2013-01-31T13:02:40-06:00 2012-06-30 453941203 MALIN BERGQUIST & COMPANY LLP 351 HARVEY AVENUE SUITE A GREENSBURG PA 15601 990 2011-07-01 251653944 PRESSLEY RIDGE FOUNDATION PRES 4128729400 5500 CORPORATE DRIVE NO 400 PITTSBURGH PA 15237 DOUGLAS A MULLINS 4128729433 2013-01-30 1 JEFFREY P ANZOVINO CPA MSA P00025952 7248388322 2011 2016-02-25 16:41:14Z SUSANNE COLE 5500 CORPORATE DRIVE NO 400 PITTSBURGH PA 15237 2315265 0 X WWW.PRESSLEYRIDGE.ORG X 1991 PA TO PROVIDE SUPPORT TO PRESSLEY RIDGE, A RELATED NON-PROFIT ORGANIZATION. 2 2 0 100 0 0 322354 492146 0 0 1404978 751903 -4395 5663 1722937 1249712 1693617 861214 0 0 449269 296876 0 31200 268578 241490 202599 2384376 1391889 -661439 -142177 40536267 39745077 266831 118445 40269436 39626632 X TO PROVIDE SUPPORT TO PRESSLEY RIDGE A RELATED 501(C)(3) ORGANIZATION. 0 0 218577 218577 PRESSLEY RIDGE INSTITUTE SUPPORT. 183812 183812 PRESSLEY RIDGE OPERATIONS SUPPORT. 329400 329400 OPERATIONAL SUPPORT TO PRESSLEY RIDGE PORTUGAL AND PRESSLEY RIDGE HUNGARY 68655 68655 CASH ASSISTANCE TO CHILDREN AND FAMILIES SERVICED BY PRESSLEY RIDGE 60770 60770 CONTRIBUTIONS TO AUBERLE, HOLY FAMILY AND THE WOODLANDS (ALL NON-PROFIT ORGANIZATIONS) 129425 129425 861214 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 1 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 X 2 2 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 PA VA WV OH X DOUGLAS A MULLINS CHIEF FINANCIAL OFFICER 4128729400 5500 CORPORATE DRIVE PITTSBURGH PA 15237 SCOTT ERICKSON 40.00 X X 0 204256 19054 SUSANNE COLE 40.00 X X 0 295500 30095 BETH BLAIR 40.00 X X 0 122300 19507 JON HENDERSON 2.00 X X 0 0 0 JOHN CULBERTSON 2.00 X X 0 0 0 B SCOTT FINNELL 0.00 X 0 506187 1255 0 1128243 69911 0 1 1 0 0 192995 299151 492146 642967 642967 1116599 1007663 108936 108936 108936 63553 192995 57890 5663 5663 1249712 0 0 757566 463159 463159 68655 68655 329400 329400 117666 42471 75195 144355 51941 92414 924 64 860 18371 9734 8637 15560 5671 9889 2914 490 2424 7000 7000 31200 31200 76225 76225 1884 1486 398 10532 505 10027 21977 11983 9994 39672 35506 4166 1221 1212 9 1553 1461 92 2904 2834 70 36717 13514 23203 1391889 861214 262097 268578 585927 710120 50581 29003 50630 10000 20950792 20332065 18727551 18405629 221416 207630 40536267 39745077 44482 266831 73963 266831 118445 X 34865918 34248951 489243 453397 4914275 4924284 40269436 39626632 40536267 39745077 X -142177 -500627 X X 0 1 1 X 0 X X X 0 0 0 PRESSLEY RIDGE 250965460 170(B)(1)(A)(I) 1 1 1 400104 1 400104 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4692859 94778 70983 4716654 3850641 921004 78786 4692859 3363454 560146 72959 3850641 4220616 -789834 67328 3363454 1.00000 0 0 0 COMMONFUNDS (VARIOUS) 2976904 F OVERSEAS CAP PARTNERS INC CLASS A NEW ISSUE SERIES 3666419 F ISHARES TR RUSSELL 1000 5184860 F DFA US LARGE CAP VALUE 4488965 F HARBOR INTERNATIONAL 2088481 F 18405629 ACCOUNTS PAYABLE PRESSLEY RIDGE - RELATED PARTY 13193 UNDISTRIBUTED PROMISES TO GIVE 60770 73963 1249712 1391889 -142177 -500627 -500627 -642804 806975 -500627 57890 -442737 1249712 0 1249712 1449779 57890 57890 1391889 0 1391889 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS RELEASED FROM RESTRICTION ARE USED TO SUPPORT PRESSLEY RIDGE OPERATIONS. