Form 990 for tax year 2022
Filed by THE CATHOLIC FOUNDATION OF GREATER PHILADELPHIA.
Totals
- Total revenue
- $18,133,710
- Total expenses
- $17,714,770
- Contributions and grants received
- $13,462,124
- Grants paid
- $13,014,200
- Program service revenue
- $3,858,354
- Investment income
- $723,110
- Other revenue
- $90,122
- Total assets, end of year
- $50,254,564
- Total liabilities, end of year
- $11,171,592
- Net assets or fund balances, end of year
- $39,082,972
- Program services expenses (Part IX)
- $16,073,464
- Management and general expenses
- $794,538
- Fundraising expenses
- $846,768
- Program service expenses (Part III)
- $16,073,464
Program services were 90.7% 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
$13,462,124
-
2a · Program service revenue: PROGRAM CONTRACTS
total $3,858,354 · related or exempt $3,858,354
-
3 · Investment income
total $723,110 · excluded $723,110
-
11a · Other revenue: CFGP FUND SERVICE FEES
total $90,122 · related or exempt $90,122
-
11e · Other revenue, total
$90,122
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $12,994,200 · program services $12,994,200
-
3 · Grants to foreign organizations and individuals
total $20,000 · program services $20,000
-
5 · Compensation of officers, directors and key employees
total $901,160 · program services $476,780 · management and general $174,284 · fundraising $250,096
-
7 · Other salaries and wages
total $976,527 · program services $562,914 · management and general $146,886 · fundraising $266,727
-
8 · Pension plan contributions
total $78,129 · program services $44,010 · management and general $12,736 · fundraising $21,383
-
9 · Other employee benefits
total $208,734 · program services $135,597 · management and general $18,934 · fundraising $54,203
-
10 · Payroll taxes
total $154,451 · program services $87,003 · management and general $25,177 · fundraising $42,271
-
11b · Fees: legal
total $21,307 · program services $14,014 · management and general $4,993 · fundraising $2,300
-
11c · Fees: accounting
total $39,300 · program services $25,848 · management and general $9,209 · fundraising $4,243
-
11f · Fees: investment management
total $92,295 · management and general $92,295
-
11g · Fees: other
total $169,854 · program services $111,713 · management and general $39,803 · fundraising $18,338
-
12 · Advertising and promotion
total $281,598 · program services $185,208 · management and general $65,988 · fundraising $30,402
-
13 · Office expenses
total $94,174 · program services $53,049 · management and general $15,351 · fundraising $25,774
-
14 · Information technology
total $176,257 · program services $115,925 · management and general $41,303 · fundraising $19,029
-
16 · Occupancy
total $296,490 · program services $167,014 · management and general $48,331 · fundraising $81,145
-
17 · Travel
total $14,430 · program services $14,430
-
19 · Conferences, conventions and meetings
total $1,060 · program services $1,060
-
20 · Interest
total $197 · management and general $197
-
22 · Depreciation, depletion and amortization
total $17,098 · program services $17,098
-
23 · Insurance
total $44,742 · management and general $44,742
-
24a · Other expenses: PRINTING & POSTAGE
total $924,925 · program services $924,925
-
24b · Other expenses: OFFICE EQUIPMENT
total $74,272 · program services $41,838 · management and general $12,107 · fundraising $20,327
-
24c · Other expenses: CATERING
total $63,542 · program services $41,792 · management and general $14,890 · fundraising $6,860
-
24d · Other expenses: BANK FEES
total $19,346 · management and general $19,346
-
24e · All other expenses
total $50,682 · program services $39,046 · management and general $7,966 · fundraising $3,670
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $818,050 · end of year $2,254,326
-
2 · Savings and temporary cash investments
beginning of year $3,692,792 · end of year $8,392,813
-
3 · Pledges and grants receivable
beginning of year $12,585,040 · end of year $9,958,607
-
4 · Accounts receivable
beginning of year $252,860 · end of year $257,951
-
10a · Land, buildings and equipment: cost or other basis
$148,198
-
10b · Land, buildings and equipment: accumulated depreciation
$90,312
-
10c · Land, buildings and equipment, net
beginning of year $67,992 · end of year $57,886
-
11 · Investments: publicly traded securities
beginning of year $27,322,811 · end of year $26,870,935
-
15 · Other assets
beginning of year $199,887 · end of year $2,462,046
-
17 · Accounts payable and accrued expenses
beginning of year $270,669 · end of year $471,072
-
25 · Other liabilities
beginning of year $7,546,628 · end of year $10,700,520
-
27 · Net assets without donor restrictions
beginning of year $31,923,492 · end of year $33,614,142
-
28 · Net assets with donor restrictions
beginning of year $5,198,643 · end of year $5,468,830
Mission and programs · 2022
Mission
THE CATHOLIC FOUNDATION OF GREATER PHILADELPHIA (CFGP) EXISTS TO BETTER THE MISSION OF THE CATHOLIC CHURCH FOR THE BETTERMENT OF THE LIVES OF PEOPLE. THE FOUNDATION PROVIDES DONORS AN AVENUE TO FULFILL THEIR CHARITABLE GOALS THROUGH THE SUPPORT OF PROJECTS, PROGRAMS, ORGANIZATIONS AND INITIATIVES.
