CATHOLIC FOUNDATION FOR THE ARCHDIOCESE OF DUBUQUE: Form 990, tax year 2020
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- Organization
- CATHOLIC FOUNDATION FOR THE ARCHDIOCESE OF DUBUQUE (EIN 45-1740219)
- Tax period
- 2020-07-01 to 2021-06-30
- Filed
- 2022-04-19
- IRS object ID
- 202231099349300543
- Schema version
- 2020v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-04-19T14:02:29-05:00 | ReturnTs |
| Tax Period End | 2021-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450250958 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Eide Bailly LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 800 Nicollet Mall Ste 1300 | AddressLine1Txt |
| City | Minneapolis | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 554027033 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 451740219 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Catholic Foundation in the Archdioce | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CATH | BusinessNameControlTxt |
| Phone | 5635562580 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 5th St NW | AddressLine1Txt |
| City | Cedar Rapids | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52405 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michele Brock | PersonNm |
| Person Title | Executive Director | PersonTitleTxt |
| Phone | 5635562580 | PhoneNum |
| Signature | 2022-04-19 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Michele | PersonFirstNm |
| Person Last | Brock | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Kim Hunwardsen CPA | PreparerPersonNm |
| PTIN | P00484560 | PTIN |
| Phone | 6122536500 | PhoneNum |
| Preparation | 2022-04-19 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Catholic Foundation in the Archdiocese of Dubuque | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Michele Brock | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 5th St NW | AddressLine1Txt |
| City | Cedar Rapids | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52405 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $33,755,759 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.ourcfad.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2011 | FormationYr |
| Legal Domicile State | IA | LegalDomicileStateCd |
| Activity Or Mission | Multiply charitable resources for maximum benefit to our Catholic community. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 13 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 15 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,125,257 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,580,104 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $583,985 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $743,819 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,173,941 | PYInvestmentIncomeAmt |
| CY Investment Income | $5,455,659 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $6,883,183 | PYTotalRevenueAmt |
| CY Total Revenue | $11,779,582 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,653,253 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,816,397 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $129,400 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $133,942 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $604,261 | PYOtherExpensesAmt |
| CY Other Expenses | $845,848 | CYOtherExpensesAmt |
| PY Total Expenses | $3,386,914 | PYTotalExpensesAmt |
| CY Total Expenses | $3,796,187 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $3,496,269 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $7,983,395 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $105,423,795 | TotalAssetsBOYAmt |
| Total Assets EOY | $141,044,047 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $20,393,737 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $28,080,366 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $85,030,058 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $112,963,681 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | Multiply charitable resources for maximum benefit to our Catholic community. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,497,426 | ExpenseAmt |
| Grant | $2,816,397 | GrantAmt |
| Revenue | $743,819 | RevenueAmt |
