2017-05-05T15:09:33-05:00 2016-06-30 721396621 CARR RIGGS & INGRAM LLC 4360 CHAMBLEE DUNWOODY RD STE 420 ATLANTA GA 30341 990 2015-07-01 582008930 THE CATHOLIC FOUNDATION OF N GA INC CATH 4044979440 5871 GLENRIDGE DR NO 300 ATLANTA GA 30328 NANCY COVENY EXECUTIVE DIRECTOR 4044979440 2017-05-05 1 GARY H BOTELER P00052048 7704576606 2017-05-05 2015 2021-01-29 14:40:06Z X NANCY COVENY 5871 GLENRIDGE DR NO 300 ATLANTA GA 30328 13683738 0 0928 X WWW.CFNGA.ORG X 1992 GA THE CATHOLIC FOUNDATION OF NORTH GEORGIA HELPS CATHOLICS MAKE A LASTING DIFFERENCE IN THE COMMUNITY. WE ATTRACT, PROFESSIONALLY MANAGE AND INVEST GIFTS TO SUPPORT THE CURRENT AND LONG TERM FINANCIAL NEEDS OF PARISHES, SCHOOLS, CHARITIES, AND OTHER MINISTRIES. 24 20 7 38 0 0 6347978 2090928 48724 59024 2911419 549399 0 0 9308121 2699351 1346434 1186624 0 0 351642 423065 0 0 121643 184962 232483 1883038 1842172 7425083 857179 53533107 52830052 7330615 8266314 46202492 44563738 X THE CATHOLIC FOUNDATION OF NORTH GEORGIA HELPS CATHOLICS MAKE A LASTING DIFFERENCE IN THE COMMUNITY. WE ATTRACT, PROFESSIONALLY MANAGE AND INVEST GIFTS TO SUPPORT THE CURRENT AND LONG TERM FINANCIAL NEEDS OF PARISHES, SCHOOLS, CHARITIES, AND OTHER MINISTRIES. 0 0 1366046 1186624 0 PROVIDE GRANTS TO SUPPORT THE WORK OF THE CHURCHES,SCHOOLS, MINISTRIES, AND NONPROFITS IN THE GEOGRAPHIC AREA OF THE ARCHDIOCESE OF ATLANTA THROUGH OUR COMPETITIVE GRANTS PROGRAMS, DONOR ADVISED FUND GRANTS AND THROUGH ENDOWMENT DISTRIBUTION GRANTS. 75892 0 0 PROVIDE PLANNED GIVING AND ENDOWMENT BUILDING SERVICES,INCLUDING EDUCATION, MAILINGS, TRAINING, PUBLIC SPEAKING TO PARISH AND SCHOOL GROUPS, AND ONE-ON-ONE MEETINGS WITH PARISHIONERS. 75892 0 59024 RECEIVE AND MANAGE ENDOWMENT AND CUSTODIAN FUNDS. THE FOUNDATION PROVIDES DONORS THE OPPORTUNITY TO ESTABLISH ENDOWMENT FUNDS THAT ARE ADMINISTERED AND MANAGED BY THE FOUNDATION. THE FOUNDATION SERVES AS THE CUSTODIAN OF INVESTMENT FUNDS FOR OTHER CATHOLIC NONPROFIT ORGANIZATIONS. FOR BOTH ENDOWMENT AND CUSTODIAN FUNDS, THE FOUNDATION UTILIZES PROFESSIONAL INVESTMENT MANAGERS AND OFFERS DIFFERENT INVESTMENT STRATEGIES. MISCELLANEOUS OTHER PROGRAM SERVICES. 1517830 1 1 0 0 0 1 0 0 1 1 1 0 0 0 1 0 1 1 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 1 0 0 0 1 21 0 1 7 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 24 20 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 GA X X BETH BELDEN 4044979440 5871 GLENRIDGE DR SUITE 300 ATLANTA GA 30328 MARK CHRISTOPHER CHAIR 1.00 0.00 X X 0 0 0 DAVID G DAHM VICE CHAIR & TREASURER 1.00 0.00 X X 0 0 0 JOHN MONROE DEPUTY TREARURER 