FURP.ORG / PUBLIC DATA EXPLORER

DIETRICH FOUNDATION: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
DIETRICH FOUNDATION (EIN 36-4711746)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-14
IRS object ID
202333189349315488
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-11-14T17:59:25-06:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN251467156PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SISTERSON & CO LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1310 GRANT STREET SUITE 2100AddressLine1Txt
CityPITTSBURGHCityNm
State AbbreviationPAStateAbbreviationCd
ZIP15219ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364711746EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DIETRICH FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlDIETBusinessNameControlTxt
Phone4122612766PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1USX TOWER 600 GRANT ST 5360AddressLine1Txt
CityPITTSBURGHCityNm
State AbbreviationPAStateAbbreviationCd
ZIP15219ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonEDWARD J GREFENSTETTEPersonNm
Person TitlePRESIDENT, CEO & CIOPersonTitleTxt
Phone4122612766PhoneNum
Signature2023-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstEDWARDPersonFirstNm
Person LastGREFENSTETTEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL M COMSTOCKPreparerPersonNm
PTINP00474378PTIN
Phone4122812025PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerEDWARD J GREFENSTETTEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1USX TOWER 600 GRANT STREET SUITEAddressLine1Txt
Address Line25360AddressLine2Txt
CityPITTSBURGHCityNm
State AbbreviationPAStateAbbreviationCd
ZIP15219ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$142,318,445GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.DIETRICHFOUNDATION.NETWebsiteAddressTxt
Type Of Organization TrustYes (X)TypeOfOrganizationTrustInd
Formation2011FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionTO BENEFIT HIGHER EDUCATION AND OTHER CHARITABLE PURPOSES BY PROVIDING ONGOING AND INCREASING FINANCIAL SUPPORT TO 13 SUPPORTED ORGANIZATIONS.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee17TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$346,679TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$165,273NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$166,962,550PYInvestmentIncomeAmt
CY Investment Income$82,615,692CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$166,962,550PYTotalRevenueAmt
CY Total Revenue$82,615,692CYTotalRevenueAmt
PY Grants And Similar Paid$32,247,078PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$42,583,863CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$6,125,138PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,981,278CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,086,720PYOtherExpensesAmt
CY Other Expenses$2,908,601CYOtherExpensesAmt
PY Total Expenses$41,458,936PYTotalExpensesAmt
CY Total Expenses$51,473,742CYTotalExpensesAmt
PY Revenues Less Expenses$125,503,614PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$31,141,950CYRevenuesLessExpensesAmt
Total Assets BOY$1,731,016,647TotalAssetsBOYAmt
Total Assets EOY$1,517,931,296TotalAssetsEOYAmt
