PLATINUM2023

Catholic Foundation of Michigan

Igniting Hearts: Invest. Serve. Grow.

aka Catholic Foundation Michigan   |   Bloomfield Hills, MI   |  www.catholicfoundationmichigan.org

Mission

The Catholic Foundation of Michigan inspires charitable giving and assists donors in providing for the long-term needs of the Catholic parishes, schools, ministries, and nonprofit organizations of southeast Michigan. The Catholic Foundation's mission is to connect donors to local needs by aligning donor generosity with the areas of greatest need in the community and supporting local ministries by offering professional stewardship to maximize the dynamic impact of legacy giving.

Ruling year info

2017

President and CEO

Angela Moloney CAP

Main address

1145 W Long Lake Road Suite 201

Bloomfield Hills, MI 48302 USA

Show more contact info

EIN

81-4107324

NTEE code info

Philanthropy / Charity / Voluntarism Promotion (General) (T50)

Roman Catholic (X22)

Nonprofit Management (S50)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2022, 2021 and 2020.
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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The goal of the Catholic Foundation of Michigan is to serve at the center of Catholic philanthropy in southeast Michigan. At the Catholic Foundation of Michigan we: Support our community. When we work together, we provide funding to support our local parishes, schools, and ministries in perpetuity, allowing their staff to focus on what really matters—Christ-centered service to others. Invest responsibly. The Catholic Foundation is dedicated to the highest levels of transparency and professionalism. We maximize the impact of every fund, while always following socially responsible Catholic investment policies. Share the joy of philanthropy. All people should experience he joy of charitable giving. The Catholic Foundation makes it easy for you to connect with the greatest needs and make your dollar count.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Grant Making

Annually, the Catholic Foundation offers a competitive granting process that makes awards from our field of interest granting funds. The awarded grants are given to Catholic and non-Catholic projects that build on the communities’ assets through best practices and innovation, like those who foster collaboration of multiple partners and expand education; to service or outreach aligned with Catholic values, amongst other qualifications.

Anyone can support these funds to benefit their communities today and for future generations.

Learn more: https://catholicfoundationmichigan.org/grants/

Population(s) Served
Adults
Families
Children and youth
Economically disadvantaged people
Christians

Individuals, families, groups or nonprofits (parish, school, or ministry) organizations can establish a permanent or temporary fund to benefit a beloved ministry or nonprofit.

Types of funds include permanent endowments, donor advised funds, granting funds, donor designated funds, tuition assistance and scholarship funds, and memorial funds.

The Catholic Foundation provides charitable tools that are:
- Tax Efficient: Avoid capital gains taxes on long-term, highly appreciated assets
- Custom to a donor's passions: Designate to the charitable organization of your choice, or leave your contribution unrestricted to serve the greatest need
- Local Expertise: The Foundation prudently manages the fund and distributes income
- In Line with Catholic Values: Invested in accordance with the United States Conference of Catholic Bishops guidelines for socially Responsible Investments

Learn more: https://catholicfoundationmichigan.org/giving/create-a-fund/

Population(s) Served
Families
Christians
Economically disadvantaged people
Children and youth
Adults

The Catholic Foundation manages competitive scholarship funds to support promising, qualified students by assisting them with the costs of their education. Through the generous support of donors, these funds change children’s lives and help them benefit from a Catholic school education to which they otherwise would not have access.

In the past three years, the Catholic Foundation awarded nearly $750K to 300 deserving students from nearly 41 schools across Metro Detroit.

-Inspired by the life of St. Martin de Porres, the St. Martin de Porres scholarship fund was created to provide scholarship grants to K-8 students demonstrating financial need and involved and interested in Latin American communities.
-The St. Anne Scholars Scholarship Fund is open to any student whose family demonstrates financial need and a desire to attend a K-8 school within the Archdiocese of Detroit.
-and more!

More information can be found by visiting CatholicFoundationMichigan.org/Scholarships/Apply.

Population(s) Served
Children and youth
People of Latin American descent
Christians
At-risk youth
Economically disadvantaged people

Where we work

Affiliations & memberships

Michigan Council on Foundations 2022

Consortium of Catholic Foundations 2023

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of donor-advised funds

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of endowments

This metric is no longer tracked.
Totals By Year
Population(s) Served

Christians, Adults, Children and youth, Academics, Families

Related Program

Planned Giving Programs

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Total number of grants awarded

This metric is no longer tracked.
Totals By Year
Population(s) Served

Victims and oppressed people, Immigrants and migrants, Economically disadvantaged people, Teachers, Students

Related Program

Grant Making

Type of Metric

Context - describing the issue we work on

Direction of Success

Increasing

Total dollar amount of grants awarded

This metric is no longer tracked.
Totals By Year
Population(s) Served

Families, Religious groups

Related Program

Grant Making

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Annual Granting Funds

Number of donors served

This metric is no longer tracked.
Totals By Year
Population(s) Served

Families, Religious groups, Activists, Retired people

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The Catholic Foundation of Michigan is building the framework to support a thriving Catholic community in southeast Michigan long into the future. By inspiring faith-filled charitable giving and managing assets to provide perpetual funding to Catholic schools, parishes, and ministries, we work in partnership with generous donors to make a lasting and meaningful impact with their gifts.

