Form 990 for tax year 2023
Filed by JACK G BUNCHER CHARITABLE FUND FORTHE PITTSBURGH FOUNDATION.
Totals
- Total revenue
- $1,268,191
- Total expenses
- $1,300,472
- Contributions and grants received
- $500,000
- Grants paid
- $1,300,000
- Program service revenue
- $0
- Investment income
- $768,191
- Other revenue
- $0
- Total assets, end of year
- $9,057,871
- Total liabilities, end of year
- $462,500
- Net assets or fund balances, end of year
- $8,595,371
- Program services expenses (Part IX)
- $1,300,000
- Management and general expenses
- $472
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,300,000
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$500,000
-
3 · Investment income
total $770,900 · excluded $770,900
-
7b · Less cost or other basis and sales expenses
securities $2,709
-
7c · Gain or loss
securities -$2,709
-
7d · Net gain or loss
total -$2,709 · excluded -$2,709
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,300,000 · program services $1,300,000
-
11f · Fees: investment management
total $472 · management and general $472
Balance sheet
Part X, book values.
-
15 · Other assets
beginning of year $9,651,516 · end of year $9,057,871
-
18 · Grants payable
beginning of year $650,000 · end of year $462,500
-
27 · Net assets without donor restrictions
beginning of year $9,001,516 · end of year $8,595,371
Mission and programs · 2023
Mission
THE JACK G. BUNCHER CHARITABLE FUND BENEFITS, PERFORMS THE FUNCTIONS OF, AND CARRIES OUT THE PURPOSES OF THE PITTSBURGH FOUNDATION ("TPF"), BY MAKING GRANTS TO CHARITABLE ORGANIZATIONS AND FOR CHARITABLE PURPOSES THAT FURTHER THE EXPRESS PURPOSES OF TPF.
Activities or mission (Part I)
TO SUPPORT THE PITTSBURGH FOUNDATION.
-
DURING 2023, THE JACK G. BUNCHER CHARITABLE FUND APPROVED GRANTS TOTALING $1,300,000 IN ITS EFFORTS TO SUPPORT THE PITTSBURGH FOUNDATION.
Expenses $1,300,000 · Grants $1,300,000
As filed on the 2023 return.
Listed in Part VII
-
Elisabeth SchroederELISABETH SCHROEDER
PRESIDENT
- Total calculated
- $690,102
- From this org
- $0
- From related orgs
- $616,727
- Other
- $73,375
- Hours/week
- 0.5 + 52 related
Schedule J breakdown matched by us
- Base
- $0 + $545,283 related
- Bonus
- $0 + $60,000 related
- Other
- $0 + $11,444 related
- Deferred
- $0 + $56,000 related
- Nontaxable benefits
- $0 + $17,375 related
- Filer's total
- $0 + $690,102 related
-
Jonathan BrelsfordJONATHAN BRELSFORD
TREASURER
- Total calculated
- $361,452
- From this org
- $0
- From related orgs
- $293,187
- Other
- $68,265
- Hours/week
- 0.5 + 42 related
Schedule J breakdown matched by us
- Base
- $0 + $290,865 related
- Bonus
- $0
- Other
- $0 + $2,322 related
- Deferred
- $0 + $29,767 related
- Nontaxable benefits
- $0 + $38,498 related
- Filer's total
- $0 + $361,452 related
-
Kelly UrankerKELLY URANKER
VICE PRES/SECRETARY
- Total calculated
- $172,912
- From this org
- $0
- From related orgs
- $143,659
- Other
- $29,253
- Hours/week
- 0.5 + 41 related
Schedule J breakdown matched by us
- Base
- $0 + $143,101 related
- Bonus
- $0
- Other
- $0 + $558 related
- Deferred
- $0 + $14,662 related
- Nontaxable benefits
- $0 + $14,591 related
- Filer's total
- $0 + $172,912 related
-
Thomas J BalestrieriTHOMAS J BALESTRIERI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Estelle F ComayESTELLE F COMAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5 + 1 related
-
Joe JackovicJOE JACKOVIC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Howard RiegerHOWARD RIEGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$1,300,000
$925,000 FOR A COMPLETE UPGRADE TO THE PITTSBURGH FOUNDATION'S TECHNICAL SYSTEMS; $175,000 FOR THE CENTER FOR PHILANTHROPY'S NEW PHILANTHROPIC LEADERS AND GIVING CIRCLE FOR 2024; $50,000 FOR THE DREAMER'S PROJECT; $150,000 FOR THE COMMUNITY FOUNDATION OF WESTMORELAND COUNTY.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · COMMUNITY FOUNDATION · PA
-
501(C)(3) · SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION · PA
Directly controlled by THE PITTSBURGH FOUNDATION
-
501(C)(3) · TO INVEST IN COMMUNITY-BASED EFFORTS TO REVITALIZE DISTRESSED COMMUNITIES · PA
Directly controlled by THE PITTSBURGH FOUNDATION
-
501(C)(3) · SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION · PA
Directly controlled by THE PITTSBURGH FOUNDATION
-
THE PITTSBURGH PROMISE FOUNDATION
501(C)(3) · SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION · PA
Directly controlled by THE PITTSBURGH FOUNDATION
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433199349308348
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