2025-11-13T13:54:40-06:00 2025-06-30 204193611 Batts Morrison Wales and Lee PA 801 North Orange Avenue Suite 800 Orlando FL 32801 990 2024-07-01 260879378 The Catholic Foundation of Central Florida Inc CATH 4072464889 50 East Robinson Street Orlando FL 32801 Madelyn Weed President & CEO 4072464889 2025-10-17 1 1 Michele M Wales CPA P00428093 4077706000 2025-10-17 2024 2025-03-06 01:10:19Z Madelyn Weed 50 East Robinson Street Orlando FL 32801 34580561 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. 17 11 23 22 0 0 2859372 4168752 2989187 2898132 -143036 1317550 0 0 5705523 8384434 546184 1334993 0 0 1838736 1664317 0 0 0 1454806 1147830 3839726 4147140 1865797 4237294 118152586 140473417 87023799 102484264 31128787 37989153 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 1435304 0 1831030 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. 1541364 1334993 561002 Grantmaking and Managing Charitable Funds: Endowed funds provide a permanent source of recurring revenue that supports the work of Catholic compliant organizations into perpetuity. Reserve and donor advised funds provide sources of revenue for current and intermediate needs for addressing needs and 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. The Foundation's endowment fund also provides grants to address community needs and professional development. 671884 0 506100 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 and 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 for planned and legacy giving, donor advised fund giving, individual and family philanthropy. 3648552 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 0 0 0 1 5 0 1 23 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 11 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 Tom Chandler Chair/Director (end 9/24) 2.50 X X 0 0 0 Karen Monteleone Chair/Director 2.50 X X 0 0 0 Dr Robert Kryger Vice-Chair/Director/Treasurer 1.50 X X 0 0 0 Sr Maria Teresa Acosta Director (end 10/24) 1.00 X 0 0 0 Jessica Cepero Bracero Director 1.00 X 0 0 0 Garrett Burke Director 1.00 X 0 0 0 Fr Scott Circe Director - See Sch O 1.00 40.00 X 0 1 1 Fr Ralph DuWell Director - See Sch O 1.00 40.00 X 0 1 1 Elisha Gonzalez Director 1.00 X 0 0 0 Fr Timothy LaBo Director - See Sch O 1.00 40.00 X 0 1 1 Wendy Mara Director 1.00 X 0 0 0 Fr Matthew Mello Director - See Sch O 1.00 40.00 X 0 1 1 Fr Ivan Olmo Director - See Sch O 1.00 40.00 X 0 1 1 Andrew Orosz Director 1.00 X 0 0 0 Matthew Pineda Director 1.00 X 0 0 0 David R Ramos Director 1.00 X 0 0 0 Randall Scott Director 1.00 X 0 0 0 Lori Tolland Director 1.00 X 0 0 0 Fr Richard Trout Director - See Sch O 1.00 40.00 X 0 1 1 Erika Wikstrom Director (end 10/24) - See Sch O 1.00 40.00 X 0 1 1 Rachel Youngs Director 1.00 X 0 0 0 Kimberlee Riley President & CEO (end 9/24) 40.00 X 142328 0 32593 Susan Hunt Controller 40.00 X 73902 0 15217 Madelyn Weed President & CEO 40.00 X 119317 0 19261 Marta Sweeney V.P. Community Services 40.00 X 116035 0 17437 Nia Herald VP, Chief Financial Office 40.00 X 96187 0 17050 Bryce Howard Dir. of Data Management (began 5/24) 40.00 X 96317 0 16550 644086 7 118115 3 0 1 0 0 629518 3539234 280518 4168752 Development & Stewardship Fees 541990 2257863 2257863 Investment Management Fees 523940 559687 559687 Campaign Service Fees 561499 80582 80582 2898132 664098 664098 26849579 26196127 653452 653452 653452 8384434 2898132 0 1317550 1334993 1334993 682767 568595 114172 756497 613639 142858 53732 42524 11208 68874 56574 12300 102447 84046 18401 9192 6679 2513 39990 29055 10935 158039 114824 43215 119963 87160 32803 499479 471304 28175 135791 114491 21300 134428 95633 38795 34212 29035 5177 16736 16736 4147140 3648552 498588 0 3018989 2140023 483634 502433 85036 63365 41336 21671 52976411 77199120 61376359 60454323 255857 155847 118152586 140473417 1075628 430478 114320 85362658 101570230 471193 483556 87023799 102484264 X 2055662 4230501 29073125 33758652 31128787 37989153 118152586 140473417 X 4237294 2605588 17484 X X 0 1 X 1 0 X 1728045 1780427 1651497 2859372 4168752 12188093 1728045 1780427 1651497 2859372 4168752 12188093 1689754 10498339 373953 305691 443732 448503 664098 2235977 14424070 13476015 0.72780 0.74490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16 784515 388030 1197787 1 1 0 1 X 24745683 1752392 3559356 352345 327674 29377412 21037440 1695926 2636412 516435 107660 24745683 19103780 878371 1788202 637301 95612 21037440 21944387 874977 -3053505 555865 106214 19103780 16872487 645242 5113866 599020 88188 21944387 0.00000 0.64062 0.35938 0 0 85036 63365 21671 21671 SSGA 41112262 F Wellington 7677829 F NHIT 11664232 F 60454323 Charitable Gift Annuity Investmts. 