PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION (EIN 23-2630701)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-10-26
- IRS object ID
- 202232999349300303
- Schema version
- 2021v4.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-10-26T03:44:04-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 MARKET STREET SUITE 1800 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232630701 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROJECT MANAGEMENT INSTITUTE EDUCATIONAL | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MIKE MARKMAN | InCareOfNm |
| Business Name Control | PROJ | BusinessNameControlTxt |
| Phone | 6103564600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 CAMPUS BOULEVARD | AddressLine1Txt |
| City | NEWTOWN SQUARE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 190733299 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | OLIVIER LAZAR | PersonNm |
| Person Title | COO | PersonTitleTxt |
| Phone | 6103564600 | PhoneNum |
| Signature | 2022-10-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | OLIVIER | PersonFirstNm |
| Person Last | LAZAR | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERICA R MCREYNOLDS | PreparerPersonNm |
| PTIN | P00977806 | PTIN |
| Phone | 2673303000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | OLIVIER LAZAR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 CAMPUS BOULEVARD | AddressLine1Txt |
| City | NEWTOWN SQUARE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 190733299 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,267,920 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTP//WWW.PMIEF.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1990 | FormationYr |
| Legal Domicile State | DC | LegalDomicileStateCd |
| Activity Or Mission | LEVERAGING PROJECT MANAGEMENT FOR SOCIAL GOOD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 143 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,861,100 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,239,863 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $224,366 | PYInvestmentIncomeAmt |
| CY Investment Income | $575,839 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$657 | PYOtherRevenueAmt |
| CY Other Revenue | -$12,941 | CYOtherRevenueAmt |
| PY Total Revenue | $4,084,809 | PYTotalRevenueAmt |
| CY Total Revenue | $4,802,761 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,024,123 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $2,293,391 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $145,988 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,087,567 | PYOtherExpensesAmt |
| CY Other Expenses | $1,188,153 | CYOtherExpensesAmt |
| PY Total Expenses | $4,111,690 | PYTotalExpensesAmt |
| CY Total Expenses | $3,481,544 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$26,881 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,321,217 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,108,911 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,756,055 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,291,313 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,817,701 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $2,817,598 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,938,354 | NetAssetsOrFundBalancesEOYAmt |
| Mission | ENABLE YOUTH TO REALIZE THEIR POTENTIAL AND TRANSFORM LIVES THROUGH PROJECT MANAGEMENT. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $666,064 | ExpenseAmt |
| Grant | $8,340 | GrantAmt |
| Desc | EXPANDING EDUCATIONAL OPPORTUNITIES FOR FUTURE PROJECT MANAGERS THROUGH ACADEMIC AND WORK-BASED LEARNING OPPORTUNITIES. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,352,767 | ExpenseAmt |
| Grant | $2,285,051 | GrantAmt |
| Desc | PREPARING YOUTH AGED 5-19 FOR SUCCESS IN LIFE BY USING PROJECTS TO TEACH THEM CRITICAL APPLIED SKILLS WITH A FOCUS ON YOUTH SERVING NON-PROFITS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $3,018,831 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | Yes (true) | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (true) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MIKE MARKMAN | PersonNm |
| Phone | 6103564600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 CAMPUS BOULEVARD | AddressLine1Txt |
| City | NEWTOWN SQUARE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19073 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd | Key EmployeeKeyEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| SUNIL PRASHARA | |||||||||
