2011-11-08T13:32:24-06:00 2010-12-31 BKD LLP 111 South Tejon Suite 800 Colorado Springs CO 809039848 990 2010-01-01 841481641 The Catholic Foundation No Colorado CATH 3034689885 3801 EAST FLORIDA AVE DENVER CO 80210 GERALD J LABER 3034689885 2011-11-15 Rita F Worster CPA 7194714290 2010 2016-03-07 17:11:31Z THE CATHOLIC FDN OF NORTHERN COLO GERALD J LABER 3801 EAST FLORIDA AVE STE 725 DENVER CO 80210 18809776 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. 25 25 8 25 100960 -160604 2275075 1916257 0 0 2539195 1403320 0 0 4814270 3319577 8255747 5145849 0 0 643566 700517 0 0 64631 479126 964387 9378439 6810753 -4564169 -3491176 96328105 99895371 23067839 22583897 73260266 77311474 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 1043531 994307 THE CATHOLIC FOUNDATION PREPARES PRIESTS THROUGH GRANTS, SUPPORTING THE OPERATIONS AND NEEDS OF ST. JOHN VIANNEY THEOLOGICAL SEMINARY AND REDEMPTORIS MATER MISSIONARY SEMINARIES. 1465800 1396658 COMMITTED TO TEACHING OUR CHILDREN, THE CATHOLIC FOUNDATION AWARDS GRANTS TO CATHOLIC SCHOOLS ACROSS NORTHERN COLORADO TO BENEFIT SCHOLARSHIP PROGRAMS, PROVIDE INTERPARISH TUITION ASSISTANCE, AND ENABLE THE SCHOOLS TO PROVIDE A JUST WAGE TO THEIR TEACHERS. 1779496 1695557 THROUGH THE FUNDING OF RELIGIOUS EDUCATION, CATECHIST TRAINING, AND CURRICULUM DEVELOPMENT, THE FOUNDATION HELPS SPREAD THE GOSPEL. 1111770 1059327 SEE DETAIL ON ATTACHMENT 1 SCH O 1111770 1059327 5400597 true true false false true false false false true true true false false true false true false false false true true false false false false false true false true false false false false false false false false true false false false false false false false false false true X 5 0 true 8 true true true true CJ VI false false false false false false false false false false false X 25 25 false false false 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 X WAYNE MURDY 2.0 X X 0 0 0 WILLIAM FITZGERALD 2.0 X X 0 0 0 MARY GROVES ESQ 2.0 X X 0 0 0 SUZAN BOYD 1.0 X 0 0 0 ARCHBISHOP CHARLES J CHAPUT OFM 1.0 X 0 0 0 BISHOP JAMES CONLEY STL 1.0 X 0 0 0 REV MSGR THOMAS S FRYAR VG 1.0 X 0 0 0 THOMAS D HUELE 2.0 X X 0 0 0 LOU JAHDE 1.0 X 0 0 0 JOSEPH JANICZEK 1.0 X 0 0 0 KEVIN KOPP 1.0 X 0 0 0 SONNY LUBICK 1.0 X 0 0 0 DEBBIE O'DWYER 1.0 X 0 0 0 TERRY POLAKOVIC 1.0 X 0 0 0 KEN SCHULTZ 1.0 X 0 0 0 MATTHEW J TYNAN 1.0 X 0 0 0 JOE TALARICO 1.0 X 0 0 0 WILLIAM WAGNER 1.0 X 0 0 0 PAUL ZAKOVICH 1.0 X 0 0 0 FRAN COMBS 1.0 X 0 0 0 MARK SALVATO 1.0 X 0 0 0 MARGUERITE HUNTER 1.0 X 0 0 0 SUZAN LAVELLE 1.0 X 0 0 0 STEVE MARKEL 1.0 X 0 0 0 MICHAELANN MARTIN 1.0 X 0 0 0 GERALD LABER 40.0 X 139426 0 18427 MARY MORRONI 40.0 X 128054 0 12510 DAVE FANTZ 40.0 X 13345 0 6498 TAMMY MEIER 40.0 X 102415 0 28659 383240 0 66094 3 false true false 0 1916257 149398 1916257 0 543784 38827 504957 0 0 16349735 15490199 859536 859536 62133 797403 0 0 0 0 3319577 100960 1302360 5082899 5082899 0 62950 62950 0 449335 0 449335 0 0 171527 0 171527 0 9040 0 9040 0 30815 0 30815 0 39800 0 39800 0 0 17968 0 12712 5256 42500 0 42500 0 0 0 233869 0 233869 0 3789 0 3789 0 11327 0 0 11327 27031 0 24811 2220 14767 0 14767 0 0 33050 0 33050 7038 0 0 7038 0 9930 0 3350 6580 496424 254748 241676 0 0 18079 0 18079 0 11941 0 11941 0 GIFTS 1820 0 1820 0 MISCELLANEOUS 2644 0 2644 0 DEVELOPMENT MARKETING 32210 