2025-11-06T08:24:03-06:00 2024-12-31 411360831 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ST PAUL MN 55113 990 2024-01-01 411893463 CATHOLIC UNITED FINANCIAL FOUNDATION CATH 6517654135 3499 LEXINGTON AVENUE NORTH ST PAUL MN 55126 ROBERT HEUERMANN EXECUTIVE DIRECTOR 6517654135 2025-10-28 1 1 RYAN VETTRUS CPA P01243596 6514834521 2024 2025-03-06 01:10:19Z ROBERT HEUERMANN 3499 LEXINGTON AVENUE NORTH ST PAUL MN 55126 7018053 0 X WWW.CATHOLICUNITED.ORG X 1997 MN TO SUPPORT FINANCIALLY THE SPIRITUAL, EDUCATIONAL AND SOCIAL NEEDS OF THE CATHOLIC COMMUNITY WHERE CATHOLIC UNITED FINANCIAL HAS A MAJOR PRESENCE. 10 10 0 57 0 0 8329296 5557317 0 0 752065 1458868 -7660 -13847 9073701 7002338 9934155 7215936 0 0 0 0 0 0 18805 752481 374852 10686636 7590788 -1612935 -588450 42059307 41789670 220244 188329 41839063 41601341 X THE FOUNDATION, INSPIRED BY THE GOSPEL OF JESUS CHRIST, SERVES THE MEMBERS, EMPLOYEES, AND FRIENDS OF CATHOLIC UNITED FINANCIAL, A NOT-FOR-PROFIT FRATERNAL BENEFIT ASSOCIATION, BY:- BEING ACCOUNTABLE TO OUR DONORS AND FAITHFUL TO OUR CHURCH'S MISSION,- SUPPORTING CATHOLIC SCHOOLS AND PARISHES WITH TECHNOLOGY AND CHASTITY EDUCATION GRANTS,- BRINGING A CATHOLIC PRESENCE TO NATURAL DISASTERS THROUGH FINANCIAL SUPPORT,- SUPPLEMENTING THE COST OF EDUCATING AND TRAINING MEN FOR THE PRIESTHOOD. 0 0 7524054 7215936 IN 2024, THE FOUNDATION GRANT PROGRAM PROVIDED 47 GRANTS TO CATHOLIC SCHOOLS AND PARISHES FOR TECHNOLOGY AND CHASTITY & ABSTINENCE PROGRAMS AMOUNTING TO $28.375. SINCE 2001, MORE THAN $1.25 MILLION HAS BEEN AWARDED IN THROUGH MORE THAN 2,322 GRANTS TO CATHOLIC SCHOOLS, PARISHES, AND RELIGIOUS EDUCATION PROGRAMS. THE FOUNDATION'S SCHULER SEMINARIAN FUND PROVIDED 172 SEMINARIANS WITH $75,800 IN SCHOLARSHIP SUPPORT TO AID IN THEIR CONTINUING EDUCATION TOWARDS BECOMING A PRIEST. SINCE 1998, MORE THAN $1.27 MILLION HAS BEEN AWARDED TO SEMINARIANS PURSUING THEIR CALLING TOWARDS ORDINATION. THE FOUNDATION'S CATHOLIC UNITED DISASTER RESPONSE ASSISTS VICTIMS FROM NATURAL DISASTERS. THE DISASTER RESPONSE PROGRAM HAS PROVIDED EDUCATION AND SUPPORT FOR VARIOUS COMMUNITY MEMBERS AND ORGANIZATIONS SO THAT THEY WILL BE ABLE TO ASSIST THEMSELVES AND OTHERS IN NEED FOLLOWING NATURAL DISASTERS. THE DISASTER RELIEF PROGRAM IS TAKING THE PLACE OF THIS RESPONSE ACTIVITIES WHERE WE WILL CONTINUE PROVIDING FINANCIAL SUPPORT TO ALL PEOPLE IN NEED DUE TO NATURAL DISASTERS REGARDLESS OF RACE, CREED AND/OR RELIGION. THE FOUNDATION ALSO PROVIDES CHARITABLE GIFT ANNUITIES, DONOR ADVISED FUNDS, CHARITABLE DEFERRED ANNUITIES, AND CHARITABLE LIFE INSURANCE TO CATHOLIC UNITED FINANCIAL MEMBERS. THE FOUNDATION MATCHES THE MEMBERS' GIVING AND THEIR FINANCES, INTEGRATING GIVING INTO THEIR OVERALL FINANCIAL STRATEGY WHILE ENSURING THEY CAN ACHIEVE THEIR CHARITABLE GOALS THROUGH SOUND, CONSERVATIVE FISCAL MANAGEMENT. THE FOUNDATION ALSO OFFERS ORGANIZATIONAL ADVISED FUNDS TO ASSIST PARISHES AND CEMETERIES WITH THEIR LONG TERM AND ENDOWMENT MANAGEMENT AND INVESTMENT NEEDS. THE PROGRAM GRANTS AND DISTRIBUTIONS FROM THESE EFFORTS PROVIDED ALMOST $7.35 MILLION IN SUPPORT OF CHARITABLE ORGANIZATIONS, CHURCHES AND SCHOOLS ACROSS THE UPPER MIDWEST IN 2024. 