The Trinity Perpetual Memorial & Endowment Fund ANNUAL REPORT 2017
Trinity Perpetual Memorial & Endowment Fund Established in 1975, the Trinity Perpetual Memorial and Endowment Fund (TPMEF) consists of assets that have been given to the church by faithful parishioners and friends. The fund ensures a Church for the future. The value of the TPMEF at 2017 year end stands at $6,385,949 and is professionally managed by Monroe Vos, a Houston firm, with oversight by Trinity’s Endowment Committee. Each year the Church draws 5% from the TPMEF for essential operating expenses and ministries. The rest grows in perpetuity. Without these funds, we would not have the depth and breadth of programs that sustain us today. Hundreds of Trinity parishioners, both living and deceased, have contributed to the TPMEF to ensure that Trinity will continue its mission of excellence for future generations. This 2017 TPMEF Annual Report celebrates the ongoing life and vitality of this parish church. In this past year we have sorrowfully bid farewell to many saints who have loved Trinity and whom we have loved in return. Their legacy is evident in the pages of this book and in the way we hold them in our hearts.
Funding A Future A gift in honor of another is a tremendous tribute to a life of faith that you admire and want to celebrate, and a gift to the TPMEF endures forever. An initial gift of $100 or more will enroll the donor, or the honored person named in the records of the Trinity Perpetual Memorial & Endowment Fund. All gifts - large and small - to the TPMEF help to ensure a future for Trinity. Enrollment forms are available on the Trinity Church website www.trinitynola.com/tpmef
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Photo credit: Ginny Horner
The Trinity Legacy Society recognizes those who have made a bequest or other planned gift in their estate plans. These can be gifts of any size and can be structured as a dollar amount or percentage. They can also be distributed from life insurance policies, annuities, and IRA and 401(k) accounts. For information on becoming a member of the Trinity Legacy Society, please contact Raina O’Neil, Director of Development at 504-670-2537
Trinity Legacy Society Hirschel T. Abbott, Jr. Mimi D. Abbott Josephine Amiewalan Stephen I. Amiewalan Ellen S. Ball F. Macnaughton Ball, Jr. Stuart S. Bamforth Nancy C. Barrett Adelaide W. Benjamin Ann V. Bennett Emay B. Boyd John G. Boyd Shirley H. Burns Raymond N. Calvert Mary H. Christie Aphra J. Claverie Peter Claverie Sarah S. Cockerham Marcia B. Cooke Ann A. Crane Lori D. Dowden John M. Eastman Kathleen B. Eastman Louise N. Ewin
Lori G. Gordillo Philip E. Gordillo Julia P. Grehan Dana S. Hansel Stephen A. Hansel C. Peck Hayne, Jr. Vivienne M. Hayne Anne F. Heard Isabelle S. Henderson Claire C. Hesse Gregor J. Hoffman Karyn J. Hoffman Helen B. Howcott Patricia A. Jackson Claudia F. Kelleher Helen H. Kitzman Kate Kolb Beverly R. Lamb Martha E. Leake Robert E. Leake, Jr. Gladys G. LeBreton Carrie F. Lewis Jeffrey D. Lewis Eugenia N. Lind
Thomas O. Lind Donald A. Magee, Jr. Jennifer K. Magee Regina O. Matthews Helen H. McLellan Lucy H. Miller Elizabeth P. Moran Margaret C. Murphy Lawrence P. O’Meallie Sally B. O’Meallie Judith Oudt Alice Parkerson Andrew D. Pilant Sabrina F. Pilant Catherine M. Posey Donna T. Rayson Marguerite Redwine Hill C. Riddle Craig M. Ripley Louise S. Ripley Elizabeth W. Ryan Leila F. Schumacher Cynthia N. Schupp Elizabeth L. Sewell
