2024-11-13T12:32:52-00:00 2024-06-30 990 2023-07-01 860465177 Catholic Community Foundation for the Diocese of Phoenix % James Carabajal CATH 4806518800 4500 S Lakeshore Dr STE 650 Tempe AZ 85282 James Carabajal CEO 4806518800 2024-11-13 false Kyle Felix 2024-11-13 2023 2024-10-15 13:58:12Z Catholic Community Foundation James Carabajal 4500 S Lakeshore Dr STE 650 Tempe AZ 85282 43204500 false X ccfphx.org X 1983 AZ The Catholic Community Foundation is an independent 501c3 and a recognized Canonical entity that encourages compassionate charitable giving to provide sustainable support for those who serve our community. 21 21 8 50 0 6015720 5744136 974362 1140067 613277 1992267 130464 0 7733823 8876470 2116977 3400768 0 965256 1081632 15000 0 645935 532401 452100 3629634 4934500 4104189 3941970 113455355 122311875 45525032 44096964 67930323 78214911 X The Catholic Community Foundation is an independent 501c3 and a recognized Canonical entity that encourages compassionate charitable giving to provide sustainable support for those who serve our community. false false 2069051 2069051 76619 Donor-Advised Fund Program - The Catholic Community Foundation CCF, or the Foundation offers both a traditional donor-advised fund DAF and a complimentary DAF option, allowing donors to choose their preferred investment strategy. The traditional DAF is invested in the market, while the complimentary DAF remains uninvested. A key feature of CCFs DAF program is that all funds are invested in Catholic-compliant portfolios that align with Catholic Social Teaching, as outlined by the United States Conference of Catholic Bishops USCCB. This program upholds Catholic values by enabling grants to all eligible organizations that adhere to these teachings, providing a diverse array of options for philanthropic support. 894019 886931 670926 Endowment Program -The Catholic Community Foundation professionally manages permanent, temporary, and quasi-endowments for nonprofits and individuals as a core service offering. All endowments are invested in a professionally managed, commingled investment pool that aligns with Catholic Social Teaching, as prescribed by the United States Conference of Catholic Bishops USCCB. This investment strategy is 99 Catholic screened, and all proxy votes are cast in accordance with Catholic values. The Foundation acts as a fiduciary to ensure the endowment lasts in perpetuity and complies with the regulations of the Uniform Prudent Management of Institutional Funds Act UPMIFA. The Foundation also offers an endowment building program for nonprofits called endowment drives, which utilize matching funds to encourage donors to learn about the purpose and uses of an endowment while contributing to the funds growth for the future. The Foundation has a 1 million matching program to support permanent endowments within the community, having matched nearly 4 million in the past five fiscal years. 300463 300463 Scholarship Programs - The Catholic Community Foundation provides scholarship opportunities for students attending Catholic elementary and high schools within the Diocese of Phoenix, as well as for post-secondary students. The Foundation offers a service-based scholarship, known as the Christian Service Award, alongside a needs-based tuition assistance program, known as the Catholic Community Foundation Scholarship. Additionally, the Foundation allows for named and memorial scholarships, which can be detailed and specific or generic in nature. All applications are evaluated by an independent volunteer committee. In fiscal year 2024, the Foundation awarded 300,463 in scholarship funds to 130 students across 8 Catholic elementary schools, 8 Catholic high schools, and 9 post-secondary institutions. 