Civic Intelligence

The Charles E Kaufman Foundation

990 • Fiscal year 2017 • EIN 61-1488948

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

Five Ppg Place No 250Pittsburgh, PA 15222-5401

(412) 391-5122

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.02x

Higher debt load relative to assets than 15% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

53rd percentile

0.33x

Higher debt load relative to revenue than 53% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

71st percentile

12%

Higher net margin than 71% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

59th percentile

$279,908

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 10.4% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

69th percentile

10%

Faster asset growth than 69% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

96th percentile

173%

Faster revenue growth than 96% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Assets

Flat

$46,555,946

Flat from 2017

Net Assets

Flat

$45,655,946

Flat from 2017

Liabilities

Flat

$900,000

Flat from 2017

Revenue

Flat

$2,688,727

Flat from 2017

Expenses

Flat

$2,361,962

Flat from 2017

Net Income

Flat

$326,765

Flat from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $39,655,088Liabilities 2010: $14,052Net Assets 2010: $39,641,0362010Assets 2011: $38,048,565Liabilities 2011: $0Net Assets 2011: $38,048,5652011Assets 2012: $41,175,265Liabilities 2012: $209,541Net Assets 2012: $40,965,7242012Assets 2013: $45,045,155Liabilities 2013: $796,155Net Assets 2013: $44,249,0002013Assets 2014: $45,856,616Liabilities 2014: $975,000Net Assets 2014: $44,881,6162014Assets 2015: $42,643,973Liabilities 2015: $975,000Net Assets 2015: $41,668,9732015Assets 2016: $42,296,802Liabilities 2016: $975,000Net Assets 2016: $41,321,8022016Assets 2017: $46,555,946Liabilities 2017: $900,000Net Assets 2017: $45,655,9462017Assets 2017: $46,555,946Liabilities 2017: $900,000Net Assets 2017: $45,655,9462017Assets 2018: $42,058,387Liabilities 2018: $950,000Net Assets 2018: $41,108,3872018Assets 2019: $46,203,261Liabilities 2019: $900,000Net Assets 2019: $45,303,2612019Assets 2020: $48,597,818Liabilities 2020: $950,000Net Assets 2020: $47,647,8182020Assets 2021: $55,745,262Liabilities 2021: $1,950,840Net Assets 2021: $53,794,4222021Assets 2022: $49,638,411Liabilities 2022: $2,250,000Net Assets 2022: $47,388,4112022Assets 2023: $50,354,532Liabilities 2023: $1,089,213Net Assets 2023: $49,265,3192023Assets 2024: $52,165,222Liabilities 2024: $1,225,000Net Assets 2024: $50,940,2222024

Highlighted filing

2017

Assets$46,555,946
Liabilities$900,000
Net Assets$45,655,946

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $66,1112010Expenses 2011: $227,7502011Expenses 2012: $348,3172012Revenue 2013: $4,012,438Expenses 2013: $2,107,008Net Income 2013: $1,905,4302013Revenue 2014: $1,628,869Expenses 2014: $2,570,612Net Income 2014: -$941,7432014Revenue 2015: $1,089,957Expenses 2015: $2,529,307Net Income 2015: -$1,439,3502015Revenue 2016: $983,299Expenses 2016: $2,285,849Net Income 2016: -$1,302,5502016Revenue 2017: $2,688,727Expenses 2017: $2,361,962Net Income 2017: $326,7652017Revenue 2017: $2,688,727Expenses 2017: $2,361,962Net Income 2017: $326,7652017Revenue 2018: $2,957,092Expenses 2018: $2,482,231Net Income 2018: $474,8612018Revenue 2019: $1,520,027Expenses 2019: $2,462,044Net Income 2019: -$942,0172019Revenue 2020: $2,254,454Expenses 2020: $2,459,594Net Income 2020: -$205,1402020Revenue 2021: $4,179,533Expenses 2021: $2,457,976Net Income 2021: $1,721,5572021Revenue 2022: $804,636Expenses 2022: $2,569,240Net Income 2022: -$1,764,6042022Revenue 2023: $779,692Expenses 2023: $2,368,792Net Income 2023: -$1,589,1002023Revenue 2024: $2,553,494Expenses 2024: $2,530,263Net Income 2024: $23,2312024

Highlighted filing

2017

Revenue$2,688,727
Expenses$2,361,962
Net Income$326,765
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.3
Gross Receipts
$2,688,727
Mission and Program Overview

Mission

To promote and support fundamental scientific research activities in chemistry, biology, and physics at pennsylvania educational institutions and carry out the purposes of the pittsburgh foundation.

