2012-11-12T10:16:32-06:00 2011-12-31 251408703 SCHNEIDER DOWNS & CO INC 1133 PENN AVENUE PITTSBURGH PA 15222 990 2011-01-01 204393147 THE JACK G BUNCHER CHARITABLE FUND FOR THE PITTSBURGH FOUNDATION JACK 4123915122 FIVE PPG PLACE NO 250 PITTSBURGH PA 152225401 GRANT OLIPHANT 4123915122 2012-11-12 1 SUSAN M KIRSCH P00341397 4122613644 2011 2016-02-24 21:20:13Z GRANT OLIPHANT FIVE PPG PLACE NO 250 PITTSBURGH PA 152225401 1602424 0 X N/A X 2007 PA TO SUPPORT THE PITTSBURGH FOUNDATION. 7 4 0 4 0 0 1452174 1593913 0 0 0 8278 0 233 1452174 1602424 25000 400000 0 0 0 0 0 0 0 142 1285 25142 401285 1427032 1201139 1492032 1890022 0 200000 1492032 1690022 THE JACK G. BUNCHER CHARITABLE FUND BENEFITS, PERFORMS THE FUNCTIONS OF, AND CARRIES OUT THE PURPOSES OF THE PITTSBURGH FOUNDATION ("TPF"), BY MAKING GRANTS TO CHARITABLE ORGANIZATIONS AND FOR CHARITABLE PURPOSES THAT FURTHER THE EXPRESS PURPOSE OF TPF. 0 0 400000 400000 0 DURING 2011, THE JACK G. BUNCHER CHARITABLE FUND APPROVED GRANTS TOTALING $400,000 IN ITS EFFORTS TO SUPPORT THE PITTSBURGH FOUNDATION. 400000 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 4 1 0 0 0 0 1 0 1 1 0 0 1 1 0 1 0 0 1 1 0 PA X BRYAN TAIT 4123942658 FIVE PPG PLACE SUITE 250 PITTSBURGH PA 152225401 THOMAS J BALESTRIERI 0.50 X 0 0 0 H WILLIAM DORING 0.50 X 0 0 0 BERNITA BUNCHER 0.50 X 0 0 0 ESTELLE F COMAY 0.50 X 0 0 0 GRANT OLIPHANT 0.50 X X 0 322520 9743 YVONNE MAHER 0.50 X X 0 145604 4690 MARY WILSON 0.50 X X 0 162466 12732 0 630590 27165 0 0 1 0 0 1593913 1293913 1593913 8278 8278 GAIN ON RECEIVABLE 900099 233 233 233 1602424 233 0 8278 400000 400000 1285 1285 401285 400000 1285 0 2358 2273 752174 1056696 737500 831053 1492032 1890022 0 200000 0 200000 X 1492032 1690022 1492032 1690022 1492032 1890022 X 1201139 -1003149 X X 0 1 1 X 0 X X X X 0 0 0 THE PGH FDN 250965466 8 1 1 1 401285 1 401285 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1056696 F 1056696 DUE FROM AFFILIATE 831053 831053 1602424 401285 1201139 -1003149 -1003149 197990 597990 -1003149 -1003149 1601139 1285 1285 1602424 400000 0 400000 1285 1285 401285 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FUND ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WHICH PROVIDES CRITERIA FOR THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THIS GUIDANCE REQUIRES THAT AN UNCERTAIN TAX POSITION SHOULD BE RECOGNIZED ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION IS SUSTAINABLE BASED ON ITS TECHNICAL MERITS. RECOGNIZABLE TAX POSITIONS SHOULD THEN BE MEASURED TO DETERMINE THE AMOUNT OF BENEFIT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE FUND FILES U.S. FEDERAL, STATE AND LOCAL INFORMATION RETURNS, AND NO RETURNS ARE CURRENTLY UNDER EXAMINATION. THE STATUTE OF LIMITATIONS ON THE FUND'S U.S. FEDERAL TAX RETURNS REMAINS OPEN FOR THE PERIODS ENDED DECEMBER 31, 2008 THROUGH THE PRESENT. THE FUND CONTINUES TO EVALUATE ITS TAX POSITION PURSUANT TO THE PRINCIPLES OF FASB GUIDANCE AND HAS DETERMINED THAT THERE IS NO MATERIAL IMPACT ON THE FUND'S FINANCIAL STATEMENTS. 