THE CATHOLIC FOUNDATION OF NORTH GEORGIA INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- THE CATHOLIC FOUNDATION OF NORTH GEORGIA INC (EIN 58-2008930)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-03-21
- IRS object ID
- 201210819349300221
- Schema version
- 2010v3.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-03-21T12:50:55-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LANEY BOTELER & KILLINGER | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 ASHFORD CTR N STE 310 | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 303384862 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 582008930 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CATHOLIC FOUNDATION OF N GA INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | CATH | NameControl |
| Phone | 4044979440 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 780 JOHNSON FERRY ROAD SUITE 750 | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30342 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | NANCY COVENY | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 4044979440 | Phone |
| Date Signed | 2001-03-05 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | GARY H BOTELER | Name |
| Phone | 7703948000 | Phone |
| Date Prepared | 2012-03-01 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | NANCY COVENY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 780 JOHNSON FERRY ROAD SUITE 750 | AddressLine1 |
| City | ATLANTA | City |
| State | GA | State |
| ZIP Code | 30342 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 50701749 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.CFNGA.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1992 | YearFormation |
| State Legal Domicile | GA | StateLegalDomicile |
| Activity Or Mission Description | THE MISSION OF THE FOUNDATION IS TO SUPPORT THE MINISTRIES OF THE CATHOLIC COMMUNITY THROUGH THE EFFECTIVE LONG-TERM FINANCIAL MANAGEMENT OF ENDOWMENT FUNDS AND THE ENCOURAGEMENT OF STEWARDSHIP. ONE OF THE PRIMARY WAYS IN WHICH WE ACCOMPLISH OUR MISSION IS BY RECEIVING AND HOLDING ENDOWMENT FUNDS. THE INCOME EARNED ON ENDOWMENT FUNDS IS USED TO PROVIDE GRANTS TO SUPPORT THE MINISTRIES OF THE CATHOLIC COMMUNITY. OUR 2010 TOTAL CONTRIBUTIONS OF 2,578,987 INCLUDED CONTRIBUTIONS OF 1,811,649 FOR ENDOWMENT FUNDS. ALTHOUGH THE CONTRIBUTION TO ENDOWMENT FUNDS WE RECEIVED ARE REPORTED AS REVENUE, THE ENDOWMENT PRINCIPAL IS RESTRICTED AND CANNOT BE USED FOR GRANTS OR OPERATING EXPENSES. OUR TOTAL 2010 UNRESTRICTED CONTRIBUTIONS WERE 767,338, COMPARED TO OUR GRANTS (419,104) AND OPERATING EXPENSES(509,940) WHICH TOTALED 929,044. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 21 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 4 | TotalNbrEmployees |
| Total Nbr Volunteers | 26 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 14093956 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2578987 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 15463 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 20159 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 399861 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2230381 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 14509280 | TotalRevenuePriorYear |
| Total Revenue Current Year | 4829527 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 583882 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 419104 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 299534 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 314645 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 96806 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 146262 | OtherExpensePriorYear |
| Other Expenses Current Year | 195295 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1029678 | TotalExpensesPriorYear |
| Total Expenses Current Year | 929044 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 13479602 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 3900483 | RevenuesLessExpensesCY |
| Total Assets BOY | 28905193 | TotalAssetsBOY |
| Total Assets EOY | 35438670 | TotalAssetsEOY |
