2024-04-23T09:48:59-05:00 2023-06-30 Nanavaty Davenport Studley White 123 South Main St Suite 140 Newtown CT 06470 990 2022-07-01 061448345 Foundations in Faith Inc % MICHAEL HANLON FOUN 2034161390 238 Jewett Avenue Bridgeport CT 06606 Michael Hanlon Treasurer 2034161390 2024-04-16 true Michael Hanlon 999009999 Azian A Kearney P02426278 2034268500 2024-04-16 2 2022 2023-04-26 12:10:37Z Andy Aoyama 238 Jewett Avenue Bridgeport CT 06606 2839796 false 0928 X N/A X 1996 CT Support catholic education, vocation, and seminary education, priests' residence and retirement fund and diocesan ministries and programs. 15 11 0 23 0 1967383 689134 0 0 1139920 934915 0 2000 3107303 1626049 2350627 1154820 0 0 0 0 0 0 0 147451 149846 2498078 1304666 609225 321383 25821531 25510003 1699631 1018540 24121900 24491463 SUPPORT CATHOLIC EDUCATION, VOCATION, AND SEMINARY EDUCATION, PRIESTS' RESIDENCE AND RETIREMENT FUND AND DIOCESAN MINISTRIES AND PROGRAMS. false false 861920 861920 Support Catholic education, vocation, and seminary education, priests' residence and retirement fund and diocesan ministries and programs. 294220 292900 Provide resources to build long-term sustainable parishes with vibrant and growing ministries 1156140 true true false false false false false false false true false false false false true true true false false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 4 0 0 false false false false false false false false false false X 15 11 false false false false true true true true false false false true true true true true true false X MICHAEL HANLON 2034161390 238 JEWETT AVENUE Bridgeport CT 06606 Michael Hanlon Treasurer & CAO 1.0 50.0 X X 0 230414 11521 Anne O McCrory Secretary 1.0 50.0 X X 0 205613 10281 Bishop Frank J Caggiano Director 1.0 60.0 X 0 35942 20080 Kelly Weldon Executive Director 30.0 0.0 X X 0 39599 0 Andy Aoyama Chairman 1.0 0.0 X X 0 0 0 Joseph Sindelar Vice Chairman 1.0 0.0 X X 0 0 0 Lorraine Carrano Director 1.0 0.0 X 0 0 0 Alicia Carpenter-Cummings Director 1.0 0.0 X 0 0 0 Paul Cronin Director 1.0 0.0 X 0 0 0 Diane Kremheller Director 1.0 0.0 X 0 0 0 Ligia Masilamani Director 1.0 0.0 X 0 0 0 Susan Stone Director 1.0 0.0 X 0 0 0 Patrick Turner Director 1.0 0.0 X 0 0 0 Nicholas Yanicelli Director 1.0 0.0 X 0 0 0 DANIEL MUDD DIRECTOR 1.0 0.0 X 0 0 0 Jaime Ramirez-Castro Director (until 2/1/2023) 1.0 0.0 X 0 0 0 0 511568 41882 0 false true false 0 689134 689134 0 817805 817805 0 0 0 0 0 1330857 1213747 117110 117110 117110 0 0 0 0 0 0 0 0 0 OTHER INCOME 2000 2000 2000 1626049 2000 934915 1154820 1154820 0 0 0 0 0 0 0 0 0 0 0 32825 32825 0 0 12535 12535 1320 1320 750 750 3900 3900 5400 5400 0 0 0 0 0 0 0 6000 6000 0 REIMB OF SALARIES & BENEFITS 87116 87116 1304666 1156140 148526 0 2598397 2717809 0 0 2754892 932420 0 2555 0 0 0 0 0 0 0 0 0 0 0 0 20437526 21833138 3716 3081 0 0 27000 21000 0 0 25821531 25510003 29573 18271 1415300 718334 0 0 0 0 0 0 0 0 0 0 0 0 254758 281935 1699631 1018540 X 0 0 24121900 24491463 24121900 24491463 25821531 25510003 X 321383 1364662 -1316482 X false true X true false X X X 43 DIOCESE OF BRIDGEPORT - FAITH FORMATION 060737923 1 false 51300 0 DIOCESE OF BRIDGEPORT - OFFICE OF EDUCATION 060737923 1 false 264632 0 DIOCESE OF BRIDGEPORT - QUEEN OF CLERGY 060737923 1 false 36316 0 DIOCESE OF BRIDGEPORT - SEMINARIANS 060737923 1 false 60360 0 DIOCESE OF BRIDGEPORT - VOCATIONS 060737923 1 false 28992 0 DIOCESE OF BRIDGEPORT - MISSION