2017-05-12T08:47:24-05:00 2016-06-30 450250958 EIDE BAILLY LLP 2402 WESTPORT DR NORMAN OK 730696336 990 2015-07-01 730773715 CATHOLIC FOUNDATION OF OKLAHOMA INC CATH 4057215651 PO BOX 32180 OKLAHOMA CITY OK 73123 DAVID JOHNSON SECRETARY/TREASURER 4057215651 2017-05-12 1 KELLEY GRACE CPA P00841870 4052922900 2015 2021-01-29 14:40:06Z DAVID JOHNSON PO BOX 32180 OKLAHOMA CITY OK 73123 103075500 0 X WWW.CFOOK.ORG X 1965 OK PROCURE AND BUILD ENDOWMENT FUNDS WHILE SERVING AS A PERMANENT ORGANIZATION FOR MANAGEMENT AND THE ADMINISTRATION OF FUNDS GIVEN TO THE ARCHDIOCESE OF OKLAHOMA CITY FOR THE ADVANCEMENT AND EXPANSION OF THE ROMAN CATHOLIC CHURCH IN CENTRAL AND WESTERN OKLAHOMA. 27 27 0 27 0 0 251194 1840039 0 0 1743044 435936 328702 328586 2322940 2604561 342893 398671 0 0 145677 163664 0 0 0 169436 251300 658006 813635 1664934 1790926 62800572 58504502 52090971 46557330 10709601 11947172 PROCURE AND BUILD ENDOWMENT FUNDS WHILE SERVING AS A PERMANENT ORGANIZATION FOR MANAGEMENT AND THE ADMINISTRATION OF FUNDS GIVEN TO THE ARCHDIOCESE OF OKLAHOMA CITY FOR THE ADVANCEMENT AND EXPANSION OF THE ROMAN CATHOLIC CHURCH IN CENTRAL AND WESTERN OKLAHOMA. 0 0 86334 ANNUITY FUND - MANAGES DONATED FUNDS, THE FOUNDATION PROVIDES PERIODIC PAYMENTS TO DONORS OR OTHER DESIGNATED PERSONS BASED ON THE DONORS GIFT DURING THE FYE. 418097 396171 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 INSTITUITONS AS DESIGNATED BY THE BOARD. 2500 2500 CONNELLY MEDICAL SCHOLARSHIP TRUST - MANAGES FUNDS, THE INCOME OF WHICH IS USED TOWARDS SCHOLARSHIPS FOR CATHOLIC STUDENTS OF THE UNIVERSITY OF OKLAHOMA SCHOOL OF MEDICINE. 506931 1 1 0 0 0 1 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 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 1 1 0 0 0 0 X 27 27 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 RUSS FARLEY JR BOARD MEMBER 0.00 X 0 0 0 REV JAMES GREINER BOARD MEMBER 0.00 X 0 0 0 MARY MCANULTY BOARD MEMBER 0.00 X 0 0 0 MANNY SANCHEZ VICE PRESIDENT 0.00 X X 0 0 0 KEVIN KARPE BOARD MEMBER 0.00 X 0 0 0 MARY BEADLES BOARD MEMBER 0.00 X 0 0 0 ALAN ANESHANSLEY BOARD MEMBER 0.00 X 0 0 0 DON CREEL BOARD MEMBER 0.00 X 0 0 0 JOHN HEFNER BOARD MEMBER 0.00 X 0 0 0 JERRY KELLEY PRESIDENT-ELECT 0.00 X X 0 0 0 CHAD MCDOUGALL BOARD MEMBER 0.00 X 0 0 0 LARRY NEUBAUER BOARD MEMBER 0.00 X 0 0 0 JAIMEE ZORIO BOARD MEMBER 0.00 X 0 0 0 SHERRI MERLE WOOLDRIDGE BOARD MEMBER 0.00 X 0 0 0 ARCHBISHOP PAUL S COAKLEY CHAIRMAN OF BOARD 5.00 35.00 X X 0 0 0 DR CHARLES LAWRENCE PAST PRESIDENT 0.00 X X 0 0 0 DAVID JOHNSON SECRETARY/TREASURER 5.00 35.00 X X 0 0 0 KAREN S RIEGER PRESIDENT 0.00 X X 0 0 0 DAVID MADIGAN BOARD MEMBER 0.00 X 