Custos Foundation
- Assets
- $8.3m
- Revenue
- $98.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Philadelphia, PA
- Founding
- Data as of
- 12/2022
- EIN
- 87-3902137
Organization Overview
Custos Foundation is located in Philadelphia, PA. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Custos 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 12/2022, Custos Foundation generated $98.7k in total revenue. All expenses for the organization totaled $593.1k during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CUSTOS FOUNDATION'S MISSION IS TO SUPPORT THE WORLDWIDE OPERATIONS AND ACTIVITIES OF THE CATHOLIC CHURCH BY EDUCATING THE PUBLIC ON AND PRESERVING THE FIVE MAIN PILLARS OF THE CHRISTIAN FAITH: THE CHRISTIAN TRADITION THE FAMILY ETHOS DIGNITY AND SACREDNESS OF LIFE WESTERN THOUGHT AND ALL FORMS OF SACRED ART.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CUSTOS FOUNDATION "THE FOUNDATION" ENGAGES IN A VARIETY OF PROGRAMMATIC ACTIVITIES INCLUDING HOLDING CULTURAL EVENTS FOR PUBLIC EDUCATION ORGANIZING PILGRIMAGES TO HISTORIC AND RELIGIOUSLY SIGNIFICANT SITES SUPPORTING EFFORTS TO PRESERVE AND PROTECT SACRED ART AND EDUCATE THE PUBLIC ON THE IMPORTANCE OF PRESERVING SACRED ART AND MAKING CHARITABLE GRANTS TO ORGANIZATIONS ENGAGED IN CULTURAL HISTORICAL AND ARTISTIC ENDEAVORS IN THE WESTERN TRADITION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Laconi President Director | OfficerTrustee | 2 | $0 |
George Gunning Treasurer Director | OfficerTrustee | 2 | $0 |
Kyle Pilares Director As Of 3 2022 | Trustee | 2 | $0 |
Diane Montagna Director Until 3 2022 Advisor | Trustee | 2 | $57,500 |
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 | $80,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $80,000 |
| Total Program Service Revenue | $0 |
| Investment income | $18,715 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $98,715 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $61,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $211,853 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $158,577 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $5,500 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $81,152 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $75,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $593,082 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,429,907 |
| 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 | $5,833,869 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,263,776 |
| 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 | $8,263,776 |
| Net assets with donor restrictions | $0 |
| 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 | $8,263,776 |
Grants Awarded
Over the last fiscal year, Custos Foundation has awarded $61,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE NEUMANN FORUM PURPOSE: General Mission Support | $35,000 |
PRESERVE THE LATIN MASS INC PURPOSE: General Mission Support | $6,000 |
INTERNATIONAL INSTITUTE FOR CULTURE PURPOSE: General Mission Support | $10,000 |
PRIESTLY FRATERNITY OF SAINT PETER PURPOSE: General Mission Support | $10,000 |