2011 Annual Report | · St. Pius 2284 Rock Island 2,284.40 Total $ 20,654.02 Indiana Baumgartner 109 Hammond $ 2,500.00 St. Mary 293 Crown Point 2,470.00 Total $ 4,970.00 Iowa St

2011 Annual Report | www.CatholicForester.org

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JUPI

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Matching Funds

Bringing Catholic Values to

FundRaising

C atholic Order of Foresters’ Matching Funds Program financially assists churches, schools, communities,

and humanitarian causes. Since 1984, local court fundraising events, along with High Court matching money, have raised $17,598,834.75.

The High Court officers and trustees thank all our members whose tireless efforts and volunteerism (165,051 hours in 2011) promote the Orders’ service mission.

Sacred Heart 2461, Tombstone, AZ

Arizona Sacred Heart 2461 Tombstone $ 6,165.60Total $ 6,165.60

Illinois St. John 96 Johnsburg $ 2,000.00St. Mary 594 McHenry 2,085.50Hampshire 729 Hampshire 3,364.17St. Anthony 1115 Atkinson 2,485.93Sacred Heart 1691 Moline 5,328.51St. John the Baptist 2050 Rapids City 1,049.51Our Lady of Guadalupe 2175 Silvis 2,056.00St. Pius 2284 Rock Island 2,284.40Total $ 20,654.02

Indiana Baumgartner 109 Hammond $ 2,500.00St. Mary 293 Crown Point 2,470.00Total $ 4,970.00

Iowa St. Joseph 500 Dyersville $ 516.52Notre Dame 600 Cresco 2,164.00St. Francis 607 Worthington 2,542.54Holy Ghost 636 Dubuque 2,991.95

iowa (cont’d) St. Francis 774 Rickardsville $ 1,467.73St. Patrick 856 Ryan 2,277.00Lenihan 859 Marshalltown 1,500.00St. Philip 880 Sioux City 2,719.00Holy Cross 881 Holy Cross 3,705.29St. Mary 996 Remsen 1,233.24Spaulding 1083 Pocahontas 4,800.57St. Mary 1099 Gilbertville 4,890.51St. Mary 1234 Cedar Falls 3,324.00St. Benedict 1245 New Hampton 2,025.00St. John 1314 Independence 3,500.00St. Joseph 1505 Granville 5,002.82Ss. Peter & Paul 1709 Sherrill 4,634.42St. Mary 1723 Riverside 2,200.00St. Mary 2063 Festina 3,133.53St. Luke 2100 St. Lucas 1,693.48St Aloysius 2156 Calmar 3,803.36St. Bernadette 2176 West Branch 5,246.06St. Mary 2286 Alton 2,064.07Total $ 67,435.09

Kentucky Sacred Heart 1326 Bellevue $ 4,500.00St. Stephen 1380 Newport 3,124.54St. Peter 1492 California 4,152.33St. Henry 2098 Erlanger 3,296.53St. Joseph Academy 2507 Walton 5,173.59St. Barbara 2513 Erlanger 1,047.35

AnnuAl REpoRT

2011 Annual Report | www.CatholicForester.org14

Stuart B. Buchanan, FLMIHigh Secretary-Treasurer


FundRaising

Kentucky (cont’d)St. Catherine of Siena 2514 Fort Thomas $ 2,603.44St. Augustine 2515 Covington 2,750.00St. Timothy 2516 Union 2,387.46St. Thomas 2519 Fort Thomas 2,500.00 Total $ 31,535.24

Maine St. Louis 230 Fort Kent $ 2,275.09St. Luce 1355 Frenchville 3,718.24St. Joseph 1357 Eagle Lake 3,040.92St. Antoine 1735 Wallagrass 4,839.46Total $ 13,873.71

Massachusetts Loyale 1817 Marlborough $ 1,310.00Total $ 1,310.00

Michigan St. Mary 1903 Westphalia $ 16,154.91Most Holy Trinity 2257 Fowler 3,647.00St. Anne 2496 Menominee 1,723.56Total $ 21,525.47

Minnesota St. Matthew 367 St. Paul $ 4,806.77St. Joseph 552 Mankato 2,046.84St. Boniface 633 Cold Spring 893.36St. Paul 639 Sleepy Eye 2,001.00St. Ann 645 Janesville 2,433.78

