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Author: Sammie Schofield

Catholic Community Foundation - News

Financial Stewardship & Performance - March 31, 2023

by Sammie Schofield May 24, 2023

In serving directed giving by donors to specific Catholic parishes, schools, cemeteries, and other ministries, the CCFESD maintains a strong commitment to Catholic stewardship. This involves both good financial accounting as well as Catholic Responsible Investing, with an annual independent audit.

For the nine months ending March 31, 2023, the results are as follows:

All of these gifts are directed by donors to specific ministries that they have designated, including local parishes, schools and other charities.

While prudent financial management of these funds is critical in preserving capital and maximizing investment returns, the priority of the CCFESD is to incorporate Catholic Responsible Investment screening, utilizing a diversity of funds and managers. The investments within the CCFESD portfolio are screened to invest in accordance with Catholic values.

The first quarter of 2023 was positive in the investment markets. In spite of continued inflation concerns, employment and activity data continued to be resilient.  Our portfolio diversification has helped during this time of volatility.  The Foundation’s staff, investment committee, and consultant will continue to monitor the portfolio and implement any changes as necessary.

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Catholic Community Foundation - News

The Spirit of Volunteerism - Honoring Those Who Serve Others

by Sammie Schofield May 23, 2023

Volunteer Appreciation Day is celebrated annually on April 20 to honor all those who give their time, talents, and treasure to others. The Catholic Community Foundation is grateful for everyone who willingly shares their passion for helping others with our team. From serving on our Board of Directors, event committees, in-office assistance, and everything in…

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Catholic Community Foundation - News

CCFESD Board Meeting Returns to Huron

by Sammie Schofield May 22, 2023

The Catholic Community Foundation (CCFESD) was blessed to hold its April 27 Board Meeting "on the road" returning to Huron, the location of its first Board Meeting in May 1987. Thirty-seven board members from 20 different parishes engaged in the day’s activities. “It was the most life-giving event our parish has had in years,” according…

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Catholic Community Foundation - News

Meet Dave Vetch - Aberdeen & Pierre Gift Planning Officer

by Sammie Schofield May 22, 2023

David Vetch serves the Aberdeen/Pierre Deanery as Gift Plan Officer for the Aberdeen Catholic Foundation and the Pierre Catholic Foundation.  David was raised on a farm outside Onaka, SD, and loves the world of agriculture and small towns.  He and his wife Sara, have four grown children and currently 3 grandchildren, and one is on…

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Catholic Community Foundation - News

Conzemius Retiring as President/CEO After 29 Years | Continuing as a consultant and producer of “Christmas at The Cathedral”

by Sammie Schofield March 7, 2023

After leading the Catholic Community Foundation for Eastern South Dakota (CCFESD) for 29 years, Mark Conzemius will be officially stepping down as President/CEO at the end of 2023. “I have been so very blessed to be involved in the work of the Church through the CCFESD,” said Conzemius. “To journey with faith-filled, generous donors who…

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Catholic Community Foundation - News

Tax-Free IRA Gifts | IRA Rollovers

by Sammie Schofield March 6, 2023

The IRA Charitable Rollover.   Required Minimum Distributions (RMD): As of January 2023, under the SECURE 2.0 Act of 2022, the required age for minimum distributions (RMDs) increased to 73 (up from the previous age of 72).   Qualified Charitable Distributions (QCD): At age 70½ an amount of up to $100,000 each year can be directed to…

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  • Financial Stewardship & Performance – March 31, 2023
  • The Spirit of Volunteerism – Honoring Those Who Serve Others
  • CCFESD Board Meeting Returns to Huron
  • Meet Dave Vetch – Aberdeen & Pierre Gift Planning Officer
  • Conzemius Retiring as President/CEO After 29 Years | Continuing as a consultant and producer of “Christmas at The Cathedral”
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Address:523 N. Duluth Ave. Sioux Falls, SD 57104
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COVID-19 Update: Bishop’s Fishing Tournament Goes Virtual

At the Catholic Community Foundation for Eastern South Dakota, our priority is the well-being of our donors, event participants, staff and the entire Diocese.  During this time of uncertainty, we are monitoring the status of COVID-19 daily with a primary goal of keeping everyone safe and healthy. As stronger restrictions have become imposed, the Catholic Community Foundation, along with the members of the Bishop’s Fishing Tournament committee, has reached the decision to pivot this year’s tournament to a virtual event.

Your support of the virtual Bishop’s Fishing Tournament is needed now more than ever. If you have already registered, THANK YOU for your support and understanding.  A member of our team will reach out to you to convert your registration to comply with this new virtual fishing event.  If you have yet to sign up, we hope that you will do so. In this 24th year of the Bishop’s Fishing Tournament, your support continues to be so important.  The tradition of this event and the amazing financial support cannot diminish.  We thank you for your dedication and support!

CLICK HERE TO REGISTER