Overview
What is Catholic Community Foundation Of San Diego?
The Catholic Community Foundation of San Diego serves as a resource for fostering Catholic legacies, promoting stewardship, and encouraging philanthropy within the Catholic community. As a community foundation, they assist families and individuals in passing on their Catholic heritage and values to future generations. They offer estate and planned giving seminars to parishes, teaching parishioners how to make charitable gifts through their wills or estate plans. The foundation helps build permanent endowment funds for parishes, schools, and other Catholic ministries and organizations, ensuring the original corpus is not invaded while earnings from investments are distributed semi-annually to organizations close to donors' hearts. They adhere to Catholic Values Investing (CVI) standards established by the U.S. Conference of Catholic Bishops and handle the administrative work for endowment funds, providing grants upon donor request. Additionally, the foundation supports the establishment of pass-through donor-advised and designated funds, enabling donors to make an impact both now and in future generations.
Official website here: www.ccfsd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
The Catholic Community Foundation of San Diego has earned a solid Three-Star rating from Charity Navigator, with an overall score of 87%. This rating reflects a strong emphasis on accountability and financial health, showcasing the organization's commitment to transparency and responsible management of funds. The high score is entirely based on the Accountability & Finance category, indicating that the foundation has established robust practices in these areas.
The foundation excels in having a fully independent board with 100% independent members, contributing to effective governance. Its financial practices are transparent, with no reported material diversions of assets and comprehensive audits in place. The organization also has strong policies regarding conflict of interest and whistleblower protections, which further bolster its credibility.
While the Catholic Community Foundation demonstrates impressive financial stability with a program expense ratio of 79.34%, indicating a significant portion of its budget goes directly to its programs, the rating is solely based on financial accountability. There are no noted weaknesses in the data provided, suggesting that the organization operates efficiently and responsibly.
This AI summary has been generated from information found on Charity Navigator.
Is Catholic Community Foundation Of San Diego legitimate?
Catholic Community Foundation Of San Diego is a legitimate nonprofit organization registered as a 501(c)(3) entity. Catholic Community Foundation Of San Diego 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: $206,376
Professional Fundraising Fees: $0
Other Salaries and Wages: $180,330
For more financial information, click here
Official website here: www.ccfsd.org
What is the mission statement of Catholic Community Foundation Of San Diego?
The Catholic Community Foundation of San Diego's mission is centered around receiving, managing, and growing investments. These financial resources are utilized to support and benefit organizations and donors who are aligned with the mission of the Roman Catholic Church. The foundation's purpose extends beyond charitable works within the Roman Catholic Diocese of San Diego, encompassing pious works, apostolic endeavors, and acts of charity, both locally and internationally. The objective is to advance the mission of the Roman Catholic Church through financial aid, thereby contributing to various religious, charitable, and community-building initiatives.
Official website here: www.ccfsd.org
Who is the CEO of Catholic Community Foundation Of San Diego?
Manny Rubio is the Ceo of Catholic Community Foundation Of San Diego. The CEO's salary of Catholic Community Foundation Of San Diego is $160,000 and their total compensation is $206,376.
Official website here: www.ccfsd.org
What is the revenue of Catholic Community Foundation Of San Diego?
Catholic Community Foundation Of San Diego's revenue in 2022 was $4,838,986.
Official website here: www.ccfsd.org
Who are the executives of Catholic Community Foundation Of San Diego and what are their salaries?
The average compensation at Catholic Community Foundation Of San Diego during 2022 was $128,902. There are 3 employees and 36 volunteers at Catholic Community Foundation Of San Diego.
Here are 16 key members and their salaries (Catholic Community Foundation Of San Diego's CEO's salary is $160,000 and their total compensation is $206,376):
- Compensation: $160,000
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- Other: $46,376
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- Other: $15,416
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Official website here: www.ccfsd.org
Where can I find the form 990 for Catholic Community Foundation Of San Diego?
Catholic Community Foundation Of San Diego's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ccfsd.org
Learn more at the official website: www.ccfsd.org
Mission Statement of Catholic Community Foundation Of San Diego
Catholic Community Foundation of San Diego is established with the mission to collect, manage, safeguard, and expand investments that aid organizations and donors who are committed to carrying out the teachings of the Catholic faith. The primary objective of this foundation is to foster, manage, and secure the financial resources essential to support, serve, and benefit various initiatives aligned with the Roman Catholic Church's mission. This encompasses works of piety, apostolate, and charity, extending beyond the boundaries of the Roman Catholic Diocese of San Diego. The Catholic Community Foundation of San Diego plays a significant role in supporting and serving the Roman Catholic Church's mission by channeling financial resources toward charitable, pious, and apostolic endeavors.
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Impact
July, 2024
The Catholic Community Foundation of San Diego plays a crucial role in supporting and promoting Catholic faith-based initiatives in the local community. By managing investments and endowment funds, the foundation helps individuals and organizations uphold their Catholic heritage and values for future generations. Through estate planning seminars and donor-advised funds, the foundation encourages Catholic philanthropy and stewardship, ensuring that donors' intentions are honored and Catholic organizations receive necessary support. Overall, the foundation's impact can be seen in the sustainable growth and continuity of Catholic ministries, schools, and other organizations in the San Diego area.
This information is meant to be a general summary of Catholic Community Foundation Of San Diego. 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: $1,347,650
- Program Service Revenue: $384,568
- Gross Receipts: $53,609,600
Assets and Liabilities:
- Total Assets: $74,956,928
- Total Liabilities: $65,067,533
- Net Assets: $9,889,395
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE INCOME
Revenue
$384,568
Organization Details
Founding Year
2015
Phone
(858) 397-9700Principal Officer
Manny Rubio
Main Address
4747 Morena Blvd 300, SAN DIEGO, CA, 92117
Website
www.ccfsd.orgNTEE Category
Code: X11 - Religion related
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