2026-07-15T13:27:36+00:00 2025-08-31 135381590 BDO USA 100 SE 2ND ST SUITE 1700 MIAMI FL 33131 990 2024-09-01 113798061 ROMAN CATHOLIC ARCHDIOCESE OF NASSAU FOUNDATION INC (RCAN FOUNDATION) ROMA 2423564114 110 MERRICK WAY CORAL GABLES FL 33131 MS SHANTA COLEBROOKE CFO 2423228919 2026-07-15 true JAKE COOK P01240455 3053818000 2026-07-14 2024 2025-03-06 01:10:19Z MS SHANTA COLEBROOKE 110 MERRICK WAY CORAL GABLES FL 33131 14471659 false X N/A X 2006 FL THE FOUNDATION, GUIDED BY GOSPEL VALUES, RAISES FUNDS, MAKES GRANTS, AND MANAGES TO FOSTER PHILANTHROPY AND ADVANCE THE PRIORITIES IN THE ROMAN CATHOLIC ARCHDIOCESE OF NASSAU. 4 4 0 4 0 946321 624701 0 694211 1044007 0 1640532 1668708 1098427 1488980 0 0 0 0 524056 191537 1622483 1680517 18049 -11809 10338565 11217877 33412 43551 10305153 11174326 THE PRIMARY OBJECTIVE OF THE ORGANIZATION IS TO FOSTER RELIGIOUS AND SPIRITUAL SERVICES AND ACT AS A FOREIGN MISSION SOCIETY FOR THE ARCHDIOCESE OF NASSAU, BAHAMAS INCLUDING BUT NOT LIMITED TO PROVIDING SPIRITUAL, PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF THE PEOPLE OF THE BAHAMAS, AND TO MANAGE, OPERATE, AND GENERALLY DO EVERYTHING AND ANYTHING NECESSARY, EXPEDIENT OR INCIDENTAL TO THE MAINTAINING OF CATHOLIC RELIGIOUS ACTIVITIES IN THE BAHAMAS. false false 1515624 376452 0 THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO SUPPORT THE ROMAN CATHOLIC ARCHDIOCESE OF NASSAU, BAHAMAS THROUGH FUNDRAISING AND HOLDING FUNDS TO SUPPORT THE CHURCH'S MISSION. THE ORGANIZATION MAINTAINS THREE FUNDS TO ACHIEVE ITS AIM: 1. BUILDING FUND - SUPPORT BUILDING PROJECTS, 2. ENDOWMENT FUND - PROVIDE INCOME FOR ARCHDIOCESAN OPERATIONS, 3. INSURANCE FUND - PROVIDE PARTIAL INSURANCE COVERAGE FOR ALL PARISHES, SCHOOLS, INSTITUTIONS, AND AGENCIES COMPRISING THE ARCHDIOCESE OF NASSAU. 1515624 true true false false false false false false false true false false false false false false false false false true false true false false false false false false true false false false false false false false false false false false false false false false false true false false false false true 0 0 0 false false false false false false false false false false X 4 4 false false false false true true true true true false false false true true true true true true false false false false X MS SHANTA COLEBROOKE 2423228919 PO BOX N-8187 NASSAU BF ANDREW ANDERSON TREASURER 1.0 0.0 X X 0 0 0 J PATRICK FITZGERALD ESQ SECRETARY 1.0 0.0 X X 0 0 0 KENNETH SCHWANGER VICE PRESIDENT 1.0 0.0 X X 0 0 0 MOST REV PATRICK C PINDER PRESIDENT 1.0 40.0 X X 0 12300 110943 MS SHANTA COLEBROOKE CHIEF FINANCIAL OFFICER 1.0 40.0 X 0 71400 15326 0 83700 126269 0 false false false 0 624701 624701 0 0 0 0 0 357394 0 0 357394 0 0 13489564 12802951 686613 0 686613 0 0 686613 0 0 0 0 0 1668708 0 0 1044007 