2023-11-15T05:36:06-06:00 2022-12-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2022-01-01 204393147 THE JACK G BUNCHER CHARITABLE FUND FOR THE PITTSBURGH FOUNDATION JACK 4123915122 FIVE PPG PLACE 250 PITTSBURGH PA 152225401 JONATHAN BRELSFORD TREASURER 4123915122 2023-11-14 1 JONATHAN BRELSFORD 999009999 0 SUSAN M KIRSCH P00341397 4122613644 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ELISABETH SCHROEDER FIVE PPG PLACE 250 PITTSBURGH PA 152225401 1302436 0 X N/A X 2007 PA TO SUPPORT THE PITTSBURGH FOUNDATION. 7 4 0 4 0 0 500000 500000 0 0 754686 793455 0 0 1254686 1293455 1500000 1600000 0 0 0 0 0 0 0 1447 2208 1501447 1602208 -246761 -308753 10895175 9651516 1500000 650000 9395175 9001516 THE JACK G. BUNCHER CHARITABLE FUND BENEFITS, PERFORMS THE FUNCTIONS OF, AND CARRIES OUT THE PURPOSES OF THE PITTSBURGH FOUNDATION ("TPF"), BY MAKING GRANTS TO CHARITABLE ORGANIZATIONS AND FOR CHARITABLE PURPOSES THAT FURTHER THE EXPRESS PURPOSES OF TPF. 0 0 1600000 1600000 DURING 2022, THE JACK G. BUNCHER CHARITABLE FUND APPROVED GRANTS TOTALING $1,600,000 IN ITS EFFORTS TO SUPPORT THE PITTSBURGH FOUNDATION. 1600000 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 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 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 PA X JONATHAN BRELSFORD SVP FINANCEINV 4123942628 FIVE PPG PLACE SUITE 250 PITTSBURGH PA 152225401 ELISABETH SCHROEDER PRESIDENT 0.50 52.00 X X 0 597259 67065 JONATHAN BRELSFORD TREASURER 0.50 42.00 X X 0 276572 64223 KELLY URANKER VICE PRES/SECRETARY 0.50 41.00 X X 0 133490 27546 THOMAS J BALESTRIERI DIRECTOR 0.50 0.00 X 0 0 0 ESTELLE F COMAY DIRECTOR 0.50 1.00 X 0 0 0 WILLIAM DORING EXITED 112822 DIRECTOR 0.50 0.00 X 0 0 0 JOE JACKOVIC ENTERED 12622 DIRECTOR 0.50 0.00 X 0 0 0 HOWARD RIEGER ENTERED 12622 DIRECTOR 0.50 0.00 X 0 0 0 0 1007321 158834 0 0 1 0 0 500000 500000 802436 802436 8981 -8981 -8981 -8981 1293455 0 0 793455 1600000 1600000 2208 2208 1602208 1600000 2208 0 10895175 9651516 10895175 9651516 1500000 650000 1500000 650000 X 9395175 9001516 9395175 9001516 10895175 9651516 -308753 -84906 0 X X 0 1 X 1 0 X X X 1 THE PGH FDN 250965466 8 1 1600000 2208 1 1600000 2208 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION B, LINE 1: FOUR OF THE SEVEN TRUSTEES ARE APPOINTED BY THE SUPPORTED ORGANIZATION, THE PITTSBURGH FOUNDATION. OF THE APPOINTED TRUSTEES, THREE OF THE SEVEN ARE EMPLOYEES OF THE PITTSBURGH FOUNDATION. IN THEIR ROLES AS EMPLOYEES OF THE PITTSBURGH FOUNDATION, THE HIGHEST LEVEL OF OVERSIGHT AND MANAGEMENT OF THE SUPPORTING ORGANIZATION IS PROVIDED AS PART OF THEIR DUTIES. THE MISSION OF THE JACK G. BUNCHER CHARITABLE TRUST IS ALIGNED WITH THE MISSION OF THE PITTSBURGH FOUNDATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE FROM RELATED ENTITY 544398 INVESTMENT IN LEGACY FUNDS 9107118 9651516 X 1206341 -84906 -84906 1291247 2208 2208 1293455 1600000 0 1600000 2208 2208 1602208 PART X, LINE 2: THE FOUNDATION ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH PROVIDES CRITERIA FOR THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE REQUIRES THAT AN UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION IS NOT SUSTAINABLE BASED ON ITS TECHNICAL