0 0 0 JESUS MEDINA MD BOARD MEMBER 0.00 X 0 0 0 TIM PAYNE BOARD MEMBER 0.00 X 0 0 0 SHARON ROBINSON BOARD MEMBER 0.00 X 0 0 0 DOLORES WOODRUFF BOARD MEMBER 0.00 X 0 0 0 REV RAY ACKERMAN BOARD MEMBER 0.00 X 0 0 0 REX ANDERSON BOARD MEMBER 0.00 X 0 0 0 MARIA RUIZ SCAPERLANDA BOARD MEMBER 0.00 X 0 0 0 DANNY STITH BOARD MEMBER 0.00 X 0 0 0 BERNARD SEMTNER EXECUTIVE DIRECTOR 40.00 X 76810 0 0 76810 0 0 0 0 0 0 0 97834 1742205 1840039 187203 187203 193525 193525 100667026 100418293 248733 248733 248733 39621 97834 52646 -13025 -13025 FUND MANAGEMENT FEES 900099 115878 115878 OTHER 900099 32208 32208 148086 2604561 148086 0 616436 295921 295921 102750 102750 77946 77946 48905 48905 36813 36813 28249 28249 52285 52285 13159 13159 3684 3684 PROVISION FOR ANNUITIES 86334 86334 OTHER EXPENSE 48163 2500 45663 SCHOLARSHIP ADMINISTRAT 10738 10738 CONTINUING EDUCATION 8279 8279 409 409 813635 506931 306704 0 288395 118220 43915 19865 62208016 58040340 260246 326077 62800572 58504502 84424 117260 50717439 45188476 1289108 1251594 52090971 46557330 X 7466049 7150019 2081306 1908650 1162246 2888503 10709601 11947172 62800572 58504502 X 1790926 -551487 -1868 X 0 0 0 X 535126 107354 379902 167338 1840039 3029759 535126 107354 379902 167338 1840039 3029759 1556844 1472915 772978 959018 838249 324316 380728 3275289 -297365 138639 100019 187470 187707 316470 6621518 0.22240 0.23170 X THE CATHOLIC FOUNDATION OF OKLAHOMA, INC. FAILS TO MEET THE PUBLIC SUPPORT TEST FOR THE YEAR ENDED JUNE 30, 2016. HOWEVER, BASED ON THE FOLLOWING FACTS AND CIRCUMSTANCES, THE ORGANIZATION SHOULD CONTINUE TO BE RECOGNIZED AS A PUBLICLY SUPPORTED ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 509(A)(1).TEN-PERCENT OF SUPPORT:THE TOTAL AMOUNT OF PUBLIC SUPPORT FOR THE ORGANIZATION DURING THE ABOVE MENTIONED PERIOD IS 22.24%. THEREFORE, THE TOTAL PUBLIC SUPPORT IS GREATER THAN THE REQUIRED 10%.ATTRACTION OF PUBLIC SUPPORT:THE ORGANIZATION DOES NOT RECEIVE MORE THAN 33 1/3% OF ITS SUPPORT FROM GOVERNMENT UNITS OR FROM CONTRIBUTIONS FROM THE GENERAL PUBLIC DUE TO THE FACT THAT IN YEARS PRIOR TO THE JUNE 30, 2012 FISCAL YEAR THE ORGANIZATION DID NOT ACTIVELY SEEK OUT CONTRIBUTIONS. HOWEVER, BEGINNING WITH THE JUNE 30, 2012 FISCAL YEAR, THE ORGANIZATION CHANGED ITS PUBLIC CHARITY STATUS AND WAS NOTIFIED THAT THEY MUST BEGIN TO ACTIVELY SEEK DONATIONS. THE ORGANIZATION HAS A GOLF TOURNAMENT ANNUALLY THAT IS SUPPORTED BY THE GENERAL PUBLIC. SOURCES OF SUPPORT:THE CATHOLIC FOUNDATION OF OKLAHOMA, INC. DOES NOT RECEIVE SUPPORT FROM A SINGLE FAMILY; RATHER IT RECEIVES SUPPORT FROM MEMBERS OF THE GENERAL PUBLIC. THE ORGANIZATION RECEIVED A PORTION