| PRESIDENT & CEO | 5.0 | 50.0 | Yes (X) | $0 | $1,236,063 | $103,035 | |||
| MICHAEL DEPRISCO | |||||||||
| COO of PMI | 5.0 | 50.0 | Yes (X) | $0 | $762,191 | $61,277 | |||
| DAVE GARRETT | |||||||||
| FORMER OFFICER | 0.0 | 50.0 | $0 | $419,125 | $63,468 | Yes (X) | |||
| OLIVIER LAZAR | |||||||||
| COO | 10.0 | 40.0 | Yes (X) | $0 | $256,356 | $19,219 | |||
| ASHLEY FORSYTH | |||||||||
| PMIEF EXECUTIVE MANAGER | 40.0 | 0.0 | $0 | $129,399 | $37,486 | Yes (X) | |||
| RAMAM ATMAKURI | |||||||||
| DIRECTOR | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| RAM DOKKA | |||||||||
| DIRECTOR, CHAIR | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| JANE FARLEY | |||||||||
| DIRECTOR | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| MITCHELL FONG | |||||||||
| DIRECTOR | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| AYODEJI ISHMAEL | |||||||||
| DIRECTOR, TREASURER | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| ERIC NORMAN | |||||||||
| DIRECTOR, SECRETARY | 5.0 | 0.0 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| CONNIE FIGLEY | |||||||||
| DIRECTOR | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| CHRISTIAAN KINDERMANS | |||||||||
| DIRECTOR | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| ANAEL NDOSA | |||||||||
| DIRECTOR | 5.0 | 0.0 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,803,134 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $284,485 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $3,940,784 | RelatedOrganizationsAmt |
| All Other Contributions | $299,079 | AllOtherContributionsAmt |
| Total Contributions | $4,239,863 | TotalContributionsAmt |
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $272,794 | TotalRevenueColumnAmt |
| Exclusion | $272,794 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,753,310 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,450,265 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $303,045 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $303,045 | TotalRevenueColumnAmt |
| Exclusion | $303,045 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Fundraising Direct Expenses | $0 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gaming Gross Income | $0 | GamingGrossIncomeAmt |
| Gaming Direct Expenses | $0 | GamingDirectExpensesAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $1,953 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $14,894 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$12,941 | TotalRevenueColumnAmt |
| Exclusion | -$12,941 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,802,761 | TotalRevenueColumnAmt |
| Exclusion | $562,898 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,062,070 | TotalAmt |
| Program Services | $1,062,070 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,341 | TotalAmt |
| Program Services | $12,341 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,218,980 | TotalAmt |
| Program Services | $1,218,980 | ProgramServicesAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $855,456 | TotalAmt |
| Program Services | $526,739 | ProgramServicesAmt |
| Management And General | $211,005 | ManagementAndGeneralAmt |
| Fundraising | $117,712 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,700 | TotalAmt |
| Management And General | $24,700 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,727 | TotalAmt |
| Management And General | $9,727 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,037 | TotalAmt |
| Program Services | $110,396 | ProgramServicesAmt |
| Management And General | $41,641 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $883 | TotalAmt |
| Program Services | $706 | ProgramServicesAmt |
| Management And General | $177 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,273 | TotalAmt |
| Program Services | $2,255 | ProgramServicesAmt |
| Management And General | $8,139 | ManagementAndGeneralAmt |
| Fundraising | $879 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,615 | TotalAmt |
| Program Services | $1,002 | ProgramServicesAmt |
| Management And General | $250 | ManagementAndGeneralAmt |
| Fundraising | $21,363 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,462 | TotalAmt |
| Program Services | $84,342 | ProgramServicesAmt |
| Management And General | $21,086 | ManagementAndGeneralAmt |
