The Foundation of the Roman Catholic
THE FOUNDATION WAS FORMED TO CULTIVATE ENDOWED AND MAJOR GIFTS FOR THE LONG-TERM BENEFIT OF THE MINISTRIES OF THE DIOCESE OF RALEIGH WHILE PROVIDING EFFECTIVE AND EFFICIENT MANAGEMENT AND DISTRIBUTION OF INVESTED FUNDS.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$72.6M
+5.8% YoY
Annual Giving
$2.3M
-14.1% YoY
Grant Count
14
+7.7% YoY
Avg Grant Size
$164K
-20.3% YoY
About The Foundation of the Roman Catholic
Based on IRS filings
The Foundation of the Roman Catholic is a nonprofit organization, based in RALEIGH, NC. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $72.6M in total assets. In 2023, it awarded 14 grants totaling $2.3M. Net investment income was $1.1M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $72,625,930 | $68,615,625 | $76,385,050 |
| Revenue | $3,058,479 | $19,156,284 | $2,802,448 |
| Expenses | $3,162,527 | $3,300,049 | $3,735,674 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,063,996 | $14,798,691 | $743,485 |
| 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 2023
Grant Size Distribution
53 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Roman Catholic Diocese of Raleigh and Affiliates(list Available on Request) ($461,584), Roman Catholic Diocese of Raleigh and Affiliates(list Available on Request) ($298,224), Roman Catholic Diocese of Raleigh and Affiliates(list Available on Request) ($263,643).
| Recipient | Purpose | Amount |
|---|---|---|
| ROMAN CATHOLIC DIOCESE OF RALEIGH AND AFFILIATES(LIST AVAILABLE ON REQUEST) RALEIGH, NC | ASSISTANCE FOR THE NEEDY | $231,312 |
| ROMAN CATHOLIC DIOCESE OF RALEIGH AND AFFILIATES(LIST AVAILABLE ON REQUEST) RALEIGH, NE | CATHOLIC SCHOOLS AND EDUCATION INITIATIVES | $97,170 |
| ROMAN CATHOLIC DIOCESE OF RALEIGH AND AFFILIATES(LIST AVAILABLE ON REQUEST) RALEIGH, NC | CHILD AND FAMILY PROGRAMS | $1,800 |
| ROMAN CATHOLIC DIOCESE OF RALEIGH AND AFFILIATES(LIST AVAILABLE ON REQUEST) RALEIGH, NC | DIOCESAN SUPPORT AND ASSISTANCE | $135,300 |
| ROMAN CATHOLIC DIOCESE OF RALEIGH AND AFFILIATES(LIST AVAILABLE ON REQUEST) RALEIGH, NC | LAY FORMATION AND EDUCATION | $88,400 |
| ROMAN CATHOLIC DIOCESE OF RALEIGH AND AFFILIATES(LIST AVAILABLE ON REQUEST) RALEIGH, NC | OTHER | $263,643 |
| ROMAN CATHOLIC DIOCESE OF RALEIGH AND AFFILIATES(LIST AVAILABLE ON REQUEST) RALEIGH, NC | PARISH SUPPORT AND ASSISTANCE | $181,397 |
| ROMAN CATHOLIC DIOCESE OF RALEIGH AND AFFILIATES(LIST AVAILABLE ON REQUEST) RALEIGH, NC | CHURCH EXPANSION | $92,369 |
| ROMAN CATHOLIC DIOCESE OF RALEIGH AND AFFILIATES(LIST AVAILABLE ON REQUEST) RALEIGH, NC | SEMINARIAN EDUCATION AND WELFARE | $461,584 |
| ROMAN CATHOLIC DIOCESE OF RALEIGH AND AFFILIATES(LIST AVAILABLE ON REQUEST) RALEIGH, NC | TUITION ASSISTANCE AND SCHOLARSHIPS | $298,224 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIMOTHY A MANN | PRESIDENT | 3 | — |
| JOHN W BYRNE | VICE PRESIDENT | 3 | — |
| H DEAN PENNY | SECRETARY/TREASURER | 3 | — |
| MICHAEL GOODMON | BOARD MEMBER | 3 | — |
| ANNE W STAHEL | BOARD MEMBER | 3 | — |
| RICARDO HERRERA | BOARD MEMBER | 3 | — |
| VERY REVEREND MICHAEL J BURBECK VG | BOARD MEMBER | 3 | — |
| MAUREEN O'KEEFFE LINDGREN | EXECUTIVE DIRECTOR | 40 | $108,902 |
Frequently Asked Questions
How large is The Foundation of the Roman Catholic?
As of 2023, The Foundation of the Roman Catholic holds $72.6M in total assets with $3.1M in annual revenue. It awarded 14 grants totaling $2.3M in 2023.
Where does The Foundation of the Roman Catholic operate?
The Foundation of the Roman Catholic has awarded grants in North Carolina, Nebraska.
What size grants does The Foundation of the Roman Catholic award?
In 2023, The Foundation of the Roman Catholic awarded 14 grants totaling $2.3M — an average of about $164K per grant, based on its IRS Form 990 filings.
What is The Foundation of the Roman Catholic's EIN?
The Foundation of the Roman Catholic's EIN (Employer Identification Number) is 83-1609483. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in The Foundation of the Roman Catholic's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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