2013-11-11T16:37:24-06:00 2012-12-31 BKD LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2012-01-01 841481641 The Catholic Foundation No Colorado % THE ORGANIZATION CATH 3034689885 3801 EAST FLORIDA AVE Suite 725 DENVER CO 80210 Deacon Steven Stemper 3034689885 2013-11-15 true 7194714290 2012 2016-02-25 16:41:14Z STEVEN STEMPER 3801 EAST FLORIDA AVE STE 725 DENVER CO 80210 130299491 false X WWW.THECATHOLICFOUNDATION.COM X 1998 CO THE CATHOLIC FDN, AN INDEPENDENT COMMUNITY FDN, INSPIRES CHARITABLE GIVING & PLANNING THAT SPREADS THE GOSPEL, TEACHES OUR CHILDREN, PREPARES OUR PRIESTS, CARES FOR OUR POOR & STRENGTHENS OUR PARISHES. 22 22 10 25 409427 6002246 32692933 0 0 3462018 10429149 0 0 9464264 43122082 5984191 5219510 0 0 673775 797268 407500 2190110 3040505 1223492 1549533 8288958 9756421 1175306 33365661 97820106 125916457 22721613 20220115 75098493 105696342 X The Foundation is called by Jesus Christ: To promote the mission of the Church in northern Colorado by encouraging financial stewardship; To faithfully steward and distribute funds entrusted to the Foundation; And to cooperate with Parishes and other catholic organizations to develop additional resources and support. false false 987879 949906 THE CATHOLIC FOUNDATION SUPPORTS THE PREPARATION OF PRIESTS THROUGH GRANTS, SUPPORTING THE OPERATIONS AND NEEDS OF ST. JOHN VIANNEY THEOLOGICAL SEMINARY AND REDEMPTORIS MATER MISSIONARY SEMINARIES. 1342796 1291180 COMMITTED TO TEACHING OUR CHILDREN, THE CATHOLIC FOUNDATION AWARDS GRANTS TO CATHOLIC SCHOOLS ACROSS NORTHERN COLORADO TO BENEFIT SCHOLARSHIP PROGRAMS, PROVIDE TUITION ASSISTANCE, AND ENABLE THE SCHOOLS TO PROVIDE A JUST WAGE TO THEIR TEACHERS. 1811528 1741895 THROUGH THE FUNDING OF RELIGIOUS EDUCATION, CATECHIST TRAINING, AND CURRICULUM DEVELOPMENT, THE FOUNDATION HELPS SPREAD THE GOSPEL. 1285960 1236529 SEE DETAIL ON ATTACHMENT 1 SCH O 1285960 1236529 5428163 true true false false false true false false false true true true false false true false true false false false true true false true false false false true false true false false false false false false false false true false false false true false false false false true X 8 0 true 10 true true true true CJ VI false false false false false false false false false false false X 22 22 false false true false false false false true true false false true true true true true false true true false X THE ORGANIZATION 3034689885 3801 EAST FLORIDA AVENUE STE 725 DENVER CO 80210 Nancy Bauman 1.0 X Sam Perry 1.0 X REV MSGR THOMAS S FRYAR VG 1.0 X THOMAS D HUELE 2.0 X X LOU JAHDE 1.0 X KEVIN KOPP 1.0 X SONNY LUBICK 1.0 X TERRY POLAKOVIC 1.0 X Joe Talarico 1.0 X Fran Combs 1.0 X Mark Salvato 1.0 X Marguerite Hunter 1.0 X Suzan Lavelle 1.0 X Tony Church 2.0 X X Michael Jansen 1.0 X James Kontny 1.0 X William Leer 1.0 X Edward Routzon 1.0 X Robert Zarlengo 1.0 X X Steve Markel 2.0 X Michaelann Martin 1.0 X Archbishop Samuel J Aquila 1.0 X Bishop James Conley STL 1.0 X William Wagner 1.0 X Gerald Laber 30.0 X 135262 0 21885 Steven Stemper 40.0 X 30804 5707 Dave Fantz 40.0 X 73644 40536 239710 0 68128 1 false true false COMMUNITY COUNSELING SVC CO LLC PO BOX 27462 NEW YORK NY 10087 FUNDRAISING 1991500 Premier Fulfillment 4841 Dillon Drive PUEBLO CO 81008 Caging & Lockbox 188058 Cahoots 6050 Greenwod Plaza Blvd No 110 GREENWOOD VILLAGE CO 80111 PR & Communications 109586 3 32692933 628158 32692933 0 609650 48343 561307 0 0 0 0 0 96996908 87177409 9819499 9819499 361084 9458415 0 0 0 0 43122082 409427 10019722 5069510 5069510 0 150000 150000 0 307837 307837 0 378662 296440 82222 21414 21414 45331 35488 9843 44024 34465 9559 0 58993 36171 22822 46195 46195 0 2190110 2190110 165671 165671 231476 12001 219475 207600 207600 79316 29447 49869 110845 30161 80684 0 30253 30253 109601 0 109601 0 11152 1256 9896 423525 208653 214872 0 11758 11758 8811 8811 GIFTS 