392567 144323 37130 3656100 true true false false false true false false true true false false false false true true true false false false false false false false false false false true true true false false false false false false false false true false false false false true false false false true 26 0 8 true false false false false false true true false false false false false false false false false X 21 21 false false false false false false false true true false false true true true true true true true true false AZ X X Tyler Greuel 4806518808 4500 S Lakeshore Dr Ste 650 Tempe AZ 85282 James Carabajal CEO 040.00 X 228141 0 17682 Kyle Felix COO/CFO 040.00 X 177627 0 17182 Bishop John Dolan Bishop 001.00 X 0 0 0 Kevin Camberg Chairman 001.00 X X 0 0 0 Gary Naquin Vice Chairman 001.00 X X 0 0 0 Kevin Boudreau Treasurer 001.00 X X 0 0 0 Brett Johnson Secretary 001.00 X X 0 0 0 Fr John Muir Vicar General 001.00 X 0 0 0 Karen Abraham Immediate Past Chair 001.00 X 0 0 0 Maria Chavira Chancellor, Ex-Officio 001.00 X 0 0 0 F Michael Geddes Lifetime Board Member 001.00 X 0 0 0 Cathy Bergmann Board Member 001.00 X 0 0 0 Fr John Bonavitacola Board Member 001.00 X 0 0 0 Chris Campisano Board Member 001.00 X 0 0 0 Janine Campo Board Member 001.00 X 0 0 0 Ann Couch Board Member 001.00 X 0 0 0 Deb Frere Board Member 001.00 X 0 0 0 Sr Mary Jordan Hoover Board Member 001.00 X 0 0 0 Fr Matthew Lowry Board Member 001.00 X 0 0 0 Dr Connie Mariano Board Member 001.00 X 0 0 0 Lisa Reilly Payton Board Member 001.00 X 0 0 0 Cynthia Scheller Board Member 001.00 X 0 0 0 Tony Tanner Board Member 001.00 X 0 0 0 405768 34864 2 false true false 5744136 597254 5744136 Administrative Fee 523000 1140067 1140067 1140067 2512763 2512763 33807534 34328030 -520496 -520496 -520496 8876470 1140067 1992267 3100305 3100305 300463 300463 0 0 443082 80425 154585 208072 0 382145 69364 133325 179456 85719 15559 29906 40254 115199 20474 41754 52971 55487 10072 19358 26057 0 6315 6315 40634 40634 0 0 26768 1950 16898 7920 59220 2303 13270 43647 9786 1550 6358 1878 14804 2687 5165 6952 0 51124 9280 17836 24008 10990 521 2232 8237 0 6449 5760 689 0 0 0 38103 1633 32245 4225 Computer Software and Subscriptions 49340 427 48811 102 Sponsorships 35927 35927 Furniture, Fixtures, Equipment 18159 410 17201 548 Donor Meetings and Appreciation 16778 6947 9831 67703 2750 33865 31088 4934500 3656100 632465 645935 156126 264361 48658 35138 64667 48000 109509885 117941043 3602909 3731132 89777 275534 113455355 122311875 105561 119273 127000 69075 126728 44098748 41379742 1193723 2402146 45525032 44096964 X 22284008 26356319 45646315 51858592 67930323 78214911 113455355 122311875 X 3941970 7997770 -1111521 -543631 X false true X true false X 4160666 6257713 13164276 6146184 5744136 35472975 4160666 6257713 13164276 6146184 5744136 35472975 12350622 23122353 1062284 1289355 1935191 2285753 2512763 9085346 5051 3280 8331 44566652 4795598 0.51880 0.52730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 81 19 1736221 137651 2343111 268886 6684929 9149821 true true false true X 47476537 2096838 6574595 1969696 54178274 37564005 6755744 5037361 1880573 47476537 38456299 6176350 -5628978 1439666 37564005 29712524 2288617 8663972 2208814 38456299 29343451 870677 920031 1421635 29712524 0.24000 0.76000 false false Financial derivatives and other financial products Closely-held equity interests Federal income taxes Annuity Liability 2130175 Operating Lease Liability 271971 2402146 X 15219088 7997770 -145366 7852404 7366684 1111521 398265 1509786 8876470 4934500 4934500 4934500 IV 2B Part IV Line 2B From time-to-time other not-for-profit organizations seek to establish a fund with the Foundation with its own funds and specifies itself as the beneficiary of that fund. In each instance, the