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William H. Sewell, Jr. Jonathan D. Shaver Mary Wallace Shaver Howard Kent Soper H. Paul St. Martin Dottie B. Stephenson Linda S. Stone Scott Sullivan Julie Tauzin James O. Theis Timothy J. Trapolin Christopher R. Turgeon Virginia M. Walker Barbara B. Waller David L. Waller Chastine H. Watters Warren K. Watters Virginia E. Weinmann Noel B. Williams Harold L. Williamson George Young Sarah Young
Legacy Gifts All who love Trinity Church are warmly invited to consider a planned gift to the Trinity Perpetual Memorial and Endowment Fund as part of their giving journey. It is important that “all persons make wills, while they are in health, arranging for the disposal of their temporal goods, not neglecting, if they are able, to leave bequests for religious and charitable purposes.” (The Book of Common Prayer p.445)
Erle Bruce Walker (April 23, 1929 ~ March 6, 2017) A kind, gentle soul, many may remember Bruce Walker from his vocation as the Tuesday morning organist at the 7:30 am Eucharist service in the Chapel. Albinas Prizgintas recalls that “he played from the heart and it was honest and simple and it was clear that he loved the hymns.” A New Orleans resident since 1957, Bruce was a veteran of the U.S. Army and worked with Continental Insurance Co., Insurance Company of North America and Chubb Corp. He was also employed for many years with the Phelps-Dunbar Law Firm. Bruce was predeceased by his longtime life-partner Maurice T. Hattier. When Bruce fell ill and was unable to attend weekly services, Rev. Henry Hudson would visit, and when Henry retired from Trinity, Deacon Jay Albert would bring Bruce weekly communion at the Azalea Assisted Living home in Slidell. “Bruce always greeted me with a smile and looked forward to the church bulletin that I brought him with all of the scripture readings, the weekly prayers, and of course the goings on here at Trinity Church.” Bruce Walker loved Trinity Church and he believed strongly in giving back to those in need. Bruce thoughtfully made a provision in his will leaving his entire estate to the Trinity Loaves and Fishes ministry. His incredibly generous $1.7 million bequest will be a transformative gift for this ministry and will make a profound impact on the lives of so many. We are grateful for Bruce Walker, so embodying one of the fruits of the spirit: generosity. What an example for us all!
Estate gifts made to Trinity support our permanent endowment, which means your gift will continue forever. Putting a charitable gift in your will doesn’t require much time. And it doesn’t require a lot of money. Bequests of any amount can have an impact far greater and more lasting than you might expect. Here is some sample language you can add to your will: A general bequest: “I give, devise and bequeath the following assets: [specific assets, dollar amount, percentage, or residuary] to Trinity Church, New Orleans, Louisiana [EIN 72-0467513] for its endowment.” 3
2017 Donors Mr. and Mrs. Hirschel T. Abbott, Jr. Mrs. Sedley Alpaugh Mr. and Mrs. Stephen I. Amiewalan Mrs. Nancy B. Aschaffenburg Mr. and Mrs. F. MacNaughton Ball, Jr. Mr. and Mrs. Marshall Ballard III Mrs. Beauregard L. Bassich Mr. and Mrs. Edward W. Benjamin Ms. Ann V. Bennett Ms. Virginia F. Bernard Mr. and Mrs. Alfred W. Brown III Mr. and Mrs. Wentworth Caldwell, Jr. Mr. Raymond N. Calvert Mr. and Mrs. James H. Carmouche Mr. and Mrs. David B. H. Chaffe III Mrs. Carol Chenault Mrs. Deborah C. Conery Mr. and Mrs. Charles Cropp Mrs. Lois S. Downing Dr. Valentine A. Earhart, Jr. Mrs. Elizabeth W. Elliott Mr. and Mrs. Charles L. Eshleman, Jr. Mr. and Mrs. Norris L. Fant Mr. and Mrs. Walter C. Flower III Mrs. Jane S. Fox Mrs. Norma L. Freiberg Mr. and Mrs. George G. Green III
