Overview

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Est.

1885

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Catholic Financial Life is a faith-based membership organization dedicated to serving God through serving others by providing financial security and enhancing quality of life, focusing on insurance and education. With an operating budget of $36.9 million and total revenue of $162.8 million in 2024, the organization offers life insurance and annuity products while engaging in community outreach and fraternal activities, having raised over $1.2 million for Catholic education and civic causes. It does not rely on a single funder for 50% or more of its revenue. For more information, visit www.catholicfinanciallife.org.

Mission Statement

Catholic Financial Life, a faith-based membership organization, puts Catholic values in action by serving God through serving others, providing financial security and enhancing quality of life. The Society offers individual life insurance and annuity products through a network of Financial Advisors. Members also have access to fraternal benefits that include child cancer and orphan benefits, will preparation benefit and social activities through the chapter system. The Society is committed to hosting and supporting fraternal activities and community outreach. In 2020, members volunteered over 39,000 hours of service valued at nearly $1.1 million to extend their hand to help others in need. Over $1.2 million in contributions were raised through the Society's efforts to promote Catholic education, Diocesan programs, civic causes and more.
Revenues
$162.8M
Expenses
$158.7M
Net Income:
+$4.1M
Assets
$1.9B
Liabilities
$1.7B
Net Assets:
+$161.5M
Operating Budget
$36.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$54.2K
Largest grant received
$60.6K
A
Allan G Lorge
Board Member
W
William R O'Toole
Board Member
M
Michael a Giffhorn
Board Member

Frequently Asked Questions

What is CATHOLIC FINANCIAL LIFE’s budget?
In 2024, CATHOLIC FINANCIAL LIFE reported an annual operating budget of around $36.9 million. More detailed financial information is available to registered users.
What causes does CATHOLIC FINANCIAL LIFE support?
CATHOLIC FINANCIAL LIFE supports work in Education and Insurance.
Where does CATHOLIC FINANCIAL LIFE operate?
CATHOLIC FINANCIAL LIFE is headquartered in Milwaukee, WI.
Who funded CATHOLIC FINANCIAL LIFE recently?
In 2020, CATHOLIC FINANCIAL LIFE received grants from CATHOLIC FINANCIAL LIFE FOUNDATION INC and CATHOLIC FINANCIAL LIFE FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant CATHOLIC FINANCIAL LIFE received in 2020?
The largest grant to CATHOLIC FINANCIAL LIFE in 2020 exceeds $61 thousand.