To support the pittsburgh foundation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$75,307$4,136▼ $71,171
Total Assets$42,296,802$46,555,946▲ $4,259,144
Other Assets Total$42,221,495$46,551,810▲ $4,330,315
Liabilities
Grants Payable$975,000$900,000▼ $75,000
Total Liabilities$975,000$900,000▼ $75,000
Net Assets / Fund Balance
Unrestricted Net Assets$41,321,802$45,655,946▲ $4,334,144
Total Net Assets Fund Balance$41,321,802$45,655,946▲ $4,334,144
Total Liabilities and Net Assets / Fund Balance$42,296,802$46,555,946▲ $4,259,144

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$46,551,810--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Kelly UrankerTrustee$124,646$124,646

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$2,688,727
Other Revenue
$0
Change in Net Assets
$326,765

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,452,656
Revenue Not Reported on Financial Statements
$236,071
Revenue Not Reported on Form 990
$4,003,498
Total Revenue per Audited Statements
$6,456,154
Total Revenue per Form 990
$2,688,727
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,800,000
Other Expenses$561,962
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,800,000--$1,800,000
Fees for Service Investment Mgmnt Fees-$236,071-$236,071
Other Expenses$98,858--$98,858
Information Technology-$2,000-$2,000
Fees for Services Accounting-$600-$600
Total Functional Expenses$2,123,291$238,671$0$2,361,962

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,361,962
Expenses per Audited Statements$2,122,010
Total Expenses per Audited Statements$2,122,010
Expenses Not Reported on Financial Statements$239,952
Other Expense Adjustments$3,881
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of PittsburghPittsburgh, PA501(c)(3)New Initiative Grants$600,000
Pennsylvania State UniversityUniversity Park, PA501(c)(3)New Investigator and New Initiative Research Grants$450,000
University of PennsylvaniaPhiladelphia, PA501(c)(3)New Investigator and New Initiative Research Grants$450,000
Carnegie Mellon UniversityPittsburgh, PA501(c)(3)New Investigator Research Grants$150,000
Swarthmore CollegeSwarthmore, PA501(c)(3)New Investigator Grants$150,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Business relationship: edith l. Shapira m.d., jeanne pearlman and kelly uranker.

Form 990, Part VI, Section A, Line 7A

The foundation is a type ii supporting organization of the pittsburgh foundation. As a type ii supporting organization, the majority of trustees are appointed by the pittsburgh foundation. During 2017, the trustees appointed by the pittsburgh foundation were employees jeanne pearlman and kelly uranker. Other individuals are appointed by donor trustees as outlined in the trust agreement.

Form 990, Part VI, Section B, Line 11B

The audit committee of the pittsburgh foundation is charged with the responsibility of reviewing the forms 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 vice president of finance/investments. Once approved for filing, a complete copy of the return is provided to all of the organization's trustees.

Form 990, Part VI, Section B, Line 12C

The charles e. Kaufman foundation adopted a written conflict of interest policy. The trustees of the charles e. Kaufman foundation are not required to complete an annual disclosure statement but, rather, are required under the terms of the policy to disclose any potential 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 with the policy's provisions. For example, if 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 charles e. Kaufman foundation. These services are performed in accordance with internal control and policies and procedures that govern all operational activities of the pittsburgh foundation. Accordingly, the operational activities of the charles e. Kaufman foundation are governed by the following policies and procedures of the pittsburgh foundation: document destruction policy, whistleblower policy, and process for determining compensation when applicable.

Form 990, Part VI, Section B, Line 15

The charles e. Kaufman foundation does not compensate any individuals for board or employment services. Form 990 requires the charles e. Kaufman foundation 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 intermediate sanctions regulations.

Form 990, Part VI, Section C, Line 19

All of the organization's governing documents, conflict of interest policy, financial statements, 990 are on file in the offices of the pittsburgh foundation and are available upon request.

Filing and Contact Details

Filer

Filer Name
The Charles E Kaufman Foundation
EIN
61-1488948
Phone
4123915122
Address
FIVE PPG PLACE NO 250, PITTSBURGH, PA 15222-5401

Signing Officer

Name
Jonathan Brelsford
Title
VP Finance/investments
Phone
4123915122
Signed
2018-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jonathan Brelsford
Formed
2005
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Schneider Downs & Co Inc
Address
ONE PPG PLACE SUITE 1700, PITTSBURGH, PA 15222
Preparer
Susan M Kirsch
Phone
4122613644
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

GRANT REFUNDS 3,881.

