Annual Newsletter 2023 FY
Annual Newsletter 2023 FY
Annual Newsletter 2023 FY
A Legacy of Philanthropy
The Sobrato Family The Fogelquist Fund The Paulraj Family Fund
Culture of Philanthropy for Education for the Catholic
Community at Stanford
The Catholic Community Foundation
All our grant making is made possible through the generosity of donors like you. A community
foundation is simply a collection of funds, all of which are created by donors based on what inspires
them. At the Catholic Community Foundation, our job is to walk alongside donors as they explore
their philanthropic goals and interests. In this report, you will read stories about donors who chose the
Catholic Community Foundation as their partner in their journey of philanthropy.
Dear Friends,
The culmination of the Foundation’s work and the
most important measure of our success is grant
making. In 2023, we granted over $10 million for
the first time.
A major theme for us in 2023 was ENGAGEMENT.
We worked with many families to deepen and expand their philanthropy through thoughtful planning.
Central to this engagement is the charitable equity that we hold for families in the form of Donor
Advised Funds (DAFs). In 2023, we launched an innovative Donor Advised Fund Match, adding $5.3
million to DAFs and creating the Catholic Impact Fund for targeted grantmaking to augment ministry
and improve community.
As we look forward, we are pleased to be able to support the Pastoral Plan for the Diocese of San
José which was announced in 2023. Bishop Cantú’s plan will add beautiful context to our grant
making and offer us the opportunity to inspire families in support of Diocesan ministry.
We also continued our deeply valuable relationships with trusted advisors. We partner with these
professionals in support of families to craft creative and meaningful plans for current and legacy
giving.
In 2023, we had five deeply committed directors term off of the board. We offer thanks for
the ineffable value to Jim Cashman, Tom Crotty, C.S. Park, Bertha Minnihan, and Charmaine
Warmenhoven. We look forward to a continued collaboration with these leaders.
Moreover, we express great gratitude to Jim Cashman, whose three years as board chair included
guiding us through the pandemic.
We invite you to read about stories of philanthropy, connection, collaboration, and impact. We hope
you will be inspired and join us.
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Donor Stories
Moving their DAF was simple. This can be Interested in creating your own
achieved by simply making a grant from an philanthropic strategy?
existing DAF to the Foundation. They were
doubly motivated to move their fund because of Get started using the Foundation’s
the Foundation’s ongoing Donor Advised Fund Philanthropy Primer which will walk you
Match opportunity (see more details on pages through a series of questions to get you
5-6 of this report). “Opening the fund has been started.
simple and pain-free. They make it easy, and the
staff is very accessible,” said Amy.
4
Donor Advised Fund Match
Contribute to a new or existing DAF through the end of 2024 – or until
matching dollars run out!
HOW IT WORKS
WE MATCH 6%
of your contribution to your new or existing DAF, split 50/50
3% 3%
deposited directly added to CCF's
into your DAF Catholic Impact Fund
In October of 2023, the Foundation announced There was a lot of enthusiasm from current and
a match for contributions to new and existing new fund holders around the match right off
Donor Advised Funds (DAFs). Sponsored by a the bat! By December 31, 2023, about half of
generous donor, the match has two aims: the available matching money had already been
to increase the impact of donors’ giving via used.
Donor Advised Funds
to create a new, flexible grantmaking fund
that the Foundation can use to respond Learn more
to current needs in our community – the catholiccf.org/daf-match
Catholic Impact Fund
6
Investments
We offer our three investment options for non- For more information about the asset
endowed funds and along with a special pool mixes and results for each pool, visit
exclusively for endowed funds. catholiccf.org/investment-management
INVESTMENT OBJECTIVES
1 2 3
Focus on the long- Pool assets to Participate in responsible
term returns, providing capitalize on scale investing, which includes
FOREVER VALUE for our and gain access to top both Catholic screens
beneficiaries managers and impact investing
$63.5 Million 4M
2.9
Grants By Recipient
2.6 Million 0.5 Million 1 Million 2.5 Million 5 Million
8
Grants
www.aap.org/en/advocacy/child-and-adolescent-healthy-mental-development/aap-aacap-cha-declaration-of-a-
1
national-emergency-in-child-and-adolescent-mental-health
41,900
$308,000 $26,000
Apolonia Andre Fund
Family Life
151 48
TOTAL NUMBER RECIPIENT
OF GRANTS ORGANIZATIONS
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Professional Advisors
The Foundation partners closely with estate planning, tax, wealth management, insurance, and other
related professionals. We offer unique value for their clients via our philanthropy planning services and
our innovative approach to charitable legacy.
We engage with advisors one-on-one, through small group education events, and through our annual
Capstone Advisor Session.
Andy Alves, Frank, Rimerman + Co., LLP Sara Hire, Hopkins & Carley
Brad Baron, RBC Wealth Management Mark Johnsen, Wealth Architects, LLC
Christina Bedolla, Ferrari, Ottoboni, Caputo & Larry S. Kuechler, CPA
Wunderling LLP Dermott Larkin, Perigon Wealth Management,
Jerome Bellotti, Jerome A. Bellotti & Associates LLC
Frank Boitano, Abbott, Stringham & Lynch Julia Matsudaira, Jordan Park
Steven Braccini, Sheppard Mullin Tim Maximoff, Hoge Fenton Jones & Appel, Inc.
Lisa Intrieri Caputo, Ferrari, Ottoboni, Caputo & Nancy Moriarty, Frank, Rimerman + Co., LLP
Wunderling LLP Charles Packer, Hopkins & Carley
James Cashman, Berliner Cohen LLP Jim Parks
Tom Crotty, Sensiba LLP Brandon Rebboah, Berliner Cohen LLP
Jennifer Cunneen, Cunneen Law David Sacarelos, Seiler LLP
Dave Davis, Johanson & Yau Accountancy Corp. John D. Sensiba, Sensiba San Filippo LLP
John Doyle, WealthPLAN, PC Matthew Sheehan, Morgan Stanley
Jennifer Elmenhurst, Enterprise Trust and Brian L. Shetler, Berliner Cohen LLP
Investment Co. Jennifer Silvas, Sensiba LLP
Kathy Fitzpatrick, Fitzpatrick & Tucker, Inc. Leslie Yarnes Sugai, Sugai & Sudweeks
Tom Glascott, Eckley Lombardi Glascott, LLP Raymond Triplett, Triplett Financial
Doug Hansen, Deloitte Vicki Viso, Viso Insurance Services
Andrea H. Hensler, Ramsbacher Prokey Leonard Charles Volpe, Berliner Cohen LLP
LLP
Nathan Wright, Moss Adams
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Fund List
14
NON PROFIT
ORGANIZATION
U.S. POSTAGE
PA I D
SAN JOSÉ, CA
PERMIT No. 1
777 N. First Street, Suite 490
San Jose, CA 95112-6339
Phone (408) 995-5219
Fax (408) 995-5865
[email protected]
www.catholiccf.org
@TheCatholicCommunityFoundation
The Catholic Community Foundation
Foundation Staff
Mary Quilici Aumack, CEO
Sean Finigan, Director of Finance and Administration
Marie Galetto-Dugoni, Director of Engagement and Communications
Maya Reyes, Grants Program Manager
Nora Wilkinson, Administrative Coordinator