11452 11452 1477528 1477528 20621 20621 8182 8182 128546 128546 0 0 0 0 13313 13313 4665 4665 8666 8666 BANK FEES 7544 7544 0 0 0 0 1680517 1515624 164893 0 81515 357253 14778 8792 0 0 0 0 0 10242272 10851832 0 0 0 0 10338565 11217877 33412 43551 0 0 0 33412 43551 X 9709445 10508186 595708 666140 10305153 11174326 10338565 11217877 X -11809 -1406967 2287949 X false false false X X 1 ROMAN CATHOLIC ARCHDIOCESE OF NASSAU 000000000 1 true 1515624 0 1 1515624 0 true true false true true false false false false false false false false false false false false true false Schedule A, Part IV, Section A, Line 4c THE COMPLETION OF THE REQUIREMENT FOR THE FORM 990 AND PREPARATION OF ANNUAL FINANCIAL STATEMENTS IN ACCORDANCE WITH US GAAP STANDARDS ARE PREPARED TO ENSURE THAT WE MEET ALL REGULATORY REQUIREMENTS INCLUDING THOSE OF THE IRS. THE BOARD OF DIRECTORS ALSO REVIEWS DONORS AND RECIPIENTS IN ORDER TO ENSURE THAT THE FUNDS GRANTED ARE USED EXCLUSIVELY FOR CHARITABLE PURPOSES DESCRIBED IN SECTION 170(C)(2)(B). THERE ARE ALSO CONFLICT OF INTEREST REQUIREMENTS FOR THE BOARD OF DIRECTORS AND THE FINANCIAL OFFICER. Schedule A, Part IV, Section A, Line 2 Supported Org. Without IRS Status 509(a)1 or (2) THE ORGANIZATION DETERMINED THAT THE SUPPORTED ORGANIZATION, THE ROMAN CATHOLIC ARCHDIOCESE OF NASSAU BAHAMAS, IS AN ASSOCIATON OF CHURCHES, AN ORGANIZATION DESCRIBED UNDER SECTION 170(B)(1)(A)(I), AS AN ORGANIZATION DESCRIBED UNDER 509(A)(1). Schedule A, Part IV, Section A, Line 4b Org. Had Ultimate Control In Making Grants To Foreign Org. THE ROMAN CATHOLIC ARCHDIOCESE OF NASSAU FOUNDATION, INC. HAS HISTORICALLY CONTROLLED ITS GRANT MAKING THROUGH OVERSIGHT BY ITS BOARD OF DIRECTORS AND DIRECTED ALL OF ITS GRANTS TO MINISTRIES OF THE ROMAN CATHOLIC ARCHDIOCESE OF NASSAU. THE ROMAN CATHOLIC ARCHDIOCESE OF NASSAU IS A RELIGIOUS ORGANIZATION UNDER WHICH ALL ROMAN CATHOLIC ORGANIZATIONS IN THE ARCHDIOCESE OF NASSAU OPERATE UNDER THE CONTROL OF ARCHBISHOP PATRICK C. PINDER. CONTROLS ARE IN PLACE BY THE ARCHDIOCESE OF NASSAU AUDIT SUB-COMMITTEE TO ENSURE THAT THE LOCAL REQUIREMENTS IN THE BAHAMAS AND THE UNITED STATES ARE MET AS IT RELATES TO FUNDS RECIEVED BY THE ARCHDIOCESE OF NASSAU. THERE IS ALSO A FINANCE COMMITTEE THAT REVIEWS THE FINANCES OF BOTH THE FOUNDATION AND THE ARCHDIOCESE TO ENSURE PROPER ACCOUNTING AND CONTROLS ARE FOLLOWED. IN ORDER TO ESTABLISH AN ADDITIONAL LEVEL OF CONTROL, THE FOUNDATION HAS AMENDED ITS BYLAWS, AS OF FEBRUARY 2016, TO SPECIFICALLY PROVIDE ABSOLUTE DISCRETION TO THE BOARD OF DIRECTORS TO: A. APPROVE OR REFUSE ALL GRANTS AND PERIODIC ACCOUNTINGS FROM RECIPIENTS TO SHOW HOW ALL FUNDS WERE EXPENDED; B. THE BOARD OF DIRECTORS SHALL REVIEW ALL REQUESTS FOR FUNDS FROM OTHER ORGANIZATIONS, SHALL REQUIRE THAT SUCH REQUESTS SPECIFY THE