Total Liabilities BOY$4,972,772TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,414,232TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,726,043,875NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,514,517,064NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE PRIMARY MISSION OF THE DIETRICH FOUNDATION (THE "FOUNDATION") IS TO BENEFIT HIGHER EDUCATION, PRIMARILY IN THE GREATER PITTSBURGH, PENNSYLVANIA AREA, BY PROVIDING ONGOING AND INCREASING FINANCIAL SUPPORT TO CARNEGIE MELLON UNIVERSITY, THE UNIVERSITY OF PITTSBURGH, THIEL COLLEGE, PRINCETON UNIVERSITY, DUQUESNE UNIVERSITY, AND CHATHAM UNIVERSITY. THE FOUNDATION SHALL ALSO FURTHER CHARITABLE PURPOSES IN WESTERN PENNSYLVANIA BY PROVIDING ONGOING AND INCREASING FINANCIAL SUPPORT TO OTHER ORGANIZATIONS. SEE SCHEDULE A, PART I, FOR A COMPLETE LIST OF SUPPORTED ORGANIZATIONS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$45,469,141ExpenseAmt
Grant$42,583,863GrantAmt
DescPER THE DECLARATION OF TRUST DATED AUGUST 23, 2011 OF WILLIAM S. DIETRICH II REVOCABLE TRUST AND THE DIETRICH FOUNDATION (THE "TRUST"), THE FOUNDATION DISTRIBUTES ANNUALLY, OR MORE FREQUENTLY, AN AMOUNT FROM NET INCOME EQUAL TO SUBSTANTIALLY ALL (AT LEAST 85%) OF ITS ANNUAL NET INCOME (AS DEFINED IN THE TRUST). IN THE EVENT THAT THE TOTAL AMOUNT DISTRIBUTED ANNUALLY UNDER THIS REQUIREMENT SHOULD CONSISTENTLY FALL BELOW A RATE OF 3%, THE ANNUAL DISTRIBUTION AMOUNT WILL APPROXIMATE 3% OF THE FAIR VALUE OF THE FOUNDATION'S ASSETS (NET OF ACQUISITION INDEBTEDNESS) AS DETERMINED ON JANUARY 1 OF EACH YEAR. IN MAY 2022, THE FOUNDATION MADE ITS ANNUAL DISTRIBUTION TO ITS SUPPORTED ORGANIZATIONS EQUAL TO 3.0% OF NET ASSETS AS CALCULATED AT JANUARY 1, 2021.Desc
Total Program Service Expenses$45,469,141TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document7IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee17EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind0Form8899Filedind
Form1098 C Filed0Form1098CFiledInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (1)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonNANCY WATSONPersonNm
Phone4122612766PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1600 GRANT STREET SUITE 5360AddressLine1Txt
CityPITTSBURGHCityNm
State AbbreviationPAStateAbbreviationCd
ZIP15219ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
EDWARD J GREFENSTETTE
COMMUNITY TRUSTEE, PRESIDE40.00Yes (X)Yes (X)$2,134,476$0$1,854,743
MARK J LASKOW
COMMUNITY TRUSTEE/CHAIRMAN1.00Yes (X)$25,000$0$0
JAMES E ROHR
EDUCATIONAL TRUSTEE1.00Yes (X)$25,000$0$0
ERIC C JOHNSON
EDUCATIONAL TRUSTEE1.00Yes (X)$50,000$0$0
PATRICK GALLAGHER
EDUCATIONAL TRUSTEE1.00Yes (X)$25,000$679,385$139,96940.00
FARNAM JAHANIAN
EDUCATIONAL TRUSTEE1.00Yes (X)$25,000$1,919,046$92,16140.00
SUSAN TRAVERSO
EDUCATIONAL TRUSTEE1.00Yes (X)$25,000$334,713$71,13540.00
EVA BLUM
COMMUNITY TRUSTEE1.00Yes (X)$25,000$0$0
ANNE DIETRICH DIEMER
COMMUNITY TRUSTEE1.00Yes (X)$0$0$0
RYAN L VACCARO
MANAGING DIRECTOR40.00$723,305$0$539,014Yes (X)
MATTHEW W ROZYCZKA
MANAGING DIRECTOR40.00$381,620$0$22,270Yes (X)
LEE S TILGHMAN
MANAGING DIRECTOR40.00$641,331$0$503,114Yes (X)
NANCY A WATSON
VICE PRESIDENT OF FINANCE40.00$309,074$0$208,869Yes (X)
MATTHEW E CUNNINGHAM
MANAGING DIRECTOR40.00$277,623$0$173,853Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,667,429TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$2,933,144TotReportableCompRltdOrgAmt
Total Other Compensation$3,605,128TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ACADIAN ASSET MANAGEMENTBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1260 FRANKLIN STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02110ZIPCd
FieldValueIRS element (for citing)
ServicesINVESTMENT MANAGEMENTServicesDesc
Compensation$511,855CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,051,890TotalRevenueColumnAmt
Unrelated Business Revenue$299,366UnrelatedBusinessRevenueAmt
