NATIONAL FUND FOR CATHOLIC RELIGIOUS VOCATIONS

aka Vocation Fund   |   Chicago, IL   |  https://www.vocationfund.org/

Mission

The National Fund for Catholic Religious Vocations (NFCRV) serves as a sign of hope in the future of consecrated life and is dedicated to increasing the number of women and men entering religious communities by eradicating the obstacle of educational debt to religious vocations.

Ruling year info

1946

Executive Director

Mr. Phil Loftus

Main address

5416 South Cornell Avenue

Chicago, IL 60615-5664 USA

Show more contact info

EIN

47-1135935

NTEE code info

Roman Catholic (X22)

University or Technological (B43)

IRS filing requirement

This organization is not required to file an annual return with the IRS because it is a religious organization.

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Men and women with educational debt have had to defer their entrance into religious life until their student loans are paid off as religious institutes require candidates to be debt free in order to freely take a vow of poverty. Most religious institutes cannot afford to absorb the educational debt of candidates to religious life.

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?

Grants in support of increasing religious vocations

Grants to religious orders who have viable candidates to religious life (religious priests, brothers or sisters) with educational debt.

Population(s) Served
Adults
Christians

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 number of grants awarded

This metric is no longer tracked.
Totals By Year
Related Program

Grants in support of increasing religious vocations

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Grants awarded to religious communities allowed them to accept candidates to religious life with student loans. Each grant reflects progress toward our goal of eradicating this obstacle to vocations.

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.

Our goal is to alleviate the obstacle of educational debt to Catholic religious vocations. Based on a 2012 NRVC/CARA Study, at least 1,000 vocations have been lost in a decade due to educational debt.

We provide grants to qualified religious communities who have candidates with educational debt. The institutions we support are in the vanguard of supporting sustaining goals in education, equality, environment, social justice, healthcare, and social services to the most vulnerable among us.

The National Fund for Catholic Religious Vocations (NRVCR) was established by the National Religious Vocation Conference, a member organization of vocation directors of religious institutes, with help from Conrad N. Hilton Foundation and GHR Foundation. The NFCRV provides grants to NRVC members who have completed applications to show their financial need and the seriousness of the candidate with educational debt.

We have awarded $870,000 in grants since our inception. More than 30 religious communities have been able to accept new members and continue the vital ministries they provide in the areas of education, healthcare, parish ministry, peace and justice advocacy, immigration reform, human development, and sustainable living and environmental protection. The communities awarded NFCRV grants have members serving in more than 200 countries; they support 120 healthcare facilities, and educate more than 2 million children annually.

The NFCRV receives support from the National Council of Catholic Women 's Vocation Purse annually in addition to the initial grants received to form the NFCRV. We continue to seek major donors and increase public awareness of the impact of educational debt on Catholic religious vocations.

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?

    Religious communities. They are required to provide annual updates and invited to provide feedback on the ways the organization can serve them better.

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

    Electronic surveys (by email, tablet, etc.),

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

    To identify bright spots and enhance positive service experiences, 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?

    We updated our donation form.

  • With whom is the organization sharing feedback?

    The people we serve, Our staff, Our board,

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

    We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, 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?

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

Financials

NATIONAL FUND FOR CATHOLIC RELIGIOUS VOCATIONS
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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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NATIONAL FUND FOR CATHOLIC RELIGIOUS VOCATIONS

Board of directors
as of 02/22/2022
SOURCE: Self-reported by organization
Board chair

Fr. Anthony Vinson, O.S.B.

Benedictine Monks of Saint Meinrad Abbey

Term: 2019 - 2024

Cardinal Sean O'Malley, O.F.M.Cap.

Honoray Chair and Archdiocese of Boston

Sr. Michele Fisher, C.F.S.N.

Vice-Chair and Sisters of the Holy Family of Nazareth

Mr. William Booth

Board Secretary/Treasurer and Major Gifts Officer (retired), Archdiocese of Chicago

Br. Ronald Hingle, S.C.

Board Member and Provincial of the Brothers of the Sacred Heart, Province of the United States

Len Uhal

Board Member, Member of NRVC, and Vocation Director for the Divine Word Missionaries

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 1/13/2022

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
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person with a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 01/13/2022

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 disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.