2019-03-11T18:42:30-05:00 2018-06-30 390758449 WIPFLI LLP PO BOX 1699 HELENA MT 59624 990 2017-07-01 810449307 THE FOUNDATION FOR THE DIOCESE OF HELENA INC FOUN 4063897051 PO BOX 1729 HELENA MT 59624 JEANNE SAARINEN EXECUTIVE DIRECTOR 4064425820 2019-03-01 1 MEGHAN BRONEC CPA P00399092 4064425520 2019-03-01 65.117.89.221 2019-03-01 15:04:29 MS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 A57BA7FB3ADEDC52E285D94F81FAD02ED95237A5 2017 2019-02-21 02:37:17Z X JEANNE SAARINEN PO BOX 1729 HELENA MT 59624 21270819 0 X FDOH.ORG X 1978 MT THE FOUNDATION'S MISSION IS TO SERVE AND STRENGTHEN THE PEOPLE, PARISHES, MINISTRIES AND APOSTOLIC MISSION OF THE ROMAN CATHOLIC DIOCESE OF HELENA (REFERRED TO AS "THE DIOCESE" IN THIS RETURN). 15 15 3 15 0 0 2217407 6164329 2000 628866 1603418 56874 1856 2903147 7771603 942841 2876385 0 107036 118972 0 20216 456198 319100 1506075 3314457 1397072 4457146 32374452 36336851 5419085 4245359 26955367 32091492 X THE FOUNDATION'S MISSION IS TO SERVE AND STRENGTHEN THE PEOPLE, PARISHES, MINISTRIES AND APOSTOLIC MISSION OF THE ROMAN CATHOLIC DIOCESE OF HELENA (REFERRED TO ALSO AS "THE DIOCESE" IN THIS RETURN). 0 0 26035 LEGENDARY LODGE: ON FEBRUARY 2, 2018, THE FUNDRAISING CAMPAIGN CONCLUDED AND THE DEBT PAID IN FULL ON THE FOUNDATION'S PURCHASE OF THE PROPERTY KNOWN AS LEGENDARY LODGE. THE FOUNDATION PURCHASED THE LEGENDARY LODGE PROPERTY FROM THE ROMAN CATHOLIC DIOCESE OF HELENA ON MARCH 17, 2015 IN AN ARMS-LENGTH TRANSACTION FOR THE APPRAISED VALUE OF $3,585,000. IN MARCH 2015, THE FOUNDATION SIGNED A 100 YEAR LEASE WITH THEM, DONATING THE EXCLUSIVE USE OF ALL BUILDINGS, LAND AND WATER RIGHTS OF THE LEGENDARY LODGE TO THE DIOCESE. 0 TRANSFER OF ROMAN CATHOLIC DIOCESE OF HELENA ENDOWMENTS: ON MARCH 22, 2018, THE FOUNDATION ACCEPTED OWNERSHIP FROM THE DIOCESE OF THEIR TEMPORARY ENDOWMENT FUNDS VALUED AT $2,153,536 AND PERMANENT ENDOWMENT FUNDS VALUED AT $2,151,455. THIS TRANSFER WAS A RESULT OF AN EXTENSIVE DUE DILIGENCE PROCESS AND APPROVAL FROM THE VATICAN, MONTANA ATTORNEY GENERAL, DIOCESAN PRESBYTERAL COUNCIL AND COLLEGE OF CONSULTORS, DIOCESAN FINANCE COUNCIL, AND THE FOUNDATION BOARD OF TRUSTEES. THE FOUNDATION GAVE PARISHES WITH TEMPORARY ENDOWMENT FUNDS OPTIONS ON HANDLING THEIR FUND: WITHDRAW, PERMANENTLY ENDOW, OR INVEST WITH THE FOUNDATION FOR ONE YEAR UNTIL A DECISION TO WITHDRAW OR PERMANENTLY ENDOW HAS BEEN MADE. OF THE TEMPORARY FUNDS, $1,748,969 WAS PAID OUT AND $404,567 WAS INVESTED IN A SHORT TERM ONE-YEAR CD WITH THE FOUNDATION WHILE THEY DECIDE. 