483556 483556 10849467 2605588 17484 2623072 8226395 158039 158039 8384434 3989101 0 3989101 158039 158039 4147140 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 17,484. 1 Basilica of the National Shrine of Mary Queen of the Universe 8300 Vineland Ave Orlando FL 32821 592328306 501(c)(3) 310275 0 General Operating Support Diocese of Orlando 50 E Robinson St Orlando FL 32801 591215378 501(c)(3) 254623 0 General Support & Clergy Support Catholic Charities of Central Florida Inc 1819 N Semoran Blvd Orlando FL 32807 591214353 501(c)(3) 159036 0 Ministry to the Needy St Joseph Catholic School 2617 Waterloo Road Mogadore OH 44260 340714655 501(c)(3) 53455 0 Tuition Assistance & General Support Holy Spirit Catholic Church Lake Wales 644 S 9th St Lake Wales FL 33853 590711175 501(c)(3) 47286 0 General Operating Support St Mary Catholic Church 1136 Seminol Dr Rockledge FL 32955 590895913 501(c)(3) 17592 0 General Operating Support St Margaret Mary Catholic Church 526 N Park Ave Winter Park FL 32789 590855407 501(c)(3) 16400 0 General Operating Support Prince of Peace Catholic Church 600 S Nova Rd Ormond Beach FL 32174 596496260 501(c)(3) 25500 0 General Operating Support St Brendan Catholic Church 1000 Ocean Shore Blvd Ormond Beach FL 32176 591010681 501(c)(3) 23000 0 General Operating Support Providence College PO Box 834 Providence RI 02901 050258932 501(c)(3) 10000 0 General Operating Support Society of St Vincent de Paul - St Ann Conference 2300 Main St Batavia IL 60510 362436055 501(c)(3) 10000 0 General Operating Support St Philip Phan Van Minh Catholic Church 15 W Par St Orlando FL 32804 760772828 501(c)(3) 13000 0 General Operating Support Holy Cross Catholic Church Batavia IL 2300 Main St Batavia IL 60510 362436055 501(c)(3) 6800 0 General Operating Support Father Lopez Catholic High School 3918 LPGA Blvd Daytona Beach FL 32124 590874779 501(c)(3) 6000 0 Tuition Assistance & General Support Chesterton Academy of Orlando 2025 State Rd 436 Winter Park FL 32792 872905463 501(c)(3) 6200 0 General Operating Support St Bernard Parish 248 South Harbor Dr Holmes Beach FL 34217 590903158 501(c)(3) 6000 0 General Operating Support St Vincent de Paul Society 301 W 8th St Sanford FL 32771 592948683 501(c)(3) 6000 0 General Operating Support Most Precious Blood Catholic Church 113 Lockwood Blvd Oviedo FL 32765 202538907 501(c)(3) 6875 0 General Operating Support St John Vianney Catholic Church 6200 S Orange Blossom Trl Orlando FL 32809 590939908 501(c)(3) 8800 0 General Operating Support Waterleaf Women's Clinic 3055 E New York St Aurora IL 60504 270309870 501(c)(3) 5100 0 General Operating Support Resurrection Catholic Church 333 Terrace Way Lakeland FL 33813 591010776 501(c)(3) 25000 0 General Operating Support St James Catholic Cathedral 215 N Orange Ave Orlando FL 32801 590760226 501(c)(3) 10000 0 General Operating Support Cristo Rey Orlando High School 6039 S Rio Grande Ave Orlando FL 32809 880636796 501(c)(3) 25000 0 General Operating Support 29 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 $3,197,478 supporting 27 organizations. X X X X 0 0 0 0 0 0 0 0 0 Kimberlee Riley President & CEO (end 9/24) 109759 0 0 0 32569 0 9467 0 23126 0 174921 0 0 0 X 2 280518 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 vacancy); 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 Governance 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 17,484. 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 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 159036 Cash paid Diocese of Orlando B 254623 Cash paid Diocese of Orlando C 629518 Cash paid Diocese of Orlando L 2257860 Cash paid Diocese of Orlando P 264716 Cash paid Diocese of Orlando R 6571683 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.