2024-11-07T09:47:59-06:00 2023-12-31 992277914 EAG NEW ENGLAND LLC 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2023-01-01 464354011 CATHOLIC INVESTMENT SERVICES INC CATH 6177586588 200 STATE STREET 13TH FLOOR BOSTON MA 021092625 THOMAS LANCTOT PRESIDENT/TREASURER 6177586588 2024-11-07 1 0 EUGENE BORGONZI P01269879 6172276161 2024-11-05 2023 2024-10-15 13:58:12Z X THOMAS LANCTOT 200 STATE STREET 13TH FLOOR BOSTON MA 021092625 2192124 0 X WWW.CATHOLICINVEST.ORG X 2013 DE TO PROMOTE SOCIALLY RESPONSIBLE INVESTMENTS FOR INSTITUTIONS, PROVIDE EDUCATION ABOUT SOCIALLY RESPONSIBLE INVESTING AND SUPPORT EDUCATIONAL PROJECTS; AND SPONSOR, ADMINISTER, AND/OR MANAGE POOLED INVESTMENT FUNDS INVESTED IN ACCORDANCE WITH SOCIALLY RESPONSIBLE INVESTMENT GUIDELINES PUBLISHED BY THE ROMAN CATHOLIC BISHOPS OF THE UNITED STATES. 8 7 6 0 0 0 45160 36650 1940956 1956715 -1172 226495 41 -27736 1984985 2192124 0 0 0 0 1398178 1420982 0 0 0 528510 771603 1926688 2192585 58297 -461 1125933 1142909 381138 554874 744795 588035 X TO PROMOTE SOCIALLY RESPONSIBLE INVESTMENTS IN ACCORDANCE WITH SOCIALLY RESPONSIBLE INVESTMENT GUIDELINES PUBLISHED BY THE ROMAN CATHOLIC BISHOPS OF THE UNITED STATES FOR INSTITUTIONS, PROVIDE EDUCATION ABOUT SOCIALLY RESPONSIBLE INVESTING AND SUPPORT EDUCATIONAL PROJECTS; AND SPONSOR, ADMINISTER, AND/OR MANAGE POOLED INVESTMENT FUNDS INVESTED IN ACCORDANCE WITH SOCIALLY RESPONSIBLE INVESTMENT GUIDELINES PUBLISHED BY THE ROMAN CATHOLIC BISHOPS OF THE UNITED STATES. 0 0 1639508 0 1956715 TO PROMOTE SOCIALLY RESPONSIBLE INVESTMENTS FOR INSTITUTIONS, PROVIDE EDUCATION ABOUT SOCIALLY RESPONSIBLE INVESTING AND SUPPORT EDUCATIONAL PROJECTS; AND SPONSOR, ADMINISTER, AND/OR MANAGE POOLED INVESTMENT FUNDS INVESTED IN ACCORDANCE WITH SOCIALLY RESPONSIBLE INVESTMENT GUIDELINES PUBLISHED BY THE ROMAN CATHOLIC BISHOPS OF THE UNITED STATES. 1639508 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 11 0 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 1 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA IL X CRANEROSENBERGPACIO & CO LLP 9082772350 25 DEFOREST AVENUE SUITE 101 SUMMIT NJ 07901 SCOTT C MALPASS CHAIRMAN/DIRECTOR 1.00 X X 0 0 0 JOHN J BRENNAN SECRETARY/DIRECTOR 1.00 X X 0 0 0 THOMAS E LANCTOT CEO/PRESIDENT/TREASURER/DI 40.00 X X 310000 0 156000 JOAN A PAYDEN DIRECTOR (RETIRED 11/15/23) 1.00 X 0 0 0 PAUL SCHOTT STEVENS DIRECTOR 1.00 X 0 0 0 DIXON DOLL DIRECTOR 1.00 X 0 0 0 PAULITA PIKE DIRECTOR 1.00 X 0 0 0 SISTER IRENE O'NEILL DIRECTOR (APPOINTED 8/21/23) 1.00 X 0 0 0 DAVID TAICLET DIRECTOR (APPOINTED 8/21/23) 1.00 X 0 0 0 ZELA ASTARJIAN DIRECTOR OF INVESTOR RELATIONS 40.00 X 241715 0 83249 JEREMY TAYLOR DIRECTOR OF INVESTOR RELATIONS 40.00 X 200000 0 25000 DAVID BINNEY DIRECTOR OF OPERATIONS 40.00 X 131160 0 40074 MICHAEL NAGY DIRECTOR OF INVESTOR RELATIONS 40.00 X 224513 0 54830 1107388 0 359153 5 0 1 0 0 36650 36650 ADVISORY FEES 541900 1956715 1956715 1956715 15432 15432 211063 0 211063 211063 211063 OTHER