7524054 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 29 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 1 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X CATHOLIC UNITED FINANCIAL FOUNDATION 6517654135 3499 LEXINGTON AVENUE NORTH ST PAUL MN 55126 ROBERT HEUERMANN EXECUTIVE DIRECTOR 37.50 X 0 115392 35969 MICHAEL AHLES PRESIDENT 1.00 X X 0 0 0 FR THOMAS THOMPSON SPIRITUAL ADVISOR 1.00 X 0 0 0 HARALD BORRMANN BOARD MEMBER 1.00 X 0 0 0 JEAN HART BOARD MEMBER 1.00 X 0 0 0 WILLIAM LUCAS BOARD MEMBER 1.00 X 0 0 0 MICHAEL MCGOVERN BOARD MEMBER 1.00 X 0 0 0 SUSAN STENZEL BOARD MEMBER 1.00 X 0 0 0 JAMES WENSEL BOARD MEMBER 1.00 X 0 0 0 PAUL ZASTROW BOARD MEMBER 1.00 X 0 0 0 MARK ZEMAN BOARD MEMBER 1.00 X 0 0 0 0 115392 35969 0 0 1 0 0 36161 5521156 216969 5557317 814097 814097 644771 0 644771 644771 644771 1868 36161 15715 -13847 -13847 7002338 0 0 1445021 7137886 7137886 78050 78050 21450 15476 4290 1684 1770 1277 354 139 3525 2543 705 277 3562 2570 712 280 562 406 112 44 ADMINISTRATIVE OVERHEAD 183519 132407 36704 14408 PREMIUMS PAID ON LIFE I 135200 135200 MISCELLANEOUS 15320 11065 3063 1192 EQUIPMENT RENTAL & MAIN 7148 5157 1430 561 2796 2017 559 220 7590788 7524054 47929 18805 1555899 1721319 4205749 5458028 9015274 9273690 27282385 25336633 42059307 41789670 220244 188329 220244 188329 X 2556787 2291041 39282276 39310300 41839063 41601341 42059307 41789670 -588450 350728 0 X X 0 1 X 1 0 X 4231544 5258639 8956849 8329296 5557317 32333645 4231544 5258639 8956849 8329296 5557317 32333645 2580910 29752735 657829 463509 534576 673597 814097 3143608 35477253 103821 0.83860 0.89850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 350 3988334 7215936 36241827 1 1 3353389 218605 213180 101146 3684028 3010989 239970 226153 123723 3353389 3035205 180805 -85737 119283 3010990 2773171 229307 173149 140422 3035205 2426924 260461 124039 38253 2773171 0.00000 0.66749 0.33251 0 0 0 LIFE INSURANCE CONTRACTS 4286821 IMMEDIATE ANNUITIES 443309 DEFERRED ANNUITIES 17370806 FIXED INDEX ANNUITIES 3235697 25336633 GIFT ANNUITIES PAYABLE 188329 188329 X 7368781 350728 350728 7018053 -15715 -15715 7002338 7606503 15715 15715 7590788 0 7590788 PART V, LINE 4: THE INTENDED USE OF THE FOUNDATION'S ENDOWMENT FUNDS IS TO ENSURE FINANCIAL STABILITY BY PROVIDING A STEADY STREAM OF INVESTMENT INCOME WHICH IS AVAILABLE FOR RESTRICTED AND UNRESTRICTED PURPOSES. PART X, LINE 