2011-04-05T13:58:58-05:00 2010-06-30 LANEY BOTELER & KILLINGER 100 ASHFORD CTR N STE 310 ATLANTA GA 303384862 990 2009-07-01 582008930 THE CATHOLIC FOUNDATION OF N GA INC CATH 4044979440 780 JOHNSON FERRY ROAD SUITE 750 ATLANTA GA 30342 NANCY COVENY 4044979440 2011-03-30 true GARY H BOTELER 7703948000 2011-03-30 2009 2016-02-24 21:20:13Z NANCY COVENY 780 JOHNSON FERRY ROAD SUITE 750 ATLANTA GA 30342 24221246 false X WWW.CFNGA.ORG X 1992 GA 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 2009 TOTAL CONTRIBUTIONS OF 14,093,956 INCLUDED CONTRIBUTIONS OF 11,891,061 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 2009 UNRESTRICTED CONTRIBUTIONS WERE 2,202,895, COMPARED TO OUR GRANTS (583,882) AND OPERATING EXPENSES(445,796) WHICH TOTALED 1,029,678. 20 16 4 20 0 533951 14093956 15463 -1614384 399861 0 -1080433 14509280 220230 583882 0 230324 299534 0 96963 173984 146262 624538 1029678 -1704971 13479602 9936019 28905193 164378 5053206 9771641 23851987 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 2009 TOTAL CONTRIBUTIONS OF 14,093,956 INCLUDED CONTRIBUTIONS OF 11,891,061 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 2009 UNRESTRICTED CONTRIBUTIONS WERE 2,202,895, COMPARED TO OUR GRANTS (583,882) AND OPERATING EXPENSES(445,796) WHICH TOTALED 1,029,678. false false 702646 583882 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. 39588 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. 39588 15463 RECEIVE AND MANAGE ENDOWMENT AND CUDTODIAN 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. DURING 2009, THE FOUNDATION RECEIVED ENDOWMENTS OF ALMOST 11,000,000 AND BEGAN MANAGING CLOSE TO 5,000,000 OF CUSTODIAN FUNDS. MISCELLANEOUS OTHER PROGRAM SERVICES. 781822 true true false false true false false true true true true true false false false false false false false false false true false false false false false false false false false false true false false false false true false false false true 7 0 true 4 true false false false false false false false false false false false 20 16 false false false false false false false true true false false true true true true true false true true false GA X ARCHDIOCESE OF ATLANTA 4044979440 680 W PEACHTREE STREET NW ATLANTA GA 30308 MOST REV WILTON D GREGORY 0.25 X 0 39276 29878 FR PETER RAU 0.25 X 0 35832 28242 MSGR JOSEPH CORBETT 0.25 X 0 35798 49480 MONSIGNOR EDWARD DILLON 0.25 X 0 32377 26855 ALAN S NEELY 0.25 X 0 0 0 CLARENCE H SMITH 1.00 X X 0 0 0 DAVID P FITZGERALD 0.25 X 0 0 0 JAMES E WINCHESTER JR 0.25 X 0 0 0 JEAN BRANNAN 0.25 X 0 0 0 JEFFREY K HAIDET 0.25 X 0 0 0 JOSEPH MA LEDLIE 1.00 X X 0 0 0 JUANITA P BARANCO 0.25 X 0 0 0 MARK CHRISTOPHER 1.00 X X 0 0 0 MARY HUMANN JUDSON 0.25 X 0 0 0 MICHAEL L KEOUGH 0.25 X 0 0 0 MICHAEL W TRAPP 0.25 X 0 0 0 TIMOTHY CAMBIAS SR 0.25 X 0 0 0 VICTOR I SANCHEZ 0.25 X 0 0 0 WILLIAM M RICH 1.00 X X 0 0 0 WILLIAM R CORTEZ 0.25 X 0 0 0 NANCY COVENY 40.00 X 103846 0 16655 DIANE DUQUETTE 40.00 X 82080 0 15224 185926 143283 166334 1 false false false 4126708 9967248 8487705 14093956 FUND MANAGEMENT FEES 523920 15463 15463 15463 159084 159084 9952743 9711966 240777 240777 240777 14509280 415324 583882 583882 222923 133754 44585 44584 38320 22992 7664 7664 7774 4664 1555 1555 13043 7825 2609 2609 17474 10484 3495 3495 50077 25039 25038 15600 15600 15646 15646 3950 3555 395 