| Fundraising | $6,034 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,481,544 | TotalAmt |
| Program Services | $3,018,831 | ProgramServicesAmt |
| Management And General | $316,725 | ManagementAndGeneralAmt |
| Fundraising | $145,988 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $891,551 | BOYAmt |
| EOY | $1,394,554 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,650 | BOYAmt |
| EOY | $11,651 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,544 | BOYAmt |
| EOY | $0 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,894 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,590 | BOYAmt |
| EOY | $0 | EOYAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,019,325 | BOYAmt |
| EOY | $3,296,955 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $164,357 | BOYAmt |
| EOY | $52,895 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,108,911 | BOYAmt |
| EOY | $4,756,055 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,884 | BOYAmt |
| EOY | $56,890 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,202,429 | BOYAmt |
| EOY | $1,760,811 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,291,313 | BOYAmt |
| EOY | $1,817,701 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$1,721,329 | BOYAmt |
| EOY | -$1,178,397 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,538,927 | BOYAmt |
| EOY | $4,116,751 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,817,598 | BOYAmt |
| EOY | $2,938,354 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,108,911 | BOYAmt |
| EOY | $4,756,055 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,321,217 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$141,824 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,058,637 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROJECT MANAGEMENT INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231887442 | EIN |
| Organization Type | 10 | OrganizationTypeCd |
| Governing Document Listed | Yes (true) | GoverningDocumentListedInd |
| Support | $0 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $0 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (true) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | false | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | Yes (true) | SupportedOrgSectionC456Ind |
| Supported Org Qualified | Yes (true) | SupportedOrgQualifiedInd |
| Suprt Exclusively Sec170c2 B | Yes (true) | SuprtExclusivelySec170c2BInd |
| Supported Org Not Organized US | false | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | false | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | false | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | false | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | false | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | false | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | false | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | false | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | false | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | false | ContributionControllerInd |
| Contribution Family | false | ContributionFamilyInd |
| Contribution35 Controlled | false | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (true) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | false | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 12G, COLUMN III | PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION SUPPORTS PROJECT MANAGEMENT INSTITUTE, WHICH IS A TAX EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(6) THAT MEETS THE PUBLIC SUPPORT TEST FOR ORGANIZATIONS DESCRIBED IN SECTION 509(A)(2). |
| PART IV, SECTION A, LINE 3B | PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION IS OPERATED CLOSELY WITH THE SUPPORTED ORGANIZATION (PROJECT MANAGEMENT INSTITUTE) AND IS VERY FAMILIAR WITH THE DAY-TO-DAY OPERATIONS. |
| PART IV, SECTION A, LINE 3C | PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION IS OPERATED CLOSELY WITH THE SUPPORTED ORGANIZATION (PROJECT MANAGEMENT INSTITUTE) AND IS VERY FAMILIAR WITH THE DAY-TO-DAY OPERATIONS. THE BOARD OF DIRECTORS AND OFFICERS OF EACH ORGANIZATION WORK CLOSELY TOGETHER TO ENSURE THAT ALL SUPPORT IS USED EXCLUSIVELY FOR SECTION 170(C)(2)(B) PURPOSES. |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amounts | ArtPublicExhibitionAmountsGrp | |
| Held Works Art | HeldWorksArtGrp |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,810,199 | BeginningYearBalanceAmt |
| Contributions | $0 | ContributionsAmt |