2: ASC 740 DISCLOSURE THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THEREFORE, THE FINANCIAL STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES. THE FOUNDATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE ENTITY IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE FOUNDATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE FOUNDATION HAS IDENTIFIED NO INCOME TAX UNCERTAINTIES. THE FOUNDATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES -15,715. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 15,715. GOLF TOURNAMENT 38029 36161 1868 8219 7496 38029 36161 1868 8219 7496 15715 -13847 1 WI PROVICE OF SOCIETY OF JESUS 3400 WISCONSIN AVE MILWAUKEE WI 53208 501(C)(3) 9455 0 ORGANIZATIONAL SUPPORT UNIVERSITY OF MARY OFFICE OF FINANCIAL AID 7500 UNIVERSITY DR BISMARCK ND 58504 501(C)(3) 30000 0 ORGANIZATIONAL SUPPORT THE CHURCH OF ST MARGARET MARY 2323 ZENITH AVE N GOLDEN VALLEY MN 55422 501(C)(3) 10000 0 ORGANIZATIONAL SUPPORT STOVES FOR GUATEMALA 125 E JAMES ST PAYNESVILLE MN 56362 501(C)(3) 20000 0 ORGANIZATIONAL SUPPORT ST VINCENT DEPAUL CEMETERY 9100 93RD AVENUE NORTH BROOKLYN PARK MN 55445 501(C)(3) 6000 0 PARISH SUPPORT ST VINCENT DE PAUL CATHOLIC CHURCH 820 13TH ST S WISCONSIN RAPIDS WI 54494 501(C)(3) 12000 0 PARISH SUPPORT ST THEODORE CEMETERY ASSOCIATION 308 E FOUNDATION STREET ALBERT LEA MN 56007 501(C)(3) 27000 0 ORGANIZATIONAL SUPPORT ST PETERS FUND 501(C)(3) 95000 0 PARISH SUPPORT ST MICHAEL FOUNDATION PO BOX 213 ST MICHAEL MN 55376 501(C)(3) 103921 0 ORGANIZATIONAL SUPPORT ST MICHAEL CHURCH 412 3RD ST MADISON MN 56256 501(C)(3) 48924 0 ORGANIZATIONAL SUPPORT ST MICHAEL CHURCH 412 3RD ST MADISON MN 56256 501(C)(3) 7485 0 PARISH SUPPORT ST MARY'S SCHOOL 221 4TH ST N BRECKENRIDGE MN 56520 501(C)(3) 77092 0 SCHOOL SUPPOT ST MARY'S EDUCATION FOUNDATION 229 CENTRAL AVENUE LONG PRAIRIE MN 56347 501(C)(3) 14500 0 ORGANIZATIONAL SUPPORT ST MARY'S 267 8TH ST E STE 100 ST PAUL MN 55101 501(C)(3) 10000 0 PARISH SUPPORT ST MARY PRESENTATION FUND 501(C)(3) 1045484 0 PARISH SUPPORT ST MARY OF THE PRESENTATION CHURCH 221 4TH ST N BRECKENRIDGE MN 56520 501(C)(3) 60490 0 ORGANIZATIONAL SUPPORT ST LAWRENCE SEMINARY 301 CHURCH STREET MT CALVARY WI 53057 501(C)(3) 9547 0 ORGANIZATIONAL SUPPORT ST JUDE CHILDREN'S RESEARCH HOSPITAL PO BOX 5030 MEMPHIS TN 38101 501(C)(3) 21375 0 ORGANIZATIONAL SUPPORT ST JOSEPH CEMETERY BOX 192 GOOD THUNDER MN 56037 501(C)(3) 38532 0 PARISH SUPPORT ST JOSEPH CATHOLIC CHURCH 112 EDWARD ST NE RED LAKE FALLS MN 56750 501(C)(3) 15000 0 PARISH SUPPORT ST JOHN NEUMANN CHURCH 4030 PILOT KNOB ROAD EAGAN MN 55122 501(C)(3) 12000 0 PARISH SUPPORT ST JOHN CHURCH-ORTONVILLE 421 MADISON AVENUE ORTONVILLE MN 56278 501(C)(3) 9824 0 PARISH SUPPORT ST JOHN ABBEY PO BOX 2015 COLLEGEVILLE MN 56321 501(C)(3) 