Rp Simmons Family Charitable Trust

“Richard p. Simmons, trustee, amy sebastian, trustee, family relationship.”

“Pursuant to the second amendment to the trust agreement of the r.p. Simmons family charitable trust, the trust agreement was amended during the year to change the trustee from pnc bank n.a. To the pittsburgh foundation.”

“At least 2/5 of the trustees will be appointed by and be members of the pittsburgh foundation board of directors.”

“The audit committee of the pittsburgh foundation is charged with the responsibility of reviewing the forms 990 on behalf of all supporting orgaizations 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 senior controller. Once approved for filing, a complete copy of the return is provided to all of the organization's trustees.”

“The r. P. Simmons family charitable trust adopted a written conflict of interest policy. Trustees are required to annually review the policy and sign an annual disclosure statement.”

“The r. P. Simmons family charitable trust does not compensate any individuals for board or employment services. With respect to shared services provided by the pittsburgh foundation, compensation is awarded by the pittsburgh foundation pursuant to a process that satisfies the requirements of the intermediate sanctions regulations.”

“All of the organization's governing documents, conflict of interest policy, and financial statements are on file in the offices of the pittsburgh foundation and are available upon request.”

“The r.p. Simmons family charitable trust ceased operations during 2018 and terminated the trust agreement and as of december 31, 2018. The trust distributed its remaining assets to the supported organization, the pittsburgh foundation, in furtherance of its charitable purpose.”