Catholic Community Foundation Of San Diego is located in San Diego, CA. The organization was established in 2016. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Catholic Community Foundation Of San Diego employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catholic Community Foundation Of San Diego 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 12/2021, Catholic Community Foundation Of San Diego generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 66.9% each year .
Since 2016, Catholic Community Foundation Of San Diego has awarded 55 individual grants totaling $1,448,143. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO RECEIVE, MANAGE, SAFEGUARD AND GROW INVESTMENTS THAT SUPPORT ORGANIZATIONS AND DONORS CARRYING OUT THE MISSION OF OUR CATHOLIC FAITH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CATHOLIC COMMUNITY FOUNDATION OF SAN DIEGO SERVES AS A RESOURCE FOR CREATING CATHOLIC LEGACIES AS A SPECIAL FORM OF STEWARDSHIP. AS A COMMUNITY FOUNDATION FOR CATHOLICS, WE ASSIST FAMILIES AND INDIVIDUALS TO PASS ALONG THEIR CATHOLIC HERITAGE AND VALUES TO FUTURE GENERATIONS.WE WORK TO ENCOURAGE CATHOLIC PHILANTHROPY AND THE STEWARDSHIP OF ASSETS TO GIVE BACK TO THE LORD FROM THE GIFTS HE HAS PROVIDED FOR US. WE MAKE CERTAIN THAT THE DONORS INTENTIONS ARE HONORED, AND HANDLE THE GRANTS AND DISTRIBUTIONS FROM THE FUNDS.ESTATE AND PLANNED GIVING SEMINARS ARE OFFERED TO EACH OF OUR 98 PARISHES. IN THESE SEMINARS, WE TEACH PARISHIONERS HOW TO MAKE A GIFT FROM THEIR ASSETS THROUGH THEIR WILLS OR ESTATE PLANS.THE CATHOLIC COMMUNITY FOUNDATION OF SAN DIEGO HELPS BUILD PERMANENT ENDOWMENT FUNDS FOR PARISHES, SCHOOLS AND ALL OTHER CATHOLIC MINISTRIES AND ORGANIZATIONS. WE WORK WITH PARISH AND SCHOOL LEADERS TO GROW THE ENDOWMENT FUNDS BY ENCOURAGING CATHOLICS AND OTHERS TO LEAVE LEGACIES TO THE ENDOWMENTS. TYPICALLY, THE ORIGINAL CORPUS FOR THESE FUNDS IS NOT INVADED. EARNINGS FROM THE ENDOWMENT INVESTMENTS ARE AVAILABLE TO THE DONOR FOR DISTRIBUTION ON A SEMI-ANNUAL BASIS TO CATHOLIC ORGANIZATIONS THAT ARE NEAR AND DEAR TO THEIR HEARTS.ONCE ENDOWMENTS ARE ESTABLISHED, THESE FUNDS ARE INVESTED IN A MANNER CONSISTENT WITH CATHOLIC VALUES INVESTING (CVI) STANDARDS ESTABLISHED BY THE U.S. CONFERENCE OF CATHOLIC BISHOPS. THEY ARE INVESTED IN A DIVERSIFIED MANNER TO PRESERVE AND GROW THE ENDOWMENTS. WE HANDLE THE ADMINISTRATIVE WORK FOR ENDOWMENT FUNDS AND PROVIDE GRANTS, UPON DONOR REQUEST, TO ASSIST OUR LOCAL CATHOLIC COMMUNITY.IN ADDITION TO ENDOWMENT FUNDS, THE FOUNDATION ALSO SUPPORTS THE ESTABLISHMENT OF PASS-THROUGH DONOR-ADVISED AND DESIGNATED FUNDS. BOTH OF THESE FUND TYPES FACILITATE GIVING AND MAKING AN IMPACT TODAY, TOMORROW AND IN FUTURE GENERATIONS. PASS-THROUGH DONOR-ADVISE FUNDS TEMPORARY IN NATURE, WITH FUNDS ON DEPOSIT FROM ONE MONTH TO SEVERAL YEARS. DISTRIBUTIONS FROM PASS-THROUGH DONOR-ADVISED FUNDS CAN BE DIRECTED BY DONORS TO NON-CATHOLIC ORGANIZATIONS, SUCH AS A DONORS ALMA MATER OR A NON-CATHOLIC CHARITY AS LONG AS ITS MISSION IS NOT INCONSISTENT WITH CATHOLIC VALUES. ONE OF THE KEY ADVANTAGES OF ESTABLISHING PASS-THROUGH DONOR-ADVISED FUNDS IS THAT THE DONOR RECEIVES AN IMMEDIATE, SINGLE TAX RECEIPT FROM THE FOUNDATION FOR THE GIFT AND THEN HAS SEVERAL MONTHS OR YEARS TO GRANT DISTRIBUTIONS TO CHARITABLE ORGANIZATIONS IN THE FUTURE, AS DESIRED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Rectenwald Executive Dir. | Officer | 40 | $149,479 |
Manny Rubio CEO | Officer | 40 | $110,769 |
