PASADENA EDUCATIONAL FOUNDATION: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
PASADENA EDUCATIONAL FOUNDATION (EIN 23-7149451)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-04-28
IRS object ID
201601199349301170
Schema version
2014v6.0
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)
Return2016-04-28T19:58:36-05:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN954656881PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1QUIGLEY & MIRON CPA'SBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13550 WILSHIRE BLVD1660AddressLine1Txt
CityLOS ANGELESCityNm
State AbbreviationCAStateAbbreviationCd
ZIP90010ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237149451EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PASADENA EDUCATIONAL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlPASABusinessNameControlTxt
Phone6263963625PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1351 SOUTH HUDSON AVENUE NO 153AddressLine1Txt
CityPASADENACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91101ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPATRICK CONYERSPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone6263963625PhoneNum
Signature2016-04-27SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN BOVARD MIRONPreparerPersonNm
PTINP01358141PTIN
Phone2136393550PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPATRICK CONYERSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1351 SOUTH HUDSON AVENUE NO 153AddressLine1Txt
CityPASADENACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91101ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,618,356GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PASEDFOUNDATION.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1971FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionFUNDRAISING FOR PASADENA AREA PUBLIC SCHOOLS, INCLUDING ALTADENA, PASADENA AND SIERRA MADRE.ActivityOrMissionDesc
Voting Members Governing Body31VotingMembersGoverningBodyCnt
Voting Members Independent31VotingMembersIndependentCnt
Total Employee188TotalEmployeeCnt
Total Volunteers120TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$4,897,655PYContributionsGrantsAmt
CY Contributions Grants$4,925,617CYContributionsGrantsAmt
PY Program Service Revenue$669,237PYProgramServiceRevenueAmt
CY Program Service Revenue$854,297CYProgramServiceRevenueAmt
PY Investment Income-$513PYInvestmentIncomeAmt
CY Investment Income$226,739CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$5,566,379PYTotalRevenueAmt
CY Total Revenue$6,006,653CYTotalRevenueAmt
PY Grants And Similar Paid$1,713,377PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,773,968CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,952,065PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,232,756CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$24,999PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$28,944CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$423,005CYTotalFundraisingExpenseAmt
PY Other Expenses$1,523,652PYOtherExpensesAmt
CY Other Expenses$1,905,743CYOtherExpensesAmt
PY Total Expenses$5,214,093PYTotalExpensesAmt
CY Total Expenses$5,941,411CYTotalExpensesAmt
PY Revenues Less Expenses$352,286PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$65,242CYRevenuesLessExpensesAmt
Total Assets BOY$7,675,478TotalAssetsBOYAmt
Total Assets EOY$7,620,310TotalAssetsEOYAmt
Total Liabilities BOY$1,036,078TotalLiabilitiesBOYAmt
Total Liabilities EOY$919,853TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,639,400NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,700,457NetAssetsOrFundBalancesEOYAmt
MissionTHE PASADENA EDUCATIONAL FOUNDATION'S MISSION IS TO SUPPORT, ENHANCE, AND SUPPLEMENT THE PROGRAMS, INITIATIVES, AND PRIORITIES OF THE PASADENA UNIFIED SCHOOL DISTRICT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,236,008ExpenseAmt
