2021-11-12T13:41:50-06:00 2020-12-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2020-01-01 204393147 THE JACK G BUNCHER CHARITABLE FUND FOR THE PITTSBURGH FOUNDATION JACK 4123915122 FIVE PPG PLACE NO 250 PITTSBURGH PA 152225401 JONATHAN BRELSFORD TREASURER 4123915122 2021-11-10 1 JONATHAN BRELSFORD 999009999 SUSAN M KIRSCH P00341397 4122613644 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ELISABETH SCHROEDER FIVE PPG PLACE NO 250 PITTSBURGH PA 152225401 1149615 0 X N/A X 2007 PA TO SUPPORT THE PITTSBURGH FOUNDATION. 6 3 0 0 0 0 500000 500000 0 0 605546 649615 0 0 1105546 1149615 1420000 1577000 0 0 0 0 0 0 0 2090 3385 1422090 1580385 -316544 -430770 8399255 8171400 0 0 8399255 8171400 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 1577000 1577000 0 DURING 2020, THE JACK G. BUNCHER CHARITABLE FUND APPROVED GRANTS TOTALING $1,577,000 IN ITS EFFORTS TO SUPPORT THE PITTSBURGH FOUNDATION. 1577000 1 1 0 0 0 0 0 0 0 0 0 1 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 6 3 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 517894 59718 JONATHAN BRELSFORD TREASURER 0.50 40.00 X X 0 251863 53532 YVONNE MAHER FORMER OFFICER 0.00 0.00 X 0 200000 0 KELLY URANKER VICE PRES/SECRETARY 0.50 41.00 X X 0 125140 23466 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 DIRECTOR 0.50 0.00 X 0 0 0 0 1094897 136716 0 1 1 0 0 500000 500000 628756 628756 20859 0 20859 20859 20859 1149615 0 0 649615 1577000 1577000 1000 1000 2385 2385 1580385 1577000 3385 0 7525262 7614695 873993 556705 8399255 8171400 0 0 X 8399255 8171400 8399255 8171400 8399255 8171400 -430770 202915 0 X X 0 1 X 1 0 X X X 1 THE PGH FDN 250965466 8 1 1577000 3385 1 1577000 3385 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 7614695 F 7614695 INTEREST IN THE PITTSBURGH FOUNDATION LEGACY FUND 556705 556705 X 1350145 202915 202915 1147230 2385 2385 1149615 1578000 0 1578000 2385 2385 1580385 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, 2017 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) 1577000 0 N/A N/A $300,000 FOR THE CENTER FOR PHILANTHROPY FOR PUBLIC CONVENING PROGRAMS; $200,000 FOR WESTMORELAND COUNTY CAPACITY BUILDING AND COMPREHENSIVE COMMUNITY GRANTMAKING; $700,000 FOR GENERAL OPERATIONS AND CAPACITY BUILDING; $377,000 FOR PROGRAM AND POLICY GRANTMAKING 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). 1 0 0 0 0 0 0 0 0 ELISABETH SCHROEDER PRESIDENT 0 479575 0 20000 0 18319 0 47994 0 11724 0 577612 0 0 JONATHAN BRELSFORD TREASURER 0 239363 0 9830 0 2670 0 24435 0 29097 0 305395 0 0 YVONNE MAHER FORMER OFFICER 0 0 0 0 0 200000 0 0 0 0 0 200000 0 0 PART I, LINE 4A YVONNE MAHER RECEIVED A SEVERANCE PAYMENT OF $200,000 IN CALENDAR YEAR 2020. 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. DURING 2020, THE TRUSTEES APPOINTED BY THE PITTSBURGH FOUNDATION WERE ESTELLE COMAY, THE PRESIDENT/CEO OF THE FOUNDATION ELISABETH SCHROEDER, AND FOUNDATION EMPLOYEES JONATHAN BRELSFORD AND KELLY URANKER. 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. 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 SVP OF FINANCE/INVESTMENTS AND VP OF FINANCE AND ADMINISTRATION. 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 TRUSTEES 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, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS 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 12B, II 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 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 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