2019-05-13T14:16:47-05:00 2018-06-30 420714325 RSM US LLP 30 SOUTH 17TH STREET SUITE 710 PHILADELPHIA PA 19103 990 2017-07-01 455064611 FAITH IN THE FUTURE FOUNDATION FAIT 6104914470 222 N 17TH STREET 7TH FLOOR PHILADELPHIA PA 19103 H EDWARD HANWAY CHIEF EXECUTIVE OFFICER 6104914470 2019-04-16 1 LYNNE JOHNSON P00757336 2157654600 X 68.81.135.68 2019-04-16 20:34:04 ED P B004826FD69B224E7044EFB759AF5CFDB4B25BFA 9727B63C825E9C2B1357DAF1EA2AE985339B5D65 2017 2019-02-21 02:37:17Z IRENE H HANNAN 222 N 17TH STREET 7TH FLOOR PHILADELPHIA PA 19103 5233970 0 X WWW.FAITHINTHEFUTURE.COM X 2012 PA SEE SCHEDULE O 26 26 7 26 0 4000 4917422 5215065 0 0 2575 1987 26762 16918 4946759 5233970 1824187 2785045 0 0 920373 827681 0 0 405625 989248 666961 3733808 4279687 1212951 954283 8828753 9608659 315481 141104 8513272 9467555 X SEE SCHEDULE O 0 0 2124980 2096475 ENROLLMENT: THE PURPOSE OF ENROLLMENT PROGRAM IS TO STABILIZE AND GROW STUDENTS' ENROLLMENT FOR THE SCHOOLS. STRATEGIC MARKETING AND PROMOTIONAL PROGRAM LEADERSHIP FOR THE SCHOOLS IS CORE TO ESTABLISHING AND GROWING FIF'S IDENTITY IN THE MARKETPLACE. IN TANDEM WITH TARGETED DIGITAL PROMOTION, MEDIA OUTREACH AND SPECIAL EVENTS, AN INNOVATIVE, SYSTEMATIC PROGRAM IS DEDICATED TO DRIVING ENROLLMENT AND INCREASING RETENTION IN ALL HIGH SCHOOLS ACROSS THE PHILADELPHIA ARCHDIOCESAN SYSTEM. 689857 361166 ADVANCEMENT: THE PURPOSE OF ADVANCEMENT PROGRAM IS TO ENHANCE EACH SCHOOL'S CAPACITY TO GENERATE TUITION ASSISTANCE AND TO FINANCE NEW CAPITAL PROJECTS. ADVANCEMENT PROGRAM ACTIVITIES INCLUDE PROFESSIONALIZING THE ADVANCEMENT OFFICE AT EACH SCHOOL BY BUILDING A UNIVERSITY-STYLE DEVELOPMENT PROGRAM, ASSESSING THE INTEGRITY OF THE SCHOOL'S CONSTITUENT MANAGEMENT SYSTEM, INCLUDING THE DATA SEGMENTATION THAT INCLUDES ALUMNI, PARENTS, FRIENDS, AND BOARD AND EXPANDING THOSE CONSTITUENTS FOR FRIENDS AND FUNDRAISING AND ASSESSING THE INVESTMENT AND EXPERTISE OF THE SCHOOL'S KEY STAKEHOLDERS AS THEY RELATE TO FUNDRAISING ACTIVITIES AND GIVING. 154374 4980 TECHNOLOGY: THE PURPOSE OF TECHNOLOGY PROGRAM IS TO PROVIDE THE STRATEGIC VISION AND OPERATIONAL EXPERTISE TO REVITALIZE THE VALUE OF THE EDUCATION PROVIDED BY THE ARCHDIOCESE'S SCHOOLS AND THEIR OPERATIONS. A COMPREHENSIVE APPROACH TO TECHNOLOGY GOVERNANCE IS BEING USED TO RESHAPE THE ORGANIZATIONAL CULTURE AS FIF PLANS THE FUTURE ENVIRONMENT FOR DIGITAL LEARNERS. THIS TRANSPARENT, COLLABORATIVE PROCESS WILL DRAW THE NEW INFORMATION TECHNOLOGY ROADMAP, IMPROVING STUDENT ACHIEVEMENT AND THE EFFICIENCY AND EFFECTIVENESS OF OPERATIONS. 