Idaho Catholic Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
NEEDS OF THE DIOCESE OF BOISE BY RAISING FUNDS, HOLDING AND INVESTING ASSETS FROM THE DIOCESE AND RELATED CATHOLIC SCHOOLS AND PARISHES. THE IDAHO CATHOLIC FOUNDATION FULFILLS ITS MISSION BY:HELPING DONORS ESTABLISH ENDOWMENT FUNDS DESIGNED TO SUPPORT CURRENT AND FUTURE NEEDS OF THE CATHOLIC FAMILY OF IDAHO. PROVIDING RESPONSIBLE AND LONG-TERM FINANCIAL MANAGEMENT, INCLUDING INVESTMENTS THAT FOLLOW THE GUIDELINES OF THE UNITED STATES CONFERENCE OF CATHOLIC BISHOPS ON CATHOLIC SOCIALLY RESPONSIBLE INVESTING. DISTRIBUTING EARNINGS ACCORDING TO COMMUNITY PRIORITIES AND DONOR INTENT.
- Income
- $301,969
- Spending
- $304,643
- Spent on programs
- 75%
- Reserves
- 3.3 months of spending
- Largest source of income
- investment income, 84%
- Employees
- 0
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 45 out of 100.
Reserves
20 of 35Spendable reserves would cover 3.3 months of spending.
Debt
2 of 20It owes 83% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
0 of 15Income fell 26% on the year before.
Spending floor
15 of 1575% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 81 out of 100.
Independent board
25 of 2514 of 14 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $228,569 spent. THE FOUNDATION HOLDS AND TRANSFERS SOME ASSETS TO OTHER NOT-FOR-PROFIT ORGANIZATIONS AND CHARITABLE TRUSTS THAT RAISE OR HOLD CONTRIBUTIONS FOR OTHERS. SOME OF THESE RECEIPTS ARE HELD AND DISPERSED TO THE ROMAN CATHOLIC DIOCESE OF BOISE. ALL ASSETS CONTRIBUTED TO THE CAPITAL CAMPAIGN ARE CONSIDERED PROPERTY OF THE FOUNDATION.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Worth knowing.
Not individually listed by the IRS as eligible, which is usual for churches. The master file records contributions to it as deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Worth knowing.
The IRS does not require this organization to file annual returns.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1946.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.