DIETRICH FOUNDATION: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- DIETRICH FOUNDATION (EIN 36-4711746)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-11-16
- IRS object ID
- 201543209349305329
- Schema version
- 2014v5.0
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-11-16T11:25:57-06:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 251467156 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SISTERSON & CO LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 310 GRANT STREET SUITE 2100 | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364711746 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIETRICH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DIET | BusinessNameControlTxt |
| Phone | 4122612766 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | USX TOWER 600 GRANT STREET NO 5360 | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15219 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EDWARD J GREFENSTETTE | PersonNm |
| Person Title | PRESIDENT, CEO & CIO | PersonTitleTxt |
| Phone | 4122612766 | PhoneNum |
| Signature | 2015-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICHAEL M COMSTOCK | PreparerPersonNm |
| PTIN | P00474378 | PTIN |
| Phone | 4122812025 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-04-25 22:37:26Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | EDWARD J GREFENSTETTE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | USX TOWER 600 GRANT STREET SUITE | AddressLine1Txt |
| Address Line2 | 5360 | AddressLine2Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $607,466,038 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.DIETRICHFOUNDATION.NET | WebsiteAddressTxt |
| Type Of Organization Trust | Yes (X) | TypeOfOrganizationTrustInd |
| Formation | 2011 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | TO BENEFIT HIGHER EDUCATION AND OTHER CHARITABLE PURPOSES BY PROVIDING ONGOING AND INCREASING FINANCIAL SUPPORT TO 15 SUPPORTED ORGANIZATIONS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 7 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $3,043,402 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $550,738,104 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $151,325,812 | PYInvestmentIncomeAmt |
| CY Investment Income | $502,722,260 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $702,063,916 | PYTotalRevenueAmt |
| CY Total Revenue | $502,722,260 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $12,590,642 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $19,228,684 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,471,561 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,753,088 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,189,027 | PYOtherExpensesAmt |
| CY Other Expenses | $2,520,816 | CYOtherExpensesAmt |
| PY Total Expenses | $15,251,230 | PYTotalExpensesAmt |
| CY Total Expenses | $23,502,588 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $686,812,686 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $479,219,672 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $630,662,413 | TotalAssetsBOYAmt |
| Total Assets EOY | $757,489,186 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $415,751 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $45,166,321 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $630,246,662 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $712,322,865 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE PRIMARY MISSION OF THE DIETRICH FOUNDATION (THE "FOUNDATION") IS TO BENEFIT HIGHER EDUCATION, PRIMARILY IN THE GREATER PITTSBURGH, PENNSYLVANIA AREA, BY PROVIDING ONGOING AND INCREASING FINANCIAL SUPPORT TO CARNEGIE MELLON UNIVERSITY, THE UNIVERSITY OF PITTSBURGH, THIEL COLLEGE, PRINCETON UNIVERSITY, DUQUESNE UNIVERSITY, AND CHATHAM UNIVERSITY. THE FOUNDATION SHALL ALSO FURTHER CHARITABLE PURPOSES IN WESTERN PENNSYLVANIA BY PROVIDING ONGOING AND INCREASING FINANCIAL SUPPORT TO OTHER ORGANIZATIONS. SEE SCHEDULE A, PART IV, FOR A COMPLETE LIST OF SUPPORTED ORGANIZATIONS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $20,091,170 | ExpenseAmt |
