Form 990 for tax year 2022

Totals

Total revenue

$12,932,475

Total expenses

$12,062,554

Contributions and grants received

$10,422,955

Grants paid

$11,384,786

Program service revenue

$0

Investment income

$2,509,520

Other revenue

$0

Total assets, end of year

$98,205,738

Total liabilities, end of year

$10,291,465

Net assets or fund balances, end of year

$87,914,273

Program services expenses (Part IX)

$11,384,786

Management and general expenses

$360,828

Fundraising expenses

$316,940

Program service expenses (Part III)

$11,384,786

Program services were 94.4% 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.

Mission and programs · 2022

• THE PURPOSE OF THE PROGRAM IS TO DEVELOP INSTITUTIONAL SUPPORT, BOTH BY WAY OF RAISING FUNDS FOR ENDOWMENT AND OTHER SOURCES OF FINANCIAL SUPPORT, IN ORDER TO ADVANCE THE MINISTRIES AND PROGRAMS OF THE ARCHDIOCESE AND TO RECEIVE GIFTS AND BEQUESTS, WHETHER RESTRICTED OR UNRESTRICTED, ENDOWMENT OR NON-ENDOWMENT, AND TO MANAGE AND EXPEND ALL SUCH FUNDS CONSISTENT WITH THEIR PURPOSES AND THE CHARITABLE INTENT OF THE DONOR.

  Expenses $2,661,835 · Grants $2,661,835

• INSPIRING HOPE IS THE FIRST MAJOR CAPITAL CAMPAIGN CONDUCTED IN THE ARCHDIOCESE SINCE 2003. FUNDS FOR THE CAMPAIGN WILL SUPPORT PROGRAMS, CAPITAL EXPENDITURES AND ENDOWMENT.

  Expenses $8,722,951 · Grants $8,722,951

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

• REGINA CLERI RESIDENCE DISTRIBUTIONS & LOAN PAYMENT TO RCAB

  $1,286,474

  REGINA CLERI DISTRIBUTIONS & LOAN

• CATHOLIC SCHOOLS OFFICE

  $1,237,889

  CSF DISTRIBUTION

• CATHOLIC CHARITABLE BUREAU - BOSTON

  $570,487

  INSPIRING HOPE CAMPAIGN DISTRIBUTION

• SAINT MARY'S CENTER FOR WOMEN AND CHILDREN

  $400,000

  DONOR INTENTION GIFT

• CLERGY HEALTH & RETIREMENT TRUST

  $395,265

  INSPIRING HOPE CAMPAIGN DISTRIBUTION

• SOUTH BOSTON CATHOLIC ACADEMY

  $362,691

  SCHOOL CAPITAL IMPROVEMENTS - SBCA

• CATHEDRAL LOAN PAYMENT TO RCAB

  $358,000

  CATHEDRAL OF THE HOLY CROSS RENOVATION LOAN

• LAWRENCE CATHOLIC ACADEMY

  $326,873

  SCHOOL CAPITAL IMPROVEMENTS - LCA

• ST CECILIA PARISH BOSTON

  $301,818

  INSPIRING HOPE CAMPAIGN DISTRIBUTION

• INSPIRING HOPE ST CATHERINE NORWOOD (302)

  $291,595

  INSPIRING HOPE CAMPAIGN DISTRIBUTION

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• CATHOLIC HEALTH FOUNDATION

  501(C)(3) · HEALTH CARE SERVICES · MA · controlled entity

  Directly controlled by THE CATHOLIC COMMUNITY FUND

• THE ROMAN CATHOLIC ARCHDIOCESE OF BOSTON

  501(C)(3) · RELIGIOUS SERVICES · MA

  Directly controlled by ROMAN CATHOLIC CHURCH

Provenance

Return type

form_990

Tax year

2022

Filed

30 April 2024

IRS schema version

2022v5.0

Source object

202441239349301209

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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