| Total Liabilities BOY | 5097612 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 6306905 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 23807581 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 29131765 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF THE FOUNDATION IS TO SUPPORT THE MINISTRIES OF THE CATHOLIC COMMUNITY THROUGH THE EFFECTIVE LONG-TERM FINANCIAL MANAGEMENT OF ENDOWMENT FUNDS AND THE ENCOURAGEMENT OF STEWARDSHIP. ONE OF THE PRIMARY WAYS IN WHICH WE ACCOMPLISH OUR MISSION IS BY RECEIVING AND HOLDING ENDOWMENT FUNDS. THE INCOME EARNED ON ENDOWMENT FUNDS IS USED TO PROVIDE GRANTS TO SUPPORT THE MINISTRIES OF THE CATHOLIC COMMUNITY. OUR 2010 TOTAL CONTRIBUTIONS OF 2,578,987 INCLUDED CONTRIBUTIONS OF 1,811,649 FOR ENDOWMENT FUNDS. ALTHOUGH THE CONTRIBUTION TO ENDOWMENT FUNDS WE RECEIVED ARE REPORTED AS REVENUE, THE ENDOWMENT PRINCIPAL IS RESTRICTED AND CANNOT BE USED FOR GRANTS OR OPERATING EXPENSES. OUR TOTAL 2010 UNRESTRICTED CONTRIBUTIONS WERE 767,338, COMPARED TO OUR GRANTS (419,104) AND OPERATING EXPENSES(509,940) WHICH TOTALED 929,044. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 588092 | Expense |
| Grants | 419104 | Grants |
| Description | PROVIDE GRANTS TO SUPPORT THE WORK OF THE CHURCHES, SCHOOLS, MINISTRIES, AND NONPROFITS IN THE GEOGRAPHIC AREA OF THE ARCHDIOCESE. PUBLICIZED GRANT OPPORTUNITIES AND AWARDS, RESULTING IN MORE APPLICATIONS AND GRANTS TO MORE ORGANIZATIONS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 32672 | Expense |
| Description | 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. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 32671 | Expense |
| Revenue | 20159 | Revenue |
| Description | 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 CUSTODIAN OF INVESTMENT FUNDS FOR OTHER NONPROFIT ORGANIZATIONS. FOR BOTH ENDOWMENT AND CUSTODIAN FUNDS, THE FOUNDATION UTILIZES PROFESSIONAL INVESTMENT MANAGERS AND OFFERS DIFFERENT INVESTMENT STRATEGIES. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS OTHER PROGRAM SERVICES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 653435 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | true | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | false | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 3 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 4 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 21 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARCHDIOCESE OF ATLANTA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 4049207400 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2401 LAKE PARK DRIVE SE | AddressLine1 |
| City | SMYRNA | City |
| State | GA | State |
| ZIP Code | 30080 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (23 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| MSGR JOSEPH CORBETT | ||||||
| DIRECTOR | 0.25 | X | 0 | 39257 | 51842 | |
| FR PETER RAU | ||||||
| DIRECTOR | 0.25 | X | 0 | 37082 | 31543 | |
| MOST REV WILTON D GREGORY | ||||||
| DIRECTOR | 0.25 | X | 0 | 36187 | 30686 | |
| MONSIGNOR EDWARD DILLON | ||||||
| DIRECTOR | 0.25 | X | 0 | 33725 | 30110 | |
| ALAN S NEELY | ||||||
| DIRECTOR | 0.25 | X | 0 | 0 | 0 | |
| CLARENCE H SMITH | ||||||
| DIRECTOR | 0.25 | X | 0 | 0 | 0 | |
| DAVID P FITZGERALD | ||||||
| DIRECTOR | 0.25 | X | 0 | 0 | 0 | |
| JAMES E WINCHESTER JR | ||||||
| DIRECTOR | 0.25 | X | 0 | 0 | 0 | |
| JEAN BRANNAN | ||||||
| DIRECTOR | 0.25 | X | 0 | 0 | 0 | |
| JEFFREY K HAIDET | ||||||
| DIRECTOR | 0.25 | X | 0 | 0 | 0 | |
| JOSEPH MA LEDLIE | ||||||
| DIRECTOR | 0.25 | X | 0 | 0 | 0 | |
| JUANITA P BARANCO | ||||||
| SECRETARY | 1.00 | X | 0 | 0 | 0 | X |
| MARK CHRISTOPHER | ||||||
| TREASURER | 1.00 | X | 0 | 0 | 0 | X |
| MARY HUMANN JUDSON | ||||||
| DIRECTOR | 0.25 | X | 0 | 0 | 0 | |
| MICHAEL L KEOUGH | ||||||
| CHAIR | 1.00 | X | 0 | 0 | 0 | X |
| MICHAEL W TRAPP | ||||||
| DIRECTOR | 0.25 | X | 0 | 0 | 0 | |
| TIMOTHY CAMBIAS SR | ||||||
| DIRECTOR | 0.25 | X | 0 | 0 | 0 | |
| VICTOR I SANCHEZ | ||||||
| DIRECTOR | 0.25 | X | 0 | 0 | 0 | |
| WILLIAM M RICH | ||||||
| VICE CHAIR | 1.00 | X | 0 | 0 | 0 | X |
| WILLIAM R CORTEZ | ||||||
| DIRECTOR | 0.25 | X | 0 | 0 | 0 | |
| H HAMILTON SMITH | ||||||
| DIRECTOR | 0.25 | X | 0 | 0 | 0 | |
| NANCY COVENY | ||||||
| EXEC. DIRECT | 40.00 | 111735 | 0 | 16991 | X | |
| DIANE DUQUETTE | ||||||
| DIR - PLANNE | 40.00 | 80879 | 0 | 15507 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 192614 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 146251 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 176679 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Related Organizations | 633336 | RelatedOrganizations |