| Desc | The Catholic Foundation in the Archdiocese of Dubuque (CFAD) assists donors who wish to make a meaningful and lasting impact for Catholic organizations and those served by those organizations through the Spiritual and Corporal Works of Mercy. CFAD serves those in the 30 counties in northeast Iowa that make up the Archdiocese of Dubuque in three ways: charitable planning, investing, and grantmaking services.CFAD is separate from, yet collaborative with, the Archdiocese and holds endowments for many of the Catholic parishes, schools, cemeteries, social services and other Catholic organizations. Statement continued on Schedule O.We work with donors who want their Catholic values perpetuated in a legacy gift and help them structure that in the best way for them, their family and the organization(s) they want to benefit. CFAD works with Catholic organizations, their donors and donors' advisors through its legacy planning services. In FY2021, 11 new organizations began the Legacy Planning Toolkit program through CFAD. More than 1,500 individuals sought information through CFAD's services regarding charitable giving.CFAD invests legacy gifts as well as organization trust accounts in Catholic responsible choices. In FY2021, 19 new endowment funds and seven new agency trust accounts were added.Through donor agreements, CFAD grants legacy gifts as donors intend. In FY2021, $2,957,657 in grants were given from 156 funds to 122 organizations. The amount of grants to others represents distributions taken. Some organizations choose to not take a distribution but rather reinvest. These organizations are not reflected in the grant total.CFAD's vision is to endow financial support for our Catholic community; in other words, CFAD aims to sustain our Catholic organizations so that they can always carry out their missions to meet both spiritual and basic human needs in a manner that reflects Catholic values. | Desc |
| Total Program Service Expenses | $3,497,426 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 13 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Michele Brock | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5635520176 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 120 5th St NW | AddressLine1Txt |
| City | Cedar Rapids | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 52405 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|
| Michele Brock | ||||||
| Executive Director | 40.00 | Yes (X) | $100,060 | $0 | $15,803 | |
| Maureen Gronstal | ||||||
| Chair | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Brian Kane | ||||||
| Vice Chair | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Brian McConnell | ||||||
| Secretary | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Most Rev Michael Jackels | ||||||
| Director Ex-Officio | 0.50 | $0 | $0 | $0 | Yes (X) | |
| Richard Nelson | ||||||
| Director | 0.50 | $0 | $0 | $0 | Yes (X) | |
| Sarah Smith | ||||||
| Director | 0.50 | $0 | $0 | $0 | Yes (X) | |
| LuAnn Scholbrock | ||||||
| Director | 0.50 | $0 | $0 | $0 | Yes (X) | |
| Kirk Sadilek | ||||||
| Director | 0.50 | $0 | $0 | $0 | Yes (X) | |
| Pat Leonard | ||||||
| Director | 0.50 | $0 | $0 | $0 | Yes (X) | |
| John Fink | ||||||
| Director | 0.50 | $0 | $0 | $0 | Yes (X) | |
| Ken Keune | ||||||
| Director | 0.50 | $0 | $0 | $0 | Yes (X) | |
| Kathy Mersch | ||||||
| Director | 0.50 | $0 | $0 | $0 | Yes (X) | |
| Kim Berns | ||||||
| Director | 0.50 | $0 | $0 | $0 | Yes (X) | |
| Richard Runde | ||||||
| Treasurer (non-voting) | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $100,060 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $15,803 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (1) | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $5,580,104 | AllOtherContributionsAmt |
| Total Contributions | $5,580,104 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Administration Fees | 561000 | $723,797 | $723,797 |
| Management Fees | 561000 | $20,003 | $20,003 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $19 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $743,819 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,332,366 | TotalRevenueColumnAmt |
| Exclusion | $2,332,366 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $25,099,470 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $21,976,177 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $3,123,293 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,123,293 | TotalRevenueColumnAmt |
| Exclusion | $3,123,293 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $11,779,582 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $743,819 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $5,455,659 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,816,397 | TotalAmt |