INVESTMENT LOSSE 523000 -27736 -27736 -27736 2192124 1956715 0 198759 341000 238700 102300 874500 797373 77127 88700 80808 7892 45060 38588 6472 71722 61421 10301 36620 36620 90306 90306 113471 113471 77427 77427 5064 5064 40282 40282 80507 68944 11563 123330 123330 122190 122190 7805 7805 35880 30727 5153 OTHER INVESTMENT DEDUCT 34510 34510 LICENSES, PERMITS & FIL 2300 2300 DUES & SUBSCRIPTIONS 1456 1456 PROFESSIONAL TRAINING & 450 450 5 5 2192585 1639508 553077 0 815839 684587 15000 158916 157586 80236 85601 3095 3063 386 32 48105 57851 7451 0 157252 1125933 1142909 381138 398256 0 156618 381138 554874 X 729795 588035 15000 0 744795 588035 1125933 1142909 -461 -156299 0 X X 0 1 X 1 0 X 599482 260518 129450 45160 36650 1071260 599482 260518 129450 45160 36650 1071260 559639 511621 270 739 1077 570 15432 18088 1089348 8517066 0.46970 0.45590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3095 3063 32 32 CATHOLIC ENDOWMENT FUND LP 17590 F CIS CATHOLIC IMPACT FUND LP 11246 F CIS CATHOLIC IMPACT FUND II LP 4527 F CIS DIVERSIFYING STRATEGIES FUND LP 11809 F CIS GLOBAL EQUITY FUND LP 10532 F CIS CATHOLIC VENTURE ACCESS FUND LP 2147 F 57851 OPERATING LEASE RIGHT-OF-USE ASSET 157252 157252 OPERATING LEASE LIABILITY 156618 156618 2082315 -156299 81000 -34510 -109809 2192124 0 2192124 2239075 81000 81000 2158075 34510 34510 2192585 PART XI, LINE 2D - OTHER ADJUSTMENTS: OTHER INVESTMENT DEDUCTIONS INCLUDED IN REVENUE ON THE FINANCIAL STATEMENTS -34,510. PART XII, LINE 4B - OTHER ADJUSTMENTS: OTHER INVESTMENT DEDUCTIONS ON K-1 34,510. X X 0 0 0 0 0 0 0 0 0 THOMAS E LANCTOT CEO/PRESIDENT/TREASURER/DI 310000 0 0 0 0 0 156000 0 0 0 466000 0 0 0 ZELA ASTARJIAN DIRECTOR OF INVESTOR RELATIONS 201715 0 40000 0 0 0 65500 0 17749 0 324964 0 40000 0 MICHAEL NAGY DIRECTOR OF INVESTOR RELATIONS 209513 0 15000 0 0 0 28500 0 26330 0 279343 0 15000 0 JEREMY TAYLOR DIRECTOR OF INVESTOR RELATIONS 185000 0 15000 0 0 0 25000 0 0 0 225000 0 15000 0 DAVID BINNEY DIRECTOR OF OPERATIONS 111160 0 20000 0 0 0 38200 0 1874 0 171234 0 20000 0 SCHEDULE J, PART II LINE 1 - LANCTOT'S DEFERRED COMPENSATION EXPLANATION A PORTION OF THOMAS LANCTOT'S DEFERRED COMPENSATION IN COLUMN C IS AN ACCRUED BONUS OF $125,000 AT THE END OF 2021 WHICH WAS NOT PAID IN 2022 OR 2023 AND REMAINS IN COLUMN C. AS OF THE FILING OF THIS RETURN, THIS AMOUNT HAS NOT BEEN SCHEDULED TO BE PAID OUT. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION PAID A FIRM FOR SERVICES OF A CHIEF COMPLIANCE OFFICER FOR PURPOSES OF COMPLIANCE WITH THE SEC AS WELL AS A FIRM TO ACT AS ITS "BACKOFFICE". THE ORGANIZATION ALSO ENTERED INTO AN INVESTMENT ADVISORY AGREEMENT PURSUANT TO WHICH IT WILL OFFER INVESTMENT ADVISORY SERVICES TO THE ORGANIZATION'S FUNDS. FORM 990, PART VI, SECTION A, LINE 4 THE BY-LAWS OF THE ORGANIZATION WERE AMENDED ON MAY 24,2023 RELATED TO ARTICLE VI - TRUSTEES, SECTION 6 TENURE OF TRUSTEES. THE AMENDMENT TO THIS SECTION NOW READS: EACH CHARITABLE MEMBER-ELECTED TRUSTEE SHALL SERVE FOR