OF ITS SUPPORT FROM INDIVIDUALS AND BUSINESS IN THE COMMUNITY.REPRESENTATIVE GOVERNING BODY:THE CATHOLIC FOUNDATION OF OKLAHOMA, INC. IS SERVED BY A GOVERNING BODY THAT REPRESENTS THE INTEREST OF THE PUBLIC; IT DOES NOT REPRESENT THE INTERESTS OF THE DONORS OF THE CATHOLIC FOUNDATION OF OKLAHOMA, INC. THESE REPRESENTATIVES ENSURE THAT THE ORGANIZATION MEETS THE NEEDS OF THE ROMAN CATHOLIC CHURCH IN CENTRAL AND WESTERN OKLAHOMA BY SUPPORTING ADVANCEMENT IN CATHOLIC SCHOOLS THROUGH SCHOLARSHIPS, GRANTS AND CONTRIBUTIONS.BASED ON THE ABOVE FACTS AND CIRCUMSTANCES, THE CATHOLIC FOUNDATION OF OKLAHOMA, INC. SHOULD CONTINUE TO BE CONSIDERED AS PUBLICLY SUPPORTED UNDER INTERNAL REVENUE CODE SECTION 509(A)(1). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4 67399 78937 1186599 1 1 1 50717439 672514 6201477 45188476 1 X 3632314 1769457 -73344 161350 5167077 1762976 160412 96062 126738 1892712 1436431 128312 236990 38757 1762976 1290158 19075 160349 33151 1436431 946000 350076 23606 29524 1290158 0.09570 0.55900 0.34530 0 0 0 ANNUITIES PAYABLE 1251594 1251594 X 2063404 -551487 13585 -537902 2601306 3255 3255 2604561 825833 15453 15453 810380 3255 3255 813635 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. NOTE FOR FY2016: THE FY2015 ENDING ENDOWMENT BALANCE WAS REPORTED IN ERROR. AUDITORS CORRECTLY STATED THE AMOUNT AND IS REPORTED AS THE BEGINNING BALANCE FOR FY2016 ABOVE. PART X, LINE 2: THE FOUNDATION WAS ORGANIZED AS AN OKLAHOMA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI), AND HAS BEEN DETERMINED NOT TO BE PRIVATE FOUNDATION UNDER SECTIONS 509(A)(1) AND (3), RESPECTIVELY. 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 IS 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: INVESTMENT FEES INCLUDED IN REVENUE TRANSFERS REPORTED AS REVENUE AND EXPENSE ON AUDIT REPORT PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTIONS RECORDED AS REDUCTION OF EXPENSE ON AUDIT REPORT CORRECTION OF PRIOR YEAR INVESTMENT INCOME REPORTED IN EXPENSE ON AUDIT PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE LESS COST OF DIRECT BENEFITS TO DONORS INVESTMENT FEES INCLUDED IN REVENUE TRANSFERS REPORTED AS REVENUE AND EXPENSE ON AUDIT REPORT PART XII, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTIONS RECORDED AS REDUCTION OF EXPENSE ON AUDIT REPORT CORRECTION OF PRIOR YEAR INVESTMENT INCOME REPORTED IN EXPENSE ON AUDIT GOLF TOURNAMENT 137455 97834 39621 52646 137455 97834 39621 52646 52646 -13025 0 ARCHDIOCESE OF OKLAHOMA CITY 7501 NORTHWEST EXPRESSWAY OKLAHOMA CITY OK 73132 730632924 501C3 9342 GENERAL OPERATING EXPENSES ST JOHN NEPOMUK CHURCH 600 SOUTH GARTH BROOKS BOULEVARD