3276 0 3276 0 MISCELLANEOUS 3829 2237 1592 DEVELOPMENT MARKETING 47232 47232 9756421 5428163 1287753 3040505 X 0 2316307 7046741 17797532 12946713 34135266 0 49120 0 0 0 0 0 0 0 0 15020 14260 521484 107248 27868 414236 17452122 46281751 60221642 24907985 0 0 0 0 110000 0 97820106 125916457 156382 268752 945661 1534775 0 59459 0 0 0 0 0 0 9508334 4187501 0 0 12111236 14169628 22721613 20220115 X 48040601 50084134 26822634 54938055 235258 674153 75098493 105696342 97820106 125916457 X 33365661 -2767812 X false true X true false X 7164455 2275075 1916257 6002246 32692933 50050966 0 0 7164455 2275075 1916257 6002246 32692933 50050966 6142261 43908705 703224 642801 504957 474541 609650 2935173 0 0 52986139 0.82868 0.57155 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35 1470869 4406218 34400583 true true 29563663 31090474 2588401 5122383 58120155 27672185 4122619 -147522 2083619 0 29563663 24598458 2074601 2833992 1834866 0 27672185 23805438 1465577 4579284 5232883 18958 24598458 25949769 7546732 -7134851 2556212 23805438 0.04315 0.01160 0.94525 false false 150000 150000 110000 0 110000 106799 0 106799 93659 56772 36887 61026 50476 10550 414236 ABSOLUTE RETURN 11443099 F HEDGED EQUITY 13442685 F AND OTHER 22201 F 24907985 0 INVESTMENTS HELD IN TRUST 11186613 ENDOWMENT 2983015 14169628 40188599 -2767812 -2767812 42956411 165671 165671 43122082 9590750 9590750 165671 165671 9756421 DESCRIBE THE INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS PART V, LINE 4 Temporarily restricted net assets are those whose use by the Foundation has been limited by donors to a specific time period or purpose. Permanently restricted net assets have been restricted by donors to be maintained by the Foundation in perpetuity. Endowments have been restricted for the use of the following: Caring for our poor, teaching our children, spreading the Gospel, strengthening our parishes, preparing our priests, and time restriction. ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS PART X, LINE 2 MANAGEMENT HAS EVALUATED ITS INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON ITS REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Sub-Saharan Africa Grantmaking 130000 South Asia Grantmaking 20000 Central America and the Caribbean Investments 25490181 25640181 25640181 Sub-Saharan Africa Caring Community 100000 check Sub-Saharan Africa Caring Community 30000 wire South Asia Caring Community 15000 check 3 false false true true false false Procedures for monitoring the use of grant funds outside the US Part I, Line 2 From the Foundation's Policy Statement Regarding International Grantmaking and the Making of Grants to Certain Other Organizations, Projects and Initiatives: Project Monitoring: The proposed project must include meaningful processes by which the committee or individual designated may assess the project in terms of meeting stated goals, including regular accounting for use of grant funds by the foreign organization recipient and possibly including field investigations after the grant is made. This corporation shall retain the right to withdraw approval of a grant and to receive a refund of any unexpended grant funds in the event that it is determined by said committee or individual that the project is not meeting its stated goals, or that any of the preconditions set forth in the grant are not being satisfied. Wherever feasible, grant funds will be released for specific projects on a "as needed" basis. DETAIL OF FOREIGN INVESTMENTS SCHEDULE F, PART I, LINE 3, COLUMN F FAIR MARKET VALUE OF INVESTMENTS 24,885,784 INVESTMENT MANAGEMENT FEES 604,397 TOTAL 25,490,181 X X true Community Counseling SVC CO LLC CAMPAIGN MGMT. false 28540159 1991500 26548659 28540159 1991500 26548659 CO true Abbey of St Walburga 32109 N US Highway 287 Virginia Dale CO 80536 840659341 501(C)(3) 32500 Spreading the Gospel Alternatives