Grant$1,582,035GrantAmt
Revenue$140,048RevenueAmt
DescPASADENA EDUCATIONAL FOUNDATION (PEF) IS A NON-PROFIT COMMUNITY-BASED ORGANIZATION WHICH JOINS THE PUBLIC AND PRIVATE SECTORS IN A PARTNERSHIP TO (1) DEVELOP SUPPLEMENTARY FINANCIAL SUPPORT FOR PASADENA UNIFIED SCHOOL DISTRICT (PUSD) PROGRAMS, (2) ENCOURAGE DEDICATED TEACHERS BY FUNDING CREATIVE PROJECTS AND (3) PROMOTE COMMUNITY-WIDE CONFIDENCE IN THE PUSD AND ITS SCHOOLS. SEE SCHEDULE I FOR A LISTING OF THIS FISCAL YEAR'S PROGRAM SERVICE GRANTS AND OTHER ASSISTANCE.IN ADDITION TO CONTRIBUTIONS DIRECTLY RECEIVED BY THE PEF FROM PRIVATE AND PUBLIC SECTORS, THE PEF, IN COORDINATION WITH THE PUSD, SOLICITS CONTRIBUTIONS THAT GO DIRECTLY FROM THE DONOR TO THE PUSD.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,054,696ExpenseAmt
Grant$191,933GrantAmt
Revenue$714,249RevenueAmt
DescPEF HAS PROVIDED A SUMMER ENRICHMENT PROGRAM FOR LOCAL STUDENTS EACH SUMMER SINCE 2003. IN FISCAL YEAR 2014-15, IT SERVED APPROXIMATELY 1,300 ELEMENTARY, JUNIOR HIGH, AND HIGH SCHOOL STUDENTS. OVER 70 DIFFERENT ENRICHMENT CLASSES INCLUDING DRAMA, ART, MATH, CREATIVE WRITING, CHESS, GOLF, ROBOTICS, SPANISH IMMERSION, MANDARIN IMMERSION AND MANY MORE WERE OFFERED. TUITION IS REASONABLE AND SCHOLARSHIPS ARE AWARDED ON AN AS-NEEDED BASIS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$5,290,704TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document86IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee188EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members31GoverningBodyVotingMembersCnt
Independent Voting Member31IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
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 FldCAStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PATRICK J CONYERSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6263963625PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1351 SOUTH HUDSON AVENUE NO 153AddressLine1Txt
CityPASADENACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91101ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (35 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
ALMA M STOKES
BOARD MEMBER2.00Yes (X)$0$0$0
ANETT HILL
BOARD MEMBER2.00Yes (X)$0$0$0
ANGELITA MONT OBRIEN
BOARD MEMBER2.00Yes (X)$0$0$0
D BARTON DOYLE
BOARD MEMBER2.00Yes (X)$0$0$0
DAVID DICRISTOFARO
BOARD MEMBER2.00Yes (X)$0$0$0
DAWN CARSON O'KEEFFE
BOARD MEMBER2.00Yes (X)$0$0$0
DR JACQUELINE JACOBS
BOARD MEMBER2.00Yes (X)$0$0$0
FELITA KEALING
BOARD MEMBER2.00Yes (X)$0$0$0
HARRY KAWAHARA
BOARD MEMBER2.00Yes (X)$0$0$0
JAMES PATTERSON
BOARD MEMBER2.00Yes (X)$0$0$0
JANE KACZMAREK
BOARD MEMBER2.00Yes (X)$0$0$0
JENNIFER MCCREIGHT
BOARD MEMBER2.00Yes (X)$0$0$0
KATHY J ONOYE
BOARD MEMBER2.00Yes (X)$0$0$0
LAURA R MARTINEZ DE GARCIA
BOARD MEMBER2.00Yes (X)$0$0$0
LORNA TOURYAN MILLER
BOARD MEMBER2.00Yes (X)$0$0$0
LYDIA IDEM FUNKLEY
BOARD MEMBER2.00Yes (X)$0$0$0
MARGUERITE ANN SNOW
BOARD MEMBER2.00Yes (X)$0$0$0
MARIA KHADER-KARP
BOARD MEMBER2.00Yes (X)$0$0$0
MAUREEN CARLSON
BOARD MEMBER2.00Yes (X)$0$0$0
MERCEDESE HERVEY
BOARD MEMBER2.00Yes (X)$0$0$0
MIKALA RAHN
PUSD LIAISON (NON-VOTING)2.00Yes (X)$0$0$0
MONICA J HUBBARD
BOARD MEMBER2.00Yes (X)$0$0$0
PETER DREIER
BOARD MEMBER2.00Yes (X)$0$0$0
ROBERT B CHANPONG
BOARD MEMBER2.00Yes (X)$0$0$0
SANDY ROBERTS
BOARD MEMBER2.00Yes (X)$0$0$0
JOAN E PALMER
SECRETARY8.00Yes (X)$0$0$0Yes (X)
JONATHAN S FUHRMAN
TREASURER8.00Yes (X)$0$0$0Yes (X)
GEORGE A BRUMDER
VICE PRESIDENT8.00Yes (X)$0$0$0Yes (X)
SCOTT W VAN DELLEN
VICE PRESIDENT8.00Yes (X)$0$0$0Yes (X)
TAMERLIN J GODLEY
VICE PRESIDENT8.00Yes (X)$0$0$0Yes (X)
WILLIAM B CREIM
VICE PRESIDENT8.00Yes (X)$0$0$0Yes (X)
WILLIAM E THOMSON JR
BOARD PRESIDENT8.00Yes (X)$0$0$0Yes (X)
PATRICK CONYERS
EXECUTIVE DIRECTOR40.00$140,380$0$7,419Yes (X)
