These inspiring stories demonstrate the power of faith-based philanthropy to bring comfort to those in need — and joy to those who give.
Our Impact In Numbers
Fiscal Year ending June 30, 2024
IN ASSETS
GRANTED
SINCE INCEPTION
GRANTED
LAST YEAR
LAST YEAR
Annual Giving Report
The Catholic Community Foundation for Eastern South Dakota (CCFESD) publishes an annual report of financial performance at the end of each fiscal year. These reports are intended to provide financial transparency in the performance and growth of the funds we manage for our donors, as well as demonstrate community support for the work of CCFESD. Our annual report also allows us to express our gratitude to the many generous donors who have established endowments or various other funds for the benefit of our community. We hope with increased awareness of the funds currently in existence, others will be inspired to be charitable.
2024 Annual Impact Report
The Catholic Community Foundation for Eastern South Dakota knows the importance of working together to create a brighter future for tomorrow, and the joy people experience knowing they are helping further the mission of the Church in their own community.
In this year’s annual report, you’ll see creative ways in which the Catholic Community Foundation is working to support the needs of some of the smaller parishes and communities in our Diocese. With aging populations and parish membership declining, we believe working together to establish sustainable funding now for the future needs of our communities is vital. If these stories inspire you, contact one of our staff or board members today.
Investment Policy
The Catholic Community Foundation maintains a diversified investment portfolio focused on a long-term investment perspective while adhering to Catholic investing guidelines. Our investment advisory committee works with a professional investment consultant to continually evaluate the portfolio and adjust within the investment parameters.
CCFESD Updates
Financial Stewardship & Performance | March 31, 2025
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 quarter ending March 31, 2025, 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. Learn More
Peace of Mind Through Faithful Planning
How Tim & Patty Czmowski’s Estate Plan Reflects a Lifetime of Stewardship and Trust in God For Tim and Patty Czmowski, estate planning wasn’t just about preparing for the future—it was about ensuring their faith and values would live on through the generations. “It was very natural for us to choose the Catholic Community Foundation for Eastern South Dakota (CCFESD) as part of our estate plan,” they shared. “Having served on its Board of Directors for many years, we’ve had a front row seat to the hundreds of ways the CCFESD supports our faith through the people of Eastern South Dakota.” Their journey was guided by a deep sense of stewardship and gratitude. “Realizing that everything is a gift from God, we are simply returning a portion of the time, talent and treasure that He has given to us over our lifetime. Our gift is the result of asking, ‘God, [...]
Celebrating Cindy Korman
We are thrilled to celebrate one of our incredible volunteers, Cindy Korman, who was recently honored with an award from Vern Eide Motorcars in recognition of her outstanding service. Cindy has been a familiar and faithful presence at our events and programs for years, giving generously of her time, energy, and heart. Whether she’s greeting guests with a warm smile, organizing behind-the-scenes logistics, or stepping in wherever there’s a need, Cindy leads with humility and joy. She works diligently to ensure the Bishop's Charity Events are successful. In addition to being the chair of our Board of Directors events committee, Cindy leads committees and efforts for the annual Taste the Goodness event, benefiting Bishop Dudley Hospitality House. She is also a lead volunteer for Christmas at the Cathedral, most notably organizing hundreds of ticket mailings and signage for the event. Her passion for helping our event beneficiaries has made a [...]
