2017-05-11T11:48:39-05:00 2016-06-30 450250958 EIDE BAILLY LLP 1545 ASSOCIATES DR STE 101 DUBUQUE IA 52002 990 2015-07-01 451740219 Catholic Foundation for the Archdiocese of Dubuque CATH 3192611031 1229 Mt Loretta Ave Dubuque IA 52003 Jeff Henderson President 3192611031 2017-05-11 1 Carmen Krantz P00031958 5635561790 2017-05-10 2015 2021-01-29 14:40:06Z Jeff Henderson 1229 Mt Loretta Ave Dubuque IA 52003 5826767 0 X www.ourcatholicfoundation.org X 2011 IA Encourage financial stewardship and generosity by providing an avenue for faith-based giving 9 9 0 10 0 0 3782751 5180783 129358 164639 345361 259620 0 0 4257470 5605042 320090 393136 0 0 0 0 0 0 0 195576 261157 515666 654293 3741804 4950749 24095724 32094636 7924806 11023625 16170918 21071011 X In Christ, The Catholic Foundation for the Archdiocese of Dubuque assists donors to provide for the long-term needs of the Archdiocese of Dubuque. As such, our mission statement is: Endow Lasting Transformation. 0 0 404346 393136 164639 The Catholic Foundation for the Archdiocese of Dubuque was established in 2011 as an independent non-profit organization founded to encourage financial stewardship and generosity by providing an avenue for faith-based giving. The Foundation exists to assist individuals and organizations that wish to provide a lasting financial support to Catholic religious, educational, and charitable organizations that serve the people of the Archdiocese of Dubuque. In Christ, The Catholic Foundation for the Archdiocese of Dubuque assists donors in creating a meaningful and lasting impact through planned giving and charitable fund management to provide for the long-term needs of the Archdiocese of Dubuque.The Foundation offers several options for individuals, corporations and other fundraising entities that wish to assist the Foundation in its mission to financially support parishes, schools and other charitable organizations of the Archdiocese and/or the universal Catholic Church. 404346 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 X 9 9 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X Jeff Henderson 3192611031 1229 Mt Loretta Ave Dubuque IA 52003 X Paul Sigwarth Chairperson 0.50 X X 0 0 0 Anne Cunningham Secretary 0.50 X X 0 0 0 Matthew Berry Director 0.50 X 0 0 0 Barb Potts Director 0.50 X 0 0 0 Most Rev Michael Jackels Director 1.00 X 0 0 0 Steve Duggan Director 0.50 X 0 0 0 Ken Keune Director 0.50 X 0 0 0 Michelle Brock Director 0.50 X 0 0 0 Richard Nelson Director 0.50 X 0 0 0 Richard Runde Treasurer (non-voting) 10.00 X 0 0 0 Jeff Henderson President 20.00 X 0 0 0 0 0 0 0 0 0 0 0 5180783 5180783 Administration Fees 561000 164639 164639 164639 481345 481345 221725 -221725 -221725 -221725 5605042 164639 0 259620 393136 393136 100000 100000 6130 6130 138263 138263 1218 1218 5554 5554 1817 1817 293 293 758 758 5037 5037 587 587 1400 1400 100 100 654293 404346 249947 0 442336 264997 1036 43786 2936 1950 1573 986 23650779 29284867 2000000 0 500000 24095724 32094636 4804 1686 7584901 10693378 335101 328561 7924806 11023625 X 15965859 20847734 205059 223277 16170918 21071011 24095724 32094636 X 4950749 -73995 -1722 25061 X 0 1 X 1 0 X 110000 6565733 5032843 3782751 5180783 20672110 100000 123880 187152 129358 164639 705029 210000 6689613 5219995 3912109 5345422 21377139 0 0 0 21377139 210 45576 225853 360622 481345 1113606 210 45576 225853 360622 481345 1113606 210210 6735189 5445848 4272731 5826767 22490745 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 2936 1950 986 986 Annuity/life insurance 2000000 F 2000000 X 189109 -3682 -3682 192791 5412251 5412251 5605042 127980 0 127980 526313 526313 654293 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 is organized as an Iowa non-profit corporation and has been recognized by the Internal Revenue Service as exempt from federal income taxes under Section 501(a) of the Internal Revenue Code as an organization described in Section 501(c)(3). The Foundation is annually required to file a Return of Organization Exempt from Income tax (Form 990) with the IRS. In addition, the Foundation is subject to income tax on net income that is derived from business activities that are unrelated to its exempt purposes. The Foundation has determined it is not subject to unrelated business income tax and has not filed an Exempt Organization Business Income Tax Return (Form 990-T) with the IRS. 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. For tax purposes, the activity (i.e., contributions and grants) of agency endowments that are subject to variance power will be reflected as changes in net assets on the Form 990. Part XI, Line 4b - Other Adjustments: Designated funds recorded in revenue as contributions on Form 990 5,158,022. Interest income on designated funds recorded as revenue on Form 990 475,954. Realized loss on designated funds recorded as revenue on Form 990 -221,725. Part XII, Line 4b - Other Adjustments: Designated endowment expenses recorded in functional expenses on Form 990 133,177. Grants recorded in functional expenses on Form 990 393,136. 1 Archdiocese of Dubuque Seminarian Education 1229 Mt Loretta Ave Dubuque IA 52003 420680409 501(c)(3) 198993 Education Blessed Sacrament Church 650 Stephen Ave Waterloo IA 50701 420681065 501(c)(3) 39867 Living Legacy Holy Spirit Church 2215 Windsor Ave Dubuque IA 52001 420738963 501(c)(3) 7180 Education St Patrick Church 705 Main St Cedar Falls IA 50613 420703284 501(c)(3) 20935 Education St Jude Church 370 Edgewood Rd NW Cedar Rapids IA 52405 420866468 501(c)(3) 7276 Legacy Society Endowment Fund St Thomas Aquinas Church 2210 Lincoln Way Ames IA 50014 420698050 501(c)(3) 12891 Fr. Hemann Endowment Fund St Patrick Catholic Church 109 2nd St SW Waukon IA 52172 420698115 501(c)(3) 5549 Education Holy Family Cemetery 313 W Court St New Hampton IA 50659 371572644 501(c)(3) 7180 Perpetual Care Fund St Anthony Church 1870 St Ambrose St Dubuque IA 52001 420680265 501(c)(3) 9700 Educational endowment fund Aquin Catholic Elementary School 608 3rd Ave NW Cascade IA 52033 420859383 501(c)(3) 12151 School tuition assistance Cathedral of St Raphael 231 Bluff St Dubuque IA 52001 420703275 501(c)(3) 11066 Music endowment fund 11 0 Part I, Line 2: 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. 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 and Rick Runde have a business relationship. Form 990, Part VI, Section A, line 3 The Archdiocese of Dubuque provides management and financial oversight for the Catholic Foundation for the Archdiocese of Dubuque. The Foundation paid the Archdiocese of Dubuque $100,000 for management services and various other services. The fees for the services are not separated. Jeff Henderson, President, is compensated by the Archdiocese of Dubuque for services to Catholic Foundation for the Archdiocese of Dubuque and other organizations. Form 990, Part VI, Section B, line 11 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 15 The President of the organization is compensated by the Archdiocese of Dubuque, an unrelated, tax exempt organization. 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 XI, line 9: Prior year 4th quarter fees 25,061.