1.00 0.00 X X 0 0 0 ALAN S NEELY SECRETARY 1.00 0.00 X X 0 0 0 ARCHBISHOP WILTON D GREGORY DIRECTOR 0.30 40.00 X 0 35794 49088 DAVID SPOTANSKI DIRECTOR 0.30 40.00 X 0 171642 22730 MSGR DAN STACK DIRECTOR 0.30 40.00 X 0 39204 37378 CATHERINE PERRY DIRECTOR 0.30 0.00 X 0 0 0 CLARENCE H SMITH DIRECTOR 0.30 0.00 X 0 0 0 FREDERICK HOLZGREFE III DIRECTOR 0.30 0.00 X 0 0 0 H HAMILTON SMITH DIRECTOR 0.30 0.00 X 0 0 0 JAMES E WINCHESTER JR DIRECTOR 0.30 0.00 X 0 0 0 JAMES LANIER DIRECTOR 0.30 0.00 X 0 0 0 JOHN RIPOLL DIRECTOR 0.30 0.00 X 0 0 0 PHILIP COLETTI DIRECTOR 0.30 0.00 X 0 0 0 KATHLEEN COTE DIRECTOR 0.30 0.00 X 0 0 0 MICHAEL L KEOUGH DIRECTOR 0.30 0.00 X 0 0 0 MICHAEL MCENANEY DIRECTOR 0.30 0.00 X 0 0 0 MICHAEL PETRIK DIRECTOR 0.30 0.00 X 0 0 0 MSGR STEPHEN T CHURCHWELL DIRECTOR 0.30 40.00 X 0 31656 44813 NANCY E PETERMAN DIRECTOR 0.30 0.00 X 0 0 0 TIMOTHY KEMPER DIRECTOR 0.30 0.00 X 0 0 0 VICTOR I SANCHEZ DIRECTOR 0.30 0.00 X 0 0 0 WILLIAM M RICH DIRECTOR 0.30 0.00 X 0 0 0 NANCY COVENY EXEC. DIRECTOR 40.00 0.00 X 123155 0 19820 123155 278296 173829 1 0 1 0 0 85000 2005928 42538 2090928 FUND MANAGEMENT FEES 523920 59024 59024 59024 665980 665980 10867806 10984387 -116581 -116581 -116581 2699351 608423 0 0 1186624 1186624 155375 93225 31075 31075 181536 108922 36307 36307 13648 8188 2730 2730 47932 28760 9586 9586 24574 14744 4915 4915 48926 46813 2113 33652 6730 20192 6730 46803 28081 9361 9361 70928 42556 14186 14186 913 913 2504 1252 1252 3420 1710 1710 3780 3780 5499 5499 MISCELLANEOUS 12701 12701 MEMBERSHIP FEES 3050 1525 1525 SUBSCRIPTIONS 307 154 153 1842172 1517830 202699 121643 1462314 510187 5782 4996 1400 34865 24401 14244 10464 52050767 52303005 53533107 52830052 7177 6250 1163246 1129344 6160192 7130720 7330615 8266314 X 5346192 4982974 9503589 7770350 31352711 31810414 46202492 44563738 53533107 52830052 X 857179 -1352003 -1143930 X X 0 1 X 1 0 X 1984004 2294099 2057625 4745719 2090928 13172375 1984004 2294099 2057625 4745719 2090928 13172375 167600 13004775 786487 726665 524042 1184459 665980 3887633 17060008 225324 0.76230 0.75910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6 21858 144400 2254479 1 1 0 1 X 45572889 750576 -824183 1134414 195455 297040 43872373 41354041 5060976 1008930 1297081 266814 287163 45572889 35094268 2307967 5241638 861498 174244 254090 41354041 31473334 1445881 3660968 1000323 266888 218704 35094268 28698536 3621799 413170 1011422 76206 172543 31473334 0.09780 0.88170 0.02050 0 0 7804 5658 2146 20461 14123 6338 6600 4620 1980 10464 BENEFICIARY ENDOWMENTS 6918824 CHARITABLE GIFT ANNUITY PAYABLE 