2011-05-13T14:37:35-05:00 2010-06-30 BAKER NEWMAN & NOYES PO BOX 507 PORTLAND ME 04112 990 2009-07-01 770612679 The Catholic Foundation of Maine CATH 2073217820 PO Box 799 Portland ME 04104 David Twomey 2073217820 2011-05-13 1 E Drew Cheney 2078792100 2009 2016-02-24 21:20:13Z X Bishop Richard J Malone PO Box 799 Portland ME 04104 24020817 0 X www.catholicfoundationmaine.org X 2003 ME To provide support to the Catholic organizations in the State of Maine. 22 22 0 0 0 0 7835170 23878051 0 56185 142766 0 7891355 24020817 1253844 2580657 0 147310 0 0 379054 96727 480026 1497881 3060683 6393474 20960134 11068295 32138887 1463383 1283517 9604912 30855370 To provide Catholics with the opportunity to financially support the vitality of parishes and other catholic organizations, institutions, and ministries within the State of Maine now and in the future. 0 0 2580657 2580657 Grants and scholarships made to individuals, high schools, and parishes 2580657 1 1 0 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 22 22 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 ME X David Twomey 2073217820 PO Box 799 Portland ME 04104 Bishop Richard J Malone 1.00 X X 0 0 0 Patricia Collins 1.00 X X 0 0 0 Scott Johnson 1.00 X X 0 0 0 David Twomey 1.00 X X 0 0 0 Cynthia Murray-Beliveau 1.00 X X 0 0 0 Robert Danielson 1.00 X 0 0 0 John Diamond 1.00 X 0 0 0 Msgr Andrew Dubois 1.00 X 0 0 0 Walter Elish 1.00 X 0 0 0 MaryEllen Fitzgerald 1.00 X 0 0 0 Dolores Foster 1.00 X 0 0 0 Kevin Gildart 1.00 X 0 0 0 Michael Girardin 1.00 X 0 0 0 Ralph Good 1.00 X 0 0 0 Thomas Gruber 1.00 X 0 0 0 Richard LeBlanc 1.00 X 0 0 0 Martha Muldoon 1.00 X 0 0 0 David Putnam 1.00 X 0 0 0 Rev John Skehan 1.00 X 0 0 0 Frank Toole 1.00 X 0 0 0 Daniel Wellehan 1.00 X 0 0 0 Mariellen Whelan 1.00 X 0 0 0 Christopher Reilly 40.00 X 40384 0 4699 40384 0 4699 0 0 0 0 0 23878051 88612 23878051 142766 142766 24020817 0 0 142766 2580657 2580657 43775 43775 8871 6721 2150 98651 2444 96207 4782 1037 3745 2118 2118 12596 12596 Expenses to Diocese 302137 27551 274586 Miscellaneous 5623 4730 893 Prov. for Pledge Losses 1473 1473 3060683 2580657 100972 379054 125055 133345 912992 3707444 6567134 23354903 3463114 4943195 11068295 32138887 21982 16094 425883 471143 1015518 796280 1463383 1283517 X -1064534 -869948 2426772 7705774 8242674 24019544 9604912 30855370 11068295 32138887 X 0 1 1 X 0 X 542766 1208578 879360 7835170 23878051 34343925 542766 1208578 879360 7835170 23878051 34343925 306255 34037670 19723 40124 84514 56185 142766 343312 34687237 0.98130 0.87550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 7556965 15776870 337081 61701 23609215 4089043 4096528 -584087 44519 7556965 0.00000 0.99930 0.00070 0 0 0 24020817 3060683 20960134 290324 290324 21250458 24267366 290324 290324 23977042 43775 43775 24020817 3016908 0 3016908 43775 43775 3060683 Part IV, Line 2b: The Organization holds, invests, and reports on funds owned by Catholic Charities of Maine. Part V, Line 4: Description of Intended Use of Endowment Funds: Endowment funds are part of the Organization's capital campaign. 1 All Saints Parish 132 McKeen Street Brunswick ME 04011 010212546 501(c)3 347316 General purposes of parish, as directed by donors to recent capital campaign St Anthony Parish PO Box 457 Greenville ME 04441 010212546 501(c)3 74085 General purposes of parish, as directed by donors to recent capital campaign St Gregory Parish PO Box 345 Gray ME 04039 010212546 501(c)3 7251 General purposes of parish, as directed by donors to recent capital campaign St Philip Parish 271 Main Street Lyman ME 04072 010212546 501(c)3 9350 General purposes of parish, as directed by donors to recent capital campaign St Therese of Lisieux Parish 66 North Avenue Sanford ME 04073 010212546 501(c)3 39389 General purposes of parish, as directed by donors to recent capital campaign Stella Maris Parish PO Box S Bucksport ME 04416 010212546 501(c)3 12112 General purposes of parish, as directed by donors to recent capital campaign St Raphael Parish 6 Whipple Road Kittery ME 03904 010212546 501(c)3 27353 General purposes of parish, as directed by donors to recent capital campaign St Joseph Parish 231 Main Street Ellsworth ME 04605 010212546 501(c)3 40690 General purposes of parish, as directed by donors to recent capital campaign St Mary Parish 112 Military Street Houlton ME 04730 010212546 501(c)3 25530 General purposes of parish, as directed by donors to recent capital campaign St Christopher Parish 6 whipple Road Kittery ME 03904 010212546 501(c)3 51097 General