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.

Where $100 goes at Catholic Financial Life Foundation Inc

How Catholic Financial Life Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
The foundation was formed to provide grants for educational and religious purposes as well as field of interest causes and charities
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

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
ST FRANCIS, WI · 2024
General support
$50,000
STILLWATER, MN · 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

Education
$1,092,043 35 grants
General Support
$177,000 4 grants
International Aid & Development
$175,334 4 grants
Religion & Spirituality
$85,000 2 grants
Mental Health & Substance Abuse
$50,000 1 grant

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.

See the full picture for CATHOLIC FINANCIAL LIFE FOUNDATION INC

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