Catholic United Financial Foundation
Catholic United Financial Foundation is a 501(c)(3) nonprofit organization based in St. Paul, Minnesota. Founded in December 1997, the Foundation serves the members, employees, and friends of Catholic United Financial, a not-for-profit fraternal benefit society. The Foundation operates with a distinctive model where all operational costs are covered by Catholic United Financial, allowing 100 percent of donations to be passed directly to the parishes, charities, or causes designated by donors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$41.8M
-0.6% YoY
Annual Giving
$5.3M
-46.1% YoY
Grant Count
83
+45.6% YoY
Avg Grant Size
$63K
-63.0% YoY
Mission & Focus Areas
Vision Statement: The Foundation strives to strengthen our Faith and provide support to others, not because they are Catholic, but…because WE are Catholic.
Mission Statement: The Foundation, inspired by the Gospel of Jesus Christ, serves the members, employees, and friends of Catholic United Financial by:
- Being accountable to donors and faithful to the 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
Primary Funding Areas:
- Education (approximately 10% of giving)
- Religion (approximately 68% of giving)
- Community Development (approximately 8% of giving)
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The Foundation partners with donors through four specific programs:
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Geographic Focus
Where this funder awards grants
Approximately 94% of grants stay in Minnesota. The Foundation focuses its grantmaking in a five-state region: Minnesota, Wisconsin, Iowa, North Dakota, and South Dakota.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets: $41,789,670 to $42,059,307 (as of most recent filings)
Annual Giving: $7,215,936 to $9,761,108
IRS Ruling Year: 1999
EIN: 41-1893463
The Foundation maintains a four-star rating based on its accountability and financial practices.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $41,789,670 | $42,059,307 | $42,361,226 |
| Revenue | $7,002,338 | $9,073,701 | $9,669,959 |
| Expenses | $7,590,788 | $10,686,636 | $3,744,620 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,458,868 | $752,065 | $684,703 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
173 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Anne Church ($1,125,903), St Mary Presentation Fund ($1,045,484), St Henry's Church ($157,628).
| Recipient | Purpose | Amount |
|---|---|---|
| WI PROVICE OF SOCIETY OF JESUS MILWAUKEE, WI | ORGANIZATIONAL SUPPORT | $9,455 |
| UNIVERSITY OF MARY OFFICE OF FINANCIAL AID BISMARCK, ND | ORGANIZATIONAL SUPPORT | $30,000 |
| THE CHURCH OF ST MARGARET MARY GOLDEN VALLEY, MN | ORGANIZATIONAL SUPPORT | $10,000 |
| STOVES FOR GUATEMALA PAYNESVILLE, MN | ORGANIZATIONAL SUPPORT | $20,000 |
| ST VINCENT DEPAUL CEMETERY BROOKLYN PARK, MN | PARISH SUPPORT | $6,000 |
| ST VINCENT DE PAUL CATHOLIC CHURCH WISCONSIN RAPIDS, WI | PARISH SUPPORT | $12,000 |
| ST THEODORE CEMETERY ASSOCIATION ALBERT LEA, MN | ORGANIZATIONAL SUPPORT | $27,000 |
| ST PETERS FUND | PARISH SUPPORT | $95,000 |
| ST MICHAEL FOUNDATION ST MICHAEL, MN | ORGANIZATIONAL SUPPORT | $103,921 |
| ST MICHAEL CHURCH MADISON, MN | ORGANIZATIONAL SUPPORT | $48,924 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Directors:
- John Borgen, President
- Robert Heuermann, Executive Director
- Fr. Thomas Thompson, Spiritual Advisor
- Michael Ahles
- Harald Borrmann
- Jean Hart
- William Lucas
- Michael McGovern
- Susan Stenzel
- James Wensel
- Paul Zastrow
- Mark Zeman
Emeritus Members:
- Frances Barten
- Joseph Kueppers
- Deborah Pauly
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT HEUERMANN | EXECUTIVE DIRECTOR | 37.5 | — |
| MICHAEL AHLES | PRESIDENT | 1 | — |
| FR THOMAS THOMPSON | SPIRITUAL ADVISOR | 1 | — |
| HARALD BORRMANN | BOARD MEMBER | 1 | — |
| JEAN HART | BOARD MEMBER | 1 | — |
| WILLIAM LUCAS | BOARD MEMBER | 1 | — |
| MICHAEL MCGOVERN | BOARD MEMBER | 1 | — |
| SUSAN STENZEL | BOARD MEMBER | 1 | — |
| JAMES WENSEL | BOARD MEMBER | 1 | — |
| PAUL ZASTROW | BOARD MEMBER | 1 | — |
| MARK ZEMAN | BOARD MEMBER | 1 | — |
Recent News & Activity
Recent developments and announcements
The Foundation has been active in supporting Catholic schools through its raffle fundraiser program, with schools achieving new fundraising records in 2025 and 2026. Priority grants have been distributed to benefit Catholic schools and parishes, with recent announcements highlighting support for educational initiatives benefiting thousands of students.
Raffle fundraiser makes big impact on schools.Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Catholic United Financial Foundation fund?
**Vision Statement:** The Foundation strives to strengthen our Faith and provide support to others, not because they are Catholic, but…because WE are Catholic. **Mission Statement:** The Foundation, inspired by the Gospel of Jesus Christ, serves the members, employees, and friends of Catholic United Financial by: • Being accountable to donors and faithful to the Church's mission • Supporting Catholic schools and parishes with technology and chastity education grants • Bringing a Catholic presen…
How do I apply for a grant from Catholic United Financial Foundation?
The Foundation partners with donors through four specific programs: **1. Catholic Education Priority Fund** Supplies grants to Upper Midwest Catholic schools in the areas of educational technology and chastity and abstinence education. **2. Catholic United Response** A disaster recovery project designed to provide assistance with emergency supplies for personal hygiene, cleanup, and comfort for victims whose homes have been damaged. **3. Monsignor Schuler Seminarian Fund** Provides grants to se…
Where does Catholic United Financial Foundation make grants?
Approximately 94% of grants stay in Minnesota. The Foundation focuses its grantmaking in a five-state region: Minnesota, Wisconsin, Iowa, North Dakota, and South Dakota.
What size grants does Catholic United Financial Foundation award?
In 2024, Catholic United Financial Foundation awarded 83 grants totaling $5.3M — an average of about $63K per grant, based on its IRS Form 990 filings.
What is Catholic United Financial Foundation's EIN?
Catholic United Financial Foundation's EIN (Employer Identification Number) is 41-1893463. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Catholic United Financial Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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