206409 24104 LEADERSHIP AND PEOPLE DEVELOPMENT: THE PURPOSE OF LEADERSHIP AND PEOPLE DEVELOPMENT PROGRAM IS TO RECRUIT, DEVELOP, AND RETAIN THE HIGHEST QUALITY SCHOOL LEADERS AND INSTRUCTIONAL STAFF. THE PROGRAM ACTIVITIES INCLUDE DEVELOPING NEW LEADERSHIP TRAINING, CAREER PATHWAYS AND STAFFING MODELS, AND CREATING PROFESSIONAL DEVELOPMENT PROGRAMS THAT ENGENDER THE MINDSET OF GROWTH AND INNOVATION. 385320 298320 EDUCATIONAL AND ARTISTIC: THE PURPOSE OF EDUCATIONAL AND ARTISTIC PROGRAM IS TO ENHANCE EDUCATIONAL AND ARTISTIC PROGRAMS AND INVEST NEW FUNDS TO COMPETE IN ALL MARKET SEGMENTS AND BETTER MEET THE STUDENTS' NEEDS. THE PROGRAM ACTIVITIES INCLUDE REVISING PROGRAMMATIC OFFERINGS TO MATCH INDIVIDUAL SCHOOL STRENGTHS WITH LOCAL MARKET OPPORTUNITIES, INVESTING IN NEW INSTRUCTIONAL RESOURCES TO REMEDIATE UNDER-SERVED STUDENTS, AND INVESTING IN BLENDED LEARNING AND OTHER TECHNOLOGY-ENABLED INNOVATIONS TO ACCELERATE STUDENT ACHIEVEMENT. 591729 322424 3560940 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 7 0 1 7 1 1 1 0 0 0 0 0 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X X IRENE H HANNAN 4843702985 222 N 17TH STREET 7TH FLOOR PHILADELPHIA PA 19103 H EDWARD HANWAY CHAIRMAN/PRESIDENT/INTERIM CEO (AS OF 10/7/17) 1.00 X X 0 0 0 MOST REV MICHAEL J FITZGERALD BOARD MEMBER 1.00 X 0 0 0 JOANNE ROMANO GUINIVEN BOARD MEMBER 1.00 X 0 0 0 PAUL LIMA BOARD MEMBER 1.00 X 0 0 0 JERRY MAGINNIS BOARD MEMBER 1.00 X 0 0 0 FRANCIS VAN KIRK BOARD MEMBER 1.00 X 0 0 0 KEVIN PATRICK BOARD MEMBER 1.00 X 0 0 0 MICHAEL MAHONEY BOARD MEMBER 1.00 X 0 0 0 STANLEY SILVERMAN BOARD MEMBER 1.00 X 0 0 0 DONNA DECAROLIS BOARD MEMBER 1.00 X 0 0 0 DOMINIC FREDERICO BOARD MEMBER 1.00 X 0 0 0 JERRY SHERIDAN BOARD MEMBER 1.00 X 0 0 0 SR CARROLL ISSELMANN BOARD MEMBER 1.00 X 0 0 0 BRUCE ROBINSON BOARD MEMBER 1.00 X 0 0 0 DAN KEATING III BOARD MEMBER 1.00 X 0 0 0 JAMES O'BRIEN BOARD MEMBER 1.00 X 0 0 0 THOMAS GALLAGHER BOARD MEMBER 1.00 X 0 0 0 ROBERT CIARUFFOLI BOARD MEMBER 1.00 X 0 0 0 REV MICHAEL PAUL KENNEDY BOARD MEMBER 1.00 X 0 0 0 JUDY SPIRES BOARD MEMBER 1.00 X 0 0 0 JOSEPH DIANGELO JR BOARD MEMBER 1.00 X 0 0 0 DANIEL WAGNER BOARD MEMBER 1.00 X 0 0 0 KEVIN DOWD BOARD MEMBER 1.00 X 0 0 0 ROBERT CAHILL BOARD MEMBER 1.00 X 0 0 0 HAROLD EARLEY BOARD MEMBER 1.00 X 0 0 0 JAMES MEEHAN BOARD MEMBER 1.00 X 0 0 0 SAMUEL CASEY CARTER CHIEF EXECUTIVE OFF.