Exclusion$5,752,524ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$136,266,555SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$59,702,753SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$76,563,802SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$76,563,802TotalRevenueColumnAmt
Unrelated Business Revenue$47,313UnrelatedBusinessRevenueAmt
Exclusion$76,516,489ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$82,615,692TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$346,679UnrelatedBusinessRevenueAmt
Exclusion$82,269,013ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$42,583,863TotalAmt
Program Services$42,583,863ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$5,261,107TotalAmt
Program Services$1,841,387ProgramServicesAmt
Management And General$3,419,720ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$492,735TotalAmt
Program Services$172,457ProgramServicesAmt
Management And General$320,278ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$24,352TotalAmt
Program Services$8,523ProgramServicesAmt
Management And General$15,829ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$40,302TotalAmt
Program Services$14,106ProgramServicesAmt
Management And General$26,196ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$162,782TotalAmt
Program Services$56,974ProgramServicesAmt
Management And General$105,808ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$36,947TotalAmt
Management And General$36,947ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$76,126TotalAmt
Program Services$38,063ProgramServicesAmt
Management And General$38,063ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$595,208TotalAmt
Program Services$297,604ProgramServicesAmt
Management And General$297,604ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$34,139TotalAmt
Program Services$15,720ProgramServicesAmt
Management And General$18,419ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$36,186TotalAmt
Program Services$18,093ProgramServicesAmt
Management And General$18,093ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$72,082TotalAmt
Program Services$36,041ProgramServicesAmt
Management And General$36,041ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$149,302TotalAmt
Program Services$74,651ProgramServicesAmt
Management And General$74,651ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$199,795TotalAmt
Management And General$199,795ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$135,205TotalAmt
Management And General$135,205ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$261,321TotalAmt
Program Services$261,321ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$45,666TotalAmt
Program Services$14,015ProgramServicesAmt
Management And General$31,651ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$69,408TotalAmt
Program Services$4,465ProgramServicesAmt
Management And General$64,943ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
STATE AND FOREIGN TAXES$816,174$0$816,174
UBTI TAX EXPENSE$250,074$0$250,074
DUES AND SUBSCRIPTIONS$49,834$0$49,834
BROKER'S COMMISSIONS$42,582$21,291$21,291

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$38,552TotalAmt
Program Services$10,567ProgramServicesAmt
Management And General$27,985ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$51,473,742TotalAmt
Program Services$45,469,141ProgramServicesAmt
Management And General$6,004,601ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,456,996BOYAmt
EOY$1,873,141EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$73,347,128BOYAmt
EOY$4,320,400EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$168,162LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$114,119LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$61,692BOYAmt