| Investment Earnings Or Losses | $423,084 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $5,536 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,057,557 | OtherExpendituresAmt |
| End Year Balance | $3,170,190 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,426,017 | BeginningYearBalanceAmt |
| Contributions | $0 | ContributionsAmt |
| Investment Earnings Or Losses | $480,283 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $96,103 | GrantsOrScholarshipsAmt |
| Other Expenditures | -$2 | OtherExpendituresAmt |
| End Year Balance | $3,810,199 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,973,029 | BeginningYearBalanceAmt |
| Contributions | $0 | ContributionsAmt |
| Investment Earnings Or Losses | $549,035 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $96,047 | GrantsOrScholarshipsAmt |
| End Year Balance | $3,426,017 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $3,177,789 | BeginningYearBalanceAmt |
| Contributions | $95,742 | ContributionsAmt |
| Investment Earnings Or Losses | -$198,130 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $102,372 | GrantsOrScholarshipsAmt |
| End Year Balance | $2,973,029 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $2,808,772 | BeginningYearBalanceAmt |
| Contributions | $42,629 | ContributionsAmt |
| Investment Earnings Or Losses | $424,496 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $98,108 | GrantsOrScholarshipsAmt |
| End Year Balance | $3,177,789 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.10140 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.57760 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.32100 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
| Land | LandGrp | |
| Buildings | BuildingsGrp | |
| Leasehold Improvements | LeaseholdImprovementsGrp | |
| Equipment | EquipmentGrp | |
| Other Land Buildings | OtherLandBuildingsGrp | |
| Federal Income Tax Liability | $0 | FederalIncomeTaxLiabilityAmt |
| Total Liability | $0 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $4,790,394 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$141,824 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $139,181 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | -$2,643 | RevenueNotReportedAmt |
| Revenue Subtotal | $4,793,037 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $9,727 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$3 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $9,724 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $4,802,761 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $3,612,085 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $139,181 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $1,084 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $140,265 | ExpensesNotReportedAmt |
| Expenses Subtotal | $3,471,820 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $9,727 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | -$3 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $9,724 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $3,481,544 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4 | PRIMARILY TO PROVIDE SCHOLARSHIPS AND AWARDS TO ORGANIZATIONS AND INDIVIDUALS IN ORDER TO EXPAND EDUCATIONAL OPPORTUNITIES FOR FUTURE PROJECT MANAGERS AND PREPARE STUDENTS FOR SUCCESS. A PORTION OF THE ENDOWMENT ALSO INCLUDES INCOME GENERATED FOR UNRESTRICTED USE. |
| PART X, LINE 2 | THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE IRC AND GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE CORPORATE INCOME TAXES. THE FOUNDATION HAD NO NET UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020. THE FOLLOWING IS THE FOOTNOTE TO THE AUDITED FINANCIAL STATEMENTS: MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020. THE FOUNDATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY THE U.S. FEDERAL OR STATE TAX AUTHORITIES FOR YEARS BEFORE 2018. |
| PART XI, LINE 4B | ROUNDING ADJUSTMENT ($3) |
| PART XII, LINE 2D | UNAMORTIZED DISCOUNT GRANTS PAYABLE ($1,084) |
| PART XII, LINE 4B | ROUNDING ADJUSTMENT ($3) |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| East Asia and the Pacific | 0 | 0 | Program Services | SCHOLARSHIPS | $500 |
| Middle East and North Africa | 0 | 0 | Program Services | SCHOLARSHIPS | $550 |
| East Asia and the Pacific | 0 | 0 | Grantmaking | $356,000 | |
| Europe (Including Iceland and Greenland) | 0 | 0 | Grantmaking | $821,210 | |