MERITS. RECOGNIZABLE TAX POSITIONS SHOULD THEN BE MEASURED TO DETERMINE THE AMOUNT OF BENEFIT OR LIABILITY RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE FOUNDATION FILES U.S. FEDERAL AND STATE INFORMATION RETURNS, AND NO RETURNS ARE CURRENTLY UNDER EXAMINATION. THE STATUTE OF LIMITATIONS ON THE FOUNDATION'S FEDERAL TAX RETURNS REMAINS OPEN FOR THE YEARS ENDED DECEMBER 31, 2019 THROUGH THE PRESENT. THE FOUNDATION CONTINUES TO EVALUATE ITS TAX POSITIONS PURSUANT TO THE PRINCIPLES OF FASB GUIDANCE AND HAS DETERMINED THAT THERE IS NO MATERIAL IMPACT ON THE FOUNDATION'S CONSOLIDATED FINANCIAL STATEMENTS. 1 THE PITTSBURGH FOUNDATION 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 250965466 501(C)(3) 1600000 0 N/A N/A $1,300,000 FOR A COMPLETE UPGRADE TO THE PITTSBURGH FOUNDATION'S TECHNICAL SYSTEMS; $25,000 FOR THE CENTER FOR PHILANTHROPY'S NEW PHILANTHROPIC LEADERS COHORT FOR 2023; $150,000 FOR PROGRAM AND POLICY GRANTMAKING; $125,000 FOR THE COMMUNITY FOUNDATION OF WESTMORELAND COUNTY 1 0 PART I, LINE 2: ORGANIZATIONS RECEIVING FUNDING MUST BE A 501(C)(3) CHARITABLE ORGANIZATION AS DETERMINED BY THE INTERNAL REVENUE SERVICE. A COPY OF THE IRS DETERMINATION LETTER MUST ACCOMPANY THE GRANT APPLICATION. ALL GRANTEES ARE REQUIRED TO PREPARE AND RETURN A DESCRIPTION OF HOW THE GRANT WAS USED WITHIN ONE YEAR AFTER RECEIVING THE GRANT (GRANT FOLLOW-UP REPORT). 0 0 0 0 0 0 0 0 0 ELISABETH SCHROEDER PRESIDENT 0 534333 0 50000 0 12926 0 51000 0 16065 0 664324 0 0 JONATHAN BRELSFORD TREASURER 0 274043 0 0 0 2529 0 28000 0 36223 0 340795 0 0 KELLY URANKER VICE PRES/SECRETARY 0 133190 0 0 0 300 0 13551 0 13995 0 161036 0 0 FORM 990, PART VI, SECTION A, LINE 2 THE FOUNDATION IS A TYPE I SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION. AS A TYPE I SUPPORTING ORGANIZATION, THE PITTSBURGH FOUNDATION APPOINTS THE MAJORITY OF TRUSTEES. IN 2022, THE TRUSTEES APPROVED BY THE PITTSBURGH FOUNDATION WERE THOMAS BALESTRIERI, JOSEPH M. JACKOVIC, AND HOWARD M. RIEGER. MS. SCHROEDER, MS. URANKER AND MR. BRELSFORD HAVE A BUSINESS RELATIONSHIP AS A RESULT OF THEIR COMMON EMPLOYMENT. BOARD MEMBERS THOMAS BALESTRIERI AND WILLIAM DORING HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE PITTSBURGH FOUNDATION APPOINTS 4 DIRECTORS, AND THE BUNCHER FAMILY FOUNDATION APPOINTS 3 DIRECTORS. DURING 2022, THOMAS BALESTRIERI, JOSEPH M. JACKOVIC AND HOWARD M. RIEGER WERE APPOINTED BY THE BUNCHER FAMILY FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE OF THE PITTSBURGH FOUNDATION IS CHARGED WITH THE RESPONSIBILITY OF REVIEWING THE FORM 990 ON BEHALF OF ALL SUPPORTING ORGANIZATIONS AND EXECUTES THIS RESPONSIBILITY PRIOR TO THE FILING OF THE RETURNS WITH THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S FORM 990 IS REVIEWED INTERNALLY BY THE PITTSBURGH FOUNDATION'S VP OF FINANCE AND OPERATIONS, CONTROLLER, AND ACCOUNTING MANAGER. ONCE APPROVED FOR FILING, A COMPLETE COPY OF THE RETURN IS PROVIDED TO ALL OF THE ORGANIZATION'S BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE JACK G. BUNCHER CHARITABLE FUND HAS ADOPTED A WRITTEN CONFLICT OF INTEREST POLICY. THE BOARD MEMBERS ARE REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT TO DISCLOSE ANY POTENTIONAL OR ACTUAL CONFLICT