2024-12-06T17:35:40-06:00 2024-06-30 042536173 LIVINGSTON & HAYNES PC 40 GROVE STREET WELLESLEY MA 024827711 990 2023-07-01 042104895 FOUNDATION TO ADVANCE CATHOLIC EDUCATION INC FOUN 5086751311 450 HIGHLAND AVENUE FALL RIVER MA 02720 REV EDGAR M DA CUNHA PRESIDENT & TREASURER 5086751311 2024-12-06 1 0 MARIA BUNKER P00652618 7812373339 2024-12-04 2023 2024-10-15 13:58:12Z REV EDGAR M DA CUNHA 450 HIGHLAND AVENUE FALL RIVER MA 02720 4425426 0 X WWW.FACE-DFR.ORG X 1894 MA TO PROVIDE NEED-BASED SCHOLARSHIPS TO STUDENTS IN SCHOOLS IN THE FALL RIVER DIOCESE 14 14 0 50 0 0 1364193 945869 0 0 -15930 306836 159882 30951 1508145 1283656 1271186 1388513 0 0 0 0 28124 31250 36302 258010 280493 1557320 1700256 -49175 -416600 7735048 8110022 14299 138566 7720749 7971456 TO ASSURE THAT NO CHILD IS DEPRIVED OF THE OPPORTUNITY TO ATTEND ONE OF THE CATHOLIC SCHOOLS SPONSORED BY THE DIOCESE OF FALL RIVER DUE TO FINANCIAL HARDSHIP BY PROVIDING NEED-BASED SCHOLARSHIPS TO ENROLLED STUDENTS. 0 0 1499253 1388513 FUNDS EXPENDED SO AS TO BENEFIT STUDENTS OF DIOCESE OF FALL RIVER'S PAROCHIAL SCHOOLS. 1499253 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 14 14 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X MOST REV EDGAR M DA CUNHA 5086751311 450 HIGHLAND AVENUE FALL RIVER MA 02720 X MOST REV EDGAR M DA CUNHA PRESIDENT & TREASURER 1.00 0.00 X X 0 0 0 REV GEORGE C BELLENOIT DIRECTOR 1.00 0.00 X 0 0 0 MR GEORGE AGOSTINI DIRECTOR 1.00 0.00 X 0 0 0 MR NICHOLAS M CHRIST DIRECTOR 1.00 0.00 X 0 0 0 MS CLAUDINE A CLOUTIER ESQ DIRECTOR 1.00 0.00 X 0 0 0 MR KEVIN KILEY DIRECTOR 1.00 0.00 X 0 0 0 MR E DENNIS KELLY DIRECTOR 1.00 0.00 X 0 0 0 MR ALBERT J MAKKAY JR DIRECTOR 1.00 0.00 X 0 0 0 MAUREEN CODY DIRECTOR 1.00 0.00 X 0 0 0 PAUL KAWA DIRECTOR 1.00 0.00 X 0 0 0 DANIEL S ROY DIRECTOR 1.00 0.00 X 0 0 0 JANE ROBIN DIRECTOR 1.00 0.00 X 0 0 0 REV DAVID C FREDERICI CLERK 1.00 0.00 X X 0 0 0 EDWIN HURLEY DIRECTOR 1.00 0.00 X 0 0 0 0 0 0 0 0 0 0 0 360340 585529 4300 945869 204168 204168 3149268 3046600 102668 102668 102668 125250 360340 95170 30080 30080 OTHER INCOME 900099 871 871 871 1283656 102668 0 235119 X 1388513 1388513 14777 14777 31250 31250 33873 33873 220788 110740 110048 3267 3267 5577 3792 1785 OTHER MISCELLANEOUS EXP 2211 2211 1700256 1499253 164701 36302 847694 828483 6831399 7250421 55955 31118 7735048 8110022 250 14299 138316 14299 138566 X 3003866 2622835 4716883 5348621 7720749 7971456 7735048 8110022 -416600 667307 0 X X 0 1 X 1 0 X 682597 1281376 1011323 1364193 945869 5285358 682597 1281376 1011323 1364193 945869 5285358 0 0 0 5285358 209910 124774 147351 161191 204168 847394 209910 124774 147351 161191 204168 847394 32557 4 36 871 33468 892507 1438707 1158678 1525420 1150908 6166220 0.85710 0.84590 0.13740 0.14850 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 32,557. 2021 AMOUNT: $ 4. 2022 AMOUNT: $ 36. 2023 AMOUNT: $ 871. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4515551 100 621358 96450 5040559 3847331 416288 417882 165950 4515551 4599738 10212 -628674 133945 3847331 3847898 34373 827547 110080 4599738 3850740 13750 155878 172470 3847898 0.00000 0.91910 0.08090 0 0 0 REFUNDABLE ADVANCES 50816 DUE TO RELATED PARTY 87500 138316 X 2012260 667307 95170 762477 1249783 33873 33873 1283656 1761553 95170 95170 1666383 33873 33873 1700256 PART V, LINE 4: THE EARNINGS OF THE ENDOWMENT ARE TO BE USED TO PROVIDE SCHOLARSHIPS WITHIN THE TERMS DESIGNATED BY THE DONOR. PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE TAX BENEFIT FROM ANY UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE TAX