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    Catholic Foundation of Maine

    Catholic Foundation of Maine

     

    Is this your nonprofit?

    501(c)(3) organization

    Donations are tax-deductible

    http://www.catholicfoundationmaine.org/

    PO Box 799
    Portland ME 04104

    Mail donations to:
    PO Box 799
    Portland ME 04104

    207-321-7820


    Portland ME | IRS ruling year: 2005 | EIN: 77-0612679  

     

    Organization Mission

    The Catholic Foundation of Maine provides opportunities for people to charitably invest in entities for the long term. The Catholic Foundation of Maine was established in 2003 as a separate nonprofit organization, led primarily by lay Catholics. Through the Foundation, people can support and create charitable funds that are designated and stewarded in perpetuity.
    Online giving is possible by accessing the current list of endowments on our website in the documents section at catholicfoundationmaine.org

     


    Rating Information

    star rating graphic

    Good


    This charity's score is 78%, earning it a Three-Star rating. If this organization aligns with your passions and values, you can give with confidence.


    This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

    Beacon Weights  
    Historical Ratings  

    Rating Report

    • Impact & Results
    • Accountability & Finance
    • Culture & Community
    • Leadership & Adaptability
    Accountability & Finance
    Impact & ResultsAccountability & FinanceCulture & CommunityLeadership & Adaptability

     

    Accountability & Finance

     

    Score

    78

    Most Recent Fiscal Year:
    FY 2022

    This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

    Learn more

     

    Key Accountability Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Majority Independent Board Members - 77% independent members8 out of 8 points  
    Independent Board Size - 7 independent members7 out of 7 points  
    Financial Statements - Audit and Oversight Committee15 out of 15 points  
    Material Diversion of Assets - None10 out of 10 points  

    Tax Form Disclosures and Policies

    Full Credit
      
    Partial Credit
      
    No Credit
    Website Listed on Tax Form - Listed2 out of 2 points  
    Conflict of Interest Policy - Listed4 out of 4 points  
    Whistleblower Policy - Missing0 out of 4 points  
    Document Retention and Destruction - Missing0 out of 4 points  
    Documents Board Meeting Minutes - Yes2 out of 2 points  

    Website Disclosures

    Full Credit
      
    Partial Credit
      
    No Credit
    Tax Form Posted on Nonprofit's Website - Missing0 out of 4 points  

    Financial Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Liabilities to Assets: Ratio - 0.10%15 out of 15 points  
    Program Expense: Ratio - 61.76%15 out of 25 points  

    Additional Information

    Total Revenue and Expenses - Data Available  
    Salary of Key Persons - Data Available  
    IRS Published Data (Business Master File) - Data Available  
    Data Sources (IRS Forms 990) - Data Available  

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