ANGELA PARRIS
DEVELOPMENT DIRECTOR40.00$106,975$0$5,749Yes (X)
LINDA MACHIDA
GRANTS DIRECTOR40.00$101,087$0$5,381Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$348,442TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$18,549TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$110,510FundraisingAmt
Government Grants$62,660GovernmentGrantsAmt
All Other Contributions$4,752,447AllOtherContributionsAmt
Noncash Contributions$1,799,520NoncashContributionsAmt
Total Contributions$4,925,617TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SUMMER SCHOOL INCOME611710$714,249$714,249
SERVICE FEE INCOME611710$140,048$140,048
FieldValueIRS element (for citing)
Total Program Service Revenue$854,297TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$25,252TotalRevenueColumnAmt
Exclusion$25,252ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,732,320SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,530,833SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$201,487SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$201,487TotalRevenueColumnAmt
Exclusion$201,487ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$80,870FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$110,510ContriRptFundraisingEventAmt
Fundraising Direct Expenses$80,870FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,006,653TotalRevenueColumnAmt
Related Or Exempt Func Income$854,297RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$226,739ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,453,761TotalAmt
Program Services$1,453,761ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$320,207TotalAmt
Program Services$320,207ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$136,895TotalAmt
Program Services$61,603ProgramServicesAmt
Management And General$41,068ManagementAndGeneralAmt
Fundraising$34,224FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,848,263TotalAmt
Program Services$1,519,440ProgramServicesAmt
Management And General$68,432ManagementAndGeneralAmt
Fundraising$260,391FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$44,260TotalAmt
Program Services$29,389ProgramServicesAmt
Management And General$3,130ManagementAndGeneralAmt
Fundraising$11,741FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$28,711TotalAmt
Program Services$28,104ProgramServicesAmt
Management And General$167ManagementAndGeneralAmt
Fundraising$440FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$174,627TotalAmt
Program Services$143,196ProgramServicesAmt
Management And General$8,613ManagementAndGeneralAmt
Fundraising$22,818FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$13,169TotalAmt
Management And General$13,169ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$28,944TotalAmt
Fundraising$28,944FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$2,395TotalAmt
Program Services$2,395ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$334,130TotalAmt
Program Services$327,711ProgramServicesAmt
Management And General$6,419ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$18,443TotalAmt
Program Services$18,443ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$151,772TotalAmt
Program Services$87,100ProgramServicesAmt
Management And General$42,102ManagementAndGeneralAmt
Fundraising$22,570FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,500TotalAmt
Program Services$1,957ProgramServicesAmt
Management And General$543ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$19,392TotalAmt
Program Services$19,392ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$16,323TotalAmt
Program Services$16,323ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$140TotalAmt
Management And General$140ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
PROGRAM MATERIALS$948,496$948,496
SCHOOL EVENTS + TRIPS$196,984$196,984
