Clerical Endowment Fund Of The Austin Dioceese

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 746062039 ✦ West, TX ✦ Designated as a 501(c)(3)

Overview

What is Clerical Endowment Fund Of The Austin Dioceese?

The Clerical Endowment Fund of the Austin Diocese is a nonprofit organization situated in West, Texas (specifically at PO Box 387, ZIP code 76691). Its primary mission is to offer financial assistance in the form of building loans to Catholic parishes and funds for the education of Catholic seminarians within the Austin Diocese. The organization aims to support the growth and development of Catholic communities and the education of future religious leaders in the diocese.


Is Clerical Endowment Fund Of The Austin Dioceese legitimate?

Clerical Endowment Fund Of The Austin Dioceese is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clerical Endowment Fund Of The Austin Dioceese submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Clerical Endowment Fund Of The Austin Dioceese?
Who is the CEO of Clerical Endowment Fund Of The Austin Dioceese?
What is the revenue of Clerical Endowment Fund Of The Austin Dioceese?
Who are the executives of Clerical Endowment Fund Of The Austin Dioceese and what are their salaries?
Where can I find the form 990 for Clerical Endowment Fund Of The Austin Dioceese?

Mission Statement of Clerical Endowment Fund Of The Austin Dioceese

The Clerical Endowment Fund of the Austin Diocese is committed to providing financial assistance in the form of building loans to Catholic parishes and funding for the education of Catholic seminarians within the Catholic Dioceses. The primary objective of this nonprofit organization is to support the growth and development of Catholic churches and to nurture future religious leaders through educational grants for seminarians. By offering these loans and funds, the Clerical Endowment Fund of the Austin Diocese plays a crucial role in fostering the spiritual and communal growth within the Catholic community.

Impact

This information is meant to be a general summary of Clerical Endowment Fund Of The Austin Dioceese. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

The Clerical Endowment Fund of the Austin Diocese plays a crucial role in supporting the growth and development of Catholic parishes and the education of seminarians within the Austin Diocese. By providing building loans to Catholic parishes, the fund enables these communities to enhance their facilities and better serve their congregations. Additionally, by offering financial support for the education of Catholic seminarians, the fund contributes to the formation of future clergy members who will serve the faithful in the diocese. Overall, the impact of the Clerical Endowment Fund is significant in fostering the spiritual and physical growth of the Catholic community in the Austin Diocese.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $161,849
  • Program Service Revenue: $0
  • Gross Receipts: $457,409

    • Assets and Liabilities:
  • Total Assets: $4,765,099
  • Total Liabilities: $0
  • Net Assets: $4,765,099
  • Organization Details

    Founding Year

    1990

    Principal Officer

    Father Ed Karasek

    Main Address

    PO BOX 387, West, TX, 76691

    If you are a representative of Clerical Endowment Fund Of The Austin Dioceese and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.