| Grant | $19,228,684 | GrantAmt |
| Desc | PER THE DECLARATION OF TRUST DATED AUGUST 23, 2011 OF WILLIAM S. DIETRICH II REVOCABLE TRUST AND THE DIETRICH FOUNDATION (THE "TRUST"), THE FOUNDATION DISTRIBUTES ANNUALLY, OR MORE FREQUENTLY, AN AMOUNT FROM NET INCOME EQUAL TO SUBSTANTIALLY ALL (AT LEAST 85%) OF ITS ANNUAL NET INCOME (AS DEFINED IN THE TRUST). IN THE EVENT THAT THE TOTAL AMOUNT DISTRIBUTED ANNUALLY UNDER THIS REQUIREMENT SHOULD CONSISTENTLY FALL BELOW A RATE OF 3%, THE ANNUAL DISTRIBUTION AMOUNT WILL APPROXIMATE 3% OF THE FAIR VALUE OF THE FOUNDATION'S ASSETS (NET OF ACQUISITION INDEBTEDNESS) AS DETERMINED ON JAUNARY 1 OF EACH YEAR. IN MAY 2014, THE FOUNDATION MADE ITS ANNUAL DISTRIBUTION TO ITS SUPPORTED ORGANIZATIONS EQUAL TO 3.5% OF NET ASSETS AS CALCULATED AT JANUARY 1, 2013. | Desc |
| Total Program Service Expenses | $20,091,170 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 9 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 7 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NANCY WATSON | PersonNm |
| Phone | 4122612766 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 GRANT STREET SUITE 5360 | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15219 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| JARED L COHON | ||||||||
| EDUCATIONAL TRUSTEE | 1.00 | 40.00 | Yes (X) | $7,500 | $436,566 | $44,202 | ||
| JAMES E ROHR | ||||||||
| EDUCATIONAL TRUSTEE | 1.00 | Yes (X) | $15,000 | $0 | $0 | |||
| MARK A NORDENBERG | ||||||||
| EDUCATIONAL TRUSTEE | 1.00 | 40.00 | Yes (X) | $7,500 | $867,502 | $127,803 | ||
| THOMAS J USHER | ||||||||
| EDUCATIONAL TRUSTEE | 1.00 | Yes (X) | $15,000 | $0 | $0 | |||
| ERIC C JOHNSON | ||||||||
| EDUCATIONAL TRUSTEE | 1.00 | Yes (X) | $15,000 | $0 | $0 | |||
| MARK J LASKOW | ||||||||
| COMMUNITY TRUSTEE/CHAIRMAN | 1.00 | Yes (X) | $30,000 | $0 | $0 | |||
| G NICHOLAS BECKWITH III | ||||||||
| COMMUNITY TRUSTEE | 1.00 | Yes (X) | $15,000 | $0 | $0 | |||
| ANNE DIETRICH DIEMER | ||||||||
| COMMUNITY TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| EDWARD J GREFENSTETTE | ||||||||
| COMMUNITY TRUSTEE, PRESIDENT, CEO/CIO | 40.00 | Yes (X) | $677,938 | $0 | $461,221 | Yes (X) | ||
| PATRICK GALLAGHER | ||||||||
| EDUCATIONAL TRUSTEE | 1.00 | 40.00 | Yes (X) | $7,500 | $218,592 | $52,376 | ||
| SUBRA SURESH | ||||||||
| EDUCATIONAL TRUSTEE | 1.00 | 40.00 | Yes (X) | $7,500 | $848,300 | $190,340 | ||
| MATTHEW W ROZYCZKA | ||||||||
| INVESTMENT MANAGER | 40.00 | $152,000 | $0 | $111,278 | Yes (X) | |||
| RYAN L VACCARO | ||||||||
| INVESTMENT MANAGER | 40.00 | $152,000 | $0 | $111,709 | Yes (X) | |||
| NANCY A WATSON | ||||||||
| CONTROLLER | 40.00 | $112,000 | $0 | $29,920 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,213,938 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $2,370,960 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $1,128,849 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| ACADIAN ASSET MANAGEMENT | |||||
| 260 FRANKLIN STREET | BOSTON | MA | 02110 | INVESTMENT MANAGEMENT | $437,431 |
| BLUE HERON MANAGEMENT | |||||
| 600 GRANT STREET SUITE 5360 | PITTSBURGH | PA | 15219 | ACCOUNTING & ADMIN. SVCS | $319,425 |
| K&L GATES | |||||
| 210 SIXTH AVENUE | PITTSBURGH | PA | 152222613 | LEGAL COUNSEL | $220,105 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $525,146,592 | TotalRevenueColumnAmt |