10000 0 ORGANIZATIONAL SUPPORT ST JOACHIM CATHOLIC CHURCH 900 WEST BROADWAY PLAINVIEW MN 55964 501(C)(3) 11225 0 PARISH SUPPORT ST JAMES CALVARY CEMETERY 709 8TH STREET S ST JAMES MN 56081 501(C)(3) 6000 0 PARISH SUPPORT ST HENRY'S CHURCH 234 2ND AVENUE SW PERHAM MN 56573 501(C)(3) 157628 0 PARISH SUPPORT ST HENRY'S CATHOLIC CHURCH CCW 9323 EAGLE COURT MONTICELLO MN 55362 501(C)(3) 21702 0 PARISH SUPPORT ST HENRY CHURCH 1001 E 7TH STREET MONTICELLO MN 55362 501(C)(3) 35462 0 PARISH SUPPORT ST GENEVIEVE CEMETERY PO BOX 310 TYLER MN 56178 501(C)(3) 58229 0 ORGANIZATIONAL SUPPORT ST FRANCIS DE SALES CATHOLIC CHURCH PO BOX 130 DODGE CENTER MN 55927 501(C)(3) 13721 0 PARISH SUPPORT ST BRIDGET CATHOLIC CHURCH 116 4TH AVENUE SE STEWARTVILLE MN 55976 501(C)(3) 78747 0 PARISH SUPPORT ST BERNARD'S CHURCH 105 KNIGHT AVENUE N THIEF RIVER FALLS MN 56701 501(C)(3) 75143 0 PARISH SUPPORT ST ANNE CHURCH PO BOX 239 WABASSO MN 56293 501(C)(3) 1125903 0 PARISH SUPPORT ST ALOYSIUS CEMETERY 15355 FAIRWATER RD ALTURA MN 55910 501(C)(3) 20000 0 ORGANIZATIONAL SUPPORT ST AGNES CHURCH 535 THOMAS AVE ST PAUL MN 55103 501(C)(3) 22000 0 PARISH SUPPORT SMILE TRAIN PO BOX 96231 WASHINGTON DC 20077 501(C)(3) 20500 0 ORGANIZATIONAL SUPPORT SAINT PAUL SEMINARY SCHOOL OF DIVINITY 2260 SUMMIT AVE ST PAUL MN 55105 501(C)(3) 13106 0 ORGANIZATIONAL SUPPORT SACRED HEART CHURCH 415 W 5TH STREET RUSH CITY MN 55069 501(C)(3) 46717 0 PARISH SUPPORT SACRED HEART CATHOLIC CHURCH 4087 WEST BROADWAY ROBBINSDALE MN 55422 501(C)(3) 10000 0 PARISH SUPPORT SACRED HEART CATHOLIC CHURCH 410 BROADWAY ST MANLY IA 50456 501(C)(3) 10000 0 ORGANIZATIONAL SUPPORT RISEN SAVIOR MISSIONS 14533 EUREKA COURT APPLE VALLEY MN 55124 501(C)(3) 21200 0 ORGANIZATIONAL SUPPORT RETIREMENT FUND FOR RELIGIOUS 3211 4TH ST NE WASHINGTON DC 20017 501(C)(3) 10200 0 ORGANIZATIONAL SUPPORT QUEEN OF ANGELS CHURCH 1001 E OAKLAND AVE AUSTIN MN 55912 501(C)(3) 110000 0 PARISH SUPPORT OUR LADY OF PEACE 5426 12TH AVENUE SOUTH MINNEAPOLIS MN 55417 501(C)(3) 9455 0 PARISH SUPPORT OGLALA LAKOTA COLLEGE PO BOX 537 KYLE SD 57752 501(C)(3) 9455 0 ORGANIZATIONAL SUPPORT NEW ULM AREA SCHOOLS 605 N STATE ST NEW ULM MN 56073 29447 0 ORGANIZATIONAL SUPPORT MISSIONARY SISTERS OF ST PETER CLAVER 265 CENTURY AVE S ST PAUL MN 55125 501(C)(3) 6200 0 ORGANIZATIONAL SUPPORT MARYKNOLL SOCIETY PO BOX 345 MARYKNOLL NY 10545 501(C)(3) 14010 0 ORGANIZATIONAL SUPPOT MARY MOTHER OF GOD MISSION SOCIETY PO BOX 576216 MODESTO CA 95357 501(C)(3) 6000 0 ORGANIZATIONAL SUPPORT MARY IMMACULATE CONCEPTION CHURCH 501 MAIN STREET COLD SPRING MN 56320 501(C)(3) 16377 0 PARISH SUPPORT LITTLE SISTERS OF THE POOR 330 EXCHANGE ST S ST PAUL MN 55102 410764112 501(C)(3) 7420 0 ORGANIZATIONAL SUPPORT IMMACULATE CONCEPTION CHURCH 535 8TH STREET SW PINE CITY MN 55063 