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← FOUNDATIONS AND DONORS INTEREST IN CATHOLIC ACTIVITIES

Form 990 for tax year 2022

Filed by FOUNDATIONS AND DONORS INTEREST IN CATHOLIC ACTIVITIES.

Totals

Total revenue
$2,741,618
Total expenses
$3,213,084
Contributions and grants received
$2,154,217
Grants paid
$902,566
Program service revenue
$151,914
Investment income
$435,487
Other revenue
$0
Total assets, end of year
$9,382,550
Total liabilities, end of year
$199,144
Net assets or fund balances, end of year
$9,183,406
Program services expenses (Part IX)
$2,807,254
Management and general expenses
$337,797
Fundraising expenses
$68,033
Program service expenses (Part III)
$2,807,254

Program services were 87.4% 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.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $458,150

  • 1f · All other contributions, gifts and grants

    $1,696,067

  • 2a · Program service revenue: Publication sales

    total $103,664 · related or exempt $103,664

  • 2b · Program service revenue: Registration fees

    total $48,250 · related or exempt $48,250

  • 3 · Investment income

    total $134,010 · excluded $134,010

  • 7a · Gross sales of assets other than inventory

    securities $1,573,296

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

    securities $1,271,819

  • 7c · Gain or loss

    securities $301,477

  • 7d · Net gain or loss

    total $301,477 · excluded $301,477

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $209,700 · program services $209,700

  • 3 · Grants to foreign organizations and individuals

    total $692,866 · program services $692,866

  • 5 · Compensation of officers, directors and key employees

    total $312,274 · program services $256,272 · management and general $38,260 · fundraising $17,742

  • 7 · Other salaries and wages

    total $582,613 · program services $464,463 · management and general $85,994 · fundraising $32,156

  • 8 · Pension plan contributions

    total $55,129 · program services $43,893 · management and general $8,190 · fundraising $3,046

  • 9 · Other employee benefits

    total $51,307 · program services $40,724 · management and general $7,757 · fundraising $2,826

  • 10 · Payroll taxes

    total $58,347 · program services $46,917 · management and general $8,177 · fundraising $3,253

  • 11b · Fees: legal

    total $1,295 · management and general $1,295

  • 11c · Fees: accounting

    total $44,810 · management and general $44,810

  • 11f · Fees: investment management

    total $58,699 · management and general $58,699

  • 11g · Fees: other

    total $773,918 · program services $765,088 · management and general $6,317 · fundraising $2,513

  • 12 · Advertising and promotion

    total $6,504 · program services $6,504

  • 13 · Office expenses

    total $99,522 · program services $33,086 · management and general $65,164 · fundraising $1,272

  • 14 · Information technology

    total $52,488 · program services $44,382 · management and general $5,799 · fundraising $2,307

  • 16 · Occupancy

    total $26,693 · program services $21,464 · management and general $3,741 · fundraising $1,488

  • 17 · Travel

    total $75,809 · program services $74,291 · management and general $1,086 · fundraising $432

  • 19 · Conferences, conventions and meetings

    total $92,688 · program services $92,590 · management and general $70 · fundraising $28

  • 22 · Depreciation, depletion and amortization

    total $7,999 · program services $6,628 · management and general $981 · fundraising $390

  • 23 · Insurance

    total $10,423 · program services $8,386 · management and general $1,457 · fundraising $580

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,196,286 · end of year $1,642,900

  • 3 · Pledges and grants receivable

    beginning of year $1,333,491 · end of year $595,708

  • 4 · Accounts receivable

    beginning of year $32,136 · end of year $17,167

  • 9 · Prepaid expenses and deferred charges

    beginning of year $31,318 · end of year $58,081

  • 10a · Land, buildings and equipment: cost or other basis

    $76,152

  • 10b · Land, buildings and equipment: accumulated depreciation

    $66,301

  • 10c · Land, buildings and equipment, net

    beginning of year $16,062 · end of year $9,851

  • 11 · Investments: publicly traded securities

    beginning of year $8,803,922 · end of year $7,050,593

  • 15 · Other assets

    beginning of year $19,267 · end of year $8,250

  • 17 · Accounts payable and accrued expenses

    beginning of year $145,699 · end of year $137,703

  • 19 · Deferred revenue

    beginning of year $83,978 · end of year $61,441

  • 27 · Net assets without donor restrictions

    beginning of year $5,470,419 · end of year $4,009,879

  • 28 · Net assets with donor restrictions

    beginning of year $6,732,386 · end of year $5,173,527

Mission and programs · 2022

Mission

See Schedule O

Activities or mission (Part I)

See Part III, line 1.

