St Catherines School Foundation

Organization Overview

St Catherines School Foundation is located in Richmond, VA. The organization was established in 1962. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Catherines School 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 06/2021, St Catherines School Foundation generated $8.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $11.3m during the year ending 06/2021. While expenses have increased by 12.6% 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, St Catherines School Foundation has awarded 40 individual grants totaling $60,837,405. 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 PROMOTE THE WELFARE AND DEVELOPMENT OF ST. CATHERINE'S SCHOOL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION MAKES GRANTS TO ST. CATHERINE'S SCHOOL TO ENABLE THE SCHOOL TO PROVIDE SCHOLARSHIPS TO NEEDY STUDENTS AND SUPPORT ITS FACULTY AND STAFF. ST. CATHERINE'S SCHOOL CURRENTLY ENROLLS IN EXCESS OF 945 STUDENTS, WITH MORE THAN $3.2 MILLION IN FINANCIAL ASSISTANCE AWARDED. IN ADDITION, THE GRANTS TO THE SCHOOL ARE UTILIZED FOR VARIOUS BUILDING PROJECTS AS WELL AS TEACHER'S BENEFITS AND FACULTY SUPPORT.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$7,890,130
Investment income $424,697
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $586,387
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,901,214

Grants Awarded

Over the last fiscal year, St Catherines School Foundation has awarded $13,613,726 in support to 5 organizations.

Grant RecipientAmount

ST CATHERINE'S SCHOOL

Org PageRecipient Profile

Richmond, VA

PURPOSE: BUILDING GRANT

$9,736,922

ST CATHERINE'S SCHOOL

Org PageRecipient Profile

Richmond, VA

PURPOSE: FACULTY SUPPORT

$1,657,183

ST CATHERINE'S SCHOOL

Org PageRecipient Profile

Richmond, VA

PURPOSE: OTHER OPERATING AND RESTRICTED PURPOSES

$1,081,190

ST CATHERINE'S SCHOOL

Org PageRecipient Profile

Richmond, VA

PURPOSE: SCHOLARSHIPS

$1,052,093

ST CATHERINE'S SCHOOL

Org PageRecipient Profile

Richmond, VA

PURPOSE: DAISY DAYS

$86,338
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that St Catherines School Foundation has recieved totaling $22,000.

Awarding OrganizationAmount
Fatherree Foundation

Henrico, VA

PURPOSE: UNRESTRICTED

$20,000
Mraz Charitable Tr

Richmond, VA

PURPOSE: EDUCATION SUPPORT

$1,000
Micawber Foundation Inc

Midlothian, VA

PURPOSE: GENERAL SUPPORT

$750
Halverson Foundation

Steamboat Springs, CO

PURPOSE: UNRESTRICTED

$250
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$56,908,397
Earnings-$7,632,568
Net Contributions$704,091
Grants$3,790,466
Ending Balance$46,189,454

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