EOY$54,043EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$74,516,837BOYAmt
EOY$81,692,120EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$1,578,285,025BOYAmt
EOY$1,428,217,690EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,348,969BOYAmt
EOY$1,773,902EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,731,016,647BOYAmt
EOY$1,517,931,296EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$520,272BOYAmt
EOY$545,512EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,452,500BOYAmt
EOY$2,868,720EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,972,772BOYAmt
EOY$3,414,232EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,726,043,875BOYAmt
EOY$1,514,517,064EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,726,043,875BOYAmt
EOY$1,514,517,064EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,731,016,647BOYAmt
EOY$1,517,931,296EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$31,141,950ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$242,668,761NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations13SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (13 entries)

EINEINOrganization TypeOrganizationTypeCdGoverning Document ListedGoverningDocumentListedIndSupportSupportAmtOther SupportOtherSupportAmt
CARNEGIE MELLON UNIVERSITY
2509694492Yes (1)$22,782,365$0
UNIVERSITY OF PITTSBURGH
2509655912Yes (1)$10,645,965$0
THIEL COLLEGE
2509655762Yes (1)$2,129,193$0
PRINCETON UNIVERSITY
2106345012Yes (1)$1,277,516$0
DUQUESNE UNIVERSITY OF THE HOLY SPIRIT
2510356632Yes (1)$1,064,597$0
CHATHAM UNIVERSITY
2507178902Yes (1)$425,839$0
THE PITTSBURGH FOUNDATION
2509654668Yes (1)$1,543,665$0
UNITED WAY OF SOUTHWESTERN PENNSYLVANIA
2510435787Yes (1)$585,528$0
CARNEGIE INSTITUTE
2509652807Yes (1)$425,839$0
LAUREL HIGHLANDS COUNCIL BOY SCOUTS OF AMERICA
2509652147Yes (1)$425,839$0
HISTORICAL SOCIETY OF WESTERN PENNSYLVANIA
2509653917Yes (1)$425,839$0
PITTSBURGH SYMPHONY INC
2509860527Yes (1)$425,839$0
PITTSBURGH TRUST FOR CULTURAL RESOURCES
2514690027Yes (1)$425,839$0
FieldValueIRS element (for citing)
Supported Organizations Total13SupportedOrganizationsTotalCnt
Support Sum$42,583,863SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt OrgYes (1)OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, SECTION B. TYPE I SUPPORTING ORGANIZATIONS, LINE 2FormAndLineReferenceDesc
ExplanationTHE FOUNDATION IS CONTROLLED BY CARNEGIE MELLON UNIVERSITY, THE UNIVERSITY OF PITTSBURGH, AND THIEL COLLEGE BY REASON OF THEIR COLLECTIVE POWER TO APPOINT A MAJORITY OF THE SEATS ON THE BOARD OF TRUSTEES OF THE FOUNDATION. THREE OF THE NONCONTROLLING SUPPORTED ORGANIZATIONS ARE ALSO INSTITUTIONS OF HIGHER EDUCATION. THE REMAINING ORGANIZATIONS ASSIST AND CARRY OUT THE PURPOSES OF THE CONTROLLING SUPPORTED ORGANIZATIONS BY PROVIDING CULTURAL, SOCIAL, AND EDUCATIONAL SERVICES THAT ENHANCE THE VIBRANCY AND ECONOMY OF THE WESTERN PENNSYLVANIA REGION FROM WHICH THE CONTROLLING ORGANIZATIONS DRAW CONSTITUENCY.ExplanationTxt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$85,152OtherCostOrOtherBasisAmt
Depreciation$42,306DepreciationAmt
Book Value$42,846BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$83,010OtherCostOrOtherBasisAmt
Depreciation$71,813DepreciationAmt
Book Value$11,197BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$54,043TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
PRIVATE EQUITY LIMITED PARTNERSHIPS$1,389,723,521F
HEDGE FUND INVESTMENTS$38,494,169F
FieldValueIRS element (for citing)
Total Book Value Securities$1,428,217,690TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