| Program Services | $2,816,397 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,116 | TotalAmt |
| Management And General | $126,116 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,826 | TotalAmt |
| Management And General | $7,826 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,940 | TotalAmt |
| Management And General | $8,940 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $675,563 | TotalAmt |
| Program Services | $675,563 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,833 | TotalAmt |
| Management And General | $117,833 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,429 | TotalAmt |
| Management And General | $23,429 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,166 | TotalAmt |
| Program Services | $5,466 | ProgramServicesAmt |
| Management And General | $2,700 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,600 | TotalAmt |
| Management And General | $6,600 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,764 | TotalAmt |
| Management And General | $3,764 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,553 | TotalAmt |
| Management And General | $1,553 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,796,187 | TotalAmt |
| Program Services | $3,497,426 | ProgramServicesAmt |
| Management And General | $298,761 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $352,829 | BOYAmt |
| EOY | $140,686 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $832,992 | BOYAmt |
| EOY | $1,645,023 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,383 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,433 | BOYAmt |
| EOY | $2,461 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,343,278 | BOYAmt |
| EOY | $120,274,955 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,888,880 | BOYAmt |
| EOY | $18,980,922 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,423,795 | BOYAmt |
| EOY | $141,044,047 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $96,205 | BOYAmt |
| EOY | $42,153 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $19,460,469 | BOYAmt |
| EOY | $26,393,190 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $837,063 | BOYAmt |
| EOY | $1,645,023 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,393,737 | BOYAmt |
| EOY | $28,080,366 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,712,077 | BOYAmt |
| EOY | $112,370,866 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $317,981 | BOYAmt |
| EOY | $592,815 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,030,058 | BOYAmt |
| EOY | $112,963,681 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $105,423,795 | BOYAmt |
| EOY | $141,044,047 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $7,983,395 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $19,950,228 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,143,693 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $37,906,997 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,545,426 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,125,257 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,580,104 | CurrentTaxYearAmt |
| Total | $63,301,477 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,143,693 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $37,906,997 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,545,426 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,125,257 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,580,104 | CurrentTaxYearAmt |
| Total | $63,301,477 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $63,301,477 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $497,467 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,136,708 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,604,593 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,982,457 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,332,366 | CurrentTaxYearAmt |
| Total | $7,553,591 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $70,855,068 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $2,519,148 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.89340 | PublicSupportCY170Pct |
| Public Support PY170 | 0.91690 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Annuity/Life Insurance | $4,000,000 | F |
| Investments in Alternative Investment Grantor Trust | $14,980,922 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $18,980,922 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Agency funds - ArchdioceseOne | Desc |