0 0 32210 6810753 5400597 1345525 64631 7598732 3056917 11518757 10631169 14627 15136 109362 78725 48716 30637 37078711 18017035 40068562 68144477 96328105 99895371 269421 184286 2326188 1014159 10525000 10016667 9947230 11368785 23067839 22583897 X 50169755 52147236 22897753 24928980 192758 235258 73260266 77311474 96328105 99895371 X -3491176 7542384 X false true true X false X 1012264 1296647 7164455 2275075 1916257 13664698 1012264 1296647 7164455 2275075 1916257 13664698 6666615 6998083 1219837 609836 703224 642801 504957 3680655 17345353 46275 0.40346 0.36706 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27 765814 4564373 34853620 true true 24598458 2581967 2833992 1834866 0 28179551 23805438 1465577 4579284 5232883 18958 24598458 25949769 7546732 -7134851 2556212 23805438 0.10700 0.00835 0.88465 false false 109362 78725 30637 30637 ABSOLUTE RETURN 27828817 F HEDGED EQUITY 13618942 F AND OTHER 22202 F INTERNATIONAL EQUITIES 9521530 F DOMESTIC EQUITIES 17152986 F 68144477 0 INVESTMENTS HELD IN TRUST 8726205 INVESTMENTS HELD AS AGENCY END 2642580 11368785 3319577 6810753 -3491176 7542384 0 0 0 0 7542384 4051208 10628092 7542384 0 0 0 7542384 3085708 233869 0 233869 3319577 6576884 0 0 0 0 0 6576884 233869 0 233869 6810753 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 LIBILITY FOR UNCERTAIN TAX POSITIONS PART X, LINE 2 MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true South America 0 0 Grantmaking N/A 51000 South Asia 0 0 Grantmaking N/A 11950 Central America and the Caribbean 0 0 Program Services PASSIVE INVESTMENTS 42430521 0 0 0 0 42493471 42493471 South Asia 11950 CHECK South America 41000 CHECK South America 10000 WIRE 3 0 false false false 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. Purpose of Grant Sch. F, Part II, Col. D Purpose of Grant: Funding for social services for the poor in India, for the formation of seminarians studying in Peru, a retreat for the church's charitable aid workers in Asia, and specific charitable aid projects of the Holy Father. DETAIL OF FOREIGN INVESTMENTS SCHEDULE F, PART I, LINE 3, COLUMN F FAIR MARKET VALUE OF INVESTMENTS 41,447,759 INVESTMENT MANAGEMENT FEES 982,762 TOTAL 42,430,521 true Annunciation Catholic School 3536 Lafayette Street Denver CO 80205 840522064 501(C)(3) 119500 Teaching children Archdiocese of Denver 1300 South Steele St Denver CO 80210 840499858 501(C)(3) 246043 Strengthen parishes Archdiocese of Denver 1300 S Steele St Denver CO 80210 840499858 501(C)(3) 55000 Caring Community Arrupe Jesuit High School 4343 Utica st Denver CO 80212 020628872 501(C)(3) 18400 Teaching children Assumption School 2341 E 78th Ave Denver CO 80229 840449275 501(C)(3) 31000 Teaching children Augustine Institute 3001 S Federal Boulevard Denver CO 80236 202349108 501(C)(3) 213145 Spreading the gospel Bishop Machebeuf HS 458 N Uinta way Denver CO 80230 841490220 501(C)(3) 206732 Teaching children Blessed Sacrament 1973 Elm St Denver CO 80220 840402673 501(C)(3) 37500 Teaching children Brent's Place 11980 E 16th Avenue Aurora CO 80010 841387528 501(C)(3) 10000 Caring Community Catholic Charities 4045 Pecos Street Denver CO 80211 840686679 501(C)(3) 105000 Caring Community Catholic Charities W Slope 1004 Grand Ave Glenwood Spgs CO 81601 840686679 501(C)(3) 25000 Caring Community Catholic