189614 DUE TO ARCHDIOCESE OF ATLANTA 22282 7130720 190611 -1352003 64403 -19186 -1306786 1497397 1201954 1201954 2699351 1854365 64403 64403 1789962 52210 52210 1842172 PART IV, LINE 2B: THE FOUNDATION MANAGES FUNDS FOR OTHER ARCHDIOCESEAN ORGANIZATIONS. FUNDS MANAGED FOR OTHER ORGANIZATIONS ARE INCLUDED IN THE FOUNDATION'S POOLED INVESTMENT FUND AND ARE REPORTED AS CUSTODIAN FUNDS PAYABLE ON THE STATEMENT OF FINANCIAL POSITION. PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO PROVIDE VARIOUS SUPPORT, THROUGH ANNUAL GRANTS AND DISTRIBUTIONS, TO CHURCHES, SCHOOLS, MINISTRIES, AND NON-PROFIT ORGANIZATIONS IN ACCORDANCE WITH THE DONOR'S INTENTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -19,186. PART XI, LINE 4B - OTHER ADJUSTMENTS: BENEFICIARY ENDOWMENT FUNDS REVENUE 1,176,954. ENDOWMENT TRANSFERS 25,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: BENEFICIARY ENDOWMENT FUNDS EXPENSES 52,210. 1 ARCHDIOCESE OF ATLANTA 2401 LAKE PARK DRIVE SE SMYRNA GA 30080 580677170 501(C)(3) 300800 EDUCATION AND CARE OF PRIESTS AND GENERAL OPERATIONS BLESSED TRINITY CATHOLIC HIGH SCHOOL 11320 WOODSTOCK ROAD ROSWELL GA 30075 582602641 501(C)(3) 8000 GENERAL OPERATIONS CATHEDRAL OF CHRIST THE KING 2699 PEACHTREE ROAD NE ATLANTA GA 30305 580644901 501(C)(3) 55998 GENERAL OPERATIONS AND CAPITAL CAMPAIGN CATHOLIC CENTER AT GEORGIA TECH 172 FOURTH STREET NW ATLANTA GA 30313 580677170 501(C)(3) 9779 GENERAL OPERATIONS CATHOLIC CHARITIES OF ATLANTA 2401 LAKE PARK DRIVE SE SMYRNA GA 30080 581097003 501(C)(3) 106182 GENERAL OPERATIONS CATHOLIC HOUSING INITIATIVES (DBA ST JOSEPH'S PLACE) 2973 BUTNER ROAD SW ATLANTA GA 30331 581813997 501(C)(3) 14942 GENERAL OPERATIONS CHRIST THE KING SCHOOL 46 PEACHTREE WAY NE ATLANTA GA 30305 582495851 501(C)(3) 6200 GENERAL OPERATIONS CORPUS CHRISTI CATHOLIC CHURCH 600 MOUNTAIN VIEW DRIVE STONE MOUNTAIN GA 30083 581162072 501(C)(3) 8000 GENERAL OPERATIONS, CAPITAL CAMPAIGN, AND TUITION ASSISTANCE CRISTO REY JESUIT HIGH SCHOOL 680 WEST PEACHTREE STREET NW ATLANTA GA 30308 455550340 501(C)(3) 21000 GENERAL OPERATIONS AND CAPITAL CAMPAIGN HOLY REDEEMER CATHOLIC SCHOOL 3380 OLD ALABAMA ROAD JOHNS CREEK GA 30022 582416042 501(C)(3) 8000 GENERAL OPERATIONS AND UPGRADE NEWSROOM EQUIPMENT HOLY SPIRIT PREPERATORY SCHOOL 4449 NORTHSIDE DRIVE NW ATLANTA GA 30327 582141813 501(C)(3) 12500 GENERAL OPERATIONS AND PURCHASE OF NEW BUS IGNATIUS HOUSE JESUIT RETREAT CENTER 6700 RIVERSIDE DRIVE NW ATLANTA GA 30328 580862903 501(C)(3) 11635 MAINTENANCE OF ST. IGNATIUS CHAPEL, SPIRITUALITY PROJECT, AND GENERAL OPERATIONS IMMACULATE