OF INTEREST IN CONNECTION WITH ANY FINANCIAL TRANSACTION BROUGHT BEFORE THE BOARD. IF APPLICABLE, BOARD MINUTES WOULD THEN CLEARLY REFLECT THE RESOLUTION OF THE PERCEIVED AND/OR ACTUAL CONFLICT IN ACCORDANCE WITH THE POLICY'S PROVISIONS. PART VI, SECTION B, LINES 13 AND 14: THE PITTSBURGH FOUNDATION PERFORMS RECORDKEEPING AND OTHER SUPPORT SERVICES FOR ITS SUPPORTING ORGANIZATION, THE JACK G. BUNCHER CHARITABLE FUND. THESE SERVICES ARE PERFORMED IN ACCORDANCE WITH INTERNAL CONTROL POLICIES AND PROCEDURES THAT GOVERN ALL OPERATIONAL ACTIVITIES OF THE PITTSBURGH FOUNDATION. ACCORDINGLY, THE OPERATIONAL ACTIVITIES OF THE JACK G. BUNCHER FUND ARE GOVERNED BY THE FOLLOWING POLICIES AND PROCEDURES OF THE PITTSBURGH FOUNDATION: DOCUMENT DESTRUCTION, WHISTLEBLOWER POLICY, AND PROCESS FOR DETERMINING COMPENSATION WHERE APPLICABLE. FORM 990, PART VI, SECTION B, LINE 15 THE JACK G. BUNCHER FUND DOES NOT COMPENSATE ANY INDIVIDUALS FOR BOARD OR EMPLOYMENT SERVICES. FORM 990 REQUIRES THE JACK G. BUNCHER FUND TO DISCLOSE COMPENSATION PAID BY ITS RELATED ORGANIZATION, THE PITTSBURGH FOUNDATION, FOR SERVICES THE INDIVIDUALS PROVIDE TO THE PITTSBURGH FOUNDATION. COMPENSATION IS AWARDED BY THE FOUNDATION PURSUANT TO A PROCESS THAT SATISFIES THE REQUIREMENTS OF THE INTEREMEDIATE SANCTIONS REGULATIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 ARE ON FILE IN THE OFFICES OF THE PITTSBURGH FOUNDATION AND ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, LINE 1B: IN ORDER TO ENSURE THAT THE SUPPORTING ORGANIZATIONS ARE RESPONSIVE TO THE NEEDS OF THEIR SUPPORTED ORGANIZATION, THE PITTSBURGH FOUNDATION, THE FILING ORGANIZATION'S BYLAWS REQUIRE THE PITTSBURGH FOUNDATION TO APPOINT CERTAIN OF ITS BOARD MEMBERS. THE PITTSBURGH FOUNDATION HAS APPOINTED EMPLOYEES OF THE PITTSBURGH FOUNDATION TO SERVE AS THEIR REPRESENTATIVES ON THE SUPPORTING ORGANIZATION BOARD. THIS RELATIONSHIP ENSURES RESPONSIVENESS BETWEEN THE ORGANIZATIONS. FORM 990, PART XII, LINE 2C, FINANCIAL STATEMENTS AND REPORTING: THE AUDIT COMMITTEE OF THE PITTSBURGH FOUNDATION, AS PART OF ITS SHARED SERVICES ARRANGEMENT WITH THE JACK G. BUNCHER CHARITABLE FUND, ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS OF THE JACK G. BUNCHER CHARITABLE FUND AS WELL AS THE SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE PITTSBURGH FOUNDATION 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 250965466 COMMUNITY FOUNDATION PA 501(C)(3) LINE 8 N/A 0 CHARLES E KAUFMAN FOUNDATION 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 611488948 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 12A, I THE PITTSBURGH FOUNDATION 0 NEIGHBORHOOD ALLIES 429 FOURTH AVE SUITE 1900 PITTSBURGH PA 15219 251578436 TO INVEST IN COMMUNITY-BASED EFFORTS TO REVITALIZE DISTRESSED COMMUNITIES PA 501(C)(3) LINE 12A, I THE PITTSBURGH FOUNDATION 0 THE FORBES FUND 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 251418095 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 12A, I THE PITTSBURGH FOUNDATION 0 THE PITTSBURGH PROMISE FOUNDATION 1901 CENTRE AVE SUITE 204 PITTSBURGH PA 15219 261982661 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 12A, I THE PITTSBURGH FOUNDATION 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0