| Sub-Saharan Africa | 0 | 0 | Grantmaking | $40,720 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $1,218,980 | SubtotalSpentAmt |
| Total Spent | $1,218,980 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (4 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|
| Europe (Including Iceland and Greenland) | EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | $341,827 | CHECK/WIRE | N/A | N/A |
| Sub-Saharan Africa | EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | $40,720 | CHECK/WIRE | N/A | N/A |
| Europe (Including Iceland and Greenland) | EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | $477,733 | CHECK/WIRE | N/A | N/A |
| East Asia and the Pacific | EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | $356,000 | CHECK/WIRE | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Foreign Individuals Grants ForeignIndividualsGrantsGrp (2 entries)
| Type Of AssistanceTypeOfAssistanceTxt | RegionRegionTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Description Of Non Cash AsstDescriptionOfNonCashAsstTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|---|---|
| PMIEF Claudio Szwarcfiter PROFESSIONAL DEVELOPMENT | Middle East and North Africa | 1 | $550 | CHECK/WIRE | N/A | N/A |
| PMIEF SCHOLARSHIP Pin-Chao Liao Barrie AWARD | East Asia and the Pacific | 1 | $500 | CHECK/WIRE | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | false | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | false | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | false | PassiveForeignInvestmestCoInd |
| Foreign Partnership | false | ForeignPartnershipInd |
| Boycott Countries | Yes (true) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2 | THE FOUNDATION CONDUCTS IN-DEPTH VETTING PRIOR TO AWARDING GRANTS TO NON-U.S. NONPROFITS TO DETERMINE THEIR RECORD OF ACCOMPLISHMENT, INCLUDING OTHER GRANTMAKING ENTITIES THAT HAVE AWARDED FUNDS TO THEM, THE AMOUNT OF THOSE FUNDS, AND THE OUTCOMES OF THEIR GRANT-FUNDED INITIATIVES. IN ADDITION, WE REQUIRE SUBMISSION OF THESE NONPROFITS' MOST RECENTLY AUDITED FINANCIALS, ORGANIZATIONAL BUDGETS, AND LISTS OF FUNDERS BY YEAR WITH DOLLAR AMOUNTS. THESE PROCEDURES ALLOW US TO ASSESS THE LIKELIHOOD THAT THOSE THAT RECEIVE OUR GRANTS WILL USE THE FUNDS FOR THE PURPOSES AGREED UPON AND FULFILL THE REQUIREMENTS OF THE GRANT AGREEMENT. WE MONITOR THE USE OF GRANT FUNDS THROUGHOUT THE GRANT PERIOD BY REQUIRING INTERIM REPORTS THAT INCLUDE AN ACCOUNTING OF GRANT-RELATED EXPENDITURES AGAINST THE GRANT BUDGET. THIS ALLOWS US TO ASSESS IF AND WHERE DISCREPANCIES MAY BE EVIDENT IN ANTICIPATED VERSUS ACTUAL USE OF FUNDS. THE INTERIM REPORTS MUST PRECEDE DISBURSEMENT OF REMAINING GRANT DOLLARS. IF NECESSARY, WE THEN COLLABORATE WITH NONPROFITS TO MODIFY GRANT BUDGET LINE ITEMS AS TO ENSURE THE FUNDED WORK WILL BE COMPLETED. MOREOVER, WE ARE IN ONGOING COMMUNICATION WITH THE NONPROFITS THAT RECEIVE OUR GRANTS, EVEN OUTSIDE OF REPORTING PERIODS, AND THIS ALLOWS US TO CAREFULLY MONITOR GRANT EXPENDITURES. THIS INCLUDES SITE VISITS WHEN APPROPRIATE. PMIEF USES THE SCHOLARSHIP GUIDELINES AS STATED ON SCHEDULE I, PART IV, SUPPLEMENTAL INFORMATION. |
| PART I, LINE 3 | PMIEF USES THE ACCRUAL METHOD OF ACCOUNTING FOR GRANTS AND OTHER ASSISTANCE. |
| PART II, LINE 1 | PMIEF USES THE ACCRUAL METHOD OF ACCOUNTING FOR GRANTS AND OTHER ASSISTANCE. |
| PART III | PMIEF USES THE ACCRUAL METHOD OF ACCOUNTING FOR GRANTS AND OTHER ASSISTANCE. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (4 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| CHILDREN INTERNATIONAL | ||||||||||
| 2000 E RED BRIDGE ROAD | PO BOX 219055 | KANSAS CITY | MO | 64121 | 446005794 | 501(c)(3) | $231,070 | N/A | N/A | EMPOWER YOUTH THROUGH PROJECT MANAGEMENT |
| Destination Imagination Inc | ||||||||||
| 1111 South Union Avenue | CHERRY HILL | NJ | 08002 | 222415554 | 501(c)(3) | $500,000 | N/A | N/A | EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | |
| National Engineers Week Foundation dba DiscoverE | ||||||||||
| 1420 King Street | ALEXANDRIA | VA | 22314 | 320039097 | 501(c)(3) | $181,000 | N/A | N/A | EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | |
| Junior Achievement Americas | ||||||||||
| 1610 Perimeter Road | Auburn | WA | 98001 | 841267604 | 501(c)(3) | $150,000 | N/A | N/A | EMPOWER YOUTH THROUGH PROJECT MANAGEMENT | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 4 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (7 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| Professional Development Osama Aljubori | 1 | $1,000 | N/A | N/A |