STIPENDS$66,615$66,615
PROFESSIONAL DEVELOPMNT$49,588$49,588

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$85,796TotalAmt
Management And General$43,919ManagementAndGeneralAmt
Fundraising$41,877FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,941,411TotalAmt
Program Services$5,290,704ProgramServicesAmt
Management And General$227,702ManagementAndGeneralAmt
Fundraising$423,005FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,294,330BOYAmt
EOY$988,270EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$4,132,402BOYAmt
EOY$4,069,323EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$207,419BOYAmt
EOY$131,930EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$46,750BOYAmt
EOY$70,268EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$31,330BOYAmt
EOY$8,437EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$9,880LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$9,880LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,070,445BOYAmt
EOY$874,067EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$892,802BOYAmt
EOY$1,478,015EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$7,675,478BOYAmt
EOY$7,620,310EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$759,750BOYAmt
EOY$679,527EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$276,328BOYAmt
EOY$240,326EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,036,078BOYAmt
EOY$919,853EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$269,829BOYAmt
EOY$263,159EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,090,145BOYAmt
EOY$6,191,699EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$279,426BOYAmt
EOY$245,599EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,639,400BOYAmt
EOY$6,700,457EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,675,478BOYAmt
EOY$7,620,310EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$65,242ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$4,185NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
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 Type3 Func IntYes (X)SupportingOrgType3FuncIntInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PASADENA UNIFIED SCHOOL DISTRICTBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN956002372EIN
Organization Type6OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$1,773,968SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$1,773,968SupportSumAmt
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 Type3 Sprt Org All Form990SchAType3SprtOrgAllGrp

FieldValueIRS element (for citing)
Timely Provided Documents0TimelyProvidedDocumentsInd
Officers Close RelationshipYes (1)OfficersCloseRelationshipInd
Supported Org Voice InvestmentYes (1)SupportedOrgVoiceInvestmentInd

Form990 Sch A Type3 Func Int Form990SchAType3FuncIntGrp

FieldValueIRS element (for citing)
Governmental EntityYes (X)GovernmentalEntityInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, SECTION E, LINE 1C:THE PASADENA EDUCATIONAL FOUNDATION (PEF) IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE PASADENA UNIFIED SCHOOL DISTRICT (PUSD), ITS TEACHERS, AND ITS STUDENTS. THE SPECIFIC AND PRIMARY PURPOSE FOR WHICH PEF WAS FORMED IS TO ASSIST IN THE ACHIEVEMENT OF A SUPERIOR SCHOOL SYSTEM FOR ALL CHILDREN ENROLLED IN PUBLIC SCHOOLS IN THE PUSD BY RECEIVING CONTRIBUTIONS AND CONTRIBUTING FUNDS TO THE PUSD, AND BY CARRYING OUT THE FUNCTIONS AND PURPOSES OF THE PUSD THROUGH THE CONDUCT OF PLANNING, RESEARCH, AND DEVELOPMENT PROJECTS DESIGNED TO BENEFIT PUSD.
PART IV, SECTION D, LINE 3:A PUSD BOARD MEMBER SERVES IN A NON-VOTING ADVISORY CAPACITY ON THE PEF BOARD OF DIRECTORS.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,369,571BeginningYearBalanceAmt
Contributions$4,398,555ContributionsAmt
Investment Earnings Or Losses$201,930InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,532,758GrantsOrScholarshipsAmt
