2024-03-08T08:25:50+00:00 2023-04-30 366605558 GRANT THORNTON LLP 1000 WILSON BLVD Suite 1500 ARLINGTON VA 22209 990 2022-05-01 521284733 The Catholic University of America Foundation CATH 2023195606 620 Michigan Avenue Washington DC 20064 ROBERT M SPECTER EVP, COO & UNIVERSITY TREASURER 2024-03-08 false ROBERT SPECTER 999009999 MARY TORRETTA P00847851 7038477500 2022 2023-04-26 12:10:37Z ROBERT M SPECTER 620 Michigan Avenue Washington DC 20064 512080 false X X 1983 DC THE PRIMARY EXEMPT PURPOSE OF THE FOUNDATION IS TO OPERATE EXCLUSIVELY TO SUPPORT THE CATHOLIC UNIVERSITY OF AMERICA. THE CATHOLIC UNIVERSITY OF AMERICA IS ORGANIZED AND IS OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATION PURPOSES WITHIN THE MEANING OF THE PROVISIONS OF SECTION 170 (C)(2)(B) AND 501 (C)(3) OF INTERNAL REVENUE CODE. 4 0 0 0 0 0 0 0 0 106367 92587 0 106367 92587 0 0 47509 52226 0 0 8045 3794 55554 56020 50813 36567 1493136 1450306 0 0 1493136 1450306 THE PRIMARY EXEMPT PURPOSE OF THE FOUNDATION IS TO OPERATE EXCLUSIVELY TO SUPPORT THE CATHOLIC UNIVERSITY OF AMERICA. THE CATHOLIC UNIVERSITY OF AMERICA IS ORGANIZED AND IS OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF THE PROVISIONS OF SECTIONS 170(C) (2)(B) AND 501 (C)(3) OF THE INTERNAL REVENUE CODE. false false 52226 0 0 HIGHER EDUCATION: SUPPORTS THE CATHOLIC UNIVERSITY OF AMERICA, WHICH OFFERS PROGRAMS OF STUDY LEADING TO BACHELORS, MASTERS AND DOCTORAL DEGREES IN THE LIBERAL ARTS AND SCIENCES, RELIGIOUS STUDIES AND IN SEVERAL PROFESSIONAL AREAS INCLUDING ENGINEERING, ARCHITECTURE, SOCIAL SERVICE, NURSING, MUSIC AND LAW. (INSTRUCTION AND DEPARTMENTAL RESEARCH) 52226 true false false false false false false false true false true false false false true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false X 4 0 false false false false false true false true true false false true true true true true true false false false X ROBERT M SPECTER 2023195606 620 MICHIGAN AVENUE WASHINGTON DC 20064 JOHN H GARVEY EX-OFFICIO DIRECTOR/PRESIDENT 1.0 41.0 X X 0 550524 41023 PETER KILPATRICK EX-OFFICIO DIRECTOR/PRESIDENT 1.0 41.0 X X 0 320013 31467 ROBERT M SPECTER EX-OFFICIO DIRECTOR/TREASURER 1.0 41.0 X X 0 449610 43810 DAVID AARON DOMINGUEZ EX-OFFICIO DIRECTOR/PROVOST 1.0 41.0 X 0 430385 48058 LAWRENCE J MORRIS DIRECTOR 1.0 41.0 X 0 323541 32902 0 2074073 197260 0 false true false 0 0 0 0 0 0 0 21898 21898 0 0 490182 419493 70689 0 70689 70689 0 0 0 0 0 92587 0 0 92587 39453 39453 3945 3945 5965 5965 2863 2863 0 0 0 0 1072 1072 ENDOWMENT ADMINISTRATION FEE 2722 2722 0 0 0 0 56020 52226 3794 0 73472 72742 1587 5256 0 0 0 0 0 0 0 0 1418077 1372308 0 0 0 1493136 1450306 0 0 0 0 0 0 39164 42834 1453972 1407472 1493136 1450306 1493136 1450306 36567 -79397 0 X false true X true false X X 1 THE CATHOLIC UNIVERSITY OF AMERICA 530196583 2 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false 1418077 13050 55702 3117 1372308 1399245 0 75031 0 53348 2851 1418077 1108320 0 341337 0 47735 2677 1399245 1160866 0 -6118 0 40486 5942 1108320 1089173 71000 693 0 0 0 1160866 0.0 1.0 0.0 false true true CATHOLIC UNIVERSITY ENDOWMENT POOL 1372308 F 1372308 0 X Schedule D, Part V, Line 4 Intended uses of endowment funds THE CATHOLIC UNIVERSITY OF AMERICA FOUNDATION'S ENDOWMENT FUNDS ARE USED TO SUPPORT PURPOSES OF THE CATHOLIC UNIVERSITY OF AMERICA. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE UNIVERSITY FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. THE UNIVERSITY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITION THAT REQUIRE RECOGNITION OR DISCLOSURE IN ITS FINANCIAL STATEMENTS. false false false false false false false false false JOHN H GARVEY EX-OFFICIO DIRECTOR/PRESIDENT 0 550524 0 0 0 0 0 29000 0 12023 0 591547 0 0 ROBERT M SPECTER EX-OFFICIO DIRECTOR/TREASURER 0 446400 0 0 0 3210 0 30500 0 13310 0 493420 0 0 PETER KILPATRICK EX-OFFICIO DIRECTOR/PRESIDENT 0 318298 0 0 0 1715 0 25292 0 6175 0 351480 0 0 DAVID AARON DOMINGUEZ EX-OFFICIO DIRECTOR/PROVOST 0 429321 0 0 0 1064 0 30500 0 17558 0 478443 0 0 LAWRENCE J MORRIS DIRECTOR 0 319421 0 0 0 4120 0 30500 0 2402 0 356443 0 0 Schedule J, Part I, Line 3 AN AFFILIATED ORGANIZATION USED THE FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION STUDIES, AND BOARD OR COMPENSATION COMMITTEE APPROVAL IN ESTABLISHING COMPENSATION OF THE PRESIDENT. Form 990, Part VI, Line 13 THE CATHOLIC OF AMERICA FOUNDATION OPERATES BY THE CATHOLIC UNIVERSITY OF AMERICA'S STANDARDS WITH RESPECT TO THE WHISTLEBLOWER POLICIES. Form 990, Part VI, Line 14 THE CATHOLIC UNIVERSITY OF AMERICA FOUNDATION OPERATES BY THE CATHOLIC UNIVERSITY OF AMERICA'S STANDARDS WITH RESPECT TO THE DOCUMENT RETENTION AND DESTRUCTION POLICIES. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE BOARD OF TRUSTEES OF THE SUPPORTED ORGANIZATION, THE CATHOLIC UNIVERSITY OF AMERICA, HAS THE POWER TO APPOINT THE BOARD OF DIRECTORS OF THE CATHOLIC UNIVERSITY OF AMERICA FOUNDATION. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 WAS SENT TO THE FULL BOARD OF TRUSTEES FOR REVIEW PRIOR TO FILING THE RETURN. THE TRUSTEES WERE GIVEN THE OPPORTUNITY TO REVIEW THE DOCUMENT AND ADDRESS COMMENTS OR QUESTIONS TO MANAGEMENT. Form 990, Part VI, Line 12c Conflict of interest policy THE CATHOLIC UNIVERSITY OF AMERICA FOUNDATION OPERATES BY THE CATHOLIC UNIVERSITY OF AMERICA'S STANDS WITH RESPECT TO THE CONFLICT OF INTEREST POLICIES. THE COMPLIANCE OFFICER OF THE CATHOLIC UNIVERSITY OF AMERICA (AN AFFILIATED ORGANIZATION) REVIEWS THE CONFLICT OF INTEREST STATEMENTS SUBMITTED BY THE BOARD MEMBERS TO DETERMINE WHETHER ANY MATERIAL FINANCIAL INTERESTS HAVE BEEN DISCLOSED. ANY SUCH INTERESTS WOULD BE INVESTIGATED BY THE UNIVERSITY'S AUDIT COMMITTEE. THE TRANSACTION OF THE FOUNDATION IS LIMITED TO A VERY FEW LIMITED TYPES OF ACTIVITIES. Form 990, Part VI, Line 19 Required documents available to the public THE CONFLICT OF INTEREST POLICY AND CONSOLIDATED AUDITED FINANCIAL STATEMENTS ARE POSTED ON THE UNIVERSITY WEBSITE. THE FOUNDATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. Part VII President Garvey departed the University on June 30, 2022. President Kilpatrick began his time with the University July 1, 2022 THE CATHOLIC UNIVERSITY OF AMERICA 620 MICHIGAN AVENUE NE LEAHY HALL WASHINGTON DC 20064 530196583 HIGHER EDUCATION DC 501(c)(3) 2 NA false ALBERT E FARONE & ANGELA T FARONE 620 MICHIGAN AVENUE NE WASHINGTON DC 20064 160911612 TO AWARD SCHOLARSHIPS TO CUA STUDENTS NY 501(c)(3) Type I CATHOLIC UNIVERSITY false CHARITABLE REMAINDER TRUST (2) SPLIT INTEREST AGREEMENT BETHESDA MD 20810 SPLIT INTEREST AGREEMENT MD NA Trust false CHARITABLE REMAINDER TRUST (3) SPLIT INTEREST AGREEMENT WASHINGTON DC 20001 SPLIT INTEREST AGREEMENT DC NA Trust false false false false false false false false false false false false false false true true true false false false