| Exclusion | $525,146,592 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $82,319,446 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $104,743,778 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$22,424,332 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$22,424,332 | TotalRevenueColumnAmt |
| Exclusion | -$22,424,332 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $502,722,260 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $502,722,260 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,228,684 | TotalAmt |
| Program Services | $19,228,684 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,676,065 | TotalAmt |
| Program Services | $542,545 | ProgramServicesAmt |
| Management And General | $1,133,520 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,306 | TotalAmt |
| Program Services | $2,907 | ProgramServicesAmt |
| Management And General | $5,399 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,717 | TotalAmt |
| Program Services | $24,051 | ProgramServicesAmt |
| Management And General | $44,666 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $251,558 | TotalAmt |
| Management And General | $251,558 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $472,456 | TotalAmt |
| Program Services | $236,228 | ProgramServicesAmt |
| Management And General | $236,228 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $664,181 | TotalAmt |
| Management And General | $664,181 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,852 | TotalAmt |
| Program Services | $17,322 | ProgramServicesAmt |
| Management And General | $18,530 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $25,772 | TotalAmt |
| Program Services | $12,886 | ProgramServicesAmt |
| Management And General | $12,886 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,565 | TotalAmt |
| Program Services | $14,283 | ProgramServicesAmt |
| Management And General | $14,282 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,385 | TotalAmt |
| Management And General | $196,385 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,581 | TotalAmt |
| Management And General | $78,581 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,798 | TotalAmt |
| Management And General | $40,798 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,540 | TotalAmt |
| Program Services | $2,770 | ProgramServicesAmt |
| Management And General | $2,770 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,130 | TotalAmt |
| Program Services | $583 | ProgramServicesAmt |
| Management And General | $36,547 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| UBIT TAX EXPENSE | $611,495 | $0 | $611,495 |
| BANK SERVICE CHARGES | $42,471 | $3,034 | $39,437 |
| DUES AND SUBSCRIPTIONS | $18,277 | $0 | $18,277 |
| TELEPHONE | $11,755 | $5,877 | $5,878 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,502,588 | TotalAmt |
| Program Services | $20,091,170 | ProgramServicesAmt |
| Management And General | $3,411,418 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part X | Yes (X) | InfoInScheduleOPartXInd |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,045,467 | BOYAmt |
| EOY | $2,792,557 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,120,513 | BOYAmt |
| EOY | $519,672 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,637,821 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $67,550 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,809 | BOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $36,264 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $11,081 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,723 | BOYAmt |
| EOY | $25,183 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $58,714,533 | BOYAmt |
| EOY | $103,719,114 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $557,079,547 | BOYAmt |