| All Other Contributions | 1945651 | AllOtherContributions |
| Total Contributions | 2578987 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FUND MANAGEMENT FEES | Description |
| Business Code | 523920 | BusinessCode |
| Total Revenue Column | 20159 | TotalRevenueColumn |
| Related Or Exempt Function Income | 20159 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 20159 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 456618 | TotalRevenueColumn |
| Related Or Exempt Function Income | 456618 | RelatedOrExemptFunctionIncome |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 47645985 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 45872222 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1773763 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1773763 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1773763 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4829527 | TotalRevenueColumn |
| Related Or Exempt Function Income | 2250540 | RelatedOrExemptFunctionIncome |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 419104 | Total |
| Program Services | 419104 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 238372 | Total |
| Program Services | 143024 | ProgramServices |
| Management And General | 47674 | ManagementAndGeneral |
| Fundraising | 47674 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 47382 | Total |
| Program Services | 28430 | ProgramServices |
| Management And General | 9476 | ManagementAndGeneral |
| Fundraising | 9476 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8795 | Total |
| Program Services | 5277 | ProgramServices |
| Management And General | 1759 | ManagementAndGeneral |
| Fundraising | 1759 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1233 | Total |
| Program Services | 739 | ProgramServices |
| Management And General | 247 | ManagementAndGeneral |
| Fundraising | 247 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18863 | Total |
| Program Services | 11317 | ProgramServices |
| Management And General | 3773 | ManagementAndGeneral |
| Fundraising | 3773 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18166 | Total |
| Management And General | 9083 | ManagementAndGeneral |
| Fundraising | 9083 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29571 | Total |
| Management And General | 29571 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31621 | Total |
| Management And General | 31621 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3670 | Total |
| Program Services | 3303 | ProgramServices |
| Management And General | 367 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32718 | Total |
| Program Services | 6543 | ProgramServices |
| Management And General | 19631 | ManagementAndGeneral |
| Fundraising | 6544 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 59494 | Total |
| Program Services | 35698 | ProgramServices |
| Management And General | 11898 | ManagementAndGeneral |
| Fundraising | 11898 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 988 | Total |
| Management And General | 988 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4230 | Total |
| Management And General | 2115 | ManagementAndGeneral |
| Fundraising | 2115 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6175 | Total |
| Management And General | 3088 | ManagementAndGeneral |
| Fundraising | 3087 | Fundraising |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2742 | Total |
| Management And General | 2742 | ManagementAndGeneral |
Other Expenses OtherExpenses (3 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|
| MISCELLANEOUS | 3287 | 3287 | |
| FEES AND DUES | 2300 | 1150 | 1150 |
| SUBSCRIPTIONS | 333 | 333 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 929044 | Total |
| Program Services | 653435 | ProgramServices |
| Management And General | 178803 | ManagementAndGeneral |
| Fundraising | 96806 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 267406 | BOY |
| EOY | 172684 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14000 | BOY |