| Amt | $1,645,023 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,645,023 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $966,316 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $966,316 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $85,341 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $10,727,925 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $10,813,266 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $11,779,582 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $313,853 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $313,853 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $85,341 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $3,396,993 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,482,334 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,796,187 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part IV, Line 2b: | Funds Held in Trust represents funds that have been transferred to the Foundation, but ownership is retained by the Trustor. Investment income and distributions of these funds are not considered revenues or expenses of the Foundation. |
| 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 4b - Other Adjustments: | Designated funds recorded in revenue as contributions on Form 990 5,379,121. Interest income on designated funds recorded as revenue on Form 990 2,225,840. Realized gain on designated funds recorded as revenue on Form 990 3,122,964. |
| Part XII, Line 4b - Other Adjustments: | Designated endowment distributions recorded in functional exps on Form 990 2,806,771. Designated endowment fees recorded in functional expense on Form 990 590,222. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (47 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| St Thomas Aquinas Church Ames | |||||||
| 2210 Lincoln Way | Ames | IA | 50014 | 420698050 | 501c3 | $86,641 | Catholic education, programs, operations, scholarships |
| St Joseph's Church Bellevue | |||||||
| 405 Franklin St | Bellevue | IA | 52031 | 420718463 | 501c3 | $12,581 | Educational programs/needs |
| St Matthias Parish Cascade | |||||||
| PO Box 699 | Cascade | IA | 52033 | 420725147 | 501c3 | $22,542 | Educational programs/needs, Operations |
| St Patrick's Church Cedar Falls | |||||||
| 705 Main Street | Cedar Falls | IA | 50613 | 420703284 | 501c3 | $22,051 | Operations |
| All Saints Church Cedar Rapids Iowa | |||||||
| 720 29th St SE | Cedar Rapids | IA | 52403 | 420698056 | 501c3 | $67,667 | Scholarships |
| Immaculate Conception Church Charles City Iowa | |||||||
| 106 Chapel Ln | Charles City | IA | 50616 | 420725300 | 501c3 | $19,421 | Educational programs/needs |
| St Raphael Cathedral Dubuque | |||||||
| 231 Bluff St | Dubuque | IA | 52001 | 420703275 | 501c3 | $23,408 | Liturgy programs/needs |
| The Church of the Nativity Dubuque | |||||||
| 1225 Alta Vista St | Dubuque | IA | 52001 | 420707103 | 501c3 | $5,235 | Scholarships |
| Holy Spirit Parish Dubuque | |||||||
| 2215 Windsor Ave | Dubuque | IA | 52001 | 420738963 | 501c3 | $44,835 | Educational programs/needs, Scholarships |
| St Joseph the Worker Church Dubuque Iowa | |||||||
| 60 S Algona St | Dubuque | IA | 52001 | 420698063 | 501c3 | $44,631 | Educational programs/needs |
| Basilica of St Francis Xavier Dyersville | |||||||
| 104 Third St SW | Dyersville | IA | 52040 | 420730353 | 501c3 | $16,473 | Educational programs/needs, Operations, Subsidies |
| Sacred Heart Church Eagle Grove | |||||||
| 608 2nd Ave SE | Clarion | IA | 50525 | 420680367 | 501c3 | $9,807 | Operations |
| Immaculate Conception Church Gilbertville Iowa | |||||||
| PO Box 136 | Gilbertville | IA | 50634 | 420698206 | 501c3 | $22,372 | Educational programs/needs |
| The Sacred Heart Church Maquoketa | |||||||
| 200 S Vermont St | Maquoketa | IA | 52060 | 420725234 | 501c3 | $12,934 | Educational programs/needs |
| St Joseph Church Marion Iowa | |||||||
| 1790 14th St | Marion | IA | 52302 | 420782534 | 501c3 | $54,887 | Educational programs/needs, Operations, Subsidies |
| St Francis of Assisi Parish Marshalltown Iowa | |||||||
| 107 S First St | Marshalltown | IA | 50158 | 420822991 | 501c3 | $5,153 | Perpetual maintenance/repair |
| Holy Family Church New Hampton | |||||||
| 313 W Court St | New Hampton | IA | 50659 | 420746001 | 501c3 | $35,000 | Educational programs/needs |
| St Francis Church Ossian Iowa | |||||||
| PO Box 819 | Calmar | IA | 52132 | 420680343 | 501c3 | $9,950 | Educational programs/needs |
| SS Peter and Paul Church Petersburg | |||||||