| EOY | $649,966,325 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $398,785 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $630,662,413 | BOYAmt |
| EOY | $757,489,186 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $415,751 | BOYAmt |
| EOY | $403,109 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $43,500,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $1,263,212 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $415,751 | BOYAmt |
| EOY | $45,166,321 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $630,246,662 | BOYAmt |
| EOY | $712,322,865 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $630,246,662 | BOYAmt |
| EOY | $712,322,865 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $630,662,413 | BOYAmt |
| EOY | $757,489,186 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $479,219,672 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $50,308,298 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$447,451,767 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 13 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp (13 entries)
| EINEIN | Organization TypeOrganizationTypeDesc | Governing Document ListedGoverningDocumentListedInd | SupportSupportAmt | Other SupportOtherSupportAmt |
|---|---|---|---|---|
| CARNEGIE MELLON UNIVERSITY | ||||
| 250969449 | 2 | Yes (1) | $10,287,345 | $0 |
| UNIVERSITY OF PITTSBURGH | ||||
| 250965591 | 2 | Yes (1) | $4,807,171 | $0 |
| THIEL COLLEGE | ||||
| 250965576 | 2 | Yes (1) | $961,434 | $0 |
| PRINCETON UNIVERSITY | ||||
| 210634501 | 2 | Yes (1) | $576,861 | $0 |
| DUQUESNE UNIVERSITY OF THE HOLY SPIRIT | ||||
| 251035663 | 2 | Yes (1) | $480,717 | $0 |
| CHATHAM UNIVERSITY | ||||
| 250717890 | 2 | Yes (1) | $192,287 | $0 |
| THE PITTSBURGH FOUNDATION | ||||
| 250965466 | 8 | Yes (1) | $697,040 | $0 |
| UNITED WAY OF ALLEGHENY COUNTY | ||||
| 251043578 | 7 | Yes (1) | $264,394 | $0 |
| CARNEGIE INSTITUTE | ||||
| 250965280 | 7 | Yes (1) | $192,287 | $0 |
| LAUREL HIGHLANDS COUNCIL BOY SCOUTS OF AMERICA | ||||
| 250965214 | 7 | Yes (1) | $192,287 | $0 |
| HISTORICAL SOCIETY OF WESTERN PENNSYLVANIA | ||||
| 250965391 | 7 | Yes (1) | $192,287 | $0 |
| PITTSBURGH SYMPHONY INC | ||||
| 250986052 | 7 | Yes (1) | $192,287 | $0 |
| PITTSBURGH TRUST FOR CULTURAL RESOURCES | ||||
| 251469002 | 7 | Yes (1) | $192,287 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 13 | SupportedOrganizationsTotalCnt |
| Support Sum | $19,228,684 | SupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | Yes (1) | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV, SECTION B. TYPE I SUPPPORTING ORGANIZATIONS, LINE 2 | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION IS CONTROLLED BY CARNEGIE MELLON UNIVERSITY, THE UNIVERSITY OF PITTSBURGH, AND THIEL COLLEGE BY REASON OF THEIR COLLECTIVE POWER TO APPOINT A MAJORITY OF THE SEATS ON THE BOARD OF TRUSTEES OF THE FOUNDATION. THREE OF THE NONCONTROLLING SUPPORTED ORGANIZATIONS ARE ALSO INSTITUTIONS OF HIGHER EDUCATION. THE REMAINING ORGANIZATIONS ASSIST AND CARRY OUT THE PURPOSES OF THE CONTROLLING SUPPORTED ORGANIZATIONS BY PROVIDING CULTURAL, SOCIAL, AND EDUCATIONAL SERVICES THAT ENHANCE THE VIBRANCY AND ECONOMY OF THE WESTERN PENNSYLVANIA REGION FROM WHICH THE CONTROLLING ORGANIZATIONS DRAW CONSTITUENCY. | ExplanationTxt |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $12,841 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,712 | DepreciationAmt |
| Book Value | $11,129 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $23,423 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,369 | DepreciationAmt |
| Book Value | $14,054 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $25,183 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| PRIVATE EQUITY LIMITED PARTNERSHIPS | $608,633,043 | F |