Pregnancy Center 1440 Blake St Suite 200 Denver CO 80202 742218129 501(C)(3) 10250 Caring Community Annunciation Catholic Church 3663 Humboldt St Denver CO 80205 840522064 501(C)(3) 26500 Caring Community Annunciation Catholic School 3536 Lafayette Street Denver CO 80205 840522064 501(C)(3) 123000 Teaching Children Archdiocese of Denver Mgmt Corp 1300 S Steele St Denver CO 80210 840499858 501(C)(3) 820329 Strengthen Parishes Arrupe Jesuit High School 4343 Utica st Denver CO 80212 020628872 501(C)(3) 30000 Teaching Children Assumption Catholic School 2341 E 78th Ave Denver CO 80229 840449275 501(C)(3) 50000 Teaching Children Augustine Institute 3001 S Federal Boulevard Denver CO 80236 202349108 501(C)(3) 161040 Spreading the Gospel Bishop Machebeuf High School 458 N Uinta way Denver CO 80230 841490220 501(C)(3) 168680 Teaching Children Blessed Sacrament Catholic School 1973 Elm St Denver CO 80220 840402673 501(C)(3) 40000 Teaching Children Capuchin Franciscan Friars Prov of Mid-America 3613 Wyandot Denver CO 80211 530196617 501(C)(3) 20000 Spreading the Gospel Cathedral of the Immaculate 1530 Logan St Denver CO 80203 840421938 501(C)(3) 25000 Strengthen Parishes Catholic Association of Latino Leaders Inc 2718 W Woodlawn Avenue San Antonio TX 78228 261135065 501(C)(3) 25000 Spreading the Gospel Catholic Biblical School of Michigan LTD 6466 Evangeline Dearborn Hgts MI 48127 841495066 501(C)(3) 25000 Spreading the Gospel Catholic Charities of Denver 4045 Pecos Street Denver CO 80211 840686679 501(C)(3) 319899 Caring Community Catholic Charities USA Relief Efforts PO Box 17066 Baltimore MD 21297 530196620 501(C)(3) 100000 Caring Community Catholic Leadership Institute 440 East Swedesford Road Wayne PA 19087 232661414 501(C)(3) 50000 Spreading the Gospel Catholic's Come Home Inc 560 W Crossville Road Roswell GA 30075 261102557 501(C)(3) 17500 Spreading the Gospel Centro San Juan Diego 1060 St Francis Way Denver CO 80204 840499858 501(C)(3) 68700 Spreading the Gospel Christ in the City 4039 Wyandot St Denver CO 80211 841362818 501(C)(3) 103025 Spreading the Gospel Christian Life Movement 1060 St Francis Way Denver CO 80204 841487058 501(C)(3) 34430 Spreading the Gospel Church of the Good Shepherd 2626 E 7th Ave Pkwy Denver CO 80206 840404921 501(C)(3) 15000 Strengthen Parishes Companions of Christ 1300 South Steele Street Denver CO 80210 261579250 501(C)(3) 10000 Spreading the Gospel Couple to Couple League International Inc PO Box 111184 Cincinnati OH 45211 310842914 501(C)(3) 10000 Spreading the Gospel Cross International 370 W Camino Gardens Blvd Boca Raton FL 33432 651156061 501(C)(3) 7500 Caring Community Dominican Sisters Home Hlth Agency Denver 2501 Gaylord Street Denver CO 80205 840567786 501(C)(3) 20250 Caring Community Dominican Sisters of Mary Mother of Eucharist 24 Frank Lloyd Wright Drive Ann Arbor MI 48106 383349686 501(C)(3) 10000 Spreading the Gospel Dominican Sisters of St Cecilia 801 Dominican Drive Nashville TN 37228 530196617 501(C)(3) 10000 Spreading the Gospel Domus Pacis Family Respite Inc PO Box 3366 Breckenridge CO 80424 260676451 501(C)(3) 6500 Caring Community ENDOW 1300 South Steele St Denver CO 80210 830362209 501(C)(3) 55000 Spreading the Gospel Escuela de Guadalupe 3401 Pecos Street Denver CO 80211 311652842 501(C)(3) 30000 Teaching Children Families of Character 5241 S Race St Littleton CO 80121 271083135 501(C)(3) 16200 Spreading the Gospel Father Woody's Haven of Hope 1101 W 7th Avenue Denver CO 80204 841479555 501(C)(3) 35000 Caring Community Fellowship of Catholic University Students 11990 Grant Street Denver CO 80233 841522811 501(C)(3) 194000 Spreading the Gospel Guardian Angels Catholic School 1843 W 52nd Ave Denver CO 80221 840518957 501(C)(3) 51000 Teaching Children HealthSET 4200 W Conejos Pl 436 Denver CO 80204 841102943 501(C)(3) 15000 Caring Community Holy Family