2024-01-22T15:23:52-06:00 2023-06-30 204193611 Batts Morrison Wales and Lee PA 801 North Orange Avenue Suite 800 Orlando FL 32801 990 2022-07-01 260879378 The Catholic Foundation of Central Florida Inc CATH 4072464889 50 East Robinson Street Orlando FL 32801 Kimberlee Riley President & CEO 4072464889 2024-01-19 1 Kimberlee Riley 999009999 1 Kaylyn A Varnum CPA P01691975 4077706000 2024-01-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Kimberlee Riley 50 East Robinson Street Orlando FL 32801 10030851 0 X www.cfocf.org X 2007 FL To inspire and increase giving, to prudently invest the resources entrusted to us, and to capably steward those charitable gifts to support the spiritual and corporal needs of the community of the Diocese of Orlando. 16 13 28 19 0 0 1780427 1651497 2441843 2478376 823811 253564 0 0 5046081 4383437 808517 884041 0 0 1461903 1649289 0 0 7926 1079729 1146494 3350149 3679824 1695932 703613 91215748 98507369 67662709 72432007 23553039 26075362 X Encourage selfless stewardship, safeguard and promote accountability of the gifts entrusted to our care, and engage donors in support of the spiritual, educational and social needs of the community. 0 0 1347474 0 1737565 Community Services: The Foundation provides management and consulting services for diocesan parishes, schools and entities to improve financial wellness. The Foundation's offertory enhancement initiative supports parishes with securing necessary resources through a spiritually-based program focused on stewardship and discipleship. The Foundation provides feasibility studies and capital campaigns at the local and diocesan levels to address large-scale projects. The Foundation's expert staff support clergy and lay leadership in determining capacity, defining case for support and engaging the faithful in meeting critical facility and ministry needs. The Foundation manages the annual diocesan campaign and supports each parish with this appeal which funds diocesan-wide ministries. The Foundation provides advancement consulting and training services to clergy and lay leadership on evidence-based practices for mission and operational effectiveness of governance, communications, fundraising, ethics and donor relations. 1109099 884041 379565 Grantmaking and Managing Charitable Funds: Endowed funds provide a permanent source of recurring revenue that supports the work of the Church in perpetuity. Reserve and donor advised funds provide sources of revenue for current and intermediate needs for improving the quality of life in the community. The Foundation provides a professionally managed best-of-class investment program which is fully compliant with US Conference of Catholic Bishops social value screening guidelines along with maximized returns and competitive fees. Annual endowment distributions along with reserve fund distributions are guided by donor intent. The Foundation's funds provide donors the opportunity to achieve their philanthropic goals to benefit and meet the needs of the community including tuition assistance, services for vulnerable populations, ministry growth, retired priests, seminarians and more. 551733 0 361246 Donor Services: The Foundation supports individuals and families with achieving their philanthropic goals of impacting lives through their charitable giving in the diocese and broader community. The professional staff provides educational and advisory services to both clergy and lay leadership as well as donors on stewardship, gift planning, charitable giving vehicles, legacy planning, and collective and engaged philanthropy. The Foundation provides grants to support community capacity building and inspire philanthropy supporting Catholic and Catholic-compliant Foundations addressing the most pressing needs and social issues in Central Florida. The Foundation provides services for processing complex gifts and resources received via planned and legacy giving, donor advised fund giving, individual and family philanthropy. 