HEART OF MARY SCHOOL 2855 BRIARCLIFF ROAD NE ATLANTA GA 30329 586012645 501(C)(3) 9000 GENERAL OPERATIONS AND STEM PROGRAM EQUIPMENT AND MATERIALS PURCHASE MARIST SCHOOL 3790 ASHFORD DUNWOODY ROAD ATLANTA GA 30319 580566204 501(C)(3) 17500 ANNUAL FUND, CAPITAL CAMPAIGN, AND GENERAL OPERATIONS MONSIGNOR WALTER J DONOVAN HIGH SCHOOL 590 LAVENDER RD ATHENS GA 30606 651169619 501(C)(3) 12000 GENERAL OPERATIONS NOTRE DAME ACADEMY 4635 RIVER GREEN PARKWAY DULUTH GA 30096 841657624 501(C)(3) 5500 GENERAL OPERATIONS OUR LADY OF MERCY CATHOLIC HIGH SCHOOL 861 EVANDER HOLYFIELD HWY FAYETTEVILLE GA 30214 582614489 501(C)(3) 14000 GENERAL OPERATIONS AND PURCHASE OF WIRELESS TECHNOLOGY, SMART BOARDS, AND LAPTOPS OUR LADY OF THE MOUNTAINS CATHOLIC CHURCH 1908 WALESKA HIGHWAY 108 JASPER GA 30143 581820863 501(C)(3) 8000 GENERAL OPERATIONS AND YOUTH GROUP PILGRIMAGE OUR LADY OF VICTORY CATHOLIC SCHOOL 211 KIRKLEY ROAD TYRONE GA 30290 582416040 501(C)(3) 12000 GENERAL OPERATIONS AND UPGRADE OF STUDENT COMPUTER LAB PINECREST ACADEMY 955 PEACHTREE PARKWAY CUMMING GA 30041 582054020 501(C)(3) 8000 GENERAL OPERATIONS AND MIDDLE SCHOOL STEM PROGRAM SOPHIA ACADEMY 2880 DRESDEN DRIVE ATLANTA GA 30341 582448273 501(C)(3) 6500 GENERAL OPERATIONS ST BERNADETTE CATHOLIC CHURCH 101 SOUTH COLLEGE STREET CEDARTOWN GA 30125 581638738 501(C)(3) 7000 GENERAL OPERATIONS ST JOHN NEUMANN CATHOLIC SCHOOL 791 TOM SMITH ROAD LILBURN GA 30047 581661089 501(C)(3) 9500 GENERAL OPERATIONS AND FUNDING OF LEARNING GARDEN FOR STREAM CURRICULUM ST JOHN THE EVANGELIST CATHOLIC SCHOOL 240 ARNOLD STREET HAPEVILLE GA 30354 205200945 501(C)(3) 32000 GENERAL OPERATIONS AND CAPITAL CAMPAIGN ST JOSEPH CATHOLIC SCHOOL 958 EPPS BRIDGE PARKWAY ATHENS GA 30606 580864659 501(C)(3) 7000 GENERAL OPERATIONS ST JOSEPH CATHOLIC SCHOOL 81 LACY STREET MARIETTA GA 30060 580665896 501(C)(3) 9000 GENERAL OPERATIONS AND MIDDLE SCHOOL TECHNOLOGY ST MARY'S CATHOLIC SCHOOL 401 E SEVENTH STREET ROME GA 30161 412097947 501(C)(3) 18771 GENERAL OPERATIONS ST PETER CLAVER REGIONAL CATHOLIC SCHOOL 2560 TILSON ROAD DECATUR GA 30032 581918801 501(C)(3) 64818 GENERAL OPERATIONS, TUITION ASSISTANCE, SCHOOL FIELD, AND TECHNOLOGY UPGRADE ST PETER THE ROCK CATHOLIC CHURCH 3594 BARNESVILLE HWY P O BOX 280 THE ROCK GA 30285 651207195 501(C)(3) 6000 GENERAL OPERATIONS AND PURCHASE OF MUSIC MATERIALS FOR LATINO MINISTRY ST PIUS X CATHOLIC HIGH SCHOOL 2674 JOHNSON ROAD ATLANTA GA 30345 580706914 501(C)(3) 25670 GENERAL OPERATIONS, STUDENT SCHOLARSHIPS, FUND START-UP COSTS FOR STUDENT ROBOTICS TEAM ST THOMAS MORE CATHOLIC SCHOOL 