High School 5195 West 144th aVe Broomfield CO 80020 841490222 501(C)(3) 12500 Teaching Children Holy Ghost Church 1900 California St Denver CO 80202 840402681 501(C)(3) 10000 Strengthen Parishes Lighthouse Women's Center 4240 E Plum Court Littleton CO 80121 352381151 501(C)(3) 5250 Caring Community Litttle Sisters of the Poor Mullen Home 3629 West 29th Street Denver CO 80211 840528531 501(C)(3) 15000 Caring Community Loras College 1450 Alta Vista St Dubuque IA 52001 420680412 501(C)(3) 25000 Spreading the Gospel Marian Community of Reconciliation 1060 St Francis Way Denver CO 80204 841487058 501(C)(3) 10000 Spreading the Gospel Marriage Missionaries 12577 N 2nd Street Parker CO 80134 364725687 501(C)(3) 43200 Spreading the Gospel Marycrest Assisted Living 2850 Columbine Road Denver CO 80221 262181659 501(C)(3) 15000 Caring Community National Catholic Bioethics Center 6399 Drexel Road Philadelphia PA 19151 042871526 501(C)(3) 64000 Teaching Children Our Lady of Lourdes School 2256 S Logan Street Denver CO 80210 840421979 501(C)(3) 30000 Teaching Children Our Lady of the Mountains Catholic Church PO Box 1706 Estes Park CO 80517 841481641 501(C)(3) 25000 Spreading the Gospel Papal Foundation 150 Monument Road Bala Cynwyd PA 19004 232511991 501(C)(3) 22729 Caring Community Providence Network 801 Logan Street Denver CO 80203 742505406 501(C)(3) 10000 Caring Community Queen of Peace Church 13120 E Kentucky Ave Aurora CO 80012 840591394 501(C)(3) 10000 Caring Community Regis Jesuit High School- Boys Division 6400 S Lewiston Way Aurora CO 80016 840791593 501(C)(3) 12500 Teaching Children Regis Jesuit High School - Girls Division 6300 S Lewiston Way Aurora CO 80016 840791593 501(C)(3) 37500 Teaching Children Sacred Heart Catholic Church 2760 Larimer Street Denver CO 80205 840405520 501(C)(3) 15000 Strengthen Parishes Saint Bernadette Catholic School 1100 Upham St Lakewood CO 80215 840431890 501(C)(3) 40000 Teaching Children Saint Catherine of Siena Parish-Denver 4200 Federal Blvd Denver CO 80211 840438235 501(C)(3) 10000 Teaching Children Saint Catherine of Siena School 4200 Federal Blvd Denver CO 80211 840438235 501(C)(3) 30000 Teaching Children Saint Clare of Assisi Parish 31622 Hwy 6 Edwards CO 81632 841237387 501(C)(3) 15000 Strengthen Parishes Saint Francis de Sales Catholic School 235 S Sherman St Denver CO 80209 840404268 501(C)(3) 61000 Teaching Children Saint James Catholic School 1250 Newport Street Denver CO 80220 840402708 501(C)(3) 40000 Teaching Children Saint John Vianney Theological Seminary 1300 South Steele St Denver CO 80210 841495066 501(C)(3) 984906 Preparing Priests Saint Louis Catholic Church 3310 South Sherman St Englewood CO 80113 840406817 501(C)(3) 93500 Teaching Children Saint Louis Catholic School 3301 S Sherman St Englewood CO 80110 840406817 501(C)(3) 40000 Teaching Children Saint Patrick Minturn (1913) 476 Pine Street Minturn CO 81645 840920669 501(C)(3) 100000 Strengthen Parishes Saint Rose of Lima Catholic School 1345 W Dakota Ave Denver CO 80223 840465591 501(C)(3) 30000 Teaching Children Saint Stephen Catholic School 414 South Hyland Park Drive Glenwood Spgs CO 81601 840539250 501(C)(3) 40000 Teaching Children Saint Therese Catholic School 1200 Kenton St Aurora CO 80010 840469539 501(C)(3) 70000 Teaching Children Saints Peter and Paul Catholic School 3920 Pierce St Wheatrdige CO 80030 840448043 501(C)(3) 20000 Teaching Children Seeds of Hope Charitable Trust 1300 S Steele St Denver CO 80210 841437053 501(C)(3) 61000 Teaching Children Society of St Vincent de Paul 2250 S Harrison Street Dener CO 80210 261102557 501(C)(3) 25000 Caring Community St John the Evangelist Catholic Parish 1515 Hilltop Road Loveland CO 80537 840409866 501(C)(3) 15000 Strengthen Parishes St Vincent de Paul Society Denver Metro Council 830 Elm Street Denver CO 80220 846032037 501(C)(3) 30000 Caring Community