Overview
What is The Catholic Foundation Of Central Florida Inc?
The Catholic Foundation of Central Florida Inc is a nonprofit organization situated in Orlando, Florida, specifically at 50 East Robinson Street. Their primary mission is to encourage and boost philanthropy, wisely manage the resources entrusted to them, and effectively steward these charitable gifts to cater to the spiritual and material needs of the community within the Diocese of Orlando. They offer management and consulting services to enhance the financial wellness of diocesan parishes, schools, and entities. Their offertory enhancement initiative, grounded in spirituality, empowers parishes to secure necessary resources through a program emphasizing stewardship and discipleship. The Foundation conducts feasibility studies and capital campaigns at both local and diocesan levels to address large-scale projects. They also offer advancement consulting and training services to clergy and lay leadership, promoting evidence-based practices for mission and operational effectiveness in governance, communications, fundraising, ethics, and donor relations.
Official website here: www.cfocf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Catholic Foundation of Central Florida Inc has received a solid rating of 84%, indicating a commendable level of performance in its operations. The foundation excels particularly in its Accountability & Finance score of 81 and an impressive Culture & Community score of 97. This suggests a strong commitment to ethical practices, transparency, and community engagement, which are significant strengths for potential donors and stakeholders.
The organization demonstrates an effective management structure, featuring 81% independent board members and a comprehensive audit and oversight approach that earned full points in various governance practices. The feedback mechanisms in place are highly rated, reflecting that the foundation values input from the community and utilizes it to improve its operations. The program expense ratio of 81.81% indicates that a significant portion of its funds is directed towards its mission-driven activities.
However, while the organization shows considerable strengths, it could further enhance its influence by addressing the areas noted in its equity data and policies, where it achieved slightly lower scores. Continued improvement in these aspects could bolster its overall impact within the community and ensure that its operations reflect a commitment to inclusivity and diversity.
This AI summary has been generated from information found on Charity Navigator.
Is The Catholic Foundation Of Central Florida Inc legitimate?
The Catholic Foundation Of Central Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Catholic Foundation Of Central Florida 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: $598,222
Professional Fundraising Fees: $0
Other Salaries and Wages: $740,496
For more financial information, click here
Official website here: www.cfocf.org
What is the mission statement of The Catholic Foundation Of Central Florida Inc?
The Catholic Foundation of Central Florida Inc's mission is centered around inspiring charitable giving, prudently managing these resources, and ensuring their effective distribution to meet the spiritual and material needs of their community. Their goal is to promote accountability in the handling of donated funds and engage donors in supporting the community's educational, spiritual, and social needs. The foundation provides various services, such as management and consulting for local parishes and entities, and conducts feasibility studies and capital campaigns to address large-scale projects. They also offer training in fundraising and operational effectiveness to clergy and lay leadership. The foundation supports the annual diocesan campaign and assists parishes with their appeal, contributing to diocesan-wide ministries.
Official website here: www.cfocf.org
Who is the CEO of The Catholic Foundation Of Central Florida Inc?
Kimberlee Riley is the Director - See Sch O For Note 1 of The Catholic Foundation Of Central Florida Inc.
Official website here: www.cfocf.org
What is the revenue of The Catholic Foundation Of Central Florida Inc?
The Catholic Foundation Of Central Florida Inc's revenue in 2023 was $4,383,437.
Official website here: www.cfocf.org
Who are the executives of The Catholic Foundation Of Central Florida Inc and what are their salaries?
The average compensation at The Catholic Foundation Of Central Florida Inc during 2023 was $47,811. There are 28 employees and 19 volunteers at The Catholic Foundation Of Central Florida Inc.
Here are 25 key members and their salaries:
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- Compensation: $143,889
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- Compensation: $98,293
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- Compensation: $96,897
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- Compensation: $77,869
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- Other: $14,924
- Compensation: $3,462
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- Other: $277
Official website here: www.cfocf.org
Where can I find the form 990 for The Catholic Foundation Of Central Florida Inc?
The Catholic Foundation Of Central Florida Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cfocf.org
Learn more at the official website: www.cfocf.org
Mission Statement of The Catholic Foundation Of Central Florida Inc
The Catholic Foundation of Central Florida, in its mission, aims to foster a culture of charitable giving, sensibly manage the resources entrusted to it, and thoughtfully distribute these funds to address the spiritual and tangible needs of the diocese's community. This organization encourages responsible stewardship, ensuring the accountability of the gifts bestowed upon it, and engages donors in supporting the educational, spiritual, and social requirements of the community.
In practical terms, The Catholic Foundation of Central Florida provides consultancy and management services to parishes, schools, and other diocesan entities to enhance their financial well-being. One of its initiatives, the offertory enhancement program, focuses on encouraging stewardship and discipleship to help parishes secure necessary resources. The Foundation also conducts feasibility studies and capital campaigns at various levels to address large-scale projects, offering its expertise to clergy and lay leadership in determining capacity and defining a compelling case for support. The organization plays a significant role in supporting the annual diocesan campaign, aiding parishes with their appeals, and funding diocesan-wide ministries. Additionally, The Catholic Foundation of Central Florida provides advancement consulting and training services to clergy and lay leadership, promoting evidence-based practices to improve the effectiveness of their mission and operations.
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Impact
October, 2024
The Catholic Foundation of Central Florida Inc significantly influences the community by fostering a culture of selfless stewardship and enhancing financial wellness among diocesan parishes, schools, and entities. By inspiring increased charitable giving, the Foundation empowers local organizations to address their spiritual and corporal needs more effectively.
Through management and consulting services, the Foundation helps parishes and schools improve their financial health. Its offertory enhancement initiative supports these entities in securing vital resources using a stewardship and discipleship framework. This approach not only addresses immediate funding needs but also encourages ongoing engagement from the community.
Additionally, the Foundation conducts feasibility studies and capital campaigns that enable local and diocesan projects to thrive. By leveraging the expertise of its staff, the Foundation supports clergy and lay leadership in identifying their capacities, defining their cases for support, and effectively engaging the faithful in meeting essential facility and ministry needs.
The Foundation also plays a crucial role in managing the annual diocesan campaign, which funds ministries across the Diocese of Orlando. Its advancement consulting and training services equip leaders with evidence-based practices that enhance mission effectiveness, governance, and donor relations.
By safeguarding and promoting accountability for the charitable gifts entrusted to its care, the Foundation maximizes the positive impact of philanthropy in the community, ultimately enriching the spiritual, educational, and social fabric of the Diocese of Orlando.
This information is meant to be a general summary of The Catholic Foundation Of Central Florida 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 2023.
- Investment Income: $253,564
- Program Service Revenue: $2,478,376
- Gross Receipts: $10,030,851
Assets and Liabilities:
- Total Assets: $98,507,369
- Total Liabilities: $72,432,007
- Net Assets: $26,075,362
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Development & Stewardship Fees
Revenue
$1,845,491
Investment Management Fees
Revenue
$378,282
Campaign Service Fees
Revenue
$254,603
Organization Details
Founding Year
2007
Phone
(407) 246-4889Principal Officer
Kimberlee Riley
Main Address
50 East Robinson Street, Orlando, FL, 32801
Website
www.cfocf.orgNTEE Category
Code: T11 - Philanthropy
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