Minnesota (cont’d) St. John 698 New Ulm $ 1,431.00St. Anthony 743 Watkins 2,287.22All Saints 749 Madison Lake 6,125.00St. Thomas 766 Springfield 5,399.25St. Leo 786 New Munich 2,250.38St. Jerome 812 Nicolett 1,234.58St. Anne 844 Wadena 2,297.83St. Mary 847 Tracy 11,740.01St. Martin 879 Richmond 2,087.97St. Cyril 970 Heron Lake 2,500.00St. Columba 981 Iona 4,412.08St. Benedict 1018 New Ulm 10,368.35St. Henry 1022 LeSueur 1,401.20Holy Trinity 1054 Winsted 3,619.69St. Anthony 1061 Bird Island 2,643.53St. Eloi 1081 Ghent 3,639.11St. Joseph 1176 Wabasso 15,161.13St. Rita 1248 Currie 2,304.44St. James 1312 Madison 1,703.91St. John 1321 Chaska 2,000.00St. Joseph 1407 Lamberton 1,927.40St. Edward 1498 Minneota 1,157.44St. Peter 1553 Freeport 16,470.00St. Stanislaus Kostka 1560 Delano 1,764.66St. Patrick 1584 Wilmont 2,089.00St. Mary 1757 Seaforth 2,248.50St. Peter 1774 Canby 4,000.40Ss. Peter & Paul 1908 Elrosa 3,804.00St. Thomas 1994 Lafayette 1,013.05St. Theresa 2092 Mapleton 2,078.43Total $ 13,3341.31

AnnuAl REpoRT

2011 Annual Report | www.CatholicForester.org 15

St. Louis 230, Fort Kent, ME

Hampshire 729, Hampshire, IL

AnnuAl REpoRT


Nebraska St. Francis 486 Humphrey $ 10,028.74St. Paul 687 Lawrence 1,253.31Sacred Heart 863 Dodge 4,104.35St. Joseph 1554 Osmond 9,651.17St. Joseph 1554 Osmond 7,633.09St. Joseph 1698 Pierce 2,411.82Sacred Heart 1737 Dodge 1,535.29St. James 1920 Wynot 5,907.93St. John the Baptist 1956 Fordyce 2,206.33St. Bernard 2006 Lindsay 3,098.75St. Paul 2500 Plainview 4,815.00St. Ignatius 2503 Brusnwick 1,005.00St. Theresa 2504 Clearwater 1,403.34St. Helena 2505 St. Helena 2,451.05Total $ 57,505.17

North Dakota St. Joseph 1470 Hankinson $ 26,280.17St. Anthony 1972 Linton 722.70St. Cecilia 2109 Towner 2,951.94St. Cecilia 2109 Towner 1,131.25Total $ 31,086.06

Ohio All Saints 52 New Riegel $ 1,254.18St. Mary 54 Assumption 2,915.69St. Joseph 433 Columbus 1,000.00St. Michael 549 Dayton 1,006.00Canton 1358 Canton 6,996.00Immaculate Conception 1403 Akron 1,259.09

Ohio (cont’d) St. Paul 1416 Doylestown $ 5,755.79St Joseph 1630 Lakewood 2,015.00St. Anthony 1905 Dayton 1,620.00St. Francis Xavier 2067 Malvern 2,000.00St. Aloysius 2172 Shandon 9,763.00Total $ 35,584.75

Oklahoma Sacred Heart 1813 Oklahoma City $ 3,127.00Total $ 3,127.00

Oregon Immaculate Conception 1776 Stayton $ 2,593.00Total $ 2,593.00

South Dakota St. Nicholas 403 Kranzburg $ 10,614.29St. Mary 1173 Dell Rapids 2,096.50St. Mary 1173 Dell Rapids 5,941.50Marquette 1323 Salem 4,673.13Marquette 1323 Salem 2,955.00Epiphany 1718 Canova 1,811.00Holy Cross 1805 Ipswich 2,860.00Mother Teresa 2493 Eden 2,413.94Total $ 33,365.36

