United States Catholic Conference
- Assets
- $123.9m
- Revenue
- $12.2m
- Investments
- $75.6m
- Employees
- 0
- Location
- Braintree, MA
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 04-3071454
Organization Overview
United States Catholic Conference is located in Braintree, MA. The organization was established in 1946. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. United States Catholic Conference is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, United States Catholic Conference generated $12.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (27.9%) each year. All expenses for the organization totaled $13.5m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (18.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, United States Catholic Conference has awarded 491 individual grants totaling $79,904,236. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CATHOLIC COMMUNITY FUND OF THE ARCHDIOCESE OF BOSTON, INC. ("CCF") WAS ORGANIZED AS THE THIRD CENTURY FUND UNDER MASSACHUSETTS LAW ON NOVEMBER 15, 1989, RENAMED THE CATHOLIC FOUNDATION OF THE ARCHDIOCESE OF BOSTON, INC. ("CATHOLIC FOUNDATION") IN 2000, AND RENAMED TO ITS CURRENT NAME IN 2011. THE PURPOSE OF CCF IS TO DEVELOP INSTITUTIONAL SUPPORT, BOTH BY WAY OF RAISING FUNDS FOR ENDOWMENT AND OTHER SOURCES OF FINANCIAL SUPPORT, IN ORDER TO ADVANCE THE MINISTRIES AND PROGRAMS OF THE ARCHDIOCESE OF BOSTON (THE "ARCHDIOCESE"), AND TO RECEIVE GIFTS AND BEQUESTS, WHETHER RESTRICTED OR UNRESTRICTED, ENDOWMENT OR NON-ENDOWMENT, AND TO MANAGE AND EXPEND ALL SUCH FUNDS CONSISTENT WITH THEIR PURPOSES AND THE CHARITABLE INTENT OF THE DONORS. IN DOING SO, CCF IS HELPING TO FULFILL AND SUPPORT THE MISSION OF THE ARCHDIOCESE. DURING FISCAL YEAR 2018, CCF ASSUMED THE RESPONSIBILITY TO RECEIVE, MANAGE AND DISTRIBUTE GIFTS RELATED TO THE INSPIRING HOPE CAMPAIGN FOR THE ARCHDIOCESE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE PROGRAM IS TO DEVELOP INSTITUTIONAL SUPPORT, BOTH BY WAY OF RAISING FUNDS FOR ENDOWMENT AND OTHER SOURCES OF FINANCIAL SUPPORT, IN ORDER TO ADVANCE THE MINISTRIES AND PROGRAMS OF THE ARCHDIOCESE AND TO RECEIVE GIFTS AND BEQUESTS, WHETHER RESTRICTED OR UNRESTRICTED, ENDOWMENT OR NON-ENDOWMENT, AND TO MANAGE AND EXPEND ALL SUCH FUNDS CONSISTENT WITH THEIR PURPOSES AND THE CHARITABLE INTENT OF THE DONOR.
INSPIRING HOPE IS THE FIRST MAJOR CAPITAL CAMPAIGN CONDUCTED IN THE ARCHDIOCESE SINCE 2003. FUNDS FOR THE CAMPAIGN WILL SUPPORT PROGRAMS, CAPITAL EXPENDITURES AND ENDOWMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John E Straub Treasurer | OfficerTrustee | 1 | $0 |
Francis O'connor ESQ Assistant Secretary | OfficerTrustee | 1 | $0 |
Cardinal Sean P O'malley Ofmc Chairman | OfficerTrustee | 1 | $0 |
Patricia Kelleher Bartram President | OfficerTrustee | 1 | $0 |
Very Rev Jonathan P Defelice Osb Trustee | Trustee | 1 | $0 |
Lisa Lipsett ESQ Executive Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,729,952 |
| Noncash contributions included in lines 1a–1f | $412,392 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,729,952 |
| Total Program Service Revenue | $0 |
| Investment income | $2,511,461 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,241,413 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,462,565 |
| Grants and other assistance to domestic individuals. | $90,562 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $907,880 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $13,461,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,298,768 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $23,311,824 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $75,618,220 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,693,946 |
| Total assets | $123,922,758 |
| Accounts payable and accrued expenses | $1,348,931 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,588,950 |
| Total liabilities | $14,937,881 |
| Net assets without donor restrictions | -$1,630,437 |
| Net assets with donor restrictions | $110,615,314 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $123,922,758 |
Grants Awarded
Over the last fiscal year, United States Catholic Conference has awarded $10,851,587 in support to 80 organizations.
| Grant Recipient | Amount |
|---|---|
Braintree, MA PURPOSE: CATHEDRAL OF THE HOLY CROSS RENOVATION | $1,395,997 |
South Boston, MA PURPOSE: INSPIRING HOPE CAMPAIGN DISTRIBUTION | $1,211,918 |
Braintree, MA PURPOSE: INSPIRING HOPE CAMPAIGN DISTRIBUTION | $1,011,985 |
Braintree, MA PURPOSE: CSF DISTRIBUTION | $996,821 |
ST CECILIA PARISH BOSTON PURPOSE: INSPIRING HOPE CAMPAIGN DISTRIBUTION | $929,144 |
Braintree, MA PURPOSE: PROFESSSIONAL DEVELOPMENT TEACHERS & PRINCIPALS | $325,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that United States Catholic Conference has recieved totaling $65,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $45,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: RELIGIOUS | $20,000 |
Endowment Analysis
| Beg. Balance | $51,565,364 |
| Earnings | $15,278,650 |
| Net Contributions | $2,389,486 |
| Other Expense | $1,674,824 |
| Ending Balance | $67,558,676 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Word Of Life Foundation Inc Schroon Lake, NY | $29,167,251 | $32,657,621 |
United States Catholic Conference Braintree, MA | $123,922,758 | $12,241,413 |
Episcopal Church Foundation New York, NY | $650,053,865 | $6,623,247 |
American Friends Of Lev Aharon New York, NY | $614,615 | $3,691,815 |
Jewish Foundation Of Greater New Haven Inc Woodbridge, CT | $82,672,017 | $6,191,311 |
Friends Of Odyssey Impact Inc New York, NY | $9,035,601 | $1,158,270 |
Trustees Of Colt Bequest Inc Hartford, CT | $74,046,070 | $7,649,069 |
Icny Land Owner Corporation New York City, NY | $36,528,101 | $2,265,710 |
Shuvi Nafshi Foundation Inc Brooklyn, NY | $171,733 | $1,661,417 |
Fundamental Baptist Mission To India Foundation Amherst, NH | $21,580 | $1,489,126 |
Jem Foundation Inc Brooklyn, NY | $1,781,037 | $2,083,795 |
American Friends Of Migdal Torah Inc Brooklyn, NY | $316,032 | $1,219,610 |