| HEDGE FUND INVESTMENTS | $41,333,282 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $649,966,325 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| ACCRUED PAYROLL | $518,586 |
| ACCRUED UBIT | $585,000 |
| FSA BENEFITS WH | $1,560 |
| 457F ACCRUAL | $158,066 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,263,212 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION ACCOUNTS FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR FINANCIAL STATEMENT RECOGNITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE STANDARD ALSO PROVIDES GUIDANCE ON RECOGNITION, DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING FOR INTERIM PERIODS, DISCLOSURE AND TRANSITION. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31, 2014 BASED ON CURRENT FACTS AND CIRCUMSTANCES. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES WOULD BE INCLUDED IN OPERATING EXPENSE IF INCURRED BY THE ORGANIZATION. THE OPEN AUDIT PERIODS ARE 2011 THROUGH 2014. | ExplanationTxt |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (5 entries)
| RegionRegionTxt | OfficesOfficesCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|
| CENTRAL AMERICA AND CARIBBEAN | 0 | INVESTMENT | $257,121,681 |
| NORTH AMERICA | 0 | INVESTMENT | $1,206,895 |
| SUB-SAHARAN AFRICA | 0 | INVESTMENT | $5,620,377 |
| EAST ASIA AND THE PACIFIC | 0 | INVESTMENT | $278,715 |
| EUROPE | 0 | INVESTMENT | $2,443,474 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continutation Total Office | 0 | ContinutationTotalOfficeCnt |
| Continutation Total Employee | 0 | ContinutationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $266,671,142 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $266,671,142 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (1) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (15 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| CARNEGIE MELLON UNIVERSITY | |||||||
| 5000 FORBES AVE WARNER HALL 6 | PITTSBURGH | PA | 152133890 | 250969449 | 501(C)(3) | $10,287,345 | GRADUATE SUPPORT AND TECHNOLOGY |
| UNIVERSITY OF PITTSBURGH | |||||||
| 116 ATWOOD STREET SUITE 201 | PITTSBURGH | PA | 152600100 | 250965591 | 501(C)(3) | $4,807,171 | GRADUATE STUDENT SUPPORT |
| THIEL COLLEGE | |||||||
| 75 COLLEGE AVENUE | GREENVILLE | PA | 16125 | 250965576 | 501(C)(3) | $961,434 | HONORS COLLEGE CURRICULUM |
| PRINCETON UNIVERSITY | |||||||
| 701 CARNEGIE CENTER SUITE 442 | PRINCETON | NJ | 08540 | 210634501 | 501(C)(3) | $576,861 | SCHOLARSHIPS/ECONOMICS |
| DUQUESNE UNIVERSITY | |||||||
| 600 FORBES AVENUE | PITTSBURGH | PA | 152820226 | 251035663 | 501(C)(3) | $480,717 | SCHOLARSHIPS |
| CHATHAM UNIVERSITY | |||||||
| WOODLAND ROAD | PITTSBURGH | PA | 15232 | 250717890 | 501(C)(3) | $192,287 | FACULTY DEVELOPMENT |
| THE PITTSBURGH FOUNDATION COMMUNITY FUND | |||||||
| FIVE PPG PLACE NO 250 | PITTSBURGH | PA | 152225401 | 250965466 | 501(C)(3) | $697,040 | COMMUNITY SUPPORT GENERATION |
| UNITED WAY OF ALLEGHENY COUNTY | |||||||
| 1250 PENN AVENUE | PITTSBURGH | PA | 152224258 | 251043578 | 501(C)(3) | $264,394 | CHILDREN & YOUTH PROGRAMS |
| CARNEGIE INSTITUTE | |||||||
| 4400 FORBES AVENUE | PITTSBURGH | PA | 152134080 | 250965280 | 501(C)(3) | $192,287 | TECHNOLOGY INITIATIVES |
| BOY SCOUTS LAUREL HIGHLANDS COUNCIL | |||||||
| 1275 BEDFORD AVE FLAG PLAZA | PITTSBURGH | PA | 152193645 | 250965214 | 501(C)(3) | $192,287 | STEM SCOUTING PROGRAM |
| HISTORICAL SOCIETY OF WESTERN PENNSYLVANIA | |||||||
| 1212 SMALLMAN STREET | PITTSBURGH | PA | 152224200 | 250965391 | 501(C)(3) | $192,287 | EXHIBITIONS AND EDUCATION |
| PITTSBURGH SYMPHONY INC | |||||||
| HEINZ HALL 600 PENN AVENUE | PITTSBURGH | PA | 15222 | 250986052 | 501(C)(3) | $192,287 | COMMUNITY ENGAGEMENT |
