2022-05-13T13:20:55-05:00 2021-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2020-07-01 730773715 Catholic Foundation of Oklahoma Inc CATH 4057215651 PO Box 32180 Oklahoma City OK 73123 Peter de Keratry Executive Director 4057215651 2022-05-16 1 Peter de Keratry 999009999 Kim Hunwardsen CPA P00484560 6122536500 2022-05-13 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Peter de Keratry PO Box 32180 Oklahoma City OK 73123 31991912 0 0928 X WWW.CFOOK.ORG X 1965 OK Steward of charitable funds that provide resources to parishes and other ministries. 18 18 0 30 115376 0 2646458 4471355 212427 339908 912242 1723029 186294 112899 3957421 6647191 195086 1002702 0 0 240331 216063 0 0 18500 1334166 836422 1769583 2055187 2187838 4592004 68003383 82819268 50615242 57184623 17388141 25634645 X To inspire generosity leading to endowments and charitable funds supporting parishes, schools, and other ministries of the Catholic Church in central and western Oklahoma. 0 0 1376228 1002702 339908 The Catholic Foundation was incorporated as a nonprofit entity whose mission is to procure and build endowment funds to support the ministries and entities of the Archdiocese of Oklahoma City. With the spiritual leadership and guidance of the Archbishop of Oklahoma City, the Foundation is managed by a Board of Directors, consisting of priests, deacons and professional lay men and women representing the various geographic areas of the Archdiocese of Oklahoma City. Program service statement continued on Schedule O.In carrying out its mission, the Foundation provides gifting vehicles in which the Church and related entities are designated beneficiaries; provides estate planning and charitable giving information and assistance; and distributes earnings on endowments to further the development of the Catholic Church in central and western Oklahoma.The Foundation distributes earnings from endowments and other charitable funds to parishes, schools and other ministries to further develop the Catholic church in central and western Oklahoma. Grants are awarded to Catholic organizations to advance the faith throughout the Archdiocese. Grants totaling $213,216 to 51 parishes and schools were distributed in 2021. 72 College Scholarships were awarded totaling $112,190 in 2021.In addition to endowments and charitable funds owned by the Foundation, 130 custodial accounts are managed by the foundation for parishes, schools and other ministries. 90251 A Charitable Gift Annuity program is available to provide ongoing support for the donor's life with the residual asset going to the CFO Ministry Fund at the Catholic Foundation of Oklahoma to provide grants to parishes, schools and other ministries. 1466479 1 1 0 0 0 1 0 0 1 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 0 1 0 0 0 OK X David Johnson 4057215651 PO Box 32180 Oklahoma City OK 73123 X Most Reverend Paul Coakley Chairman 35.00 X X 0 0 0 David Johnson Secretary/Treasurer 30.00 X X 0 0 0 Daniel Stith President 1.00 X X 0 0 0 Joe Ray President Elect 1.00 X X 0 0 0 Whitney Hufnagel Vice-President 1.00 X X 0 0 0 Sharon Robinson Immediate Past President 3.00 X X 0 0 0 Father Rex Arnold Board member 1.00 X 0 0 0 Phil Brockhaus Board Member 1.00 X 0 0 0 George Browning Board member 1.00 X 0 0 0 Lori Carter Board member 1.00 X 0 0 0 Louis Gasbarra Board Member 1.00 X 0 0 0 Barbara Hatfield Board member 1.00 X 0 0 0 Butch Meibergen Board member 1.00 X 0 0 0 Michael Ray Board member 1.00 X 0 0 0 Kurt Rupert Board member 1.00 X 0 0 0 Richard White Board member 1.00 X 0 0 0 Steve Winkler Board member 1.00 X 0 0 0 David Zuech Board member 1.00 X 0 0 0 Rebecca David Accountant 37.50 X 64795 0 15344 Stephen Reel - Interim Executive Director (Jun 20-Dec 20) 25.00 X 0 0 0 Peter de Keratry Executive Dir - as of Jan 2021 40.00 X 0 0 0 64795 0 15344 0 0 0 1 0 268406 4202949 4471355 Fund Management Fees 541610 143354 143354 196554 196554 339908 439894 115376 324518 142801 142801 26537954 25254819 1283135 1283135 