| PMI LONG ISLAND CHAPTER Ida Colon (Hofstra) | 1 | $2,500 | N/A | N/A |
| Tyler Kleinsasser Fellows Award | 1 | $2,000 | N/A | N/A |
| Founders Scholarship | 1 | $2,000 | N/A | N/A |
| Ken Hartley Scholarship Fund | 1 | $1,172 | N/A | N/A |
| PMI Chicagoland Chapter | 1 | $1,674 | N/A | N/A |
| Milestone Scholarships | 1 | $1,995 | N/A | N/A |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2 | FormAndLineReferenceDesc |
| Explanation | SCHOLARSHIPS: THE PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION ("PMIEF") ACADEMIC SCHOLARSHIP PROGRAM IS DESIGNED TO FINANCIALLY ASSIST QUALIFIED APPLICANTS IN OBTAINING DEGREES FROM ACCREDITED ACADEMIC INSTITUTIONS OF HIGHER LEARNING IN THE FIELD OF PROJECT MANAGEMENT OR ANY FIELD WITH ANY RELATION TO PROJECT MANAGEMENT. THE PROGRAM IS OPEN TO ANY STUDENT PREPARING TO ENTER OR ALREADY ATTENDING AN ACCREDITED DEGREE-GRANTING COLLEGE OR UNIVERSITY AND PURSUING A BACHELOR, MASTERS, OR DOCTORAL DEGREE. THE SCHOLARSHIPS ARE AWARDED BASED ON MERIT AS MEASURED BY ACADEMIC PERFORMANCE AND EXTRACURRICULAR ACTIVITIES. THE APPLICANT'S INTENDED FIELD OF STUDY IS ALSO CONSIDERED IN THE EVALUATION PROCESS WITH PREFERENCE GIVEN TO THOSE CANDIDATES PURSUING A DEGREE IN PROJECT MANAGEMENT OR A DIRECTLY RELATED FIELD OF STUDY. 1. SCHOLARSHIPS ARE LIMITED TO USE AT AN ACCREDITED DEGREE GRANTING INSTITUTION OF HIGHER LEARNING. 2. CANDIDATES APPLYING FOR MORE THAN ONE SCHOLARSHIP SUBMIT ONE APPLICATION FORM FOR ALL SCHOLARSHIPS, INCLUDING THE TWO ESSAYS WHICH CAN BE FOUND IN THE APPLICATION FORM. ANY CANDIDATE SELECTED FOR AN AWARD WILL RECEIVE ONLY ONE SCHOLARSHIP ANNUALLY. 3. ONLY ONE COPY OF THE OFFICIAL TRANSCRIPT, RESUME, AND REFERENCE LETTERS NEEDS TO BE PROVIDED, EVEN IF CANDIDATES ARE APPLYING FOR MORE THAN ONE SCHOLARSHIP. 4. SCHOLARSHIPS ARE PAID DIRECTLY TO THE CANDIDATE BASED ON WRITTEN ACKNOWLEDGEMENT THAT THE SCHOLARSHIP AWARD WILL BE USED FOR THE INTENDED PURPOSE. 5. SCHOLARSHIPS ARE OPEN TO ANY STUDENT ENTERING OR ATTENDING AN ACCREDITED DEGREE GRANTING INSTITUTION. EVIDENCE OF ENROLLMENT IS REQUIRED. 6. FULL-TIME AND PART-TIME STUDIES ARE BOTH ELIGIBLE FOR CONSIDERATION. 7. PROJECT MANAGEMENT INSTITUTE (PMI) MEMBERS HOLDING ELECTED OR APPOINTED OFFICES AT THE GLOBAL PMI LEVEL, PMI EDUCATIONAL FOUNDATION BOARD DIRECTORS, AND PMI EMPLOYEES, ALONG WITH MEMBERS OF THEIR IMMEDIATE FAMILY (REGARDLESS OF MEMBERSHIP IN PMI) ARE NOT ELIGIBLE FOR THESE SCHOLARSHIPS. 8. APPLICATION DEADLINE IS MAY 1ST EACH YEAR, AWARD RECIPIENT(S) WILL BE NOTIFIED IN AUGUST. THE SCHOLARSHIPS WILL BE AWARDED NO LATER THAN SEPTEMBER. 9. ALL SCHOLARSHIPS ARE SUBJECT TO ANNUAL FUNDS AVAILABILITY THROUGH DIRECT DONATIONS OR THROUGH ACTUAL AND/OR ACCRUED INTEREST EARNINGS FROM ENDOWMENTS. 10. SCHOLARSHIPS WILL BE AWARDED WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, NATIONAL ORIGIN, AGE, OR STATE OF PHYSICAL HANDICAP. ALL APPLICATION MATERIALS SHOULD BE SENT TO THE PMI EDUCATIONAL FOUNDATION, 14 CAMPUS BOULEVARD, NEWTOWN SQUARE, PA 19073-3299, USA, INCLUDING: - A COMPLETED APPLICATION FORM, - TWO ESSAYS DESCRIBING WHY THE CANDIDATE WANTS TO BE A PROJECT MANAGER AND HOW A CODE OF ETHICS IS IMPORTANT TO PROJECT MANAGEMENT, - THE LATEST AVAILABLE OFFICIAL HIGH SCHOOL TRANSCRIPT AND/OR, IF APPLICABLE, THE LATEST AVAILABLE OFFICIAL COLLEGE TRANSCRIPT, - A RESUME OUTLINING EDUCATIONAL BACKGROUND, WORK EXPERIENCE, CO-CURRICULAR AND EXTRACURRICULAR ACTIVITIES, AND - ONE LETTER OF REFERENCE (WHO ARE NOT RELATIVES OF THE CANDIDATE) THAT ADDRESSES THE SUITABILITY OF THE CANDIDATE FOR THE AWARD, NATURE OF THE RELATIONSHIP WITH THE CANDIDATE, AND LENGTH OF TIME OF THE RELATIONSHIP. ALL MATERIALS SUBMITTED FOR CONSIDERATION FOR A SCHOLARSHIP AUTOMATICALLY BECOME THE PHYSICAL PROPERTY OF PMI EDUCATIONAL FOUNDATION AND WILL NOT BE RETURNED TO THE SENDER. THEY WILL NOT BE USED BY THE FOUNDATION FOR ANY PURPOSE EXCEPT TO HELP DETERMINE WHO RECEIVES A SCHOLARSHIP FOR ANY GIVEN ACADEMIC YEAR. THE PMIEF WILL PROVIDE A SCHOLARSHIP EVALUATION AND SELECTION COMMITTEE, AN IMPARTIAL PANEL OF NO FEWER THAN THREE APPROPRIATELY QUALIFIED AND TRAINED SCHOLARSHIP JUDGES COMPRISED OF PROJECT MANAGEMENT PRACTITIONERS, ACADEMICS, AND OTHERS. ALL DECISIONS OF THE PMI EDUCATIONAL FOUNDATION AND ITS SCHOLARSHIP