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

GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Platinum Seal of Transparency for voluntarily and publicly sharing information about how they measure their progress and results.  Learn More about Impact Information.
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.
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

Charts

Compensation % of Expenses Paid to Title Compensation from Affiliates
Not compensated -- Robert Heuermann Executive Director $94,750

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Catholic United Financial Foundation (MN) 87.27 three stars
Woodlawn Foundation (NY) 95.65 four stars
FJC (NY) 93.71 four stars
InFaith Community Foundation (MN) 93.73 four stars
Barnabas Foundation (IL) 91.36 four stars

Compare These Charities (Highly Rated)

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