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← CATHOLIC FOUNDATION OF THE DIOCESE OF ST AUGUSTINE INC

Form 990 for tax year 2024

Filed by CATHOLIC FOUNDATION OF THE DIOCESE OF ST AUGUSTINE INC.

Totals

Total revenue
$2,666,688
Total expenses
$3,210,148
Contributions and grants received
$1,017,294
Grants paid
$1,899,835
Program service revenue
$638,794
Investment income
$1,010,531
Other revenue
$69
Total assets, end of year
$57,275,856
Total liabilities, end of year
$588,617
Net assets or fund balances, end of year
$56,687,239
Program services expenses (Part IX)
$2,734,980
Management and general expenses
$189,302
Fundraising expenses
$285,866
Program service expenses (Part III)
$2,734,980

Program services were 85.2% 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.

  • 1d · Related organizations

    $8,983

  • 1f · All other contributions, gifts and grants

    $1,008,311

  • 2a · Program service revenue: ADMINISTRATIVE FEES

    total $638,794 · related or exempt $638,794

  • 3 · Investment income

    total $1,444,679 · excluded $1,444,679

  • 7a · Gross sales of assets other than inventory

    securities $13,539,738

  • 7b · Less cost or other basis and sales expenses

    securities $13,973,886

  • 7c · Gain or loss

    securities -$434,148

  • 7d · Net gain or loss

    total -$434,148 · excluded -$434,148

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $69 · related or exempt $69

  • 11e · Other revenue, total

    $69

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,899,835 · program services $1,899,835

  • 5 · Compensation of officers, directors and key employees

    total $155,778 · program services $77,889 · management and general $38,945 · fundraising $38,944

  • 7 · Other salaries and wages

    total $193,397 · program services $248 · management and general $49,929 · fundraising $143,220

  • 8 · Pension plan contributions

    total $15,037 · management and general $4,450 · fundraising $10,587

  • 9 · Other employee benefits

    total $21,474 · management and general $5,712 · fundraising $15,762

  • 10 · Payroll taxes

    total $24,261 · program services $4,659 · management and general $6,152 · fundraising $13,450

  • 11b · Fees: legal

    total $31,975 · management and general $31,975

  • 11c · Fees: accounting

    total $32,100 · management and general $32,100

  • 11f · Fees: investment management

    total $62,881 · program services $62,881

  • 12 · Advertising and promotion

    total $25,801 · fundraising $25,801

  • 13 · Office expenses

    total $13,970 · program services $2,661 · management and general $3,636 · fundraising $7,673

  • 17 · Travel

    total $4,703 · program services $896 · management and general $1,224 · fundraising $2,583

  • 19 · Conferences, conventions and meetings

    total $15,614 · program services $2,975 · management and general $4,064 · fundraising $8,575

  • 23 · Insurance

    total $1,984 · management and general $1,984

  • 24a · Other expenses: DIOCESE EXPENSES

    total $638,794 · program services $638,794

  • 24b · Other expenses: ANNUITANT PAYMENTS

    total $43,275 · program services $43,275

  • 24c · Other expenses: PROGRAM COSTS

    total $29,269 · program services $867 · management and general $9,131 · fundraising $19,271

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $343,958 · end of year $522,497

  • 2 · Savings and temporary cash investments

    beginning of year $568,721 · end of year $410,634

  • 4 · Accounts receivable

    beginning of year $113,071 · end of year $141,923

  • 9 · Prepaid expenses and deferred charges

    end of year $4,848

  • 11 · Investments: publicly traded securities

    beginning of year $48,239,954 · end of year $53,118,498

  • 12 · Investments: other securities

    beginning of year $2,737,243 · end of year $3,077,456

  • 17 · Accounts payable and accrued expenses

    beginning of year $18,933 · end of year $27,077

  • 25 · Other liabilities

    beginning of year $501,603 · end of year $561,540

  • 27 · Net assets without donor restrictions

    beginning of year $4,610,523 · end of year $5,351,524

  • 28 · Net assets with donor restrictions

    beginning of year $46,871,888 · end of year $51,335,715

Mission and programs · 2024

Mission

THE CATHOLIC FOUNDATION BUILDS A CHRIST-CENTERED FUTURE FOR THE GOOD WORKS OF THE CHURCH IN NORTH FLORIDA THROUGH INSPIRED CHARITABLE GIVING.

