Catholic Community Foundation

Organization Overview

Catholic Community Foundation is located in Cleveland, OH. The organization was established in 1946. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Catholic Community Foundation employed 19 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Catholic Community Foundation 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 12/2021, Catholic Community Foundation generated $50.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.1% each year . All expenses for the organization totaled $26.9m during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Catholic Community Foundation has awarded 110 individual grants totaling $69,747,683. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CATHOLIC COMMUNITY FOUNDATION'S MISSION IS TO FOSTER FAITH-BASED STEWARDSHIP IN THE COMMUNITY FOR SPIRITUAL, EDUCATIONAL AND CHARITABLE BENEFIT FOR ALL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2019, THE FOUNDATION INITIATED THE "HEART OF A SHEPHERD CAMPAIGN" TO FUND THE URGENT NEED FOR CAPITAL RENOVATIONS OF BORROMEO SEMINARY AND ST. MARY SEMINARY, TO ADD TO THE PRIESTS' RETIREMENT FUND, AND TO PROVIDE RELIEF TO NEWLY ORDAINED PRIESTS WHO HAVE STUDENT LOANS OUTSTANDING, AND PROVIDE AN OPPORTUNITY FOR OUR PARISHES ACROSS THE DIOCESE TO RAISE FUNDS FOR PRESSING LOCAL NEEDS. OF THE 179 DIOCESES IN THE UNITED STATES, ONLY 30 HAVE THEIR OWN FREE-STANDING SEMINARY. THERE ARE 71 SEMINARIANS AT BORROMEO AND SAINT MARY SEMINARIES.


THE FOUNDATION ENGAGES IN CHARITABLE FUNDRAISING AND GRANT-MAKING ACTIVITIES TO SUPPORT TUITION ASSISTANCE, CURRICULUM ENHANCEMENT, AND PROGAMMATIC NEEDS OF CATHOLIC ELEMENTARY AND SECONDARY SCHOOLS AND CATECHETICAL SERVICES. THE CATHOLIC DIOCESE OF CLEVELAND IS THE FIFTH LARGEST CATHOLIC SCHOOL SYSTEM IN THE UNITED STATES, AND THE LARGEST PRIVATE OR PUBLIC SCHOOL SYSTEM IN THE STATE OF OHIO. MORE THAN 39,000 STUDENTS ARE ENROLLED IN 109 CATHOLIC ELEMENTARY AND SECONDARY SCHOOLS IN THE DIOCESE OF CLEVELAND. MORE THAN 4,000 STUDENTS RECEIVE NEED-BASED TUITION ASSISTANCE ANNUALLY.


THE FOUNDATION ENGAGES IN CHARITABLE FUNDRAISING AND GRANT-MAKING ACTIVITIES FOR CLEVELAND CATHOLIC DIOCESAN AGENCIES AND INSTITUTIONS. ALTHOUGH NOT SHOWN AS REVENUE ON FORM 990, THE FOUNDATION RAISED $16,149,175 PRIMARILY FOR THE CATHOLIC CHARITIES CORPORATION OF CLEVELAND IN 2021 THROUGH THE FOUNDATION'S ANNUAL APPEAL AND OTHER DONOR GIFTS. CATHOLIC CHARITIES HEALTH AND HUMAN SERVICES IS BUILT AROUND A COMPREHENSIVE APPROACH TO DELIVERING SERVICES CONCENTRATED AROUND FOUR AREAS: CHILDREN AND FAMILIES, BASIC ASSISTANCE, DISABILITIES, AND OLDER ADULTS. CATHOLIC CHARITIES HAS OVER 150 SERVICES AT 60 LOCATIONS THROUGHOUT THE DIOCESE OF CLEVELAND - CUYAHOGA, ASHLAND, GEAUGA, LAKE, LORAIN, MEDINA, SUMMIT, AND WAYNE COUNTIES.


OTHER CHARITABLE FUNDRAISING AND GRANT-MAKING ACTIVITIES FOR CLEVELAND CATHOLIC DIOCESAN AGENCIES AND INSTITUTIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Midwest Direct
Mailing
$132,236
Community Counselling Service Co Llc
Fundraising Consulting
$1,050,416
Academy Graphic Communications Inc
Printing & Mailing
$137,673
Agilis Company
Donations Processing
$106,949
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$37,305
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$34,707,280
Noncash contributions included in lines 1a–1f $3,265,087
Total Revenue from Contributions, Gifts, Grants & Similar$34,744,585
Total Program Service Revenue$2,821,860
Investment income $2,575,062
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $9,706,554
Net Income from Fundraising Events $59,818
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $49,958,901

Grants Awarded

Over the last fiscal year, Catholic Community Foundation has awarded $22,396,305 in support to 26 organizations.

Grant RecipientAmount

SECRETARIATS OF CATHOLIC DIOCESE OF CLEVE

Org PageRecipient Profile

Cleveland, OH

PURPOSE: SOCIAL SERVICES

$21,809,305

CATHOLIC CHARITIES CORPORATION

Org PageRecipient Profile

Cleveland, OH

PURPOSE: GENERAL

$110,000

PARTNERSHIP SCHOOLS

Org PageRecipient Profile

New York, NY

PURPOSE: GENERAL

$100,000

ST MARTIN DE PORRES HIGH SCHOOL

Org PageRecipient Profile

Cleveland, OH

PURPOSE: GENERAL

$30,000

URBAN COMMUNITY SCHOOL

Org PageRecipient Profile

Cleveland, OH

PURPOSE: GENERAL

$30,000

CHURCH OF THE RESURRECTION

Org PageRecipient Profile

Solon, OH

PURPOSE: GENERAL

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 28 grants that Catholic Community Foundation has recieved totaling $8,061,174.

Awarding OrganizationAmount
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$6,839,248
Schwab Charitable Fund

San Francisco, CA

PURPOSE: RELIGION RELATED

$265,423
American Endowment Foundation

Hudson, OH

PURPOSE: RELIGION

$229,833
Louis B & Joan M Perry Familyfoundation

Wadsworth, OH

PURPOSE: PROGRAM AND OPERATIONAL SUPPORT

$205,000
Cleveland Foundation

Cleveland, OH

PURPOSE: PRIEST FINANCIAL SUPPORT IN FORMATION AND RETIREMENT FOR BARROMEO SEMINARY

$174,350
Cleveland Foundation

Cleveland, OH

PURPOSE: PRIEST FINANCIAL SUPPORT IN FORMATION AND RETIREMENT FOR BARROMEO SEMINARY

$77,300
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$53,673,402
Earnings$6,555,370
Net Contributions$1,418,739
Grants$2,060,939
Ending Balance$59,586,572

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