Franciscan Foundation for the Holy Land

What it reported doing in 2024

Educational programs: to assist christians in the holy land, ffhl pays the cost of a college education for select christian students who are economically marginalized and who maintain a "b" average throughout high school. Scholarships are available to any christian student applying for a four year college program in the holy land. Scholarship recipients are chosen by the ffhl scholarship board comprised of four u.s.-based college professors. Tuition is contingent upon receipt and validation of the student's acceptance letter from the university. The student begins their studies in the fall and the payment for their school tuition commences. Since the inception of this program, the foundation has disbursed $8,486,277 for college scholarships.the foundation also provides financial support to defray the cost of tuition of children in low-income families. In 2024, the child sponsorship program provided the tuition for 6th to 12th grade economically marginalized students in the holy land who would otherwise not be receiving an education. Since the inception of this program, the foundation has provided $1,475,000 in funding for their education.last, the foundation provides educational grants for clerical, ofm education; vocational; music and other disciplines of needy students in the holy land.

Financial Efficiency

• Mission deployment rate: 65.2%; rating input score 65
• Program expense ratio: 84.2%; rating input score 84
• Fundraising efficiency: $27.19 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: 1 of 8 controls in place; rating input score 12
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Limited
  • Conducts field audits: Limited
  • May suspend future funding: Limited
  • Requires financial reports: Limited
  • Conducts site visits: Limited
  • Requires grant agreements: Limited
  • May require repayment: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 94.4%; rating input score 94; 25th percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 26.3%; rating input score 82; 82nd percentile among comparable filings
• Total-asset coverage ratio: 3.26; rating input score 76; 76th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 90; 90th percentile among comparable filings
• Officer compensation ratio: 0.3%; rating input score 82; 82nd percentile among comparable filings

Growth

• Program expense growth: 7.1% per year; rating input score 100; 51st percentile among comparable filings
• Revenue growth: 8.4% per year; rating input score 100; 62nd percentile among comparable filings
• Asset growth: 13.6% per year; rating input score 100; 71st percentile among comparable filings