Overview
What is Catholic Foundation Of South Louisiana?
The Catholic Foundation of South Louisiana is a nonprofit organization situated in Schriever, Louisiana. Its primary mission is to enhance Catholic churches, parishes, schools, and services within the communities of South Louisiana. To accomplish this, the foundation engages donors, building assets to drive initiatives and solutions. Simultaneously, it engages Catholic leaders to develop appropriate responses to emerging opportunities and challenges in the region. The organization also evaluates its work and shares the results with stakeholders, aiming to inspire philanthropy and ultimately improve the quality of life in the South Louisiana area.
Official website here: www.catholicfoundationsl.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Catholic Foundation of South Louisiana has achieved an impressive Four-Star rating from Charity Navigator, which reflects its strong commitment to accountability and finance. With a perfect score in several categories, including independent board membership and financial oversight, the organization showcases a robust governance structure that enhances its credibility.
One of the foundation's notable strengths is its exceptional program expense ratio of 91.29%, indicating that a significant portion of its resources is directed towards its charitable programs rather than administrative costs. Additionally, the organization demonstrates excellent fundraising efficiency, managing to raise funds at an exceptionally low cost of $0.01 per dollar, which is indicative of effective operations and donor stewardship.
While the foundation has excelled in various aspects of governance and financial management, no specific limitations or concerns were noted in the provided data. Overall, the Catholic Foundation of South Louisiana appears to be a well-managed nonprofit with a strong emphasis on ethical practices and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
Is Catholic Foundation Of South Louisiana legitimate?
Catholic Foundation Of South Louisiana is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Foundation Of South Louisiana 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: $135,465
Professional Fundraising Fees: $0
Other Salaries and Wages: $190,155
For more financial information, click here
Official website here: www.catholicfoundationsl.org
What is the mission statement of Catholic Foundation Of South Louisiana?
The Catholic Foundation of South Louisiana's mission is centered around enhancing Catholic churches, parishes, schools, and services in the communities of South Louisiana. To achieve this, the organization serves donors, helping them build assets that drive initiatives and solutions. They engage Catholic leaders, encouraging them to develop appropriate responses to emerging opportunities and challenges. The foundation evaluates its work and shares the results with stakeholders. By supporting various Catholic entities in the South Louisiana area, the organization aims to inspire philanthropy and improve the quality of life in the region.
Official website here: www.catholicfoundationsl.org
What is the revenue of Catholic Foundation Of South Louisiana?
Catholic Foundation Of South Louisiana's revenue in 2024 was $5,984,112.
Official website here: www.catholicfoundationsl.org
Who are the executives of Catholic Foundation Of South Louisiana and what are their salaries?
The average compensation at Catholic Foundation Of South Louisiana during 2024 was $54,270. There are 6 employees and 20 volunteers at Catholic Foundation Of South Louisiana.
Here are 19 key members and their salaries:
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- Compensation: $112,495
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- Other: $23,544
Official website here: www.catholicfoundationsl.org
Where can I find the form 990 for Catholic Foundation Of South Louisiana?
Catholic Foundation Of South Louisiana's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.catholicfoundationsl.org
Learn more at the official website: www.catholicfoundationsl.org
Mission Statement of Catholic Foundation Of South Louisiana
The Catholic Foundation of South Louisiana is committed to enhancing the Catholic churches, parishes, schools, and services within the communities of South Louisiana. To achieve this, the organization serves as a platform for donors, building assets that drive initiatives and solutions. It engages Catholic leaders to develop appropriate responses to emerging opportunities and challenges. Furthermore, the Catholic Foundation evaluates its work and shares the results with stakeholders. By supporting various Catholic entities in the South Louisiana region, the organization aims to inspire philanthropy and improve the quality of life in the area.
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Impact
July, 2024
The Catholic Foundation Of South Louisiana enhances the Catholic churches, parishes, schools, and services in the communities of South Louisiana. By serving donors to build assets that drive initiatives and solutions, engaging Catholic leaders to develop appropriate responses to emerging opportunities and challenges, and evaluating its work and sharing the results with stakeholders, the organization aims to inspire philanthropy and improve the quality of life in the region. Through grants to Catholic entities in South Louisiana, the foundation plays a vital role in supporting and strengthening the Catholic community in the area.
This information is meant to be a general summary of Catholic Foundation Of South Louisiana. 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 2024.
- Investment Income: $233,806
- Program Service Revenue: $456,410
- Gross Receipts: $6,041,875
Assets and Liabilities:
- Total Assets: $13,953,926
- Total Liabilities: $3,702,910
- Net Assets: $10,251,016
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE AGREEM
Revenue
$395,000
ADMINISTRAVIE FEE INCO
Revenue
$61,410
Organization Details
Founding Year
2011
Principal Officer
Amy Ponson
Website
www.catholicfoundationsl.orgNTEE Category
Code: T30 - Philanthropy
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