6 Priorities Increase Visibility Fundraising Board Development
Advertising Public Relations Media, Social Platforms Fundraising System review and upgrade Major Gift Program Planned Giving Increased Staff Electronic Giving Board Development Increase Membership Functional Committees Diversity

7 FOUNDATION BOARD Officers Members President – Bishop Cunningham
Vice President- Elizabeth Harnett Secretary – Patrick Mannion Treasure – William Drescher, Jr Members Msgr. Timothy Elmer, Vicar General Msgr. Richard Kopp. Vicar for Priests John Barsanti, COO/CFO Daneille Cummings, Chancellor Noreen Falcone Dennis Owen William McCormack Deacon Joseph Casper Patrick Murphy Edwin Kelly Matthew Lumia

8 Cathedral Restoration Progress Report
Campaign Code Number Amount Total Pledged- Leadership Phase (includes in-kind)* 42 $ 6,777,762 Pledged- Cathedral Parish Phase 305 $ 1,187,879 Pledged- Parish Phase (Major + General Gifts) 6,393 $3,923,409 Pledged- Clergy Phase 101 $ ,898 Pledged- Diocesan Church 4 $ ,400 Pledged- All Phases 6,845 $12,199,948

9 Cathedral Restoration Donation Sources
Leadership Giving $6,800,000 Individual $4,400,000 Institutional $2,400,000 Parish Giving $5,400,000 General Parish $3,900,000 Cathedral Parish $1,190,000 Clergy $310,000

10 Cathedral Restoration Phases
Phase 1—Cathedral Parish Center and Gathering Space. Final Completion in Progress—est. $4.5M Phase 2—Cathedral Church Est. $5.25M Work begun Cathedral closed from now until Holy Week. Easter Monday to Labor Day

11 2017 HOPE Appeal 39th Annual HOPE Appeal Leadership Mailing April 3
HOPE Appeal Annual Report mid-April Materials will be Mailed to Parishes May is HOPE Appeal Month May is HOPE Appeal Weekend May 8 or 15 are General Mailing Dates Goal is $4,750,000 $4,850,000 pledged for 2016 HOPE

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