3008306 1 1 0 0 0 1 0 0 1 1 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 0 0 1 28 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 13 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X Nia Herald 4072464889 50 East Robinson Street Orlando FL 32801 X Erika Wikstrom Director - See Sch O for Note 1 1.00 40.00 X 0 1 1 Fr Ivan Olmo Director - See Sch O for Note 1 1.00 40.00 X 0 1 1 Fr John Giel Dir. (e. 2/23)-See Sch O for Note 1 1.00 40.00 X 0 1 1 Fr Richard Trout Director - See Sch O for Note 1 1.00 40.00 X 0 1 1 John Kancilia Treasurer/Director (ended 10/22) 1.50 X X 0 0 0 Kevin Bowler Vice-Chair/Director 1.00 X X 0 0 0 Randall Scott Treasurer/Director 1.00 X X 0 0 0 Tom Chandler Chair/Director 2.50 X X 0 0 0 Andrew Orosz Director (began 2/23) 1.00 X 0 0 0 David R Ramos Director 1.00 X 0 0 0 Elisha Gonzalez Director 1.00 X 0 0 0 Garrett Burke Director (began 2/23) 1.00 X 0 0 0 Jessica Cepero Bracero Director 1.00 X 0 0 0 Karen Monteleone Director 1.00 X 0 0 0 Lori Tolland Director 1.00 X 0 0 0 Sr Maria Teresa Acosta Director 1.00 X 0 0 0 Orlando Evora Director (ended 10/22) 1.00 X 0 0 0 Dr Robert Kryger Director 1.00 X 0 0 0 Wendy Mara Director (began 2/23) 1.00 X 0 0 0 Kimberlee Riley President 40.00 X 143889 0 11867 Madelyn Weed V.P. Donor Services 40.00 X 98293 0 29477 Marta Sweeney V.P. Community Services 40.00 X 96897 0 15818 Gabriel Pedrero V.P./CFO (ended 11/22) 40.00 X 77260 0 24309 Susan Hunt Controller 40.00 X 77869 0 14924 Nia Herald V.P. and CFO (began 12/22) 40.00 X 3462 0 277 497670 4 96676 1 0 1 0 0 651929 999568 74015 1651497 Development & Stewardship Fees 541990 1845491 1845491 Investment Management Fees 523940 378282 378282 Campaign Service Fees 561499 254603 254603 2478376 443732 443732 5457246 5647414 -190168 -190168 -190168 4383437 2478376 0 253564 884041 884041 598222 427029 167651 3542 740496 498887 237225 4384 95507 57349 38158 120540 72381 48159 94524 56759 37765 4721 4721 33734 33734 116688 97419 19269 220498 216192 4306 487920 460722 27198 149866 145311 4555 90557 71357 19200 33085 20859 12226 9425 9425 3679824 3008306 663592 7926 1526311 1851741 410434 428765 4131 3381 127645 99578 20205 28067 50971644 52411472 38133556 43607222 149467 176721 91215748 98507369 131490 417848 93927 129167 66817893 71425311 619399 459681 67662709 72432007 X 1914782 2020331 21638257 24055031 23553039 26075362 91215748 98507369 X 703613 1810186 8524 X X 0 1 X 1 0 X 841966 1390699 1728045 1780427 1651497 7392634 841966 1390699 1728045 1780427 1651497 7392634 332946 7059688 323909 250574 373953 305691 443732 1697859 9090493 12165588 0.77660 0.77570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12 221929 188689 583895 1 1 0 1 X 19103780 878371 1788202 637301 95612 21037440 21944387 874977 -3053505 555865 106214 19103780 16872487 645242 5113866 599020 88188 21944387 16818619 606626 154260 596050 110968 16872487 15965382 547760 753635 339823 108335 16818619 0.00000 0.73066 0.26934 0 0 127645 99578 28067 28067 Kiltearn 3654559 F SSGA 28450249 F Western 7650157 F Wellington 3852257 F 43607222 Charitable Gift Annuity Investmts. 459681 459681 6085459 1810186 8524 1818710 4266749 116688 116688 4383437 3563136 0 3563136 116688 116688 3679824 Part IV, Line 2b: The Foundation acts as an agent for and on behalf of donors, receiving assets from the donors and agreeing to use those assets on behalf of, or transfer those assets, the return on investment of those assets, or both to the designated beneficiaries. The Foundation also manages the investments of certain funds for other Catholic organizations within the Diocese. Part V, Line 4: The Foundation's endowment funds are designated to support certain ministries and programs within the Diocese of Orlando and the operations of the Foundation. Endowment distributions provide sustainable revenue to further the spiritual, educational and social needs of the Central Florida Community. Part XI, Line 2d - Other Adjustments: Change in Leadership Gift Discount 8,524. 