-
PROVIDE DONORS AN AVENUE TO FULFILL THEIR CHARITABLE GOALS THROUGH THE SUPPORT OF PROJECTS, PROGRAMS, ORGANIZATIONS, AND INITIATIVES OF A CATHOLIC NATURE THAT RESPOND TO THEIR NEED TO LOVE AND SUPPORT OTHERS.
Expenses $16,073,464 · Grants $13,014,200 · Revenue $3,858,354
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sarah O HanleySARAH O HANLEY
PRESIDENT AN
- Total calculated
- $252,143
- From this org
- $217,484
- From related orgs
- $0
- Other
- $34,659
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $217,484
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $34,659
- Filer's total
- $252,143
-
Margaret SweeneyMARGARET SWEENEY
CAO
- Total calculated
- $170,321
- From this org
- $157,325
- From related orgs
- $0
- Other
- $12,996
Schedule J breakdown matched by us
- Base
- $157,325
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- $12,996
- Filer's total
- $170,321
-
Emily GambinoEMILY GAMBINO
CDO
- Total calculated
- $130,208
- From this org
- $123,000
- From related orgs
- $0
- Other
- $7,208
-
Gina DecolliGINA DECOLLI
CMO
- Total calculated
- $105,051
- From this org
- $104,519
- From related orgs
- $0
- Other
- $532
-
Dawn O'NeillDAWN O'NEILL
DEVELOPMENT
- Total calculated
- $84,277
- From this org
- $84,277
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Kurt A GabbardKURT A GABBARD
CFO
- Total calculated
- $61,637
- From this org
- $47,596
- From related orgs
- $0
- Other
- $14,041
- Hours/week
- 40
-
James MorettiJAMES MORETTI
CFO
- Total calculated
- $49,096
- From this org
- $37,912
- From related orgs
- $0
- Other
- $11,184
- Hours/week
- 40
-
Beverly GandolfoBEVERLY GANDOLFO
CFO
- Total calculated
- $9,692
- From this org
- $9,692
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Rev Eric BaneckerREV ERIC BANECKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rev Msgr Francis W BeachREV MSGR FRANCIS W BEACH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sean A BerginSEAN A BERGIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Cynthia A BrownCYNTHIA A BROWN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joseph W ChottJOSEPH W CHOTT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Richard T ClarkRICHARD T CLARK
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Matthew CoinMATTHEW COIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth L EwellKENNETH L EWELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr James W Fox IVDR JAMES W FOX IV
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joseph H JacoviniJOSEPH H JACOVINI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Bernard J Kelley JrBERNARD J KELLEY JR
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Joseph M Mangini JrJOSEPH M MANGINI JR
VICE-CHAIRMA
- Total calculated
- $0
- Hours/week
- 1
-
Joseph L Rose JrJOSEPH L ROSE JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
William P Curtis JrWILLIAM P CURTIS JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dan KervickDAN KERVICK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Susan KimSUSAN KIM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Paul F KlauderPAUL F KLAUDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Max MercadoMAX MERCADO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Carlos F MoreiraCARLOS F MOREIRA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John J MullenJOHN J MULLEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Most Reverend Nelson J PerezMOST REVEREND NELSON J PEREZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rev Nick Rashford SjREV NICK RASHFORD SJ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dr Tammy TenagliaDR TAMMY TENAGLIA
VICE-CHAIRMA
- Total calculated
- $0
- Hours/week
- 1
-
Dr Alexander VaccaroDR ALEXANDER VACCARO
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Michael ValucciMICHAEL VALUCCI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David N WatsonDAVID N WATSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
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
-
MARK MCLAUGHLIN ST CHARLES BORROMEO SEMINARY
$8,100,000
CHARITABLE
-
HOLY FAMILY HOME
$3,000,000
CHARITABLE
-
ST FRANCIS DE SALES PARISH ST FRANCIS DE SALES PARISH
$250,000
CHARITABLE
-
CHARITABLE
-
$200,000
CHARITABLE
-
GWYNEDD MERCY ACADEMY HIGH SCHOOL
$110,000
CHARITABLE
-
CHARITABLE
-
$90,000
CHARITABLE
-
$75,000
CHARITABLE
-
CHARITABLE
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 7 March 2020
- IRS schema version
- 2022v5.0
- Source object
- 202420689349300317
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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