Overview
What is The Foundation For The Diocese Of Helena Inc?
The Foundation for the Diocese of Helena Inc. is a nonprofit organization located in Helena, Montana. Its primary mission is to serve and strengthen the community, parishes, ministries, and apostolic mission of the Roman Catholic Diocese of Helena. During the fiscal year, the foundation distributed nearly $1.26 million from its donor-directed temporary and permanent endowment funds. Additionally, it granted $85,000 from its own resources to support parishes or programs lacking financial resources and to assist parishes during the COVID-19 pandemic. The foundation board also designated its own unallocated resources, distributing $58,461 to various endowment funds within the foundation and $25,064 as an unallocated grant to the diocese. The organization operates with a team of four dedicated individuals.
Official website here: www.fdoh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
The Foundation For The Diocese Of Helena Inc has earned a strong Four-Star rating from Charity Navigator, reflecting its high performance in accountability and finance. With an overall score of 92%, the organization demonstrates effective governance and transparency, which is crucial for donor confidence and engagement. Particularly noteworthy is the 100% independence of its board members, ensuring that decisions are made in the best interest of the nonprofit.
The organization has shown exceptional financial health, with program expenses making up 86.27% of total expenses, and a fundraising efficiency ratio of just $0.10 per dollar raised. This indicates that the Foundation effectively utilizes its resources to fund its initiatives, while maintaining a healthy working capital ratio of 19.61 years, suggesting long-term financial stability.
However, the foundation does have room for improvement, particularly in its conflict of interest policy, which is noted as missing according to the evaluation. Addressing this gap could further strengthen its governance practices and enhance stakeholder trust. Overall, the Foundation For The Diocese Of Helena Inc appears to be a responsible and effective nonprofit organization with strong financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is The Foundation For The Diocese Of Helena Inc legitimate?
The Foundation For The Diocese Of Helena Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For The Diocese Of Helena 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: $106,006
Professional Fundraising Fees: $0
Other Salaries and Wages: $46,115
For more financial information, click here
Official website here: www.fdoh.org
What is the mission statement of The Foundation For The Diocese Of Helena Inc?
The Foundation for the Diocese of Helena Inc's mission is centered around serving and strengthening the individuals, parishes, ministries, and apostolic mission of the Roman Catholic Diocese of Helena. This is done by distributing funds from its endowment funds and own resources to support parishes or programs in need, and to assist parishes during times of financial hardship, such as the COVID-19 pandemic. The foundation's board also allocates its own resources to various endowment funds and the diocese itself.
Official website here: www.fdoh.org
Who is the CEO of The Foundation For The Diocese Of Helena Inc?
Daniel Thies is the President of The Foundation For The Diocese Of Helena Inc.
Official website here: www.fdoh.org
What is the revenue of The Foundation For The Diocese Of Helena Inc?
The Foundation For The Diocese Of Helena Inc's revenue in 2022 was $1,839,455.
Official website here: www.fdoh.org
Who are the executives of The Foundation For The Diocese Of Helena Inc and what are their salaries?
The average compensation at The Foundation For The Diocese Of Helena Inc during 2022 was $38,030. There are 4 employees and 17 volunteers at The Foundation For The Diocese Of Helena Inc.
Here are 16 key members and their salaries:
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- Compensation: $81,600
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- Other: $9,048
Official website here: www.fdoh.org
Where can I find the form 990 for The Foundation For The Diocese Of Helena Inc?
The Foundation For The Diocese Of Helena Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fdoh.org
Learn more at the official website: www.fdoh.org
Mission Statement of The Foundation For The Diocese Of Helena Inc
The Foundation for the Diocese of Helena Inc is committed to serving and strengthening the people, parishes, ministries, and apostolic mission of the Roman Catholic Diocese of Helena. This mission involves distributing funds from donor-directed temporary and permanent endowment funds, totaling nearly $1.26 million, as well as making grants from its own unresticted resources in the amount of $85,000. These grants help provide funding for parishes or programs lacking money for specific ministries or projects, and assist parishes with unrestricted resources during the COVID-19 pandemic. Furthermore, the Foundation's board designated its own unresticted resources during the fiscal year, allocating $58,461 to various endowment funds within the Foundation and $25,064 to the Diocese as an unresticted grant. In essence, The Foundation for the Diocese of Helena Inc plays a crucial role in supporting and enhancing the operations and initiatives of the Roman Catholic Diocese of Helena.
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Impact
July, 2024
The Foundation For The Diocese Of Helena Inc has a significant impact on serving and strengthening the people, parishes, ministries, and apostolic mission of the Roman Catholic Diocese of Helena. Through grants and distributions totaling nearly $1.26 million from donor-directed temporary and permanent endowment funds, the foundation supports various programs and initiatives within the diocese. Additionally, it allocated $85,000 from its own unrestricted resources to assist parishes lacking funding for specific ministries or projects, as well as to aid parishes during the COVID-19 pandemic. The foundation's dedication to supporting the diocese is further demonstrated by allocating funds to various endowment funds within the foundation and providing an unrestricted grant of $25,064 to the diocese.
This information is meant to be a general summary of The Foundation For The Diocese Of Helena 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: $952,347
- Program Service Revenue: $2,000
- Gross Receipts: $4,489,717
Assets and Liabilities:
- Total Assets: $37,954,337
- Total Liabilities: $4,127,667
- Net Assets: $33,826,670
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MGT FEES - ANNUITY
Revenue
$2,000
Organization Details
Founding Year
1978
Phone
(406) 389-7051Principal Officer
Daniel Thies
Main Address
PO BOX 1729, HELENA, MT, 59624
Website
www.fdoh.orgNTEE Category
Code: X20 - Religion related
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