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Foundation

Newman Catholic School Foundation has an opening for Foundation Director!

This position is responsible for developing, planning, and guiding philanthropic efforts to fulfill the foundation’s mission that supports Newman Catholic Schools, an early childhood through twelfth-grade Catholic school that welcomes students of all faiths while serving the parishes of North Iowa. Interested? Click HERE to learn more and apply!

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Click “Donate via PayPal” to give Newman Catholic Schools a gift via Debit Card, Credit Card, or PayPal!

The Newman Catholic Foundation is a nonprofit corporation, established to provide endowments for Newman Catholic Childcare, Elementary, Middle and High School and Mason City, Iowa Catholic parishes, and organizations. The Foundation encourages Catholics to be good stewards through gifts of assets, provides for the investment of those assets and distributes the income according to the Gospel and the specific wishes of the donors.

The Newman Catholic Foundation mission is to foster relationships, secure resources, and manage investments to provide financial support to Newman Catholic Schools.

We fulfill this mission by:

  • Seeking endowment funds that support our mission
  • Providing financial help to families in need that wish to send their children to Newman Catholic schools
  • Helping donors achieve their charitable and financial goals
  • Helping parishes, schools, and Catholic organizations meet their long-term financial needs
  • Providing responsible and effective financial management
  • Distributing earnings according to community priorities and donor intent.

It is our hope that you will prayerfully consider a gift to support these worthy objectives. Please contact us to discuss options and opportunities on how you can make a difference.

The Newman Catholic Foundation is governed by a Board of Directors, composed of clergy and lay people. The Foundation distributes earnings from the endowment investments to give support for the educational, pastoral, and ministry needs. Funds in the Foundation are invested with professional money managers with oversight by the Board Members of the Foundation. All investments must adhere to the Diocesan Guidelines for Socially Responsible Investing. The Disbursement Subcommittee of the Foundation reviews all requests and makes funding recommendations to the Board of Directors. A final decisions regarding funding requests are made by the Board of Directors. The amount of funds distributed each year depends on the earnings of the Foundation’s assets.

The following Foundation Board Members provide valuable leadership and guidance:

Andy Meyer, President
Mike Anderegg, Vice President
Jason Geving, Secretary
Mike Castle, Treasurer

Matt Bradley
Angela Determan
Andrea Hanig
Andy Hubbard
Tammy Hrubetz
Shannon Kropp
Jon Prebeck

Ways of Giving to the Newman Catholic School System

Cash Gifts
Outright cash gifts are the most common form of giving to Catholic Schools. Your gift becomes immediately available to support important programs and services. The donor will be credited with the full amount of his or her gift – which may be tax deductible.
Bequests
Your will is a meaningful way to make a charitable gift of lasting value to Newman. Through a bequest provision, you can designate a specific amount of money, a percentage of your estate, or the remainder of your estate after other bequests are satisfied. Adding a codicil to an existing will is a simple process that begins by making your intentions known to your attorney.
Memorial and Tribute
Gifts in memory of deceased friends and loved ones – or gifts that honor living individuals – are gratefully accepted. Such contributions are often used to reflect the special interests of the person honored. Any gift may be designated in memory of, or in honor of, a loved one.
Appreciated Securities
If you own long-term securities that have appreciated in value, you may prefer to contribute securities rather than cash. In this way, there may be both capital gains and tax deduction benefits. Please contact the Development Office for the proper form and specific stock transfer instructions.
Charitable Gifts
A charitable gift annuity is a simple life income agreement between a donor and the diocese. In exchange for your gift, designated to Newman Catholic School System, you receive fixed payments for your lifetime and/or the lifetime of another person. You may be entitled to a partial tax deduction in the year of the gift, and a portion of each payment may be tax-free for a period of years as well. The size of the payments is based on the amount of the gift and the annuitant’s age. Gift annuity plans start at $10,000, and are restricted to donors 65 years or older.
Charitable Remainder Trusts
Charitable trusts can result in significant support for the work of Catholic Schools, while also securing your financial future and reducing taxes for you and your heirs. Through a charitable remainder trust, you can provide income for yourself or a loved one and benefit Newman. You specify the amount of payments to be distributed (at least 5% per year), to which payments are to be paid; the duration of payments (a period of years or the beneficiary’s lifetime) and Newman will receive the remainder. The trust may be set up for the lives of the beneficiaries or for a term of up to 20 years.
Life Insurance
Life insurance may be an especially attractive gift vehicle if you own a policy that is no longer needed for its original purpose. In addition, those who qualify for low-cost premiums may find it more affordable and convenient to plan a significant gift using life insurance. By naming Newman Catholic Schools as the owner and beneficiary of a life insurance policy, the donor may be entitled to an immediate tax deduction for the accumulated cash value of the policy (if any) and a future deduction for any subsequent premiums he or she pays.
Real Estate
Real property gifts will be accepted for Newman Catholic Schools at the discretion of the Diocese after a review of all relevant factors. Because of the complexities and issues involved with real property gifts, the Diocese has adopted a set of procedures. Please contact the Office of Stewardship and Development for more information.
Will
Individuals, in exercising the privilege to determine the final distribution of their estates, may designate that a portion of their assets be used to benefit the work of Catholic Schools. Bequests can take a wide variety of forms, including general, residuary, percentage, and restricted.
Contact Us!
For further information about supporting Newman Catholic Schools, contact our Foundation Director, Lynn Ptacek, at (641) 423-6638, or by email lptacek@newmancatholic.org.
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We are so thankful for our wonderful alumni!

Have something you would like to share with us?
Not getting your biannual issue?
Call the Foundation Office at 641-423-6638!
We would love to hear from you!

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Newman Catholic School Foundation is Hiring!Click HERE to learn more!