Public Charity

CATHOLIC FINANCIAL LIFE FOUNDATION INC

CATHOLIC FINANCIAL LIFE FOUNDATION INC, of Milwaukee, WI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $807K in revenue, $500K in expenses, $3.5M in total assets. IRS filings disclose 54 grants awarded by this foundation, totaling roughly $1.8M.

EIN: 204780760 Milwaukee, WI Public Foundations NTEE: T30 Latest filing: 2024
Total Revenue$807K
Total Expenses$500K
Total Assets$3.5M
Grants Given54
Grant Total$1.8M
Filing Years2020–2024

Mission

The Foundation, rooted in the Catholic and fraternal values of stewardship, service, and concern for others, seeks to strengthen individuals, our church, and society by: Providing resources to advance the mission of Catholic parishes and organizations, supporting charitable outreach, educating individuals about philanthropy and planned giving, and providing financial vehicles to accomplish philanthropic objectives.

Sample Grants Given

ST FRANCIS, WI · 2024
Catholic education and general support
$109,333
Catholic Relief Services
HARLAN, IA · 2024
Humanitarian relief
$80,334
MILWAUKEE, WI · 2024
General support
$52,000
STILLWATER, MN · 2024
General support
$50,000
ST FRANCIS, WI · 2024
General support
$50,000

Showing up to 5 of 54 total records — full history available with membership.

Officers & Directors

Treasurer Cynthia E Feld
Director Daniel T Lloyd
President John T Borgen
Secretary Sally A Krochalk
Director Sara J Walker
Chairman of the Board William R O'toole

Officer compensation and complete director data available with membership.

Top Grant Purposes

CATHOLIC EDUCATION
$691,604 25 grants
General support
$152,000 3 grants
Catholic education and general support
$109,333 1 grant
ELEMENTARY CATHOLIC EDUCATION
$100,000 1 grant
Humanitarian relief
$90,334 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $807K $500K $3.5M
2023 $831K $375K $3.2M
2022 $424K $373K $2.5M
2021 $598K $136K $2.8M
2020 $166K $234K $2.4M

Between 2020 and 2024, reported annual revenue grew from $166K to $807K (+386%), with total assets most recently reported at $3.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in IA, IL, MD, MN, TX, WI.

IAILMDMNTXWI

Full geographic grant map with state-by-state breakdown available with membership.

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