ACCRUED PAYROLL$131,898
FSA BENEFITS WH$561
457F ACCRUAL$2,736,261
FieldValueIRS element (for citing)
Total Liability$2,868,720TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt-$165,979,293TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$242,668,761NetUnrealizedGainsInvstAmt
Revenue Not Reported-$242,668,761RevenueNotReportedAmt
Revenue Subtotal$76,689,468RevenueSubtotalAmt
Investment Expenses Not Incld$5,926,224InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$5,926,224RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$82,615,692TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$45,547,518TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$45,547,518ExpensesSubtotalAmt
Investment Expenses Not Incld2$5,926,224InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$5,926,224ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$51,473,742TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR FINANCIAL STATEMENT RECOGNITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON RECOGNITION, DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING FOR INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2022 BASED ON CURRENT FACTS AND CIRCUMSTANCES. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES WOULD BE INCLUDED IN OPERATING EXPENSE IF INCURRED BY THE ORGANIZATION. THE OPEN AUDIT PERIODS ARE 2019 THROUGH 2022.ExplanationTxt

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND CARIBBEANINVESTMENT$647,076,026
NORTH AMERICAINVESTMENT$19,280,017
SUB-SAHARAN AFRICAINVESTMENT$55,421,234
EAST ASIA AND THE PACIFICINVESTMENT$20,073,494
EUROPEINVESTMENT$35,209,491
SOUTH AMERICAINVESTMENT$10,252,337
SOUTH ASIAINVESTMENTS$5,537,389
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$792,849,988SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$792,849,988TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III ACCOUNTING METHOD:FormAndLineReferenceDesc

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (13 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
CARNEGIE MELLON UNIVERSITY
5000 FORBES AVE WARNER HALL 6PITTSBURGHPA152133890250969449501(C)(3)$22,782,365$0STEM, SCHOLARSHIPS, SCIENCE PROGRAMS, FACULTY NEEDS
UNIVERSITY OF PITTSBURGH
116 ATWOOD STREET SUITE 201PITTSBURGHPA152600100250965591501(C)(3)$10,645,965$0ENTREPRENEUR PROGRAM AND GRADUATE AND UNDERGRADUATE STUDENT SUPPORT
THIEL COLLEGE
75 COLLEGE AVENUEGREENVILLEPA16125250965576501(C)(3)$2,129,193$0HONORS COLLEGE CURRICULUM
PRINCETON UNIVERSITY
701 CARNEGIE CENTER SUITE 445PRINCETONNJ08540210634501501(C)(3)$1,277,516$0SCHOLARSHIPS/ECONOMICS
DUQUESNE UNIVERSITY
600 FORBES AVENUEPITTSBURGHPA152820226251035663501(C)(3)$1,064,597$0DEANSHIP OF SCHOOL OF OSTEOPATHIC MEDICINE
CHATHAM UNIVERSITY
WOODLAND ROADPITTSBURGHPA15232250717890501(C)(3)$425,839$0FACULTY DEVELOPMENT
THE PITTSBURGH FOUNDATION COMMUNITY FUND
FIVE PPG PLACE NO 250PITTSBURGHPA152225401250965466501(C)(3)$1,543,665$0COMMUNITY SUPPORT GENERATION
UNITED WAY OF SOUTHWESTERN PENNSYLVANIA
1250 PENN AVENUE PO BOX 735PITTSBURGHPA152224258251043578501(C)(3)$585,528$0CHILDREN & YOUTH PROGRAMS
CARNEGIE INSTITUTE
4400 FORBES AVENUEPITTSBURGHPA152134080250965280501(C)(3)$425,839$0TECHNOLOGY INITIATIVES
BOY SCOUTS LAUREL HIGHLANDS COUNCIL
1275 BEDFORD AVE FLAG PLAZAPITTSBURGHPA152193645250965214501(C)(3)$425,839$0STEM SCOUTING PROGRAM
HISTORICAL SOCIETY OF WESTERN PENNSYLVANIA
1212 SMALLMAN STREETPITTSBURGHPA152224200250965391501(C)(3)$425,839$0EXHIBITIONS AND EDUCATION
PITTSBURGH SYMPHONY INC
HEINZ HALL 600 PENN AVENUEPITTSBURGHPA15222250986052501(C)(3)$425,839$0COMMUNITY ENGAGEMENT
PITTSBURGH CULTURAL TRUST