1 Diocese of Orlando PO Box 1800 Orlando FL 32801 591215378 501(c)(3) 284645 0 Operating and clergy support Holy Spirit Catholic Church Lake Wales 644 S 9th St Lake Wales FL 33853 590711175 501(c)(3) 132649 0 Parish support and ministry to the needy Catholic Charities of Central Florida Inc 1819 N Semoran Blvd Orlando FL 32807 591214353 501(c)(3) 107036 0 Ministry to the needy National Eucharistic Congress Inc c/o Eucharistic Congress Inc Notre Dame IN 46556 881152082 501(c)(3) 10000 0 Operating Support Our Lady of Lourdes Catholic School Melbourne 420 E Fee Ave Melbourne FL 32901 596033527 501(c)(3) 8980 0 Tuition assistance Basilica of the National Shrine of Mary Queen of the Universe 8300 Vineland Ave Orlando FL 32821 592328306 501(c)(3) 6700 0 Parish support Catholic Leadership Institute 301 Lindenwood Drive Suite 310 Malvern PA 19355 232661414 501(c)(3) 6000 0 Operating support Cristo Rey Orlando 11 East Adams Street Chicago IL 60603 043730980 501(c)(3) 20000 0 Operating support Father Lopez Catholic High School 3918 LPGA Blvd Daytona Beach FL 32124 590874779 501(c)(3) 15000 0 Operating support Prince of Peace Catholic Church 600 S Nova Rd Ormond Beach FL 32174 596496260 501(c)(3) 9500 0 Parish support St Brendan Catholic Church 1000 Ocean Shore Blvd Ormond Beach FL 32176 591010681 501(c)(3) 15000 0 Parish support St John Vianney Catholic Church 6200 S Orange Blossom Trl Orlando FL 32809 590939908 501(c)(3) 7130 0 Parish support St Margaret Mary Catholic Church 526 N Park Ave Winter Park FL 32789 590855407 501(c)(3) 10000 0 Tuition assistance and parish support Waterleaf Womens Clinic 3055 New York St Aurora IL 60504 270309870 501(c)(3) 5500 0 Operating support 14 0 Part I, Line 2: All assistance is acknowledged by the recipient in writing, documenting their commitment to use the funds as designated in the endowment agreement or by the donor. Part II, Line 1: In addition to the grants reported herein, the Foundation manages investment funds for related organizations and also makes grants under $5,000 to U.S. Catholic-compliant organizations in furtherance of their charitable purposes. Through these funds and other grants, the Foundation granted an additional $4,018,000 supporting 67 organizations. X X X X 0 0 0 0 0 0 0 0 0 Kimberlee Riley President 136714 0 0 0 7175 0 11480 0 387 0 155756 0 0 0 X 2 74015 Fair Market Value 0 0 1 0 Part I, Column (b): The Foundation is reporting in part I, column (b), the number of contributions received. Form 990, Part VI, Section A, line 2 Garrett Burke and Tom Chandler have a business relationship. Form 990, Part VI, Section A, line 2 Garrett Burke and Andrew Orosz have a business relationship. Form 990, Part VI, Section A, line 6 The Foundation has five corporate members. The Foundation's Members include the Bishop of the Diocese of Orlando (or the Diocesan Administrator, in the case of a vacant See); the Vicar General of the Diocese or other appointee of the Bishop; the Chancellor/COO; the Chair of the Foundation's Board of Directors; and the Treasurer of the Foundation's Board of Directors. Form 990, Part VI, Section A, line 7a The Directorship Committee of the Board recruits, selects and submits a slate of potential directors to the Members. The Members approve potential directors who are submitted to the Board for election. Form 990, Part VI, Section A, line 7b The corporate members of the Foundation approve significant decisions of the governing body, including liquidation or dissolution of the Foundation; merger, consolidation, or transfer of the Foundation's assets; amendments to the Foundation's governing documents; and certain other governing decisions. Form 990, Part VI, Section B, line 11b The Foundation's top management official and top financial official each review the Form 990 prior to its filing with the IRS. A copy of the final Form 990 is also provided to the voting members of the Foundation's governing body prior to its filing with the IRS. Form 990, Part VI, Section B, line 12c The