Overview
What is The Catholic Community Fund Of The Archdiocese Of Boston Inc?
The Catholic Community Fund of the Archdiocese of Boston Inc, established in 1989 and renamed several times since, serves as a vital supporter of the Archdiocese of Boston by raising funds, managing endowments, and receiving donations for various ministries and programs. Based in Braintree, Massachusetts, the organization's primary mission is to develop institutional support for the Archdiocese by managing and distributing gifts and bequests according to the donors' charitable intentions. During fiscal year 2018, CCF assumed responsibility for handling funds related to the Inspiring Hope Campaign. Through these efforts, the Catholic Community Fund helps the Archdiocese of Boston carry out its mission.
Official website here: www.catholiccommunityfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
The Catholic Community Fund of the Archdiocese of Boston Inc has achieved an impressive 95% score, which reflects its strong performance in accountability and finance. The Four-Star rating indicates a commitment to transparency and ethical management practices. This score is based entirely on the organization's accountability and finance, showcasing its excellent oversight and governance structures.
Strengths of the organization include a fully independent board with a sizable membership of 14 members, ensuring diverse perspectives in decision-making. The charity has a remarkable program expense ratio of nearly 95%, indicating that a significant portion of funds is spent directly on its programs rather than administrative costs. Additionally, the organization has solid financial health, evidenced by a low liabilities to assets ratio and high working capital ratio, which suggests long-term sustainability.
While the data does not indicate any notable limitations or concerns, the organization should continue to maintain its strong practices to ensure ongoing trust from its supporters. Overall, the Catholic Community Fund demonstrates commendable financial integrity and operational effectiveness, making it a reliable choice for donors looking to contribute to charitable causes.
This AI summary has been generated from information found on Charity Navigator.
Is The Catholic Community Fund Of The Archdiocese Of Boston Inc legitimate?
The Catholic Community Fund Of The Archdiocese Of Boston Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Catholic Community Fund Of The Archdiocese Of Boston Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.catholiccommunityfund.org
What is the mission statement of The Catholic Community Fund Of The Archdiocese Of Boston Inc?
The Catholic Community Fund of the Archdiocese of Boston, Inc. (CCF) was established to support the mission of the Archdiocese of Boston by raising funds for endowment and other financial resources. This organization's primary goal is to further advance the ministries and programs of the Archdiocese. CCF receives and manages both restricted and unrestricted gifts, as well as endowment and non-endowment funds, ensuring their use aligns with the donors' charitable intentions. By fulfilling this role, CCF plays a crucial part in the Archdiocese's mission. In fiscal year 2018, CCF assumed responsibility for managing gifts related to the Inspiring Hope Campaign for the Archdiocese.
Official website here: www.catholiccommunityfund.org
Who is the CEO of The Catholic Community Fund Of The Archdiocese Of Boston Inc?
Gavan Mooney is the President of The Catholic Community Fund Of The Archdiocese Of Boston Inc.
Official website here: www.catholiccommunityfund.org
What is the revenue of The Catholic Community Fund Of The Archdiocese Of Boston Inc?
The Catholic Community Fund Of The Archdiocese Of Boston Inc's revenue in 2022 was $13,233,064.
Official website here: www.catholiccommunityfund.org
Who are the executives of The Catholic Community Fund Of The Archdiocese Of Boston Inc and what are their salaries?
There 8 volunteers at The Catholic Community Fund Of The Archdiocese Of Boston Inc.
Here are 15 key members and their salaries:
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- Related: $170,769
- Other: $0
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- Related: $286,314
- Other: $20,916
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- Related: $302,777
- Other: $26,386
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- Related: $34,346
- Other: $14,743
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- Other: $0
Official website here: www.catholiccommunityfund.org
Where can I find the form 990 for The Catholic Community Fund Of The Archdiocese Of Boston Inc?
The Catholic Community Fund Of The Archdiocese Of Boston Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.catholiccommunityfund.org
Learn more at the official website: www.catholiccommunityfund.org
Mission Statement of The Catholic Community Fund Of The Archdiocese Of Boston Inc
The Catholic Community Fund of the Archdiocese of Boston, Inc. (CCF) is a charitable organization established in 1989, with a mission to provide institutional support for the ministries and programs of the Archdiocese of Boston. CCF achieves this by raising funds for endowment and other financial resources. By managing and distributing these gifts and bequests in accordance with the charitable intent of the donors, CCF contributes to the fulfillment and advancement of the Archdiocese's mission.
In essence, CCF acts as a vital partner to the Archdiocese, ensuring its long-term financial stability and enabling it to carry out its religious and community-focused initiatives. By receiving and managing various types of donations, CCF plays a crucial role in expanding the resources available to the Archdiocese, ultimately enhancing its capacity to serve and uplift its community.
During fiscal year 2018, CCF assumed the responsibility of managing and distributing funds related to the Inspiring Hope Campaign for the Archdiocese, further highlighting its commitment to advancing the Archdiocese's mission through financial support.
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Impact
October, 2024
The Catholic Community Fund of the Archdiocese of Boston has a significant and far-reaching impact on the community it serves. By effectively developing and managing financial resources, the Fund advances a variety of ministries and programs within the Archdiocese. Through its efforts in fundraising for endowments and other financial support, the Fund ensures the sustainability and growth of essential services, programs, and outreach initiatives.
In particular, the Fund manages both restricted and unrestricted gifts, carefully aligning the use of these resources with the charitable intentions of the donors. This management not only fosters transparency and trust but also plays a critical role in fulfilling the broader mission of the Archdiocese. For instance, by taking on responsibilities related to the Inspiring Hope Campaign, the Fund amplifies its capacity to respond to community needs and support impactful projects that reflect the values and aspirations of the Archdiocese.
Overall, the Catholic Community Fund enhances the ability of the Archdiocese of Boston to serve its congregation and the wider community, reinforcing a commitment to faith-based initiatives, education, and social outreach. Its work creates a lasting legacy, providing vital support that empowers both individuals and community programs to thrive.
This information is meant to be a general summary of The Catholic Community Fund Of The Archdiocese Of Boston Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,899,473
- Gross Receipts: $13,233,064
Assets and Liabilities:
- Total Assets: $92,571,104
- Total Liabilities: $8,703,421
- Net Assets: $83,867,683
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Organization Details
Founding Year
1989
Phone
(617) 746-5728Principal Officer
Gavan Mooney
Main Address
66 BROOKS DRIVE, BRAINTREE, MA, 02184
NTEE Category
Code: X11 - Religion related
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