USE TO WHICH THE FUNDS WILL BE PUT, AND, IF THE BOARD APPROVES THE REQUEST, SHALL AUTHORIZE PAYMENTS OF THE FUNDS TO THE APPROVED GRANTEE; C. THE BOARD SHALL REQUIRE THAT THE GRANTEE FURNISHES A PERIODIC ACCOUNTING TO SHOW THAT THE FUNDS WERE EXPENDED FOR THE PURPOSES APPROVED BY THE BOARD; D. THE BOARD MAY, IN ITS ABSOLUTE DISCRETION, REFUSE TO MAKE ANY GRANTS OR CONTRIBUTIONS OR OTHERWISE RENDER FINANCIAL ASSISTANCE FOR ANY OR ALL PURPOSES FOR WHICH FUNDS WERE REQUESTED; AND E. AFTER THE BOARD HAS APPROVED A GRANT TO AN ORGANIZATION FOR A SPECIFIC PROJECT OR PURPOSE, THE CORPORATION MAY SOLICIT FUNDS FOR THE GRANT TO THE SPECIFICALLY APPROVED PROJECT OR PURPOSE OF THE OTHER ORGANIZATION; AT ALL TIMES, HOWEVER, THE BOARD HAS THE RIGHT TO WITHDRAW APPROVAL OF THE GRANT AND TO USE THE FUNDS FOR OTHER CHARITABLE, SCIENTIFIC, OR EDUCATIONAL PURPOSES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5392556 1074424 394289 1167150 64531 5629588 4826937 128 704487 78169 60827 5392556 4695886 79589 442143 333758 56923 4826937 5582600 40000 -605242 259479 61993 4695886 4698371 350000 947454 350000 63225 5582600 1.0 0.0 0.0 false false Central America and the Caribbean OPERATING EXPENSES FOR PROGRAMS AND SERVICES OF THE ARCHDIOCESE OF NASSAU 1477528 CASH FMV 1 0 false false false false false false true PENSION PAYMENT - RETIRED PRIEST 1 11452 FMV Form 990, Part VI, Line 15 THE SALARIES PAID TO ANY OF THE FOUNDATION'S OFFICERS, DIRECTORS, OR KEY EMPLOYEES ARE PAID BY THE ROMAN CATHOLIC ARCHDIOCESE OF NASSAU. THESE GUIDELINES ARE IN PLACE FOR THE EMPLOYEES OF THE ARCHDIOCESE, BUT ARE ALSO APPLIED TO ANY EMPLOYEES OF THE FOUNDATION. THE PROCESS USED FOR DETERMINING COMPENSATION FOR THESE INDIVIDUALS IS CONDUCTED UNDER THE GUIDELINES SET FORTH BY THE ROMAN CATHOLIC ARCHDIOCESE OF NASSAU. A SALARY SUB-COMMITTEE, AS PART OF THE ARCHDIOCESAN FINANCE COMMITTEE, RECOMMENDS SALARY INCREASES. THESE INCREASES ARE USED AS MINIMUM AND MAXIMUM THRESHOLDS. THE EXACT PERCENTAGE IS THEN DECIDED BY THAT EMPLOYEE'S WORK GROUP AND APPROVED BY THE FOUNDATION'S PRESIDENT. Form 990, Part VI, Line 6 Classes of members or stockholders THE SOLE MEMBER OF THE ORGANIZATION IS THE MOST REVEREND PATRICK C. PINDER, STD, ARCHBISHOP OF THE ROMAN CATHOLIC ARCHDIOCESE OF NASSAU. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE SOLE MEMBER HAS THE POWER TO ELECT OR APPOINT ANY AND ALL MEMBERS OF THE GOVERNING BODY. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE SOLE MEMBER HAS THE FOLLOWING RIGHTS: 1. THE RIGHT TO APPOINT LEGAL COUNSEL; 2. THE RIGHT TO APPOINT THE EXTERNAL AUDITOR; 3. THE RIGHT TO APPROVE THE CAPITAL AND OPERATING BUDGETS; 4. THE RIGHT OF PRIOR APPROVAL OF THE OPERATING PHILOSOPHY OF THE CORPORATION AND ANY PROPOSED CHANGES THERETO; 5. THE RIGHT TO REQUIRE PRIOR EXPRESS WRITTEN APPROVAL OF ANY LEASE, SALE, OR ENCUMBRANCE OF CORPORATE PROPERTY; 6. THE RIGHT TO APPROVE ANY PROPOSED MERGER OR DISSOLUTION OF THE CORPORATION; AND 7. THE RIGHT TO ELECT OR APPOINT ANY AND ALL OFFICERS AND DIRECTORS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FOUNDATION'S FORM 990 IS REVIEWED BY THE PRESIDENT, VICE PRESIDENT, AND TREASURER OF THE FOUNDATION, AS WELL AS BY EXECUTIVE PERSONNEL OF ITS PARENT AND SUPPORTED ORGANIZATION, ROMAN CATHOLIC ARCHDIOCESE OF NASSAU. EACH MEMBER OF THE BOARD OF DIRECTORS WAS PROVIDED WITH A COMPLETE COPY OF THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Line 12c Conflict of interest policy EACH OFFICER, DIRECTOR, TRUSTEE, AND KEY EMPLOYEE IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF THEIR EMPLOYMENT AND POSITION WITH THE ARCHDIOCESE, WHICH IS THE PARENT OF THE FOUNDATION. THE ARCHDIOCESE MONITORS COMPLIANCE WITH ITS CONFLICT-OF-INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE SUBMITTED TO THESE INDIVIDUALS. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. THE QUESTIONNAIRE IS THEN REVIEWED BY THE LEGAL DEPARTMENT TO ENSURE COMPLIANCE WITH THE CONFLICT-OF-INTEREST POLICY. SHOULD A CONFLICT ARISE, THE BOARD WILL VOTE ON POSSIBLE ALTERNATIVES THAT WOULD BE ADVANTAGEOUS TO THE ARCHDIOCESE AND NOT GIVE RISE TO CONFLICTS. IF A CONFLICT IS NOT DISCLOSED, THE INTERESTED PERSON WILL BE SUBJECT TO DISCIPLINARY AND CORRECTIVE ACTIONS. ALL CONFLICTS WILL BE RECORDED IN THE BOARD MEETING MINUTES IN WHICH THEY ARE DISCUSSED. Form 990, Part VI, Line 19 Required documents available to the public THE FOUNDATION MAKES ITS FORM 990 AND FORM 1023 AVAILABLE TO THE PUBLIC BY RETAINING A COPY OF EACH AT THE ADDRESS LISTED ON PAGE 1 OF THIS RETURN. COPIES ARE AVAILABLE UPON REQUEST. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VII, Section A MOST REV. PATRICK C. PINDER AND MS. SHANTA COLEBROOKE, CFO, WERE PAID BY A RELATED ENTITY OUTSIDE THE UNITED STATES AND DID NOT MEET THE FORM W-2 REPORTING REQUIREMENTS IN THE U.S. AS SUCH, AMOUNTS PAID TO THE MOST REV. PATRICK C. PINDER AND MS. SHANTA COLEBROOKE ARE REPORTED IN PART VII, SECTION A, COLUMN (F). Form 990, Part XI, Line 9 Other changes in net assets or fund balances INTER FUND ADJUSTMENTS - 2287949; Total - 2287949; Form 990, Part XII, Line 2b THE ORGANIZATION'S FINANCIAL STATEMENTS FOR THE YEAR ENDED AUGUST 31, 2025 ARE IN THE PROCESS OF BEING AUDITED BY AN INDEPENDENT ACCOUNTANT. ROMAN CATHOLIC ARCHDIOCESE OF NASSAU WEST STREET PO BOX N-8187 NASSAU BF RELIGIOUS BF 501(c)(3) 1 NA false BAHAMAS MISSION OF FLORIDA INC 110 MERRICK WAY SUITE 3-B CORAL GABLES FL 33134 650054842 RELIGIOUS FL 501(c)(3) 1 NA false false true false false false false false false false false false false false false false false false false false