Catholic Education Foundation Inc

Organization Overview

Catholic Education Foundation Inc is located in Louisville, KY. The organization was established in 1946. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2023, Catholic Education Foundation Inc employed 9 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Catholic Education Foundation Inc 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 Education Foundation Inc generated $8.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $6.6m during the year ending 06/2023. While expenses have increased by 6.3% per year over the past 8 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 Education Foundation Inc has awarded 429 individual grants totaling $30,461,070. 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE GROWTH AND VITALITY OF CATHOLIC EDUCATION IN THE ARCHDIOCESE OF LOUISVILLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS WERE PROVIDED FOR TUITION ASSISTANCE TO CATHOLIC SCHOOL FAMILIES, TECHNOLOGY ENHANCEMENTS AT PARISHES AND SCHOOLS, PROFESSIONAL DEVELOPMENT OF FACULTY AND STAFF, AND RELIGIOUS EDUCATION PROGRAMS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$2,261,317
Related organizations$645,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,912,178
Noncash contributions included in lines 1a–1f $1,139,915
Total Revenue from Contributions, Gifts, Grants & Similar$7,818,495
Total Program Service Revenue$0
Investment income $531,789
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$106,157
Net Income from Fundraising Events -$208,721
Net Income from Gaming Activities $312,994
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,348,400

Grants Awarded

Over the last fiscal year, Catholic Education Foundation Inc has awarded $4,615,241 in support to 52 organizations.

Grant RecipientAmount

ST FRANCIS DESALES HIGH SCHOOL

PURPOSE: EDUCATIONAL GRANT

$98,000

ACADEMY OF OUR LADY OF MERCY

PURPOSE: EDUCATIONAL GRANT

$98,000

ST FRANCIS OF ASSISI SCHOOL

PURPOSE: EDUCATIONAL GRANT

$83,707

ST GABRIEL SCHOOL

PURPOSE: EDUCATIONAL GRANT

$164,880

ST JAMES SCHOOL

PURPOSE: EDUCATIONAL GRANT

$186,565

ST JAMES SCHOOL

PURPOSE: EDUCATIONAL GRANT

$102,325
View Grant Profile

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