Foundation's conflict of interest policy is distributed to each member of the Foundation's governing body, its officers and its key employees on an annual basis. Each such individual provides an annual disclosure statement indicating that they have received, read, understood and agreed to comply with the policy, certifying that: (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate Foundation officials to take appropriate actions as required by the policy. Conflicts are monitored on a continuing basis and appropriate actions are taken when necessary. Form 990, Part VI, Section B, line 15 The Foundation has adopted an executive compensation setting policy applicable to all disqualified persons, including the Foundation's President, officers and key employees. Under the policy, an independent committee of the Board of Directors annually reviews and approves the compensation levels of all individuals subject to the policy. The deliberations and decisions of the committee are contemporaneously substantiated. The committee utilizes comparability data in its deliberations; updated comparability data is obtained annually. Form 990, Part VI, Section C, line 19 The Foundation provides, upon request, copies of its Articles of Incorporation, bylaws, conflict of interest policy, and its financial statements. Form 990, Part VII, Line 1: The Foundation's Board members for which a "1" appears in Part VII, Column E or F are compensated by related organizations of the Foundation. These related organizations have missions or religious purposes that align with the Foundation but are separately managed and operated, and provide different services to their members or customers. The related organizations, which are exempt from filing Form 990, have represented to the Foundation that, as a matter of policy, they do not disclose employee compensation information to third parties, including related organizations. Accordingly, though the Foundation has made a reasonable effort to obtain the information by written request, the compensation of these individuals by related parties has not been reported in Part VII. None of the compensation paid by the related organizations to these individuals relates to services provided to the Foundation. Form 990, Part XI, line 9: Change in Leadership Gift Discount 8,524. Form 990, Part XII, Line 2c: The Foundation's Board of Directors, or a committee thereof, assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year. Diocese of Orlando 50 East Robinson Street Orlando FL 32801 591215378 Church FL 501(c)(3) Line 1 N/A 1 Catholic Charities of Central Florida Inc 1819 North Semoran Blvd Orlando FL 32807 591214353 Social Services FL 501(c)(3) Line 10 Diocese of Orlando 1 Holy Spirit Catholic Church 644 S 9th St Lake Wales FL 33859 590711175 Church FL 501(c)(3) Line 1 Diocese of Orlando 1 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 Catholic Charities of Central Florida Inc B 107036 Cash paid Holy Spirit Catholic Church B 132649 Cash paid Diocese of Orlando B 284645 Cash paid Diocese of Orlando C 651928 Cash paid Diocese of Orlando L 1845491 Cash paid Diocese of Orlando P 104586 Cash paid Diocese of Orlando Q 3874860 Cash paid Schedule R, Part II: The Diocese of Orlando is a related organization of the Foundation. The Diocese controls a number of other organizations, including local parishes, which may also be related to the Foundation and may also be indirectly controlled by the Foundation under the technical requirements of Section 512(b)(13). However, many of these organizations are subordinates in a group exemption ruling and, therefore, are not required to be reported in Schedule R, Part II. Related organizations that have financial transactions reportable at Schedule R, Part V, Line 2 are listed as related organizations at Schedule R, Part II. Schedule R, Part II, Line 1r: Agency funds distributed to the Diocese in connection with funds held on the Diocese's behalf, as further described on Schedule D, Part XIII.