"The Kingdom (of God) is like a mustard seed that springs up and becomes the largest of plants. This is God’s work, of which we are given a part. Whatever we do in God’s name, God multiplies. Yet in planning for most of our ministries, we seldom actively incorporate the power of the Holy Spirit. We…
News
Financial Stewardship & Performance
In serving the donor-directed giving by donors to various 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 by Eide Bailly, LLP. As of December 31, 2020, we are pleased to…
Annual Impact Report
It is out of a deep sense of gratitude to God that we share the annual impact report of activities of the Catholic Community Foundation for Eastern SD through June 30, 2020. In spite of the challenges brought on by Covid-19, donors continue to support the many charities that they care most about – and…
Donor Advised Funds and their End of Year Tax Advantage
What is a Donor Advised Fund? This is a donor-designated fund that gives you flexibility in your charitable giving. Similar to a checking account, but for charitable purposes. After you put funds into the account you can designate any portion to the charity of your choice, and we take care of the rest. Are…
IRA Rollover
Jim and Jackie are members of Sacred Heart Parish/Aberdeen. They have enjoyed supporting their parish as well as the St. Thomas Aquinas Newman Center, as Jackie was a long-time employee of Northern State University. While working they typically made monthly gifts to their parish and their favorite ministry. Upon retirement, the Hansons became aware that…
Bunching Gifts
Some donors may benefit from concentrating, or “bunching” their charitable contributions for potential income tax savings. So what is bunching and how can it provide tax savings? It is concentrating, for example, doubling your charitable giving in tax year one and then not making charitable donations in tax year two. In this way, a donor…