EVALUATION AND SELECTION COMMITTEE ARE FINAL. PREFERENCE WILL BE GIVEN TO THE CANDIDATE WHO WILL BE OR IS PURSUING A DEGREE IN THE FIELD OF PROJECT MANAGEMENT OR A DIRECTLY RELATED FIELD. PREFERENCE WILL BE GIVEN TO THE CANDIDATE WITH THE BEST COMBINATION OF ACADEMIC, CO-CURRICULAR, AND EXTRACURRICULAR PERFORMANCE, WITH THE HIGHEST POTENTIAL FOR ACADEMIC SUCCESS. DESCRIPTIONS OF ALL SCHOLARSHIPS WILL BE PUBLISHED ON THE PMI EDUCATIONAL FOUNDATION WEBSITE. THE SCHOLARSHIP CANDIDATE SELECTION PROCESS IS AVAILABLE FROM THE PMI EDUCATIONAL FOUNDATION UPON REQUEST. THE NAME(S) OF SCHOLARSHIP RECIPIENT(S) WILL BE PUBLISHED ON THE PMI EDUCATIONAL FOUNDATION WEBSITE AND IN PMI PUBLICATIONS AS APPROPRIATE. GRANTS: THE FOUNDATION CONDUCTS IN-DEPTH VETTING PRIOR TO AWARDING GRANTS TO NON-U.S. NONPROFITS TO DETERMINE THEIR RECORD OF ACCOMPLISHMENT, INCLUDING OTHER GRANTMAKING ENTITIES THAT HAVE AWARDED FUNDS TO THEM, THE AMOUNT OF THOSE FUNDS, AND THE OUTCOMES OF THEIR GRANT-FUNDED INITIATIVES. IN ADDITION, WE REQUIRE SUBMISSION OF THESE NONPROFITS' MOST RECENTLY AUDITED FINANCIALS, AND ORGANIZATIONAL BUDGETS. THESE PROCEDURES ALLOWS US TO ASSESS THE LIKELIHOOD THAT THOSE THAT RECEIVE OUR GRANTS WILL USE THE FUNDS FOR THE PURPOSES AGREED UPON AND FULFILL THE REQUIREMENTS OF THE GRANT AGREEMENT. WE MONITOR THE USE OF GRANT FUNDS THROUGHOUT THE GRANT PERIOD BY REQUIRING INTERIM REPORTS THAT INCLUDE AN ACCOUNTING OF GRANT-RELATED EXPENDITURES AGAINST THE GRANT BUDGET. THIS ALLOWS US TO ASSESS IF AND WHERE DISCREPANCIES MAY BE EVIDENT IN ANTICIPATED VERSUS ACTUAL USE OF FUNDS. THE INTERIM REPORTS MUST PRECEDE DISBURSEMENT OF REMAINING GRANT DOLLARS. IF NECESSARY, WE THEN COLLABORATE WITH NONPROFITS TO MODIFY GRANT BUDGET LINE ITEMS AS TO ENSURE THE FUNDED WORK WILL BE COMPLETED. MOREOVER, WE ARE IN ONGOING COMMUNICATION WITH THE NONPROFITS THAT RECEIVE OUR GRANTS, EVEN OUTSIDE OF REPORTING PERIODS, AND THIS ALLOWS US TO CAREFULLY MONITOR GRANT EXPENDITURES. THIS INCLUDES SITE VISITS WHEN APPROPRIATE. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|---|---|---|
| MICHAEL DEPRISCO | ||||||
| COO of PMI | $623,566 | $126,750 | $11,875 | $18,103 | $43,174 | $823,468 |
| DAVE GARRETT | ||||||
| FORMER OFFICER | $345,251 | $62,700 | $11,174 | $17,972 | $45,496 | $482,593 |
| OLIVIER LAZAR | ||||||
| COO | $232,715 | $22,521 | $1,120 | $10,202 | $9,017 | $275,575 |
| SUNIL PRASHARA | ||||||
| PRESIDENT & CEO | $312,111 | $455,785 | $468,167 | $0 | $103,035 | $1,339,098 |
| ASHLEY FORSYTH | ||||||
| PMIEF EXECUTIVE MANAGER | $117,527 | $11,872 | $0 | $7,761 | $29,725 | $166,885 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART I, LINE 4A | FormAndLineReferenceDesc |
| Explanation | PER THE TERMS OF HIS EMPLOYMENT AGREEMENT, SUNIL PRASHARA RECEIVED $468,167 IN SEVERANCE PAYMENTS IN 2021. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | PER THE ORGANIZATION'S BYLAWS, THE PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION ("PMIEF") BOARD OF DIRECTORS SHALL INCLUDE FIVE (5) REPRESENTATIVES, APPOINTED BY THE PROJECT MANAGEMENT INSTITUTE ("PMI") BOARD OF DIRECTORS, A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(6). THE DIRECTORS APPOINTED BY THE PMI BOARD OF DIRECTORS SHALL ALWAYS CONSTITUTE A MAJORITY OF THE PMIEF BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 WAS DISTRIBUTED ELECTRONICALLY TO THE GOVERNING BODY FOR REVIEW PRIOR TO FILING. THE PROCESS INCLUDED THE OPPORTUNITY FOR MEMBERS OF THE GOVERNING BODY TO SUBMIT QUESTIONS/COMMENTS ELECTRONICALLY. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE PMIEF CONFLICT OF INTEREST ("COI") POLICY REQUIRES THAT THE QUESTIONNAIRE AND CERTIFICATION BE COMPLETED ACCURATELY ON AN ANNUAL BASIS AND RETURNED TO THE SPONSOR AT PMIEF HEADQUARTERS. (THE QUESTIONNAIRE SHOULD BE UPDATED DURING THE YEAR IF CIRCUMSTANCES CHANGE SUBSTANTIALLY.) PMIEF MEMBER AND NON-MEMBER VOLUNTEERS AND STAFF MEMBERS ARE EXPECTED TO BE AWARE OF ALL CORPORATE, PERSONAL, AND FAMILY BUSINESS INTERESTS AND RELATIONSHIPS THAT MAY INVOLVE OR RELATE TO PMIEF IN ANY WAY. PMIEF MEMBER AND NON-MEMBER VOLUNTEERS AND STAFF MUST OPENLY AND ACCURATELY REVEAL THESE INTERESTS AND RELATIONSHIPS TO PMIEF IN THE QUESTIONNAIRE, AND MUST COMPLY WITH ALL PMIEF POLICIES AND REQUIREMENTS CONCERNING ETHICS, CONFLICTS OF INTEREST, AND RELATED MATTERS. UPON REQUEST, PMIEF CAN PROVIDE A LIST OF COMPANIES, ORGANIZATIONS, AND INDIVIDUALS WITH WHOM THE