501(C)(3) 37592 0 PARISH SUPPORT IMMACULATE CONCEPTION CHURCH PO BOX 100 ST CLAIR MN 56080 501(C)(3) 250000 0 PARISH SUPPORT HOLY REDEEMER 503 W LYON ST MARSHALL MN 56258 501(C)(3) 10000 0 PARISH SUPPORT HEIFER INTERNATIONAL 1 WORLD AVENUE LITTLE ROCK AR 72202 501(C)(3) 9955 0 ORGANIZATIONAL SUPPORT FORETHOUGHT LIFE INSURANCE COMPANY 10 WEST MARKET STREET STE 2300 INDIANAPOLIS IN 46204 501(C)(3) 68779 0 GENERAL SUPPORT ETERNAL WORD TELEVISION NETWORK 5817 OLD LEEDS RD IRONDALE AL 35210 630801391 501(C)(3) 5100 0 ORGANIZATIONAL SUPPORT EDMUNDITE MISSIONS 1428 BROAD STREET SELMA AL 36701 501(C)(3) 9456 0 ORGANIZATIONAL SUPPORT DOMINICAN SISTERS OF ST CECILIA 801 DOMINICAN DRIVE NASHVILLE TN 37228 501(C)(3) 10000 0 PARISH SUPPORT DOCTORS WITHOUT BORDERS PO BOX 5030 HAGERSTOWN MD 21741 501(C)(3) 11000 0 PARISH SUPPORT DIOCESE OF TUCSON 111 S CHURCH AVE TUCSON AZ 85702 501(C)(3) 6500 0 PARISH SUPPORT DIOCESE OF NEW ULM 1421 6TH ST N NEW ULM MN 56073 501(C)(3) 5275 0 PARISH SUPPORT CUFF MSGR SCHULER SEMINARIAN FUND 3499 LEXINGTON AVE N ST PAUL MN 55126 501(C)(3) 11175 0 ORGANIZATIONAL SUPPORT CROW LAKE CEMETERY 23327 372ND AVE WESSINGTON SPRINGS SD 57382 501(C)(3) 5776 0 PARISH SUPPORT COVENANT HOUSE 461 EIGHTH AVENUE NEW YORK NY 10001 132725416 501(C)(3) 12965 0 ORGANIZATIONAL SUPPORT CHURCH OF ST PETER 307 W 4TH ST CANBY MN 56220 501(C)(3) 145000 0 PARISH SUPPORT CHURCH OF ST JOSEPH 23955 NICOLAI AVE EAST HASTINGS MN 55033 501(C)(3) 20000 0 PARISH SUPPORT CHURCH OF ST FRANCIS CABRINI 1500 FRANKLIN AVE SE MINNEAPOLIS MN 55141 501(C)(3) 141381 0 PARISH SUPPORT CHURCH OF ST BONIFACE 629 SECOND ST NE MINNEAPOLIS MN 55413 501(C)(3) 6000 0 PARISH SUPPORT CHURCH OF SAINT HENRY 1001 E 7TH STREET MONTICELLO MN 55362 501(C)(3) 120205 0 PARISH SUPPORT CHRISTIAN APPALACHIAN PROJECT PO BOX 55911 LEXINGTON KY 40555 501(C)(3) 20500 0 ORGANIZATIONAL SUPPORT CHRIST OUR LIGHT PARISH 804 7TH AVENUE S PRINCETON MN 55371 501(C)(3) 21190 0 PARISH SUPPORT CATHOLIC UNITED FINANCIAL FOUNDATION 3499 LEXINGTON AVE N ST PAUL MN 55126 501(C)(3) 227827 0 ORGANIZATIONAL SUPPORT CATHOLIC SERVIES APPEAL FOUNDATION PO BOX 6488 ST PAUL MN 55106 501(C)(3) 6750 0 ORGANIZATIONAL SUPPORT CATHOLIC RELIEF SERVICES 228 WEST LEXINGTON STREET BALTIMORE MD 21201 501(C)(3) 13655 0 ORGANIZATIONAL SUPPORT CATHOLIC MEDICAL MISSION BOARD 10 WEST 17TH STREET NEW YORK NY 10011 501(C)(3) 12055 0 ORGANIZATIONAL SUPPORT CATHOLIC FOUNDATION OF SOUTHERN MINNESOTA 750 TERRACE HEIGHTS SUITE 105 WINONA MN 55987 501(C)(3) 273531 0 ORGANIZATIONAL SUPPORT CATHOLIC FOUNDATION FOR THE DIOCESE OF ST CLOUD 207 7TH AVE NORTH ST CLOUD MN 56303 501(C)(3) 8251 0 ORGANIZATIONAL SUPPORT CALVARY CEMETERY - QUEEN OF ANGELS CHURCH 1001 E OAKLAND AVE AUSTIN MN 55912 501(C)(3) 40000 0 PARISH SUPPORT BOYS TOWN 200 FLANAGAN BLVD PO