Overview
What is Catholic Schools Foundation Inc?
The Catholic Schools Foundation Inc, located in Boston, Massachusetts, is a nonprofit organization that awards scholarships to students in need, enabling them to attend Catholic schools within the Archdiocese of Boston. With a mission to provide families with demonstrated financial need an opportunity for their children to receive a quality education centered around Christian values and character formation, the foundation supports students regardless of race, religion, ethnicity, or gender. The organization, which has a workforce of ten employees, has granted 3,383 scholarships and offers programs to support scholarship recipients.
Official website here: www.csfboston.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star Rating
The Catholic Schools Foundation Inc has received a commendable Four-Star rating from Charity Navigator, highlighting its exceptional performance in accountability and finance. With a score of 97% in this category, the organization demonstrates strong financial health and transparency, indicating that a significant portion of its resources is directed toward programs rather than administrative costs. The foundation also enjoys a robust accountability structure, as evidenced by its independent board and adherence to key governance policies.
In addition to financial prowess, the organization's culture and community engagement score is impressive at 95%. This suggests that the Catholic Schools Foundation Inc has cultivated a positive environment that fosters inclusivity and community involvement. The organization’s leadership adaptability, rated at a perfect 100%, underscores its capacity to respond effectively to challenges and maintain its mission focus.
While the foundation showcases remarkable strengths, it is also pursuing strategic goals that include increasing annual giving and providing additional scholarships. This forward-thinking approach reflects its commitment to continuous improvement and support for educational opportunities, ensuring it remains responsive to the needs of the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Catholic Schools Foundation Inc legitimate?
Catholic Schools Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Schools Foundation 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: $288,818
Professional Fundraising Fees: $0
Other Salaries and Wages: $518,978
For more financial information, click here
Official website here: www.csfboston.org
What is the mission statement of Catholic Schools Foundation Inc?
The Catholic Schools Foundation aims to make a difference by offering families in financial need the chance to provide their children with a top-notch education rooted in Christian values and character development at Catholic schools situated throughout the archdiocese, irrespective of race, religion, ethnicity, or gender. Through its initiatives, the Foundation has granted 3,383 scholarships to students, enabling them to attend Catholic schools within the archdiocese, as well as supporting programs designed to assist scholarship recipients.
Official website here: www.csfboston.org
Who is the CEO of Catholic Schools Foundation Inc?
Michael Reardon is the Executive Director of Catholic Schools Foundation Inc.
Official website here: www.csfboston.org
What is the revenue of Catholic Schools Foundation Inc?
Catholic Schools Foundation Inc's revenue in 2022 was $27,305,892.
Official website here: www.csfboston.org
Who are the executives of Catholic Schools Foundation Inc and what are their salaries?
The average compensation at Catholic Schools Foundation Inc during 2022 was $80,780. There are 10 employees and 200 volunteers at Catholic Schools Foundation Inc.
Here are 35 key members and their salaries:
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- Other: $6,911
Official website here: www.csfboston.org
Where can I find the form 990 for Catholic Schools Foundation Inc?
Catholic Schools Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csfboston.org
Learn more at the official website: www.csfboston.org
Mission Statement of Catholic Schools Foundation Inc
The Catholic Schools Foundation, a renowned organization, strives to transform lives by offering families with demonstrated financial need the opportunity to provide their sons and daughters with a quality education rooted in Christian values and character formation at Catholic schools located throughout the Archdiocese of Boston. Regardless of race, religion, ethnicity, or gender, this foundation is committed to expanding educational opportunities for deserving students.
Through its mission, the Catholic Schools Foundation has awarded scholarships to 3,383 students, enabling them to attend Catholic schools within the Archdiocese of Boston. By doing so, the organization not only provides access to quality education but also fosters an environment where young minds can develop strong moral and ethical foundations. This commitment extends beyond the classroom, as the foundation also supports scholarship recipients with various programs, ensuring their success and growth.
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Impact
October, 2024
Catholic Schools Foundation Inc profoundly impacts the lives of families in the Archdiocese of Boston by making quality education accessible to those with financial need. By awarding 3,383 scholarships, the foundation helps students attend Catholic schools where they receive education centered on Christian values and character formation. This initiative not only promotes academic achievement but also fosters a sense of community that transcends race, religion, ethnicity, and gender. The support provided extends beyond financial assistance, as it includes programs designed to help scholarship recipients thrive in their educational journeys, significantly changing the trajectory of many young lives.
This information is meant to be a general summary of Catholic Schools Foundation 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: $12,926,787
- Gross Receipts: $52,066,443
Assets and Liabilities:
- Total Assets: $110,171,239
- Total Liabilities: $14,146,868
- Net Assets: $96,024,371
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Organization Details
Founding Year
1983
Phone
(617) 778-5981Principal Officer
Michael Reardon
Main Address
67 BATTERYMARCH STREET 6TH FL, BOSTON, MA, 02110
Website
www.csfboston.orgNTEE Category
Code: B820 - Education
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