Civic Intelligence

The Catholic Foundation of Greater Philadelphia

EIN 46-1566557 • 501(c)3 • Philadelphia, PA

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Profile

The Catholic Foundation of Greater Philadelphia (CFGP) exists to better

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100 North 20th StreetPhiladelphia, PA 19103

catholicfoundationphila.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.27x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Liabilities / Revenue

76th percentile

1.04x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Net Margin

58th percentile

7.6%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Top Officer Pay

42nd percentile

$311,907

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2025

Asset Growth

63rd percentile

9.2%

Faster asset growth than 63% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Revenue Growth

11th percentile

-17%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets53rd percentile

Assets

Up

$56,261,736

Up $11,322,304 (+25%) from 2022

Liabilities

Up

$15,292,107

Up $7,474,810 (+96%) from 2022

Net Assets

Up

$40,969,629

Up $3,847,494 (+10%) from 2022

Operations
Liabilities / Revenue76th percentileNet Margin58th percentile

Revenue

Down

$14,646,810

Down $8,660,806 (-37%) from 2022

Expenses

Up

$13,530,421

Up $6,117,966 (+83%) from 2022

Net Income

Down

$1,116,389

Down $14,778,772 (-93%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2015: $7,318,602Liabilities 2015: $1,185,410Net Assets 2015: $6,133,1922015Assets 2016: $10,456,267Liabilities 2016: $1,440,112Net Assets 2016: $9,016,1552016Assets 2017: $13,241,939Liabilities 2017: $1,905,283Net Assets 2017: $11,336,6562017Assets 2019: $20,267,152Liabilities 2019: $4,349,999Net Assets 2019: $15,917,1532019Assets 2020: $23,007,097Liabilities 2020: $5,791,342Net Assets 2020: $17,215,7552020Assets 2021: $31,245,697Liabilities 2021: $6,991,523Net Assets 2021: $24,254,1742021Assets 2022: $44,939,432Liabilities 2022: $7,817,297Net Assets 2022: $37,122,1352022Assets 2025: $56,261,736Liabilities 2025: $15,292,107Net Assets 2025: $40,969,6292025

Highlighted filing

2025

Assets$56,261,736
Liabilities$15,292,107
Net Assets$40,969,629
Open 2025 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0Revenue 2015: $8,876,919Expenses 2015: $6,553,654Net Income 2015: $2,323,2652015Revenue 2016: $7,759,686Expenses 2016: $4,942,705Net Income 2016: $2,816,9812016Revenue 2017: $6,126,003Expenses 2017: $4,377,373Net Income 2017: $1,748,6302017Revenue 2019: $6,948,996Expenses 2019: $5,403,632Net Income 2019: $1,545,3642019Revenue 2020: $6,722,792Expenses 2020: $5,889,294Net Income 2020: $833,4982020Revenue 2021: $9,911,506Expenses 2021: $5,844,532Net Income 2021: $4,066,9742021Revenue 2022: $23,307,616Expenses 2022: $7,412,455Net Income 2022: $15,895,1612022Revenue 2025: $14,646,810Expenses 2025: $13,530,421Net Income 2025: $1,116,3892025

Highlighted filing

2025

Revenue$14,646,810
Expenses$13,530,421
Net Income$1,116,389
Open 2025 Filing

Filings

Most recent year

2025 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$56,261,736
Liabilities
$15,292,107
Net assets
$40,969,629
Revenue
$14,646,810
Expenses
$13,530,421
Net income
$1,116,389
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$56.3$15.3$41.0$14.6$13.5$1.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.9$7.82$37.1$23.3$7.41$15.9
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$31.2$6.99$24.3$9.91$5.84$4.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$23.0$5.79$17.2$6.72$5.89$0.83
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.3$4.35$15.9$6.95$5.40$1.55
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.2$1.91$11.3$6.13$4.38$1.75
2016Detailed filing. Detailed filing data is available for this year.$10.5$1.44$9.02$7.76$4.94$2.82
2015Detailed filing. Detailed filing data is available for this year.$7.32$1.19$6.13$8.88$6.55$2.32
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2019 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 8, 2019
Return Version
2018v3.1
Gross Receipts
$6,948,996
Mission and Program Overview