| 1625 300th Ave | Dyersville | IA | 52040 | 420710266 | 501c3 | $8,064 | Educational programs/needs, Operations |
| St Joseph's Church Raymond Iowa | |||||||
| PO Box 136 | Gilbertville | IA | 50634 | 420681420 | 501c3 | $15,533 | Educational programs/needs |
| Blessed Sacrament Church Waterloo | |||||||
| 650 Stephan Avenue | Waterloo | IA | 50701 | 420681065 | 501c3 | $48,536 | Educational programs/needs, Operations |
| St Patrick's Church Waukon | |||||||
| 109 Second Street SW | Waukon | IA | 52172 | 420698115 | 501c3 | $10,479 | Operations |
| St Teresa of Calcutta Catholic School Calmar Iowa | |||||||
| 414 East Main St | Ossian | IA | 52161 | 420761054 | 501c3 | $7,901 | Tuition assistance |
| Aquin Educational System Cascade | |||||||
| PO Box 460 | Cascade | IA | 52033 | 420859383 | 501c3 | $30,853 | Tuition assistance |
| Notre Dame Elementary School Cresco Iowa | |||||||
| 116 3rd St E | Cresco | IA | 52136 | 421489681 | 501c3 | $5,683 | Operations |
| Seton Catholic Schools Farley | |||||||
| 7597 Burds Rd | Peosta | IA | 52068 | 420939663 | 501c3 | $20,155 | Educational programs/needs, Operations, Tuition assistance |
| St Francis Catholic School Marshalltown Iowa | |||||||
| 310 Columbus Dr | Marshalltown | IA | 50158 | 420918582 | 501c3 | $13,068 | Operations |
| Trinity Catholic School Protivin Iowa | |||||||
| 116 Main St | Protivin | IA | 52163 | 421109802 | 501c3 | $5,164 | Operations |
| Cedar Valley Catholic Schools | |||||||
| 3231 W 9th St | Waterloo | IA | 50702 | 420796767 | 501c3 | $25,579 | Operations |
| St Joseph Cemetery Association Bellevue Iowa | |||||||
| PO Box 6 | Bellevue | IA | 52031 | 753190801 | 501c3 | $5,890 | Perpetual maintenance/repair |
| St John's Cemetery Association Cedar Rapids IA | |||||||
| 2107 J St SW | Cedar Rapids | IA | 52404 | 420681045 | 501c3 | $8,873 | Perpetual maintenance/repair |
| Mt Calvary Cemetery Association Cedar Rapids | |||||||
| 2310 1st Ave NE | Cedar Rapids | IA | 52402 | 420698296 | 501c3 | $15,958 | Perpetual maintenance/repair |
| Calvary Cemetery Association Charles City Iowa | |||||||
| 106 Chapel Ln | Charles City | IA | 50616 | 420923759 | 501c3 | $23,749 | Perpetual maintenance/repair |
| Resurrection Cemetery Association Inc Dubuque | |||||||
| 4300 Asbury Rd | Dubuque | IA | 52002 | 420866728 | 501c3 | $5,232 | Perpetual maintenance/repair |
| Mt Calvary Cemetery Association Dubuque | |||||||
| 1111 Davis Ave | Dubuque | IA | 52001 | 420707105 | 501c3 | $64,974 | Perpetual maintenance/repair |
| Mt Olivet Cemetery Association Dubuque Iowa | |||||||
| 10556 Military Road | Dubuque | IA | 52003 | 420426590 | 501c3 | $21,312 | Perpetual maintenance/repair |
| St Francis Cemetery of Dyersville Dyersville Iowa | |||||||
| 104 3rd St SW | Dyersville | IA | 52040 | 861091771 | 501c3 | $21,647 | Perpetual maintenance/repair |
| Immaculate Cemetery Association Haverhill Iowa | |||||||
| 310 Columbus Dr | Marshalltown | IA | 50158 | 420725231 | 501c3 | $5,571 | Perpetual maintenance/repair |
| Sacred Heart Cemetery Association Monticello Iowa | |||||||
| 210 E 3rd St | Monticello | IA | 52310 | 450588164 | 501c3 | $8,966 | Perpetual maintenance/repair |
| Holy Family Cemetery Association New Hampton | |||||||
| 313 W Court St | New Hampton | IA | 50659 | 371572644 | 501c3 | $8,113 | Perpetual maintenance/repair |
| Catholic Cemeteries of Waterloo | |||||||
| 3912 W 4th Street | Waterloo | IA | 50701 | 420165873 | 501c3 | $24,112 | Perpetual maintenance/repair |
| The Archdiocese of Dubuque | |||||||
| 1229 Mt Loretta Avenue | Dubuque | IA | 52003 | 420680409 | 501c3 | $508,020 | Operations |
| Catholic Charities Foundation | |||||||
| 1229 Mt Loretta Avenue | Dubuque | IA | 52003 | 420680319 | 501c3 | $92,035 | Operations |
| The Archdiocese of Dubuque Seminarian Education Endowment Fund | |||||||
| 1229 Mt Loretta Avenue | Dubuque | IA | 52004 | 421400343 | 501c3 | $212,618 | Educational programs/needs |
| The Archdiocese of Dubuque Education Endowment Fund | |||||||
| 1229 Mt Loretta Avenue | Dubuque | IA | 52004 | 421400348 | 501c3 | $886,290 | Educational programs/needs, Tuition assistance |
| St Stephen the Witness Catholic Student Center Cedar Falls | |||||||
| 1019 West 23rd Street | Cedar Falls | IA | 50613 | 421208336 | 501c3 | $19,231 | Operations |
| Don Bosco High School Gilbertville Iowa | |||||||
| 405 16th Ave | Gilbertville | IA | 50634 | 420788230 | 501c3 | $26,882 | Operations |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 47 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 2: | FormAndLineReferenceDesc |
