Cor Mundi Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 861284425 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Cor Mundi Foundation Inc?

Cor Mundi Foundation Inc is a nonprofit organization located at 4728 Spottswood Avenue No 284, Memphis, Tennessee 38117. Its primary mission is to support the charitable interests of its members, particularly in the areas of education, formation, and scholarship, benefiting Catholic organizations, institutions, religious orders, and dioceses. The foundation is dedicated to ensuring these entities uphold and remain faithful to the Roman Catholic Church. The organization's activities are centered around this mission, aiming to promote and support initiatives that align with the Roman Catholic faith.

Is Cor Mundi Foundation Inc legitimate?

Cor Mundi Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cor Mundi Foundation 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: $45,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Cor Mundi Foundation Inc?

The Cor Mundi Foundation Inc is dedicated to supporting the charitable interests of its members, primarily focusing on education, formation, and scholarship. This support is extended to various Catholic organizations, institutions, religious orders, and dioceses to ensure they operate in alignment with and remain faithful to the Roman Catholic Church. The foundation's mission is to encourage and facilitate initiatives that align with the Catholic Church's principles.

Who is the CEO of Cor Mundi Foundation Inc?

Andrew Bowie is the Executive Director of Cor Mundi Foundation Inc.

What is the revenue of Cor Mundi Foundation Inc?

Cor Mundi Foundation Inc's revenue in 2021 was $135,000.

Who are the executives of Cor Mundi Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Andrew Bowie (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen W Bowie (Director/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louisa Bowie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cor Mundi Foundation Inc?

Cor Mundi Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Cor Mundi Foundation Inc

Cor Mundi Foundation Inc is dedicated to supporting the charitable interests of its members, focusing primarily on education, formation, and scholarship for Catholic organizations, institutions, religious orders, and dioceses. The organization's mission is to ensure that these entities operate in alignment with and uphold the fidelity of the Roman Catholic Church. Cor Mundi Foundation Inc serves as a vital supporter, providing initiatives and resources to ensure these organizations remain true to their Catholic roots and continue their noble work. The foundation's activities aim to strengthen and foster the growth of these Catholic entities, thereby promoting the values and teachings of the Roman Catholic Church.

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Impact




October, 2024

Cor Mundi Foundation Inc significantly influences the Catholic community by supporting educational initiatives, formation programs, and scholarships tailored specifically for Catholic organizations, institutions, religious orders, and dioceses. By aligning these efforts with the values and teachings of the Roman Catholic Church, the Foundation fosters an environment where members can thrive in their charitable endeavors.

The Foundation’s support extends to enhancing the capabilities and reach of various Catholic institutions, ensuring they remain faithful to the mission of the Church. This emphasis on education and formation not only benefits individual members but also strengthens the broader Catholic community in Memphis, TN, and beyond. Through its initiatives, Cor Mundi Foundation Inc contributes to the spiritual and educational growth of its members, thereby nurturing a robust and steadfast commitment to Catholic values and service.




This information is meant to be a general summary of Cor Mundi Foundation 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.

Revenue
$135,000 (2021)
Expenses
$136,250 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $135,000

Assets and Liabilities:

  • Total Assets: $100
  • Total Liabilities: $1,350
  • Net Assets: -$1,250

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Organization Details

Founding Year

2021

Principal Officer

Andrew Bowie

Main Address

4728 SPOTTSWOOD AVENUE NO 284, MEMPHIS, TN, 38117

NTEE Category

Code: Z99 - Unknown

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