PARISHES 060737923 1 false 5000 0 DIOCESE OF BRIDGEPORT - MINI GRANTS 060737923 1 false 3800 0 DIOCESE OF BRIDGEPORT 067377923 1 false 96877 0 THE CATHEDRAL PARISH BRIDGEPORT 454479361 1 false 204700 0 ST JAMES PARISH STRATFORD 060646817 1 false 2500 0 BLESSED SACRAMENT PARISH BRIDGEPORT 060662109 1 false 3500 0 ST MARY PARISH BRIDGEPORT 060646836 1 false 25200 0 BASILICA OF ST JOHN THE EVANGELIST PARISH STAMFORD 060653126 1 false 3000 0 ST ANN PARISH BRIDGEPORT 060660404 1 false 8500 0 ST GEORGE PARISH BRIDGEPORT 060665189 1 false 5500 0 ST CATHERINE'S CENTER FOR SPECIAL NEEDS 472207752 1 false 23000 0 IMMACULATE HIGH SCHOOL 061353635 2 false 35409 0 GUILD OF THE MOST SACRED HEART OF JESUS REDDING 881438030 1 false 30000 0 HOLY NAME OF JESUS PARISH STAMFORD 060670248 1 false 5000 0 OUR LADY OF APARECIDA PARISH DANBURY 850738331 1 false 5900 0 ST ALOYSIUS PARISH NEW CANAAN 060676316 1 false 4000 0 ST CAMILLUS CENTER 060737923 1 false 9000 0 ST CECILIA ST GABRIEL PARISH 060653160 1 false 15000 0 ST CHARLES BORROMEO PARISH BRIDGEPORT 060653121 1 false 8000 0 ST JOHN PAUL II CENTER 060737923 1 false 11000 0 ST JOSEPH CENTER 060737923 1 false 9000 0 ST JOSEPH - ST LADISLAUS PARISH NORWALK 060655134 1 false 6500 0 ST MARY PARISH STAMFORD 060646847 1 false 32000 0 ST PETER PARISH BRIDGEPORT 060646857 1 false 9000 0 REDEMPTORIS MATER SEMINARY 813468471 1 false 30000 0 VERITAS CATHOLIC NETWORK INC 822807737 7 false 24000 0 ST MARY PARISH RIDGEFIELD 060660423 1 false 10750 0 HOLY FAMILY-ST EMORY CHURCH 060718206 1 false 9000 0 ST PATRICK PARISH REDDING 237238870 1 false 7000 0 ST PETER PARISH DANBURY 060668339 1 false 6000 0 CREW-LEADERS FOR MARY INC 880541825 7 false 6000 0 OUR LADY OF GUADALUPE PARISH DANBURY 061478192 1 false 5000 0 ST MATTHEW PARISH NORWALK 060728319 1 false 4200 0 CHRIST THE KING PARISH TRUMBULL 060916088 1 false 4100 0 ST MICHAEL THE ARCHANGEL PARISH GREENWICH 060864815 1 false 4000 0 ST BRIDGET OF ORELAND CHURCH STAMFORD 060800392 1 false 4000 0 ST MARY PARISH GREENWICH 060679109 1 false 4000 0 ST THERESA PARISH TRUMBULL 060664192 1 false 3500 0 NOTRE DAME DU PERPETUEL SECOURS QUASI PARISH STAMFORD 861568702 1 false 3500 0 FEDERATION OF KOINONIA JOHN THE BAPTIST BRIDGEPORT 921074925 1 false 4350 0 ST PHILIP PARISH NORWALK 060795180 1 false 3000 0 SACRED HEART PARISH STAMFORD 060646797 1 false 2500 0 ST CATHERINE OF SIENA PARISH TRUMBULL 060703539 1 false 1000 0 VARIOUS - MINI GRANTS 999999999 1 false 15934 0 49 1154820 true false false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21592286 343550 2287042 765493 1355307 97166 22004912 25883687 1629858 -3729649 2078857 33263 79490 21592286 25629360 359913 6187841 2667614 3583425 42388 25883687 36905224 926264 1112352 836698 12443853 33929 25629360 26708668 10183859 1345838 1284062 36163 12916 36905224 0.89020 0.10980 false false 0 SPLIT INTEREST OBLIGATIONS 281935 281935 X 2978176 1364662 1364662 1613514 12535 12535 1626049 1292131 1292131 12535 12535 1304666 Part XIII - Supplemental Financial Information Part V, Line 4 - Intended uses of the Organization's Endowment Funds To support Catholic Education, Vocation, and Seminary Education, Priests' Residence and Retirement Fund and Diocesan Ministries and Programs. Part X, Line 2 - Liability for uncertain tax positions The organization recognizes the benefits of income tax positions only if those positions are more likely than not of being sustained. The