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.
CCFESD Updates
Financial Stewardship & Performance: November 30, 2024
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 November 30, 2024, 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.
Celebrating the Career and Retirement of Mike Bannwarth
After three decades of dedicated service, Mike Bannwarth is embarking on a well-deserved retirement, leaving behind an incredible legacy at the Diocese of Sioux Falls and the Catholic Community Foundation for Eastern South Dakota (CCFESD). We asked Mike to share insights about his journey, the people who influenced him, and his hopes for the future. How did your career a the Diocese, and eventually the CCFESD, begin? "I had previously worked at Western Bank, which was doing business with the Diocese. Bishop Robert Carlson and I knew each other from that experience," Mike explained. That connection would eventually lead him to join the Diocese as Director of Finance, where he began a career filled with purpose and faith. What roles have you held in your 30 years? "I first served as the Director of Finance (Finance Officer) of the Diocese of Sioux Falls, then transitioned over to the Catholic Community [...]
Letter from the President
Dear Friends, I pray that you all had a blessed Christmas and a joyful start to the New Year. As I reflect on the past year, I am overwhelmed by the abundant graces God has bestowed upon this community and the privilege it is to be part of this mission. Each year, it is a true gift to support our parishes and schools through endowments for building maintenance, teacher salaries, cemeteries, and so much more. This past year has been no different—working with generous donors who share their time, talent, and treasure has been a profound joy! Internally, we are excited about the launch of our new donor database, which features a donor portal that allows donors to view their donor-advised funds and make grants to the charities that mean the most to them. Additionally, we have welcomed several new team members who bring not only great talent but also [...]