Leadership Institute 440 East Swedesford Road Wayne PA 19087 232661414 501(C)(3) 225000 Spreading the gospel Catholic News Agency 1060 St Francis Way Denver CO 80204 200196438 501(C)(3) 69500 Spreading the gospel Catholic's Come Home Inc 560 W Crossville Road Roswell GA 30075 261102557 501(C)(3) 200000 Spreading the gospel Centro San Juan Diego 2830 Lawrence St Denver CO 80205 840499858 501(C)(3) 12000 Caring Community Christian Life Movement 1060 St Francis Way Denver CO 80204 841487058 501(C)(3) 106000 Spreading the gospel Congo Relief Mission 1251 West Long Court Littleton CO 80120 841376317 501(C)(3) 132800 Caring Community Congragation of St John 9787 S Deer Crk Canyon Rd Littleton CO 80127 371377881 501(C)(3) 14000 Spreading the gospel Cross International 370 W Camino Gardens Blvd Boca Raton FL 33432 651156061 501(C)(3) 10000 Caring Community Domin Sr of Mary Mother 24 Frank Lloyd Wright Drive Ann Arbor MI 48106 383349686 501(C)(3) 105000 Spreading the gospel Dominican Sisters Home 2501 Gaylord Street Denver CO 80205 840567786 501(C)(3) 20000 Caring Community ENDOW 1300 South Steele St Denver CO 80210 840567786 501(C)(3) 41000 Spreading the gospel Escuela de Guadalupe 3401 Pecos Street Denver CO 80211 311652842 501(C)(3) 15000 Teaching children Families of Character 5241 S Race St Littleton CO 80121 271083135 501(C)(3) 6000 Spreading the Gospel FOCUS 11990 Grant Street Denver CO 80233 841522811 501(C)(3) 104500 Spreading the gospel Food for the Poor 6401 Lyons Road Pompano Beach FL 33073 592174510 501(C)(3) 15000 Caring Community Fr Woody's Haven of Hope 1101 W 7th Avenue Denver CO 80204 841479555 501(C)(3) 20000 Caring Community Franciscan University 1235 University Blvd Steubenville OH 43952 340714818 501(C)(3) 30000 Spreading the gospel Good Shepherd Catholic School 620 Elizabeth Street Denver Denver CO 80206 840404921 501(C)(3) 15000 Teaching children Guardian Angels School 1843 W 52nd Ave Denver CO 80221 840518957 501(C)(3) 81000 Teaching children Holy Family High School 5195 West 144th aVe Broomfield CO 80020 841490222 501(C)(3) 8400 Teaching children Holy Ghost 1900 California St Denver CO 80202 840402681 501(C)(3) 12500 Caring Community Holy Trinity Catholic School 3050 W 76h Ave Westminster CO 80030 840469648 501(C)(3) 15000 Teaching children Impact Center PO Box 631788 Littleton CO 80163 202115605 501(C)(3) 15758 Spreading the gospel JK Mullen High School 3601 South Lowell blvd Denver CO 80236 846005720 501(C)(3) 8900 Teaching children Lanteri Center for Ignation Spirituality 416 22nd Street Denver CO 80205 201891947 501(C)(3) 10000 Spreading the Gospel Lighthouse 4240 E Plum Court Littleton CO 80121 352381151 501(C)(3) 34914 Spreading the Gospel Little Sr of the Poor-Mullen 3629 West 29th Street Denver CO 80211 840528531 501(C)(3) 15000 Caring for our poor Loras College 1450 Alta Vista St Dubuque IA 52001 420680412 501(C)(3) 25000 Spreading the Gospel Metro Office of Evangelize 1300 S Steele Street Denver CO 80210 840499858 501(C)(3) 50940 Spreading the gospel Nat'l Catholic Bioethics Ctr 6399 Drexel Road Philadelphia PA 19151 042871526 501(C)(3) 55000 Spreading the Gospel Office of Catholic Schools 1300 S Steele Street Denver CO 80210 840499858 501(C)(3) 191598 Teaching children Office of Youth Young 1300 S Steele Street Denver CO 80210 