Religion : Religious Activities

Independent Catholic Foundation for the Diocese of Altoona-Johnstown

A gift to a permanent endowment for a parish, school, scholarship or ministry is a gift forever

four stars

96.73

3618 Fifth Avenue Suite One
Altoona, PA 16602
tel: (814) 201-2080   Web Site
EIN: 25-1625390

Board Leadership
Joseph Keller
President

CEO
Bill Hiergeist
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 96.73 four stars
  Financial 95.38 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The Independent Catholic Foundation for the Diocese of Altoona-Johnstown, incorporated in 1990, is an independent entity - legally separate from the Diocese of Altoona-Johnstown - committed to the long-term strength and viability of Catholic institutions within the eight-county diocese. Among its overall goals and objectives, the Independent Catholic Foundation is to: provide a source through which donors can make living and testamentary gifts to benefit their charitable objectives and sustain the works of parishes, schools, agencies, ministries and outreach programs of the diocese and other Catholic entities supported by its donors; serve as a depository for charitable funds; invest according to a prudent policy that closely balances risk versus reward with safety and provides an adequate mix of investments.

The Independent Catholic Foundation for the Diocese of Altoona-Johnstown, incorporated in 1990, is an independent entity - legally separate from the Diocese of Altoona-Johnstown - committed to the long-term strength and viability of Catholic institutions within the eight-county diocese. Among its overall goals and objectives, the Independent Catholic Foundation is to: provide a source through which donors can make living and testamentary gifts to benefit their charitable objectives and sustain the works of parishes, schools, agencies, ministries and outreach programs of the diocese and other Catholic entities supported by its donors; serve as a depository for charitable funds; invest according to a prudent policy that closely balances risk versus reward with safety and provides an adequate mix of investments.

Impact Information

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This impact information is current as of January 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

95.38

Accountability & Transparency

four stars

100.00

This rating was published 07/01/2019 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)
77.6%
  Administrative Expenses 18.1%
  Fundraising Expenses 4.1%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 9.43
  Program Expenses Growth 12.3%
  Liabilities to Assets 3.4%
All data for Financial Performance Metrics calculations was provided by Independent Catholic Foundation for the Diocese of Altoona-Johnstown on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Independent Catholic Foundation for the Diocese of Altoona-Johnstown on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,581,895
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,581,895
   Program Service Revenue $0
Total Primary Revenue $1,581,895
   Other Revenue $2,537,548
TOTAL REVENUE $4,119,443
   
EXPENSES  
   Program Expenses $1,043,897
   Administrative Expenses $217,764
   Fundraising Expenses $84,772
TOTAL FUNCTIONAL EXPENSES $1,346,433
   
Payments to Affiliates $0
Excess (or Deficit) for the year $2,773,010
   
Net Assets $30,209,667

Charts

Compensation % of Expenses Paid to Title
$89,263 6.62% B. Hiergeist Executive Director

Mission

The Independent Catholic Foundation for the Diocese of Altoona-Johnstown, incorporated in 1990, is an independent entity - legally separate from the Diocese of Altoona-Johnstown - committed to the long-term strength and viability of Catholic institutions within the eight-county diocese. Among its overall goals and objectives, the Independent Catholic Foundation is to: provide a source through which donors can make living and testamentary gifts to benefit their charitable objectives and sustain the works of parishes, schools, agencies, ministries and outreach programs of the diocese and other Catholic entities supported by its donors; serve as a depository for charitable funds; invest according to a prudent policy that closely balances risk versus reward with safety and provides an adequate mix of investments.

Highly Rated

Charity Name & State Overall Score Overall Rating
Independent Catholic Foundation for the Diocese of Altoona-Johnstown (PA) 96.73 four stars
YouthFront (KS) 88.56 three stars
The Presidential Prayer Team (AZ) 90.61 four stars
Mission Arlington/Mission Metroplex (TX) 95.88 four stars
Man in the Mirror (FL) 87.62 three stars

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Charity Contact Info

Independent Catholic Foundation for the Diocese of Altoona-Johnstown
3618 Fifth Avenue
Suite One
Altoona, PA 16602
tel: (814) 201-2080
fax: (814) 201-2092
EIN: 25-1625390

Visit Web Site

Board Leadership

Joseph Keller
President

CEO

Bill Hiergeist
Executive Director