3045848 2876385 GRANTS AND DISTRIBUTIONS: DISTRIBUTIONS MADE BY THE FOUNDATION OF ITS DONOR-DIRECTED TEMPORARY AND PERMANENT ENDOWMENT FUNDS TOTALED NEARLY $3 MILLION. THE FOUNDATION ALSO MADE GRANTS FROM ITS OWN UNRESTRICTED RESOURCES IN THE AMOUNT OF $60,000 TO HELP PROVIDE FUNDING FOR PARISHES OR PROGRAMS LACKING MONEY FOR SPECIFIC MINISTRIES OR PROJECTS. ADDITIONALLY, THE FOUNDATION BOARD DESIGNATED ITS OWN UNRESTRICTED RESOURCES DURING THE FISCAL YEAR AS FOLLOWS: $40,095 TO VARIOUS ENDOWMENT FUNDS WITHIN THE FOUNDATION. $15,040 TO THE DIOCESE AS AN UNRESTRICTED GRANT, AND $13,523 TOWARD THE PAYOFF OF THE LEGENDARY LODGE DEBT. 3856 MISCELLANEOUS INCOME. 3856 3071883 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 1 0 0 0 0 1 0 0 0 1 5 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 X JEANNE SAARINEN 4063897051 PO BOX 1729 HELENA MT 59624 PETE RIDGEWAY PRESIDENT 1.00 X X 0 0 0 DEACON DOUG CORDIER VICE PRESIDENT 1.00 X X 0 0 0 RON JOHNSON TREASURER 1.00 X X 0 0 0 HELEN MCCARTHY ESQ SECRETARY 1.00 X X 0 0 0 FR BRIAN BERGERON TRUSTEE 0.50 X 0 0 0 RON CHRISTIAENS TRUSTEE 0.50 X 0 0 0 RONA DAVISON CPA TRUSTEE 0.50 X 0 0 0 ERICA MATELICH TRUSTEE 0.50 X 0 0 0 JIM MCDONALD CPA TRUSTEE 0.50 X 0 0 0 MICHAEL MCKENNA TRUSTEE 0.50 X 0 0 0 FR TOM O'DONNELL TRUSTEE 0.50 X 0 0 0 JODI PERETTI TRUSTEE 0.50 X 0 0 0 JOHN TALIA CPA TRUSTEE 0.50 X 0 0 0 DR TOM WEINER TRUSTEE 0.50 X 0 0 0 JERRY CASHMAN IMMEDIATE PAST PRESIDENT 1.00 X 0 0 0 REV MSGR KEVIN O'NEILL EX OFFICIO 0.50 X 0 0 0 FR BART TOLLESON EX OFFICIO 0.50 X 0 0 0 JEANNE SAARINEN EXECUTIVE DIRECTOR 40.00 X 93673 0 0 93673 0 0 0 0 0 0 0 6164329 26742 6164329 MGT FEES - ANNUITY 523920 2000 2000 2000 685443 685443 14417191 13499216 917975 917975 917975 MISC 990009 1856 1856 1856 7771603 3856 0 1603418 2876385 2876385 91745 56573 30585 4587 17449 10767 5810 872 9778 6030 3259 489 11590 11590 109698 109698 68081 34482 33599 8500 4250 4250 4902 2682 1581 639 6000 3700 2000 300 2549 773 771 1005 2641 182 2277 182 33600 33600 42216 26035 14070 2111 9953 9644 309 SUPPLIES 9106 5616 3035 455 DONOR DEVELOPMENT 4249 4249 MISC 2795 2795 PRINTING 940 329 282 329 2280 835 697 748 3314457 3071883 222358 20216 754870 802923 854611 877410 78576 48179 643032 558133 3623506 169389 3496138 3454117 24564544 24285981 1288577 5464823 1020 1020 693084 844265 32374452 36336851 16470 5179 120749 159416 1335 5280531 4080764 5419085 4245359 X -936349 1768516 6497779 27891716 23825197 26955367 32091492 32374452 36336851 X 4457146 672624 113453 -107098 X X 0 1 X 1 0 X 975492 2355673 