1 THE PITTSBURGH FOUNDATION 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 250965466 501(C)(3) 400000 0 N/A N/A DAY OF GIVING 2011 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ORGANIZATIONS RECEIVING FUNDING MUST BE A 501(C)(3) CHARITABLE ORGANIZATION AS DETERMINED BY THE INTERNAL REVENUE SERVICE. A COPY OF THE IRS DETERMINATION LETTER MUST ACCOMPANY THE GRANT APPLICATION. ALL GRANTEES ARE REQUIRED TO PREPARE AND RETURN A DESCRIPTION OF HOW THE GRANT WAS USED WITHIN ONE YEAR AFTER RECEIVING THE GRANT (GRANT FOLLOW-UP REPORT). X X X 0 0 0 0 0 0 0 0 0 GRANT OLIPHANT 0 321278 0 0 0 1242 0 0 0 9743 0 332263 0 0 YVONNE MAHER 0 136374 0 9000 0 230 0 0 0 4690 0 150294 0 0 MARY WILSON 0 155056 0 7000 0 410 0 0 0 12732 0 175198 0 0 X 1 1293913 FMV 0 0 1 1 THIRD PARTY USE: PART I, LINE 32B: THE JACK G. BUNCHER CHARITABLE FUND USES INVESTMENT BANKS TO LIQUIDATE GIFTS OF BONDS AND MARKETABLE SECURITIES. FORM 990, PART VI, SECTION A, LINE 2 THE FOUNDATION IS A TYPE I SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION. AS A TYPE I SUPPORTING ORGANIZATION, THE PITTSBURGH FOUNDATION APPOINTS THE MAJORITY OF TRUSTEES. DURING 2011, THE TRUSTEES APPOINTED BY THE PITTSBURGH FOUNDATION INCLUDED BUSINESS RELATIONSHIPS WITH GRANT OLIPHANT - THE PRESIDENT/CEO OF THE PITTSBURGH FOUNDATION AND SEVERAL EMPLOYEES OF THE PITTSBURGH FOUNDATION INCLUDING MARY WILSON AND YVONNE MAHER. THESE INDIVIDUALS HAVE A BUSINESS RELATIONSHIP AS A RESULT OF THEIR COMMON EMPLOYMENT. FORM 990, PART VI, SECTION A, LINE 7A THE PITTSBURGH FOUNDATION APPOINTS 4 DIRECTORS, AND THE JACK G. BUNCHER CHARITABLE FUND APPOINTS 3 DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE OF THE PITTSBURGH FOUNDATION IS CHARGED WITH THE RESPONSIBILITY OF REVIEWING THE FORM 990 ON BEHALF OF ALL SUPPORTING ORGANIZATIONS AND EXECUTES THIS RESPONSIBILITY PRIOR TO THE FILING OF THE RETURNS WITH THE INTERNAL REVENUE SERVICE. THE ORGANIZATION'S FORM 990 IS REVIEWED INTERNALLY BY THE PITTSBURGH FOUNDATION'S PRESIDENT. ONCE APPROVED FOR FILING, A COMPLETE COPY OF THE RETURN IS PROVIDED TO ALL OF THE ORGANIZATION'S BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE JACK G. BUNCHER CHARITABLE FUND HAS ADOPTED A WRITTEN CONFLICT OF INTEREST POLICY. THE TRUSTEES ARE NOT REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT, BUT RATHER, ARE REQUIRED UNDER THE TERMS OF THE POLICY TO DISCLOSE ANY POTENTIONAL OR ACTUAL CONFLICT OF INTEREST IN CONNECTION WITH ANY FINANCIAL TRANSACTION BROUGHT BEFORE THE BOARD. BOARD MINUTES CLEARLY REFLECT THE RESOLUTION OF THE PERCEIVED AND/OR ACTUAL CONFLICT IN ACCORDANCE WITHT THE POLICY'S PROVISIONS. FOR EXAMPLE, IF THE A TRUSTEE SERVES ON THE BOARD OF ANY GRANT RECIPIENT, THIS FACT IS DISCLOSED AND VETTED IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY. PART VI, SECTION B, LINES 13 AND 14: THE PITTSBURGH FOUNDATION PERFORMS RECORDKEEPING AND OTHER SUPPORT SERVICES FOR ITS SUPPORTING ORGANIZATION, THE JACK G. BUNCHER CHARITABLE FUND. THESE SERVICES ARE PERFORMED IN ACCORDANCE WITH INTERNAL CONTROL POLICIES AND PROCEDURES THAT GOVERN ALL OPERATIONAL ACTIVITIES OF THE PITTSBURGH FOUNDATION. ACCORDINGLY, THE OPERATIONAL ACTIVITIES OF THE JACK G. BUNCHER FUND ARE GOVERNED BY THE FOLLOWING POLICIES AND PROCEDURES OF THE PITTSBURGH FOUNDATION: DOCUMENT DESTRUCTION, WHISTLEBLOWER POLICY, AND PROCESS FOR DETERMING COMPENSATION WHERE APPLICABLE. FORM 990, PART VI, SECTION B, LINE 15 THE JACK G. BUNCHER FUND DOES NOT COMPENSATE ANY INDIVIDUALS FOR BOARD OR EMPLOYMENT SERVICES. FORM 990 REQUIRES THE JACK G. BUNCHER FUND TO DISCLOSE COMPENSATION PAID BY ITS RELATED ORGANIZATION, THE PITTSBURGH FOUNDATION, FOR SERVICES THE INDIVIDUALS PROVIDE TO THE PITTSBURGH FOUNDATION. COMPENSATION IS AWARDED BY THE FOUNDATION PURSUANT TO