2025-05-05T06:57:17-05:00 2024-06-30 861065772 DELOITTE TAX LLP 50 SOUTH SIXTH STREET MINNEAPOLIS MN 55402 990 2023-07-01 367632823 CATHOLIC EDUCATION SCHOLARSHIP TRUST CATH 3126306948 50 S LASALLE ST CHICAGO IL 60603 NORTHERN TRUST CO TRUSTEE 3125348157 2025-04-28 1 0 ANNA KOLAKALURI P01275237 6123974000 2023 2025-03-06 01:10:19Z BETSY BOHLEN 835 N RUSH STREET CHICAGO IL 60611 2773566 0 0928 X N/A X 2013 IL PROVIDE SCHOLARSHIPS TO CHILDREN IN CATHOLIC SCHOOLS LISTED IN THE OFFICIAL CATHOLIC DIRECTORY FOR THE ARCHDIOCESE OF CHICAGO. 6 6 0 10 0 0 357819 254805 0 0 1368149 2000647 0 0 1725968 2255452 2263800 2100000 0 0 0 0 0 0 0 547021 593207 2810821 2693207 -1084853 -437755 61063105 67713822 123611 398426 60939494 67315396 X PROVIDE SCHOLARSHIPS TO CHILDREN IN CATHOLIC SCHOOLS LISTED IN THE OFFICIAL CATHOLIC DIRECTORY FOR THE ARCHDIOCESE OF CHICAGO. 0 0 2100000 2100000 CEST WAS ESTABLISHED IN 2013, IN CONJUNCTION WITH THE ARCHDIOCESE OF CHICAGO'S TO TEACH WHO CHRIST IS CAPITAL CAMPAIGN. PHOENIX SCHOLARSHIPS ARE AWARDED BASED ON THE RECOMMENDATIONS OF THE SCHOLARSHIP DELEGATION COMMITTEE TO FAMILIES WHO DEMONSTRATE FINANCIAL NEED AMONG OTHER CRITERIA DEFINED BY THE BOARD. THE SCHOLARSHIPS ARE PROVIDED TO ELIGIBLE STUDENTS IN GRADES K-12 IN CATHOLIC SCHOOLS THROUGHOUT COOK COUNTY AND LAKE COUNTY. QUALIFIED STUDENTS CAN APPLY FOR THESE RENEWABLE AWARDS THAT FOLLOW THE CHILD SHOULD THEY TRANSFER TO ANOTHER CATHOLIC SCHOOL WITHIN THE ARCHDIOCESE.PHOENIX SCHOLARSHIPS INCLUDE THOSE FUNDED AND DESIGNATED BY SIX SPECIFIC ENDOWMENTS. EACH OF THESE SIX ENDOWMENTS, ESTABLISHED IN PARTNERSHIP WITH CATHOLIC EDUCATION SCHOLARSHIP TRUST DONORS, FUNDS PHOENIX SCHOLARSHIPS WITHIN CRITERIA DICTATED BY DONOR REQUIREMENTS. PHOENIX SCHOLARSHIPS ARE AWARDED EACH YEAR TO ELIGIBLE STUDENTS MEETING THE SPECIFIC CRITERIA OF EACH ENDOWMENT. 2100000 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 IL X BETSY BOHLEN 3125348157 835 N RUSH STREET CHICAGO IL 60611 MOST REVEREND CARDINAL CUPICH BOARD MEMBER 1.00 0.00 X 0 0 0 MARY PATRICIA BURNS BOARD MEMBER 1.00 0.00 X 0 0 0 MR KEVIN SPEICHER BOARD MEMBER 1.00 0.00 X 0 0 0 BISHOP ROBERT CASEY BOARD MEMBER 1.00 0.00 X 0 0 0 EDWARD L HOCTER BOARD MEMBER 1.00 0.00 X 0 0 0 GREG RICHMOND BOARD MEMBER 1.00 0.00 X 0 0 0 NORTHERN TRUST CO TRUSTEE 1.00 0.00 X 37733 0 0 37733 0 0 0 0 0 0 THE NORTHERN TRUST COMPANY 50 S LASALLE STREET CHICAGO IL 60675 INVESTMENT MANAGEMENT 152175 1 254805 254805 639824 639824 1878937 518114 1360823 1360823 1360823 2255452 0 0 2000647 2100000 2100000 249679 249679 51731 51731 291797 291797 2693207 2100000 593207 0 3271209 2035121 554629 245802 25885686 26711808 31351581 38721091 61063105 67713822 123611 398426 123611 398426 X 60939494 67315396 60939494 67315396 61063105 67713822 X -437755 6743520 70137 X 0 1 X 0 0 X 4823620 1231475 337308 357819 324942 7075164 4823620 1231475 337308 357819 324942 7075164 3497350 3577814 1048693 644416 547874 