2025-11-11T13:37:16-06:00 2024-12-31 992277914 EAG NEW ENGLAND LLC 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2024-01-01 464354011 CATHOLIC INVESTMENT SERVICES INC CATH 6177586588 200 STATE STREET 13TH FLOOR BOSTON MA 021092625 TIMOTHY D'ARCY CURRENT PRESIDENT/CEO 6177586588 2025-11-11 1 0 EUGENE BORGONZI P01269879 6172276161 2025-11-11 2024 2025-03-06 01:10:19Z TIMOTHY D'ARCY 200 STATE STREET 13TH FLOOR BOSTON MA 021092625 2348336 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 36650 46650 1956715 2300310 226495 -9560 -27736 795 2192124 2338195 0 0 0 0 1420982 1362120 0 0 0 771603 771212 2192585 2133332 -461 204863 1142909 1129566 554874 320773 588035 808793 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 1641644 0 2300310 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. 1641644 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 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 0 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/DIRECTOR 40.00 X X 310000 0 31000 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 1.00 X 0 0 0 DAVID TAICLET DIRECTOR 1.00 X 0 0 0 ZELA ASTARJIAN DIRECTOR OF INVESTOR RELATIONS 40.00 X 251395 0 113851 JEREMY TAYLOR DIRECTOR OF INVESTOR RELATIONS 40.00 X 190000 0 19000 DAVID BINNEY VP OF OPERATIONS 40.00 X 148954 0 52920 MICHAEL NAGY DIRECTOR OF INVESTOR RELATIONS 40.00 X 212457 0 70402 1112806 0 287173 5 0 1 0 0 46650 46650 ADVISORY FEES 541900 2300310 2300310 2300310 581 581 10141 -10141 -10141 -10141 OTHER INVESTMENT GAINS 523000 795 795 795 2338195 2300310 0 -8765 216000 151200 64800 948500 851100 97400 90350 81210 9140 36590 35806 784 70680 61263 9417 35009 35009 108865 108865 99299 99299 62941 62941 3648 3648 29202 29202 162671 139689 22982 128664 128664 98142 98142 32 32 36493 31629 4864 LICENSES, PERMITS & FIL 2200 2200 DUES & SUBSCRIPTIONS 1771 1771 PROFESSIONAL TRAINING & 1500 1500 OTHER INVESTMENT DEDUCT 775 775 2133332 1641644 491688 0 684587 751458 157586 196344 85601 90918 3095 3095 32 0 57851 67833 157252 23013 1142909 1129566 398256 297853 156618 22920 554874 320773 X 588035 808793 588035 808793 1142909 1129566 204863 15895 0 X X 0 1 X 1 0 X 260518 129450 45160 36650 46650 518428 260518 129450 45160 36650 46650 518428 121240 397188 739 1077 570 15432 1376 19194 537622 9580731 0.73880 0.46970 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3095 3095 0 0 CATHOLIC ENDOWMENT FUND LP 20356 F CIS CATHOLIC IMPACT FUND LP 11276 F CIS CATHOLIC IMPACT FUND II LP 8364 F CIS DIVERSIFYING STRATEGIES FUND LP 13355 F CIS GLOBAL EQUITY FUND LP 12534 F CIS CATHOLIC VENTURE ACCESS FUND LP 1948 F 67833 OPERATING LEASE LIABILITY 22920 22920 X 2353315 15895 -775 15120 2338195 0 2338195 2132557 0 2132557 775 775 2133332 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT CIS IS A PUBLIC CHARITY AS DESCRIBED IN INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS THEREFORE