803 LIBERTY AVENUEPITTSBURGHPA152223703251469002501(C)(3)$425,839$0THEATRE PERFORMANCES

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
EDWARD J GREFENSTETTE
COMMUNITY TRUSTEE, PRESIDE$789,908$0$1,087,500$0$257,068$0$1,825,333$0$29,410$0$3,989,219$0$1,337,240$0
FARNAM JAHANIAN
EDUCATIONAL TRUSTEE$25,000$1,134,646$0$400,000$0$384,400$0$24,400$0$67,761$25,000$2,011,207$0$0
RYAN L VACCARO
MANAGING DIRECTOR$352,000$0$290,000$0$81,305$0$517,404$0$21,610$0$1,262,319$0$365,537$0
LEE S TILGHMAN
MANAGING DIRECTOR$335,000$0$250,000$0$56,331$0$480,204$0$22,910$0$1,144,445$0$300,563$0
PATRICK GALLAGHER
EDUCATIONAL TRUSTEE$25,000$664,355$0$0$0$15,030$0$34,800$0$105,169$25,000$819,354$0$0
NANCY A WATSON
VICE PRESIDENT OF FINANCE$182,000$0$85,000$0$42,074$0$189,798$0$19,071$0$517,943$0$127,024$0
MATTHEW E CUNNINGHAM
MANAGING DIRECTOR$276,167$0$0$0$1,456$0$169,380$0$4,473$0$451,476$0$0$0
SUSAN TRAVERSO
EDUCATIONAL TRUSTEE$25,000$250,000$0$76,313$0$8,400$0$20,000$0$51,135$25,000$405,848$0$0
MATTHEW W ROZYCZKA
MANAGING DIRECTOR$68,718$0$240,000$0$72,902$0$17,750$0$4,520$0$403,890$0$311,969$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AEMPLOYEES TRAVELING ON FOUNDATION BUSINESS ARE PERMITTED TO FLY FIRST CLASS ON OVERSEAS FLIGHTS EXCEEDING 12 CONSECUTIVE HOURS. ALL OTHER AIRLINE TRAVEL MUST BE BOOKED AT THE MOST ECONOMICAL TRAVEL AVAILABLE THAT IS REASONABLE AND EFFICIENT TO THE INTENDED PURPOSE OF THE TRAVEL. CHARTER FLIGHTS ARE NOT PERMITTED. MEMBERSHIP IN A DOWNTOWN SOCIAL CLUB IS MADE AVAILABLE TO THE PRESIDENT/CEO/CIO AND MANAGING DIRECTORS TO PROVIDE AN APPROPRIATE MEETING PLACE FOR FOUNDATION BUSINESS AND FOR ACCOMMODATING FOUNDATION GUESTS. EXPENSES INCURRED FOR PERSONAL USE OF THE CLUB ARE DOCUMENTED BY THE EMPLOYEE AND ARE NOT REIMBURSED BY THE FOUNDATION.
PART I, LINE 4BEFFECTIVE JANUARY 1, 2014, THE FOUNDATION ESTABLISHED A DEFERRED COMPENSATION PROGRAM FOR THE PRESIDENT/CEO/CIO AND A BONUS PROGRAM FOR OTHER ELIGIBLE EMPLOYEES, BOTH AS SET FORTH IN CODE SECTION 457(F) OF THE INTERNAL REVENUE CODE. THE FOLLOWING BENEFIT AMOUNTS WERE ACCRUED FOR THE YEAR ENDED DECEMBER 31, 2022: EDWARD J. GREFENSTETTE 667,033 MATTHEW W. ROZYCZKA * 100,273 RYAN L. VACCARO 182,304 LEE S. TILGHMAN 160,404 NANCY A. WATSON 82,799 TOTAL 1,192,793 * FORFEITURE RELATED TO VOLUNTARY SEPARATION FROM SERVICE TOTALED $366,075.
PART I, LINE 7EMPLOYEES ARE ENTITLED TO A PERFORMANCE BONUS DETERMINED ANNUALLY AND BASED ON PERFORMANCE REVIEWS. THE AMOUNT OF THE BONUS ACTUALLY PAID IS DISCRETIONARY. THE CEO DETERMINES THE AMOUNT OF EACH EMPLOYEE'S RECOMMENDED BONUS. THE BONUS OF THE CEO IS APPROVED BY THE BOARD OF TRUSTEES BASED ON THE RECOMMENDATION OF THE COMPENSATION COMMITTEE FOLLOWING ITS ANNUAL PERFORMANCE REVIEW OF THE CEO AND CONSIDERATION OF A REASONABLENESS OPINION FROM AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTANT.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2ERIC C. JOHNSON AND EDWARD GREFENSTETTE HAVE A BUSINESS RELATIONSHIP.
FORM 990, PART VI, SECTION A, LINE 7ATHE FOUNDATION IS ADMINISTERED BY NINE TRUSTEES. FIVE(5) OF THE NINE(9) TRUSTEES ARE EDUCATIONAL INSTITUTION TRUSTEES APPOINTED BY THE CONTROLLING SUPPORTED ORGANIZATION AS FOLLOWS: TWO(2) BY CARNEGIE MELLON UNIVERSITY, TWO(2) BY THE UNIVERSITY OF PITTSBURGH, AND ONE (1) BY THIEL COLLEGE AT THE DISCRETION OF THE CHIEF EXECUTIVE OF EACH INSTITUTION. THE REMAINING FOUR(4) TRUSTEES ARE COMMUNITY TRUSTEES. IN THE EVENT OF A VACANCY IN THE OFFICE OF THE COMMUNITY TRUSTEES, A MAJORITY OF THE COMMUNITY TRUSTEES REMAINING IN OFFICE SHALL HAVE THE POWER TO APPOINT A SUCCESSOR TO FILL THE VACANCY.