| Explanation | The funds distributed were set up as organization funds, therefore the organizations are the listed beneficiary in the fund agreement. They are required to use the money for a specific purpose and to report back how the funds were used. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michele Brock | PersonNm |
| Title | Executive Director | TitleTxt |
| Base Compensation Filing Org | $100,060 | BaseCompensationFilingOrgAmt |
| Compensation Based On Rltd Orgs | $0 | CompensationBasedOnRltdOrgsAmt |
| Bonus Filing Organization | $0 | BonusFilingOrganizationAmount |
| Bonus Related Organizations | $0 | BonusRelatedOrganizationsAmt |
| Other Compensation Filing Org | $0 | OtherCompensationFilingOrgAmt |
| Other Compensation Rltd Orgs | $0 | OtherCompensationRltdOrgsAmt |
| Deferred Compensation Flng Org | $5,342 | DeferredCompensationFlngOrgAmt |
| Deferred Comp Rltd Orgs | $0 | DeferredCompRltdOrgsAmt |
| Nontaxable Benefits Filing Org | $11,106 | NontaxableBenefitsFilingOrgAmt |
| Nontaxable Benefits Rltd Orgs | $0 | NontaxableBenefitsRltdOrgsAmt |
| Total Compensation Filing Org | $116,508 | TotalCompensationFilingOrgAmt |
| Total Compensation Rltd Orgs | $0 | TotalCompensationRltdOrgsAmt |
| Comp Report Prior990 Filing Org | $0 | CompReportPrior990FilingOrgAmt |
| Comp Report Prior990 Rltd Orgs | $0 | CompReportPrior990RltdOrgsAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Form 990 Schedule J, Compensation Paid by Unrelated Organization: | FormAndLineReferenceDesc |
| Explanation | Michele Brock, Executive Director, was compensated by the Archdiocese of Dubuque, an unrelated organization, for services to The Catholic Foundation in the Archdiocese of Dubuque for the time period of July 2020 thru February 2021. Beginning in March 2021 Michele was compensated by the filing organization. Michele provides financial and management oversight to the organization. Compensation and benefits are reported on Part VII of the Form 990. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 1 | The Executive Committee consists of a total of three members, the current Chair of the Board of Directors and two additional members. The Executive Committee has the authority to act on behalf of the Board of Directors of the Corporation. Action by the Executive Committee requires the affirmative vote of two-thirds of all duly appointed members. |
| Form 990, Part VI, Section A, line 2 | Most Rev. Michael Jackels, Rick Runde, and Michele Brock have a business relationship. |
| Form 990, Part VI, Section B, line 11b | Each Board of Director is provided a copy of the Form 990 before it is filed. The Form 990 is reviewed by the President and Treasurer. |
| Form 990, Part VI, Section B, line 12c | The conflict of interest policy establishes the required Board process for entertaining and voting upon any proposed transaction, compensation, gift or other financial arrangement between the Organization and any "interested person" who has a duality of interest or potential conflict with respect to any such transaction, compensation, gift or other financial arrangement. On an annual basis, each interested person signs an affirmation acknowledging his or her receipt of such policy and agreement to abide by its terms. The completed policies are reviewed and discussed by the Board. Any interested person with a conflict is not allowed to vote on the matter. |
| Form 990, Part VI, Section B, line 15a | The Executive Director was compensated through payroll services by the Archdiocese of Dubuque, an unrelated, tax exempt organization for the time period of July 2020 thru February 2021. Beginning in March 2021 the Executive Director was compensated by the filing organization. The unrelated organization and filing organization used the Form 990 of similar exempt organizations, compensation surveys and studies, and approval by the board to determine compensation on an annual basis. The two organizations have a technical service agreement for such administrative services. |
| Form 990, Part VI, Section C, line 19 | The Organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request. |
| Form 990, Part IX, Compensation: | The Organization reports compensation but does not file any W-2 forms. Compensation was paid by the Archdiocese of Dubuque, an unrelated organization, for services to The Catholic Foundation in the Archdiocese of Dubuque. The Archdiocese of Dubuque submits the W-2 forms. |
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