Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1983.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
92 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
17 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Supports and advances Catholic schools' goals and programs in Fairbanks.
Questions for Monroe Foundation INC
Your first name shows with your question. Monroe Foundation INC answers here, for everyone.
Payments to catholic schools of fairbanks for school debt and operating expenses of the grade school (k-6) and JUNIOR/SENIOR high school (7-12). Enrollment is approximately 343.
Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 93-0747034) · Dispute this lineSCHOLARSHIPS/TUITION assistance to attend catholic schools of fairbanks
Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 93-0747034) · Dispute this lineScholarship distributions to universities
Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 93-0747034) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|
| End of yearLn 1g | $798K | $695K | $704K | $866K | $845K |
| AddedLn 1b | $250 | $29K | $123K | ||
| SpentLn 1d–1f | $4K | $14K | $212K | $56K | $191K |
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $186K | $81K |
| InvestmentsLn 11–13 | $1.7M | $1.9M |
| Land, buildings, equipmentLn 10c | $6K | $3K |
| Total assetsLn 16 | $1.9M | $2.0M |
| LiabilitiesLn 26 | $253K | $171K |
| Net assetsLn 32 | $1.6M | $1.8M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $875K | $875K | ||
| Grants to domestic individualsLn 2 | $35K | $35K | ||
| Accounting feesLn 11c | $5K | $5K | ||
| Investment management feesLn 11f | $11K | $11K | ||
| Advertising and promotionLn 12 | $11K | $11K | ||
| Office expensesLn 13 | $39K | $15K | $7K | $18K |
| Information technologyLn 14 | $806 | $806 | ||
| RoyaltiesLn 15 | $12K | $12K | ||
| Conferences, conventions and meetingsLn 19 | $11K | $11K | ||
| InterestLn 20 | $5K | $5K | ||
| Depreciation, depletion and amortizationLn 22 | $3K | $3K | ||
| Other expenses (24a–d)Ln 24 | $10K | $910 | $9K | |
| All other expensesLn 24e | $3K | $2K | $900 | |
| Total functional expensesLn 25 | $1.0M | $936K | $35K | $50K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 LatestFiled with the IRS May 11, 2026 | $1.1M | $839K | $306K | $3.6M | 990 PDF |
| FY2024Filed with the IRS May 21, 2025 | $1.4M | $701K | $666K | $3.2M | 990 PDF |
| FY2023Filed with the IRS May 14, 2024 | $1.5M | $863K | $641K | $2.4M | 990 PDF |
| FY2022 | $1.1M | $1.0M | $58K | $1.6M | 990 PDF |
| FY2021 ViewingFiled with the IRS May 16, 2022 | $1.2M | $1.0M | $173K | $1.8M | 990 PDF |
Schedules filed Part IV
See the full FY2021 990
Part I · Summary $1,194,161 revenue, 12 lines filed
Part VI · Governance 16 of 16 board members independent, 1 to look at
Part VIII · Statement of revenue $1,194,161 across 8 lines filed
Part IX · Statement of functional expenses $1,020,882 across 13 lines filed
Part X · Balance sheet $1,998,558 assets, 14 lines filed
Part XI · Reconciliation of net assets $1,827,796 net assets at year end
Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File
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