2025-04-30T10:38:03-05:00 2024-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-07-01 451740219 The Catholic Foundation for the Archdiocese of Dubuque CATH 3192004657 120 5th St NW Cedar Rapids IA 52405 Michele Brock Executive Director 3192004657 2025-04-28 1 1 Mayumi Stella P00970938 6122536500 2025-04-28 2023 2025-03-06 01:10:19Z The Catholic Foundation in the Archdiocese of Dubuque Michele Brock 120 5th St NW Cedar Rapids IA 52405 57835667 0 X www.ourcfad.org X 2011 IA Multiply charitable resources for maximum benefit to our Catholic community. 12 12 2 13 0 0 5401987 7228180 817121 916026 3891467 3444826 0 0 10110575 11589032 2420101 4084986 0 0 215221 227201 0 0 31281 955517 1086095 3590839 5398282 6519736 6190750 146802110 164181885 33212644 33743862 113589466 130438023 X Multiply charitable resources for maximum benefit to our Catholic community. 0 0 5086947 4084986 916026 The Catholic Foundation in the Archdiocese of Dubuque (CFAD) assists donors who wish to make a meaningful and lasting impact for Catholic organizations and those served by those organizations through the Spiritual and Corporal Works of Mercy. CFAD serves those in the 30 counties in northeast Iowa that make up the Archdiocese of Dubuque in three ways: charitable planning, investing, and grantmaking services.CFAD is separate from, yet collaborative with, the Archdiocese Corporation and holds donor advised funds and endowments for donors and Catholic parishes, schools, cemeteries, social services and other Catholic organizations. Statement continued on Schedule O.We work with donors who want their Catholic values perpetuated in a legacy gift and help them structure that in the best way for them, their family and the organization(s) they want to benefit. CFAD works with Catholic organizations, their donors and donors' advisors through its legacy planning services. In FY2024, 11 new organizations began the Legacy Planning Toolkit program through CFAD. More than 1,300 individuals sought information through CFAD's services regarding charitable giving along with 234 attending charitable planning education events.CFAD invests legacy gifts, donor advised funds and organization trust accounts in Catholic responsible choices. In FY2024, 17 new endowment funds, two new donor advised funds and 13 new agency trust accounts were added. Additionally, one future planned fund was established.Through donor agreements, CFAD grants legacy gifts as donors intend. In FY2024, $4,255,113 in grants were given from 234 funds to 166 organizations. The amount of grants to others in Part IX, line 1 represents distributions taken. Some organizations choose to not take a distribution but rather reinvest. These organizations are not reflected in the grant total.CFAD's vision is to endow financial support for our Catholic community; in other words, CFAD aims to sustain our Catholic organizations so that they can always carry out their missions to meet both spiritual and basic human needs in a manner that reflects Catholic values. 5086947 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X Michele Brock 3192004657 120 5th St NW Cedar Rapids IA 52405 Brian McConnell Chair 0.50 X X 0 0 0 Louis Hagarty Vice Chair 0.50 X X 0 0 0 John Fink Treasurer 0.50 X X 0 0 0 Sarah Smith Secretary 0.50 X X 0 0 0 Jasmin Cisneros Director until 4/29/24 0.50 X 0 0 0 Kathleen Kleiman Director as of 1/15/24 0.50 X 0 0 0 Kevin Schmitt Director 0.50 X 0 0 0 Archbishop Thomas Zinkula Director as of 10/18/23 0.50 X 0 0 0 Anthony Tony Monaghan Director 0.50 X 0 0 0 Tricia Lenz Director 0.50 X 0 0 0 Pat Leonard Director 0.50 X 0 0 0 Kirk Sadilek Director 0.50 X 0 0 0 LuAnn Scholbrock Director 0.50 X 0 0 0 Bishop Richard Pates Director until 10/17/23 0.50 X 0 0 0 Jacqulyn Arthur Director until 11/27/23 0.50 X 0 0 0 Michele Brock Executive Director 40.00 X 113515 0 17739 113515 0 17739 1 0 0 0 0 7228180 7228180 Administration Fees 561000 893657 893657 Program Fees 561000 22369 22369 916026 3016972 3016972 46674489 46246635 427854 427854 427854 11589032 916026 0 3444826 4084986 4084986 142856 48571 65714 28571 62675 27577 35098 3136 1380 1756 4987 2195 2792 13547 4606 6231 2710 14300 14300 199800 199800 102244 102244 22620 22620 24870 15563 9307 7200 7200 8792 8792 198 198 3802 3802 Administrative expense 702269 702269 5398282 5086947 280054 31281 151784 195916 3277920 2770637 314 371 6023 91288 3113 513 679 2600 120045841 135050411 23319549 26070662 146802110 164181885 113795 179732 