Foundation maintains variance power and legal ownership of agency endowment funds and as such continues to report the funds as cash and investments of the Foundation. However, in accordance with SFAS No. 136, a liability has been established for the fair value of the funds, which is generally equivalent to the present value of future payments expected to be made to the NPOs. XI 2D Change in Split Interest Trust -145,366 X 2 The Foundation qualifies as a tax-exempt organization under section 501c3 of the Internal Revenue Code The Code and, accordingly, there is no provision for income taxes. In addition, the Foundation qualifies for the charitable contribution deduction under Section 170 of The Code and has been classified as an organization that is not a private foundation. Income determined to be unrelated business taxable income would be taxable. The Foundation evaluates its uncertain tax positions, if any, on a continual basis through review of its policies and procedures, review of its regular tax filings and discussions with outside experts. The Foundations federal return of organization exempt from income tax form 990 for fiscal 2021, 2022 and 2023 are subject to examination by the IRS, generally for three years after they were filed. XI 4B Interest Expense 398,265 true Aid to Women Center 1328 East Apache Blvd Tempe AZ 85281 860528953 501C3 24880 Program Support All Saints Catholic Newman Center 230 E University Dr Tempe AZ 852813730 300514126 501C3 33385 Program Support Amanda Hope Rainbow Angels 340 E Coronado Rd 100 Phoenix AZ 85004 462522889 501C3 25000 Program Support Andre House PO Box 2014 Phoenix AZ 850012014 860717841 501C3 41100 Program Support Augustine Institute 6160 S Syracuse Way Ste 310 Greenwood Village CO 80111 202349108 501C3 102931 Program Support B Charitable 1919 Oxmoor Road 246 Homewood AL 352093502 852280049 501C3 43200 Program Support Benedictine College Ministry Fund 1020 N 2nd St Atchison KS 66002 480777079 501C3 15000 Program Support Blessed Sacrament Catholic Church 11300 N 64th St Scottsdale AZ 852545007 371575917 501C3 5914 Program Support Brophy College Preparatory 4701 North Central Avenue Phoenix AZ 85012 860119984 501C3 10000 Program Support Catholic Charities Community Services 5151 N 19th Ave Phoenix AZ 850153224 860223999 501C3 31000 Program Support Catholic Charities USA 2050 Ballenger Ave Suite 400 Alexandria VA 22314 530196620 501C3 30000 Program Support Catholic Education Arizona 5353 N 16th St Unit 330 Phoenix AZ 85016 860937587 501C3 8105 Program Support Catholic Information Center 1501 K Street NW Ste 175 Washington DC 20005 521790727 501C3 7000 Program Support Christ the King Parish 1551 E Dana Ave Mesa AZ 85204 300513890 501C3 28528 Program Support Christian Brothers High School 1850 De La Salle Dr St Louis MO 63141 430653280 501C3 5000 Program Support City of the Lord 711 W University Dr Tempe AZ 85281 860351356 501C3 10000 Program Support Corpus Christi Catholic Church 3550 E Knox Rd Phoenix AZ 850443500 860944484 501C3 5900 Program Support Crosier Fathers and Brothers PO Box 90428 Phoenix AZ 850660428 813525518 501C3 9500 Program Support Cursillo Movement of Phoenix 4633 N 54th St Phoenix AZ 850181904 320268278 501C3 9038 Program Support Diocese of Phoenix - Bishop's Office 400 E Monroe St Phoenix AZ 85004 860223974 501C3 408320 Program Support Diocese of Phoenix - CDA 400 E Monroe St Phoenix AZ 85004 860223974 501C3 45300 Program Support Diocese of Phoenix - Office of Mission Advancement 400 E Monroe St Phoenix AZ 85004 860223974 501C3 514014 Program Support Diocese of Spokane 525 E Mission Avenue Spokane WA 99202 910564957 501C3 15000 Program Support Duke University's Fuqua School of Business 100 Fuqua Dr Box 90120 Durham NC 27708 560532129 501C3 5000 Program