630 W PONCE DE LEON AVE DECATUR GA 30030 580456277 501(C)(3) 10000 GENERAL OPERATIONS AND STREAM CURRICULUM FERAL CAT COALITION OF OREGON PO BOX 82734 PORTLAND OR 97282 931168181 501(C)(3) 10000 DONOR ADVISED FUNDS - CAPITAL CAMPAIGN JERRY CEBULSKI AFRICAN DISABILITY FOUNDATION 47 HARFORD AVENUE SHAVERTON PA 18708 462712939 501(C)(3) 13000 DONOR ADVISED FUNDS - GENERAL OPERATIONS MERCY CARE SERVICES 1100 JOHNSON FERRY RD NE CENTER II SUITE LL80 ATLANTA GA 30342 581752700 501(C)(3) 9700 DONOR ADVISED FUNDS - GENERAL OPERATIONS REACH FOR EXCELLENCE 3790 ASHFORD DUNWOODY ROAD ATLANTA GA 30319 580566204 501(C)(3) 6000 DONOR ADVISED FUNDS - GENERAL OPERATIONS ROBERT W WOODRUFF ART CTR 1280 PEACHTREE STREET NE ATLANTA GA 30309 580633971 501(C)(3) 5500 DONOR ADVISED FUNDS - GENERAL OPERATIONS AND HIGH MUSEUM OF ART 36 0 PART I, LINE 2: COMPETITIVE GRANT APPLICANTS COMPLETE THE GRANT APPLICATION FORMS AND FOLLOW THE GUIDELINES. STAFF MEMBERS CONDUCT THE DUE DILIGENCE TO ENSURE ALL GRANTEE ORGANIZATIONS ARE ELIGIBLE INCLUDING UTILIZING GUIDESTAR CHARITY CHECK, AND REVIEW OF APPLICATIONS AND APPLICANT DOCUMENTATION. GRANT COMMITTEE REVIEWS AND MAKES RECOMMENDATIONS TO THE BOARD. THE BOARD OF DIRECTORS APPROVES ALL GRANTS. GRANTEES ARE REQUIRED TO SUBMIT GRANT REPORTS 7-8 MONTHS AFTER GRANT AWARD. ENDOWMENT DISTRIBUTION GRANTS ARE AWARDED ONCE PER YEAR, BASED ON THE FOUNDATION'S SPENDING POLICY. ELIGIBLE BENEFICIARIES ARE SENT A FORM DESCRIBING THE PURPOSE OF ENDOWMENT FUNDS AND THE AMOUNT ELIGIBLE FOR THE DISTRIBUTION. ORGANIZATIONS NOTE HOW MUCH OF THE DISTRIBUTION THEY WISH TO TAKE IN THIS PARTICULAR YEAR AND HOW THE GRANT WILL BE USED. FOUNDATION STAFF COMPARE THE PURPOSE OF THE GRANT DISTRIBUTION WITH THE PURPOSE DESCRIBED BY THE ORGANIZATION IN THE FORM. IF THEY MATCH, THE ENDOWMENT DISTRIBUTION CHECK WILL BE SENT TO THE ORGANIZATION. IF THERE IS A DISCREPANCY BETWEEN THE PURPOSE OF THE ENDOWMENT AND HOW THE ORGANIZATION WISHES TO USE THE GRANT, THE EXECUTIVE DIRECTOR WILL CALL THE HEAD OF THE ORGANIZATION TO DISCUSS. FROM THAT CONVERSATION, THE REQUEST FORM WILL EITHER BE APPROVED, DENIED, OR SENT TO THE GRANTS COMMITTEE FOR FURTHER DISCUSSION. IF NEEDED, THE BOARD OF DIRECTORS WILL BE BROUGHT IN FOR APPROVAL OR DENIAL OF THE DISTRIBUTION. DONOR ADVISED FUND GRANTS ARE REQUESTED BY THE DONOR ADVISORS VIA A FORM THAT VERIFIES THE PURPOSES OF THE GRANT AND THAT IT IS ELIGIBLE IN ACCORDANCE WITH GUIDELINES OF THE PENSION PROTECTION ACT. THE STAFF CONDUCTS THE PROPER DUE DILIGENCE TO DETERMINE IF THE ORGANIZATION IS ELIGIBLE FOR A GRANT. IF