Catholic Foundation For Diocese Of Salina
- Assets
- $37.1m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Salina, KS
- Founding
- 03/1946
- Data as of
- 06/2023
- EIN
- 48-1104490
Organization Overview
Catholic Foundation For Diocese Of Salina is located in Salina, KS. The organization was established in 1946. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Catholic Foundation For Diocese Of Salina 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 06/2023, Catholic Foundation For Diocese Of Salina generated $5.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (46.0%) each year. All expenses for the organization totaled $4.3m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Catholic Foundation For Diocese Of Salina has awarded 45 individual grants totaling $4,455,131. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT ALL ASPECTS OF THE CATHOLIC FAITH IN THE ROMAN CATHOLIC DIOCESE OF SALINA BY DEVELOPING, MANAGING, GROWING, AND GRANTING FUNDS USING CATHOLIC VALUES, HONORING THE DONOR'S INTENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS ISSUED TO CATHOLIC ORGANIZATIONS WITHIN THE SERVICE REGION OF THE ROMAN CATHOLIC DIOCESE OF SALINA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bishop Gerald Vincke Board Member | Trustee | 1 | $0 |
Douglas Hinkin MD President | OfficerTrustee | 1 | $0 |
Jerry Patterson Vice President | OfficerTrustee | 1 | $0 |
Donald Boos Secretary | OfficerTrustee | 1 | $0 |
Jeff Thompson Treasurer | OfficerTrustee | 1 | $0 |
Betty Johnson Board Member | Trustee | 1 | $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 | $4,335,716 |
| Noncash contributions included in lines 1a–1f | $199,039 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,335,716 |
| Total Program Service Revenue | $594,168 |
| Investment income | $614,604 |
| 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 | $5,544,488 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,625,335 |
| Grants and other assistance to domestic individuals. | $3,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $24,510 |
| Compensation of current officers, directors, key employees. | $11,029 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $222,730 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,213 |
| Payroll taxes | $18,914 |
| Fees for services: Management | $53,532 |
| Fees for services: Legal | $591 |
| Fees for services: Accounting | $5,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $120,515 |
| Advertising and promotion | $26,436 |
| Office expenses | $46,853 |
| Information technology | $44,951 |
| Royalties | $0 |
| Occupancy | $26,736 |
| Travel | $16,671 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,028 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $870 |
| Total functional expenses | $4,292,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $265,049 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $36,608,059 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $224,585 |
| Total assets | $37,097,693 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $22,556 |
| Total liabilities | $22,556 |
| Net assets without donor restrictions | $276,269 |
| Net assets with donor restrictions | $36,798,868 |
| 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 | $37,097,693 |
Grants Awarded
Over the last fiscal year, Catholic Foundation For Diocese Of Salina has awarded $3,411,074 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
ROMAN CATHOLIC DIOCESE OF SALINA PURPOSE: Operating Grant | $1,775,357 |
CATHOLIC CHARITIES OF NORTHERN KANSAS PURPOSE: Operating Grant | $27,844 |
COMEAU CATHOLIC CAMPUS CENTER - HAYS PURPOSE: Operating Grant | $18,996 |
DIOCESE OF SALINA SEMINARY FUND PURPOSE: Operating Grant | $334,000 |
HOLY FAMILY GRADE SCHOOL - HAYS PURPOSE: Operating Grant | $21,119 |
CATHOLIC EXTENSION PURPOSE: Operating Grant | $15,000 |