840499858 501(C)(3) 50000 Spreading the gospel Papal Foundation 150 Monument Road Bala Cynwdpa PA 19004 232511991 501(C)(3) 25864 Caring Community Presentation of Our Lady 660 Julian St Denver CO 80204 840404270 501(C)(3) 17000 Strengthen parishes Providence Network 801 Logan Street Denver CO 80203 742505406 501(C)(3) 10000 Caring Community Regis Jesuit High School 6400 S Lewiston Way Aurora CO 80016 840791593 501(C)(3) 10900 Teaching children Regis Jesuit HS - Girls 6300 S Lewiston Way Aurora CO 80016 742918866 501(C)(3) 8400 Teaching children Religious Sisters of Mercy 1965 Michigan Avenue Alma MI 48801 382350857 501(C)(3) 153000 Spreading the gospel Sacred Heart Hse of Denver 2844 Lawrence Street Denver CO 80205 840889359 501(C)(3) 25000 Caring Community Saint Bernadette School 1100 Upham St Lakewood CO 80215 840431890 501(C)(3) 40000 Teaching children Saint Claire of Assisi School 31622 Hwy 6 Edwards CO 81632 841237387 501(C)(3) 13586 Teaching children Saint Francis de Sales 235 S Sherman St Denver CO 80209 840404268 501(C)(3) 141250 Teaching children Saint Francis Fund 1300 South Steele St Denver CO 80210 840499858 501(C)(3) 55000 Caring Community Saint James Catholic School 1250 Newport Street Denver CO 80220 840402708 501(C)(3) 34000 Teaching children Saint Louis Catholic Church 3310 South Sherman St Englewood CO 80113 840406817 501(C)(3) 125000 Teaching children Saint Mary's Littleton 6853 South Prince Street Littleton CO 80120 840436373 501(C)(3) 10000 Strengthen parishes Saint Rose of Lima 1345 W Dakota Ave Denver CO 80223 840465591 501(C)(3) 15000 Teaching children Saint Stephen Catholic 414 South Hyland Park Drive Glenwood Spgs CO 81601 840539250 501(C)(3) 56500 Teaching children Saint Therese School Aur 1200 Kenton St Aurora CO 80010 840539250 501(C)(3) 66838 Teaching children Saint Thomas Aquinas 904 14th Street Boulder CO 80302 840430715 501(C)(3) 42500 Spreading the gospel Samaritan House-Denver 4045 Pecos Street Denver CO 80211 981833800 501(C)(3) 20000 Caring Community Seeds of Hope 1300 S Steele St Denver CO 80210 841437053 501(C)(3) 26000 Teaching children St Leo's Catholic Church SD 100 East 20th Avenue Tyndall SD 57066 460252059 501(C)(3) 10000 Strengthen parishes St John The Evangelist Catholic School 1730 W 12th Street Loveland CO 80537 840409866 501(C)(3) 41500 Teaching Children St John Vianney Seminary 1300 South Steele St Denver CO 80210 841495066 501(C)(3) 943943 Preparing priests St Mary's Breckenridge PO Box 2670 Frisco CO 80443 846053049 501(C)(3) 115000 Strengthen parishes St Peter Bear Catholic 915 12th St Greeley CO 80631 840423075 501(C)(3) 5831 Spreading the Gospel StMary&Our Lady of Peace PO Box 2670 Frisco CO 80443 846053049 501(C)(3) 31194 Strengthen parishes Sts Peter & Paul School 3920 Pierce St Wheatrdige CO 80030 840448043 501(C)(3) 36500 Teaching children That Man is You-Paradisus PO Box 19127 Houston TX 77224 061699099 501(C)(3) 15000 Spreading the gospel The Alpha Center 1212 S College Ave Ft Collins CO 80524 742481573 501(C)(3) 7500 Spreading the Gospel Wyoming Catholic College 163 Leedy Drive Lander WY 82520 830434307 501(C)(3) 100000 Spreading the gospel 63 0 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. Reports on the expenditure of grant funds in compliance with the terms and conditions of the grant