UNCLEAR, THE REQUEST IS BROUGHT TO THE GRANTS COMMITTEE FOR DISCUSSION AND TO THE BOARD OF DIRECTORS WHEN APPROPRIATE, FOR APPROVAL OR DENIAL. ALL GRANTEES MUST SIGN GRANT AGREEMENTS WHICH SPECIFY THE PURPOSE OF THE GRANT AND MUST SUBMIT GRANT REPORTS DETAILING HOW THE GRANT WAS USED. ADDITIONAL INFORMATION: GRANTS LISTED IN SCHEDULE I, PART II INCLUDE GRANTS FROM THE FOUNDATION'S DONOR ADVISED FUNDS AND DISTRIBUTIONS FROM ENDOWMENT FUNDS, IN ADDITION TO GRANTS PROVIDED BY THE FOUNDATION'S COMPETITIVE GRANTS PROGRAMS. NUMEROUS GRANTS OF $5,000 OR LESS ARE NOT REPORTED ON SCHEDULE I. ALL THE GRANTS LISTED ABOVE WITH A DAF DESIGNATION IN COLUMN (H) - PURPOSE OF GRANT OR ASSISTANCE ARE GRANTS THAT WERE MADE FROM DONOR ADVISED FUNDS MAINTAINED AT THE FOUNDATION. THESE LARGE GRANTS TOTALED $77,300 ON SCHEDULE I. THERE WERE ALSO GRANTS NOT OVER $5,000 MADE FROM DONOR ADVISED FUNDS WHICH WERE NOT REPORTED ON SCHEDULE I. X X 0 0 0 0 0 0 0 0 0 DAVID SPOTANSKI DIRECTOR 0 171642 0 0 0 0 0 10299 0 12431 0 194372 0 0 X 5 42538 MARKET VALUE 0 1 1 PART I, LINE 32B: GIFTS MADE IN THE FORM OF STOCKS ARE WIRED FROM THE DONOR TO THE CATHOLIC FOUNDATION ACCOUNT AT THE ATLANTA CONSULTING GROUP (ACG). ACG LIQUIDATES THE STOCK AND SENDS A CHECK TO THE ORGANIZATION. ORGANIZATION'S MOST SIGNIFICANT ACTIVITIES DURING CURRENT FISCAL YEAR: OUR TOTAL CONTRIBUTIONS OF $2,090,928 INCLUDED CONTRIBUTIONS OF $1,927,530 FOR ENDOWMENT FUNDS. ALTHOUGH THE CONTRIBUTIONS TO ENDOWMENT FUNDS WE RECEIVED ARE REPORTED AS REVENUE ON THE TAX RETURN, THE ENDOWMENT PRINCIPAL IS RESTRICTED AND CANNOT BE USED FOR GRANTS OR OPERATING EXPENSES. ENDOWMENT CONTRIBUTIONS INCLUDED CONTRIBUTIONS TO BENEFICIARY ENDOWMENT FUNDS OF $1,176,954. THESE CONTRIBUTIONS ARE ONLY FOR THE BENEFIT OF THE NON-PROFIT ORGANIZATIONS THAT CONTRIBUTED THE FUNDS. OUR TOTAL UNRESTRICTED CONTRIBUTIONS WERE $196,522. FORM 990, PART VI, SECTION A, LINE 2 ARCHBISHOP WILTON D GREGORY, DAVID SPOTANSKI, MSGR. STEPHEN CHURCHWELL, AND MSGR DAN STACK WORK FOR THE SAME ORGANIZATION - ARCHDIOCESE OF ATLANTA. FORM 990, PART VI, SECTION B, LINE 11 BEFORE THE FORM 990 IS FILED, A PRELIMINARY COPY IS PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW. THE FINANCE COMMITTEE INCLUDES REPRESENTATIVES FROM THE BOARD OF DIRECTORS. ALL ISSUES THAT ARISE FROM THIS REVIEW ARE ADDRESSED, AND ANY NECESSARY CHANGES ARE MADE. A FINAL COPY OF THE FORM 990 IS THEN PROVIDED TO THE COMPLETE BOARD OF DIRECTORS FOR REVIEW. UPON APPROVAL OF THE BOARD OF DIRECTORS, THE FORM 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER MUST FILL OUT THE FORM