Mission

The Catholic Foundation of Greater Philadelphia (CFGP) exists to better

The catholic foundation of greater philadelphia (cfgp) exists to better the mission of the catholic church for the betterment of the lives of people. The foundation provides donors an avenue to fulfill their charitable goals through the support of projects, programs, organizations and initiatives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$13,704,325$17,745,444▲ $4,041,119
Savings and Temporary Cash Investments$2,504,195$1,686,172▼ $818,023
Cash and Non-Interest-Bearing Accounts$500,228$592,464▲ $92,236
Pledges and Grants Receivable$30,000--
Land, Buildings, and Equipment, Net$23,137$18,919▼ $4,218
Accounts Receivable$131,625$17,208▼ $114,417
Total Assets$17,111,431$20,267,152▲ $3,155,721
Other Assets Total$217,921$206,945▼ $10,976
Liabilities
Other Liabilities$2,797,616$4,181,980▲ $1,384,364
Accounts Payable and Accrued Expenses$163,374$168,019▲ $4,645
Grants Payable$124,500--
Total Liabilities$3,085,490$4,349,999▲ $1,264,509
Net Assets / Fund Balance
Unrestricted Net Assets$10,541,697$12,471,632▲ $1,929,935
Permanently Rstr Net Assets$3,056,301$3,287,299▲ $230,998
Temporarily Rstr Net Assets$427,943$158,222▼ $269,721
Total Net Assets Fund Balance$14,025,941$15,917,153▲ $1,891,212
Total Liabilities and Net Assets / Fund Balance$17,111,431$20,267,152▲ $3,155,721

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,919$45,148$64,067

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$3,056,301$104,061▲ $219,987-$3,287,299
2017$2,471,718$469,318▲ $142,921-$3,056,301
2016$934,555$1,424,762▲ $131,627-$2,471,718
2015$816,901$108,815▲ $25,475-$934,555
2014$100,000$727,824▲ $5,835-$816,901
Compensation and Service Providers
Top Officer Pay42nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Angelo J VallettaFormer Pres.FT$200,000$3,333$203,333
Angelo J VallettaFormer Pres. and CEO-$200,000$3,333$203,333
Sarah O HanleyPresident anFT$116,917-$116,917
Vincent D ZellerFormer CFOFT$106,470-$106,470
Thomas J BurkeCFOFT$19,231-$19,231

Board Members and Trustees

NameTitle
Richard T ClarkChairman
Carlos MoreiraTrustee
Cynthia a BrownTrustee
David WatsonTrustee
Dr Alexander VaccaroTrustee
Dr James W Fox IvTrustee
Dr Tammy TenagliaTrustee
Father Nick Rashford SjTrustee
John MullenTrustee
Joseph ChottTrustee
Joseph JacoviniTrustee
Joseph L CarliniTrustee
Joseph L RoseTrustee
Joseph ManginiTrustee
Kenneth EwellTrustee
Most Reverand Charles J ChaputTrustee
Msgr Francis W BeachTrustee
Paul KlauderTrustee
Sean BerginTrustee
Susan KimTrustee
William P CurtisTrustee
Judith M PersichilliSecretary
Bernard J Kelley JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,244,425
Program Service Revenue
$3,328,115
Investment Income
$349,489
Other Revenue
$26,967
All Other Contributions
$3,244,425
Change in Net Assets
$1,545,364

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Other Non Cash Contri Table1$752,280
Total Noncash Contributions1$752,280

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,869,352
Revenue Not Reported on Financial Statements
$79,644
Revenue Not Reported on Form 990
$678,656
Total Revenue per Audited Statements
$7,548,008
Total Revenue per Form 990
$6,948,996
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,120,508
Grants and Similar Amounts Paid$1,651,989
Salaries, Compensation, and Employee Benefits$1,631,135
Total Fundraising Expense$404,757
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$888,040--$888,040
Other Salaries and Wages$554,163$116,281$130,851$801,295
Foreign Grants$763,949--$763,949
Current Officers, Directors, Trustees, and Key Employees$95,393$354,376$103,077$552,846
Occupancy$90,449$64,390$31,844$186,683
Other Employee Benefits$89,677$59,106$21,774$170,557
Advertising$75,563$67,599$26,607$169,769
Payroll Taxes$51,569$36,712$18,156$106,437
Information Technology$43,507$38,921$15,319$97,747
Office Expenses$41,049$29,222$14,452$84,723
Fees for Service Investment Mgmnt Fees-$79,644-$79,644
Fees for Services Legal$23,813$21,303$8,385$53,501
All Other Expenses$30,122$17,795$4,614$52,531
Fees for Services Accounting$13,798$12,344$4,858$31,000
Other Expenses$12,652$11,319$4,455$28,426
Fees for Services Other$11,846$10,597$4,171$26,614
Travel$9,817--$9,817
Insurance-$9,746-$9,746
Depreciation Depletion$8,824--$8,824
Conferences and Meetings$2,366--$2,366
Interest-$196-$196
Total Functional Expenses$3,908,176$1,090,699$404,757$5,403,632