Holy Trinity 1054, Winsted, MN

St. Paul 687, Lawrence, NE

AnnuAl REpoRT


Wisconsin Holy Family 301 Marinette $ 1,072.30Blessed Savior 349 Milwaukee 1,990.87St. Philip 475 Rudolph 3,083.75St. Rose 479 Fredonia 3,195.62St. Mary 498 Wausau 2,691.00St. Peter 519 Chippewa Falls 1,096.00Mazzuchelli 582 Benton 985.20St. James 669 Sun Prairie 1,368.05St. Claire 730 Whitelaw 4,048.11St. Thomas 753 Kenosha 4,662.00Heiss 783 Arcadia 41,057.16Heiss 783 Arcadia 15,699.00St. Leo 795 Marathon 1,525.43St. Theresa 897 Theresa 1,075.35St. Henry 902 Saukville 2,966.92Weiss 990 New Munster 13,457.00Somerset 1011 Somerset 5,946.50St. Mary 1065 Luxemburg 2,000.00St. Lawrence 1190 Denmark 27,785.30St. Kilian 1239 Colby 2,989.00Assumption 1291 Osceola 15,418.53St. Vincent 1338 Thorp 1,493.52St. Joseph 1486 Stratford 3,479.39St. Mary 1489 Peshtigo 1,000.00Sacred Heart 1536 Boyd-Edson 4,129.00St. Gregory 1539 St. Nazianz 6,558.00St. Peter 1550 Casco 1,253.82Nativity 1592 Belgium 1,906.00Sacred Heart of Jesus 1602 Stetsonville 2,344.81St. John 1618 Rice Lake 3,079.82Holy Trinity 1633 Casco 764.28St. Augustine 1683 Norwalk 2,830.49St. Joseph 1708 East Bristol 1,652.31St. Rose 1758 Cadott 2,547.16St. Mary 1763 Marshall 2,281.28St. Mary 1765 Crivitz 2,182.46 St. Bernard 1785 Madison 3,754.00Bishop Neuman 1971 Haugen 532.88St. Luke 2000 Plain 654.00St. Joseph 2080 Luxemburg 2,353.53Our Lady of the Lakes 2506 Ashland 1,500.00Total $ 200,409.84

2011 TotalsLocal Courts $1,328,963.24High Court Match 237,386.94Total $1,562,973.84

How the Matching Funds Program Works

Catholic Order of Foresters High Court contributes dollar-for-dollar when a local court raises $500 to $1,000. When the fundraiser exceeds $1,000, the High Court matches $1,000 plus 50 cents for each additional dollar to a maximum of $1,500.

When a court completes its annual Matching Funds project and an extraordinary need or emergency arises, an Emergency Matching Funds event may be approved.

St. Henry 902, Saukville, WI

Statements of Financial Condition


Insurance operatIons

AnnuAl REpoRt


For years ended December 31

Assets 2011 2010Cash and Short-Term Investments $ 10,677,900 $ 14,138,725

Bonds 772,652,660 706,687,773

Preferred and Common Stock 22,393,995 21,085,973

Real Estate & Mortgage Loans 29,125,364 24,480,256

Policy Loans 12,189,390 11,219,027

Electronic Data Processing Equipment 264,496 35,040

Accrued Investment Income 8,664,767 8,111,828

Premiums Due and Reinsurance Receivable 409,315 90,833

total Assets $ 856,377,887 $ 785,849,455

Reserves, Liabilities, and Surplus

Reserve for Policy Obligations $ 698,127,045 $ 631,153,086

Policy Claims in Process 4,490,074 3,574,662

Liability for Deposit Type Contracts 46,932,111 50,236,694

Provisions for Next Year’s Dividends 6,830,199 6,666,588

Premiums Paid in Advance 372,872 936

Asset Valuation Reserve 3,279,163 2,729,434

Interest Maintenance Reserve 10,392,933 9,425,180

Miscellaneous Liabilities 6,024,112 6,152,058

Securities Lending Collateral 31,110,737 30,180,828

Unassigned Funds 48,818,642 45,729,988

total Reserves, liabilities, and Surplus $ 856,377,887 $ 785,849,455

Adjusted Surplus: $ 62,490,737 $ 57,884,603

Amounts rounded to nearest dollar.

’07 ’08 ’09 ’10 ’11

$618

,796

,138

$632

,920

,706

$685

,405

,348

$785

,849

,455

$856

,377

,887

Assets

’07 ’08 ’09 ’10 ’11

$2,7

51,9

63,3

17

$2,7

77,3

34,8

27

$2,7

50,5

35,6

79

$2,7

69,2

11,9

50

$2,7

98,8

57,5

60

Insurance in Force

Statements of Financial Operations


Insurance operatIons

AnnuAl REpoRt


For years ended December 31

Income 2011 2010Premium, Annuity, and Supplementary

Contract Income $ 97,230,784 $ 104,044,923

Net Investment Income 46,791,658 43,556,949

Net Realized Gains from Investments (319,809) (898,822)

total Income $ 143,702,633 $ 146,703,051

Benefits and Expenses

Policy Death Benefits $ 8,635,197 $ 8,390,730

Matured Endowments 228,281 711,461

Annuity and Old Age Benefits 28,023,317 31,532,247

Surrender Benefits 10,050,125 10,750,353

Interest on Contract Funds 1,737,848 1,852,817

Increase in Life and Annuity Reserves 66,690,694 64,861,708

Fraternal Benefits 2,740,561 2,543,580

Expenses, Taxes, and Commission Payments 13,050,581 11,806,468

total Benefits & Expenses $ 131,156,603 $ 132,449,363

Net Gain from Operations $ 12,546,030 $ 14,253,688

Dividends to Members 6,784,233 6,484,546

net Contribution from operations to unassigned Funds $ 5,761,796 $ 7,769,142

Unassigned Funds

Net Contributions from Operations $ 5,761,796 $ 7,769,142

Net Unrealized Capital Gains (1,755,056) 1,909,390

Change in Non-admitted Assets (186,891) 68,988

Change in Securities Valuation Reserve (549,729) 38,284

Change in Reserve Valuation Basis (283,265) (280,711)