1447443 2217407 1804450 8800465 975492 2355673 1447443 2217407 1804450 8800465 408864 8391601 464786 493457 606027 628866 685443 2878579 11679044 1028115 0.71850 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: CONTRIBUTION OF ENDOWMENT FUND DATE: 03/31/18 AMOUNT: 4359879. PART II, SECTION B, LINE 10 OTHER INCOME INCLUDES: ANNUITY MGT FEES $ 2,000 26675770 3189914 4031669 3259482 314895 30322976 24049564 1370560 2815935 1276839 283450 26675770 0.79000 0.21000 0 0 1954250 1954250 1630750 132498 1498252 38506 36891 1615 3454117 BENEFICIAL INTEREST IN ANNUITIES HELD BY RELATED PARTY 294665 C BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUSTS 679543 C DONATED LIFE INSURANCE POLICIES CASH SURRENDER VALUE 112221 C TRINITY RESTORATION 4378394 C 5464823 IN KIND CONTRIBUTION PAYABLE TO RELATED PARTY 6546 GRANT & DISTRIBUTION PAYABLE, DUE TO RELATED PARTY 228788 CONTRIBUTION PAYABLE TO RELATED PARTY 3559486 ANNUITY OBLIGATION 285944 4080764 8523198 672624 113453 786077 7737121 34482 34482 7771603 3387073 107098 107098 3279975 34482 34482 3314457 PART V, LINE 4: THE FOUNDATION USES ENDOWMENT FUNDS TO PRIMARILY PROVIDE CHARITABLE GIFTS TO BENEFIT THE ROMAN CATHOLIC DIOCESE OF HELENA AND ITS PARISHES AND MINISTRIES. IN ADDITION, IT PROVIDES GRANTS TO PUBLIC CHARITIES WORKING WITH THE MINISTRIES, USUALLY FOR PROVIDING HOUSING, FOOD AND SHELTER. PART XI, LINE 4B - OTHER ADJUSTMENTS: DECREASE IN VALUE OF SPLIT INTEREST AGREEMENTS PART XII, LINE 4B - OTHER ADJUSTMENTS: DECREASE IN VALUE OF SPLIT INTEREST AGREEMENTS 1 ROMAN CATHOLIC DIOCESE OF HELENA PO BOX 1729 HELENA MT 59624 810231797 501(C)(3) 5000 FUNDING TO ASSIST CLINICA MAXENA FOR PROVIDING MEDICAL CARE ROMAN CATHOLIC DIOCESE OF HELENA PO BOX 1729 HELENA MT 59624 810231797 501(C)(3) 15040 UNRESTRICTED DONATION TO THE MINISTRY 1 0 PART I, LINE 2: THE FOUNDATION'S PROGRAMS ARE PRIMARILY LIMITED TO PROVIDING CHARITABLE GRANTS TO BENEFIT THE DIOCESE OF HELENA AND ITS PARISHES AND MINISTRIES. IN ASSOCIATION WITH THIS PURPOSE,THE FOUNDATION FROM TIME TO TIME PROVIDES GRANTS TO PUBLIC CHARITIES WORKING WITH THE MINISTRIES; USUALLY TO PROVIDE HOUSING, FOOD OR SHELTER. IN SUCH SITUATIONS, THE FOUNDATION WILL REQUEST PROPOSALS DETAILING THE USE OF FUNDS TO BE GRANTED AND WILL REQUIRE PERIODIC WRITTEN REPORTS CONCERNING THE USE OF GRANT FUNDS AND AN ACCOUNTING OF HOW GRANT FUNDS WERE USED. THIS WILL ALL BE SUBJECT TO THE PROCEDURES AND POLICIES OF THE BOARD. ROMAN CATHOLIC DIOCESE OF HELENA INFLUENTIAL PARTY OPERATING CASH X 555958 0 1 1 ROMAN CATHOLIC DIOCESE OF HELENA INFLUENTIAL PARTY RECEIVABLE X 2175 0 0 0 558133 PAUL MALOY FORMER BOARD OFFICER 27744 MR. MALOY IS EMPLOYED BY THE INVESTMENT GROUP, LLC WHICH PROVIDES INVESTMENT MANAGEMENT SERVICES TO THE FOUNDATION. AMOUNT DISCLOSED IS TOTAL PAID TO THE INVESTMENT GROUP, LLC AND NOT TO MR. MALOY PERSONALLY. 