Activities or mission (Part I)

SEE SCHEDULE O

  • THE CATHOLIC FOUNDATION SERVES THE DIOCESE OF ST. AUGUSTINE BY:- ESTABLISHING AND MANAGING PERMANENTLY ENDOWED RESTRICTED AND UNRESTRICTED FUNDS THAT PROVIDE ANNUAL DISBURSEMENTS TO PARISHES, SCHOOLS, AND MINISTRIES- OFFERING CHARITABLE GIFT ANNUITIES THAT PROVIDE THE FAITHFUL WITH FIXED INCOME PAYMENTS FOR LIFE- SUPPORTING THE GOOD WORKS OF OUR CHURCH THROUGH GRANTMAKING - A PROCESS WHERE THE BOARD OF DIRECTORS REVIEWS AND AWARDS GRANTS FOR PROJECTS PROPOSED BY CATHOLIC ENTITIES

    Expenses $2,734,980 · Grants $1,899,835 · Revenue $638,863

As filed on the 2024 return.

Listed in Part VII

  • Most Rev Erik T Pohlmeier

    PRESIDENT

    Total calculated
    $57,488
    From this org
    $0
    From related orgs
    $38,588
    Other
    $18,900
    Hours/week
    1 + 35 related
  • Dr Jacqueline Brown

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • C William Curtis III

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Rev Msgr Michael Houle

    TREASURER/EPISCOPAL VICAR

    Total calculated
    $82,217
    From this org
    $0
    From related orgs
    $63,317
    Other
    $18,900
    Hours/week
    1 + 35 related
  • Walter F Edwards

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Jane Lanier

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Lizzie Bishop

    DIRECTOR AS OF 1/2025

    Total calculated
    $0
    Hours/week
    1
  • Theodore Brauch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Juan Chaluja

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Debbie English

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kathryn Flores

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Beverly Flanagan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Debra Frederick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kyle Hensley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dennis Johnson Jr

    DIRECTOR; CHANELLOR AS OF 8/2024

    Total calculated
    $46,467
    From this org
    $0
    From related orgs
    $40,337
    Other
    $6,130
    Hours/week
    1 + 35 related
  • Carlton Jones

    DIRECTOR AS OF 1/2025

    Total calculated
    $0
    Hours/week
    1
  • Scott McArthur

    DIRECTOR AS OF 1/2025

    Total calculated
    $0
    Hours/week
    1
  • Teresita Rosario

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Very Rev Jason C Trull

    VICAR GENERAL

    Total calculated
    $67,723
    From this org
    $0
    From related orgs
    $48,823
    Other
    $18,900
    Hours/week
    1 + 35 related
  • Deacon Michael Elison

    CHANCELLOR UNTIL 8/2024

    Total calculated
    $90,366
    From this org
    $0
    From related orgs
    $84,225
    Other
    $6,141
    Hours/week
    1 + 35 related
  • Michael Maguire

    DIRECTOR UNTIL 1/2025

    Total calculated
    $0
    Hours/week
    1
  • Philip Moses

    DIRECTOR UNTIL 1/2025

    Total calculated
    $0
    Hours/week
    1
  • Sidney Simmons

    DIRECTOR UNTIL 1/2025

    Total calculated
    $0
    Hours/week
    1
  • Stephen Bell

    CHIEF FINANCIAL OFFICER

    Total calculated
    $230,591
    From this org
    $0
    From related orgs
    $206,064
    Other
    $24,527
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $205,364 related
    Bonus
    $0 + $700 related
    Other
    $0
    Deferred
    $0 + $15,048 related
    Nontaxable benefits
    $0 + $9,479 related
    Filer's total
    $0 + $230,591 related
  • Patricia Disandro

    EXECUTIVE DIRECTOR

    Total calculated
    $141,306
    From this org
    $116,836
    From related orgs
    $0
    Other
    $24,470
    Hours/week
    35

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

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.

Provenance

Return type
form_990
Tax year
2024
Filed
25 February 2026
IRS schema version
2024v5.5
Source object
202620589349300407

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