FORM 990, PART VI, SECTION B, LINE 11BTHE FOUNDATION VICE PRESIDENT OF FINANCE IS RESPONSIBLE FOR GATHERING RELEVANT INFORMATION AND PREPARING A DRAFT OF THE ANNUAL FORM 990. ONCE THE FORM IS IN DRAFT STATUS, IT IS REVIEWED AND COMPLETED BY THE FOUNDATION'S INDEPENDENT ACCOUNTING FIRM. THE DRAFT FORM IS THEN PROVIDED TO THE FOUNDATION'S PRESIDENT/CEO/CIO AND AUDIT COMMITTEE FOR REVIEW AND COMMENT. A COMPLETED COPY OF THE FORM IS PROVIDED TO THE BOARD OF TRUSTEES TO REVIEW PRIOR TO FIING.
FORM 990, PART VI, SECTION B, LINE 12CMEMBERS OF THE BOARD OF TRUSTEES AND KEY EMPLOYEES COMPLETE CONFLICT OF INTEREST POLICY STATEMENTS ON AN ANNUAL BASIS. THESE STATEMENTS ARE REVIEWED BY THE FOUNDATION PRESIDENT/CEO/CIO AND MAINTAINED BY HIS EXECUTIVE ASSISTANT. ALL TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE CONFLICTS IF THEY ARISE DURING THE YEAR.
FORM 990, PART VI, SECTION B, LINE 15THE COMPENSATION COMMITTEE ANNUALLY REVIEWS AND RECOMMENDS TO THE BOARD OF TRUSTEES APPROVAL OF THE PRESIDENT/CEO/CIO'S SALARY AND BENEFITS PACKAGE. THE COMPENSATION COMMITTEE OBTAINS ANALYSIS FROM AN INDEPENDENT EXECUTIVE COMPENSATION CONSULTANT WHO UTILIZES BENCHMARKING DATA FROM ORGANIZATIONS OF SIMILAR TYPE AND COMPLEXITY FOR FUNCTIONALLY COMPARABLE POSITIONS AND PROVIDES A WRITTEN REASONABLENESS OPINION. THE COMPENSATION COMMITTEE, IN CONSULTATION WITH THE CHAIRMAN OF THE BOARD OF TRUSTEES, CONDUCTS A PERFORMANCE EVALUATION OF THE PRESIDENT/CEO/CIO. THE COMPENSATION COMMITTEE SHARES THE RESULTS OF THIS EVALUATION WITH THE BOARD OF TRUSTEES AND MAKES A RECOMMENDATION TO THE TRUSTEES REGARDING ANNUAL COMPENSATION AND BENEFITS. APPROVAL OF THE COMPENSATION AND BENEFITS PACKAGE FOR THE PRESIDENT/CEO/CIO IS FORMALIZED BY RESOLUTION OF THE BOARD OF THE TRUSTEES.
FORM 990, PART VI, SECTION C, LINE 19THE INFORMATION IS AVAILABLE UPON REQUEST OF THE PRESIDENT/CEO/CIO AND/OR THE VICE PRESIDENT OF FINANCE.