33098849 33564130 33212644 33743862 X 113589466 130438023 113589466 130438023 146802110 164181885 6190750 10657807 0 X 0 1 X 1 0 X 3125257 5580104 5482014 5401987 7228180 26817542 3125257 5580104 5482014 5401987 7228180 26817542 26817542 1982457 2332366 3204742 2781651 3016972 13318188 40135730 3888387 0.66820 0.70990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 116775 10000 218635 1 1 0 1 X 112439702 7739360 14402826 4272486 688224 129621178 99874123 5400862 10203065 2420101 618247 112439702 111939326 6113948 -14195055 3319468 664628 99874123 0.01000 0.98900 0.00100 0 0 3113 513 2600 2600 Annuity/Life Insurance 4000000 F Investments in Alternative Investment Grantor Trust 22070662 F 26070662 X 1241463 195582 195582 1045881 199800 10343351 10543151 11589032 566316 0 566316 199800 4632166 4831966 5398282 Part IV, Line 2b: Funds Held in Trust represents funds that have been transferred to the Foundation, but ownership is retained by the Trustor. Investment income and distributions of these funds are not considered revenues or expenses of the Foundation. Agency funds ArchdioceseOne The Foundation has agreed to collect and track promises to give and cash receipts related to the ArchdioceseOne appeal. Amounts pledged, as well as amounts received and not yet remitted to the respective financial beneficiaries of the appeal, are recorded as an agency fund liability. Part V, Line 4: The Catholic Foundation in the Archdiocese of Dubuque holds permanent and board designated endowments that benefit single and multiple Catholic organizations depending on the type of fund. Its purpose is to provide income for nonprofits indefinitely to help with their stability and growth. Part X, Line 2: The Foundation believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Foundation would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Part XI, Line 4b - Other Adjustments: Designated funds recorded in revenue as contributions on Form 990 6,971,769. Interest income on designated funds recorded as revenue on Form 990 2,955,240. Realized gain on designated funds recorded as revenue on Form 990 416,342. Part XII, Line 4b - Other Adjustments: Designated endowment distributions recorded in functional exps on Form 990 3,929,897. Designated endowment fees recorded in functional expense on Form 990 702,269. 1 The Archdiocese of Dubuque Education 1229 Mt Loretta Avenue Dubuque IA 52003 421400348 501(c)3 1085699 0 Scholarships and tuition for students The Archdiocese of Dubuque 1229 Mt Loretta Avenue Dubuque IA 52003 420680409 501(c)3 581271 0 Operational costs and to have Masses said for the Wellik & Falada families Catholic Charities Foundation 1229 Mt Loretta Avenue Dubuque IA 52003 420680319 501(c)3 346976 0 Assist in carrying out its mission of supporting Catholic Charities of the Archdiocese of Dubuque The Archdiocese of Dubuque Seminarian Education 1229 Mt Loretta Avenue Dubuque IA 52003 421400343 501(c)3 328538 0 Assist with the costs of seminarian education Holy Family Church 313 W Court St New Hampton IA 50659 420746001 501(c)3 122869 0 Education expenses St Thomas Aquinas Church 2210 Lincoln Way Ames IA 50014 420698050 501(c)3 99402 0 For operational, student support, and Works of Mercy All Saints Church 720 29th St SE Cedar Rapids IA 52403 420698056 501(c)3 92588 0 For operational use and scholarships for students attending All Saints School Mount Calvary Cemetery Association 1111 Davis Ave Dubuque IA 52001 420707105 501(c)3 80467 0 Perpetual care, maintenance and repair St Joseph Church 1790 14th St Marion IA 52302 420782534 501(c)3 70043 0 Operational costs of St. Joseph Parish and St. Joseph School St Cecilia Church 2900 Hoover Ave Ames IA 50010 420788215 501(c)3 54746 0 To fund church ministries Blessed Sacrament Church 650 Stephan Avenue Waterloo IA 50701 420681065 501(c)3 51983 0 To provide for the needs of Blessed Sacrament Parish St Joseph the Worker Church 60 S Algona St Dubuque IA 52001 420698063 501(c)3 50248 0 Support educational needs Holy Spirit Parish 2215 Windsor Ave Dubuque IA 52001 420738963 501(c)3 48185 0 To assist with education related expenses Cedar Valley Catholic Schools 3231 W 9th St Waterloo IA 50702 420796767 501(c)3 39799 0 Operational costs and tuition assistance Aquin Educational System PO Box 460 Cascade IA 52033 420859383 501(c)3 35947 0 Operational costs and tuition assistance Seton Catholic Schools 7597 Burds Rd Peosta IA 52068 420939663 501(c)3 31124 0 Operational costs and tuition