StThomas Aquinas Catholic Ctr 904 14th Street Boulder CO 80302 840430715 501(C)(3) 70000 Spreading the Gospel The Alpha Center 1212 S College Ave Ft Collins CO 80524 742481573 501(C)(3) 7500 Spreading the Gospel Thomas More College of Liberal Arts 6 Manchester Street Merrimack NH 03054 020344073 501(C)(3) 25000 Spreading the Gospel Wyoming Catholic College 163 Leedy Drive Lander WY 82520 830434307 501(C)(3) 110000 Spreading the Gospel 70 Procedures for Monitoring the use of grant funds to U.S. Sch. I, Part I, Question 2 Following approval of a grant, a grant award letter and general grant terms, conditions, and understandings, together with the award check is sent to each recipient. The grant award letter and terms and conditions (which together constitute the grant agreement) outline the specific award stipulations including the purpose for which the funds are to be used, the length of the grant period, and required expenditure reporting after the close of the grant period, if any. Grantee deposit of the award check indicates acceptance of the grant's terms and conditions, and affirm their tax-exempt status. The terms and conditions of accepting Foundation grant funds also require grant recipients to report any change to their tax exempt status during the grant term. Furthermore, recipients must submit written requests in advance to change the grant purpose or if the funds are unexpended within the grant period. X true true X X X false false false false false false false false true true Gerald Laber 135162 0 0 0 100 0 8100 0 13785 0 157147 0 0 0 Schedule J, Part I, Question 1a Health or Social Club Dues The Executive Development Director, Bud Laber, has a membership to a country club which is used primarily for business purposes. The Foundation reimburses Mr. Laber for the monthly dues. Any personal use is reported as income to Mr. Laber and included in his W-2. Personal use of approximately $100 was included in income for 2012. Schedule J, Part I, Questions 8 Initial Contract Exception Steven Stemper's 2012 compensation is covered by his initial contract of Novemeber 2012. Please see Schedule O for Part VI, Question 15a for more information. X 12 478158 SALES PRICE X 1 150000 APPRAISAL 1 false true false NON-CASH CONTRIBUTIONS SCHEUDLE M, LINE 9, COLUMN B THE NUMBER INDICATED IN COLUMN B IS THE TOTAL NUMBER OF CONTRIBUTIONS. DESCRIPTION OF OTHER PROGRAM SERVICES FORM 990, PART III, QUESTION 4D The Catholic Foundation cares for the community by making grants to charitable organizations helping to bring the light of Christ to the poor and broken in our world. Expenses of $923,527 including grants of $888,028. The Foundation strengthens parishes throughout northern Colorado, through grants providing operating support and capital needs. In addition, the Foundation assists in the establishment of Parish Funds to facilitate the Parish's planned giving efforts. Expenses of $362,433 including grants of $348,501. PROCESS TO REVIEW THE FORM 990 FORM 990, PART VI, QUESTION 11B The 990 is completed by the Foundation's tax firm , BKD, in cooperation with the Foundation's staff. The return is reviewed by management and then by the audit committee, and finally by the Board of Trustees. PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY FORM 990, PART VI, QUESTION 12C The Board of Trustees of the Catholic Foundation adopted a written conflict of interest policy on March 7, 2005. In addition to Trustees and Officers, the policy applies to all employees, committee members, and volunteers who may be in a position to exercise substantial influence over the affairs of the Foundation. The policy identifies and defines interested parties, the nature of potential conflicts, including use of confidential information for personal gain and a prohibition against loans by/to the Foundation to any Trustee or Officer as well