| EOY | 1400 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 4869 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 29149 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 5847 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21094 | BOY |
| EOY | 23302 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20950521 | BOY |
| EOY | 35226567 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7652172 | BOY |
| EOY | 9848 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28905193 | BOY |
| EOY | 35438670 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 43350 | BOY |
| EOY | 65975 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4960124 | BOY |
| EOY | 4868437 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 94138 | BOY |
| EOY | 1372493 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5097612 | BOY |
| EOY | 6306905 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3635502 | BOY |
| EOY | 4869250 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2029016 | BOY |
| EOY | 5088333 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 18143063 | BOY |
| EOY | 19174182 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23807581 | BOY |
| EOY | 29131765 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28905193 | BOY |
| EOY | 35438670 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 3900483 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 1423701 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2948 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 77129 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 533951 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4351154 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1325086 | CurrentTaxYear |
| Total | 6290268 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2948 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 77129 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 533951 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 4351154 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1325086 | CurrentTaxYear |
| Total | 6290268 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 49640 | AmountsSubstContributorsTotal |
| Public Support Total170 | 6240628 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 212442 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 194746 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 205109 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 158840 | CurrentTaxYearMinus1Year |
| Current Tax Year | 456618 | CurrentTaxYear |
| Total | 1227755 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 7518023 | TotalSupport |
| Gross Receipts From Admissions Etc | 35747 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.83010 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.82860 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
| General Explanation | DURING THE FISCAL YEAR ENDED 06/30/11, THE FOUNDATION RECEIVED TWO UNUSUAL GRANTS IN THE AMOUNTS OF 688,696 AND 565,205. | GeneralExplanation |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 3 | NumberDAFsHeld |
| Donor Advised Contributions | 615422 | DonorAdvisedContributions |
| Grants Paid From Donor Funds | 98250 | GrantsPaidFromDonorFunds |
| Aggregate DAF Value | 2544967 | AggregateDAFValue |
| Disclosed Orgs Legal Control | true | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | true | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 23324828 | BeginningOfYearBalance |
| Contributions | 2483767 | Contributions |
| Investment Earnings Or Losses | 3654081 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 419104 | GrantsOrScholarships |
| Other Expenditures | 170725 | OtherExpenditures |
| Administrative Expenses | 174311 | AdministrativeExpenses |
| End Of Year Balance | 28698536 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9384531 | BeginningOfYearBalance |
| Contributions | 13927074 | Contributions |
| Investment Earnings Or Losses | 1001124 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 583882 | GrantsOrScholarships |
| Other Expenditures | 230000 | OtherExpenditures |
| Administrative Expenses | 174019 | AdministrativeExpenses |
| End Of Year Balance | 23324828 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12142762 | BeginningOfYearBalance |
| Contributions | 376798 | Contributions |
| Investment Earnings Or Losses | -2280534 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 220230 | GrantsOrScholarships |