End Year Balance$6,437,298EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$5,739,671BeginningYearBalanceAmt
Contributions$4,377,634ContributionsAmt
Investment Earnings Or Losses$272,705InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,020,439GrantsOrScholarshipsAmt
End Year Balance$6,369,571EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,623,902BeginningYearBalanceAmt
Contributions$5,147,166ContributionsAmt
Investment Earnings Or Losses$28,118InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,059,515GrantsOrScholarshipsAmt
End Year Balance$5,739,671EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,904,504BeginningYearBalanceAmt
Contributions$4,018,092ContributionsAmt
Investment Earnings Or Losses$575,853InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,874,547GrantsOrScholarshipsAmt
End Year Balance$4,623,902EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,083,504BeginningYearBalanceAmt
Contributions$3,004,552ContributionsAmt
Investment Earnings Or Losses$476,880InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,660,432GrantsOrScholarshipsAmt
End Year Balance$3,904,504EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.03820PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.96180TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,880OtherCostOrOtherBasisAmt
Depreciation$9,880DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

FieldValueIRS element (for citing)
DescGUIDANCE SOFTWARE COMMON STOCKDesc
Book Value$1,478,015BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Securities$1,478,015TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$5,810,535TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$4,185NetUnrealizedGainsInvstAmt
Revenue Not Reported-$4,185RevenueNotReportedAmt
Revenue Subtotal$5,814,720RevenueSubtotalAmt
Other Revenues Not Included$191,933OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$191,933RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,006,653TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$5,749,478TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$5,749,478ExpensesSubtotalAmt
Other Expenses Not Included$191,933OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$191,933ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$5,941,411TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:TEMPORARILY RESTRICTED NET ASSETS AT JUNE 30, 2015 AND 2014 OF $6,191,699 AND $6,090,145, RESPECTIVELY, CONSIST OF DONOR-RESTRICTED AMOUNTS RECEIVED WHICH REQUIRE THE PAYMENT OF SPECIFIED PROGRAM SERVICE EXPENSES IN SATISFACTION OF THE RESTRICTION. PERMANENTLY RESTRICTED NET ASSETS AT JUNE 30, 2015 AND 2014 OF $245,599 AND $279,426, RESPECTIVELY, CONSIST OF DONOR-RESTRICTED AMOUNTS RECEIVED IN WHICH THE PRINCIPAL GIFT IS TO REMAIN IN PERPETUITY. ONLY THE INCOME EARNED CAN BE USED TO SATISFY TEMPORARY RESTRICTIONS, OR FOR OPERATIONS, IF UNRESTRICTED. PERMANENTLY RESTRICTED NET ASSETS DECREASED FROM 2014 TO 2015 DUE TO THE WRITE-OFF OF AN UNCOLLECTIBLE ENDOWMENT PLEDGE. THE FOUNDATION HAS REMAINED IN CONFORMITY WITH UPMIFA AND DONOR RESTRICTIONS THROUGHOUT THIS PERIOD.
PART X, LINE 2:ACCOUNTING STANDARDS REQUIRE AN ORGANIZATION TO EVALUATE ITS TAX POSITIONS AND PROVIDE FOR A LIABILITY FOR ANY POSITIONS THAT WOULD NOT BE CONSIDERED "MORE LIKELY THAN NOT" TO BE UPHELD UNDER A TAX AUTHORITY EXAMINATION. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND HAS CONCLUDED THAT A PROVISION FOR A TAX LIABILITY IS NOT NECESSARY AT JUNE 30, 2015 AND 2014. GENERALLY, THE FOUNDATION'S INFORMATION RETURNS REMAIN OPEN FOR EXAMINATION FOR THREE YEARS (FEDERAL) OR FOUR YEARS (STATE OF CALIFORNIA) FROM THE DATE OF FILING.
PART XI, LINE 4B - OTHER ADJUSTMENTS:SUMMER SCHOOL SCHOLARSHIPS EXPENSE 191,933.