Adjustments from Prior Year 101,799 (1,900,077)

total Changes to unassigned Funds $ 3,088,654 $ 7,605,016

Unassigned Funds—Prior Year $ 45,729,988 $ 38,124,972

unassigned Funds at Year-end (Surplus) $ 48,818,642 $ 45,729,988

Adjusted Surplus $ 62,490,737 $ 57,884,603

Amounts rounded to nearest dollar.

’07 ’08 ’09 ’10 ’11

$33,204,726

$34,130,973

$36,996,756

$43,556,349

$46,791,658

Investment Income

’07 ’08 ’09 ’10 ’11

Net Insurance Sales

’07 ’08 ’09 ’10 ’11

Surplus

$201,257,800

$151,113,773

$146,835,926

$170,421,892

$186,628,170

$39,053,441

$35,672,764

$38,124,972

$45,729,988

$48,818,641

Legion of Honor


MeMbership

Illinois Wayne HillerSt. John 96 Johnsburg

Steven SchmittSt. John 96Johnsburg

Edwin StoffelSt. Mary 594McHenry

Iowa Paul EnglerSt. Francis 607 Worthington

Sally GudenkaufSt. Patrick 856 Ryan

Lynn KonzSt. Mary 996Remsen

Thomas KiesSt. Mary 1234 Waterloo

Theresa KimmSt. Joseph 1360 Norway

Rita GullordSt. Edward 2145Waterloo

Owen CroghanSt. Mary 2286Alton

Michigan Thomas CollinsSmulders 1101 Dearborn Hts.

Minnesota Richard Friedl Jr.St. Martinus 550St. Paul

Rosalie GramsSt. Ann Court 645Janesville

Allan GuennigsmanHoly Trinity 1054Winsted

Fr. Anthony HesseHoly Trinity 1054Winsted

Ohio Alma KremerAll Saints 52New Riegel

Eileen HoffmanSt. Joseph 433Columbus

Carl BrunSt. Anthony 1905Dayton

South Dakota Mary FoxSt. Mary 1173Dell Rapids

Wisconsin Mary Ann FreiSt. Joseph 229Janesville

Ronald PetersSt. Philip 475Rudolph

Fr. William FelixSt. Peter 519Chippewa Falls

Eileen LifkeSt. Theresa 897Theresa

Edward KraynekSt. Lawrence 1190 Stangelville

Rosceil GermainAssumption 1291Osceola

Robert HeldSt. Michael 1532 Cumberland

T he Legion of Honor recognizes members who, in an extraordinary manner, demonstrate their earnestness

and desire to increase membership and

promote the Order’s principles. Candidates must hold membership for a minimum ten consecutive years and previously received a Merit Award.

annual report


Illinois Samuel PoseySt. John 96 Johnsburg

Brian RichSt. John 96Johnsburg

Thomas LynchHampshire 729Hampshire

Paul EganSt. John 2050 Rapids City

Indiana Debra HuberSt. Mary 293 Crown Point

Iowa Carol KernSt. Joseph 500 Dyersville

Roger RiesbergSt. Joseph 500Dyersville

Patrick FeldmannSt. Francis 607 Worthington

Diane HannanSt. Francis 774 Rickardsville

Lial PrierSt. Patrick 856 Ryan

Edward CraigSt. Mary 1234 Waterloo

Jacob HackmanSt. Benedict 1245 North Washington

Dawn PeskaSt. Joseph 1360 Norway

Richard MeyerSs. Peter & Paul 1709 Sherrill

Brandy WillettSt. Mary 2286 Alton

Kentucky Robert FrepponSt. Joseph 2094 Cold Spring

Carl GeimanSt. Joseph 2094 Cold Spring

Melvin BarthSt. Henry 2098 Erlanger

Mary StegnerSt. Catherine of Siena 2514 Fort Thomas

Maine James RiouxSt. Antoine 1735 Wallagrass

Michigan Timothy AdamusSmulders 1101 Dearborn Hts.