| Other Expenditures | 500000 | OtherExpenditures |
| Administrative Expenses | 134265 | AdministrativeExpenses |
| End Of Year Balance | 9384531 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.15530 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.84470 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 7804 | OtherCostOrOtherBasis |
| Depreciation | 1755 | Depreciation |
| Book Value | 6049 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 14745 | OtherCostOrOtherBasis |
| Depreciation | 2772 | Depreciation |
| Book Value | 11973 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6600 | OtherCostOrOtherBasis |
| Depreciation | 1320 | Depreciation |
| Book Value | 5280 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 23302 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| BENEFICIARY ENDOWMENTS | $1,324,133 |
| CHARITABLE GIFT ANNUITY PAYABLE | $48,360 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 1372493 | TotalOfAmounts |
| Total Revenue | 4829527 | TotalRevenue |
| Total Expenses | 929044 | TotalExpenses |
| Excess Or Deficit For Year | 3900483 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 1423701 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 1423701 | TotalAdjustments |
| Excess Or Deficit Per FS | 5324184 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6343304 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 1423701 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 90076 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 1513777 | RevenueNotRptdF990 |
| Revenue Subtotal | 4829527 | RevenueSubtotal |
| Total Revenue Per Form990 | 4829527 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1019120 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 90076 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 90076 | ExpensesNotRptdF990 |
| Expenses Subtotal | 929044 | ExpensesSubtotal |
| Total Expenses Per Form990 | 929044 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ESCROW LIABILITY ARRANGEMENT EXPLANATION | SCHEDULE D, PAGE 2, PART IV, LINE 2B | DURING 2009, THE FOUNDATION BEGAN MANAGING 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. |
| INTENDED USES FOR ENDOWMENT FUNDS | SCHEDULE D, PAGE 2, PART V, LINE 4 | ENDOWMENT FUNDS ARE INTENDED TO PROVIDE VARIOUS SUPPORT, THROUGH ANNUAL GRANTS AND DISTRIBUTIONS, TO CHURCHES, SCHOOLS, MINISTRIES, AND NONPROFIT ORGANIZATIONS IN ACCORDANCE WITH THE DONORS' INTENSIONS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (10 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| ARCHDIOCESE OF ATLANTA | |||||||
| 2401 LAKE PARK DRIVE SE | SMYRNA | GA | 30082 | 580677170 | 501 | 35000 | CATHOLIC COME HOME |
| CATHOLIC CHARITIES ATLANTA | |||||||
| 680 W PEACHTREE ST NW | ATLANTA | GA | 303081984 | 581097003 | 501 | 12500 | FAMILY STABILIZATION |
| SOPHIA ACADEMY | |||||||
| 2880 DRESDEN DRIVE | ATLANTA | GA | 30341 | 582448273 | 501 | 10000 | NEW BUILDING |
| CHRIST THE KING SCHOOL | |||||||
| 46 PEACHTREE WAY NE | ATLANTA | GA | 30305 | 582495851 | 501 | 6500 | NEW WINDOWS |
| IGNATIUS HOUSE | |||||||
| 6700 RIVERSIDE DRIVE NW | ATLANTA | GA | 30328 | 580862903 | 501 | 6000 | IGNATIUS SPIRITUAL |
| ST JOSEPH CATHOLIC SCHOOL | |||||||
| 81 LACY STREET | MARIETTA | GA | 30060 | 580665896 | 501 | 6000 | SMART BOARD |
| CATHEDRAL OF CHRIST THE KING | |||||||
| 2699 PEACHTREE ROAD NE | ATLANTA | GA | 303059776 | 580644901 | 501 | 10000 | GENERAL OPERATION |
| BASILICA OF SACRED HEART OF JESUS | |||||||
| 353 PEACHTREE STREET NE | ATLANTA | GA | 30308 | 580566233 | 501 | 50000 | CAPITAL CAMPAIGN |
| MERCY CARE | |||||||
| 5673 PEACHTREE DUNWOODY RD STE 650 | ATLANTA | GA | 30342 | 581448522 | 501 | 7000 | GENERAL OPERATION |
| WOODRUFF ARTS CENTER | |||||||
| 1280 PEACHTREE STREET NE | ATLANTA | GA | 30309 | 580633971 | 501 | 5250 | MUSEUM AND SYMPHONY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 10 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES | SCHEDULE I, PAGE 1, PART I, LINE 2 | GRANT APPLICANTS NEED TO FILL OUT THE GRANT APPLICATION FORMS AND FOLLOW THE GUIDELINES. GRANT COMMITTEE REVIEWS ALL THE GRANTS AND ALSO ENSURES IT MEETS THE REPORTING REQUIREMENT. |
