Catholic Foundation in the Archdiocese of Dubuque

Cedar Rapids, IA   |  http://OurCFAD.org

Mission

To multiply charitable resources for maximum benefit to our Catholic community

Ruling year info

2012

Executive Director

Michele Brock

Main address

120 5th St. NW

Cedar Rapids, IA 52405 USA

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Formerly known as

Catholic Foundation for the Archdiocese of Dubuque

EIN

45-1740219

NTEE code info

Roman Catholic (X22)

Public Foundations (T30)

IRS filing requirement

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

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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The nearly 200,000 Catholics in the 30 northeast Iowa counties connect with their 165 parishes, 47 Catholic schools and/or numerous ministries, giving through weekly offertory and annually to help with day-to-day operations. These organizations serve spiritual and corporal needs of Catholics and non-Catholics. We work with donors and organizations to help meet both spiritual and basic human needs in a manner that reflects Catholic values through charitable planning, investing and grantmaking to sustain a vibrant Catholic faith and ministries in our area.

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?

Investing

CFAD receives and manages assets via Catholic socially responsible investing to provide perpetual funding for the parishes, schools and ministries within the 30-county Archdiocese of Dubuque. The Foundation’s Board of Directors is comprised of Church, business and civic leaders who represent various regions of the archdiocese. The executive director leads the efforts of managing the day-to-day operations and stewarding the investment of assets, grants and endowment distributions.

Population(s) Served
Adults

We work with individuals who have an interest in the many benefits of legacy gifts and/or creating more focus to their philanthropy, particularly those who want to help sustain Catholic organizations. We help Catholic organizations within the 30-county Archdiocese of Dubuque to develop their planned giving programs.

Population(s) Served

We facilitate both discretionary and non-discretionary grants for operations, capacity building, tuition assistance and other areas of Catholic organizations, primarily for those in the 30 counties in the Archdiocese of Dubuque.

Population(s) Served
Adults
Adults

Where we work

Our results

SOURCE: Self-reported by organization

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

Total dollar amount of grants awarded

This metric is no longer tracked.
Totals By Year
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
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
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of groups/individuals benefiting from tools/resources/education materials provided

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Organizational clients formally using the planned giving toolkit.

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.

To inspire faith-filled charitable planned giving and manage assets in Catholic responsible investing to grow endowments in order to grant perpetual funding to Catholic schools, parishes and ministries for them to continue to care for the spiritual and corporal needs of those they serve.

We will continue to enhance our investments in Catholic responsible investing, reflecting our Catholic values and following institutional funds investment best-practices, adhering to laws related to institutional investing, managing funds professionally and providing regular reports to our donors and clients.

We will grow our endowments by 1) engaging donors on their personal or family legacy through planned gifts, helping them benefit a Catholic organization in perpetuity while embodying Catholic values, 2) partnering with Catholic organizations on establishing or growing their endowments and increasing their planned giving programs and 3) working collaboratively with donors' advisers so that they may help their donors achieve their goals/wishes.

We will continue to enhance our regular grants to Catholic organizations to help them care for the spiritual and corporal needs of those they serve.

CFAD is an independent public foundation separate from the Archdiocese of Dubuque overseen by a 13-memer board of directors.

The investment portfolio of CFAD shall be managed to maximize return over the long term in a manner that is consistent with the liquidity needs, spending rates, asset/liability management strategies, safety of principal of the individual funds and Catholic responsible investment screens. We regularly review our investments, looking to refine our portfolio to adhere to United States Conference of Catholic Bishops (USCCB) guidelines while providing sound financial returns. Accordingly, the investment manager shall, wherever possible, apply investment screens to the foundation’s separately managed account portfolios in accordance with the Socially Responsible Investment Guidelines of the USCCB.

Planned giving takes relationship building, marketing and educating. CFAD helps with marketing and educating and works with Catholic organizations to build on the relationships they have. CFAD offers a staged approach to help Catholic organizations with planned giving, consulting at each stage to various degrees as needed. From goal setting to planning to outreach, CFAD's staff provides the resources needed to help both Catholic organizations and donors understand the importance of legacy planning and the fulfillment it offers.

CFAD collaboratively works with the Catholic organizations it serves, formally and informally discussing their current and future needs and how our grant process could better serve them. CFAD has added staff to help research and develop this area.

Our review of Catholic responsible investment screens, working with fund managers through our investment consultant, is ongoing.

Our planned giving consultation services to organizations began in 2020 and in two years has grown to include 15 organizations. We continue to grow our services for individual donors in helping them discern their most joyful gift.

Grant Dollars Distributed
FY 16-17 $1,004,907
FY 17-18 $2,632,105
FY 18-19 $2,754,918
FY 19-20 $2,790,604

Number of Grants Distributed
FY 16-17 98
FY 17-18 126
FY 18-19 129
FY 19-20 137

Dollars of Assets*
FY 16-17 $44,527,406
FY 17-18 $86,960,638
FY 18-19 $101,185,338
FY 19-20 $105,423,795

Number of Funds *
FY 16-17 131
FY 17-18 167
FY 18-19 180
FY 19-20 196

*Includes agency trust accounts

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 shared information about our current feedback practices.
  • Who are the people you serve with your mission?

    We serve: -individuals who desire to see Catholic values reflected in their giving; -Catholic parishes, schools, social services, cemeteries and other Catholic organizations in the 30 NE counties of IA; -professional advisers who serve the first two groups Through serving these groups, we are able to help their missions and impact on the people they serve.

  • How is your organization collecting feedback from the people you serve?

    Electronic surveys (by email, tablet, etc.), Paper surveys, Focus groups or interviews (by phone or in person),

  • 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 strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals,

  • What significant change resulted from feedback?

    Through one of our client focus groups, it was suggested that we provide more regular reporting on one of our services in a layperson friendly manner. We adapted our data-heavy reports to some core statistics and updates and began offering it quarterly.

  • With whom is the organization sharing feedback?

    The people we serve, Our staff, Our board, Our funders, Our community partners,

  • How has asking for feedback from the people you serve changed your relationship?

    This has been a common practice for our organization from the start, so it is difficult to say how it has changed our relationship with them when it was something we valued already.

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

    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 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?

    We don't have any major challenges to collecting feedback,

Financials

Catholic Foundation in the Archdiocese of Dubuque
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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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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

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Catholic Foundation in the Archdiocese of Dubuque

Board of directors
as of 1/18/2022
SOURCE: Self-reported by organization
Board chair

Brian McConnell

Organizational demographics

SOURCE: Self-reported; last updated 12/20/2021

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data