Ryan Douglas Bus Ops Mgr | 40 | $99,101 | |
Brian Caster President | OfficerTrustee | 1 | $0 |
Msgr Steven F Callahan Vice President | OfficerTrustee | 1 | $0 |
Susan Carter Secretary | OfficerTrustee | 1 | $0 |
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 | $3,533,242 |
Noncash contributions included in lines 1a–1f | $1,299,087 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,533,242 |
Total Program Service Revenue | $494,953 |
Investment income | $133,396 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $164,182 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $4,327,946 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,671,282 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $306,824 |
Compensation of current officers, directors, key employees. | $92,047 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $106,037 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $58,131 |
Advertising and promotion | $0 |
Office expenses | $8,273 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $53,030 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $13,230 |
Total functional expenses | $2,286,207 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,181,790 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $19,748 |
Net Land, buildings, and equipment | $638,000 |
Investments—publicly traded securities | $0 |
Investments—other securities | $87,420,212 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $89,259,750 |
Accounts payable and accrued expenses | $30,623 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $78,052,808 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $48,910 |
Total liabilities | $78,132,341 |
Net assets without donor restrictions | $6,161,123 |
Net assets with donor restrictions | $4,966,286 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $89,259,750 |
Over the last fiscal year, Catholic Community Foundation Of San Diego has awarded $828,160 in support to 25 organizations.
Grant Recipient | Amount |
---|---|
San Diego, CA PURPOSE: PROGRAM | $264,185 |
San Diego, CA PURPOSE: PROGRAM | $100,000 |
Boise, ID PURPOSE: PROGRAM | $50,000 |
El Cajon, CA PURPOSE: PROGRAM | $50,000 |
San Diego, CA PURPOSE: PROGRAM | $50,000 |
San Diego, CA PURPOSE: PROGRAM | $31,500 |
Over the last fiscal year, we have identified 1 grants that Catholic Community Foundation Of San Diego has recieved totaling $5.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Beg. Balance | $4,023,494 |
Earnings | $536,690 |
Net Contributions | $463,264 |
Other Expense | $57,162 |
Ending Balance | $4,966,286 |
Organization Name | Assets | Revenue |
---|---|---|
Purpose Driven Connection Rancho Santa Margarita, CA | $29,393,570 | $25,518,921 |
Bethel Music Redding, CA | $17,020,388 | $17,178,099 |
Stewardship Endowment Fund Scottsdale, AZ | $47,139,512 | $6,876,380 |
Conference Claimants Endowment Bd California Ann Conf Methodist Ch Stockton, CA | $134,531,224 | $10,421,570 |
Bethel Media Redding, CA | $2,416,750 | $3,101,104 |
Legacy For The Kingdom Phoenix, AZ | $44,613,062 | $3,223,185 |
Catholic Community Foundation Of San Diego San Diego, CA | $89,259,750 | $4,327,946 |
Secrets Unsealed Fresno, CA | $5,504,604 | $3,996,381 |
A P Reilly Foundation Santa Monica, CA | $46,201,571 | $194,000 |
The Olympic Club Foundation San Francisco, CA | $6,547,843 | $1,319,679 |
Arizona District Council Of The Assemblies Of God Kingdom Legacy F Phoenix, AZ | $5,638,218 | $1,044,440 |
Speranza Foundation Mesa, AZ | $5,337,179 | $4,707,152 |