Support E3-Africa 18521 E Queen Creek Rd Ste 105-273 Queen Creek AZ 85142 260843107 501C3 7618 Program Support El Cristo Rey Catholic Church PO Box 505 Grand Canyon AZ 860230505 320267828 501C3 10000 Program Support Eternal Word Television Network 5817 Old Leeds Rd Irondale AL 352109948 630801391 501C3 5500 Program Support Fellowship of Catholic University Students (FOCUS) PO Box 17408 Denver CO 80217 841522811 501C3 7000 Program Support First Way Pregnancy Center 3501 N 16th St Phoenix AZ 850166419 237216073 501C3 7000 Program Support Floriani 6216 S Opal Dr Chandler AZ 85249 861826148 501C3 12000 Program Support Franciscan Friars of the Holy Spirit 5447 W Pecos Rd Laveen AZ 85339 813710810 501C3 20000 Program Support Franciscan Renewal Center 5802 E Lincoln Dr Scottsdale AZ 852534124 860720036 501C3 7796 Program Support FSL Programs 1201 E Thomas Rd Phoenix AZ 85014 860411904 501C3 13000 Program Support FullCircle Program 1955 W Baseline Rd Ste 113-431 Mesa AZ 85202 813986834 501C3 14250 Program Support Give Kids the World Village 210 S Bass Rd Kissimmee FL 34746 592654440 501C3 15000 Program Support Halcyon Movement 1068 Northumberland Ct Wellington FL 33414 474823777 501C3 50000 Program Support Hawaii Catholic Community Foundation 1184 Bishop St Honolulu HI 968132859 364641613 501C3 5000 Program Support Holy Family Hospital of Bethlehem Foundation 2000 P St NW Ste 310 Washington DC 20036 522050117 501C3 12500 Program Support Holy Trinity Catholic Newman Center 520 W Riordan Rd Flagstaff AZ 86001 860223974 501C3 10500 Program Support Immaculate Conception Catholic Church 700 N Bill Gray Rd Cottonwood AZ 86326 300514895 501C3 35000 Program Support Institute for Better Education 921 N Swan Rd Tucson AZ 85711 237102832 501C3 9700 Program Support Kolbe Mission 5020 E Shea Blvd Ste 150 Phoenix AZ 85254 853145743 501C3 10000 Program Support La Salle University 1900 W Olney Ave Philadelphia PA 19141 231352654 501C3 15000 Program Support Life Teen Inc PO Box 117299 Atlanta GA 303687299 860602592 501C3 43500 Program Support Maggie's Place PO Box 1102 Phoenix AZ 850011102 860972675 501C3 13061 Program Support Miles Jesu 1925 E Baseline Rd Phoenix AZ 85042 363703689 501C3 16000 Program Support Mission of Mercy 360 E Coronado Rd Ste 160 Phoenix AZ 85004 820635905 501C3 5900 Program Support Missionaries of Charity 1414 S 17th Ave Phoenix AZ 85007 061013589 501C3 6524 Program Support Mount Claret Retreat Center 4633 N 54th St Phoenix AZ 850181904 320268278 501C3 113712 Program Support Notre Dame Preparatory 9701 E Bell Rd Scottsdale AZ 85260 262785863 501C3 8000 Program Support Nuestros Pequeos Hermanos (NPH) USA 5110 N 40th St Ste 248 Phoenix AZ 850182143 651229309 501C3 35404 Program Support Order of Malta Western Association 324 Middlefield Rd Menlo Park CA 94025 237450840 501C3 153996 Program Support Our Lady of Joy Parish PO Box 1359 Carefree AZ 85377 364644261 501C3 8437 Program Support Our Lady of Mount Carmel Catholic Church 2121 S Rural Rd Tempe AZ 85282 364643600 501C3 34930 Program Support Our Lady of Perpetual Help Catholic School 3801 N Miller Rd Scottsdale AZ 85251 943455995 501C3 10014 Program Support Our Lady of Perpetual Help Parish - Glendale 5614 W Orangewood Ave Glendale AZ 85301 352350718 501C3 17791 Program Support Our Lady of the Lake Roman Catholic Church 1975 Daytona Dr Lake Havasu City AZ 86403 320267687 501C3 29402 Program Support Queen of Peace Catholic School 141 N MacDonald St Mesa AZ 85201 383792655 501C3 8163 Program Support Resurrection Catholic Church 3201 S Evergreen Rd Tempe AZ 85282 364643601 501C3 27554 Program Support Sacred Heart Catholic School 131 N Summit Ave Prescott AZ 86301 371575862 501C3 12422 Program Support Sacred Heart Parish - Prescott 150 Fleury St Prescott AZ 86301 