The Catholic Foundation's mission is to connect donors to local needs by aligning donor generosity with the areas of greatest need in the community and supporting local ministries by offering professional stewardship to maximize the dynamic impact of legacy giving. Strategic planned giving and charitable tools with support provided by the Catholic Foundation will help donors and local ministries make a meaningful impact in our communities both today and forever.

Uniquely Catholic.
We understand the values of our faith based donors. When you work with the Catholic Foundation, trust that your gifts and funds will always be stewarded in accordance with Gospel values and the socially responsible investment guidelines set forth by the United State Conference of Catholic Bishops. Donors have assurance that their gift directly supports the organizations that they choose.


Independently run.
Endorsed by the Archdiocese of Detroit, with its own independent governing Board of Trustees, the Catholic Foundation is a lay-run nonprofit dedicated to serving the community and supporting the outreach of our Church.


Solid and professional.
Socially responsible investing provides positive results while allowing your values to take the lead. Working with the investment team at Merrill Lynch, the Catholic Foundation provides the highest level of due diligence and transparency while maximizing the impact of every fund.

As an independent 501(c)(3) public charity, the Catholic Foundation is legally separate from the Archdiocese of Detroit. Our active and engaged Board of Trustees, comprised of Catholic lay men and women, provides oversight to the Foundation's knowledgeable and dedicated staff.

Every aspect of our mission supports Catholic values. Socially responsible investing provides positive results while allowing your values to take the lead. Working with the investment team at Merrill Lynch, the Catholic Foundation provides the highest level of due diligence and transparency while maximizing the impact of every fund.

Our online donor portal allows for efficient distributions benefiting organizations and providing donors online access to their giving histories for tax purposes.

In 2021 the Catholic Foundation continues to grow our impact. At the end of 2021, our progress included:
- Assets under management grew to roughly $30M
- 369 Organizations empowered by grants
- Distributed $8.5M since inception.

---
In 2020 our Catholic values called us to be generously empathetic, confidently transparent and faithfully inspired. Together as one community of faith, the Catholic Foundation of Michigan:
- Increased giving by 102%, helping our neighbors in need and strengthening parishes, schools, and nonprofits with mission-critical funds
- Established twenty-seven new funds, for a total of 106
- Had a 580% increase in donors
- Distributed over $2.4M
- Grew to $18.7M in total assets by year-end.

---
In 2019, the Catholic Foundation:
- Distributed 227 grants totaling over 1.2 million dollars
- Doubled our Assets
- Increased our financial support to the community through grants
- Hosted 3-5 workshops to train the local community in areas of philanthropy

In 2018, the Catholic Foundation:
- Distributed roughly 175 grants totaling nearly 1 million dollars in
- Hosted professional advisor workshops
- Trained nonprofits in grant writing, thus increasing their confidence and competency for grant writing
- As of December 2018, 54 funds were established with roughly $7 million in assets under management.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback

  • What challenges does the organization face when collecting feedback?

    The people we serve tell us they find data collection burdensome, It is difficult to find the ongoing funding to support feedback collection

Financials

Catholic Foundation of Michigan
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Catholic Foundation of Michigan

Board of directors
as of 06/09/2023
SOURCE: Self-reported by organization
Board chair

Patrick Fehring

Retired

Term: 2016 - 2022

Chris Allen

Authority Health

Gregory DeMars

Honigman, Miller, Schwartz and Cohn LLP

Brian Demkowicz

Huron Capital

Robert J. Diehl Jr.

Bodman PLC

Thomas Fabbri

Aaro Companies

Matthew Farrell

Core Partners

Gregory Fisher

John Hale

Corporate Travel Service

Donald Kunz

Honigman, Miller & Schwartz

Gene LoVasco

LoVasco Group

Michael J. Madison

Deroy & Devereaux

Kathleen McCann

United Road Services, Inc.

Frank Migliazzo

Merrill Lynch

Anthony Schena

Shena Roofing & Sheetmetal Co. Inc.

Andrew Schmina

AZ Shmina

Thomas Scholler

Archdiocese of Detroit

Michael Vlasic

NBT Investments

Stefan Wanczyk

Utica Enterprises

Daniel Weingartz

Weingartz

Harry Cendrowski

endrowski Corporate Advisors

Rosanne (Bommarito) Brugnoni

Angela Moloney

Catholic Foundation of Michigan

Maria Scott

Nicole Franzen Kuklewski

Scott Benett

Aaron Wilkerson

Cathy McNamara

BDO USA

Stephanie Quesnelle

Data Driven Detroit

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 6/9/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 05/22/2023

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.