| ADDITIONAL INFORMATION | SCHEDULE I, PAGE 4, PART IV | SCH I, PART II, LINE 1, COLUMN (H): NAME OF ORGANIZATION OR GOVERNMENT: ARCHDIOCESE OF ATLANTA (H) PURPOSE OF GRANT OR ASSISTANCE: SUPPORT THE CATHOLICS COME HOME CAMPAIGN NAME OF ORGANIZATION OR GOVERNMENT: CATHOLIC CHARITIES OF ATLANTA (H) PURPOSE OF GRANT OR ASSISTANCE: SUPPORT THE FAMILY STABILIZATION PROGRAM NAME OF ORGANIZATION OR GOVERNMENT: SOPHIA ACADEMY (H) PURPOSE OF GRANT OR ASSISTANCE: ASSIST WITH NEW BUILDING NAME OF ORGANIZATION OR GOVERNMENT: CHRIST THE KING SCHOOL (H) PURPOSE OF GRANT OR ASSISTANCE: PURCHASE NEW WINDOWS FOR THE BUILDING ON THE SCHOOL CAMPUS NAME OF ORGANIZATION OR GOVERNMENT: IGNATIUS HOUSE (H) PURPOSE OF GRANT OR ASSISTANCE: SUPPORT THE IGNATIUS SPIRITUALITY PROJECT NAME OF ORGANIZATION OR GOVERNMENT: ST. JOSEPH CATHOLIC SCHOOL (H) PURPOSE OF GRANT OR ASSISTANCE: PURCHASE INTERACTIVE SMART BOARDS |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | THE MISSION OF THE FOUNDATION IS TO SUPPORT THE MINISTRIES OF THE CATHOLIC COMMUNITY THROUGH THE EFFECTIVE LONG-TERM FINANCIAL MANAGEMENT OF ENDOWMENT FUNDS AND THE ENCOURAGEMENT OF STEWARDSHIP. ONE OF THE PRIMARY WAYS IN WHICH WE ACCOMPLISH OUR MISSION IS BY RECEIVING AND HOLDING ENDOWMENT FUNDS. THE INCOME EARNED ON ENDOWMENT FUNDS IS USED TO PROVIDE GRANTS TO SUPPORT THE MINISTRIES OF THE CATHOLIC COMMUNITY. OUR 2010 TOTAL CONTRIBUTIONS OF 2,578,987 INCLUDED CONTRIBUTIONS OF 1,811,649 FOR ENDOWMENT FUNDS. ALTHOUGH THE CONTRIBUTION TO ENDOWMENT FUNDS WE RECEIVED ARE REPORTED AS REVENUE, THE ENDOWMENT PRINCIPAL IS RESTRICTED AND CANNOT BE USED FOR GRANTS OR OPERATING EXPENSES. OUR TOTAL 2010 UNRESTRICTED CONTRIBUTIONS WERE 767,338, COMPARED TO OUR GRANTS (419,104) AND OPERATING EXPENSES(509,940) WHICH TOTALED 929,044. |
| ALL OTHER ACHIEVEMENTS DESCRIPTION | FORM 990, PAGE 2, PART III, LINE 4D | MISCELLANEOUS OTHER PROGRAM SERVICES. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | 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. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | EACH BOARD MEMBER MUST FILL OUT THE FORM TO DISCLOSE ANY CONFLICT EACH YEAR. 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. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | THE EXECUTIVE COMMITTEE DETERMINED THE COMPENSATION OF THE EXECUTIVE DIRECTOR UTILIZING COMPARABILITY DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | 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. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| ADDITIONAL INFORMATION | FORM 990, PART VII | COMPENSATION REPORTED FOR ARCHBISHOP WILTION D. GREGORY, MSGR. EDWARD DILLION, MSGR. JOE CORBETT AND FR. PETER RAU IS PAID BY THE ARCHDIOCESE OF ATLANTA, WHICH IS A RELATED ORGANIZATION. |
| OTHER CHANGES IN NET ASSETS EXPLANATION | FORM 990, PART XI, LINE 5 | OTHER INCREASE IN NET ASSETS OF 1,423,701 IS THE TOTAL UNREALIZED GAIN ON ALL INVESTMENTS FOR FISCAL YEAR ENDED 06/30/11. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARCHDIOCESE OF ATLANTA | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2401 LAKE PARK DRIVE SE | AddressLine1 |
| City | SMYRNA | City |
| State | GA | State |
| ZIP Code | 30080 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 580677170 | EIN |
| Primary Activities | DIOCESE | PrimaryActivities |
| Legal Domicile State | GA | LegalDomicileState |
| Exempt Code Section | 501C3 | ExemptCodeSection |
| Public Charity Status | 1 | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | false | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| ARCHDIOCESE OF ATLANTA | |
| C | 633336 |
| ARCHDIOCESE OF ATLANTA | |
| O | 60196 |
Form990 Schedule R Part VII Form990ScheduleRPartVII (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| GROUP EXEMPTION RELATIONSHIPS | SCHEDULE R | 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 |
| ADDITIONAL INFORMATION | SCHEDULE R | 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 WERE DISCLOSED ON SCHEDULE I SCHEDULE R PART V LINE 1C FOUNDATION RECEIVES DONATIONS FROM ARCHDIOCESE OF ATLANTA DURING THE FISCAL YEAR 125025 WAS USED FOR PLANNED GIFT GIVING AND 508311 WAS TO SET UP VARIOUS ENDOWMENT FUNDS SCHEDULE R PART V LINE 1O FOUNDATION REIMBURSES THE ARCHDIOCESE OF ATLANTA FOR EMPLOYEE HEALTH RETIREMENT AND OTHER SIMILAR OPERATING EXPENSES |
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