Catholic Community Foundation Of Minnesota

Organization Overview

Catholic Community Foundation Of Minnesota is located in St Paul, MN. The organization was established in 1994. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Catholic Community Foundation Of Minnesota employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catholic Community Foundation Of Minnesota 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, Catholic Community Foundation Of Minnesota generated $72.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.8% each year . All expenses for the organization totaled $21.8m during the year ending 06/2021. While expenses have increased by 9.4% 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 2015, Catholic Community Foundation Of Minnesota has awarded 2,629 individual grants totaling $109,341,725. 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

TO SUPPORT FINANCIALLY THE SPIRITUAL, EDUCATIONAL AND SOCIAL NEEDS OF OUR CATHOLIC COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION INSPIRES CATHOLIC PHILANTHROPY AND INVESTS, MANAGES, AND DISTRIBUTES CHARITABLE ASSETS AS GUIDED BY OUR DONORS AND OUR CATHOLIC IDENTITY.THE FOUNDATION FACILITATES PLANNED AND CURRENT GIFTS TO ENDOWMENTS AND DONOR ADVISED FUNDS WHICH FINANCIALLY SUPPORT NEEDS IN OUR CATHOLIC COMMUNITY. IN THE PAST YEAR, ALMOST 1,100 CATHOLIC PARISHES, SCHOOLS AND OTHER ORGANIZATIONS BENEFITED FROM NEARLY 3,700 GRANTS FROM THE FOUNDATION, TOTALING $18.6M.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Us Bank Institutional Trust & Custody
Custodial Fees
$242,062
Artisan Partners
Investment Manager
$262,935
Rothschild Asset Management
Investment Manager
$171,946
Lcg Associates
Investment Advisor
$186,370
Nuveen Asset Management Llc
Investment Manager
$152,402
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$29,273,096
Investment income $4,621,655
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $36,904,435
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $72,097,381

Grants Awarded

Over the last fiscal year, Catholic Community Foundation Of Minnesota has awarded $17,530,618 in support to 380 organizations.

Grant RecipientAmount

CATHOLIC CHARITIES

Org PageRecipient Profile

St Paul, MN

PURPOSE: SOCIAL JUSTICE ADVOCACY AND ENGAGEMENT TEAM/CRJC COORDINATOR, FOOD/CLOTHING, GENERAL OPERATING, MATCHING GIFT, PROGRAM SUPPORT

$585,843

CATHOLIC RELIEF SERVICES

Org PageRecipient Profile

Baltimore, MD

PURPOSE: COVID RESPONSE, DISASTER RELIEF, GENERAL OPERATING, PROGRAM SUPPORT

$571,011

CHURCH OF THE HOLY CROSS

PURPOSE: GENERAL OPERATING

$559,400

URBAN HOMEWORKS INC

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: PROGRAM SUPPORT

$500,000

FRIENDS OF EAST AFRICA FOUNDATION

Org PageRecipient Profile

Saint Paul, MN

PURPOSE: CAPITAL IMPROVEMENT, EDUCATION PROGRAMS, PROGRAM SUPPORT

$466,392

VISITATION MONASTERY

PURPOSE: CAPITAL IMPROVEMENT

$451,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Catholic Community Foundation Of Minnesota has recieved totaling $125,000.

Awarding OrganizationAmount
Mcgough Foundation

St Paul, MN

PURPOSE: GENERAL

$125,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$172,939,195
Earnings-$17,995,575
Net Contributions$10,774,878
Grants$4,551,505
Ending Balance$161,166,993

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