assistance Basilica of St Francis Xavier 104 3rd St SW Dyersville IA 52040 420730353 501(c)3 30897 0 Operational costs and tuition assistance Don Bosco High School 405 16th Ave Gilbertville IA 50634 420788230 501(c)3 30780 0 General support Newman Catholic School System Foundation 2445 19th St SW Mason City IA 50401 421078829 501(c)3 28791 0 Scholarships and tuition assistance Calvary Cemetery Association 106 Chapel Ln Charles City IA 50616 420923759 501(c)3 27996 0 Perpetual care, maintenance and repair Catholic Cemeteries of Waterloo 3912 W 4th Street Waterloo IA 50701 420165873 501(c)3 27207 0 Perpetual care, maintenance and repair St Joseph's Church 405 Franklin St Bellevue IA 52031 420718463 501(c)3 26372 0 Education related expenses St Raphael Cathedral 231 Bluff St Dubuque IA 52001 420703275 501(c)3 26351 0 To provide funds for the Program of Liturgical Music Mt Olivet Cemetery Association 10556 Military Road Dubuque IA 52003 420426590 501(c)3 26204 0 Perpetual care, maintenance and repair Immaculate Conception Church PO Box 136 Gilbertville IA 50634 420698206 501(c)3 25567 0 Support educational programs St Patrick's Church 705 Main Street Cedar Falls IA 50613 420703284 501(c)3 24802 0 General operations Immaculate Conception Church 106 Chapel Ln Charles City IA 50616 420725300 501(c)3 24381 0 Support the educational programs St Stephen the Witness Catholic Student Center 1019 West 23rd Street Cedar Falls IA 50613 421208336 501(c)3 24519 0 Operational costs and engage the community with the "Donuts & Dialogue" program Mt Calvary Cemetery Association 2310 1st Ave NE Cedar Rapids IA 52402 420698296 501(c)3 20199 0 Perpetual care, maintenance and repair St Aloysius Church PO Box 819 Calmar IA 52132 420761054 501(c)3 20037 0 Eductional needs of St. Aloysius Parish and tuition assistance to students attending St. Teresa of Calcutta School St Mary's Church 119 West Fayette St Manchester IA 52057 420730358 501(c)3 18972 0 Educational needs of St. Mary Parish and St. Mary School St Joseph's Church PO Box 136 Gilbertville IA 50634 420681420 501(c)3 18385 0 Support educational programs St Francis of Assisi Parish 107 S First St Marshalltown IA 50158 420822991 501(c)3 17742 0 Operational and educational related expenses and maintain Immaculate Conception Oratory St Anthony Church 1870 Saint Ambrose Dubuque IA 52001 420680265 501(c)3 17528 0 Educational related expenses St Francis Catholic School 310 Columbus Dr Marshalltown IA 50158 420918582 501(c)3 17240 0 Operational uses and tuition assistance to families with financial need St Patricks Church 1425 Iowa St Dubuque IA 52001 420772573 501(c)3 16652 0 Tuition assistance to students from St. Patrick Parish, support education and formation initiatives The Sacred Heart Church 200 S Vermont St Maquoketa IA 52060 420725234 501(c)3 14537 0 Assist with education related expenses SS Peter and Paul Church 104 3rd St SW Dyersville IA 52040 420710266 501(c)3 13627 0 Assist with costs of Catholic education for S.S. Peter and Paul Church parishioners St Luke Church PO Box 205 Protivin IA 52163 420757450 501(c)3 12959 0 Assist with the operational costs St John Church PO Box 205 Protivin IA 52163 420680269 501(c)3 12894 0 Funds to go towards the sustainability of St. John Church, Fort Atkinson St Jude Church 50 Edgewood Road NW Cedar Rapids IA 52405 420866468 501(c)3 12492 0 Assist with the operational costs St Patrick's Church 109 Second Street SW Waukon IA 52172 420698115 501(c)3 11875 0 Provide for the needs of St. Patrick's School St Joseph's Cemetery Association 50 Edgewood Rd NW Cedar Rapids IA 52405 421107117 501(c)3 11390 0 Perpetual care, maintenance and repair Sacred Heart Church 608 2nd Ave SE Clarion IA 50525 420680367 501(c)3 11044 0 General operations St Matthias Parish PO Box 699 Cascade IA 52033 420725147 501(c)3 10886 0 Educational and operational costs Sacred Heart Cemetery Association 210 E 3rd St Monticello IA 52310 450588164 501(c)3 10579 0 Perpetual care, maintenance and repair Mt Mercy University 1330 Elmhurst Dr NE Cedar Rapids IA 52402 420681046 501(c)3 10000 0 College tuition scholarships to attend Mt. Mercy University for students receiving the Fr. Graham Scholarship Holy Family Cemetery Association 313 W Court St New Hampton IA 50659 371572644 501(c)3 9592 0 Perpetual care, maintenance and repair St Patrick's Cemetery Association PO Box 1521 Monona IA 52159 743183151 501(c)3 9405 0 Perpetual care, maintenance and repair St Boniface Church