Loyola Foundation Inc is located in Fairfax, VA. The organization was established in 1964. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Loyola Foundation Inc 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 12/2022, Loyola Foundation Inc generated $524.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.4%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTANCE TO CATHOLIC MISSION ACTIVITIES, PRIMARILY IN LESS DEVELOPED COUNTRIES. ASSISTING OVER 150 CATHOLIC-RELATED ORGANIZATIONS WORLDWIDE. TOTAL GRANTS = $2,105,630
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert G Mccarthy IV Executive Director/trustee | 40 | $119,914 | |
Denise M Hattler Trustee | 1 | $0 | |
Daniel J Altobello Trustee | 1 | $0 | |
Kathleen Dh Carr Trustee | 1 | $0 | |
Andrea Hattler-Bramson President/trustee | 1 | $0 | |
Hilary A Hattler Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $208 |
| Dividends & Interest | $557,604 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$33,257 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $524,555 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $119,914 |
| Other employee salaries and wages | $87,397 |
| Pension plans, employee benefits | $115,081 |
| Interest | $0 |
| Taxes | $33,851 |
| Depreciation | $700 |
| Occupancy | $28,298 |
| Travel, conferences, and meetings | $273,937 |
| Printing and publications | $5,321 |
| Other expenses | $106,418 |
| Total operating and administrative expenses | $1,097,252 |
| Contributions, gifts, grants paid | $2,105,630 |
| Total expenses and disbursements | $3,202,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $110,600 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $119,471 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $935 |
| Other assets | $0 |
| Total assets | $30,334,793 |
| Accounts payable and accrued expenses | $42,958 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $42,958 |