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Community Development : Community Foundations

Catholic United Financial Foundation

Unite with us.

three stars

87.27

3499 Lexington Avenue N St. Paul, MN 55126
tel: (651) 490-0170   Web Site
EIN: 41-1893463

Board Leadership
Harald E. Borrmann
President

CEO
Robert Heuermann
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 87.27 three stars
  Financial 100.00 four stars
  Accountability & Transparency 82.00 three stars
This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Catholic United Financial exists as a not-for-profit fraternal benefit society to promote fraternalism and charity among our members through a Local Council system and a representative form of government. We provide our members with life insurance, annuities and other products, services and benefits that will contribute to the financial well-being of our members and their families. We support the Roman Catholic Church in extending the faith, especially by commending and encouraging Catholic schools and religious education. And we strive to be a good employer and contributing member of our community.

Catholic United Financial exists as a not-for-profit fraternal benefit society to promote fraternalism and charity among our members through a Local Council system and a representative form of government. We provide our members with life insurance, annuities and other products, services and benefits that will contribute to the financial well-being of our members and their families. We support the Roman Catholic Church in extending the faith, especially by commending and encouraging Catholic schools and religious education. And we strive to be a good employer and contributing member of our community.

Impact Information

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Reported Results
Total in 2018
Total number of grants awarded
173
This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

100.00

Accountability & Transparency

three stars

82.00

This rating was published 06/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
94.5%
  Administrative Expenses 3.8%
  Fundraising Expenses 1.6%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 14.56
  Program Expenses Growth 19.5%
  Liabilities to Assets 1.1%
All data for Financial Performance Metrics calculations was provided by Catholic United Financial Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Catholic United Financial Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Catholic United Financial Foundation (MN) 87.27 three stars
FJC (NY) 93.71 four stars
InFaith Community Foundation (MN) 93.73 four stars
Barnabas Foundation (IL) 91.36 four stars
The Generosity Trust (TN) 86.02 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,296,972
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $33,996
   Related Organizations $0
   Government Grants $0
Total Contributions $4,330,968
   Program Service Revenue $0
Total Primary Revenue $4,330,968
   Other Revenue $723,181
TOTAL REVENUE $5,054,149
   
EXPENSES  
   Program Expenses $1,899,602
   Administrative Expenses $45,692
   Fundraising Expenses $28,754
TOTAL FUNCTIONAL EXPENSES $1,974,048
   
Payments to Affiliates $0
Excess (or Deficit) for the year $3,080,101
   
Net Assets $23,940,449

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Grant Program $1,899,602 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 06/01/2020 87.27 three stars
2017-12 12/20/2019 87.27 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 41-1893463
Name in IRS Master File CATHOLIC UNITED FINANCIAL FOUNDATION
NTEE Code T12
NTEE Classification Fund Raising and/or Fund Distribution
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 1999
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title Compensation from Affiliates
Not compensated -- Robert Heuermann Executive Director $94,750

Highly Rated

Charity Name & State Overall Score Overall Rating
Catholic United Financial Foundation (MN) 87.27 three stars
FJC (NY) 93.71 four stars
Woodlawn Foundation (NY) 95.65 four stars
Barnabas Foundation (IL) 91.36 four stars
The Generosity Trust (TN) 86.02 three stars

Compare These Charities (Highly Rated)

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Charity Contact Info

Catholic United Financial Foundation
3499 Lexington Avenue N
St. Paul, MN 55126
tel: (651) 490-0170
EIN: 41-1893463

Visit Web Site

Board Leadership

Harald E. Borrmann
President

CEO

Robert Heuermann
Executive Director

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