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 06/2020, Catholic Community Foundation Of Minnesota employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Catholic Community Foundation Of Minnesota generated $35.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $22.2m during the year ending 06/2020. While expenses have increased by 11.4% per year over the past 6 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 1,888 individual grants totaling $75,461,806. 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

2020

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, OVER 900 CATHOLIC PARISHES, SCHOOLS AND OTHER ORGANIZATIONS BENEFITED FROM NEARLY 3,200 GRANTS FROM THE FOUNDATION, TOTALING $18.0M.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Us Bank Institutional Trust & Custody
Custodial Fees
$219,924
Lcg Associates
Investment Advisor
$168,058
Nuveen Asset Management Llc
Investment Manager
$120,228
Artisan Partners
Investment Manager
$222,794
Rothschild Asset Management
Investment Manager
$137,400
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$28,282,648
Investment income $5,406,383
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,001,152
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $35,853,848

Grants Awarded

Over the last fiscal year, Catholic Community Foundation Of Minnesota has awarded $17,098,525 in support to 358 organizations.

Grant RecipientAmount

SAINT JOHN VIANNEY SEMINARY

Org PageRecipient Profile

Saint Paul, MN

PURPOSE: CAPITAL IMPROVEMENTS, GENERAL SUPPORT, SCHOLARSHIP FUND, TUITION ASSISTANCE

$1,000,103

THE SAINT PAUL SEMINARY

PURPOSE: ARCHBISHOP FLYNN CATECHETICAL INSTITUTE, CAMPAIGN GIFT, ENDOWMENT GIFT, GENERAL SUPPORT, MSGR. JEROME QUINN INSTITUTE, ON-GOING CLERGY FORMATION, SCHOLARSHIP FUND, TUITION ASSISTANCE

$937,698

CATHOLIC CHARITIES

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: CAMPAIGN GIFT, CORONAVIRUS RESPONSE, GENERAL SUPPORT, MISSION IMPACT GRANT, PROGRAM SUPPORT

$740,388

AIM HIGHER FOUNDATION

Org PageRecipient Profile

St Paul, MN

PURPOSE: CAMPAIGN GIFT, SCHOLARSHIP FUND

$701,240

CHURCH OF THE HOLY CROSS

PURPOSE: GENERAL SUPPORT, NE CATHOLIC COLLECTIVE'S CATHOLIC SOCIAL TEACHING COURSE, PROFESSIONAL DEVELOPMENT

$554,485

URBAN HOMEWORKS INC

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: GENERAL SUPPORT

$500,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Catholic Community Foundation Of Minnesota has recieved totaling $236,000.

Awarding OrganizationAmount
Mcgough Foundation

St Paul, MN

PURPOSE: GENERAL

$125,000
Saint Paul & Minnesota Foundation

Saint Paul, MN

PURPOSE: MULTIPLE PURPOSES

$111,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$121,083,737
Earnings-$872,410
Net Contributions$8,497,596
Grants$3,836,430
Ending Balance$124,872,493

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