525237 639824 3406044 10481208 0.34140 0.78940 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1441000 1441000 1441000 1441000 1441000 1441000 1441000 1441000 1441000 1441000 1.00000 0 0 0 MARKETABLE ALTERNATIVE EQUITY 38721091 38721091 1963655 -291797 -291797 2255452 0 2255452 2331273 -70137 -70137 2401410 291797 291797 2693207 PART V, LINE 4: CEST ENDOWMENTS INCLUDE TWO INDIVIDUAL FUNDS ESTABLISHED FOR A SPECIFIC SCHOLARSHIP PURPOSE. ALL ENDOWMENT NET ASSETS ARE PERMANENTLY RESTRICTED BASED ON DONOR RESTRICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT FEES -291,797. PART XII, LINE 2D - OTHER ADJUSTMENTS: TTWCI UNCOLLECTIBLE PROVISION -70,137. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 291,797. CAYMAN ISLANDS INVESTMENTS 3664307 EUROPE INVESTMENTS 4394762 0 0 0 0 0 0 8059069 0 8059069 1 0 1 1 1 0 PART I, LINE 3: ACCRUAL METHOD ACCOUNTING 1 CATHOLIC BISHOP OF CHICAGO 835 NORTH RUSH STREET CHICAGO IL 60611 362170826 501(C)(3) 2100000 0 SCHOLARSHIPS 1 PART I, LINE 2: CATHOLIC EDUCATION SCHOLARSHIP TRUST MAKES GRANTS TO THE CATHOLIC BISHOP OF CHICAGO FOR ALLOCATION TO AFFILIATED SCHOOLS OR PARISHES. SCHOLARSHIPS ARE AWARDED TO STUDENTS ATTENDING SUCH SCHOOLS AS DIRECTED BY THE PRINCIPALS OF THE SCHOOL OR PARISH. CATHOLIC EDUCATION SCHOLARSHIP TRUST MAINTAINS CONTACTS WITH THE GRANTEES THROUGH THE PERFORMANCE OF ITS EXEMPT PURPOSE. FORM 990, PART VI, SECTION A, LINE 2 MOST REVEREND CARDINAL CUPICH, MOST REVEREND ROBERT CASEY AND GREG RICHMOND HAVE A BUSINESS RELATIONSHIP DUE TO EMPLOYMENT AT THE CATHOLIC BISHOP OF CHICAGO. FORM 990, PART VI, SECTION B, LINE 11B CATHOLIC EDUCATION SCHOLARSHIP TRUST WORKS DILIGENTLY WITH AN ACCOUNTING FIRM TO COMPLETE THE FORM 990 AND ATTACHED SCHEDULES IN A THOROUGH MANNER. PRIOR TO FILING, THE RETURN WAS NOT REVIEWED BY THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE CEST TRUST BOARDS MEMBERS SIGN A CONFLICT OF INTEREST POLICY STATEMENT THAT SAYS THAT "IT IS THE RESPONSIBILITY OF EACH MEMBER TO BRING TO THE ATTENTION OF THE TRUST BOARD AND DISCLOSE TO THE TRUST BOARD THE RELEVANT CIRCUMSTANCES SURROUNDING ANY KNOWN OR LIKELY DIRECT OR INDIRECT INTEREST IN A TRANSACTION OR OTHER CONFLICT OF INTEREST AFFECTING THAT MEMBER IN RELATION TO THE TRUST, THE TRUST BOARD OR ANY DELEGATION COMMITTEE, WHETHER OR NOT THE MEMBER IS ALSO A MEMBER OF SUCH DELEGATION COMMITTEE. IF A CONFLICT OF INTEREST LATER BECOMES KNOWN OR LIKELY, THE AFFECTED MEMBER WILL PROMPTLY DISCLOSE THE CIRCUMSTANCES GIVING RISE TO SUCH CONFLICT OF INTEREST BY WRITTEN NOTICE TO THE TRUST BOARD." THE CEST TRUST BOARD MEMBERS WILL INVESTIGATE ANY ALLEGATIONS OR APPEARANCES OF CONFLICT OF INTERESTS AND TAKE APPROPRIATE ACTION BASED ON THEIR FINDINGS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL PROVIDE ANY DOCUMENT OPEN TO PUBLIC INSPECTION UPON WRITTEN REQUEST OR IN PERSON UNDER FEDERAL TAX LAW. FORM 990, PART XI, LINE 9: TTWCI UNCOLLECTIBLE PROVISION 70,137.