(THRU 10/6/17) 40.00 X 379511 0 20169 JAMES FRIEND CHIEF DEVELOPMENT OFF.(THRU 5/19/18) 40.00 X 197770 0 27630 577281 0 47799 2 0 1 0 ERNST & YOUNG PO BOX 640382 PITTSBURGH PA 15264 CONSULTING 256116 1 5215065 198047 5215065 1987 1987 MISCELLANEOUS 900099 16918 16918 16918 5233970 0 0 18905 2785045 2785045 482442 313587 13968 154887 242794 62989 34063 145742 63594 33021 4212 26361 38851 20173 2573 16105 6135 6135 63660 63660 261808 113078 137531 11199 1545 1545 44329 6875 14702 22752 34486 20691 3449 10346 14941 1822 6836 6283 9524 3455 51 6018 28943 25013 3930 13439 13439 LEADERSHIP DEVELOPMENT 107374 107374 SOFTWARE LICENSES 65692 65692 MISCELLANEOUS 8515 5416 3099 EQUIP RENTAL AND MAINTE 3542 2125 354 1063 3028 2803 225 4279687 3560940 313122 405625 978885 1014695 7584421 8384370 61097 33748 8649 4514 7626 4135 196724 171711 8828753 9608659 266063 134604 6000 43418 6500 315481 141104 X 326358 504266 8186914 8963289 8513272 9467555 8828753 9608659 954283 0 X 0 1 X 1 0 X 6386279 4007469 6475342 4917422 5215065 27001577 6386279 4007469 6475342 4917422 5215065 27001577 13383758 13617819 1506 2235 4729 2575 1987 13032 19000 56820 26762 16918 119500 27134109 0.50190 0.52760 X 8649 4514 4135 4135 GUARANTEE LIABILITY 6500 6500 X 5233970 0 5233970 0 5233970 4279687 0 4279687 0 4279687 PART X, LINE 2: THE ORGANIZATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE ORGANIZATION QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED JUNE 30,2018 OR 2017. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THE ORGANIZATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL TAX AUTHORITIES BEFORE 2015. 1 ARCHDIOCESE OF PHILADELPHIA OFFICE OF CATHOLIC EDUCATION HIGH SCHOOLS 222 NORTH 17TH STREET PHILADELPHIA PA 19103 231355131 501(C)(3) 53029 SUPPORT NEW TEACHER PROJECT FOR THE SS. NEUMANN AND GORETTI HIGH SCHOOL ARCHDIOCESE OF PHILADELPHIA OFFICE OF CATHOLIC EDUCATION HIGH SCHOOLS 222 NORTH 17TH STREET PHILADELPHIA PA 19103 231355131 501(C)(3) 222813 SUPPORT ARCHDIOCESE OF PHILADELPHIA SPECIAL EDUCATION SCHOOLS ARCHDIOCESE OF PHILADELPHIA OFFICE OF CATHOLIC EDUCATION HIGH SCHOOLS 222 NORTH 17TH STREET PHILADELPHIA PA 19103 231355131 501(C)(3) 268328 PAYMENT MADE FOR A&A TO SUPPORT KEY AREAS (TECHNOLOGY, ENROLLMENT GROWTH, MARKETING AND ACADEMIC PERFORMANCE) ARCHDIOCESE OF PHILADELPHIA OFFICE OF CATHOLIC EDUCATION HIGH SCHOOLS 222 NORTH 17TH STREET PHILADELPHIA PA 