award are due 45-days after the end of the grant period and are generally required. Grant report reminders and past-due notices are sent to recipients. The Foundation may withhold as appropriate new grant authorizations to organizations until any outstanding reports from prior grants are received. Upon receipt of the grant report, the Grant Administrator reviews the report for compliance with the grant terms and conditions and then closes the file accordingly. X true true X X false false false false false false false false true true GERALD LABER 135000 0 0 0 4426 0 8636 0 9791 0 157853 0 0 0 Schedule J Part I, Question 8 Initial Contract Exception Gerald Laber's 2010 compensation is covered by his initial contract of December 2007. Please see Schedule O for Part VI, Question 15a for more information. Schedule J, Part I, Question 1a Health or Social Club Dues The Organization has a membership to a country club which is used for business purposes and the President has some personal use. The personal portion of the membership has been added to taxable compensation on the W-2. X 8 149398 SALES PRICE 0 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 646,405 INCLUDING GRANTS OF 615,914. THE FOUNDATION STRENGTHENS PARISHES THROUGHOUT NORTHERN COLORADO, THROUGH GRANTS PROVIDING OPERATING SUPPORT AND MEETING EMERGENCY CAPITAL NEEDS, AS WELL AS THE ESTABLISHMENT OF PARISH FUNDS TO FACILITATE THEIR PLANNED GIVING EFFORTS. EXPENSES OF 465,365 INCLUDING GRANTS OF 443,413. 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 initially reviewed by management at the Foundation and then by the audit committee. The return is then circulated via email to 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 to the Vice President. The Vice President tracks response and reviews the disclosures. REVIEW OF CEO OR TOP MGMT OFFICIAL COMPENSATION FORM 990, PART VI, QUESTION 15A Pursuant to I.R.C. 4958, compensation is determined by disinterested board members (i.e. the Foundation's Executive Committee) with the interested person not present during the debate and voting. In making their determination, the Executive Committee relies on appropriate comparability data and then documents the basis of their decision. In December of 2007, the Board hired Gerald Laber as President of the Foundation. Mr. Laber's initial contract was negotiated and agreed to by the Executive Committee at that time. There have not been any material changes to this initial contract. As such, Mr. Laber's contract continues to fall within the initial contract exception to I.R.C. 4958. 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 with the approval of the Executive Committee. In making his determination, the President relies on appropriate comparability data and documents the basis of his decision. GOVERNING DOCUMENTS MADE AVAILABLE TO THE PUBLIC FORM 990, PART VI, 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 and the Foundation's financial statements are available on the Foundation's website. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 5 UNREALIZED GAIN $7,542,384 WRITTEN DOCUMENT RETENTION & DESTRUCTION POLICY FORM 990, PART VI, QUESTION 14 The organization has a written policy covering document destruction. The procedures in place for document retention are not in a written policy.