371575862 501C3 12510 Program Support San Francisco de Asis Catholic School 1600 Historic Rte 66 Flagstaff AZ 86001 300515246 501C3 26960 Program Support Saving Amy 3117 N 44th St Phoenix AZ 85018 474771315 501C3 14387 Program Support School Sisters of Notre Dame Central Pacific Province Inc 170 Good Counsel Dr Mankato MN 560013138 410693976 501C3 6668 Program Support Seton Catholic Preparatory High School 1150 N Dobson Rd Chandler AZ 85224 262785742 501C3 37631 Program Support Shop for a Cause 10012 E Rotation Dr Mesa AZ 85212 873144338 501C3 9000 Program Support Sisters of Life 1818 N 23rd St Phoenix AZ 85006 061579167 501C3 39437 Program Support Sisters of the Holy Family of Nazareth 310 N River Rd Des Plaines IL 60016 205728349 501C3 6668 Program Support Society of St Vincent de Paul PO Box 13600 Phoenix AZ 850023600 860096789 501C3 90469 Program Support Southwest Autism Research & Resource Center 300 N 18th St Phoenix AZ 85006 311496646 501C3 10000 Program Support Ss Simon & Jude Cathedral 6351 N 27th Ave Phoenix AZ 850171893 943457074 501C3 7096 Program Support Ss Simon & Jude School 6351 N 27th Ave Phoenix AZ 85017 943457074 501C3 58435 Program Support St Agnes Catholic Church 1954 N 24th St Phoenix AZ 850083593 300514530 501C3 117147 Program Support St Andrew the Apostle Catholic Church 3450 W Ray Rd Chandler AZ 85226 943456255 501C3 8430 Program Support St Benedict Catholic Church 16223 S 48th St Phoenix AZ 85048 352350484 501C3 11316 Program Support St Bernard of Clairvaux Catholic Church 10755 N 124th St Scottsdale AZ 852594308 364643964 501C3 24743 Program Support St Clement of Rome Parish 15800 N Del Webb Blvd Sun City AZ 853511603 364644099 501C3 13019 Program Support St Elizabeth Seton Parish 9728 W Palmeras Dr Sun City AZ 853732254 364644254 501C3 15229 Program Support St Francis Xavier Parish 4715 N Central Ave Phoenix AZ 850121796 383792643 501C3 11226 Program Support St Germaine Catholic Church 7997 E Dana Dr Prescott Valley AZ 86314 352350446 501C3 8508 Program Support St Gregory School 3440 N 18th Ave Phoenix AZ 85015 800315130 501C3 39069 Program Support St Joachim & St Anne Parish 11625 N 111th Ave Sun City AZ 85351 800310829 501C3 13019 Program Support St John of the Desert 3718 East Greenway Road Phoenix AZ 85032 860799695 501C3 12100 Program Support St John Paul II Catholic High School 3120 N 137th Ave Avondale AZ 85392 611815605 501C3 161424 Program Support St John XXIII Catholic School 16235 N 60th St Scottsdale AZ 85254 860971731 501C3 33014 Program Support St Jude Children's Research Hospital 645 E Missouri Ave Ste 255 Phoenix AZ 85012 620646012 501C3 28873 Program Support St Maria Goretti Parish 6261 N Granite Reef Rd Scottsdale AZ 852505724 364643819 501C3 37497 St Mary-Basha Catholic School 200 W Galveston St Chandler AZ 85225 300513969 501C3 5397 St Mary's Catholic High School 2525 N 3rd St Phoenix AZ 85004 262791598 501C3 41982 St Michael's Catholic Church 15546 Pomerado Rd Poway CA 92064 825252519 501C3 12000 St Patrick Parish 10815 N 84th St Scottsdale AZ 85260 300514891 501C3 9923 St Theresa Catholic School 5001 E Thomas Rd Phoenix AZ 85018 300515085 501C3 18147 St Theresa Parish 5045 E Thomas Rd Phoenix AZ 850187999 300515085 501C3 72369 St Thomas the Apostle Catholic School 4510 N 24th St Phoenix AZ 85016 364643961 501C3 18234 St Thomas the Apostle Parish 2312 E Campbell Ave Phoenix AZ 85016 364643961 501C3 26478 St Timothy Daycare and Preschool 2045 S Pennington Mesa AZ 85202 320267724 501C3 20436 St Timothy Parish 1730 W Guadalupe Rd Mesa AZ 85202 320267724 501C3 59414 St Vincent de Paul St Timothy Conference 1730 W Guadalupe Rd Mesa AZ 85202 860096789 501C3 5000 The Catholic University of America 620 Michigan Ave NE Washington DC 20064 530196583 501C3 10000 Tunnel