POSITION. ANY TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE RESOLUTION. MANAGEMENT HAS ANALYZED THE ORGANIZATION'S TAX POSITIONS, AND HAS CONCLUDED THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO UNCERTAIN TAX POSITIONS TAKEN ON RETURNS FILED FOR OPEN YEARS (FOR THE YEARS ENDED JUNE 30, 2021 THROUGH JUNE 30,2023) OR EXPECTED TO BE TAKEN IN THE ORGANIZATION'S TAX RETURNS FOR THE YEAR ENDED JUNE 30, 2024. THE ORGANIZATION IDENTIFIES ITS MAJOR TAX JURISDICTIONS AS U.S. FEDERAL AND THE COMMONWEALTH OF MASSACHUSETTS; HOWEVER, THE ORGANIZATION IS NOT AWARE OF ANY TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL CHANGE MATERIALLY IN THE NEXT TWELVE MONTHS. THE ORGANIZATION ALSO FOLLOWS THE POLICY TO RECOGNIZE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS (IF ANY) IN INCOME TAX EXPENSE. NO SUCH INTEREST AND PENALTIES HAVE BEEN RECORDED AS OF JUNE 30, 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUND EXP APPLIED TO GROSS RECEIPTS INCL DONATED AUCT ITEMS OF $4,300 95,170. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUND EXP APPLIED TO GROSS RECEIPTS INCL DONATED AUCT ITEMS OF $4,300 95,170. X X X X X 1 CATHOLIC FOUNDATION OF SOUTHEASTERN MA 450 HIGHLAND AVENUE FALL RIVER MA 02720 COORDINATING SPECIAL EVENTS 0 485590 31250 454340 485590 31250 454340 MA FALL RIVER DINNER 284910 203910 81000 34729 2825 5347 CAPE DINNER 200680 156430 44250 4300 37219 950 9800 0 485590 360340 125250 4300 71948 3775 15147 95170 30080 1 ROMAN CATHOLIC BISHOP OF FALL RIVER 450 HIGHLAND AVENUE FALL RIVER MA 02720 043000709 501(C)(3) 1388513 0 COST FINANCIAL AID 1 PART I, LINE 2: FOR THE FINANCIAL AID/SCHOLARSHIP GRANTS, THE ORGANIZATION DETERMINES THE STUDENTS' ELIGIBILITY PRIOR TO RELEASING THE FINANCIAL AID. SUBSEQUENTLY THE ORGANIZATION INFORMS THE PARTICIPATING ENTITY TO MONITOR THE STUDENTS' ENROLLMENT STATUS AND SATISFACTORY ACADEMIC PROGRESS. FORM 990, PART VI, SECTION A, LINE 2 MOST REVEREND EDGAR M. DA CUNHA, S.D.V., REVEREND DAVID FREDERICI, DANIEL S. ROY, REVEREND GEORGE C. BELLENOIT, KEVIN KILEY, AND JANE ROBIN HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS DISSEMINATED TO THE BOARD MEMBERS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT APPLIES TO OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES AND TO ALL EMPLOYEES WHO CAN INFLUENCE THE ACTIONS OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 18 THE RETURNS ARE AVAILABLE FOR INSPECTION BY THE PUBLIC UPON REQUEST, THROUGH THE GUIDESTAR WEBSITE AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,365. MANAGEMENT AND GENERAL EXPENSES 673. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,038. RELATED PARTY SERVICES: PROGRAM SERVICE EXPENSES 109,375. MANAGEMENT AND GENERAL EXPENSES 109,375. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 218,750. FORM 990, PART XII, LINE 2C: NO CHANGE FROM THE PRIOR YEAR. ROMAN CATHOLIC BISHOP OF FALL RIVER 450 HIGHLAND AVENUE FALL RIVER MA 02720 043000709 RELIGIOUS ORGANIZATION MA 501(C)(3) LINE 1 N/A 0 THE CATHOLIC FOUNDATION OF SOUTHEASTERN MASSACHUSETTS INC 450 HIGHLAND AVENUE FALL RIVER MA 02720 825093066 FUNDRAISING ORGANIZATION MA 501(C)(3) LINE 7 N/A 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 THE CATHOLIC FOUNDATION OF SOUTHEASTERN MASSACHUSETTS INC M 175000 SERVICES PROVIDED ROMAN CATHOLIC BISHOP OF FALL RIVER C 264235 CONTRIBUTION RECEIVED FROM DIOCES ROMAN CATHOLIC BISHOP OF FALL RIVER B 1388513 GRANT GIVEN FOR FINANCIAL ROMAN CATHOLIC BISHOP OF FALL RIVER M 75000 SERVICES PROVIDED ROMAN CATHOLIC BISHOP OF FALL RIVER A 506 INTEREST RECEIVED