Form 990 for tax year 2022
Filed by CATHOLIC FOUNDATION OF SOUTH LOUISIANA.
Totals
- Total revenue
- $5,042,734
- Total expenses
- $2,158,658
- Contributions and grants received
- $4,483,678
- Grants paid
- $1,653,247
- Program service revenue
- $374,058
- Investment income
- $151,205
- Other revenue
- $33,793
- Total assets, end of year
- $19,312,044
- Total liabilities, end of year
- $4,989,098
- Net assets or fund balances, end of year
- $14,322,946
- Program services expenses (Part IX)
- $1,926,104
- Management and general expenses
- $146,932
- Fundraising expenses
- $85,622
- Program service expenses (Part III)
- $1,926,104
Program services were 89.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$68,417
-
1f · All other contributions, gifts and grants
$4,415,261
-
1g · Noncash contributions included above
$616,494
-
2a · Program service revenue: PROGRAM SERVICE AGREEM
total $345,018 · related or exempt $345,018
-
2b · Program service revenue: ADMINISTRAVIE FEE INCO
total $29,040 · related or exempt $29,040
-
3 · Investment income
total $131,378 · excluded $131,378
-
7a · Gross sales of assets other than inventory
securities $7,442 · other assets $310,000
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $297,615
-
7c · Gain or loss
securities $7,442 · other assets $12,385
-
7d · Net gain or loss
total $19,827 · excluded $19,827
-
8a · Fundraising events: gross income
$51,825
-
8a · Fundraising events: contributions included on line 1c
$68,417
-
8b · Fundraising events: direct expenses
$18,032
-
8c · Net income from fundraising events
total $33,793 · excluded $33,793
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,653,247 · program services $1,653,247
-
5 · Compensation of officers, directors and key employees
total $129,307 · program services $77,586 · management and general $29,010 · fundraising $22,711
-
7 · Other salaries and wages
total $141,505 · program services $84,906 · management and general $31,745 · fundraising $24,854
-
8 · Pension plan contributions
total $6,837 · program services $4,102 · management and general $1,534 · fundraising $1,201
-
9 · Other employee benefits
total $34,660 · program services $20,797 · management and general $7,776 · fundraising $6,087
-
10 · Payroll taxes
total $17,275 · program services $10,365 · management and general $3,876 · fundraising $3,034
-
11f · Fees: investment management
total $32,215 · management and general $32,215
-
11g · Fees: other
total $21,779 · management and general $9,627 · fundraising $12,152
-
12 · Advertising and promotion
total $8,541 · program services $2,700 · fundraising $5,841
-
13 · Office expenses
total $13,179 · management and general $13,179
-
14 · Information technology
total $13,682 · management and general $13,682
-
17 · Travel
total $7,563 · fundraising $7,563
-
19 · Conferences, conventions and meetings
total $6,467 · management and general $4,288 · fundraising $2,179
-
24a · Other expenses: ANNUAL BISHOP'S APPEAL
total $60,756 · program services $60,756
-
24b · Other expenses: WOMEN'S GIVING CIRCLE E
total $8,623 · program services $8,623
-
24c · Other expenses: #IGIVECATHOLIC EXPENSES
total $3,022 · program services $3,022
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $512,367 · end of year $878,598
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $290,000 · end of year $0
-
12 · Investments: other securities
beginning of year $13,151,559 · end of year $18,433,446
-
17 · Accounts payable and accrued expenses
beginning of year $22,468 · end of year $57,002
-
19 · Deferred revenue
beginning of year $6,000 · end of year $15,000
-
21 · Escrow or custodial account liability
beginning of year $3,674,394 · end of year $4,827,846
-
25 · Other liabilities
beginning of year $48 · end of year $89,250
-
27 · Net assets without donor restrictions
beginning of year $3,191,921 · end of year $3,586,617
-
28 · Net assets with donor restrictions
beginning of year $7,059,095 · end of year $10,736,329
Mission and programs · 2022
Mission
TO ENHANCE THE CATHOLIC CHURCHES, PARISHES, SCHOOLS AND SERVICES IN THE COMMUNITIES OF SOUTH LOUISIANA.
Activities or mission (Part I)
TO ENHANCE THE CATHOLIC CHURCHES, PARISHES, SCHOOLS & SERVICES IN THE COMMUNITIES OF SOUTH LOUISIANA.
-
GRANTS TO CATHOLIC CHURCHES, PARISHES, SCHOOLS AND SERVICES IN THE COMMUNITIES OF SOUTH LOUISIANA.
Expenses $1,653,247 · Grants $1,653,247
-
PROVIDE GUIDANCE TO CATHOLIC SCHOOLS, PARISHES AND THE DIOCESE OF HOUMA-THIBODAUX IN APPLYING CATHOLIC SOCIAL TEACHINGS REGARDING STEWARDSHIP AND ASSISTANCE IN MANAGING THEIR STEWARDSHIP PROGRAMS.
Expenses $272,857 · Revenue $374,058
As filed on the 2022 return.
Listed in Part VII
-
Jerald BlockJERALD BLOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Renee DavidRENEE DAVID
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rev Gregory FrattREV GREGORY FRATT
DIRECTOR (THRU 10-2022)
- Total calculated
- $0
- Hours/week
- 1
-
Rev Alex GaudetREV ALEX GAUDET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Very Rev Patrick J MaddenVERY REV PATRICK J MADDEN
DIOCESAN ADMINISTRATOR
- Total calculated
- $0
- Hours/week
- 1
-
Hilton Michel JrHILTON MICHEL JR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bernadette PicketBERNADETTE PICKET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Pat PitrePAT PITRE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert RiviereROBERT RIVIERE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
George RobichauxGEORGE ROBICHAUX
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris Saal MDCHRIS SAAL MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Charlotte BollingerCHARLOTTE BOLLINGER
CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
James J Buquet IIIJAMES J BUQUET III
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Bonnie Brady BabinBONNIE BRADY BABIN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Glenn ViceGLENN VICE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Amy PonsonAMY PONSON
EXECUTIVE DIRECTOR
- Total calculated
- $110,491
- From this org
- $89,928
- From related orgs
- $0
- Other
- $20,563
- Hours/week
- 60
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$656,475
VARIOUS MINISTRY PROGRAMS
-
$250,000
EDUCATION
-
CENTRAL CATHOLIC HIGH SCHOOL
$170,987
EDUCATION
-
E D WHITE CATHOLIC HIGH SCHOOL
$158,666
EDUCATION
-
$45,173
PARISH MINISTRY PROGRAMS
-
$34,000
CHARITABLE DONATION
-
ST VINCENT DE PAUL
$26,250
CHARITABLE DONATION
-
$25,000
CHARITABLE DONATION
-
VANDEBILT CATHOLIC HIGH SCHOOL
$23,221
EDUCATION
-
$20,000
PARISH MINISTRY PROGRAMS
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431369349301548
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.