| PITTSBURGH CULTURAL TRUST | |||||||
| 803 LIBERTY AVENUE | PITTSBURGH | PA | 152223703 | 251469002 | 501(C)(3) | $192,287 | THEATRE PERFORMANCES |
| (no name) | |||||||
| COMMUNITY SUPPORT | |||||||
| (no name) | |||||||
| COMMUNITY SUPPORT | |||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 13 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JARED L COHON | ||||||||||||||
| EDUCATIONAL TRUSTEE | $7,500 | $396,383 | $0 | $0 | $0 | $40,183 | $0 | $20,800 | $0 | $23,402 | $7,500 | $480,768 | $0 | $0 |
| MARK A NORDENBERG | ||||||||||||||
| EDUCATIONAL TRUSTEE | $7,500 | $571,422 | $0 | $119,773 | $0 | $176,307 | $0 | $69,090 | $0 | $58,713 | $7,500 | $995,305 | $0 | $0 |
| EDWARD J GREFENSTETTE | ||||||||||||||
| COMMUNITY TRUSTEE, PRESIDENT, CEO/CI | $420,000 | $0 | $252,000 | $0 | $5,938 | $0 | $453,966 | $0 | $7,255 | $0 | $1,139,159 | $0 | $252,000 | $0 |
| PATRICK GALLAGHER | ||||||||||||||
| EDUCATIONAL TRUSTEE | $7,500 | $216,269 | $0 | $0 | $0 | $2,323 | $0 | $14,000 | $0 | $38,376 | $7,500 | $270,968 | $0 | $0 |
| SUBRA SURESH | ||||||||||||||
| EDUCATIONAL TRUSTEE | $7,500 | $738,063 | $0 | $0 | $0 | $110,237 | $0 | $140,800 | $0 | $49,540 | $7,500 | $1,038,640 | $0 | $0 |
| MATTHEW W ROZYCZKA | ||||||||||||||
| INVESTMENT MANAGER | $152,000 | $0 | $0 | $0 | $0 | $0 | $104,320 | $0 | $6,958 | $0 | $263,278 | $0 | $0 | $0 |
| RYAN L VACCARO | ||||||||||||||
| INVESTMENT MANAGER | $152,000 | $0 | $0 | $0 | $0 | $0 | $104,320 | $0 | $7,389 | $0 | $263,709 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | EMPLOYEES TRAVELING ON FOUNDATION BUSINESS ARE PERMITTED TO FLY FIRST CLASS ON OVERSEAS FLIGHTS EXCEEDING 12 CONSECUTIVE HOURS. ALL OTHER AIRLINE TRAVEL MUST BE BOOKED AT THE MOST ECONOMICAL TRAVEL AVAILABLE THAT IS REASONABLE AND EFFICIENT TO THE INTENDED PURPOSE OF THE TRAVEL. CHARTER FLIGHTS ARE NOT PERMITTED. MEMBERSHIP IN A DOWNTOWN SOCIAL CLUB IS MADE AVAILABLE TO THE PRESIDENT/CEO/CIO TO PROVIDE AN APPROPRIATE MEETING PLACE FOR FOUNDATION BUSINESS AND FOR ACCOMMODATING FOUNDATION GUESTS. EXPENSES INCURRED FOR PERSONAL USE OF THE CLUB ARE DOCUMENTED BY THE PRESIDENT/CEO/CIO AND ARE NOT REIMBURSED BY THE FOUNDATION. |
| PART I, LINE 4B | EFFECTIVE JANUARY 1, 2014, THE FOUNDATION ESTABLISHED A DEFERRED COMPENSATION PLAN AS SET FORTH IN CODE SECTION 457(F) OF THE INTERNAL REVENUE CODE. THE FOLLOWING BENEFIT AMOUNTS WERE ACCRUED FOR THE YEAR ENDED DECEMBER 31, 2014: EDWARD J. GREFENSTETTE 116,466 MATTHEW W. ROZYCZKA 15,200 RYAN L. VACCARO 15,200 NANCY A. WATSON 11,200 TOTAL 158,066 |
| PART I, LINE 7 | EMPLOYEES ARE ENTITLED TO A PERFORMANCE BONUS DETERMINED ANNUALLY. THE AMOUNT OF THE BONUS ACTUALLY PAID IS DISCRETIONARY. THE CEO DETERMINES THE AMOUNT OF EACH EMPLOYEE'S RECOMMENDED BONUS. THE BONUS OF THE CEO IS DETERMINED BY THE COMPENSATION COMMITTEE SUBJECT TO REVIEW AND RECOMMENDATION OF OUTSIDE HUMAN RESOURCES CONSULTANTS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | ERIC C. JOHNSON AND EDWARD GREFENSTETTE HAVE A BUSINESS RELATIONSHIP. JAMES ROHR AND THOMAS USHER HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE FOUNDATION IS ADMINISTERED BY NINE TRUSTEES. FIVE(5) OF THE NINE(9) TRUSTEES ARE EDUCATIONAL INSTITUTION TRUSTEES APPOINTED BY THE CONTROLLING SUPPORTED ORGANIZATION AS FOLLOWS: TWO(2) BY CARNEGIE MELLON UNIVERSITY, TWO(2) BY THE UNIVERSITY OF PITTSBURGH, AND ONE (1) BY THIEL COLLEGE AT THE DISCRETION OF THE CHIEF EXECUTIVE OF EACH INSTITUTION. THE REMAINING FOUR(4) TRUSTEES ARE COMMUNITY TRUSTEES. IN THE EVENT OF A VACANCY IN THE OFFICE OF THE COMMUNITY TRUSTEES, A MAJORITY OF THE COMMUNITY TRUSTEES REMAINING IN OFFICE SHALL HAVE THE POWER TO APPOINT A SUCCESSOR TO FILL THE VACANCY. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FOUNDATION CONTROLLER IS RESPONSIBLE FOR GATHERING RELEVANT INFORMATION AND PREPARING A DRAFT OF THE ANNUAL FORM 990. ONCE THE FORM IS IN DRAFT STATUS, IT IS REVIEWED AND COMPLETED BY THE FOUNDATION'S INDEPENDENT ACCOUNTING FIRM. THE DRAFT FORM IS THEN PROVIDED TO THE FOUNDATION'S PRESIDENT/CEO/CIO AND AUDIT COMMITTEE FOR REVIEW AND COMMENT. A COMPLETED COPY OF THE FORM IS PROVIDED TO THE BOARD OF TRUSTEES TO REVIEW PRIOR TO FIING. |