Tracy FerrisSmulders 1101 Dearborn Hts.

Cynthia HarrisonSt. Mary 1903 Westphalia

MinnesotaJennifer Otte-HaugHoly Family 55 Sauk Centre

Thomas ZschokkeSt. Martinus 550 St. Paul

Michael BachSt. Joseph 552 Mankato

Sandra BachSt. Joseph 552 Mankato

Richard SandbergSt. Ann 645 Janesville

Mark GuennigsmanHoly Trinity 1054 Winsted

Patricia GuennigsmanHoly Trinity 1054 Winsted

Timothy HennenSt. Peter 1553 Freeport

NebraskaLaurie GubbelsSt. Joseph 1554 Osmond

North DakotaRobert SchellerSt. Joseph 1470 Hankinson

Gerard KraftSt. Gertrude 2174 Raleigh

Ohio Fr. Ronald BricknerAll Saints 52 New Riegel

Kenneth GosheAll Saints 52 New Riegel

South Dakota Kaye ReecySt. Mary 1173 Dell Rapids

Regina SteinerMother Teresa 2493 Eden

Wisconsin Robert ReuterSt. Mary 498 Wausau

Richard HebertSt. Peter 519 Chippewa Falls

Sandra KoenigsSt. Theresa 897 Theresa

Jacob HuberSt. Lawrence 1190 Stangelville

Douglas WagnerSt. Vincent 1338 Thorp

Alice AttelnSt. Augustine 1683 Norwalk

annual report



MeMbership

T he Merit Award pays tribute to members who, in an outstanding manner, have contributed to the

Order’s welfare and advancement at

the local court level. Eligible honorees must hold a minimum three years membership and actively participate in court activities.

Merit Award

Sales Leaders


Clients

Top Ten Agents Jonathan Hickman, CPAKentucky

Steven NimmerWisconsin

Kelly Mauer, FICNebraska, South Dakota, Iowa, Missouri, Kansas

Richard Oligmueller, FICFNebraska, North Dakota, Minnesota, Iowa, Kansas, South Dakota

Thomas Kaelin, FICKentucky, Ohio, Arizona, Indiana, Illinois

Frank Bradley, FICF, LUTCF Wisconsin

D. Michael RiceIllinois

Roger KleinWisconsin, Minnesota

Allen Willett, LUTCFIowa, Minnesota, South Dakota, Nebraska, Colorado

James Pappas, FIC, LUTCF Indiana, Illinois, Michigan

Top Five Agencies David Zerhusen, LUTCF, CLU, ChFC, FICKentucky, Ohio

Richard Oligmueller, FICFNebraska, North Dakota, Minnesota, Iowa, Kansas, South Dakota

Janet WoodsIowa, Illinois, Wisconsin

Steven NimmerWisconsin

Roger KleinWisconsin, Minnesota

annual report


Bradley Hickman Kaelin

Klein Mauer Nimmer

Oligmueller Pappas Rice

Willett Woods Zerhusen

Designation Key

FIC Fraternal Insurance CounsellorFICF Fraternal Insurance Counsellor FellowChFC Chartered Financial ConsultantCLU Chartered Life UnderwriterCPA Certified Public AccountantLUTCF Life Underwriter Training Council Fellow

AnnuAl RepoRt


High Court Executive Officers and Trustees

T he 49th Catholic Order of Foresters National Convention commences August 12, 2012, to elect the leadership

and affirm the Constitution and Bylaws that guide the organization for the coming four years. The 240 delegates attending this convention carry a heavy responsibility as they speak for more than 130,000 COF members across the United States. The decisions made at the 2012 convention will impact COF and its members’ future for many years to come.

Officers and trustees currently serving on the High Court, standing, left to right: Thomas L. Lepinski, Wisconsin; Gene E. Hesse, Minnesota; Peter J. Lemire, New Hampshire/Vermont; Thomas J. Munninghoff, Kentucky; Lawrence L. Galles, Iowa; HSTR Stuart B. Buchanan; HCR David E. Huber; VHCR David L. Krebs, Ohio; Gary E. Snell, Illinois; Rodney W. Oligmueller, Nebraska; Alan M. Spilar, Ohio; seated: James M. Demulling, Wisconsin; Delores E. Klein, South Dakota; Rosalie M. Grams, Minnesota; and Eugene G. Even, Iowa.Ph

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Documents

2011 Annual Report | · St. Pius 2284 Rock Island 2,284.40 Total $ 20,654.02 Indiana Baumgartner 109 Hammond $ 2,500.00 St. Mary 293 Crown Point 2,470.00 Total $ 4,970.00 Iowa St