2024-05-15T19:09:38-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2022-07-01 842085409 LINCOLN UNIVERSITY FOUNDATION OF PA LINC 4843658000 1570 BALTIMORE PIKE LINCOLN UNIVERSITY PA 193520999 HARRY STINSON EXECUTIVE DIRECTOR 4843658000 2024-05-15 1 HARRY STINSON 999009999 0 LAURA J KENNEY P00202198 6177170831 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z HARRY STINSON 1570 BALTIMORE PIKE LINCOLN UNIVERSITY PA 193520999 846118 0 X WWW.LINCOLN.EDU X 1986 PA THE FOUNDATION MANAGES AND OVERSEES ALL ASPECTS OF FUNDRAISING FOR THE UNIVERSITY 7 4 0 4 0 0 2347540 416213 0 0 201315 429905 0 0 2548855 846118 3468160 2000000 0 0 0 0 0 0 19601 77113 385865 3545273 2385865 -996418 -1539747 19414989 18638665 3472895 4450197 15942094 14188468 X SEE SCHEDULE OTHE LINCOLN UNIVERSITY FOUNDATION OF PENNSYLVANIA IS A SEPARATELY INCORPORATED 501(C)(3) ORGANIZED FOR THE PURPOSE OF SERVING AS A SUPPORTING ORGANIZATION AND FOUNDATION TO LINCOLN UNIVERSITY OF THE COMMONWEALTH SYSTEM OF HIGHER EDUCATION. THE FOUNDATION MANAGES AND OVERSEES ALL ASPECTS OF FUNDRAISING FOR THE UNIVERSITY (INCLUDING BUT NOT LIMITED TO ALUMNI GIVING, CAPITAL CAMPAIGNS, PLANNED GIFTS), THE SCHOLARSHIP PROGRAM FOR THE UNIVERSITY STUDENTS (FROM PRIVATE DONORS), GRANTS TO LINCOLN UNIVERSITY FOR VARIOUS EDUCATIONAL PROGRAMS, FUNDRAISING AND DEVELOPMENT OF RESOURCES TO OVERSEE OTHER UNIVERSITY PROGRAMS AND NEEDS AS REQUESTED BY THE UNIVERSITY. 0 0 2130230 2000000 0 THE FOUNDATION COLLECTS CONTRIBUTIONS AND GIFTS FOR THE BENEFIT OF LINCOLN UNIVERSITY. 2130230 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 4 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 PA X HARRY STINSON 4843658000 1570 BALTIMORE PIKE LINCOLN UNIVERSITY PA 193520999 DR BRENDA ALLEN PRESIDENT 2.50 37.50 X X 0 436092 110467 CHARLES GRADOWSKI VP FOR FINANCE & ADMINISTRATION 2.50 37.50 X X 0 192962 29802 DWIGHT TAYLOR CHAIR 4.00 0.00 X X 0 0 0 PAMELA BUNDY TREASURER 4.00 0.00 X X 0 0 0 DONALD NOTICE SECRETARY 4.00 0.00 X X 0 0 0 GERALD BRUCE DIRECTOR 4.00 0.25 X 0 0 0 AVA WILLIS-BARKSDALE DIRECTOR 2.50 37.50 X 0 226268 30643 0 855322 170912 0 0 1 0 0 416213 416213 429905 429905 846118 0 0 429905 2000000 2000000 55124 55124 77574 77574 103036 103036 LOCAL PROGRAM ACTIVITIE 130230 130230 BANK AND MERCHANT FEES 19601 19601 STATE FEES 300 300 2385865 2130230 236034 19601 1341841 1836123 38867 76682 839122 17195159 16725860 19414989 18638665 4841 85000 3468054 2653718 0 1711479 3472895 4450197 X 14566298 14188468 1375796 0 15942094 14188468 19414989 18638665 -1539747 1665502 -1879381 0 X 0 1 X 1 0 X X X 1 LINCOLN UNIVERSITY 231352655 2 1 2000000 0 1 2000000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART II, SECTION C. FACTS AND CIRCUMSTANCES TEST: ALL REVENUE WAS RECEIVED AS CONTRIBUTIONS TO THE ORGANIZATION. PART IV, SECTION D, LINE 3 THE PRESIDENT OF LINCOLN UNIVERSITY, THE SUPPORTED ORGANIZATION, IS A MEMBER OF THE FOUNDATION'S BOARD OF DIRECTORS. THEREFORE LINCOLN UNIVERSITY HAD A SIGNIFICANT VOICE IN THE FOUNDATION'S INVESTMENT POLICIES AND IN DIRECTING THE USE OF THE FOUNDATION'S INCOME AND ASSETS AT ALL TIMES DURING THE TAX YEAR. SECTION E, LINE 2A THE SOLE PURPOSE OF THE FOUNDATION IS TO RAISE FUNDS AND PROVIDE FINANCIAL SUPPORT TO THE LINCOLN UNIVERSITY. SECTION E, LINE 2B LINCOLN UNIVERSITY WOULD UNDERTAKE THE FUNDRAISING ACTIVITIES WERE IT NOT FOR THE FOUNDATION PROVIDING THIS SERVICE ON ITS BEHALF. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED PARTY 1711479 1711479 2647119 1665502 135499 1801001 846118 0 846118 2521364 135499 135499 2385865 0 2385865 1 LINCOLN UNIVERSITY OF PA 1570 BALTIMORE PIKE LINCOLN UNIVERSITY PA 193520999 231352655 501(C)(3) 2000000 0 N/A N/A SCHOLARSHIPS 1 0 PART I, LINE 2: THE FOUNDATION PROVIDED GRANTS TO LINCOLN UNIVERSITY, ITS SUPPORTED SECTION 501(C)(3) ORGANIZATION. THE BOARD OF TRUSTEES OF LINCOLN UNIVERSITY, WHICH INCLUDES ONE OF THE FOUNDATION'S BOARD MEMBERS, IS RESPONSIBLE FOR ENSURING GRANTS ARE USED FOR PROPER, CHARITABLE AND EDUCATIONAL PURPOSES OF THE UNIVERSITY. 0 0 0 0 0 0 0 0 0 DR BRENDA ALLEN PRESIDENT 0 436092 0 0 0 0 0 30500 0 79967 0 546559 0 0 AVA WILLIS-BARKSDALE DIRECTOR 0 226268 0 0 0 0 0 21075 0 9568 0 256911 0 0 CHARLES GRADOWSKI VP FOR FINANCE & ADMINISTRATION 0 192962 0 0 0 0 0 19380 0 10422 0 222764 0 0 FORM 990, SCHEDULE J, PART I, LINE 3 THE FOUNDATION'S RELATED ORGANIZATION, LINCOLN UNIVERSITY, COMPENSATED CERTAIN OF THE FOUNDATION'S OFFICERS AND TRUSTEES FOR SERVICES PROVIDED TO THE UNIVERSITY. THE UNIVERSITY USES A COMPENSATION COMMITTEE AND INDEPENDENT COMPENSATION CONSULTANT TO REVIEW AND APPROVE THEIR COMPENSATION. FORM 990, PART VI, SECTION A, LINE 2 DR. BRENDA ALLEN, CHARLES GRADOWSKI, AVA WILLIS-BARKSDALE AND GERALD BRUCE HAVE A BUSINESS RELATIONSHIP AMONG EACH OTHER. ALLEN, GRADOWKSI AND WILLIS-BARKSDALE ARE ALSO OFFICERS EMPLOYED BY LINCOLN UNIVERSITY, THE RELATED ORGANIZATION, OF WHICH GERALD BRUCE IS A TRUSTEE. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE BOARD FORM 990, PART VI, SECTION B, LINE 11B COPIES OF THE FORM 990 ARE DISTRIBUTED TO BOARD MEMBERS VIA EMAIL AHEAD OF THE FILING. BOARD MEMBERS ARE ASKED TO REVIEW THE FORM 990 AND RESPOND TO THE FOUNDATION WITH ANY QUESTIONS OR CONCERNS. FORM 990, PART VI, SECTION B, LINE 12C WHENEVER THERE IS A REASON TO BELIEVE THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS BETWEEN THE CORPORATION AND AN INTERESTED PARTY, THE BOARD OF DIRECTORS SHALL DETERMINE THE APPROPRIATE ORGANIZATIONAL RESPONSE. THIS SHALL INCLUDE, BUT NOT NECESSARILY BE LIMITED TO, INVOKING THE PROCEDURES DESCRIBED BELOW WITH RESPECT TO A SPECIFIC PROPOSED ACTION OR TRANSACTION. WHERE THE ACTUAL OF POTENTIAL CONFLICT INVOLVES AN EMPLOYEE OF THE CORPORATION, THE PRESIDENT OF THE BOARD OF DIRECTORS SHALL, IN THE FIRST INSTANCE, BE RESPONSIBLE FOR REVIEWING THE MATTER AND MAY TAKE APPRORIATE ACTION AS NECESSARY TO PROTECT THE INTERESTS OF THE CORPORATION. THE PRESIDENT OF THE BOARD OF DIRECTORS SHALL USE THE "CONFLICT OF INTEREST REVIEW FORM" FOR THIS PURPOSE. THE PRESIDENT OF THE BOARD SHALL REPORT TO THE BOARD THE RESULTS OF ANY REVIEW AND THE ACTION TAKEN. IN THE CASE OF A CONFLICT INVOLVING THE PRESIDENT OF THE BOARD OF DIRECTORS, THE SECRETARY SHALL, IN THE FIRST INSTANCE, BE RESPONSIBLE FOR REVIEWING THE MATTER, AND PROCEDURES SIMILAR TO THE TWO PRECEDING SENTENCES SHALL BE FOLLOWED. IN ANY CASE, THE BOARD SHALL DETERMINE IF ANY FURTHER REVIEW OR ACTION IS REQUIRED, AND USING THE SAME "CONFLICT OF INTEREST REVIEW FORM," DOCUMENT ITS ACTIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. LINCOLN UNIVERSITY 1570 BALTIMORE PIKE LINCOLN UNIVERSITY PA 193520999 231352655 EDUCATION PA 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0