| FORM 990, PART VI, SECTION B, LINE 12C | MEMBERS OF THE BOARD OF TRUSTEES AND KEY EMPLOYEES COMPLETE CONFLICT OF INTEREST POLICY STATEMENTS ON AN ANNUAL BASIS. THESE STATEMENTS ARE REVIEWED BY THE FOUNDATION PRESIDENT/CEO/CIO AND MAINTAINED BY HIS EXECUTIVE ASSISTANT. ALL TRUSTEES AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE CONFLICTS IF THEY ARISE DURING THE YEAR. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE ANNUALLY REVIEWS AND RECOMMENDS TO THE BOARD OF TRUSTEES APPROVAL OF THE PRESIDENT/CEO/CIO'S SALARY AND BENEFITS PACKAGE. THE COMPENSATION COMMITTEE OBTAINS ANALYSIS FROM AN EXTERNAL HUMAN RESOURCES CONSULTANT WHO UTILIZES BENCHMARKING DATA FROM ORGANIZATIONS OF SIMILAR SIZE AND NATURE AND PROVIDES A WRITTEN REASONABLENESS OPINION. THE COMPENSATION COMMITTEE, IN CONSULTATION WITH THE CHAIRMAN OF THE BOARD OF TRUSTEES, CONDUCTS A PERFORMANCE EVALUATION OF THE PRESIDENT/CEO/CIO. THE COMPENSATION COMMITTEE SHARES THE RESULTS OF THIS EVALUATION WITH THE BOARD OF TRUSTEES AND MAKES A RECOMMENDATION TO THE TRUSTEES REGARDING ANNUAL COMPENSATION AND BENEFITS. APPROVAL OF THE COMPENSATION AND BENEFITS PACKAGE FOR THE PRESIDENT/CEO/CIO IS FORMALIZED BY WRITTEN CONSENT OF ALL TRUSTEES. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE INFORMATION IS AVAILABLE UPON REQUEST OF THE PRESIDENT/CEO/CIO AND/OR THE CONTROLLER. |
| FORM 990, PART VII, SECTION A, LINE 1B | THE PRESIDENT/CEO/CIO AND HIGHLY-COMPENSATED EMPLOYEES ARE EMPLOYED ON A FULL-TIME, 40-HOUR/WEEK SCHEDULE. DUE TO THE NATURE OF THEIR POSITIONS, HOWEVER, THEIR AVERAGE WORKING HOURS PER WEEK WILL FREQUENTLY, AND MAY SUBSTANTIALLY, EXCEED A TYPICAL 40-HOUR WEEK. |
| FORM 990, PART IX STATEMENT OF FUNCTIONAL EXPENSES, LINE 20 - INTEREST | SEE EXPLANATION FOR PART X, LINE 23 - SECURED MORTGAGES AND NOTES PAYABLE. |
| FORM 990, PART X BALANCE SHEET,LINE 23-SECURED MORTGAGES AND NOTES PAYABLE | INTEREST OF $40,798 REPORTED ON PART IX, LINE 20, CONSISTS OF EQUALIZATION PAYMENTS MADE UPON ENTRY INTO NEW INVESTMENT FUNDS SUBSEQUENT TO FIRST CLOSE. AS ALSO NOTED ON SCHEDULE R, PART VII, ALL ASSETS AND LIABILITIES OF WHOLLY-OWNED SUBSIDIARY ENTITY MALLARD, LTD. WERE TRANSFERRED TO THE FOUNDATION ON DECEMBER 31, 2014 AT 11:59 PM. NOTES PAYABLE OF $43,500,000 NOTED IN PART X, LINE 23, HAD BEEN A LIABILITY OF MALLARD LTD. INTEREST RELATED TO THIS INDEBTEDNESS HAD BEEN PAID BY MALLARD LTD. DURING CALENDAR YEAR 2014. |
| FORM 990, PART XI, LINE 9: | REALIZED GAINS NET OF GENERAL AND ADMINISTRATIVE EXPENSES - SUBSIDIARIES 74,027,424. NET UNREALIZED GAIN ON INVESTMENTS - SUBSIDIARIES 0. DIVIDENDS FROM SUBSIDIARIES (INCLUDED IN INVESTMENT INCOME, PART VIII, LINE 3) -521,479,191. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (13 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| CARNEGIE MELLON UNIVERSITY | ||||||||||
| 5000 FORBES AVENUE WARNER HALL 6 | PITTSBURGH | PA | 152133890 | 250969449 | SUPPORTED ORGANIZATION | PA | 501(C)(3) | LINE 2 | N/A | 0 |
| UNIVERSITY OF PITTSBURGH | ||||||||||
| 116 ATWOOD STREET SUITE 201 | PITTSBURGH | PA | 152600100 | 250965591 | SUPPORTED ORGANIZATION | PA | 501(C)(3) | LINE 2 | N/A | 0 |
| THIEL COLLEGE | ||||||||||
| 75 COLLEGE AVENUE | GREENVILLE | PA | 16125 | 250965576 | SUPPORTED ORGANIZATION | PA | 501(C)(3) | LINE 2 | N/A | 0 |
| PRINCETON UNIVERSITY | ||||||||||