purposes of parish, as directed by donors to recent capital campaign St Bartholomew Parish 8 Two Lights Road Cape Elizabeth ME 04107 010212546 501(c)3 39024 General purposes of parish, as directed by donors to recent capital campaign Holy Family Parish PO Box 457 Greenville ME 04441 010212546 501(c)3 5376 General purposes of parish, as directed by donors to recent capital campaign Holy Martyrs Parish 266 Foreside Road Falmouth ME 04105 010212546 501(c)3 109520 General purposes of parish, as directed by donors to recent capital campaign Parish of the Precious Blood PO Box 625 Caribou ME 04736 010212546 501(c)3 73294 General purposes of parish, as directed by donors to recent capital campaign Notre Dame du Mont Carmel Parish PO Box 128 Madawaska ME 04756 010212546 501(c)3 41723 General purposes of parish, as directed by donors to recent capital campaign Sacred Heart Parish 326 Main Street Yarmouth ME 04096 010212546 501(c)3 55687 General purposes of parish, as directed by donors to recent capital campaign Roman Catholic Diocese of Portland PO Box 11559 Portland ME 04104 010212546 501(c)3 1528488 Grant to fund capital campaign expenses 17 0 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: The Organization only awards grants to qualifying 501(C)3 public charities, additional monitoring is not deemed necessary. X 17 88612 FMV 0 1 1 Third Party Use: Part I, Line 32b: The Organization sells contributions of securities through its investment broker. All gifts of securities are sold as soon as administratively possible. Form 990, Part VI, Section A, line 6 The Corporation is established by Corporators who together constitute the Board of Corporators. The Corporators shall consist of the individuals who from time to time hold the following positions: the Roman Catholic Bishop of Portland, the Vicar General of the Roman Catholic Diocese of Portland, the Chancellor of the Diocese, the Chair of the Council of Priests of the Diocese, the Chair of the Finance Council of the Diocese, and the Chair of the Pastoral Council of the Diocese. The Bishop shall always serve as the President of the Board of Corporators. No member of the Board of Corporators, except the Roman Catholic Bishop of Portland and any Coadjutor or Auxiliary Bishop, may serve as a trustee of the Foundation. Form 990, Part VI, Section A, line 7a The powers and duties of the board of corporators shall include the power to elect and remove members of the board of trustees of the Foundation. Form 990, Part VI, Section A, line 7b The following actions by the board of trustees is subject to the approval of the board of corporators: the appointment or termination of the executive director; recommendations of the board of trustees for distribution of unrestricted funds that vary from approved policy; and, recommendations of the board of trustees for any amendments to the Foundation's bylaws. Additionally, in the event of dissolution or liquidation of the Foundation's assets, the Catholic organization selected as beneficiary to the liquidation is subject to the approval of the board of corporators. Form 990, Part VI, Section B, line 11 The Form 990 is reviewed by the executive director and by the treasurer of the board before being submitted to the IRS. Form 990, Part VI, Section B, line 12c The executive director of the Organization annually collects from all trustees a questionnaire that gathers information on potential conflicts of interest. The conflict of interest policy prohibits any conflicts of interest that are not disclosed. Potential conflicts of interest that are discovered will be referred to the governance committee of the trustees for a decision on the appropriateness of the relevant activity(s) and the relevant trustee's continued tenure on the board. As of the time of this filing, no conflicts of interest have been discovered. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XI, Line 2C: Financial Statements and Reporting The audit process has not changed from the prior year. The Foundation has a finance/investment committee that reviews the audits and communicates with the independent auditors. Form 990, Part IX, Line 24C Reimbursed Expenses to the Diocese All employees of the Foundation are hired and paid through the Roman Catholic Diocese of Portland, an unrelated organization. The Foundation reimburses the Diocese for salaries, benefits and payroll taxes paid to individuals who work for the Foundation. As a result, no salaries or benefits are being expensed on Part IX, lines 5-10.