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 57,890. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 57,890. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENT 3666419 0 0 0 0 0 0 3666419 0 3666419 EUROPE SUPPORT PROGRAM ACTIVITIES OF PRESSLEY RIDGE PORTUGAL 100366 REIMBURSEMENT BY CHECK 44683 MANAGEMENT TRAINING AND DEVELOPMENT COST EUROPE SUPPORT PROGRAM ACTIVITIES OF PRESSLEY RIDGE HUNGARY 139668 REIMBURSEMENT BY CHECK 44683 MANAGEMENT TRAINING AND DEVELOPMENT COST 2 0 0 0 1 0 0 X X X X X X 1 DRIVE MARKETING LLC 375 SOUTHPOINT BLVD STE 130 CANNONSBURG PA 15317 MARKETING, EVENT MANAGEMENT 0 181915 24000 157915 181915 24000 157915 PA WV VA MD OH ICE CREAM FUNDRAISER 74633 64633 10000 5000 2877 GOLF OUTING 181915 128362 53553 5638 10000 16075 18300 256548 192995 63553 5638 15000 16075 21177 57890 5663 1 PRESSLEY RIDGE 5500 CORPORATE DRIVE SUITE 400 PITTSBURGH PA 15237 250965460 501(C)(3) 400104 TO ASSIST PRESSLEY RIDGE OPERATIONS AND THEIR MISSION. PRESSLEY RIDGE MARYLAND 5500 CORPORATE DRIVE SUITE 400 PITTSBURGH PA 15237 263690486 501(C)(3) 2285 TO ASSIST PRESSLEY RIDGE MARYLAND OPERATIONS AND THEIR MISSION. WOODLANDS FOUNDATION INC 134 SHENOT ROAD BUILDING ONE WEXFORD PA 15090 251818538 501(C)(3) 33590 TO ASSIST WOODLANDS FOUNDATION INC. OPERATIONS AND THEIR MISSION HOLY FAMILY LEARNING INC 8235 OHIO RIVER BLVD PITTSBURGH PA 15202 232939532 501(C)(3) 13590 TO ASSIST HOLY FAMILY LERNING, INC. OPERATIONS AND THEIR MISSION AUBERLE 1101 HARTMAN STREET MCKEESPORT PA 15132 251712316 501(C)(3) 13590 TO ASSIST AUBERLE OPERATIONS AND THEIR MISSION 5 CASH ASSISTANCE TO CHILDREN AND FAMILIES SERVICED BY PRESSLEY RIDGE 250 68655 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: MAINTAINS CLOSE RELATIONSHIP WITH ORGANIZATIONS. EXAMINES THEIR 990S. CERTAIN BOARD MEMBERS SERVE ON PRESSLEY RIDGE, PRESSLEY RIDGE MARYLAND AND PRESSLEY RIDGE FOUNDATION BOARD. 1 1 0 0 0 0 0 1 0 SCOTT ERICKSON 0 204256 0 0 0 0 0 18383 0 671 0 223310 0 0 SUSANNE COLE 0 240000 0 55500 0 0 0 20685 0 9410 0 325595 0 0 B SCOTT FINNELL 0 0 0 0 0 506187 0 1218 0 37 0 507442 0 0 PART I, LINE 3 PRESSLEY RIDGE FOUNDATION RELIED ON PRESSLEY RIDGE (RELATED ORGANIZATION) THAT UTILITIZED THE FOLLOWING METHODS TO ESTABLISH THE OFFICER'S COMPENSATION: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, WRITTEN EMPLOYMENT CONTRACTS AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINES 4A-B B. SCOTT FINNELL - $506,187 SEVERANCE PAYMENT DUE TO SEPERATION OF EMPLOYMENT; AGREEMENT NEGOTIATED AND APPROVED BY THE BOARD OF DIRECTORS B. SCOTT FINNELL - $646 457(B) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN PART I, LINE 7 THE EXECUTIVE QUALITY INCENTIVE PROGRAM WAS CREATED TO PROVIDE INCENTIVE WITHIN THE FRAMEWORK OF COMPENSATION ARRANGEMENTS THAT THE US INTERNAL REVENUE SERVICE HAS VIEWED AS REASONABLE AND