6109 6109 24444 14666 4889 4889 8110 8110 1674 1674 3783 1892 1891 7545 3773 3772 2421 2421 MISCELLANEOUS 3150 3150 FEES AND DUES 2933 1467 1466 SUBSCRIPTIONS 820 820 1029678 781822 150893 96963 138420 267406 10000 14000 24199 3105 23514 21094 9764085 20950521 7652172 9936019 28905193 25206 43350 4960124 139172 49732 164378 5053206 X 1587325 3634786 882736 2029088 7301580 18188113 9771641 23851987 9936019 28905193 X false true true X false X 31845 2948 77129 533951 4396204 5042077 31845 2948 77129 533951 4396204 5042077 80235 4961842 174811 212442 194746 205109 159084 946192 5988269 174547 0.82860 0.29480 X DURING THE FISCAL YEAR ENDED 06/30/10, THE FOUNDATION RECEIVED TWO UNUSUAL GRANTS IN THE AMOUNTS OF 2,045,580 AND 7,652,172. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 2045580 251500 1729796 true true false false false false true 9384531 13972124 1000605 583882 230000 174144 23369234 12142762 376798 -2280534 220230 500000 134265 9384531 0.14500 0.85500 false false false 7804 975 6829 9795 1470 8325 6600 660 5940 21094 BEQUEST RECEIVABLE 7652172 7652172 CHARITABLE GIFT ANNUITY PAYABLE 49732 49732 14509280 1029678 13479602 605272 -4528 600744 14080346 15220724 605272 110700 -4528 711444 14509280 14509280 1140378 110700 110700 1029678 1029678 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' INTENTIONS. RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -4,528 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES -4,528 true ADVICE & AID PREGNANCY PROBLEM CTR P O BOX 82836 HAPEVILLE GA 30354 581592562 3 10000 MEDICAL CENTER PROG ARCHDIOCESE OF ATLANTA 680 W PEACHTREE ST NW ATLANTA GA 30308 580677170 3 12000 CARDINALS DINNER ARCHDIOCESE OF ATLANTA 680 W PEACHTREE ST NW ATLANTA GA 30308 580677170 3 10000 EUCHARISTIC CONGRES ARCHDIOCESE OF ATLANTA 680 W PEACHTREE ST NW ATLANTA GA 30308 580677170 3 39782 SEMINARIAN PROGRAM ATL SOCIETY OF ST VINCENT DE PAUL 2050 CHAMBLEE TUCKER ROAD STE C ATLANTA GA 30341 580967972 3 25000 FOOD DISTRIBUTION CATHEDRAL OF CHRIST THE KING 2699 PEACHTREE ROAD NE ATLANTA GA 30305 580644901 3 200000 GREEN SPACE CATHOLIC CHARITIES 680 WEST PEACHTREE STREET NW ATLANTA GA 30308 581097003 3 20000 IMMIGRANT CHILDREN CATHOLIC SHRINE OF THE IMMACULATE 48 MARTIN LUTHER KING JR DRIVE ATLANTA GA 30303 580622965 3 20000 PARISH HALL REDESIGN CORPUS CHRISTI CATHOLIC CHURCH 600 MOUNTAIN VIEW DRIVE STONE MOUNTAIN GA 30083 581162072 3 12000 PRESCHOOL TUITION HOMESTRETCH HOUSING INITIATIVE OF N 89 GROVE WAY ROSWELL GA 30075 582051038 3 10000 HOMELESS ASSISSTANCE IMMACULATE HEART OF MARY CATH SCH 2855 BRIARCLIFF ROAD ATLANTA GA 30329 586012645 3 10000 SMART CLASSROOM INTERFAITH OUTREACH HOME P O BOX 48075 DORAVILLE GA 30362 581861762 3 7500 HOMELESS HOUSING JOHN PAUL II TRAINING CENTER 3292 THOMPSON BRIDGE RD BOX 328 GAINESVILLE GA 30506 201957595 3 8000 COMMUNITY/RELIGIOUS MARIST SCHOOL 3790 ASHFORD DUNWOODY ROAD NE ATLANTA GA 30319 580566204 3 7500 VIA SPEC FUND OUR LADY OF MERCY CATHOLIC HIGH SCH 861 EVANDER HOLYFIELD HWY FAYETTEVILLE GA 30214 582614489 3 15000 MINORITY TUITION REACH FOR EXCELLENCE 3790 ASHFORD DUNWOODY ROAD ATLANTA GA 30319 010614724 3 10000 SCHOLARSHIPS SAINT JOSEPH'S MERCY FOUNDATION 5673 PEACHTREE DUNWOODY RD STE 650 ATLANTA GA 30342 581448522 3 7000 CARE SVC EXPANSION SEAMLESS GARMENT MINISTRY 995 ROSWELL ST MARIETTA GA 30060 