Overview
What is The Catholic Community Foundation?
The Catholic Community Foundation, located at 777 N 1ST ST 490, San Jose, CA 95112, is a nonprofit organization dedicated to supporting various charitable organizations within the Catholic community. Their primary objective involves developing, acquiring, and distributing funds to aid parish, educational, religious, and other related organizations. By doing so, they contribute significantly to the Catholic community's welfare, ensuring its continued growth and development. With a team of 7 dedicated individuals, they serve as a vital link between generous donors and the worthy causes within the Catholic community.
Official website here: www.cfoscc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Catholic Community Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its exceptional standards in accountability and finance. The foundation's score is entirely derived from its robust financial practices, highlighting its commitment to transparency and responsible management of resources.
The organization demonstrates strong governance, with a fully independent board comprised of 15 members. This independence, combined with the implementation of comprehensive policies surrounding conflict of interest, whistleblower protection, and document retention, reinforces the foundation's dedication to ethical operations. Furthermore, the absence of any material diversion of assets and close adherence to financial reporting standards underscore its integrity.
Despite its strengths, the evaluation data does not indicate any specific limitations or areas for improvement within the foundation's operations. Overall, the Catholic Community Foundation stands out as a model of efficiency and responsibility in the nonprofit sector, with high program expense ratios and fundraising efficiency, showcasing its effectiveness in utilizing donations for its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Catholic Community Foundation legitimate?
The Catholic Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Catholic Community Foundation 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: $285,107
Professional Fundraising Fees: $0
Other Salaries and Wages: $369,615
For more financial information, click here
Official website here: www.cfoscc.org
What is the mission statement of The Catholic Community Foundation?
The Catholic Community Foundation's mission is centered around developing, acquiring, and distributing funds. These funds are intended to provide support to a variety of organizations within the Catholic community, including parishes, educational institutions, religious entities, charities, and other related organizations. The primary goal of the foundation is to strengthen and sustain these organizations, thereby contributing to the well-being and growth of the Catholic community as a whole. The foundation also manages donor-advised funds, channeling these funds to deserving charitable organizations in need of support.
Official website here: www.cfoscc.org
Who is the CEO of The Catholic Community Foundation?
Mary Quilici Aumack is the Chair of The Catholic Community Foundation. The CEO's salary of The Catholic Community Foundation is $285,107 and their total compensation is $313,935.
Official website here: www.cfoscc.org
What is the revenue of The Catholic Community Foundation?
The Catholic Community Foundation's revenue in 2022 was $6,107,291.
Official website here: www.cfoscc.org
Who are the executives of The Catholic Community Foundation and what are their salaries?
The average compensation at The Catholic Community Foundation during 2022 was $93,532. There are 7 employees at The Catholic Community Foundation.
Here are 16 key members and their salaries (The Catholic Community Foundation's CEO's salary is $285,107 and their total compensation is $313,935):
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- Compensation: $285,107
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- Other: $28,828
Official website here: www.cfoscc.org
Where can I find the form 990 for The Catholic Community Foundation?
The Catholic Community Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cfoscc.org
Learn more at the official website: www.cfoscc.org
Mission Statement of The Catholic Community Foundation
The Catholic Community Foundation, as a renowned organization, is dedicated to developing, acquiring, and distributing funds. These funds are specifically intended to provide support to a wide array of organizations that fall under the umbrella of the Catholic community. This encompasses parishes, educational institutions, religious bodies, charitable organizations, and various other entities. By doing so, the foundation aims to bolster the collective strength and impact of these organizations within their respective domains.
In essence, the mission of The Catholic Community Foundation is to serve as a catalyst for growth and sustainability within the Catholic community. By developing and acquiring funds, the foundation is able to provide crucial financial support to a diverse range of organizations. This, in turn, enables these organizations to carry out their own missions and serve the community more effectively. Through the distribution of these funds, the foundation plays a vital role in fostering the continued development and success of the Catholic community as a whole.
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Impact
July, 2024
The Catholic Community Foundation's impact is significant in supporting parish, educational, religious, charitable, and other organizations within the Catholic community. By developing, acquiring, and distributing funds, the Foundation plays a crucial role in providing financial support to a diverse range of causes. Through its work in managing donor-advised funds and granting to charitable organizations, the Foundation contributes positively to the welfare and advancement of the Catholic community in San Jose, California.
This information is meant to be a general summary of The Catholic Community Foundation. 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: -$153,475
- Gross Receipts: $44,943,472
Assets and Liabilities:
- Total Assets: $131,022,050
- Total Liabilities: $31,880,026
- Net Assets: $99,142,024
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Organization Details
Founding Year
2004
Phone
(408) 995-5219Principal Officer
Mary Quilici Aumack
Main Address
777 N 1ST ST 490, SAN JOSE, CA, 95112
Website
www.cfoscc.orgNTEE Category
Code: X12 - Religion related
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