TO DISCLOSE ANY CONFLICT EACH YEAR. THE CONFLICT OF INTEREST FORMS ARE REVIEWED BY THE GOVERNANCE COMMITTEE EACH YEAR IN DETAIL, AND IF THERE ARE CONCERNS OR CONFLICTS, THEY ARE BROUGHT TO THE FULL BOARD FOR DISCUSSION. IF A PERSON HAS A CONFLICT, THIS CONFLICT MUST BE DISCLOSED AND THEY MAY NOT PARTICIPATE IN ANY DISCUSSION OR VOTE ON ANY MATTER THAT INVOLVES THIS CONFLICT. THE POLICY IS REVIEWED BY THE BOARD OF DIRECTORS ONCE EVERY YEAR. ANY CHANGES IN THE POLICY WILL BE COMMUNICATED IMMEDIATELY TO ALL RESPONSIBLE PEOPLE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION OF THE EXECUTIVE DIRECTOR UTILIZING COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. FOR OTHER OFFICERS OR KEY EMPLOYEES, THE EXECUTIVE DIRECTOR OF THE FOUNDATION REVIEWS COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS WHEN DETERMINING COMPENSATION LEVELS. THE EXECUTIVE DIRECTOR THEN PRESENTS THE SALARY AND BENEFIT LEVELS TO THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS, WHO APPROVE THESE LEVELS WITHIN THE BUDGETARY PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: BENEFICIARY ENDOWMENT FUNDS REVENUE -1,176,954. BENEFICIARY ENDOWMENT FUNDS EXPENSES 52,210. CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -19,186. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VII - ADDITIONAL INFORMATION COMPENSATION REPORTED FOR ARCHBISHOP WILTON D. GREGORY, DAVID SPOTANSKI, MSGR. STEPHEN CHURCHWELL, AND MSGR. DAN STACK IS PAID BY THE ARCHDIOCESE OF ATLANTA, WHICH IS A RELATED ORGANIZATION. ARCHDIOCESE OF ATLANTA 2401 LAKE PARK DRIVE SE SMYRNA GA 30080 580677170 DIOCESE GA 501(C)(3) LINE 1 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 ARCHDIOCESE OF ATLANTA C 85000 CASH DONATION ARCHDIOCESE OF ATLANTA P 71366 ACTUAL AMOUNT GROUP EXEMPTION RELATIONSHIPS: THE FOUNDATION IS INCLUDED IN A GROUP EXEMPTION WHICH INCLUDES CENTRAL AND SUBORDINATE ORGANIZATIONS OF THE GROUP EXEMPTION THAT ARE NOT REQUIRED TO BE REPORTED IN THIS SECTION. SCHEDULE R, ADDITIONAL INFORMATION SCHEDULE R, PART V LINE 1B FOUNDATION MAKES GRANTS TO ARCHDIOCESE OF ATLANTA AND OTHER PARISHES, SCHOOLS, AND ENTITIES WHICH ARE UNDER THE GROUP EXEMPTION. THE PURPOSES AND AMOUNTS OF THOSE GRANTS ARE DISCLOSED ON SCHEDULE I. SCHEDULE R, PART V LINE 1C FOUNDATION RECEIVES DONATIONS FROM THE ARCHDIOCESE OF ATLANTA. DURING THE FISCAL YEAR, $60,000 WAS USED FOR PLANNED GIFT GIVING AND $25,000 WAS TO SET UP VARIOUS ENDOWMENT FUNDS. SCHEDULE R, PART V LINE 1P FOUNDATION REIMBURSES THE ARCHDIOCESE OF ATLANTA FOR EMPLOYEE HEALTH, RETIREMENT AND OTHER SIMILAR OPERATING EXPENSES.