as procedures for disclosure, review, and action on conflicts of interest as they arise. Additionally, the policy requires annual completion of a conflict of interest disclosure statement by those in a position to exercise substantial influence over the affairs of the Foundation. The conflict of interest policy together with the conflict of interest disclosure statement and gift policy and disclosure form are distributed annually to Officers, Trustees, and key employees. These individuals are asked to review the policy and complete and return both the conflict of interest disclosure statement and the gift policy and disclosure form. The Administrative Officer tracks responses and reviews the disclosures. WRITTEN DOCUMENT RETENTION & DESTRUCTION POLICY FORM 990, PART VI, QUESTION 14 The Foundation acknowledges the importance of retaining certain documents in accordance with standard requirements for operational and auditing purposes. A written document retention & destruction policy was adopted by the board of trustees on 9/18/13. REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION FORM 990, PART VI, QUESTION 15A Pursuant to I.R.C. 5498, compensation is independently determined by disinterested board members (i.e. the Chairman of the Board of Trustees in consultation with other trustees). In making this determination, the Chairman relies on appropriate comparability data and then documents the decision. In November 2012, the Board hired Deacon Steven Stemper as President and CEO of the Foundation. Tom Huele, Chairman of the Board of Trustees, was responsible for the drafting and review of the CEO employment agreement. Mr. Huele utilized the Bryan Cave law firm to assist in the process. Mr. Stemper's contract was negotiated and agreed to by the Executive Committee. REVIEW OF OTHER OFFICER OR KEY EMPLOYEES COMPENSATION FORM 990, PART VI, QUESTION 15B The compensation of other officers and key employees is determined by the President. In making this determination, the President relies on appropriate comparability data and documents the decision. GOVERNING DOCUMENTS MADE AVAILABLE TO THE PUBLIC FORM 990, PART XI, Question 19 The Foundation's governing documents, conflict of interest policy, and financial statements are available upon request. Additionally, the Foundation's Articles of Incorporation are available on the website of the Colorado Secretary of State. CHANGES TO ORGANIZATIONAL DOCUMENTS SINCE PRIOR 990 FORM 990, PART VI, QUESTION 4 The Bylaws have been amended to add a compensation committee, a real estate committee, and an oil, gas, and minerals committee. PROGRAM SERVICE EXPENSES FORM 990, PART IX, STATEMENT OF FUNCTIONAL EXPENSES In 2012, 56% of the Foundation's expenses were related to Program Expenses. This is a reduction from previous years as a result of the Foundation's decision to invest in fundraising expenses related to the New Harvest Seminary Campaign. These expenses accounted for 32% of the Foundation's expenses and produced over $26 million in revenues. The Foundation anticipates Program Expenses to be more in line with prior year percentages of 75% in future years. NON INTEREST BEARING CASH FORM 990, PART X, LINE 1 As of 12.31.12, the amount of funds anticipated to be disbursed in the short term were not invested in the investment portfolio but remained in a cash account. The expected short term disbursements were larger than in previous years as a result of the Seminary Construction Campaign which began in 2012. The funds were held in a non-interest bearing cash account in order to utilize the 2010 enacted legislation that the FDIC would fully insure all (even funds in excess of $250,000) noninterest -bearing accounts through December 31, 2012. THE CATHOLIC FDN REAL PROPERTY HOLDINGS 3801 E Florida Ave 725 Denver CO 80210 464051529 RE Holdings CO 150000 260000 catholic fdn