EXEMPT FROM FEDERAL INCOME TAX. CIS IS ALSO EXEMPT FROM MASSACHUSETTS INCOME TAX UNDER MASSACHUSETTS GENERAL LAW CHAPTER 180 AND EXEMPT FROM ILLINOIS INCOME TAX UNDER 805 ILCS 105 GENERAL NOT FOR PROFIT CORPORATION ACT OF 1986. PART XI, LINE 2D - OTHER ADJUSTMENTS: OTHER INVESTMENT DEDUCTIONS INCLUDED IN REVENUE ON THE FINANCIAL STATEMENTS -775. PART XII, LINE 4B - OTHER ADJUSTMENTS: OTHER INVESTMENT DEDUCTIONS ON K-1 775. X X 0 0 0 0 0 0 0 0 0 ZELA ASTARJIAN DIRECTOR OF INVESTOR RELATIONS 211395 0 40000 0 0 0 96000 0 17851 0 365246 0 40000 0 THOMAS E LANCTOT CEO/PRESIDENT/TREASURER/DIRECTOR 310000 0 0 0 0 0 31000 0 0 0 341000 0 0 0 MICHAEL NAGY DIRECTOR OF INVESTOR RELATIONS 207457 0 5000 0 0 0 32500 0 37902 0 282859 0 5000 0 JEREMY TAYLOR DIRECTOR OF INVESTOR RELATIONS 185000 0 5000 0 0 0 19000 0 0 0 209000 0 5000 0 DAVID BINNEY VP OF OPERATIONS 123954 0 25000 0 0 0 50000 0 2920 0 201874 0 25000 0 SCHEDULE J, PART II LINE 1 - LANCTOT'S DEFERRED COMPENSATION EXPLANATION ON PRIOR YEARS' FORM 990'S, A PORTION OF THOMAS LANCTOT'S DEFERRED COMPENSATION IN COLUMN C WAS AN ACCRUED BONUS OF $125,000 AWARDED AT THE END OF 2021, WHICH REMAINED UNPAID THROUGH 2023. DURING 2024, MANAGEMENT DECIDED THAT THE BONUS WOULD NOT BE PAID AND WROTE IT OFF. 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 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. FORM 990, PART VII AND IX ON PRIOR YEARS' FORM 990'S, A PORTION OF THOMAS LANCTOT'S AMOUNT OF OTHER COMPENSATION REPORTED IN PART VII COLUMN F WAS AN ACCRUED BONUS OF $125,000 AWARDED AT THE END OF 2021, WHICH REMAINED UNPAID THROUGH 2023. DURING 2024, MANAGEMENT DECIDED THAT THE BONUS WOULD NOT BE PAID AND WROTE IT OFF. FOR BOOK PURPOSES, IT WAS WRITTEN OFF AGAINST TOM'S CURRENT YEAR SALARY. THEREFORE, THERE IS A $125,000 DISCREPANCY BETWEEN WAGES AND BENEFITS REPORTED ON PART VII COLUMNS D ($310,000) & F ($31,000) AND PART IX LINE 5 COMPENSATION OF CURRENT OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ($216,000). CATHOLIC ENDOWMENT FUND LP 200 STATE STREET 13TH FLOOR BOSTON MA 02109 611739249 INVESTMENTS DE CATHOLIC INVESTMENT SERVICES INC STATUTORILY EXEMPT 1486 23283 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 43195 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 7544 0 1 0.00020 CIS DIVERSIFYING STRATEGIES FUND LP 200 STATE STREET 13TH FLOOR BOSTON MA 02109 853185435 INVESTMENTS DE CATHOLIC INVESTMENT SERVICES INC STATUTORILY EXEMPT 375 11476 0 1 0.00120 CIS GLOBAL EQUITY FUND LP 200 STATE STREET 13TH FLOOR BOSTON MA 02109 853212450 INVESTMENTS DE CATHOLIC INVESTMENT SERVICES INC STATUTORILY EXEMPT -10650 156399 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 24 1607 0 1 0.00090 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 .002234% IN CATHOLIC ENDOWMENT FUND LP. CATHOLIC INVESTMENT SERVICES, INC. HAS A PERCENT OWNERSHIP OF .007424% IN CIS GLOBAL EQUITY FUND LP.