A TERM OF ONE (1) YEAR ENDING ON THE DATE OF THE ANNUAL MEETING OF THE MEMBERS OF THE CORPORATION (AS DEFINED IN ARTICLE V, SECTION 2 HEREOF) FOLLOWING THE ANNUAL MEETING AT WHICH SUCH CHARITABLE MEMBER-ELECTED TRUSTEE WAS ELECTED; PROVIDED THAT, THE TERM OF EACH CHARITABLE MEMBER-ELECTED TRUSTEE SHALL CONTINUE UNTIL THE ELECTION AND QUALIFICATION OF A SUCCESSOR AND BE SUBJECT TO SUCH CHARITABLE MEMBER-ELECTED TRUSTEE'S EARLIER DEATH, RESIGNATION, INCAPACITY OR REMOVAL. A CHARITABLE MEMBER-ELECTED TRUSTEE WHO ALSO IS ELECTED, PURSUANT TO THE BYLAWS, BY THE FOUNDING TRUSTEES TO SERVE AS THE PRESIDENT, SHALL CONTINUE HIS OR HER TERM AS A CHARITABLE MEMBER-ELECTED TRUSTEE UNTIL HIS OR HER DEATH OR INCAPACITY OR HIS OR HER RESIGNATION OR REMOVAL: (A) AS A CHARITABLE MEMBER-ELECTED TRUSTEE OR (B) AS PRESIDENT. EXCEPT FOR A CHARITABLE MEMBER-ELECTED TRUSTEE WHO SERVES AS PRESIDENT, A CHARITABLE MEMBER-ELECTED TRUSTEE MAY SERVE AS A CHARITABLE MEMBER-ELECTED TRUSTEE FOR A TOTAL OF NINE (9) YEARS. FORM 990, PART VI, SECTION A, LINE 6 THE FOUNDING MEMBERS OF THE ORGANIZATION ARE SCOTT C. MALPASS, JOHN J. BRENNAN AND THOMAS E. LANCTOT. THE CHARITABLE MEMBERS ARE ORGANIZATIONS ORGANIZED AND OPERATED EXCLUSIVELY FOR RELIGIOUS, EDUCATIONAL OR CHARITABLE PURPOSES THAT QUALIFY FOR FEDERAL INCOME TAX EXEMPTION AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. FORM 990, PART VI, SECTION A, LINE 7A BOTH CLASSES OF MEMBERS ELECT DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE FOUNDING MEMBERS OF THE ORGANIZATION HAVE CERTAIN RESERVED POWERS SUCH AS THE POWER TO APPROVE ANY AMENDMENT OR REPEAL OF THE CERTIFICATE OF INCORPORATION OR BYLAWS OF THE ORGANIZATION, TO APPROVE THE MERGER OR CONSOLIDATION OF THE ORGANIZATION, TO APPROVE THE DISSOLUTION OR LIQUIDATION OF THE ORGANIZATION, ETC. THE ROMAN CATHOLIC ARCHBISHOP OF BOSTON, ALTHOUGH NOT A MEMBER OR DIRECTOR OF THE ORGANIZATION, HAS CERTAIN RESERVED POWERS OVER THE ORGANIZATION RELATING TO ITS CATHOLIC IDENTITY AND HAS GRANTED PERMISSION PURSUANT TO CANON 216 OF THE CODE OF CANON LAW FOR THE ORGANIZATION TO USE "CATHOLIC" IN ITS NAME AND FOR ITS ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT OF THE ORGANIZATION AND A PARTNER OF THE FIRM WHO ACTS AS THE ORGANIZATION'S "BACKOFFICE" REVIEW THE DRAFT OF THE FORM 990. AFTER THEIR REVIEW, IT IS REVIEWED BY THE AUDIT COMMITTEE AND THEN THE FULL BOARD. ONCE APPROVED BY ALL OF THE ABOVE PARTIES, THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY REQUIRES DIRECTORS, OFFICERS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWER TO:(A) DISCLOSE THE EXISTENCE OF POSSIBLE CONFLICTS OF INTEREST AND (B) DISCUSS IT WITH DIRECTORS AND COMMITTEE MEMBERS CONSIDERING A PROPOSED TRANSACTION OR ARRANGEMENT INVOLVING THE INTERESTED PERSON. DISINTERESTED DIRECTORS OR COMMITTEE MEMBERS MAKE THE DETERMINATION AS TO WHETHER A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON CAN PRESENT INFORMATION TO THE BOARD OR COMMITTEE CONSIDERING AN