YUKON OK 73099 730758650 501C3 9529 GENERAL OPERATING EXPENSES ST CHARLES BORROMEO CHURCH 5024 NORTH GROVE AVENUE WARR ACRES OK 73122 730701035 501C3 5529 GENERAL OPERATING EXPENSES STS PETER & PAUL CHURCH 309 SOUTH MAIN STREET KINGFISHER OK 73750 730766744 501C3 13834 GENERAL OPERATING EXPENSES BISHOP MCGUINNESS CATHOLIC HIGH SCHOOL 801 NORTHWEST 50TH STREET OKLAHOMA CITY OK 73118 730642613 501C3 14151 GENERAL OPERATING EXPENSES CATHOLIC CHARITIES 1232 N CLASSEN BLVD OKLAHOMA CITY OK 73106 730636561 501C3 5221 GENERAL OPERATING EXPENSES CHRIST THE KING SCHOOL 1905 ELMHURST AVE OKLAHOMA CITY OK 73120 730717670 501C3 7029 GENERAL OPERATING EXPENSES CHURCH OF THE EPIPHANY 7336 W BRITTON ROAD OKLAHOMA CITY OK 73132 731002506 501C3 6800 GENERAL OPERATING EXPENSES FIRST PRESBYTERIAN CHURCH 1505 E GRAND AVE PONCA CITY OK 74604 501C3 21929 GENERAL OPERATING EXPENSES OKLAHOMA STATE UNIVERSITY 101 WHITEHURST HALL STILLWATER OK 74078 731383996 501C3 9500 SCHOLARSHIP FUNDS ROSARY SCHOOL 1919 NORTHWEST 18TH STREET OKLAHOMA CITY OK 73106 730722461 501C3 6029 GENERAL OPERATING EXPENSES SACRED HEART SCHOOL 2700 SOUTH SHARTEL AVENUE OKLAHOMA CITY OK 73109 730686284 501C3 14955 GENERAL OPERATING EXPENSES SOUTHWESTERN OKLAHOMA STATE UNIVERSITY 100 CAMPUS DRIVE WEATHERFORD OK 73096 731491788 501C3 5750 SCHOLARSHIP FUNDS ST MARY SCHOOL 611 SW A AVE LAWTON OK 73501 730654573 501C3 8415 GENERAL OPERATING EXPENSES ST JOSEPH SCHOOL 110 N MADISON ST ENID OK 73071 730608175 501C3 14055 GENERAL OPERATING EXPENSES ST MARY SCHOOL E WARNER AVENUE GUTHRIE OK 73044 730993333 501C3 9555 GENERAL OPERATING EXPENSES ST PHILIP NERI SCHOOL 1121 FELIX PL OKLAHOMA CITY OK 73110 730678255 501C3 9417 GENERAL OPERATING EXPENSES ST JOHN THE BAPTIST 900 S LITTLER AVENUE EDMOND OK 73034 736095725 501C3 5500 GENERAL OPERATING EXPENSES UNIVERSITY OF OKLAHOMA 660 PARRINGTON OVAL NORMAN OK 73019 731377584 501C3 6000 SCHOLARSHIP FUNDS COLLEGE SCHOLARSHIPS 86 99750 EDUCATOR OF THE YEAR AWARDS 6 3000 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 11 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 ESCLATED 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 THIS COMPENSATION 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: FUNDRAISING EXPENSE LESS COST OF DIRECT BENEFITS TO DONORS -1,868. ARCHDIOCESE OF OKLAHOMA CITY 7501 NW EXPRESSWAY OKLAHOMA CITY OK 73132 730632924 NON-PROFIT ORGANIZATON THAT SERVES THE ROMAN CATHOLIC FAITH IN OKLAHOMA OK 501(C)(3) 170(B)(1)(A)(I) THE ARCHBISHOP OF THE ARCHDIOCESE OF OKLAHOMA CITY 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 THE ARCHDIOCESE OF OKLAHOMA CITY O 163664 ACTUAL EXPENSE