Thank you for your continued support of the Rooted in Faith - Rejoice in Hope, a capital campaign to raise funds for the restricted purposes of Priests' Retirement, IHM Seminary, and our parishes. This campaign is one of the major fund-raisers managed by the Catholic Foundation of Southern Minnesota. The foundation is an independent non-profit that supports stewardship in our parishes, schools, and ministries so they may access the necessary resources to be vibrant centers of faith and evangelization.
To date, you, our donors, have generously pledged more than $26.3 million (or 88.8% of the $30 M campaign goal). To date, you have promised ($10.8 M) toward Priests' Retirement, ($5 M) IHM Seminary, and ($5.9 M) to our parishes. Additionally, $2 M of the total raised funded the 2013 annual diocesan ministries (2013 Catholic Ministries Appeal). Another $1 M in estate gifts will be available upon their maturity.
For our part, as the grateful stewards of your gifts, we have held campaign expenses to 6.5% or ($1.7 M), which is substantially below the conventional cost of a capital campaign of this size. In other words, 93.5 cents of every one of your dollars goes directly to the campaign goals.
Your generous response is a testimony to your commitment to serve Christ in the persons of His priests, seminarians, and parishioners. We thank you most graciously!
Catholic Foundation of Southern Minnesota
55 W Sanborn St - PO Box 30098
Winona, MN 55987