1283135 60000 268406 89902 -29902 -29902 6647191 339908 115376 1720552 948122 948122 54580 54580 131080 131080 56699 56699 8265 8265 20019 20019 1100 1100 24055 24055 208117 208117 35596 35596 16349 16349 23015 23015 38009 38009 9000 9000 1476 1476 1973 1973 374 374 Other Supported Program 373526 373526 Provision for Annuities 90251 90251 Planned giving legacy p 18500 18500 -4919 -4919 2055187 1466479 570208 18500 424963 713987 40000 42871 12673 53267 16588 38229 36679 53872840 66634547 13247030 14982681 377450 398701 68003383 82819268 40210 29336 44967 89960 49161287 55626403 1368778 1438924 50615242 57184623 X 8217530 10476880 9170611 15157765 17388141 25634645 68003383 82819268 X 4592004 3508380 146120 X 0 1 X 0 0 X 754185 1774691 527371 2646458 4471355 10174060 754185 1774691 527371 2646458 4471355 10174060 137563 10036497 358565 377163 609109 737946 467319 2550102 124073 172187 308 103144 399712 13123874 994836 0.76480 0.59300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7 130 152376 330728 208620 4699862 983114 55626403 1 1 0 1 X 9619855 3728080 3067262 510016 15905181 8065025 2483477 -22551 906096 9619855 7594543 467393 226130 223041 8065025 5996817 1517284 340691 260249 7594543 5167077 463295 503616 137171 5996817 0.04620 0.71270 0.24110 0 0 32529 32529 20738 16588 4150 36679 Partnerships and Limited Liability Companies 7252146 F Hedge Funds 4844815 F Real Estate Partnership 2885720 F 14982681 Annuities Payable 1237742 Distribution Payable 201182 1438924 X 10233476 3508380 50000 146120 3704500 6528976 208117 -89902 118215 6647191 1986972 50000 89902 139902 1847070 208117 208117 2055187 Part IV, Line 2b: Funds held for others include funds that the Foundation, as agent under management agreements, invests for certain related parties. Management fees of up to 0.25% annually calculated on the beginning of the month balance are charged to such parties for these services and are included in unrestricted revenues. In addition, funds held for others include certain revocable and irrevocable trusts and custodian funds for which the Foundation has been designated as custodian. Part V, Line 4: Endowment Funds operate with a spending policy adopted by the Board and executed with any donor restrictions to provide support for the ministries of the Catholic church in the Archdiocese of Oklahoma City and other donor designated non-profit organizations whose teaching are in alignment with the Catholic church. Part X, Line 2: The Foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 2d - Other Adjustments: Change in Cash Value of Life Insurance 21,251. Change in Annuities Valuation 124,869. Part XI, Line 4b - Other Adjustments: Fundraising Expenses reported in Revenue on Form 990 -89,902. Part XII, Line 2d - Other Adjustments: Fundraising Expenses reported in Revenue on Form 990 89,902. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Investments 6316999 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Investments 2275709 0 0 0 0 0 0 8592708 0 8592708 1 0 1 1 1 0 Part III Accounting Method: Schedule F, Part IV The Foundation reviews its direct and indirect investments during the tax period for determining required foreign filings. The Foundation's ownership interests in foreign corporations do not require a Form 5471 to be filed. The Foundation has transfers to foreign corporations through its investments. The Foundation was not required to file Form 926 due to transfers under the filing threshold. The Foundation invests in passive foreign investment companies. The investment partnerships have properly filed Form 8621 or the underlying investments did not generate any unrelated business income. Under these facts, the Foundation is not required to file an additional Form 8621. The Foundation has transfers to foreign partnerships through its investments in partnerships. The Foundation filed Form 8865 as the transfers were under the reporting threshold. Archbishop's Dinner 328406 268406 60000 19850 59550 10502 328406 