Financial Information

A Message from Catholic Extension

President, Reverend  John J. Wall

As I begin my tenure as President of the Catholic Church Extension Society, I am pleased to report that our U.S. Catholic missions were helped by more than $18 million in grants to 82 U.S. dioceses for church building, education of future priests, religious education and evangelization programs, campus ministry, disaster relief, and other ministry needs in the fiscal year ending June 30, 2007.

It has been an eye-opening year for me, personally, as I have had the opportunity to visit some of our missions and see how the stewardship of this fine organization manifests itself in various poor and remote communities of faith. I witnessed first-hand the extent to which our missions dioceses rely on us. It is a large responsibility.
Catholic Extension has always been at the forefront of nonprofit financial disclosure. We feel very strongly that it is our duty and responsibility to present our financial records, sources of income, and how and where funds are spent.

Every financial decision reflects our careful consideration of the longevity and the future success and growth of America's Catholic missions. Our unrestricted reserves are the backbone of future Catholic Church Extension Society support and provide a guarantee for future annuity payments.
With your continued support, we hope not only to meet the present needs of America's Catholic missions but also help them realistically plan for their future.

I wish to thank you for your faith and generosity and your commitment as a true member of our Catholic Extension family, as, together, we reach out to help one another in the Faith.

  Sincerely yours in Christ,

   Reverend John J. Wall
   President

^{For a complete copy of Catholic Extension's audited financial statement, write to the Catholic Church Extension Society, 150 S. Wacker Drive, 20th Floor, Chicago, IL 60606.}