| 701 CARNEGIE CENTER SUITE 442 | PRINCETON | NJ | 08540 | 210634501 | SUPPORTED ORGANIZATION | NJ | 501(C)(3) | LINE 2 | N/A | 0 |
| DUQUESNE UNIVERSITY OF THE HOLY SPIRIT | ||||||||||
| 600 FORBES AVENUE | PITTSBURGH | PA | 152820226 | 251035663 | SUPPORTED ORGANIZATION | PA | 501(C)(3) | LINE 2 | N/A | 0 |
| CHATHAM UNIVERSITY | ||||||||||
| WOODLAND ROAD | PITTSBURGH | PA | 15232 | 250717890 | SUPPORTED ORGANIZATION | PA | 501(C)(3) | LINE 2 | N/A | 0 |
| THE PITTSBURGH FOUNDATION | ||||||||||
| FIVE PPG PLACE NO 250 | PITTSBURGH | PA | 152225401 | 250965466 | SUPPORTED ORGANIZATION | PA | 501(C)(3) | LINE 8 | N/A | 0 |
| UNITED WAY OF ALLEGHENY COUNTY | ||||||||||
| 1250 PENN AVENUE | PITTSBURGH | PA | 152224258 | 251043578 | SUPPORTED ORGANIZATION | PA | 501(C)(3) | LINE 7 | N/A | 0 |
| CARNEGIE INSTITUTE | ||||||||||
| 4400 FORBES AVENUE | PITTSBURGH | PA | 152134080 | 250965280 | SUPPORTED ORGANIZATION | PA | 501(C)(3) | LINE 7 | N/A | 0 |
| LAUREL HIGHLANDS COUNCIL BOY SCOUTS OF AMERICA | ||||||||||
| 1275 BEDFORD AVENUE FLAG PLAZA | PITTSBURGH | PA | 152193645 | 250965214 | SUPPORTED ORGANIZATION | PA | 501(C)(3) | LINE 7 | N/A | 0 |
| HISTORICAL SOCIETY OF WESTERN PENNSYLVANIA | ||||||||||
| 1212 SMALLMAN STREET | PITTSBURGH | PA | 152224200 | 250965391 | SUPPORTED ORGANIZATION | PA | 501(C)(3) | LINE 7 | N/A | 0 |
| PITTSBURGH SYMPHONY INC | ||||||||||
| HEINZ HALL 600 PENN AVENUE | PITTSBURGH | PA | 15222 | 250986052 | SUPPORTED ORGANIZATION | PA | 501(C)(3) | LINE 7 | N/A | 0 |
| PITTSBURGH TRUST FOR CULTURAL RESOURCES | ||||||||||
| 803 LIBERTY AVENUE | PITTSBURGH | PA | 152223703 | 251469002 | SUPPORTED ORGANIZATION | PA | 501(C)(3) | LINE 7 | N/A | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MALLARD LTD | BusinessNameLine1Txt |
Foreign Address ForeignAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 190 ELGIN AVENUE | AddressLine1Txt |
| City | GEORGETOWN | CityNm |
| Province Or State | GRAND CAYMAN | ProvinceOrStateNm |
| Country | CJ | CountryCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Activities | INVESTMENT ACTIVITY | PrimaryActivitiesTxt |
| Legal Domicile Foreign Country | CJ | LegalDomicileForeignCountryCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIETRICH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $74,027,424 | ShareOfTotalIncomeAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (1) | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | Yes (1) | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (14 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CARNEGIE MELLON UNIVERSITY | ||
| B | $10,287,345 | CASH |
| UNIVERSITY OF PITTSBURGH | ||
| B | $4,807,171 | CASH |
| THIEL COLLEGE | ||
| B | $961,434 | CASH |
| PRINCETON UNIVERSITY | ||
| B | $576,861 | CASH |
| DUQUESNE UNIVERSITY OF THE HOLY SPIRIT | ||
| B | $480,717 | CASH |
| CHATHAM UNIVERSITY | ||
| B | $192,287 | CASH |
| THE PITTSBURGH FOUNDATION | ||
| B | $697,040 | CASH |
| UNITED WAY OF ALLEGHENY COUNTY | ||
| B | $264,394 | CASH |
| CARNEGIE INSTITUTE | ||
| B | $192,287 | CASH |
| LAUREL HIGHLANDS COUNCIL BOY SCOUTS OF AMERICA | ||
| B | $192,287 | CASH |
| HISTORICAL SOCIETY OF WESTERN PENNSYLVANIA | ||
| B | $192,287 | CASH |
| PITTSBURGH SYMPHONY INC | ||
| B | $192,287 | CASH |
| PITTSBURGH TRUST FOR CULTURAL RESOURCES | ||
| B | $192,287 | CASH |
| MALLARD LTD | ||
| F | $521,479,191 | FAIR VALUE |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV, LINE 21 | FormAndLineReferenceDesc |
| Explanation | ON NOVEMBER 18, 2014, MALLARD LTD. ENTERED INTO VOLUNTARY LIQUIDATION AND ITS LIABILITIES WERE ASSUMED AND ALL REMAINING ASSETS TRANSFERRED TO THE DIETRICH FOUNDATION EFFECTIVE DECEMBER 31, 2014, 11:59 PM. MALLARD LTD. WAS DISSOLVED IN 2015. | ExplanationTxt |