IS THE AWARD OF AN INCENTIVE SALARY PAYMENT IN ADDITION TO BASE PAY THAT IS MADE BASED ON THE ACHIEVEMENT OF QUALITY GOALS FOR THE ORGANIZATION THAT ARE ASSIGEND TO INDIVIDUAL PARTICIPANTS. ALL PAYMENTS ARE APPROVED BY THE BOARD OF DIRECTORS PRIOR TO PAYMENT. FORM 990, PART VI, SECTION A, LINE 7A PRESSLEY RIDGE, A RELATED PARTY, ELECTS BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B REGARDLESS OF THE POWERS CONFERRED BY OTHER SECTIONS OF THE BY-LAWS, THE FOUNDATION SHALL NEVERTHELESS BE SUBJECT TO THE EXCLUSIVE RIGHT BY PRESSLEY RIDGE THROUGH ITS BOARD OF DIRECTORS TO DO THE FOLLOWING: ELECT THE DIRECTORS OF THE FOUNDATION; REMOVE ANY AND ALL DIRECTORS AT ANY TIME; DETERMINE THE NUMBER OF DIRECTORS; APPOINT AND REMOVE ANY AND ALL OFFICERS OF THE FOUNDATION; APPROVE THE OVERALL INVESTMENT POLICY AND ANNUAL SPENDING POLICY OF THE FOUNDATION; APPROVE OR DISAPPROVE ALL AMENDMENTS TO THE ARTICLES OF INCORPORATION AND/OR BY-LAWS OF THE FOUNDATION; AND APPROVE OR DISAPPROVE OF THE ANNUAL CAPITAL AND OPERATING BUDGETS OF THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS WAS PROVIDED A COPY OF THE FORM 990 TO REVIEW BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUESTS AN ANNUAL DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTEREST FROM ITS EMPLOYEES AND BOARD MEMBERS, WHICH IS MONITORED REGULARLY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS COMMISSIONS AN INDEPENDENT ASSESSMENT BY MERCER, THE LEADING PROVIDER OF COMPENSATION DATA TO PERFORM A COMPENSATION ASSESSMENT. THE FEEDBACK FROM THIS ASSESSMENT IS PRESENTED TO AND REVIEWED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THIS PROCESS IS USED FOR TOP MANAGEMENT AND ALL OFFICERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON WRITTEN OR VERBAL REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -500,627. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. PRESSLEY RIDGE 5500 CORPORATE DRIVE SUITE 400 PITTSBURGH PA 15237 250965460 TO IMPROVE THE ADJUSTMENT AND ACHEIVEMENT OF CHILDEN AND YOUTH WITH TROUBLIN PA 501(C)(3) LINE 2 N/A 0 PRESSLEY RIDGE MARYLAND 5500 CORPORATE DRIVE SUITE 400 PITTSBURGH PA 15237 263690486 SPECIALIZED TREATMENT FOSTER CARE MD 501(C)(3) LINE 9 PRESSLEY RIDGE 1 PRESSLEY RIDGE PORTUGAL AV FERNANDO LOPES GRACA 7B CASAL 2650-439 AMADORA PO EDUCATIONAL ACTIVITIES PO PRESSLEY RIDGE 1 PRESSLEY RIDGE HUNGARY FOUNDATION 1142 BUDAPEST ALSOOR U 9/B HU EDUCATIONAL ACTIVITIES HU PRESSLEY RIDGE 1 0 1 0 1 0 0 0 0 0 0 1 0 1 1 1 0 0 0 PRESSLEY RIDGE B 400104 CONTRIBUTION AS NEEDED PRESSLEY RIDGE N 256434 PAYROLL EXPENSES PRESSLEY RIDGE O 40442 G&A ALLOCATION - PAYROLL PRESSLEY RIDGE K 494929 100% OF CONTRIBUTIONS RECEIVED PRESSLEY RIDGE D 12500000 AVAILABLE LOC PRESSLEY RIDGE D 1000000 VISA PURCHASING CARD LOC PRESSLEY RIDGE HUNGARY FOUNDATION B 184351 CONTRIBUTION AS NEEDED PRESSLEY RIDGE M 23273 BASED ON SQUARE FOOT USAGE PRESSLEY RIDGE PORTUGAL B 145049 CONTRIBUTION AS NEEDED PRESSLEY RIDGE MARYLAND B 2285 CONTRIBUTION AS NEEDED PRESSLEY RIDGE O 37741 G&A ALLOCATION - NON-PAYROLL