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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 2023. Filed on September 20, 2024.

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 2023 IRS Form 990 filing, Catholic Financial Life Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 6 employees. Among the employees shown here, the average compensation is $202,073. The highest compensated employee at Catholic Financial Life Foundation Inc. is John T Borgen with fiscal year 2023 compensation of $485,331.

Revenue, expenses, and employee compensation

Revenue

$831,142

Expenses

$375,336

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

John T Borgen
President
$485,331
$434,536 No related comp$50,795
Sara J Walker
Director
$226,740
$201,690 No related comp$25,050
Cynthia E Feld
Treasurer
$180,823
$140,888 No related comp$39,935
Sally Krochalk
Secretary
$129,709
$109,715 No related comp$19,994
William R O'Toole
Board Chair
$99,000
$98,000 No related comp$1,000
Daniel T Lloyd
Director
$90,837
$84,808 No related comp$6,029

Benchmark Employee Compensation

Non-Employee Board Members

No board members were reported during this fiscal year.

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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