to Towers Foundation 2361 Hylan Blvd Staten Island NY 10306 020554654 501C3 10500 Veritas Preparatory Academy - Great Hearts 3102 N 56th St Ste 100 Phoenix AZ 85018 050527441 501C3 10625 Voces Unidas Por La Vida 1019 E Northview Ave Phoenix AZ 85020 471883632 501C3 7470 104 Catholic Community Foundation Scholarship - Needs-based Tuition Assistance Scholarship 55 181000 Christian Service Award - Service-based Scholarship 50 86000 Post Secondary Scholarships 13 23500 Named Memorial Scholarships 12 9963 Part I Line 2 All grantees are confirmed to be IRS Section 501c3 organizations and meet Catholic Community Foundation grantee requirements including using the grant funds for purposes and programs consistent with Catholic values and teachings. All scholarships are awarded and disbursed directly to the educational institution and not directly to the scholarship recipient. The Foundation continues to monitor grants issued to schools and parishes to ensure compliance with grant guidelines and restrictions using reporting forms. Each year, all scholarship recipients are required to complete a confirmation of enrollment form confirming they are enrolled and in good standing with the educational institution prior to funds being disbursed. X X X X X false false false false false false false true false James Carabajal CEO 190425 36500 1217 2071 15611 245824 Kyle Felix COO/CFO 151138 25500 989 1679 15503 194809 Part I Line 7 Incentive payments are given based on meeting annual organizational goals and are at the discretion of the board of directors. X 24 597254 Stock Quote false true true Part I Line 32B The foundation uses a stock brokerage firm to receive and sell donated securities funds are then transferred to the foundation. Form 990, Part III, Line 4d Program Service Expenses 236,285, Grants and allocations 0, Revenue 37,130 Charitable Gift Annuity Program - The Catholic Community Foundation offers a charitable gift annuity CGA program that provides flexible giving options for donors and nonprofits alike. This program allows any donor to establish a CGA and designate a charity of their choice to receive benefits upon their passing, as long as the CGA remains above water. Notably, any donor CGA that is above water at the time of their passing will be added to an existing endowment held at the Foundation or used to create a family foundation in the deceased individuals name if the remaining amount exceeds 20,000. Additionally, nonprofits can white label the CGA program, enabling them to offer this option to their communities while CCF manages the administrative responsibilities, including regulatory compliance, legal documentation, investment management, contract formulation, and annual 1099 filing. This dual approach ensures a seamless experience for both donors and nonprofit partners. Form 990, Part III, Line 4d Program Service Expenses 150,944, Grants and allocations 144,323, Revenue 0 Catholic Giving Circle - The Giving Circle invites individuals from all backgrounds to participate in a distinctive granting process. Members join by contributing a membership fee, which is pooled together with funds from the Foundations Forever Fund endowments CARE, LIFE, COMMUNITY, MUSIC, operating funds, and legacy gifts. Each year, organizations present brief pitches to the members, and the community votes to decide which causes receive funding. This model allows the community to directly influence how the Foundations discretionary funds are allocated, empowering members to address pressing local needs. This also provides an opportunity for members to be introduced to organizations within the community that may not have otherwise come across. Since 2015, over 1.5 million has been granted through the Giving Circle. Form 990, Part