Totals
- Total revenue
- $409,736
- Total expenses
- $312,732
- Contributions and grants received
- $43,075
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $326,988
- Other revenue
- $39,673
- Total assets, end of year
- $33,999,136
- Total liabilities, end of year
- $27,859,858
- Net assets or fund balances, end of year
- $6,139,278
- Program services expenses (Part IX)
- $243,906
- Management and general expenses
- $68,826
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $243,906
Program services were 78.0% 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
$43,075
-
3 · Investment income
total $160,641 · excluded $160,641
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7b · Less cost or other basis and sales expenses
securities -$166,347
-
7c · Gain or loss
securities $166,347
-
7d · Net gain or loss
total $166,347 · excluded $166,347
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: ADMINISTRATIVE FEE INCOME
total $39,673 · related or exempt $39,673
-
11e · Other revenue, total
$39,673
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $12,000 · management and general $12,000
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $300,732 · program services $243,906 · management and general $56,826
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $48,578 · end of year $53,734
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $35,209 · end of year $39,673
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $1,729 · end of year $1,833
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year $30,375,619 · end of year $33,649,008
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $222,946 · end of year $254,888
-
17 · Accounts payable and accrued expenses
beginning of year $25 · end of year $3,980
-
25 · Other liabilities
beginning of year $24,910,268 · end of year $27,855,878
-
27 · Net assets without donor restrictions
beginning of year $67,800 · end of year $73,546
-
28 · Net assets with donor restrictions
beginning of year $5,705,988 · end of year $6,065,732
Mission and programs · 2023
Mission
NEEDS OF THE DIOCESE OF BOISE BY RAISING FUNDS, HOLDING AND INVESTING ASSETS FROM THE DIOCESE AND RELATED CATHOLIC SCHOOLS AND PARISHES. THE IDAHO CATHOLIC FOUNDATION FULFILLS ITS MISSION BY:HELPING DONORS ESTABLISH ENDOWMENT FUNDS DESIGNED TO SUPPORT CURRENT AND FUTURE NEEDS OF THE CATHOLIC FAMILY OF IDAHO. PROVIDING RESPONSIBLE AND LONG-TERM FINANCIAL MANAGEMENT, INCLUDING INVESTMENTS THAT FOLLOW THE GUIDELINES OF THE UNITED STATES CONFERENCE OF CATHOLIC BISHOPS ON CATHOLIC SOCIALLY RESPONSIBLE INVESTING. DISTRIBUTING EARNINGS ACCORDING TO COMMUNITY PRIORITIES AND DONOR INTENT.
Activities or mission (Part I)
THE IDAHO CATHOLIC FOUNDATION INSPIRES GIVING AND ASSISTS DONORS TO PROVIDE FOR THE LONG-TERM NEEDS OF THE DIOCESE OF BOISE BY RAISING FUNDS, HOLDING AND INVESTING ASSETS FROM THE DIOCESE, AND RELATED CATHOLIC SCHOOLS AND PARISHES.
-
THE FOUNDATION HOLDS AND TRANSFERS SOME ASSETS TO OTHER NOT-FOR-PROFIT ORGANIZATIONS AND CHARITABLE TRUSTS THAT RAISE OR HOLD CONTRIBUTIONS FOR OTHERS. SOME OF THESE RECEIPTS ARE HELD AND DISPERSED TO THE ROMAN CATHOLIC DIOCESE OF BOISE. ALL ASSETS CONTRIBUTED TO THE CAPITAL CAMPAIGN ARE CONSIDERED PROPERTY OF THE FOUNDATION.
Expenses $243,906
As filed on the 2023 return.
Listed in Part VII
-
Most Reverend Peter ChristenseMOST REVEREND PETER CHRISTENSE
BISHOP OF IDAHO
- Total calculated
- $0
- Hours/week
- 0.3
-
Fernando AcevesFERNANDO ACEVES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.2
-
Mary Kay KleinMARY KAY KLEIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.2
-
Father Robert CookFATHER ROBERT COOK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.2
-
Joe FehringerJOE FEHRINGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.2
-
Dawson Hanley IIIDAWSON HANLEY III
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.2
-
Travis KaulTRAVIS KAUL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.4
-
Dave PettiDAVE PETTI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.2
-
Duncan PalmatierDUNCAN PALMATIER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.2
-
Deacon Charles CorbalisDEACON CHARLES CORBALIS
TREASURER
- Total calculated
- $0
- Hours/week
- 0.7
-
Stan WelshSTAN WELSH
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.2
-
Alan WinkleALAN WINKLE
PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Mike TreinenMIKE TREINEN
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 0.75
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
No itemized grants to organizations on this return.
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.
-
ROMAN CATHOLIC DOICESE OF BOISE
501(C)(3) · CHURCH ORGANIZATION
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 20 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500209349301140
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