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The Message
Evansville, Indiana
September 13, 1991     The Message
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September 13, 1991

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The Message -- for Catholics of Southwestern Indiana I II /11 I I Retirement Fund September 13, 1991 ii ii Two religious orders in diocese receive more than $133,000 By PAUL R. LEINGANG ....... The Dfiught6rs bf Charity Of gious, and the National Con- Message Editor More than $133,000 was granted to two religious or- ders serving the Diocese of Evansville by the Tri-Confer- ence Retirement Office, ac- cording to the latest annual report of the Retirement Fund for Religious. i ii iiii -,Ed L. Lee Mortuary 101 North Meridian Street Washington, IN 254-3612 IH HAU BSTADT ELECTRIC 24-HOUR Industrial, Commercial and Residential TONY NAZARIO P.O. Box 405 812-768-5207 Haubstadt, IN 47639 NAAB CONSTRUCTION Co. Inc. .Construction Management MARK NAAB 203 Moran Dr. 882-8209 Vincennes, IN 882-8035 St. Vincent de Paul, Evans- ville, received a grant of $63,590.32. The Sisters of St. Benedict, Ferdinand, re- ceived a grant of $69,875.07. The Retirement Fund for Religious is sponsored by the Conference of Major Superi- ors of Men, the Leadership Conference of Women Reli- ONE STOP Does It All Professionally Finished Dry Cleaning Sanitone Certtified Mster Dry Cleaners Service Evansville, Newburgh Mt. Verno  FABRIC CARE CENTER cI3 on s i i ference of Catholic Bishops. The fund is managed by the office of Finance at the Unit- ed States Catholic Conference in Washington, D.C. Basic grants totalled $25,791,000, according to the report. Supplemental grants totalled $2 million and anoth- er $200,000 was used for spe- cial assistance grants. Revenue for the fiscal year completed March 31, 1991 was $28,766,000. Two percent of the revenue ($443,000) was used for pro- motion and one percent ($332,000) went for adminis- tration. Diocesan contributions are the chief source of money for the retirement fund. The Dio- cese of Evansville contributed $45,761.10 to the fund during the fiscal year. "Every year more people come to realize that our older religious who worked for 40, 50, and even 60 years in Catholic schools, hospitals, social services, or parish min-  Peoples Trust Company 59 SOUTH MAIN STREET P.O. BOX 191 LINTON, INDIANA 47441 Buehlers I.G.A. "The Thrifty Housewife's Source of Savings" QUALITY FOODS, MEATS HUNTINGBURG Compliments Nass & Son Inc. FUNERAL HOME Huntingburg, Ind. I IIII I I ,UT0 TOPS , SEAT COVERS , BOAT COVERS" 1 STEREO SALES & INST/LTIONS | 254-3943 [ I'!WY 50 EAST, BEHIND UPS CENTER | ...... EUGENE WELP, OWNER | "FuneralFl00-Planr, ngSin(. ! ! Miller Mllle00 424 9274 . ........ Dowr00to00ur00 Cofe 3RD & MAIN - VINCENNES HOMECOOKED MEALS - AFFORDABLE PRICES I I 9:30 a.m .......... 9:50 a.m .......... 11:00 a.m ........ I II :: :.,: 7[[: : Coffee & Donuts Sunday School for children & ADULTS R.C.I.A. for persons interested in Catholic Faith Co|panions for alienated, wandering Catholics Total Communication Catholic Mass for Deaf and Hearing persons, using voice, interpreters and A.S.L. Social hour and lunch after Mass. (First weekend of each month - Mass on Saturday at 5:00 p.m) i I I I I I I I I]1111 ' istries did so at great cost," wrote Sister Mary Oliver Hudon, S.S.N.D., director of the Tri-Conference Retire- ment Office. "Millions of people have given evidence of their admi- ration and affection for these religious through their dona- tions to the Fund," continued Sister Hudon. "Many are also recognizing that religious congregations financed their works of mercy at the price of their own ability to care for their elderly and continue their ministry." The annual report indicat- ed that religious congrega- tions are currently meeting over half (57 percent) of the annual cost of caring for their retired members. Social Secu- rity and retirement fund grants supply another 25 per- cent. That leaves a gap of 18 percent. Religious congregations each year are asked far infor- mation about their retirement assets and for census data on their members. Based on such reports, ' every religions Com- munity with an unfunded re- tirement liability is eligible for a basic grant. Some communities ch6ose to decline grants so that con- gregations with greater needs may receive more money. Those who declined grants in the current year include the Indiana congregations of Our lady Of Victory Missionary Sisters in Huntington, Sisters Adorers of the Precious Blood in Lafayette, and the Dis- calced Carmelite Monastery in Terre Haute. In addition to the Daugh- ters of Charity in Evansville and the Benedictines in Fer- dinand, other communities in Indiana which were awarded grants include the following:. Benedictine Sisters, Beech Groove, $28,548.42; Sisters of St. Francis of the III Order, Oldenburg, $153,566.11; Sis- ters of Providence, St. Mary- of-the-Woods, $301,512.09; and the Benedictine Fathers, St. Meinrad, $30,811.16. [! ....... ...................  ...................................................... L.. _i ........... I ............................................ T- :iiiiiiI!iiiiii=!ii'ii:i:"::iiiii;':Ii ................. ,, :+ .......  '%>!i:+\>!::"":'i '': :(?:"::'iii":::"%B':l:":::/iiii!i:!!::/':,'::iI:*Ii:='=`II l1"lIT AUTO ' HOME BUSINESS FARM INSURANCE SERVICES SINCE 1913 INSURANCE AGENCY 464-5993 I II DENNIS K. FELDHAUS Mater Dei Class of '70 II CHICKEN STEAKS SEAFOOD SANDWICHES PIZZA COCKTAILS SERVING FROM 10:30AM to 10:30 PM CALL YOFI RESERVAIIONS ADD|At'_I |[lll| 103 Gibson Ilaubstad! FAMILY RESTAURANT ....... PARTIES SERVED FAMILY STYLE  i YOUR FAMIL Y PHARMACY Medical Arts Pharmacy 3700 Bellerneade Avenue Phone 477-1532 Dona'ld Gutzweiler City-Wide Delivery Duncan's Riverside Pharmacy Prescription Service Drugs-Sundries-Cosmetics Magazines - "We Deliver" Corner Riverside and Governor Evansville 422-9981 i== Stratman' Pharmacy City-Wide Delivery 413 Locust Street John and Judy Stratman 425-5298 PAUL'S Pharmacy Paul Mayer, Owner 2107 W. Franklin St. 425-4364 Plaza Pharmacy Newburgh Plaza Shopping Center Fast Prescription Service Ken and Rebecca Hacker 853-7141 Oak Hill Pharmacy Prescription Specialists ! Hwy. 62 and N. Welnbac " ". LARRY SCHUI.T '" ., Ave. - . ,'EIS, Prop. ,25-4422" t I I