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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking Catholic Financial Life Foundation Inc.

Catholic Financial Life Foundation Inc.

Fiscal year ending 2024. Filed on November 17, 2025.

1100 W Wells Street
Milwaukee, Wisconsin 53233

Catholic Financial Life Foundation Inc. (EIN: 20-4780760) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Catholic Financial Life Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $279,848. The highest compensated employee at Catholic Financial Life Foundation Inc. is John T Borgen with fiscal year 2024 compensation of $558,701.

Revenue, expenses, and employee compensation

Revenue

$806,994

Expenses

$500,062

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John T Borgen
President
$558,701
$0 $509,886 $48,815
Sara J Walker
Director
$245,208
$0 $220,910 $24,298
Cynthia E Feld
Treasurer
$183,508
$0 $152,542 $30,966
Sally A Krochalk
Secretary
$131,975
$0 $113,108 $18,867

Benchmark Employee Compensation

Non-Employee Board Members

Daniel T Lloyd
Director
$83,151
$0 $77,619 $5,532
William R O'Toole
Board Chair
$38,000
$0 $38,000 No other comp

Mission Statement

The Foundation, rooted in the Catholic and fraternal values of stewardship, service, and concern for others, seeks to strengthen individuals, our church, and society by: Providing resources to advance the mission of Catholic parishes and organizations, supporting charitable outreach, educating individuals about philanthropy and planned giving, and providing financial vehicles to accomplish philanthropic objectives.

Revisions to this organization profile

November 17, 2025:
2024 Catholic Financial Life Foundation Inc. 990 filed
September 20, 2024:
2023 Catholic Financial Life Foundation Inc. 990 filed
September 7, 2023:
2022 Catholic Financial Life Foundation Inc. 990 filed

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