  • Vatican COVID 19 commission: managed collaborative support for Commission programs, which expressed and advanced the church's Solicitude and care for the whole human family facing the covid 19 pandemic, and enacted the holy father's call to "prepare the future."

    Expenses $1,020,863 · Grants $653,824

  • Education programs and research on topical philanthropy areas, such as Catholic education, formation in philanthropy, faith-aligned investing, Catholic social tradition, and racial justice and healing.

    Expenses $487,377 · Grants $20,000

  • Leadership Symposia: Provide continuing education on issues and trends of importance in the Catholic church, and to provide networking and information-sharing opportunities in Catholic philanthropy. Provide a forum for discussion between Catholic philanthropists and leaders in the Catholic charitable sector and the Catholic Church.

    Expenses $295,382 · Revenue $48,250

  • Commitment for child and vulnerable adult protection - FADICA is sponsoring a multi-year child and vulnerable adult safeguarding capacity building initiative. The initiative advances safeguarding through philanthropy, supporting catholic and catholic inspired funders and their grantee partners to advance and sustain a safe culture in church and society.

    Expenses $264,799 · Grants $55,492

  • Member Services

    Expenses $211,840

  • Growth for Impact Campaign

    Expenses $3,250

  • Other: Programming and operations that provide direct member services such as Catholic schools philanthropy working group and education in strategic grantmaking and faith-aligned investing.

    Expenses $228,588 · Grants $173,250

  • Hosting an expanded Catholic Funding Guide online; education and Conferences to support exchange and learning regarding effective Catholic philanthropy; supporting collaboration and commissioning Research to help Catholic schools thrive; and engaging the next Generation in Catholic philanthropy.

    Expenses $272,636 · Revenue $103,664

  • Philanthropy Leadership Intern Program

    Expenses $12,718

  • Member Affinity Groups

    Expenses $9,801

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

Listed in Part VII

  • Bernard Brenninkmeijer

    Director

    Total calculated
    $0
    Hours/week
    3
  • Timothy Connors

    Director

    Total calculated
    $0
    Hours/week
    3
  • Beth Flaherty

    Director

    Total calculated
    $0
    Hours/week
    3
  • Alexia Kelley

    President & CEO

    Total calculated
    $312,273
    From this org
    $253,827
    From related orgs
    $0
    Other
    $58,446
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $251,271
    Bonus
    $0
    Other
    $2,556
    Deferred
    $26,320
    Nontaxable benefits
    $32,126
    Filer's total
    $312,273
  • Anne Cullen Miller

    Treasurer

    Total calculated
    $0
    Hours/week
    3
  • Karen Rauenhorst

    Secretary

    Total calculated
    $0
    Hours/week
    3
  • Maria Robinson MD

    Chair

    Total calculated
    $0
    Hours/week
    3
  • Charlie Schaffler

    Director

    Total calculated
    $0
    Hours/week
    3
  • Gabriela Smith

    Director

    Total calculated
    $0
    Hours/week
    3
  • Sr Jane Wakahiu LSOSF PhD

    Director

    Total calculated
    $0
    Hours/week
    3
  • Christine Wolohan

    Director

    Total calculated
    $0
    Hours/week
    3
  • Michael Wolohan MD

    Incoming Chair/Chair

    Total calculated
    $0
    Hours/week
    3
  • Alicia Bondanella Simon

    Vice President

    Total calculated
    $164,928
    From this org
    $130,119
    From related orgs
    $0
    Other
    $34,809
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $129,330
    Bonus
    $0
    Other
    $789
    Deferred
    $13,466
    Nontaxable benefits
    $21,343
    Filer's total
    $164,928
  • Jon Jakoblich

    Director, Catholic Funding Guide

    Total calculated
    $134,138
    From this org
    $103,121
    From related orgs
    $0
    Other
    $31,017
    Hours/week
    40

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

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

  • University of Notre Dame du Lac

    $112,700

    Professional Development Fellowship/Internship program

  • US Catholic Sisters Against Human Trafficking

    $33,500

    Support for Catholic Sisters working against human trafficking

  • Catholic Climate Covenant

    $33,500

    Support for Catholic Sisters' ministry in care for creation areas

  • Meitler Consultants Inc

    $20,000

    Support for Catholic School Leadership Program

  • Solace Institute

    $10,000

    Support for Global Collaborative efforts to advance a World Day for the Prevention of and Healing from Child Sexual Exploitation, Abuse, and Violence, and a related documentary

Provenance

Return type
form_990
Tax year
2022
Filed
6 November 2023
IRS schema version
2022v5.0
Source object
202323119349301517

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