BOX 6000 BOYS TOWN NE 68010 470376606 501(C)(3) 20100 0 ORGANIZATIONAL SUPPORT BISHOP OF ST CLOUD 214 THIRD AVE S SAINT CLOUD MN 56301 501(C)(3) 20000 0 ORGANIZATIONAL SUPPORT AMERICAN INDIAN EDUCATION FUND 16415 ADDISON RD SUITE 200 ADDISON TX 75001 501(C)(3) 9455 0 ORGANIZATIONAL SUPPORT ALL SAINTS CATHOLIC CHURCH 19795 HOLYOKE AVENUE LAKEVILLE MN 55044 501(C)(3) 43000 0 PARISH SUPPORT 82 2 SCHULER SEMINARIAN SCHOLARSHIP FUND 179 78050 PART I, LINE 2: THE FOUNDATION MAKES SCHOLARSHIP GRANTS THROUGH THE MSGR. SCHULER SEMINARIAN FUND. THE APPLICANTS ARE REQUIRED TO SUBMIT AN APPLICATION SUPPORTING THEIR ELIGIBILITY TO RECEIVE AN AWARD. THE FOUNDATION STAFF RESEARCHES THE PROPOSED SEMINARIAN FOR ELIGIBILITY OBTAINING A LETTER OF GOOD STANDING FROM THE SEMINARY IN WHICH EACH SEMINARIAN IS ATTENDING. THE EXECUTIVE DIRECTOR RECOMMENDS THE SEMINARIANS TO RECEIVE GRANTS TO THE ADVISORY BOARD, WHO MAKES A RECOMMENDATION OF AWARDS TO THE FOUNDATION'S BOARD OF DIRECTORS. APPROVAL IS BY THE FULL BOARD. APPLICATIONS ARE SOLICITED FROM SEMINARIANS BY MAIL AND ONLINE. ALL APPLICANTS ARE RESEARCHED TO DETERMINE ELIGIBILITY TO RECEIVE AN AWARD BOTH LEGALLY AND USING THE FOUNDATIONS'S ESTABLISHED CRITERIA. 0 0 0 0 0 0 0 0 0 ROBERT HEUERMANN EXECUTIVE DIRECTOR 0 115392 0 0 0 0 0 10781 0 25188 0 151361 0 0 X ADMINISTRATIVE COSTS 1 184984 EST. FMV, ACTUAL COS X OTHER OPERATING COSTS 1 31985 ACTUAL COST INCURRED 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 CHANGE TO BY-LAWS, REMOVING LANGUAGE THAT THE BOARD OF DIRECTORS MUST BE MADE UP OF 50% OF THE MEMBER ORGANIZATIONS BOD. OTHER CHANGE IS TO UPDATE LANGUAGE REGARDING CATHOLIC UNITED FOUNDATION (PARENT COMPANY). FORM 990, PART VI, SECTION A, LINE 7A CATHOLIC UNITED FINANCIAL (CUF), A RELATED ORGANIZATION, HAS THE POWER TO APPOINT MEMBERS OF THE GOVERNING BODY OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B CATHOLIC UNITED FINANCIAL (CUF), A RELATED ORGANIZATION, HAS THE POWER TO RATIFY GOVERNANCE DECISIONS MADE BY THE ORGANIZATION FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND DISTRIBUTED TO THE BOARD FOR ITS REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND SIGNED BY EACH MEMBER OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR IS LEGALLY AN EMPLOYEE OF AND PAID BY CATHOLIC UNITED FINANCIAL ASSOCIATION, A RELATED PARTY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE FOUNDATION PUBLISHES ITS FINANCIAL STATEMENTS IN ITS ANNUAL REPORT, WHICH IS MAILED TO THE PUBLIC AND IS AVAILABLE ON THE FOUNDATION'S WEBSITE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED IN THE PREVIOUS YEAR. CATHOLIC UNITED FINANCIAL 3499 LEXINGTON AVE N ST PAUL MN 55126 410182070 INSURANCE MN 501(C)(8) & (C)(10) CATHOLIC UNITED FINANCIAL 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0