Catholic Foundation Of Maine
Catholic Foundation Of Maine
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About this organization
Mission
To provide opportunities to financially support parishes, churches, schools, organizations, and ministries in keeping with our purpose now and in the future, through gifts to endowments.
About
The Catholic Foundation of Maine maintains and administers endowments for the benefit of parishes, clergy, students, education, ministries, and organizations. New ministry program endowment funds during the filing period include the Brother Irenee Richard, OP, Endowment for St. Martin de Porres and St. Catherine of Siena Residences. New school related endowments include the St. Michael ExCEL Endowment. New church and parish endowment funds include St. Paul the Apostle Parish (Bangor), Star of the Sea (York)-Kittery, and Our Lady of Hope Parish (Portland).
Interesting data from their 2019 990 filing
According to the filing, the non-profit's mission is “The mission of the catholic foundation of maine is to provide opportunities to financially support the vitality of parishes and other catholic organizations, institutions, and ministries within the state of maine now and in the future.”.
When referring to its actions, they were described as: “To provide opportunities for people to charitably invest in catholic entities in maine.”.
- According to the law, the state of operation reported by the non-profit is ME.
- As per the filing, the address of the non-profit for 2019 is PO Box 799, Portland, ME, 04104.
- According to their form, the non-profit as of 2019 has a total of 0 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is -$594,461.
- The organization has 14 independent voting members.
- The organization was formed in 2003.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $164,194 in fundraising expenses.