Local Philanthropic

CATHOLIC FOUNDATION – DIOCESE OF ST. AUGUSTINE
Using data as of: June 2015

Rating: HIGHLY RECOMMEND

About
The Catholic Foundation of the Diocese of St. Augustine provides a permanent endowment fund to meet the religious, charitable and educational needs of Catholics in the diocese. This includes funds for expanding existing parishes, establishing new parishes, expanding or establishing centers for religious education and social service programs, expanding or establishing schools, providing an adequate retirement for priests and women religious in the diocese, providing support for the formation of candidates for the priesthood and programs for youth and young adult ministries.

Additionally, there is a large number of individual endowments created by the parishes and schools under the stewardship of the Foundation. It has generated and returned millions of dollars in income and grants to the parishes, schools and Catholic organizations.

More information on The Catholic Foundation of the Diocese of St. Augustine can be found here:
http://www.dosafl.com/catholic-foundation/

Catholic Foundation Facebook:
https://www.facebook.com/dosacatholics


Our Analysis

The Catholic Foundation brought in $1.5 million in revenue according to their latest report.


Only a little more than half of that revenue came from contributions. Of the $1.5 million in revenue, $724,000 came from donations and, interestingly, $666,000 came from their investments. This is due to their large investment account size, which stands at $26.6 million.


The Catholic Foundation is efficient with their spending, with just over 92% of spending going to their mission. We like to see a charity spend at least 75% on their mission, so 92% is very good. They also had no fundraising expenses.

Spending on mission
959,743 ÷ 1,039,519 = 92.3%


Our Conclusion
The Catholic Foundation of the Diocese of St. Augustine is a well-respected organization that does a lot to help not just the religious community, but the community in general. They spend their money efficiently, earning them a HIGHLY RECOMMEND rating.


Contact:
The Catholic Foundation
11625 Old St. Augustine Road
Jacksonville, FL 32258
(904) 262-3200


Form 990 Financial Information: LINK


Financial information comes from the latest Form 990 filing. This review is the opinion of Local Philanthropic and is provided for general information purposes only. Please conduct your own due diligence before donating to any nonprofit.