Overview
What is The Catholic Association Foundation?
The Catholic Association Foundation, situated in Washington, D.C., is a nonprofit organization committed to fostering the Catholic faith and enhancing public understanding of Catholicism. They accomplish this through various initiatives such as engaging with the media, conducting training, and carrying out research. Furthermore, they financially support several institutions, including the Catholic Information Center, Lumen Christi Institute, Christ Medicus Foundation, and the International Dominican Foundation, to advance their mission. The primary objective of the organization is to educate the public on the Catholic Church's insights on societal and ethical issues.
Official website here: www.thecatholicassociation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Catholic Association Foundation has received a two-star rating from Charity Navigator, indicating that it requires improvement in key organizational areas. The accountability and finance score stands at 63%, with significant concerns regarding board independence, as the foundation has no independent board members. Although the organization has a good program expense ratio of 98.05% and no material diversion of assets, the lack of transparency in financial statements is a notable weakness.
Additionally, the foundation has several missing policies, including a whistleblower policy and document retention guidelines, which raises concerns about governance practices. While it maintains a conflict of interest policy and has documented board meeting minutes, the absence of independent oversight can hinder effective decision-making. The foundation’s liabilities to assets ratio is strong at 0.00%, reflecting good financial health in that respect.
Despite the positive aspects of its program expenses and financial ratios, the overall rating highlights a need for enhancements in transparency, board independence, and governance policies to foster greater trust and accountability among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Catholic Association Foundation legitimate?
The Catholic Association Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Catholic Association Foundation 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: $155,776
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thecatholicassociation.org
What is the mission statement of The Catholic Association Foundation?
The Catholic Association Foundation's mission is centered around educating the public on the Catholic Church's insights on social and moral issues. This mission is carried out through various means, such as engaging with the media, providing training, conducting research, and financing initiatives. Some of these initiatives include the Catholic Information Center, Lumen Christi Institute, Christ Medicus Foundation, and the International Dominican Foundation, all of which aim to spread the Catholic faith and enhance understanding of Catholicism.
Official website here: www.thecatholicassociation.org
Who is the CEO of The Catholic Association Foundation?
Ashley Mcguire is the Director, Secretary, Treasurer of The Catholic Association Foundation.
Official website here: www.thecatholicassociation.org
What is the revenue of The Catholic Association Foundation?
The Catholic Association Foundation's revenue in 2022 was $10,000,750.
Official website here: www.thecatholicassociation.org
Who are the executives of The Catholic Association Foundation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $84,996
- Related: $0
- Other: $0
- Compensation: $70,780
- Related: $0
- Other: $0
Official website here: www.thecatholicassociation.org
Where can I find the form 990 for The Catholic Association Foundation?
The Catholic Association Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thecatholicassociation.org
Learn more at the official website: www.thecatholicassociation.org
Mission Statement of The Catholic Association Foundation
The Catholic Association Foundation, as an organization, is committed to enlightening the public on the nuanced perspectives of the Catholic Church regarding social and moral issues. Their mission is to serve as an educational platform, fostering a deeper understanding and appreciation of the Catholic Church's wisdom in these domains. To achieve this goal, the Foundation has engaged in various initiatives, such as collaborating with the media, providing training, and conducting research. Furthermore, they have funded several institutions that share their vision, including the Catholic Information Center, Lumen Christi Institute, Christ Medicus Foundation, and the International Dominican Foundation. These institutions help in spreading the Catholic faith and promoting a better comprehension of Catholicism, thereby contributing to the Organization's overall mission.
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Impact
October, 2024
The Catholic Association Foundation has made a significant impact by actively promoting the teachings of the Catholic Church on social and moral issues. Through a variety of initiatives, it has engaged with the media, provided training, and conducted research to foster a deeper understanding of Catholicism. The foundation has supported key institutions such as the Catholic Information Center, Lumen Christi Institute, Christ Medicus Foundation, and the International Dominican Foundation, thereby enhancing the outreach and education on Catholic values. By focusing on public education, it helps to enrich societal dialogue around moral questions and faith-based perspectives.
This information is meant to be a general summary of The Catholic Association Foundation. 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.
- Gross Receipts: $10,000,750
Assets and Liabilities:
- Total Assets: $1,199,243
- Total Liabilities: $0
- Net Assets: $1,199,243
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Organization Details
Founding Year
2005
Phone
(202) 552-9943Principal Officer
Ashley Mcguire
Main Address
3220 N Street NW Ste 126, Washington, DC, 20007
NTEE Category
Code: X03 - Religion related
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