19103 231355131 501(C)(3) 2096475 SCHOLARSHIP FUNDING AT 17 ARCHDIOCESE OF PHILADELPHIA HIGH SCHOOLS ARCHDIOCESE OF PHILADELPHIA OFFICE OF CATHOLIC EDUCATION HIGH SCHOOLS 222 NORTH 17TH STREET PHILADELPHIA PA 19103 231355131 501(C)(3) 100000 SUPPORT GYM RENOVATION FOR WEST CATHOLIC PREP ARCHDIOCESE OF PHILADELPHIA OFFICE OF CATHOLIC EDUCATION HIGH SCHOOLS 222 NORTH 17TH STREET PHILADELPHIA PA 19103 231355131 501(C)(3) 10000 SUPPORT TUITION ASSISTANCE FOR ST. LUCY'S SCHOOL ARCHDIOCESE OF PHILADELPHIA OFFICE OF CATHOLIC EDUCATION HIGH SCHOOLS 222 NORTH 17TH STREET PHILADELPHIA PA 19103 231355131 501(C)(3) 25000 SUPPORT MUSICAL THERAPY FOR SPECIAL EDUCATION SCHOOLS ARCHDIOCESE OF PHILADELPHIA OFFICE OF CATHOLIC EDUCATION HIGH SCHOOLS 222 NORTH 17TH STREET PHILADELPHIA PA 19103 231355131 501(C)(3) 5155 SUPPORT SPECIAL EDUCATION FOR ST. LUCY'S SCHOOL 8 PART I, LINE 2: ALL GRANT FUNDS DISTRIBUTED BY THE ORGANIZATION ARE SCHOLARSHIPS AND PROGRAMS THAT AFFECT STUDENTS. ALL SCHOLARSHIPS AWARDED HAVE AWARD CRITERIA THAT ARE MONITORED QUARTERLY. 1 X 1 0 0 0 0 0 0 0 0 SAMUEL CASEY CARTER CHIEF EXECUTIVE OFF.(THRU 10/6/17) 275819 0 25000 0 78692 0 0 0 20169 0 399680 0 0 0 JAMES FRIEND CHIEF DEVELOPMENT OFF.(THRU 5/19/18) 175419 0 22351 0 0 0 0 0 27630 0 225400 0 0 0 PART I, LINE 4A SAMUEL CASEY CARTER RECEIVED A SEVERANCE PAYMENT FROM FAITH IN THE FUTURE IN ACCORDANCE WITH THE TERMS AND CONDITIONS OF A CONFIDENTIAL SEPARATION AGREEMENT. THE SEVERANCE WAS BASED ON LENGTH OF SERVICE AND RESPONSIBILITIES. ADDITIONAL DETAILS OF THE AGREEMENT WILL BE PROVIDED TO THE IRS UPON REQUEST. X 1 198047 FMV 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS FOR NON-CASH GIFTS ARE BASED ON THE NUMBER OF CONTRIBUTORS. FORM 990, PART I, LINE 1 FAITH IN THE FUTURE FOUNDATION ("FIF"), A NONPROFIT PENNSYLVANIA CORPORATION, WILL ENGAGE IN ACTIVITIES SOLELY AND EXCLUSIVELY TO SUPPORT, ENHANCE AND SUSTAIN ROMAN CATHOLIC EDUCATION IN SCHOOLS OWNED AND OPERATED BY THE ARCHDIOCESE OF PHILADELPHIA (ARCHDIOCESE), SCHOOLS OF SPECIAL EDUCATION OWNED, OPERATED OR AFFILIATED WITH THE ARCHDIOCESE, AND/OR SCHOOLS OWNED AND OPERATED BY THE ROMAN CATHOLIC PARISHES LOCATED WITHIN THE GEOGRAPHIC CONFINES OF THE ARCHDIOCESE, INCLUDING PARISH REGIONAL SCHOOLS. FIF WILL ENGAGE IN A VARIETY OF DIRECT ACTIVITIES & PROGRAMS TO SUPPORT AND BENEFIT THE SCHOOLS IN SUCH EDUCATION AREAS AS: CURRICULUM PROGRAM PLANNING AND DELIVERY; TEACHER RECRUITMENT, TRAINING