By Joanna Puddister King
JACKSON – The Catholic Foundation of the Diocese of Jackson gathered members and guests on Tuesday, Oct. 21, 2025, at the Country Club of Jackson for its annual membership meeting, celebrating another year of faithful stewardship and the continued growth of endowments that sustain ministries across the diocese.
The membership approved the docket of new board members, welcoming Dennis Antici and Gretchen Ware of St. Paul Flowood, Bob Gaston of St. Francis of Assisi Madison, and Bill Morris and Chris Walters of the Cathedral of St. Peter the Apostle in Jackson. Returning board members re-elected to serve additional terms represented parishes from across the diocese, reflecting the Foundation’s wide reach and collaborative mission.
Joe Rice, president of the board of directors, provided an overview of the Foundation’s financial health and ongoing growth. “Since 2006, our investment earnings – measured by income, dividends, and market appreciation – have been a little over $40 million,” said Rice. “During that same period, we’ve distributed more than $20 million and built reserves of over $7 million in anticipation of market weakness.”
Rice noted that the Foundation’s portfolio, valued at $11.3 million in 2010, now stands at $75.5 million. “Our charge is to be good stewards of the money that the faithful across the Diocese have entrusted us with,” he said. “It’s only through and by the grace of God that we’ve been able to accomplish these things and keep our finances strong.”

One of the year’s most significant developments, Rice shared, was the establishment of an endowed operational trust to ensure the long-term sustainability of the Foundation’s work. “This decision allows our executive director and staff to focus on what they do best – telling the story of the Foundation and helping donors create new trusts to support the ministries they are passionate about,” he said.
Executive director Rebecca Harris expressed gratitude to members and donors who make that mission possible. She shared that the Foundation now manages 407 trusts with total assets of $75.5 million. These funds support parishes, schools, diocesan ministries, seminarian education and Catholic Charities. “I love sitting down with donors and talking about what is their passion,” Harris said. “I ask them to pray about where the Holy Spirit is calling them to give – and it’s always a blessing to see where that leads.”
Harris also celebrated the success of the annual Bishop’s Cup Golf Tournament, which raised a record amount this year to support diocesan youth ministry. Funds will assist in sending more young people to DCYC – the diocese’s annual youth convention, helping strengthen faith among the next generation.
Bishop Joseph R. Kopacz concluded the evening with a reflection on the Jubilee Year of Hope. “The work of the Foundation feeds hope in the lives of many people,” he said. “We are so grateful to God for the blessings He continues to pour out on our diocese.”