ARRANGEMENT INVOLVING AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, BUT HE OR SHE MUST RECUSE HIMSELF OF HERSELF FROM THE VOTE ON THE MATTER AND LEAVE THE ROOM PRIOR TO THE VOTE TO PERMIT THE DISINTERESTED DIRECTORS AND COMMITTEE MEMBERS TO DISCUSS FREELY THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIR OF THE BOARD OF TRUSTEES OF CIS (THE FORMER CIO OF UNIVERSITY OF NOTRE DAME), ALONG WITH ONE OF THE FOUNDING TRUSTEES OF CIS AND THE ADVISOR TO THE CIS BOARD OF DIRECTORS, WHO AS A GROUP HAVE IN EXCESS OF 75 YEARS OF EXPERIENCE IN THE ASSET MANAGEMENT INDUSTRY, COLLABORATED TO STRUCTURE THE CEO'S COMPENSATION PACKAGE. THE INDEPENDENT MEMBERS OF THE BOARD THAT APPROVED THE COMPENSATION ARRANGEMENT DID SO: (A) CONSISTENT WITH CIS'S CONFLICT OF INTEREST POLICY; (B) IN ADVANCE OF PAYING THE COMPENSATION; (C) WITH THE DATE AND TERMS OF THE APPROVED COMPENSATION ARRANGEMENT DOCUMENT IN WRITING; (D) WITH THE DECISION OF THE INDEPENDENT BOARD MEMBERS WHO VOTED ON THE COMPENSATION PACKAGE DOCUMENTED IN WRITING; (E) WITH INFORMATION ABOUT COMPENSATION PAID BY SIMILARLY SITUATED TAXABLE OR TAX-EXEMPT ORGANIZATIONS FOR SIMILAR SERVICES, COMPENSATION SURVEYS COMPILED BY A THIRD PARTY OR ACTUAL WRITTEN OFFERS FROM SIMILARLY SITUATED TAXABLE OR TAX-EXEMPT ORGANIZATIONS; AND (F) WITH INFORMATION ON WHICH THE INDEPENDENT BOARD MEMBERS RELIED AND ITS SOURCE RECORDED IN WRITING. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC EXCEPT AS REQUIRED BY IRS REGULATIONS. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE FINANCIAL STATEMENT REVIEW PROCESS AND SELECTION OF THE INDEPENDENT ACCOUNTANTS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CATHOLIC ENDOWMENT FUND LP 200 STATE STREET 15TH FLOOR BOSTON MA 02109 611739249 INVESTMENTS DE CATHOLIC INVESTMENT SERVICES INC STATUTORILY EXEMPT 4230 21672 0 1 0.00000 CIS CATHOLIC IMPACT FUND LP 200 STATE STREET 13TH FLOOR BOSTON MA 02109 841988131 INVESTMENTS DE CATHOLIC INVESTMENT SERVICES INC STATUTORILY EXEMPT 37959 0 1 0.00040 CIS CATHOLIC IMPACT FUND II LP 200 STATE STREET 13TH FLOOR BOSTON MA 02109 854273760 INVESTMENTS DE CATHOLIC INVESTMENT SERVICES INC STATUTORILY EXEMPT 57 38675 0 1 0.00020 CIS DIVERSIFYING STRATEGIES FUND LP 200 STATE STREET 15TH FLOOR BOSTON MA 02109 853185435 INVESTMENTS DE CATHOLIC INVESTMENT SERVICES INC STATUTORILY EXEMPT 1454 11249 0 1 0.00130 CIS GLOBAL EQUITY FUND LP 200 STATE STREET 15TH FLOOR BOSTON MA 02109 853212450 INVESTMENTS DE CATHOLIC INVESTMENT SERVICES INC STATUTORILY EXEMPT 192937 167135 0 1 CIS CATHOLIC VENTURE ACCESS FUND LP 200 STATE STREET 13TH FLOOR BOSTON MA 02109 921682224 INVESTMENTS DE CATHOLIC INVESTMENT SERVICES INC STATUTORILY EXEMPT -3 1148 0 1 0.00080 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 SCHEDULE R, PART III CATHOLIC INVESTMENT SERVICES, INC. HAS A PERCENT OWNERSHIP OF .002535% IN CATHOLIC ENDOWMENT FUND LP. CATHOLIC INVESTMENT SERVICES, INC. HAS A PERCENT OWNERSHIP OF .007412% IN CIS GLOBAL EQUITY FUND LP.