2025-05-15T14:58:20-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2023-07-01 842085409 LINCOLN UNIVERSITY FOUNDATION OF PA LINC 4843658000 1570 BALTIMORE PIKE LINCOLN UNIVERSITY PA 193520999 HARRY STINSON EXECUTIVE DIRECTOR 4843658000 2025-05-15 1 0 LAURA J KENNEY P00202198 6177170831 2025-05-15 2023 2025-03-06 01:10:19Z HARRY STINSON 1570 BALTIMORE PIKE LINCOLN UNIVERSITY PA 193520999 5198534 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 416213 944966 0 0 429905 449498 0 7863 846118 1402327 2000000 4562760 0 0 0 0 0 0 0 385865 504851 2385865 5067611 -1539747 -3665284 18638665 16480217 4450197 4157456 14188468 12322761 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 4562760 4562760 0 THE FOUNDATION COLLECTS CONTRIBUTIONS AND GIFTS FOR THE BENEFIT OF LINCOLN UNIVERSITY. 4562760 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 20 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 4 1 0 0 0 0 1 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 AVA WILLIS-BARKSDALE DIRECTOR TO DECEMBER 2023 2.50 37.50 X 0 226268 30643 CHARLES GRADOWSKI VP FOR FINANCE & ADMIN TO DEC 2023 2.50 37.50 X X 0 192962 29802 WILBOURNE RUSERE VP FOR FINANCE & ADMIN AS OF JAN 2024 2.50 37.50 X X 0 0 0 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 HARRY STINSON DIRECTOR 4.00 0.00 X 0 0 0 0 855322 170912 0 0 1 0 0 944966 944966 404114 404114 3841591 3796207 45384 45384 45384 OTHER INCOME 900099 7863 7863 7863 1402327 0 0 457361 4562760 4562760 102659 102659 73705 73705 4656 4656 6875 6875 299706 299706 2000 2000 BANK AND MERCHANT FEES 15175 15175 STATE FEES 75 75 5067611 4562760 504851 0 1836123 639270 76682 63312 28165 16725860 15749470 18638665 16480217 85000 2653718 4129812 1711479 27644 4450197 4157456 X 14188468 11974594 348167 14188468 12322761 18638665 16480217 -3665284 1799577 0 X 0 1 X 1 0 X X X 1 LINCOLN UNIVERSITY 231352655 2 1 4547760 0 1 4547760 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 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. PART IV, SECTION E, LINE 2A: THE SOLE PURPOSE OF THE FOUNDATION IS TO RAISE FUNDS AND PROVIDE FINANCIAL SUPPORT TO LINCOLN UNIVERSITY. PART IV, SECTION E, LINE 2B: LINCOLN UNIVERSITY WOULD UNDERTAKE THE FUNDRAISING ACTIVITIES WERE IT NOT FOR THE FOUNDATION PROVIDING THIS SERVICE ON ITS BEHALF. PART IV, SECTION A, LINE 6: GRANTS TO ORGANIZATIONS, OTHER THAN THE SUPPORTED ORGANIZATION, ARE MADE AT THE DISCRETION OF THE BOARD OF DIRECTORS AND ARE MADE IN THE FURTHERANCE OF THE MISSION OF THE SUPPORTED ORGANIZATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED PARTY 27644 27644 3362781 1799577 160877 1960454 1402327 0 1402327 5228488 160877 160877 5067611 0 5067611 1 LINCOLN UNIVERSITY OF PA 1570 BALTIMORE PIKE LINCOLN UNIVERSITY PA 193520999 231352655 501(C)(3) 4547760 0 N/A N/A OPERATING SUPPORT, SCHOLARSHIPS, WORKS OF ART UNITED NEGRO COLLEGE FUND 718 ARCH STREET SUITE 301 SOUTH PHILADELPHIA PA 19106 131624241 501(C)(3) 15000 0 N/A N/A SUPPORT FOR MASKED BALL 2 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. GRANTS TO OTHER ORGANIZATIONS ARE MADE AT THE DISCRETION OF THE BOARD OF DIRECTORS AND ARE MADE IN THE FURTHERANCE OF THE MISSION OF THE SUPPORTED ORGANIZATION. THE BOARD MEMBERS OF OTHER SECTION 501(C)(3) GRANTEES HAVE THE FIDUCIARY RESPONSIBILITY TO ENSURE THE FUNDS ARE USED FOR CHARITABLE PURPOSES. 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 TO DECEMBER 2023 0 226268 0 0 0 0 0 21075 0 9568 0 256911 0 0 CHARLES GRADOWSKI VP FOR FINANCE & ADMIN TO DEC 2023 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, INDEPENDENT COMPENSATION CONSULTANT, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO REVIEW AND APPROVE THEIR COMPENSATION. FORM 990, PART VI, SECTION A, LINE 2 DR. BRENDA ALLEN, CHARLES GRADOWSKI, AVA WILLIS-BARKSDALE, WILBOURNE RUSERE, AND GERALD BRUCE HAVE A BUSINESS RELATIONSHIP AMONG EACH OTHER. DR. BRENDA ALLEN, CHARLES GRADOWKSI, AVA WILLIS-BARKSDALE, AND WILBOURNE RUSERE ARE ALSO OFFICERS EMPLOYED BY LINCOLN UNIVERSITY, THE RELATED ORGANIZATION, OF WHICH GERALD BRUCE IS A TRUSTEE. FORM 990, PART VI, SECTION A, LINE 7A ONE DIRECTOR IS APPOINTED BY LINCOLN UNIVERSITY, A RELATED 501(C)(3) ORGANIZATION. 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 THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. A COPY IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. 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