Mr. and Mrs. James O. Gundlach Mr. and Mrs. Frederick L. Haack Mrs. Helen B. Howcott Mr. Robert G. Hynson Dr. and Mrs. Calvin M. Johnson, Jr. Mrs. Claudia F. Kelleher Mr. and Mrs. Bryson D. Kiser Mr. and Mrs. John P. Laborde Ms. Jerrye M. Labreche Mrs. Eugenia K. Lamar Mrs. Beverly R. Lamb Mrs. Florence N. Lane Mrs. E. Sorrell Lanier Mr. and Mrs. Kenneth A. Lawder, Jr. Dr. Ronald D. LeBlanc, Jr. Mr. and Mrs. B. Lee Mallory III Mr. and Mrs. Edward F. Martin Ms. Regina O. Matthews Mr. and Mrs. Henry G. McCall II Mr. Jonathan C. McCall Mr. Patrick M. McCausland Ms. Marilyn C. McConnell and Dr. A. J. Gates Mr. and Mrs. S. Parkerson McEnery Mr. Edmund J. McIlhenny, Jr. Mr. and Mrs. Hobaret A. McWhorter, Jr. Mr. and Mrs. Richard M. Meyers Mr. and Mrs. Whit Moloney Mr. and Mrs. Arthur B. Monroe Mrs. C. Roy Mundee, Jr. Mrs. Margaret C. Murphy Dr. and Mrs. Howard A. Nelson, Jr. Mr. and Mrs. Edwin Nicholson Mr. and Mrs. George A. Nicholson III
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Dr. and Mrs. Lawrence P. O’Meallie Mr. and Mrs. Robert L. Pettit, Jr. Mr. George O. Plater Mrs. Kathleen T. Plater Mr. Shannon E. Price Mrs. Olga Z. Rolle Ms. Virginia Dare Rufin Mr. and Mrs. L. Moye Sanders Mr. and Mrs. Peter Schaumber Dr. and Mrs. Coleman S. Schneider Dr. and Mrs. George T. Schneider Mr. and Mrs. Stephen C. Sherrill Mr. and Mrs. Robert W. Shields Mr. and Mrs. Richard L. Simmons Ms. Elizabeth S. Slugg Mrs. Charlene Smith Mr. and Mrs. Howard K. Soper Mr. and Mrs. John A. Stewart, Jr. Mr. and Mrs. Langdon H. Stone, Jr. Mrs. Anne R. Sutherlin Mr. and Mrs. Michael G. Thompson Mr. Timothy J. Trapolin Mr. and Mrs. M. Franz Vogt Mr. and Mrs. R. Preston Wailes, Jr. Mrs. Virginia M. Walker Mr. and Mrs. Peter B. Waters Mr. and Mrs. Warren K. Watters Mrs. Virginia E. Weinmann Mr. and Mrs. John C. Williams Mr. Harold L. Williamson, Jr. Mr. David W. Yeomans Mr. and Mrs. George V. Young Eason-Weinmann Foundation
Gifts Given in 2017 in Honor of (through December 31, 2017)
Living Endowments
Memorial Endowments
Brooke Helm Duncan, Jr. In honor of his birthday
* Chester Theodore Alpaugh, Jr. (1924-2017)
Louise N. Ewin In thanksgiving for her life!
Idiahi Augustine Amiewalan (1969-2003) In Loving memory and grateful thanksgiving. Rest in Peace.
Regina O. Matthews In honor of her birthday and in thanksgiving for her life
Albert L. Aschaffenburg (1920-2007)
Patrick M. McCausland In celebrating his birthday and his very grateful life.
Cintra Shober Austin (1935-2014) A longtine member of Trinity Church
Margaret Coate Murphy
Rubie Crosby Bell (1925-2016)
Virginia Dare Rufin In honor of a loving God and one another
Kenny M. Charbonnet (1949-2015)
Howard Kent Soper Lay reader, usher, and devoted participant in the men’s Bible study breakfast
Mr. Gordon Edward Clay, Jr. (1929-2016)
Timothy J. Trapolin A dear friend who does so much for Trinity
Elaine Leverich Mears Collenberg (1921-2016) An active member of Trinity Episcopal Church William B. Conway (1931-2015) Longtime Treasurer of the Vestry and member of the Trinity School Board of Trustees Madeline Rose Cox (2005-2006) * Mary Rebecca Currence (1940-2017) Diana S. Earhart (1942-2016) * Elizabeth Diggs Edmundson (1924-2017)
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* Indicates new memorial endowment in 2017
* Darwin Charles Fenner (1933-2017)
Lee F. “Scutter” Murphy (1925-2014) Senior Warden to Trinity from 1975-1977
Richard B. Fox (1926-2011)
Harriet Murrell (1931-2016) In celebration of her life and service. A servant of the Lord.
Philip Gensler, Jr. (1936-2016)
* Joan Schwing Parkerson (1931-2017) In gratitude for her cheerful and generous love for her family and church.