PART XII, LINE 4B - OTHER ADJUSTMENTS:SUMMER SCHOOL SCHOLARSHIPS EXPENSE 191,933.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

FieldValueIRS element (for citing)
PersonDAVID SPIROPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line13349 FAIR OAKS AVENUEAddressLine1Txt
CityALTADENACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91001ZIPCd
FieldValueIRS element (for citing)
ActivityGRANT WRITINGActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$0GrossReceiptsAmt
Retained By Contractor$34,163RetainedByContractorAmt
Net To Organization$0NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Retained By Contractors$34,163TotalRetainedByContractorsAmt

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1SPRING EVENTEvent1Nm
Gross Receipts Event1$150,936GrossReceiptsEvent1Amt
Charitable Contri Event1$99,683CharitableContriEvent1Amt
Gross Revenue Event1$51,253GrossRevenueEvent1Amt
Rent Facility Costs Event1$9,703RentFacilityCostsEvent1Amt
Food And Beverage Event1$26,368FoodAndBeverageEvent1Amt
Entertainment Event1$4,138EntertainmentEvent1Amt
Other Direct Expenses Event1$11,044OtherDirectExpensesEvent1Amt
Event2ROCK 4 PEFEvent2Nm
Gross Receipts Event2$40,444GrossReceiptsEvent2Amt
Charitable Contri Event2$10,827CharitableContriEvent2Amt
Gross Revenue Event2$29,617GrossRevenueEvent2Amt
Rent Facility Costs Event2$408RentFacilityCostsEvent2Amt
Food And Beverage Event2$3,193FoodAndBeverageEvent2Amt
Entertainment Event2$6,191EntertainmentEvent2Amt
Other Direct Expenses Event2$19,825OtherDirectExpensesEvent2Amt
Gross Receipts Total$191,380GrossReceiptsTotalAmt
Charitable Contributions Tot$110,510CharitableContributionsTotAmt
Gross Revenue Total Events$80,870GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$10,111RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$29,561FoodAndBeverageTotalEventsAmt
Entertainment Total Events$10,329EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$30,869OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$80,870DirectExpenseSummaryEventsAmt
Net Income Summary$0NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1PASADENA UNIFIED SCHOOL DISTRICTBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1351 SOUTH HUDSON AVENUE ROOM 214AddressLine1Txt
CityPASADENACityNm
State AbbreviationCAStateAbbreviationCd
ZIP91101ZIPCd
FieldValueIRS element (for citing)
Recipient EIN956002372RecipientEIN
Cash Grant$1,453,761CashGrantAmt
Purpose Of GrantSUPPORT PASADENA UNIFIED SCHOOL DISTRICT PROGRAMS. SEE SCH. I, PART IV FOR PROGRAM LISTING.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
COLLEGE SCHOLARSHIPS58$43,551
SUMMER SCHOOL SCHOLARSHIPS563$191,933
TEACHER GRANTS72$84,723

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANT FUNDS ARE DISTRIBUTED TO THE APPROPRIATE PROGRAM UPON RECEIPT OF THE FUNDS FROM THE GRANTOR. REGULAR REPORTS ARE PROVIDED TO THE GRANTOR, AND THE BOOKKEEPING IS CHECKED REGULARLY TO ASCERTAIN THAT PAYMENTS HAVE BEEN MET.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$1,799,520NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11A COPY OF FORM 990 WILL BE PROVIDED AS AN EMAIL ATTACHMENT FOR ALL BOARD MEMBERS TO VIEW. THE EXECUTIVE COMMITTEE WILL REVIEW THE DOCUMENT.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS COMPLETE AND SIGN A CONFLICT OF INTEREST POLICY WHICH IS REVIEWED BY THE EXECUTIVE DIRECTOR.
FORM 990, PART VI, SECTION B, LINE 15THE EXECUTIVE COMMITTEE MEETS TO DETERMINE THE COMPENSATION OF THE EXECUTIVE DIRECTOR AND USES COMPARABLE LOCAL NONPROFIT SALARIES AND EXPERIENCE, TO DETERMINE SALARY RANGE. THE EXECUTIVE DIRECTOR RECOMMENDS TO THE EXECUTIVE COMMITTEE COMPENSATION LEVELS FOR ALL EMPLOYEES. THE BOARD OF DIRECTORS APPROVES THE BUDGET WHICH INCLUDES COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19FORM 990 IS UPLOADED ON PEF WEBSITE AND ON THE WEBSITE OF GUIDESTAR.
FORM 990, PART XII, LINE 2C:THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS IS UNCHANGED FROM THE PRIOR YEAR.
FORM 990, PART X, LINE 12, OTHER SECURITIES:INCLUDED IN COMMON STOCK ARE SHARES IN A SINGLE STOCK RECEIVED AS GIFTS FROM AN INDIVIDUAL FROM 2007 THROUGH PRESENT. THE FAIR MARKET VALUE OF THIS COMMON STOCK IS $1,478,015 AT JUNE 30, 2015, AND $892,802 AT JUNE 30, 2014. THE FOUNDATION IS LIQUIDATING THE STOCK IN ACCORDANCE WITH THE WISHES OF THE DONOR.

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