A PROCESS THAT SATISFIES THE REQUIREMENTS OF THE INTEREMEDIATE SANCTIONS REGULATIONS. FORM 990, PART VI, SECTION C, LINE 19 ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ON FILE IN THE OFFICES OF THE PITTSBURGH FOUNDATION AND ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, LINE 1B: IN ORDER TO ENSURE THAT THE SUPPORTING ORGANIZATIONS ARE RESPONSIVE TO THE NEEDS OF THEIR SUPPORTED ORGANIZATION, THE PITTSBURGH FOUNDATION, THE FILING ORGANIZATION'S BYLAWS REQUIRE THE PITTSBURGH FOUNDATION TO APPOINT CERTAIN OF ITS BOARD MEMBERS. THE PITTSBURGH FOUNDATION HAS APPOINTED EMPLOYEES OF THE PITTSBURGH FOUNDATION TO SERVE AS THEIR REPRESENTATIVES ON THE SUPPORTING ORGANIZATION BOARD. THIS RELATIONSHIP ENSURES RESPONSIVENESS BETWEEN THE ORGANIZATIONS. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,003,149. FORM 990, PART XII, LINE 2C, FINANCIAL STATEMENTS AND REPORTING: THE AUDIT COMMITTEE OF THE PITTSBURGH FOUNDATION, AS PART OF ITS SHARED SERVICES ARRANGEMENT WITH THE JACK G. BUNCHER CHARITABLE FUND, ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS OF THE JACK G. BUNCHER CHARITABLE FUND AS WELL AS THE SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE PITTSBURGH FOUNDATION 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 250965466 COMMUNITY FOUNDATION PA 501(C)(3) LINE 8 0 CHARLES E KAUFMAN FOUNDATION 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 611488948 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 11A, I THE PITTSBURGH FOUNDATION 1 PITTSBURGH PARTNERSHIP FOR NEIGHBORHOOD DEVELOPMENT 425 SIXTH AVE PITTSBURGH PA 15219 251578436 TO INVEST IN COMMUNITY-BASED EFFORTS TO REVITALIZE DISTRESSED COMMUNITIES PA 501(C)(3) LINE 11A, I THE PITTSBURGH FOUNDATION 1 MULTICULTURAL ARTS INITIATIVE 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 300241795 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 11A, I THE PITTSBURGH FOUNDATION 1 THE J CHRISTOPHER AND ANN C DONAHUE CHARITABLE FUND 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 576208741 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 11A, I THE PITTSBURGH FOUNDATION 1 THE USHER FAMILY FOUNDATION 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 270108367 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 11A, I THE PITTSBURGH FOUNDATION 1 THE SYLVIA AND MARTIN SNOW CHARITABLE FOUNDATION 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 251644652 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 11A, I THE PITTSBURGH FOUNDATION 1 THE CAHOUET CHARITABLE TRUST 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 256537642 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 11A, I THE PITTSBURGH FOUNDATION 1 THE FORBES FUND 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 251418095 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 11A, I THE PITTSBURGH FOUNDATION 1 THE PITTSBURGH PROMISE 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 261982661 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 11A, I THE PITTSBURGH FOUNDATION 1 SAMPSON FAMILY FUND 5 PPG PLACE SUITE 250 PITTSBURGH PA 15222 300338252 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 11A, I THE PITTSBURGH FOUNDATION 1 THE DIETRICH FOUNDATION 600 GRANT STREET SUITE 5360 PITTSBURGH PA 15219 364711746 SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION PA 501(C)(3) LINE 11A, I 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0