268406 60000 19850 59550 10502 89902 -29902 1 Bishop McGuinness Catholic High School 801 Northwest 50th Oklahoma City OK 73118 730642613 501(c)(3) 6363 General operating expenses Catholic Charities of the Archdiocese of Oklahoma City 1232 N Classen Blvd Oklahoma City OK 73106 730636561 501(c)(3) 9000 General operating expenses Center of Family Love 635 W Texas Ave Okarche OK 73762 731130455 501(c)(3) 5250 General operating expenses Cristo Rey High School OKC 1905 Elmhurst Oklahoma City OK 73120 730717670 501(c)(3) 7600 General operating expenses Holy Spirit Catholic Church 1100 North Sara Road Mustang OK 73064 731194501 501(c)(3) 10114 General operating expenses Holy Trinity Catholic School 211 West Missouri Okarche OK 73762 730648448 501(c)(3) 9505 General operating expenses Infant Crisis Services 4224 N Lincoln Blvd Oklahoma City OK 73105 731378766 501(c)(3) 50000 General operating expenses Little Flower Church 1125 South Walker Oklahoma City OK 73109 731137899 501(c)(3) 35000 General operating expenses Our Lady of Guadalupe Catholic Church 524 East Chestnut Street Hollis OK 73550 823235937 501(c)(3) 6300 General operating expenses Our Lady of Victory Church 316 Jefferson Purcell OK 73080 731137088 501(c)(3) 21798 General operating expenses Sacred Heart School - El Reno 208 South Evans El Reno OK 73036 730683607 501(c)(3) 10200 General operating expenses Saint Ann Church Cordell c/o PO Box 1295 Clinton OK 73601 731227288 501(c)(3) 7235 General operating expenses Saint Charles Borromeo Catholic School 5024 North Grove Oklahoma City OK 73122 730701035 501(c)(3) 31122 General operating expenses Saint Eugene Church Weatherford 704 North Bryan Street Weatherford OK 73096 731006728 501(c)(3) 5500 General operating expenses Saint Mary Church - Clinton 714 South 12th Clinton OK 73601 730713426 501(c)(3) 9769 General operating expenses St Damien of Molokai Church 8455 NW 234th Street Edmond OK 73025 271799581 501(c)(3) 5325 General operating expenses St Eugene School 2400 West Hefner Oklahoma City OK 73156 730710866 501(c)(3) 6700 General operating expenses St Francis of Assisi Newkirk PO Box 11 Newkirk OK 74647 730632924 501(c)(3) 5500 General operating expenses St Francis of Assisi OKC 1901 NW 18th Oklahoma City OK 73146 730722461 501(c)(3) 31106 General operating expenses St Francis of Assisi Rosary School Trust 1901 NW 18th Oklahoma City OK 73146 730722461 501(c)(3) 33613 General operating expenses St John Bosco Institute 8455 NW 234th Street Edmond OK 73025 465727183 501(c)(3) 6000 General operating expenses St Joseph School - Enid 110 North Madison Enid OK 73702 730608175 501(c)(3) 37565 General operating expenses St Patrick - Anadarko PO Box 628 Anadarko OK 73005 731222672 501(c)(3) 16104 General operating expenses St Francis Xavier Catholic Church 110 North Madison Enid OK 73702 730608175 501(c)(3) 90276 General operating expenses St James Catholic Church 4201 South McKinley Oklahoma City OK 73109 730685462 501(c)(3) 8000 General operating expenses St Joseph Catholic Church - Tonkawa PO Box 525 Tonkawa OK 74653 208650826 501(c)(3) 9804 General operating expenses St Joseph Old Cathedral 307 Northwest 4th Street Oklahoma City OK 73101 730645148 501(c)(3) 17550 General operating expenses St Mary's Catholic Church Ponca City 408 South 8th Street Ponca City OK 74601 730638646 501(c)(3) 6900 General operating expenses St Mary's Catholic School Ponca City 408 South 8th Street Ponca City OK 74601 730638646 501(c)(3) 10554 General operating expenses Holy Family Catholic Church 1010 Northwest 82nd Lawton OK 73505 730710425 501(c)(3) 66843 General operating expenses Blessed Stanley Rother Shrine 7501 Northwest Expressway Oklahoma City OK 73132 843965818 501(c)(3) 250000 General operating expenses 31 0 College Scholarships 68 54580 Part I, Line 2: Grants to Organizations includes an application from the parish or school. A committee comprised of board members evaluates the completed applications. The selection and award amounts are