Public Charity

MATER ECCLESIAE FUND FOR VOCATIONS INC

MATER ECCLESIAE FUND FOR VOCATIONS INC, of WEST CHESTER, PA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.3M in revenue, $817K in expenses, $1.9M in total assets. 21 publicly reported grants to this organization, totaling roughly $1.7M, appear in IRS filings.

EIN: 510612966 WEST CHESTER, PA Latest filing: 2024
Total Revenue$1.3M
Total Expenses$817K
Total Assets$1.9M
Grant Records21
Funding Total$1.7M
Filing Years2020–2024

Mission

THE MISSION OF THE MATER ECCLESIAE FUND FOR VOCATIONS(THE FUND) IS TO INCREASE THE NUMBER OF MEN AND WOMEN IN CATHOLIC RELIGIOUS LIFE BY AWARDING GRANTS TO INDIVIDUALS WHO HAVE VOCATIONS TO THE CATHOLIC RELIGIOUS LIFE, BUT WHO ARE PREVENTED FROM BEGINNING OR CONTINUING THEIR FORMATION BY THEIR PRE-EXISTING STUDENT LOANS.

Sample Grants Received

2024
For grant recipient's exempt purposes
$303,965
2024
RELIGION RELATED
$85,300
2024
UNRESTRICTED GENERAL SUPPORT
$20,000
2023
For grant recipient's exempt purposes
$91,145

Showing up to 5 of 21 total records — full history available with membership.

Officers & Directors

President Anne Folan
Secretary Becky Topp
Treasurer Dennis Mcgonigle
Executive Dir. Mary Radford
Director Rachel Mcgonigle
Director Sr Ann Dominic Mahowald

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$1,124,025 8 grants
RELIGION RELATED
$335,760 6 grants
FOR RECIPIENT'S EXEMPT PURPOSE
$134,500 3 grants
For recipient's exempt purpose
$100,000 1 grant
UNRESTRICTED GENERAL SUPPORT
$25,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.3M $817K $1.9M
2023 $1.0M $688K $1.4M
2022 $861K $542K $1.0M
2021 $872K $590K $723K
2020 $707K $551K $428K

Between 2020 and 2024, reported annual revenue grew from $707K to $1.3M (+87%), with total assets most recently reported at $1.9M.

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

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