AND CLASSROOM EFFECTIVENESS; ADMINISTRATION AND FINANCIAL MANAGEMENT; FUNDRAISING; SCHOLARSHIPS; SPECIAL NEEDS STUDENTS; SECONDARY PROGRAMMING, ELEMENTARY AND SECONDARY PROGRAM INTEGRATION; INSTRUCTIONAL EQUIPMENT; SCHOOL FACILITIES IMPROVEMENT; SPECIAL EDUCATION PROGRAMS, AND PROVIDING FUNDS FOR OPERATING DEFICITS INCURRED BY THE SECONDARY SCHOOLS. FORM 990, PART III, LINE 1: FAITH IN THE FUTURE FOUNDATION ("FIF"), A NONPROFIT PENNSYLVANIA CORPORATION, WILL ENGAGE IN ACTIVITIES SOLELY AND EXCLUSIVELY TO SUPPORT, ENHANCE AND SUSTAIN ROMAN CATHOLIC EDUCATION IN SCHOOLS OWNED AND OPERATED BY THE ARCHDIOCESE OF PHILADELPHIA (ARCHDIOCESE), SCHOOLS OF SPECIAL EDUCATION OWNED, OPERATED OR AFFILIATED WITH THE ARCHDIOCESE, AND/OR SCHOOLS OWNED AND OPERATED BY THE ROMAN CATHOLIC PARISHES LOCATED WITHIN THE GEOGRAPHIC CONFINES OF THE ARCHDIOCESE, INCLUDING PARISH REGIONAL SCHOOLS. FIF WILL ENGAGE IN A VARIETY OF DIRECT ACTIVITIES & PROGRAMS TO SUPPORT AND BENEFIT THE SCHOOLS IN SUCH EDUCATION AREAS AS: CURRICULUM PROGRAM PLANNING AND DELIVERY; TEACHER RECRUITMENT, TRAINING AND CLASSROOM EFFECTIVENESS; ADMINISTRATION AND FINANCIAL MANAGEMENT; FUNDRAISING; SCHOLARSHIPS; SPECIAL NEEDS STUDENTS; SECONDARY PROGRAMMING, ELEMENTARY AND SECONDARY PROGRAM INTEGRATION; INSTRUCTIONAL EQUIPMENT; SCHOOL FACILITIES IMPROVEMENT; SPECIAL EDUCATION PROGRAMS, AND PROVIDING FUNDS FOR OPERATING DEFICITS INCURRED BY THE SECONDARY SCHOOLS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATIONS FORM 990 IS MADE AVAILABLE TO THE ENTIRE FINANCE COMMITTEE PRIOR TO FILING. AT THAT TIME, ALL FINANCE COMMITTEE MEMBERS HAVE AN OPPORTUNITY TO COMMENT AND ASK QUESTIONS. UPON APPROVAL OF THE FORM 990, IT IS FORWARDED TO THE TREASURER FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, THE BOARD IS REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY AT THE ORGANIZATION'S BOARD MEETING AND DISCLOSURE ANY CONFLICTS THAT MAY EXIST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS DETERMINED THROUGH THE USE OF NON-PROFIT SURVEYS AND COMPENSATION INFORMATION OF SIMILARLY SIZED ORGANIZATIONS. ALL COMPENSATION IS MADE AVAILABLE TO THE BOARD FOR INPUT AND THEN FINALIZED BY THE CHAIRMAN OF THE BOARD. THE COMPENSATION IS SUBSEQUENTLY APPROVED BY THE ENTIRE BOARD AS PART OF THE ANNUAL BUDGET APPROVAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). THE ORGANIZATION'S FORM 990 WITHOUT SCHEDULE B IS AVAILABLE VIA GUIDESTAR.