2021-05-17T16:52:23-05:00 2020-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2019-07-01 730773715 Catholic Foundation of Oklahoma Inc CATH 4057215651 PO Box 32180 Oklahoma City OK 73123 Peter de Keratry Executive Director 4057215651 2021-05-17 1 Kim Hunwardsen CPA P00484560 6122536500 2021-05-17 2019 2022-09-23 18:48:47Z David Johnson PO Box 32180 Oklahoma City OK 73123 53826535 0 0928 X WWW.CFOOK.ORG X 1965 OK Steward of charitable funds that provide resources to parishes and other ministries. 22 22 0 30 -110842 -123450 527371 2646458 0 212427 530590 912242 338967 186294 1396928 3957421 505816 195086 0 0 196772 240331 0 0 3619 338143 1334166 1040731 1769583 356197 2187838 69829520 68003383 53635105 50615242 16194415 17388141 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 1122693 195086 212427 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. In carrying out its mission, the Foundation:Provides gifting vehicles in which the Church and related entities are designated beneficiaries; (Statement continued on Schedule O)Provides estate planning and charitable giving information and assistance; Distributes earnings on its endowed funds to designated Archdiocesan entities, and for activities which would further the development of the Catholic Church in central and western Oklahoma. Endowment & Quasi Endowment - Manages the endowments of the Foundation and Trust funds from the Catholic Archdiocese of Oklahoma City for the benefit of the Archdiocese and its institutions as designated by the board.Grants are awarded to Catholic organizations for the advancement and enhancement of the faith throughout the Archdiocese of Oklahoma City. 111045 An active Charitable Gift Annuity program is available, at no cost, to provide ongoing support for the donors life, with the residual asset going to the Catholic Foundation of Oklahoma unrestricted endowment which provides grants for parishes, missions and Catholic schools within the Archdiocese of Oklahoma City. 1233738 1 1 0 0 0 1 0 0 1 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 22 22 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 Nancy Koons Executive Director until May 2020 37.50 X 86792 0 13993 Rebecca David Accountant 37.50 X 65075 0 13844 Most Reverend Paul Coakley Chairman 5.00 X X 0 0 0 Sharon Robinson President 1.00 X X 0 0 0 Kevin Karpe Immediate Past President 1.00 X X 0 0 0 Daniel Stith President Elect 1.00 X X 0 0 0 Joe Ray Vice-President 1.00 X X 0 0 0 David Johnson Secretary/Treasurer 3.00 X X 0 0 0 Reverend Raymond Ackerman Board member 1.00 X 0 0 0 Rex Anderson Board Member 1.00 X 0 0 0 Reverend Rex Arnold Board member 1.00 X 0 0 0 Phillip 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 Whitney Hufnagel Board member 1.00 X 0 0 0 Butch Meibergen Board member 1.00 X 0 0 0 Tim Payne 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 151867 0 27837 0 0 0 1 0 2646458 2646458 Fund Management Fees 541611 142150 142150 70277 70277 212427 440810 -110842 551652 186294 186294 50340546 49869114 471432 471432 471432 3957421 212427 -110842 1209378 124086 124086 71000 71000 183470 183470 40878 40878 2064 2064 13919 13919 23600 23600 146417 146417 17292 17292 8854 8854 8342 8342 30648 30648 12000 12000 3632 3632 6216 6216 343 343 Other supported program 927607 927607 Provision for Annuities 111045 111045 Repairs and Maintenance 3500 3500 34670 31051 3619 1769583 1233738 532226 3619 184105 424963 191841 42871 53267 15038 38229 38229 50765123 53872840 18293594 13247030 356628 377450 69829520 68003383 64367 40210 96141 44967 52390794 49161287 1083803 1368778 53635105 50615242 X 8616658 8217530 7577757 9170611 16194415 17388141 69829520 68003383 X 2187838 -734888 -259224 X 0 1 X 0 0 X 1840039 754185 1774691 527371 2646458 7542744 1840039 754185 1774691 527371 2646458 7542744 1433054 6109690 380728 358565 377163 609109 737946 2463511 124073 172187 308 296568 10302823 803014 0.59300 0.50100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6 223 83132 922707 469050 4056466 816420 49161287 1 1 0 1 X 8065025 2483477 -22551 906096 9619855 7594543 467393 226130 223041 8065025 5996817 1517284 340691 260249 7594543 5167077 463295 503616 137171 5996817 3632314 1769457 -73344 161350 5167077 0.06600 0.79100 0.14300 0 0 32529 32529 20738 15038 5700 38229 Partnerships and Limited Liability Companies 6798183 F Hedge Funds 3974382 F Real Estate Partnership 2474465 F 13247030 Annuities Payable 1368778 1368778 X 2816892 -734888 -259224 -994112 3811004 146417 146417 3957421 1623166 0 1623166 146417 146417 1769583 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 20,822. Change in Annuities Valuation -280,046. Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, 0 0 Investments 5196535 Europe (Including Iceland & Greenland) - Albania, Andorra, Austria, Belgium 0 0 Investments 1763813 0 0 0 0 0 0 6960348 0 6960348 0 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 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 is not required to File Form 8865 as the transfers were under the reporting threshold. 1 Catholic Charities of the Archdiocese of Oklahoma City 1232 N Classen Blvd Oklahoma City OK 73106 730636561 501(c)(3) 6000 General operating expenses Corpus Christi Church 1616 N Kelley Ave Oklahoma City OK 731171007 730642604 501(c)(3) 6525 General operating expenses Holy Angels Church 317 N Blackwelder Ave Oklahoma City OK 731065213 201568622 501(c)(3) 7500 General operating expenses Holy Name of Jesus Church PO BOX 748 Chickasha OK 730230748 730659487 501(c)(3) 5625 General operating expenses Holy Trinity Catholic Church PO BOX 185 Okarche OK 737620185 730648448 501(c)(3) 10464 General operating expenses Saint Catherine of Siena Church 205 W Bert St Pauls Valley OK 730751440 731382244 501(c)(3) 5130 General operating expenses Saint Eugene Church 704 N Bryan St Weatherford OK 730963808 731006728 501(c)(3) 8604 General operating expenses Saint Francis of Assisi PO BOX 11 Newkirk OK 746470011 730632924 501(c)(3) 5800 General operating expenses Saint James the Greater Church 4201 S McKinley Ave Oklahoma City OK 731093120 730685462 501(c)(3) 7835 General operating expenses Saint Peter the Apostle 1220 N Quinn St Guymon OK 73942 736170743 501(c)(3) 7200 General operating expenses Saint Joseph Church PO BOX 525 Tonkawa OK 746530525 208650826 501(c)(3) 5700 General operating expenses 11 0 College Scholarships 46 71000 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 Nancy Koons Executive Director until May 2020 86559 0 233 0 0 0 3613 0 10890 0 101295 0 0 0 Rebecca David Accountant 65075 0 0 0 0 0 3557 0 10286 0 78918 0 0 0 Schedule J, Part II and Form 990, Part VII, Line 5: Nancy Koons, Executive Director, and Rebecca David, Accountant, are 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. 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 XI, line 9: Life Insurance Cash Value Change 20,822. Change in Annuities Valuation -280,046.