UP Catholic 03 10 2017 E Edition Page 12

12 March 10, 2017 THE U.P. CATHOLIC DIOCESAN ANNUAL REPORT www.upcatholic.org We've proudly completed masonry restoration throughout the Diocese of Marquette. Call us today! Masonry Restoration Water proofing Caulking Cleaning Tuck pointing P.O. Box 146 Grawn, MI 49637 (231) 269-3192 www.northern-restoration.com ST. MARY & ST. JOSEPH PARISH - IRON MOUNTAIN U.P. Catholic Foundation to help fund future BY JOHN FEE THE U.P. CATHOLIC Catholic causes in the diocese have a new process to provide long term sup- port. The newly-formed Upper Pen- insula Catholic Foundation will allow people and organizations the opportu- nity to form and build up permanent endowments that can fund Catholic works in perpetuity. For example, Terri Gadzinski said a former teacher could start an endow- ment that would provide tuition assis- tance for a Catholic school in the U.P. A couple that wanted to help with the ongoing maintenance of their home parish could start an endowment that would provide payments to keep the church maintained for generations to come. Gadzinski is the executive direc- tor of the foundation. The U.P. Catholic Foundation will provide a single organization, separate from the diocese, to professionally ad- minister many endowments that will provide permanent funding for Cath- olic causes. It will also simplify the process for those who want to support the Church for generations to come. Bishop (John) Doerfler has been very clear that he would like to es- tablish the Upper Peninsula Catholic Foundation for the good of all Upper Peninsula parishes and schools to as- sist them with managing and investing endowed funds, said David Williams, president of the foundation board. To this end he has assembled a wonderful cross section of faith-filled individuals who have, in a very short period of time, demonstrated a great desire to build a strong foundation for genera- tions to come. The diversity of our (eight) board members backgrounds will be a great asset, and one from which we can thoughtfully move forward to assist with meeting numerous needs, said Williams. He and his wife, Katheryn, are members of St. Anne Parish in Gladstone. They have five children, two of whom are students at Holy Name Catholic School in Escanaba. With roots in the Keweenaw, Wil- liams earned a degree in banking from Michigan Technological University in Houghton. He is president and CEO of Upper Peninsula State Bank head- quartered in Escanaba. Other members of the founda- tions board are Anthony Bertucci (secretary), St. John the Evangelist, Ishpeming; Jerome Brien, American Martyrs, Kingsford; Molly Johnston, St. Peter Cathedral, Marquette; Father Allen Mott, pastor St. Anthony, Gwinn and St. Joseph, Northland; Patricia Rudden, St. Anthony, Wells; Timothy Thomas (treasurer), St. Michael, Mar- quette; and Kate Swanson, St. Thomas the Apostle, Escanaba. A key goal of the foundation is to provide a solid structure that people can count on to accept and protect funds then return them to a parish, school or other Catholic entity in keep- ing with the grantors wishes. Williams said, The core funds will always be there and grow to help the par- ishes and schools Generations will benefit from that gift. The foundation does not wish to make money on this, but there will be some expenses, Williams said of the structure going into place. Our job will be to manage those to the abso- lute minimum, but to accomplish the mission. The fact that a structure to protect the funds permanently with some related costs is in place should be reassuring to potential grantors and benefactors, Williams said. By work- ing together and pooling resources through the U.P. Catholic Foundation, Williams said one group can do it for everybodyatamuchmoreicient cost. For more information about the U.P. Catholic Foundation, contact Terri Gadzinski at tgadzinski@ dioceseofmarquette.org or call (906) 227-9108. JAMIE GUALDONI THE U.P. CATHOLIC Board members of the U.P. Catholic Foundation are (left to right) front row: Jerome Brien (American Martyrs, Kingsford), Molly Johnston (St. Peter Cathedral, Marquette), Patricia Rudden (St. Anthony, Wells), Father Allen Mott (St. Anthony, Gwinn and St. Joseph, Northland); back row: Terri Gadzinski, executive director (St. Michael, Marquette), Tim Thomas, treasurer (St. Michael, Marquette), Anthony Bertucci, secretary (St. John the Evangelist, Ishpeming), David Williams, president (All Saints, Gladstone). Not pictured: Kate Swanson (St. Thomas the Apostle, Escanaba).

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