Form 990 for tax year 2023
Filed by NATIONAL CATHOLIC COMMUNITY FOUNDATION.
Totals
- Total revenue
- $4,334,268
- Total expenses
- $4,326,811
- Contributions and grants received
- $3,366,740
- Grants paid
- $3,463,678
- Program service revenue
- $239,961
- Investment income
- $727,567
- Other revenue
- $0
- Total assets, end of year
- $26,317,458
- Total liabilities, end of year
- $3,642,683
- Net assets or fund balances, end of year
- $22,674,775
- Program services expenses (Part IX)
- $4,209,834
- Management and general expenses
- $116,977
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,209,834
Program services were 97.3% 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.
-
1f · All other contributions, gifts and grants
$3,366,740
-
1g · Noncash contributions included above
$122,169
-
2a · Program service revenue: ADMINISTRATIVE FEES
total $239,961 · related or exempt $239,961
-
3 · Investment income
total $575,634 · related or exempt $575,634
-
7a · Gross sales of assets other than inventory
securities $9,579,558
-
7b · Less cost or other basis and sales expenses
securities $9,427,625
-
7c · Gain or loss
securities $151,933
-
7d · Net gain or loss
total $151,933 · related or exempt $151,933
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,463,678 · program services $3,463,678
-
5 · Compensation of officers, directors and key employees
total $140,713 · program services $93,809 · management and general $46,904
-
7 · Other salaries and wages
total $57,200 · program services $38,140 · management and general $19,060
-
10 · Payroll taxes
total $15,140 · program services $10,094 · management and general $5,046
-
11c · Fees: accounting
total $22,775 · program services $15,184 · management and general $7,591
-
11f · Fees: investment management
total $141,763 · program services $141,763
-
13 · Office expenses
total $16,485 · program services $10,991 · management and general $5,494
-
16 · Occupancy
total $22,201 · program services $14,801 · management and general $7,400
-
19 · Conferences, conventions and meetings
total $155 · program services $103 · management and general $52
-
20 · Interest
total $142,922 · program services $142,922
-
22 · Depreciation, depletion and amortization
total $453 · program services $302 · management and general $151
-
23 · Insurance
total $10,454 · program services $1,882 · management and general $8,572
-
24a · Other expenses: ADMINISTRATIVE FEES
total $233,715 · program services $233,715
-
24b · Other expenses: FILING FEES
total $36,138 · program services $27,103 · management and general $9,035
-
24c · Other expenses: EQUIPMENT LEASE
total $18,200 · program services $12,134 · management and general $6,066
-
24d · Other expenses: TELEPHONE
total $4,819 · program services $3,213 · management and general $1,606
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $3,139,136 · end of year $4,241,194
-
10a · Land, buildings and equipment: cost or other basis
$39,192
-
10b · Land, buildings and equipment: accumulated depreciation
$37,531
-
10c · Land, buildings and equipment, net
beginning of year $2,114 · end of year $1,661
-
13 · Investments: program-related
beginning of year $19,702,778 · end of year $21,506,893
-
15 · Other assets
beginning of year $476,947 · end of year $567,710
-
17 · Accounts payable and accrued expenses
beginning of year $248 · end of year $907
-
25 · Other liabilities
beginning of year $2,841,251 · end of year $3,641,776
-
27 · Net assets without donor restrictions
beginning of year $17,499,559 · end of year $18,618,086
-
28 · Net assets with donor restrictions
beginning of year $2,979,917 · end of year $4,056,689
Mission and programs · 2023
Mission
TO FURTHER PHILANTHROPY THROUGH DESIGNATED FUNDS.
Activities or mission (Part I)
THE FOUNDATION ACCOMPLISHES ITS MISSIONS OF FURTHERING PHILANTHROPY BY PROVIDING DONORS WITH FIVE OPTIONS: DONOR ADVISED FUNDS, DESIGNATED BENEFICIARY FUNDS, FIELD OF INTEREST FUNDS, UNDESIGNATED FUNDS AND PLANNED GIFTS.
-
THE FOUNDATION ALLOWS 5 OPTIONS TO FURTHER PHILANTHROPY. 1) DONOR ADVISED FUNDS - DONORS ESTABLISH FUNDS AND RETAIN THE RIGHT TO ADVISE THE FOUNDATION'S BOARD ON THEIR DISTRIBUTIONS TO CHARITIES. 2) DESIGNATED BENEFICIARY FUNDS - DONORS ESTABLISH FUNDS TO SUPPORT SPECIFIC CHARITABLE ORGANIZATIONS. 3) FIELD OF INTEREST FUNDS - DONORS ESTABLISH FUNDS FOR PARTICULAR AREAS OF CONCERN AND THE BOARD DETERMINES THE USE OF THE FUNDS WITHIN THE DESIGNATED AREAS. 4)UNDESIGANTED FUNDS - DONORS GIVE THE FOUNDATION'S BOARD FULL DISCRETION TO DETERMINE HOW THE FUNDS WILL BE USED. 5) PLANNED GIFTS - DONORS RECEIVE AN ANNUITY FOR LIFE WITH THE BALANCE TO GO TO THE FOUNDATION OR A SPECIFIED CHARITY UPON DEATH OF ANNUITANT.
Expenses $4,209,834 · Grants $3,463,678 · Revenue $967,528
As filed on the 2023 return.
Listed in Part VII
-
Edward RobinsonEDWARD ROBINSON
PRESIDENT
- Total calculated
- $140,713
- From this org
- $140,713
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Andrew AnselmiANDREW ANSELMI
VICE-CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Karen SilvaKAREN SILVA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Valerie PletcherVALERIE PLETCHER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Michael DuffyMICHAEL DUFFY
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Dana RobinsonDANA ROBINSON
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Chad McEachernCHAD MCEACHERN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Thomas McKennaTHOMAS MCKENNA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
James CoffeyJAMES COFFEY
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Gregory BrownGREGORY BROWN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Robert RowanROBERT ROWAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 5
-
Mary Kate ReillyMARY KATE REILLY
TRSUTEE
- Total calculated
- $0
- Hours/week
- 5
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
-
THE PASSIONISTS OF HOLY CROSS PROVINCE
$150,400
IN LIEU OF RENT
-
MICHAEL BOYLE HOUSE
$100,000
ACQUISITION OF SITE, REPAIRS, SETTLEMENT FEES AND INITIAL PROGRAMMING
-
STIGMATINE FATHERS AND BROTHERS INC
$75,000
GENERAL SUPPORT
-
ETERNAL WORD TELEVISION NETWORK INC
$35,000
GENERAL OPERATING NEEDS AND SUPPORT
-
SAINT GIANNA BERETTA MOLLA AND PIETRO MOLLA FOUNDATION
$30,000
GENERAL OPERATIONS
-
MISSIONARIES OF CHARITY INC
$25,000
GENERAL OPERATIONS
-
ST JUDE CHILDRENS RESEARCH HOSPITAL INC
$25,000
GENERAL SUPPORT
-
ROUNDTABLE ASSOCIATION OF CATHOLIC DIOCESAN SOCIAL ACTION DIRECTORS
$23,424
TO CLOSE OUT FUND
-
FRANCISCAN UNIVERSITY OF STEUBENVILLE
$22,000
MARIAN CREEL MEMORIAL NURSING SCHOLARSHIP AND GENERAL SUPPORT
-
CHRISTENDOM COLLEGE
$20,000
MARIAN CREEL SCHOLARSHIP FUND
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 25 June 2024
- IRS schema version
- 2023v5.1
- Source object
- 202421779349300817
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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