INSTITUTE HAS, OR IS CONSIDERING, A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 15 | PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION (PMIEF) HAS NO EMPLOYEES AND DOES NOT COMPENSATE ANY LISTED PERSONS. HOWEVER, TOP MANAGMENT OFFICIALS WERE COMPENSATED BY A RELATED ORGANIZATION, PROJECT MANAGEMENT INSTITUTE (PMI). PMI UTILIZED BROAD PAY RANGES THAT ENCOURAGE GROWTH AND DEVELOPMENT WITHIN POSITIONS OVER TIME. BROAD BANDS ARE REVIEWED ANNUALLY WITH MARKET INFORMATION AND MAY BE ADJUSTED IF WARRANTED WITHIN THE FINANCIAL CONDITION OF THE ORGANIZATION AND TO SUSTAIN COMPETITIVENESS. APPLICABLE MARKET DATA IS USED IN THE DETERMINATION OF BASE SALARIES, WITH ATTENTION TO MARKET SENSITIVE TECHNICAL COMPETENCIES AND PMI AS A WHOLE. COMPENSATION REVIEW IS PART OF THE ORGANIZATION PRACTICE TO REGULARLY ASSESS COMPENSATION PROGRAMS AND SYSTEMS. PMI ENGAGES THE ASSISTANCE OF EXTERNAL CONSULTING RESOURCES TO CONDUCT ASSESSMENTS OF COMPENSATION. COMPREHENSIVE STUDIES HAVE BEEN UNDERTAKEN EVERY TWO TO THREE YEARS WITH ANNUAL REVIEW OF BASE SALARY AND TOTAL CASH COMPENSATION FOR SELECT POSITIONS. THE CEO ACTIVELY REVIEWS COMPENSATION PHILOSOPHY, ASSESSES SALARY DATA ON AN ANNUAL BASIS, AND HAS CONDUCTED COMPREHENSIVE STUDIES OF COMPENSATION EVERY TWO TO THREE YEARS. THE ASSESSMENTS INCLUDE DIRECT AND INDIRECT COMPENSATION, AS WELL AS MARKET-BASED COMPARISONS TO COMPARABLE PROFESSIONAL SOCIETIES AND ORGANIZATIONS, BROAD NON-PROFIT INDUSTRY DATA, AND OTHER SURVEY INFORMATION ALIGNED WITH THE NATURE OF THE POSITIONS. THOSE WITH SIMILAR SIZE, SCOPE OF OPERATIONS, INTERNATIONAL ACTIVIES, AND/OR SIMILAR MEMBER PROGRAMS ARE INCLUDED ALONG WITH GEOGRAPHIC INFORMATION RELATED TO THE MARKET IN WHICH THE ORGANIZATION COMPETES FOR TALENT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. SOME GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. |
| FORM 990, PART XI, LINE 9 | UNAMORTIZED DISCOUNT FOR GRANTS PAYABLE (1,084) REFUND OF CONTRIBUTIONS RECEIVED IN PRIOR YEARS (1,057,553) ------------ TOTAL ($1,058,637) THE FOUNDATION'S ENDOWMENTS CONSIST OF CONTRIBUTIONS FROM CHAPTERS FOR THE FOUNDATION'S ENDOWMENT. DURING THE YEAR ENDED DECEMBER 31, 2021, THE FOUNDATION ENTERED INTO AMENDED AND RESTATED AGREEMENTS WITH SOME CHAPTERS TO RETURN ENDOWMENT AMOUNTS OF $1,057,553, WHICH ARE REFLECTED AS DECREASES OF NET ASSETS WITH DONOR RESTRICTIONS. |
| FORM 990, PART XII, LINE 2C | THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANT. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PROJECT MANAGEMENT INSTITUTE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 CAMPUS BOULEVARD | AddressLine1Txt |
| City | NEWTOWN SQUARE | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19073 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231887442 | EIN |
| Primary Activities | PROF. ORG. | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(6) | ExemptCodeSectionTxt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Organization | false | ControlledOrganizationInd |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PMI ORGANIZATION CENTRE PRIVATE LIMITED | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 302-305 3RD FLOOR BALARAME PLOT N | AddressLine1Txt |
| City | MUMBAI | CityNm |
| Country | IN | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 980566940 | EIN |
| Primary Activities | OUTREACH/ADVOCACY | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | IN | LegalDomicileForeignCountryCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Predominant Income Type | N/A | PredominantIncomeTypeTxt |
| Disproportionate Allocations | false | DisproportionateAllocationsInd |
| General Or Managing Partner | false | GeneralOrManagingPartnerInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Controlled OrganizationControlledOrganizationInd | Province Or StateForeignAddress/ProvinceOrStateNm |
|---|---|---|---|---|---|---|---|---|---|
| PMI EUROPE LIMITED | |||||||||
| 82 ST JOHNS STREET | LONDON | UK | EC1M 4JN | HOLDING COMPANY | UK | NA | C CORP | false | |
| PMI CANADA | |||||||||
| 1055 WEST GEORGIA ST 1500 ROYAL CT | VANCOUVER | CA | V6E 4N7 | HOLDING COMPANY | CA | NA | C CORP | false | BRITISH COLUMBIA |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| PROJECT MANAGEMENT INSTITUTE | ||
| C | $3,940,784 | CASH |
| PROJECT MANAGEMENT INSTITUTE | ||
| O | $855,569 | FMV |
| PROJECT MANAGEMENT INSTITUTE | ||
| N | $139,181 | FMV |
Comments