Overview
What is The Catholic Foundation Of Greater Philadelphia?
The Catholic Foundation of Greater Philadelphia, located at 100 North 20th Street in Philadelphia, Pennsylvania, is a charitable organization with a mission to help donors achieve their philanthropic goals. By supporting projects, programs, organizations, and initiatives of a Catholic nature, the foundation aims to improve the lives of people and further the mission of the Catholic Church. With a team of 31 employees, the foundation offers donors a platform to make a difference in their community and beyond.
Official website here: www.thecfgp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Catholic Foundation of Greater Philadelphia has achieved an impressive 97% rating from Charity Navigator, signifying high standards in accountability and finance. This score reflects the organization's strong governance practices, including a fully independent board and thorough audit procedures. Their financial health is notable, with a low liabilities to assets ratio and a significant percentage of expenses allocated directly to programs.
The foundation demonstrates exceptional fundraising efficiency, with a minimal cost of $0.07 to raise a dollar, indicating effective resource management. Furthermore, they ensure transparency by maintaining a comprehensive set of policies, including conflict of interest and whistleblower policies, which contribute to their strong ethical framework.
Despite these strengths, it is important for potential donors to consider that while financial metrics are strong, understanding the specific impact of their programs may require further exploration. Overall, The Catholic Foundation of Greater Philadelphia exemplifies a well-managed nonprofit that prioritizes accountability and effective program delivery.
This AI summary has been generated from information found on Charity Navigator.
Is The Catholic Foundation Of Greater Philadelphia legitimate?
The Catholic Foundation Of Greater Philadelphia is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Catholic Foundation Of Greater Philadelphia 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: $791,208
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,058,135
For more financial information, click here
Official website here: www.thecfgp.org
What is the mission statement of The Catholic Foundation Of Greater Philadelphia?
The Catholic Foundation of Greater Philadelphia (CFGP) functions to enhance the mission of the Catholic Church and enrich people's lives. It serves as a platform for philanthropists to achieve their charitable objectives through the financing of projects, programs, organizations, and initiatives of a Catholic nature. CFGP is dedicated to providing donors the opportunity to express their desire to love and support others. By offering support to various Catholic efforts, the foundation aims to make a positive impact on the community and further the church's mission.
Official website here: www.thecfgp.org
Who is the CEO of The Catholic Foundation Of Greater Philadelphia?
Sarah O Hanley is the President An of The Catholic Foundation Of Greater Philadelphia.
Official website here: www.thecfgp.org
What is the revenue of The Catholic Foundation Of Greater Philadelphia?
The Catholic Foundation Of Greater Philadelphia's revenue in 2022 was $23,307,616.
Official website here: www.thecfgp.org
Who are the executives of The Catholic Foundation Of Greater Philadelphia and what are their salaries?
The average compensation at The Catholic Foundation Of Greater Philadelphia during 2022 was $59,656. There are 31 employees and 22 volunteers at The Catholic Foundation Of Greater Philadelphia.
Here are 28 key members and their salaries:
- Compensation: $249,090
- Related: $0
- Other: $37,069
- Compensation: $122,610
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- Other: $9,362
- Compensation: $121,500
- Related: $0
- Other: $7,455
- Compensation: $92,308
- Related: $0
- Other: $13,619
- Compensation: $94,420
- Related: $0
- Other: $532
- Compensation: $23,846
- Related: $0
- Other: $2,264
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Official website here: www.thecfgp.org
Where can I find the form 990 for The Catholic Foundation Of Greater Philadelphia?
The Catholic Foundation Of Greater Philadelphia's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thecfgp.org
Learn more at the official website: www.thecfgp.org
Mission Statement of The Catholic Foundation Of Greater Philadelphia
The Catholic Foundation of Greater Philadelphia (CFGP) is a charitable organization dedicated to enhancing the mission of the Catholic Church and improving the lives of people. By offering donors an avenue to fulfill their philanthropic objectives, the foundation supports various projects, programs, organizations, and initiatives of a Catholic nature.
CFGP acts as a bridge between donors and the causes they care about, enabling them to make a difference in their communities. The foundation's work encompasses a wide range of activities aimed at addressing the needs of others through the support of Catholic-affiliated projects and initiatives. These endeavors seek to foster love, care, and compassion, reflecting the Catholic Church's commitment to social justice and community development.
The Catholic Foundation of Greater Philadelphia's mission is driven by its belief in the transformative power of charitable giving. By connecting donors with worthy causes, the foundation empowers individuals to affect positive change and contribute to the betterment of society as a whole. The foundation's work is a testament to the belief that charitable giving is a powerful force for good, capable of bringing about enduring improvements in the lives of those in need.
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Impact
October, 2024
The Catholic Foundation of Greater Philadelphia significantly enhances the mission of the Catholic Church by addressing the needs of the community and improving the lives of individuals through various charitable initiatives. It serves as a vital link for donors, allowing them to support meaningful projects, programs, and organizations that align with their values and charitable aspirations. This engagement enables community members to express their commitment to love and support others, fostering a culture of giving and compassion throughout the region. By facilitating targeted contributions, the foundation plays a crucial role in uplifting the community, ensuring that essential services and programs remain accessible to those who need them most.
This information is meant to be a general summary of The Catholic Foundation Of Greater Philadelphia. 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: $416,751
- Program Service Revenue: $3,852,796
- Gross Receipts: $23,307,616
Assets and Liabilities:
- Total Assets: $44,939,432
- Total Liabilities: $7,817,297
- Net Assets: $37,122,135
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM CONTRACTS
Revenue
$3,852,796
Organization Details
Founding Year
2012
Phone
(215) 587-5650Principal Officer
Sarah O Hanley
Main Address
100 NORTH 20TH STREET, PHILADELPHIA, PA, 19103
Website
www.thecfgp.orgNTEE Category
Code: X11 - Religion related
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