2014-01-30T07:49:47-06:00 2013-06-30 450250958 EIDE BAILLY LLP 3999 PENNSYLVANIA AVE SUITE 100 DUBUQUE IA 52002 990 2012-07-01 451740219 Catholic Foundation for the Archdiocese of Dubuque CATH 3192611031 120 5th St NW Cedar Rapids IA 52405 Jamie Henley 3192611031 2014-01-25 1 Carmen Krantz P00031958 5635561790 2014-01-03 2012 2015-11-30 17:44:51Z X Jamie Henley 120 5th St NW Cedar Rapids IA 52405 6735189 0 X www.ourcatholicfoundation.org X 2011 IA Encourage financial stewardship and generosity by providing an avenue for faith-based giving 7 7 1 10 0 0 110000 6565733 100000 123880 210 45576 0 0 210210 6735189 0 4702 0 0 85038 89873 0 0 0 154262 134528 239300 229103 -29090 6506086 144476 8581261 214431 2054136 -69955 6527125 None 0 0 73431 4702 123880 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. 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. 73431 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X Jamie Henley 3192611031 120 5th St NW Cedar Rapids IA 52405 Edward J Gallagher Jr 0.50 X X 0 0 0 Paul Sigwarth 0.50 X X 0 0 0 Richard Runde 0.50 X 0 0 0 Matthew Berry 0.50 X 0 0 0 William McCartan 0.50 X 0 0 0 Anne Cunningham 0.50 X 0 0 0 Barb Potts 0.50 X 0 0 0 Sr Laura Reicks 0.50 X 0 0 0 Most Rev Jerome G Hanus 0.50 X 0 0 0 Most Rev Michael Jackels 0.50 X 0 0 0 Jamie Henley 40.00 X 62668 0 3763 62668 0 3763 0 0 0 0 0 6565733 6565733 Management Fees 541610 109000 109000 Administration Fees 561000 14880 14880 123880 45576 45576 6735189 123880 0 45576 4702 4702 84082 42041 42041 5791 2895 2896 51250 51250 46500 46500 12750 12750 5383 5383 235 235 6660 6660 3600 3600 2975 2975 4232 4232 242 242 701 701 229103 73431 155672 0 144476 64388 2973 2295 242 0 2053 8511847 144476 8581261 5481 5097 4702 208950 342383 0 1701954 214431 2054136 X -69955 6515825 11300 -69955 6527125 144476 8581261 6506086 90994 0 X 0 1 X 1 0 X 110000 6565733 6675733 100000 123880 223880 210000 6689613 6899613 0 0 0 6899613 210 45576 45786 210 45576 45786 210210 6735189 6945399 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2295 242 2053 2053 Funds held in trust 1701954 1701954 X 123994 0 123994 6611195 6611195 6735189 211624 0 211624 17479 17479 229103 Description of Uncertain Tax Positions Under FIN 48: 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), qualifies for the charitable contribution deduction under Section 170(b)(1)(A)(vi) and (viii), and has been determined not to be a 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 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. Part XI, Line 4b - Other Adjustments: Designated funds recorded in revenue as contributions on Form 990 6,554,433. Interest income on designated funds recorded as revenue on Form 990 45,462. TR net asset contributions recorded as contributions on Form 990 11,300. Part XII, Line 4b - Other Adjustments: Designated endowment expenses recorded in functional expeses on Form 990 17,479. 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. Jerome G. Hanus and Rick Runde have a business relationship. Most. Rev. Michael Jackels and Rick Runde have a business relationship. 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 15a An annual evaluation of the President is conducted by independent persons. Comparability data is used in determining the President's compensation and approval is required by the Executive Committee. The process and determination is documented in the minutes. There are no other officers of the 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.