presented to the board for approval. Grant agreements are required back from the parish and school and grant awards are sent. Grant impact reports are due back within one year. The Catholic Foundation of Oklahoma, Inc. awards college scholarships to qualified Catholic high school seniors from within the Archdiocese of Oklahoma City. All applicants complete the same online form; the Scholarship Committee determines the scholarship to be awarded to the selected recipients. Scholarships are paid directly to the educational institutions for the benefit of the individual recipient. Guidelines for eligibility: Applicant must be a graduating high school senior or a University of Oklahoma medical student. Applicant must be a registered, active member of a Catholic parish in the Archdiocese of Oklahoma City. Applicant must show scholastic ability and financial need. Applicant must be enrolling as a full-time student (minimum of 12 enrolled hours per semester). Scholarship recipients must maintain a 3.0 cumulative grade point average. A recommendation form will be sent to the applicant's pastor. 0 0 0 0 0 0 0 0 0 Rebecca David Accountant 62250 0 2545 0 0 0 3084 0 12260 0 80139 0 0 0 Schedule J, Part II and Form 990, Part VII, Line 5: Rebecca David, Accountant, was compensated by the Archdiocese of Oklahoma City, an unrelated organization, for services to Catholic Foundation of Oklahoma. Compensation and benefits shown on Schedule J and Form 990 Part VII were paid by the Archdiocese of Oklahoma City. As of May 2021, Catholic Foundation of Oklahoma, Inc. is paying compensation for Rebecca David. Peter de Keratry, Executive Director as of January 2021, is compensated by the Archdiocese of Oklahoma City. Catholic Foundation of Oklahoma reimburses 50% of Peter's total compensation to the Archdiocese of Oklahoma City for services provided to Catholic Foundation of Oklahoma. Stephen Reel, Interim Executive Director until December 2020, was not compensated for services to Catholic Foundation of Oklahoma. An in-kind contribution of $50,000 was reported on the financial statements and removed from contributions and expenses on the Form 990. Form 990, Part VI, Section A, line 1 The Executive Committee consists of the Archbishop, the President, the President Elect, the Vice President, the Secretary/Treasurer, and the Executive Director. The Executive Committee shall act upon matters requiring board action which may arise between board meetings. All actions of the Executive Committee shall require a two-thirds affirmative vote of the entire membership of the Executive Committee. Form 990, Part VI, Section A, line 7a The Archbishop has the ability to make recommendations to the board. Form 990, Part VI, Section A, line 7b The Archbishop has the ultimate authority over all decisions made by the board. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the Secretary/Treasurer and the Executive Director before it is filed. It is available for board member review upon request or at the next scheduled board meeting. Form 990, Part VI, Section B, line 12c All board members are covered by the policy, the board determines the conflict initially but it may be escalated to the Archbishop if necessary. When a conflict has been determined the person with a conflict abstains from voting on the matter or resigns from the board if the conflict is ongoing. Form 990, Part VI, Section B, line 15 Compensation for the Executive Director is determined by the Archbishop of the Archdiocese of Oklahoma City. Form 990, Part VI, Section C, line 19 Documents made available upon request Form 990, Part VII: Rebecca David, Accountant, and Peter de Keratry, Executive Director as of January 2021, are compensated by the Archdiocese of Oklahoma City, an unrelated organization, for services to Catholic Foundation of Oklahoma. The Foundation does not prepare and submit Form W-2. Form 990, Part XI, line 9: Life Insurance Cash Value Change 21,251. Change in Annuities Valuation 124,869.