* Helen Bemis “Bemie” Van Dyke Godfrey (1924-2017) Judith A. Harris, M.D. (1939-2008) Dedicated, compassionate healer and beloved wife of Regina Matthews
* Richard Ormonde Plater (1933-2016) Charles Stone Reily (1921-2010)
William “Wilkins” Kearney (1975-2016)
Robert Henry Sarpy, Jr. (1940-2015)
* Carmen Lamadrid (1930-2017)
Beatrice Elizabeth Shober (1921-1983) A longtime member of Trinity Church
Margot Bennett Logan (1926-2014) Wife of Dr. Samuel Logan and devoted member of Trinity Episcopal Church
Beatrice Moulton Shober (1896-1972) A lifetime and dedicated member of Trinity Church
Samuel Logan, M.D. (1922-2010) A lifelong, devoted and active member of Trinity Church
John Bedford Shober (1893-1972) A longtime and dedicated member of Trinity Church
* Jane W. McCall (1951-2016) * Virginia Smart McIlhenny (1925-2017)
John Bedford Shober, Jr. (1926-1993) A longtime member of Trinity Church
* Ellen Claire Merrill, Ph.D. (1935-2017)
* Joan M. Tupper (1931-2017)
* Noel Alexandra (Alex) Miles (1947-2017)
Arthur Carroll Waters (1982-2007) Beloved son of Bonnie and Peter, brother to Natalie and a friend to all
Edgar Moulton (1865-1935) A lifetime and dedicated member of Trinity Church
Henry Harcourt Waters (1925-1995) Patricia Brown Waters (1928-2010) Beloved parents of Carroll, Whitney, Julie and Katherine
Jane Herndon Moulton (1870-1964) A Lifetime and dedicated member of Trinity Church C. Roy Mundee, Jr. (1932-2007) In loving memory
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* Indicates new memorial endowment in 2017
John (Jack) Giffen Weinmann (1928-2016) A lifelong and devoted member of Trinity Church, V estry, and Founding Board Member of Trinity Episcopal School.
Elizabeth Maught “Betsy� White (1936-2014) A very active member of Trinity Church Ernest Burton White, Jr. (1925-2005)
Mary Victoria Mills Weinmann (1902-1990) Devoted member of Trinity Church for over 60 years; President of the W.O.T.C. and chairman of the Wedding Committee; beloved wife of Rudolph Weinmann.
William A. Wilkins, Jr. (1943-2016) * Catherine M. Yeomans (1946-2016)
Rudolph John Weinmann (1893-1974) A lifetime member of Trinity Church and Chancellor for 25 years
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* Indicates new memorial endowment in 2017
2017 Financial Report (for twelve months ended December 31, 2017) RECEIPTS AND DISBURSEMENTS Direct Contributions and legacies Interest and Dividend Income Realized Net Capital Gain (Loss) Unrealized Net Capital Gain (Loss) Total Investment Income Total Income Less: Administrative Expenses Net Receipts
$110,578 $233,831 $500,284
Transfer to Church Operating Account
$56,068
$844,693 $900,761 ($32,658) $868,103 $295,599
Trinity Church Perpetual Memorial & Endowment Fund net assets December 31, 2017
$6,385,949
The Endowment Committee engaged Monroe Vos as investment consultant on May 31, 2009 and with their help we are currently invested in approximately eight mutual funds. As of December 31, 2017, the Trinity Perpetual Memorial and Endowment Fund was invested with an asset allocation of approximately 45% fixed income and 55% equities. Since inception of May 31, 2009, the return has been 8.1% annually versus our target index return of 7.28% annually. In 2017 the return was 14.87% versus the target index return of 11.66%.
Special Endowments Trinity Music Endowment Fund $70,607 The Joan and Godfrey Parkerson Family Fund Trinity Loaves and Fishes Endowment $1,875,193 Vincent Memorial Legacy $6,797,269
Endowment Committee Marguerite Redwine Warren Watters, Senior Advisor Keith Crawford, Ex Officio Barbara Waller, Jr. Warden
George Young, Chair Ben DuPuy Martin De Laureal Wilmer “Bill” Freiberg Margaret “Marky” Murphy 8
Photo credit: Sandy Courvoisier
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