Improved Financial Relationship Model (IFRM)

The intent of the IFRM model is to increase financial stability and improve the financial relationship between parishes and central ministries.  It is the funding mechanism to support the services that the Central Ministries (Central Offices) provide to Parishes.    

Annual support to Central Ministries has the following components: the Catholic Appeal assessment, Net Rental Income Tax and the Central Ministry Tithe.  These components represent the parish’s fair share of support based on their individual base revenue amount and net rental income amount. 

The annual tithe support assists in funding the Cardinal’s office, Communications, Financial Practices and Compliance Services (internal audit), Hospital Chaplaincy, Parish Services, Property Management Services, and the School Investment Fund that provides support to our Catholic schools.

With the Central Ministry Tithe, each parish will be expected to contribute 10% of their base revenue (or 5.3% if there is a parish school) in order to fulfill this tithe obligation.  

With the Net Rental Income Tax, each parish will be expected to contribute 18% of their net rental income (or 13.3% if there is a parish school) in order to fulfill this net rental income tax obligation.    

The Catholic Appeal Assessment (8% of parish base revenue) represents a portion of parish support for Central Ministries.

All property sales are assessed a separate tax of 18% on net proceeds.

If you are interested in learning more about the model please refer to the documents below.  The discussion guide and supporting guidebook and FAQs provide an excellent overview of the IFRM.  Our team is happy to answer any questions you may have.  Contact information is found at the bottom left of this page.  Please note that each region is assigned its own dedicated representative who can answer specific questions related to your parish’s Base Revenue calculation.  We look forward to working with you on an ongoing basis.