FORM 990, PART VII, SECTION A, LINE 1BTHE PRESIDENT/CEO/CIO AND HIGHLY-COMPENSATED EMPLOYEES ARE EMPLOYED ON A FULL-TIME, 40-HOUR/WEEK SCHEDULE. DUE TO THE NATURE OF THEIR POSITIONS, HOWEVER, THEIR AVERAGE WORKING HOURS PER WEEK WILL FREQUENTLY, AND MAY SUBSTANTIALLY, EXCEED A TYPICAL 40-HOUR WEEK.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (13 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
CARNEGIE MELLON UNIVERSITY
5000 FORBES AVENUE WARNER HALL 6PITTSBURGHPA152133890250969449SUPPORTED ORGANIZATIONPA501(C)(3)LINE 2N/A0
UNIVERSITY OF PITTSBURGH
116 ATWOOD STREET SUITE 201PITTSBURGHPA152600100250965591SUPPORTED ORGANIZATIONPA501(C)(3)LINE 2N/A0
THIEL COLLEGE
75 COLLEGE AVENUEGREENVILLEPA16125250965576SUPPORTED ORGANIZATIONPA501(C)(3)LINE 2N/A0
PRINCETON UNIVERSITY
701 CARNEGIE CENTER SUITE 445PRINCETONNJ08540210634501SUPPORTED ORGANIZATIONNJ501(C)(3)LINE 2N/A0
DUQUESNE UNIVERSITY OF THE HOLY SPIRIT
600 FORBES AVENUEPITTSBURGHPA152820226251035663SUPPORTED ORGANIZATIONPA501(C)(3)LINE 2N/A0
CHATHAM UNIVERSITY
WOODLAND ROADPITTSBURGHPA15232250717890SUPPORTED ORGANIZATIONPA501(C)(3)LINE 2N/A0
THE PITTSBURGH FOUNDATION
FIVE PPG PLACE NO 250PITTSBURGHPA152225401250965466SUPPORTED ORGANIZATIONPA501(C)(3)LINE 8N/A0
UNITED WAY OF SOUTHWESTERN PENNSYLVANIA
1250 PENN AVENUE PO BOX 735PITTSBURGHPA152224258251043578SUPPORTED ORGANIZATIONPA501(C)(3)LINE 7N/A0
CARNEGIE INSTITUTE
4400 FORBES AVENUEPITTSBURGHPA152134080250965280SUPPORTED ORGANIZATIONPA501(C)(3)LINE 7N/A0
LAUREL HIGHLANDS COUNCIL BOY SCOUTS OF AMERICA
1275 BEDFORD AVENUE FLAG PLAZAPITTSBURGHPA152193645250965214SUPPORTED ORGANIZATIONPA501(C)(3)LINE 7N/A0
HISTORICAL SOCIETY OF WESTERN PENNSYLVANIA
1212 SMALLMAN STREETPITTSBURGHPA152224200250965391SUPPORTED ORGANIZATIONPA501(C)(3)LINE 7N/A0
PITTSBURGH SYMPHONY INC
HEINZ HALL 600 PENN AVENUEPITTSBURGHPA15222250986052SUPPORTED ORGANIZATIONPA501(C)(3)LINE 7N/A0
PITTSBURGH TRUST FOR CULTURAL RESOURCES
803 LIBERTY AVENUEPITTSBURGHPA152223703251469002SUPPORTED ORGANIZATIONPA501(C)(3)LINE 7N/A0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (13 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
CARNEGIE MELLON UNIVERSITY
B$22,782,365CASH
UNIVERSITY OF PITTSBURGH
B$10,645,965CASH
THIEL COLLEGE
B$2,129,193CASH
PRINCETON UNIVERSITY
B$1,277,516CASH
DUQUESNE UNIVERSITY OF THE HOLY SPIRIT
B$1,064,597CASH
CHATHAM UNIVERSITY
B$425,839CASH
THE PITTSBURGH FOUNDATION
B$1,543,665CASH
UNITED WAY OF SOUTHWESTERN PENNSYLVANIA
B$585,528CASH
CARNEGIE INSTITUTE
B$425,839CASH
LAUREL HIGHLANDS COUNCIL BOY SCOUTS OF AMERICA
B$425,839CASH
HISTORICAL SOCIETY OF WESTERN PENNSYLVANIA
B$425,839CASH
PITTSBURGH SYMPHONY INC
B$425,839CASH
PITTSBURGH TRUST FOR CULTURAL RESOURCES
B$425,839CASH