Catholic Foundation For The Diocese Of Davenport

Organization Overview

Catholic Foundation For The Diocese Of Davenport is located in Davenport, IA. The organization was established in 1946. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Catholic Foundation For The Diocese Of Davenport is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Catholic Foundation For The Diocese Of Davenport generated $7.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.3% each year . All expenses for the organization totaled $1.6m during the year ending 06/2022. While expenses have increased by 9.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Catholic Foundation For The Diocese Of Davenport has awarded 82 individual grants totaling $4,139,143. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE CATHOLIC FOUNDATION ENCOURAGES, SOLICITS, ACCEPTS AND MANAGES GIFTS FROM INDIVIDUALS IN ORDER TO FURTHER STEWARDSHIP AND DISTRIBUTES INCOME SO AS TO ADVANCE THE PRIORITIES OF THE DIOCESE OF DAVENPORT AND ITS ENTITIES ACCORDING TO GOSPEL VALUES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION GRANTS MONEY TO DIFFERENT DIOCESAN PARISHES, SCHOOLS AND THE DIOCESAN HEADQUARTERS TO ASSIST WITH THEIR OPERATING EXPENSES.


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Board, Officers & Key Employees

Name (title)Compensation
James Nepple
Director
$0
Jean Ballinger
Director
$0
Chris Kabat
Director
$0
Bill Mcnally
Director
$0
FR Tom Hennen
Vice President
$0
Jerry Kedley
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,884,902
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,884,902
Total Program Service Revenue$0
Investment income $112,871
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,997,773

Grants Awarded

Over the last fiscal year, Catholic Foundation For The Diocese Of Davenport has awarded $687,854 in support to 8 organizations.

Grant RecipientAmount

DIOCESE OF DAVENPORT

PURPOSE: THESE FUNDS ARE FOR THE DAILY OPERATIONS OF THE DIOCESE.

$625,070

ST PAUL THE APOSTLE SCHOOL OF DAVENPORT IOWA

PURPOSE: 80 PARISHES WILL RECEIVE VARIOUS AMOUNTS OF GRANTS. THERE ARE SIGNIFICIANT NEEDS IN MANY PARISHES THROUGH OUT THE DIOCESE. THE NEEDS OF THE PARISHES MAY INCLUDE BUILDING EXPANSION, REPAIRS AND RENOVATIONS, PARISH ENDOWMENTS, DEBT RELIEF, OR A BASE FUNDING FOR PARISH MINISTRIES. SCHOOLS WILL RECEIVE A SMALL PERCENTAGE OF THE ASSETS OF THE FOUNDATION ON A PER STUDENT BASIS TO ASSIST SCHOOLS WITH OPERATING EXPENSES.

$7,085

BURLINGTON NOTRE DAME INC

PURPOSE: SEE ABOVE

$8,335

ASSUMPTION HIGH SCHOOL

PURPOSE: SEE ABOVE

$9,439

REGINA INTER-PARISH CATHOLIC EDUCATION CENTER

PURPOSE: SEE ABOVE

$17,149

OUR LADY OF VICTORY CHURCH OF DAVENPORT IOWA

PURPOSE: SEE ABOVE

$7,085
View Grant Profile

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