of New Vienna 104 3rd St SW Dyersville IA 52040 420698229 501(c)3 8801 0 Fund Catholic education at St. Boniface Church St Francis Church PO Box 819 Calmar IA 52132 420680343 501(c)3 8131 0 Educational programs Beckman Endowment Corporation 1325 9th St Dyersville IA 52040 510179386 501(c)3 7320 0 Education assistance Notre Dame Church 116 Third St East Cresco IA 52136 421489681 501(c)3 7198 0 To provide for the needs Notre Dame Elementary School St Mary's Cemetery of Manchester 119 W Fayette St Manchester IA 52057 470854959 501(c)3 7119 0 Perpetual care, maintenance and repair St Joseph Cemetery Association PO Box 6 Bellevue IA 52031 753190801 501(c)3 7020 0 Perpetual care, maintenance and repair Resurrection Cemetery Association Inc 4300 Asbury Rd Dubuque IA 52002 420866728 501(c)3 6637 0 Perpetual care, maintenance and repair Immaculate Cemetery Association 107 S First St Marshalltown IA 50158 420725231 501(c)3 6403 0 Perpetual care, maintenance and repair St Joseph's Cemetery Association PO Box 286 Epworth IA 52045 861091770 501(c)3 6356 0 Perpetual care, maintenance and repair The Church of the Nativity 1225 Alta Vista St Dubuque IA 52001 420707103 501(c)3 6064 0 Scholarships for students, grades K-8, from Nativity Parish attending Catholic schools within the city of Dubuque, IA St Patrick's Church 215 N Garnavillo St Anamosa IA 52205 420883540 501(c)3 6003 0 Operational costs St Mary's Cemetery Association PO Box 136 Gilbertville IA 50634 421395868 501(c)3 5666 0 Perpetual care, maintenance and repair Calvary Cemetery Association PO Box 699 Cascade IA 52033 420698049 501(c)3 5514 0 Perpetual care, maintenance and repair Sacred Heart Church 627 W Fourth St Waterloo IA 50702 420702050 501(c)3 5407 0 Operational costs St Joseph's Cemetery Association 119 W Fayette St Manchester IA 52057 010760233 501(c)3 5268 0 Perpetual care, maintenance and repair St Boniface Church 660 Bush Avenue Garner IA 50438 420757430 501(c)3 5226 0 Operational costs Mount Olivet Cemetery Association 109 Second St SW Waukon IA 52172 420426591 501(c)3 5064 0 Perpetual care, maintenance and repair St Athanasius Church PO Box 316 Jesup IA 50648 420698081 501(c)3 15421 0 Financial support for educational needs 67 0 Part I, Line 2: All grant distributions are noted with a purpose statement for the specific use of the monies, and the Foundation requires a form be returned acknowledging it was used for such purpose. The Foundation makes periodic site visits to grantees as well. Form 990, Part VI, Section A, line 1a The Executive Committee consists of a total of four members, the current Chair, Vice Chair, Treasurer and Secretary of the Board of Directors. The current Chair of the Board of Directors shall serve as the Chair of the Executive Committee. The Executive Committee has the authority to act on behalf of the Board of Directors of the Corporation when the Board gives such authority. Action by the Executive Committee requires the affirmative vote of a majority of all duly appointed members. Form 990, Part VI, Section A, line 2 Bishop Richard Pates, Archbishop Thomas Zinkula, and Michele Brock have a business relationship. Form 990, Part VI, Section B, line 11b Each Board of Director is provided a copy of the Form 990 before it is filed. The Form 990 is reviewed by the President and the Finance and Audit Committee. Form 990, Part VI, Section B, line 12c The conflict of interest policy establishes the required Board process for entertaining and voting upon any proposed transaction, compensation, gift or other financial arrangement between the Organization and any "interested person" who has a duality of interest or potential conflict with respect to any such transaction, compensation, gift or other financial arrangement. On an annual basis, each interested person signs an affirmation acknowledging his or her receipt of such policy and agreement to abide by its terms. The completed policies are reviewed and discussed by the Board. Any interested person with a conflict is not allowed to vote on the matter. Form 990, Part VI, Section B, line 15a The Executive Director's compensation is approved by the Board of Directors on an annual basis. The Organization uses the Form 990 of similar exempt organizations and compensation surveys and studies for comparability data. The process and determination is documented in the personnel file. Form 990, Part VI, Section C, line 19 The Organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.