By Tara Figurski
The Marian Foundation has donated over $3 million since being founded by Rev. Raymond Baushard, late pastor of St. Mary Magdalene Catholic Church in 1965.
The foundation gives an average of $100,000 per year, according to Patrick Foley, Marian Foundation secretary.
Bauschard’s idea was to target smaller groups and special causes that have difficult time gaining financial support, he said.
Foley has been a board member for 40 years and was the last member appointed by Baushard.
The foundation rose over $200,000 by 1971. Grants were mainly distributed to Catholic patient care facilities, charity newsies and churches, said foundation officials.
“He was quite a person and served the organizations that the nuns were running,” Foley said.
After Faushard’s death, the foundation received a large amount of money from his estate. Under the guidance of Don Rothermich, senior vice-president of Ubs Financial Services, Inc., the group’s assets have grown to $1.5 million.
This year, the Marian Foundation gave $10,000 in scholarships to students at Bishop Ready High School and $5,000 to students at St. Charles Preparatory School.
The foundation also awarded money to South Side Learning & Development Center, the Dominican Learning Center and the Salesian Center Boys and Girls Clubs, Foley said.
The Marian Foundation continues to assist the Catholic community. St. Agnes received funds for vacation Bible school and tuition, St. Mary Magdalene received grants for tuition assistance and its food pantry and St. Thomas received grants toward youth programs.
Three years ago, the foundation started providing financial assistance to the Kiwanis Club. The Kiwanis reimburse teachers on the Westside who provide extras in their classrooms, according to Foley.
For years the funding has come from the foundation’s financial portfolio, but officials want to keep their eyes on the future. They hope to stay financially secure after Foley retires, he said.
If 1,000 people donate $100 a year for 10 years it would generate an additional $1 million.
In the 1930s, Foley attended a Catholic school in New York City. The nuns who taught at the school operated a program that encouraged even the poorest of students to donate their pennies, he said. The nuns sent the donations to poor children in the Bahamas.
“They were able to raise millions of dollars from people who didn’t have anything,” Foley said, adding he himself came from a poor family but brought pennies to school.
Contributions to the foundation can be in cash, stocks or bonds and can be recognized publically or remain anonymous. Donations become part of the capital of the Marian Foundation, providing funding for years to come, according to the foundation’s Web site.
To apply for grants, a one to two page letter should be submitted to: Marian Foundation Grant Requests, P.O. Box 21748, Columbus, Ohio 43221. Grant requests should include documentation of financial needs and contact information. Organizations must be listed as a non-profit, Foley said.
Grant requests must be received by January 31. The Marian Foundation will decide by April who will receive funding, according to Foley.
“We (generally) do not fund equipment, training or computers,” he said. “If it is service oriented, the rest doesn’t matter.”