III, Line 4d Program Service Expenses 5,338, Grants and allocations 0, Revenue 0 End-of-Life Planning Program - The Catholic Community Foundation assists individuals in the education and creation of end-of-life plans, with a primary focus on encouraging charitable giving as part of their legacy. The Foundation partners with estate planning attorneys, funeral homes, financial advisors, and end-of-life care facilities to provide comprehensive education through its Get Your Affairs in Order seminars, which are primarily hosted at parishes across the Diocese of Phoenix. Additionally, the Foundation specializes in helping individuals and nonprofits with the liquidation and realization of complex gifts, such as real estate, securities, business interests, and more, ensuring a smooth process for both donors and recipients. Form 990, Part VI, Section B, Line 11B The completed form 990 is emailed and presented to the members of our finance committee prior to electronic filing. Form 990, Part VI, Section B, Line 12C All directors, members of committees, and employees of the Foundation shall scrupulously avoid any conflict between their own respective interests and the interest of the Foundation in any and all actions taken by them on behalf of the Foundation. Situations where directors or members derive financial benefits from the board or committee service should be avoided. However, in the event any directors or members of the foundation should have any direct or indirect interest in, or relationship with, any individual or organization which proposes to enter into any transaction with the foundation for the sale, purchase, lease or rental of property or to render or employ services, personal or otherwise, or receive pecuniary consideration from the foundation in the form of a fee or grant, such directors or members shall forthwith give the board of directors of the foundation notice with full factual disclosures, of such interest or relationship and shall thereafter absent themselves during both explicit review of the matter. Officers are required to complete this information during the onboarding process and this information is reaffirmed and updated annually in August. Form 990, Part VI, Section B, Line 15 A formal compensation study is completed every 3 years and is initiated by the Compensation Committee and approved by the committee. A sub-committee of the board is charged with summarizing the results of comparative salary ranges for the CEO and COO using a professional services firm and their compensation recommendations. The results are forwarded to the Executive Committee to formulate a compensation package, benefits, and duties of the position. Prior to approval of the executive leadership compensation, the Executive Committee meets in executive session to discuss and also advise on other staff positions. The results are then included in the organizations budget which is approved in total by the Board of Directors. Form 990, Part VI, Section C, Line 19 All information is made available on the Foundations website ccfphx.org and GuideStar, a central source of information on U.S. nonprofits. The Foundations articles of incorporation, by-laws, financial statements and Form 990 are all available to the public upon request. The Foundation does not make the conflict of interest policy documents available to the public. Form 990, Part XI, Line 9 Change in Split Interest Agreements -145,366 less Interest Expense 398,265. Total other changes in net assets or fund balances -543,631 Exeter Partners LP 517 N 11th St Livingston MT 59047 330771937 Investment CA N/A Unrelated 73000 1680000 false false 0.97000 false false false false false false false false false false false false false false false false false false false