Overview
What is Archdiocese Of Milwaukee Catholic Community Foundation Inc?
The Archdiocese Of Milwaukee Catholic Community Foundation Inc is a nonprofit organization situated in Milwaukee, Wisconsin. Their principal mission is to collect charitable contributions, manage resources effectively, and cater to the current and future needs of the Catholic community within the ten counties of the Archdiocese of Milwaukee. The foundation achieves this by distributing grants in line with four key priorities: education, leadership development, community building, and healthcare. They particularly support Catholic schools and religious education programs for children, empowering leaders, strengthening communities, and providing healthcare services in Milwaukee, with a focus on the city's central areas. The foundation's board of directors approves all grant distributions, ensuring the wise and efficient use of donor funds. In fiscal year 2021/2022, they distributed $1,980,574 to 134 organizations and programs.
Official website here: www.legaciesoffaith.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90%
The Archdiocese of Milwaukee Catholic Community Foundation Inc has achieved a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting strong performance in Accountability and Finance. The foundation's overall score is derived entirely from its impressive accountability metrics, indicating a commitment to transparency and responsible financial management.
The organization boasts a fully independent board, with 93% of its members being independent, and a solid board size of 15 members. It has also received high scores for its financial oversight, having no material diversion of assets, and maintaining thorough and accessible documentation. Additionally, it has implemented robust policies such as conflict of interest and whistleblower protections.
While the foundation excels in its accountability and finance practices, the summary does not provide insight into its programmatic impact or community engagement. Nevertheless, the financial health and governance structure suggest a well-managed organization that prioritizes its fiduciary responsibilities.
This AI summary has been generated from information found on Charity Navigator.
Is Archdiocese Of Milwaukee Catholic Community Foundation Inc legitimate?
Archdiocese Of Milwaukee Catholic Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Archdiocese Of Milwaukee Catholic Community 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: $354,163
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,000
For more financial information, click here
Official website here: www.legaciesoffaith.org
What is the mission statement of Archdiocese Of Milwaukee Catholic Community Foundation Inc?
The Archdiocese Of Milwaukee Catholic Community Foundation Inc's mission is aimed at supporting the Roman Catholic Church, particularly in ten counties. It does this by attracting charitable funds and managing them effectively to address community concerns. The foundation fulfills its objectives by using resources wisely and efficiently to cater to key community needs, while also ensuring to carry out the intentions of its donors to induce positive change and growth in programs and projects that align with the Catholic Church's mission. The foundation's grant program aims to meet the current and future needs of the Catholic community within the archdiocese.
Official website here: www.legaciesoffaith.org
Who is the CEO of Archdiocese Of Milwaukee Catholic Community Foundation Inc?
Mary Ellen Markowski is the President of Archdiocese Of Milwaukee Catholic Community Foundation Inc.
Official website here: www.legaciesoffaith.org
What is the revenue of Archdiocese Of Milwaukee Catholic Community Foundation Inc?
Archdiocese Of Milwaukee Catholic Community Foundation Inc's revenue in 2022 was $6,756,779.
Official website here: www.legaciesoffaith.org
Who are the executives of Archdiocese Of Milwaukee Catholic Community Foundation Inc and what are their salaries?
The average compensation at Archdiocese Of Milwaukee Catholic Community Foundation Inc during 2022 was $136,388. There are 3 employees and 18 volunteers at Archdiocese Of Milwaukee Catholic Community Foundation Inc.
Here are 14 key members and their salaries:
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Official website here: www.legaciesoffaith.org
Where can I find the form 990 for Archdiocese Of Milwaukee Catholic Community Foundation Inc?
Archdiocese Of Milwaukee Catholic Community Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.legaciesoffaith.org
Learn more at the official website: www.legaciesoffaith.org
Mission Statement of Archdiocese Of Milwaukee Catholic Community Foundation Inc
The Archdiocese of Milwaukee Catholic Community Foundation Inc exists with a mission to support the mission of the Roman Catholic Church, particularly in the ten archdiocesan counties of Southeastern Wisconsin. This foundation fulfills its objectives by attracting charitable funds, managing these resources wisely and efficiently, and addressing key concerns of the community. Moreover, the foundation strives to carry out the intentions of its donors, aiming to bring about positive change and growth in programs and projects that further the mission of the Catholic Church. In simpler terms, the Archdiocese of Milwaukee Catholic Community Foundation Inc serves as a platform to gather donations, manage these resources effectively, and contribute to community needs, all in alignment with the Catholic Church's mission.
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Impact
July, 2024
The impact of the Archdiocese of Milwaukee Catholic Community Foundation Inc is significant, as it plays a crucial role in supporting the Catholic community across the ten counties of the Archdiocese of Milwaukee. Through its grant program, the foundation distributed $1,980,574 to 134 organizations and programs in the fiscal year 2021/2022.
The Foundation focuses on four grant priorities to fulfill its mission. These priorities include providing education, supporting leadership development, fostering community building initiatives, and contributing to healthcare services in the city of Milwaukee. By targeting these areas, the Foundation aims to strengthen Catholic schools, promote leadership within parishes and agencies, empower communities facing challenges such as poverty and violence, and support healthcare services in areas previously served by St. Anthony Hospital.
Overall, the Archdiocese of Milwaukee Catholic Community Foundation Inc's impactful work supports the mission of the Roman Catholic Church in southeastern Wisconsin by effectively managing resources, addressing community concerns, and driving positive change through its grant distributions.
This information is meant to be a general summary of Archdiocese Of Milwaukee Catholic Community 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: $3,387,065
- Program Service Revenue: $351,729
- Gross Receipts: $27,211,671
Assets and Liabilities:
- Total Assets: $133,228,934
- Total Liabilities: $81,313,155
- Net Assets: $51,915,779
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AGENCY FUND ADMINISTRATIVE FEE
Revenue
$351,729
Organization Details
Founding Year
2000
Phone
(414) 431-6402Principal Officer
Mary Ellen Markowski
Main Address
637 E ERIE ST, MILWAUKEE, WI, 53213
Website
www.legaciesoffaith.orgNTEE Category
Code: T31 - Philanthropy
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