0 X 6 1371723 SALES PRICE X PREFERRED INVESTMENT TRINITY RESTORATION 1 2744265 COST X BOND-MT FAC FIN AUTHORITY SISTERS LEAVENWORTH-SER A 4.75% 1 5172 COST 0 0 1 PART I, LINE 32B: THE FOUNDATION USES A BROKERAGE FIRM TO SELL NON CASH STOCK DONATIONS. FORM 990, PART VI, SECTION A, LINE 4 THIS IS THE FIRST YEAR FOR THIS ORGANIZATION'S FORM 990. ARTICLES OF INCORPORATION HAVE BEEN UPDATED. THE ORGANIZATION ALSO HAS A SEPARATE 501(C)(3) STATUS FROM THE IRS RATHER THAN FALLING UNDER THE GROUP RULING FOR ALL CATHOLIC ENTITIES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED IN DETAIL AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE FOUNDATION BOARD. PER FOUNDATION BYLAWS, THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT ON BEHALF OF THE FULL BOARD BETWEEN BOARD MEETINGS. ONCE REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE, THE 990 WILL BE DISTRIBUTED TO THE FULL BOARD FOR REVIEW BEFORE IT IS FILED. ONCE APPROVED BY THE EXECUTIVE COMMITTEE AND DISTRIBUTED TO THE FULL BOARD, THE FOUNDATION EXECUTIVE DIRECTOR WILL SIGN THE 990 FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C YES, EACH YEAR EVERYONE IS REQUIRED TO SIGN THE CONFLICT OF INTEREST FORM. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR HAS A PERFORMANCE REVIEW BY THE EXECUTIVE COMMITTEE, AND DATA/SUPPORT FROM THE ASSOCIATED EMPLOYERS IS AVAILABLE IN THE PROCESS. THE FOUNDATION STAFF HAS AN ANNUAL PERFORMANCE REVIEW BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE POSTED ON THE ORGANIZATION WEBSITE. OTHER DOCUMENTS ARE RETAINED IN A FIRE-PROOF FILING CABINET AT THE FOUNDATION AND ARE AVAILABLE TO REVIEW UPON REQUEST. FORM 990, PART XI, LINE 9: IN-KIND CONTRIBUTION OF USE OF FACILITIES -107,098. FORM 990, PART XII, LINE 2C: THE FINANCIAL STATEMENTS ARE REVIEWED IN DETAIL BY A COMMITTEE OF THE BOARD, AND THE FULL BOARD REVIEWS AND APPROVES THE AUDITED FINANCIAL STATEMENTS ANNUALLY. ROMAN CATHOLIC DIOCESE OF HELENA PO BOX 1729 HELENA MT 59624 810231797 RELIGIOUS MT 501(C)(3) LINE 1 0 0 1 1 1 1 0 0 1 0 1 0 1 1 1 0 0 0 0 0 ROMAN CATHOLIC DIOCESE OF HELENA D 85413 COST ROMAN CATHOLIC DIOCESE OF HELENA K 6000 COST ROMAN CATHOLIC DIOCESE OF HELENA B 113453 COST ROMAN CATHOLIC DIOCESE OF HELENA E 1318152 COST