organization is subject to routine audits by the Internal Revenue Service. There are currently no audits for any tax periods since 2019. true Diocese of Bridgeport - Faith Formation 060737923 51300 Program support Diocese of Bridgeport - Office of Education 060737923 264632 Program support Diocese of Bridgeport - Queen of Clergy 060737923 36316 Program support Diocese of Bridgeport - Seminarians 060737923 60360 Program Support Diocese of Bridgeport - Vocations 060737923 28992 Program Support Diocese of Bridgeport 060737923 96877 Program support The Cathedral Parish Bridgeport 454479361 204700 Program Support St Mary Parish Bridgeport 060665189 25200 Program Support St Ann Parish Bridgeport 060660404 8500 Program Support St George Parish Bridgeport 060660400 5500 Program Support St Catherine's Center for Special Needs 472207752 23000 Program Support Immaculate High School 061353635 35409 Scholarships Guild of the Most Sacred Heart of Jesus 881438030 30000 Program support Our Lady of Aparecida Parish Danbury 850738331 5900 Program support St Camillus Center 060737923 9000 Program support St Cecilia St Gabriel Parish 060653160 15000 Program support St Charles Borromeo Parish Bridgeport 060653121 8000 Program support St John Paul II Center 060737923 11000 Program support St Joseph Center 060737923 9000 Program support St Joseph - St Ladislaus Parish Norwalk 060655134 6500 Program support St Mary Parish Stamford 060646847 32000 Program support St Peter Parish Bridgeport 060646857 9000 Program support Redemptoris Mater Seminary 813468471 30000 Veritas Catholic Network 822807737 24000 St Mary Parish Ridgefield 060660423 10750 Holy Family-St Emory Church 060718206 9000 St Patrick Parish Redding 237238870 7000 St Peter Parish Danbury 060668339 6000 CREW-Leaders for Mary Inc 880541825 6000 Part I, Line 2 - The Organization monitors the financial activities of each of the grant recipient organizations for scholarships, grant program and support use. false false false false false false false false false Michael Hanlon Treasurer & CAO 230414 11521 241935 Anne O McCrory Secretary 205613 10281 215894 Form 990 Part VI, Line 6 - Classes of members or stockholders Members, as the organization is a not-for-profit, Connecticut non-stock corporation. Part VI, Line 7A - Election of members and their rights Members elect directors of the corporation. Part VI, Line 7B - Decisions subject to approval of members Certain actions of the board are subject to the members' approval. Part VI, Line 11B - Organization's process to review form 990 The completed form 990 was provided to the organization's directors for their review and comments prior to filing. Part VI, Line 12C - Monitoring and enforcing compliance Annual written declarations were signed by directors and officers, and monitored by the Board. Part VI, Line 19 - Governing documents disclosure explanation Governing documents, conflict of interest policy, and financial statements are made available for inspection upon request. The audited financial statements are also displayed within the Diocese of Bridgeport's website. Part XI, Line 9 - Other Changes in Net Assets or Fund Balances Transfer of net assets to Foundations in Education, Inc. Bridgeport Roman Catholic Diocesan Corp 238 Jewett Ave Bridgeport CT 06606 060737923 Religious CT 501(c)3 01 false false true false false false false false false false false false true false false true false false false