2014-01-23T16:05:15-06:00 2013-06-30 450250958 EIDE BAILLY LLP 2402 WESTPORT DR NORMAN OK 730696336 990 2012-07-01 730773715 CATHOLIC FOUNDATION OF OKLAHOMA INC CATH 4057215651 PO BOX 32180 OKLAHOMA CITY OK 73123 DAVID JOHNSON 4057215651 2013-12-20 1 KELLEY GRACE CPA P00841870 4052922900 2012 2015-11-30 17:44:51Z DAVID JOHNSON PO BOX 32180 OKLAHOMA CITY OK 73123 13269367 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. 29 29 0 59 0 0 205884 107354 0 0 593722 854362 197616 243295 997222 1205011 137190 138797 0 0 141751 142710 0 0 0 329320 289231 608261 570738 388961 634273 48019315 54480276 40894817 45850387 7124498 8629889 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 119957 ANNUITY FUND - MANAGES DONATED FUNDS, THE FOUNDATION PROVIDES PERIODIC PAYMENTS TO DONORS OR OTHER DESIGNATED PERSONS BASED ON THE DONORS GIFT DURING THE FYE. 223322 137797 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. 1000 1000 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. 344279 1 1 0 0 0 1 0 0 1 1 0 1 0 0 1 1 1 0 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 1 1 1 1 0 0 0 1 1 1 0 1 1 1 0 OK X DAVID JOHNSON 4057215651 PO BOX 32180 OKLAHOMA CITY OK 73123 X REV REX ARNOLD 0.00 X 0 0 0 RUSS FARLEY JR 0.00 X 0 0 0 REV JAMES GREINER 0.00 X 0 0 0 MARY MCANULTY 0.00 X 0 0 0 SUSAN MORAN CROWDER 0.00 X 0 0 0 DOUG OLIVER 0.00 X 0 0 0 MANNY SANCHEZ 0.00 X 0 0 0 LEONARD TARON 0.00 X 0 0 0 KEVIN KARPE 0.00 X 0 0 0 MARY BEADLES 0.00 X 0 0 0 ALAN ANESHANSLEY 0.00 X 0 0 0 DON CREEL 0.00 X 0 0 0 JOHN HEFNER 0.00 X 0 0 0 JERRY KELLEY 0.00 X X 0 0 0 CHAD MCDOUGALL 0.00 X 0 0 0 LARRY NEUBAUER 0.00 X 0 0 0 JAIMEE ZORIO 0.00 X 0 0 0 SHERRI MERLE WOOLDRIDGE 0.00 X 0 0 0 MOST REV PAUL S COAKLEY 5.00 35.00 X X 0 0 0 TONY TYLER 0.00 X X 0 0 0 DR CHARLES LAWRENCE 0.00 X X 0 0 0 DAVID JOHNSON 5.00 35.00 X X 0 0 0 KAREN S RIEGER 0.00 X X 0 0 0 TODD LECHTENBERGER 0.00 X 0 0 0 DAVID MADIGAN 0.00 X 0 0 0 JESUS MEDINA MD 0.00 X 0 0 0 TIM PAYNE 0.00 X 0 0 0 SHARON ROBINSON 0.00 X 0 0 0 DOLORES WOODRUFF 0.00 X 0 0 0 0 0 0 0 0 0 0 0 107354 107354 211064 211064 104656 104656 12707654 12064356 643298 643298 643298 FUND MANAGEMENT FEES 900099 101931 101931 OTHER 900099 36708 36708 138639 1205011 993001 0 104656 138797 138797 69528 69528 43425 43425 29757 29757 22211 22211 9787 9787 3836 3836 PROVISION FOR ANNUITIES 119957 119957 CATHOLIC SCHOOL ENDOWME 85525 85525 INVESTMENT POOL EXPENSE 25148 25148 OTHER EXPENSE 22767 22767 570738 344279 226459 0 179749 275684 40123 35717 184697 205448 47614746 53963427 48019315 54480276 138099 194287 39135166 44018016 1621552 1638084 40894817 45850387 X 5417846 6048432 1288762 1597328 417890 984129 7124498 8629889 48019315 54480276 634273 271982 599136 0 X 0 1 X 0 0 X 56902 183780 162166 535126 107354 1045328 56902 183780 162166 535126 107354 1045328 287936 757392 31135 295588 470211 772978 959018 2528930 73950 94788 -581 -297365 138639 9431 3583689 0.21130 0.25550 X THE CATHOLIC FOUNDATION OF OKLAHOMA, INC. FAILS TO MEET THE PUBLIC SUPPORT TEST FOR THE YEAR ENDED JUNE 30, 2013. 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 18.61%. 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. THE ANNUAL GOLF TOURNAMENT WAS SCHEDULED FOR THE JUNE 30, 2013 FISCAL YEAR, HOWEVER DUE TO THE MAY 2013 TORNADO THAT AFFECTED THE AREA, THE TOURNAMENT WAS POSTPONED UNTIL THE JUNE 30, 2014 FISCAL YEAR.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 2 10622 17236 707996 1 1 1 39135166 6233217 1350367 44018016 1 X 1290158 19075 160349 33151 1436431 946000 350076 23606 29524 1290158 593364 249559 121591 18514 946000 551300 2070 40794 800 593364 686584 4300 -95782 43802 551300 0.20500 0.68500 0.11000 0 0 0 OTHER SECURITIES 44124456 F OTHER INVESTMENTS 8401399 F RESTRICTED INVESTMENTS 1437572 F 53963427 ANNUITIES PAYABLE 1638084 1638084 X 1476993 271982 271982 1205011 0 1205011 570738 0 570738 0 570738 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. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE TARGET ANNUAL DISTRIBUTION FROM THE ENDOWMENT FUNDS FOR SCHOLARSHIPS AND GRANTS IS AN AMOUNT BASED ON 3% OF THE AVERAGE MARKET VALUE OF THE FUND. THESE AND OTHER EXPENSES FROM THE FUND ARE BASED ON A BUDGET PREPARED AT THE BEGINNING OF THE FISCAL YEAR AND ARE AT THE DISCRETION OF THE BOARD OF DIRECTORS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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. 0 COLLEGE SCHOLARSHIPS 78 67500 GRANTS TO CHURCHES & NON-PROFITS 108 71297 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 PRIOR PERIOD ADJUSTMENT SCHEDULE A, PART II AND SCHEDULE D, PART V DURING THE YEAR ENDED JUNE 30, 2013, THE FOUNDATION DETERMINED THAT FOUR ENDOWMENT ACCOUNTS HAD BEEN INCORRECTLY PRESENTED IN PRIOR YEARS AS FUNDS HELD FOR OTHERS. THE AMOUNTS ON SCHEDULE A, PART II AND SCHEDULE D, PART V HAVE BEEN ADJUSTED TO THE AUDITED AMOUNTS AS OF JUNE 30, 2013. 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 0 1 0 0 0 0 THE ARCHDIOCESE OF OKLAHOMA CITY O 142710 ACTUAL EXPENSE