Catholic Charities Foundation Of The Diocese Of Venice Inc
- Assets
- $16.6m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Venice, FL
- Founding
- 03/1999
- Data as of
- 06/2021
- EIN
- 65-0889322
Organization Overview
Catholic Charities Foundation Of The Diocese Of Venice Inc is located in Venice, FL. The organization was established in 1999. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Catholic Charities Foundation Of The Diocese Of Venice 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 06/2021, Catholic Charities Foundation Of The Diocese Of Venice Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $987.1k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SOLICIT, MAINTAIN, AND DEVELOP FUNDS TO BE USED FOR THE MISSION OF CATHOLIC CHARITIES OF THE DIOCESE OF VENICE, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT OF RESTRICTED AND UNRESTRICTED ENDOWMENTS FOR THE LONG-TERM FUNDING OF CATHOLIC CHARITIES, DIOCESE OF VENICE, INC., SERVICES AND PROGRAMS
PROVIDE SCHOLARSHIPS FOR CATHOLIC EDUCATION THROUGHOUT THE DIOCESE OF VENICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Robert Klosterman Vice Chair | OfficerTrustee | 5 | $0 |
Mrs Mary Pat Mcnally Chair | OfficerTrustee | 5 | $0 |
Mr Robert Weaver Treasurer | OfficerTrustee | 5 | $0 |
Mrs Joanne Kuehner Secretary | OfficerTrustee | 5 | $0 |
Eduardo Gloria COO And Interim CEO | Officer | 5 | $0 |
Philomena Pereira President | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,358,665 |
| Noncash contributions included in lines 1a–1f | $849,992 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,358,665 |
| Total Program Service Revenue | $0 |
| Investment income | $302,269 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $676,215 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,337,149 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $883,286 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $65,682 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,244 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $363 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $987,126 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $909,596 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $15,734,205 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,643,801 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $3,391,055 |
| Net assets with donor restrictions | $13,252,746 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,643,801 |
Grants Awarded
Over the last fiscal year, Catholic Charities Foundation Of The Diocese Of Venice Inc has awarded $883,286 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Venice, FL PURPOSE: PREVENTION SERVICES & HOMELESSNESS | $649,272 |
St Petersburg, FL PURPOSE: SCHOLARSHIPS | $234,014 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Catholic Charities Foundation Of The Diocese Of Venice Inc has recieved totaling $335,854.
| Awarding Organization | Amount |
|---|---|
Harry Chapin Food Bank Of Southwest Florida Inc Fort Myers, FL PURPOSE: Food for public distribution | $335,854 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tigers Unlimited Foundation Auburn, AL | $119,888,484 | $62,585,333 |
Illuminations Foundation Inc Alpharetta, GA | $6,093,722 | $37,103,304 |
Florida Gulf Coast University Financing Corporation Fort Myers, FL | $204,897,690 | $19,327,322 |
Dr Phillips Inc Orlando, FL | $219,173,154 | $19,084,709 |
Cf Foundation Inc Atlanta, GA | $60,851,215 | $5,130,874 |
W I H Pitts Memorial Fund Ua 1125291 Orlando, FL | $81,861,752 | $8,345,825 |
World Poultry Foundation Inc Tucker, GA | $28,014,565 | $2,601,293 |
Disease Management Network Inc Coral Gables, FL | $1,845,694 | $4,211,323 |
Greater Orlando Childrens Miracle Network Inc Orlando, FL | $3,305,504 | $3,670,113 |
Waterfall Foundation Inc Atlanta, GA | $17,781,141 | $467,284 |
The Catholic Foundation Of Central Florida Inc Orlando, FL | $91,215,748 | $5,046,081 |
Jewish Family Services Of Broward Foundation Inc Davie, FL | $15,511,369 | $3,786,697 |