UP Catholic 10 23 2015 E Edition Page 18

18 October 23, 2015 THE U.P. CATHOLIC PRIESTHOOD SUNDAY www.upcatholic.org Goal met for diocesan seminarian endowment challenge Recently, the Diocese of Marquette reached its goal for a seminarian endowment challenge grant through Catholic Extension. Since the start of the calendar year for every qualifying $2 the diocese has raised towards its seminarian endowment, Catholic Extension has matched $1. As of Oct. 13, $100,000 in gifts has been raised by the diocese, and Catholic Exten- sion matched with $50,000. The endowment will help to cover the cost of formation for future sem- inarians. Currently, there are nine men studying for the priest- hood for the diocese. "We have a long way to go still to establish an endow- ment that will truly cover a significant portion of our annual seminarian education costs, but this has been a very substantial beginning," stated Father Benjamin Hasse, director of vocations for the Diocese of Marquette. "We are now better able to educate our current seminarians, and also better able to deal with new seminarians that we pray the Lord will raise up in the future." According to Catholic Ex- tension, the purpose of this initiative is to stimulate major gifts programs in dioceses and help ensure that dioceses will be able to grow their long- term financial capacity to fund the increasing cost of seminarian educa- tion. All funds that have been raised during this challenge have been designated only to a permanently-re- stricted endowment fund. Father Hasse and Terri Gadzins- ki, director of development for the diocese have been hard at work in 2015 to promote the endowment. The majority of the money raised was through personal contacts and putting on receptions throughout the diocese to showcase the importance of the fund. "The new seminarian endowment is now a reality! It holds the start of a nest egg that will continue to grow over time with new gifts and be an additional source of income to help fund the increasing cost of educat- ing seminarians," stated Gadzinski. "We are grateful to the people who invested early in this new endow- ment. Their gifts show foresight and wise stewardship of one our diocese's most precious resources for the fu- ture - its priests and future priests." Though the 50% match by Catholic Extension is no longer available for 2015, gifts continue to be accepted, in any amount at any time. For more information on this endowment, contact Gadzinski, at (906) 227-9108 or by e-mail at tgadzinski@dio- ceseofmarquette.org. To make a gift visit, www.dioceseofmarquette.org and click "Online Giving." COURTESY OF TERRI GADZINSKI Members of Catholic Extension pose for a photo with diocesan development director Terri Gadzinski and diocesan seminarians during the organization's site visit to Marquette in July.

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