870773880 3 8000 PREG HOMELESS WOMEN ST JOSEPHS MERCY FOUNDATION 5673 PEACHTREE DUNWOODY RD STE 650 ATLANTA GA 30342 581448522 3 10000 CHAPEL FURNISHINGS ST MARY'S CATHOLIC SCHOOL 401 E 7TH STREET ROME GA 30161 412097947 3 20000 UPGRADES TECHNOLOGY ST PIUS X HIGH SCHOOL 2674 JOHNSON RD NE ATLANTA GA 30345 580706914 3 20000 CAPITAL CAMPAIGN 21 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: AMERICAN CARDINALS DINNER NAME OF ORGANIZATION OR GOVERNMENT: ARCHDIOCESE OF ATLANTA (H) PURPOSE OF GRANT OR ASSISTANCE: MONEY TO ASSIST WITH SPONSORSHIP COMMITTEE FOR EUCHARISTIC CONGRESS NAME OF ORGANIZATION OR GOVERNMENT: INTERFAITH OUTREACH HOME (H) PURPOSE OF GRANT OR ASSISTANCE: OPERATING SUPPORT FOR THE TRANSITIONAL HOUSING PROGRAM FOR HOMELESS FAMILIES. NAME OF ORGANIZATION OR GOVERNMENT: JOHN PAUL II TRAINING CENTER (H) PURPOSE OF GRANT OR ASSISTANCE: OPERATING COSTS FOR CENTER WHICH PROVIDES COMMUNITY AND RELIGIOUS PROGRAMS FOR THE SURROUDING COMMUNITY. NAME OF ORGANIZATION OR GOVERNMENT: SEAMLESS GARMENT MINISTRY (H) PURPOSE OF GRANT OR ASSISTANCE: PROGRAMS FOR PREGNANT HOMELESS WOMEN NAME OF ORGANIZATION OR GOVERNMENT: ST. JOSEPHS MERCY FOUNDATION (H) PURPOSE OF GRANT OR ASSISTANCE: CHAPEL FURNISHINGS AT NEW HOSPITAL NAME OF ORGANIZATION OR GOVERNMENT: ADVICE & AID PREGNANCY PROBLEM CENTER (H) PURPOSE OF GRANT OR ASSISTANCE: CONVERSION TO MEDICAL CLINIC NAME OF ORGANIZATION OR GOVERNMENT: CATHOLIC CHARITIES (H) PURPOSE OF GRANT OR ASSISTANCE: IMMIGRANT CHILDREN'S ADVOCACY PROJECT NAME OF ORGANIZATION OR GOVERNMENT: CATHOLIC SHRINE OF THE IMMACULATE CONCEPTION (H) PURPOSE OF GRANT OR ASSISTANCE: IMPROVEMENTS & REDESIGN OF THE PARISH HALL NAME OF ORGANIZATION OR GOVERNMENT: CORPUS CHRISTI CATHOLIC CHURCH - LITTLE ONES PRESCHOOL (H) PURPOSE OF GRANT OR ASSISTANCE: PRESCHOOL TUITION SUPPORT NAME OF ORGANIZATION OR GOVERNMENT: HOMESTRETCH HOUSING INITIATIVE OF NORTH FULTON (H) PURPOSE OF GRANT OR ASSISTANCE: PROVIDE ASSISTANCE TO HOMELESS FAMILIES X 2 8487705 FAIR MARKET VALUE false true false 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 2009 TOTAL CONTRIBUTIONS OF 14,093,956 INCLUDED CONTRIBUTIONS OF 11,891,061 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 2009 UNRESTRICTED CONTRIBUTIONS WERE 2,202,895, COMPARED TO OUR GRANTS (583,882) AND OPERATING EXPENSES(445,796) WHICH TOTALED 1,029,678. 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 11 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 AND STAFF 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 PRIOR TO HIRE IN 2008. NO CHANGE WAS MADE DURING THIS FISCAL YEAR. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B FOR OTHER OFFICERS OR KEY EMPLOYEES, THE EXECUTIVE DIRECTOR OF THE FOUNDATION REVIEWED 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. 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, 126,708 WAS USED FOR PLANNED GIFT GIVING AND 4,000,000 WAS TO SET UP AN ENDOWMENT FUND FOR SEMINARIAN EDUCATION. SCHEDULE R, PART V LINE 1O FOUNDATION REIMBURSES THE ARCHDIOCESE OF ATLANTA FOR EMPLOYEE HEALTH, RETIREMENT AND OTHER SIMILAR OPERATING EXPENSES. ARCHDIOCESE OF ATLANTA 680 W PEACHTREE STREET NW ATLANTA GA 30308 580677170 DIOCESE GA 501 1 N/A false true true false false false false false false false false false false false true false false false ARCHDIOCESE OF ATLANTA C 4126708