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,403,632
Total Expenses per Audited Statements$5,370,526
Expenses per Audited Statements$5,323,988
Expenses Not Reported on Financial Statements$79,644
Expenses Not Reported on Form 990$46,538
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Project HomePhiladelphia, PA-Charitable$200,000
Catholic Charities AppealPhiladelphia, PA-Charitable$146,500
National Catholic Bioethics CenterPhiladelphia, PA-Charitable$75,000
Regina Angelorum AcademyArdmore, PA-Charitable$52,500
Catholic Leadership InstituteWayne, PA-Charitable$45,000
St Ignatius Nursing and Rehab CtrPhiladelphia, PA-Charitable$34,549
Catholic Athletes for ChristAlexandria, VA-Charitable$31,300
Cathedral Basilica Ss Peter & PaulPhiladelphia, PA-Charitable$30,900
Office for the New EvangelizationPhiladelphia, PA-Charitable$14,500
St Charles SeminaryPhiladelphia, PA-Charitable$13,203
Gianna Center of PhiladelphiaEast Norriton, PA-Charitable$11,000
Christendom CollegeFort Royal, VA-Charitable$10,000
Collegiate Cultural FoundationMedia, PA-Charitable$10,000
Collegium InstitutePhiladelphia, PA-Charitable$10,000
Cristo Rey Phila High SchoolPhiladelphia, PA-Charitable$10,000
Gesu SchoolPhiladelphia, PA-Charitable$10,000
Holy Family Regional Cath SchoolLevittown, PA-Charitable$10,000
Mother of Providence Regional HsWallingford, PA-Charitable$10,000
Nativity of Our Lord Cath Elem SchWarminster, PA-Charitable$10,000
Our Lady of LourdesPhiladelphia, PA-Charitable$10,000
Roman Catholic HsPhiladelphia, PA-Charitable$10,000
St Francis De Sales ParishPhiladelphia, PA-Charitable$10,000
St Jude Cath Elem SchoolChalfont, PA-Charitable$10,000
Susan B Anthony List Ed FundArlington, VA-Charitable$10,000
Terri Schiavo Life and Hope NetworkPhiladelphia, PA-Charitable$10,000
Villanova UniversityVillanova, PA-Charitable$10,000
St Ephrem Catholic SchoolBensalem, PA-Charitable$8,560
ST JOSEPH'S PREPPhiladelphia, PA-Charitable$7,500
St Hubert Cath Hs for GirlsPhiladelphia, PA-Charitable$7,000
Mercy Career and Tech High SchoolPhiladelphia, PA-Charitable$6,898
Faith in the Future Foundation AopPhiladelphia, PA-Charitable$6,000
Catholic Foundation of GreaterphilaPhiladelphia, PA-Charitable$5,272

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Held for Others$4,181,980
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The board of trustees receives a copy of the 990 prior to filing.”

Form 990, Page 6, Part VI, Line 12C

“The conflict of interest policy is reviewed by the board annually for the information and guidance of all new trustees, officers, key employees and members of the committees of the board.”

Form 990, Page 6, Part VI, Line 15A

“The president and chief executive officer's compensation was determined by comparison to similarly situated organizations, independent compensation surveys, and written offers from similar institutions competing for the person's services.”

Form 990, Page 6, Part VI, Line 15B

“Other key employees compensation was determined by comparison to similarly situated organizations, independent compensation surveys, and written offers from similar institutions competing for the person's services.”

Form 990, Page 6, Part VI, Line 19

“The organization makes it's governing documents, conflict of interest policy, and financial statements available to the public upon request. Donated services on schedule d are legal services provided by a board member.”

Filing and Contact Details

Filer

Filer Name
The Catholic Foundation of Greater
EIN
46-1566557
Phone
2155875650
Address
100 NORTH 20TH STREET, PHILADELPHIA, PA 19103

Signing Officer

Name
Sarah O Hanley
Title
President and CEO
Phone
2155875650
Signed
2019-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sarah O Hanley
Formed
2012
Legal Domicile
Pa
Voting Board Members
23
Independent Board Members
23
Employees
30

Preparer

Firm
O'CONNELL & COMPANY LLC
Address
165 TOWNSHIP LINE RD STE 1100, JENKINTOWN, PA 19046
Preparer
GEORGE R O'CONNELL
Phone
2158874425
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The catholic foundation of greater philadelphia (cfgp) exists to better the mission of the catholic church for the betterment of the lives of people. The foundation provides donors an avenue to fulfill their charitable goals through the support of projects, programs, organizations and initiatives.”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“Endowment funds are to be used for care for the aged / disabled, seminarian formation and education at saint charles borromeo seminary, and other programs.”

Raw XML AppendixShowing 400 of 955 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt23FORMER PRES.
IRS990/Form990PartVIISectionAGrp/TitleTxt24PRESIDENT AN
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IRS990/MissionDesc0THE CATHOLIC FOUNDATION OF GREATER PHILADELPHIA (CFGP) EXISTS TO BETTER THE MISSION OF THE CATHOLIC CHURCH FOR THE BETTERMENT OF THE LIVES OF PEOPLE. THE FOUNDATION PROVIDES DONORS AN AVENUE TO FULFILL THEIR CHARITABLE GOALS THROUGH THE SUPPORT OF PROJECTS, PROGRAMS, ORGANIZATIONS AND INITIATIVES.
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