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 charles e. Kaufman foundation, assumes responsibility for the oversight of the audit of the financial statements of the charles e. Kaufman foundation as well as the selection of an independent auditor. This process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The foundation 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 not sustainable based on its technical merits. Recognizable tax positions should then be measured to determine the amount of benefit or liability recognized in the consolidated financial statements. The foundation files u.s. Federal and state information returns, and no returns are currently under examination. The statute of limitations on the foundation's federal tax returns remains open for the years ended december 31, 2014 through the present. The foundation continues to evaluate its tax positions pursuant to the principles of fasb guidance and has determined that there is no material impact on the foundation's consolidated financial statements.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Refunds of prior year grants 3,881.

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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt017281
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01800000
IRS990/PYInvestmentIncomeAmt0966018
IRS990/PYOtherExpensesAmt0485849
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1302550
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02285849
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0983299
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0326765
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE CHARLES E. KAUFMAN FOUNDATION WAS ESTABLISHED AS A SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION. THE GOAL OF THE CHARLES E. KAUFMAN FOUNDATION IS TO FOSTER AND ENCOURAGE FUNDAMENTAL RESEARCH IN CHEMISTRY, BIOLOGY AND PHYSICS FOR THE BETTERMENT AND UNDERSTANDING OF HUMAN LIFE. RESEARCH AWARDS ARE MADE IN SUPPORT OF ACACEMIC SCIENCE IN PENNSYLVANIA.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1FIVE OF THE NINE TRUSTEES ARE APPOINTED BY THE SUPPORTED ORGANIZATION, THE PITTSBURGH FOUNDATION. ONE OF THE FIVE INDIVIDUALS APPOINTED BY THE SUPPORTED ORGANIZATION IS ALSO THE CHAIR OF THE BOARD. IN HER ROLE AS AN OFFICER OF THE SUPPORTED ORGANIZATION, THE HIGHEST LEVEL OF OVERSIGHT AND MANAGEMENT OF THE SUPPORTING ORGANIZATION IS PROVIDED AS PART OF HER GOVERNANCE DUTIES. THE MISSION OF THE CHARLES E. KAUFMAN FOUNDATION IS ALIGNED WITH THE MISSION OF THE PITTSBURGH FOUNDATION.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 6
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1FORM 990, SCHEDULE A, PART IV, SECTION C, LINE 1
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0250965466
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd08
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt02361962
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE PGH FDN
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt02361962
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0239952
IRS990ScheduleD/ExpensesSubtotalAmt02122010
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0236071
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0236071
IRS990ScheduleD/NetUnrealizedGainsInvstAmt04003498
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt046551810
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INTEREST IN THE PITTSBURGH FOUNDATION LEGACY FUND
IRS990ScheduleD/OtherExpensesNotIncludedAmt03881
IRS990ScheduleD/RevenueNotReportedAmt04003498
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0236071
IRS990ScheduleD/RevenueSubtotalAmt02452656
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION 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 NOT SUSTAINABLE BASED ON ITS TECHNICAL MERITS. RECOGNIZABLE TAX POSITIONS SHOULD THEN BE MEASURED TO DETERMINE THE AMOUNT OF BENEFIT OR LIABILITY RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE FOUNDATION FILES U.S. FEDERAL AND STATE INFORMATION RETURNS, AND NO RETURNS ARE CURRENTLY UNDER EXAMINATION. THE STATUTE OF LIMITATIONS ON THE FOUNDATION'S FEDERAL TAX RETURNS REMAINS OPEN FOR THE YEARS ENDED DECEMBER 31, 2014 THROUGH THE PRESENT. THE FOUNDATION CONTINUES TO EVALUATE ITS TAX POSITIONS PURSUANT TO THE PRINCIPLES OF FASB GUIDANCE AND HAS DETERMINED THAT THERE IS NO MATERIAL IMPACT ON THE FOUNDATION'S CONSOLIDATED FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1REFUNDS OF PRIOR YEAR GRANTS 3,881.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt046551810
IRS990ScheduleD/TotalExpensesPerForm990Amt02361962
IRS990ScheduleD/TotalRevenuePerForm990Amt02688727
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06456154
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02122010
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0600000
IRS990ScheduleI/RecipientTable/CashGrantAmt1450000
IRS990ScheduleI/RecipientTable/CashGrantAmt2150000
IRS990ScheduleI/RecipientTable/CashGrantAmt3450000
IRS990ScheduleI/RecipientTable/CashGrantAmt4150000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0NEW INITIATIVE GRANTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1NEW INVESTIGATOR AND NEW INITIATIVE RESEARCH GRANTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2NEW INVESTIGATOR RESEARCH GRANTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3NEW INVESTIGATOR AND NEW INITIATIVE RESEARCH GRANTS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4NEW INVESTIGATOR GRANTS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UNIVERSITY OF PITTSBURGH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1PENNSYLVANIA STATE UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CARNEGIE MELLON UNIVERSITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3UNIVERSITY OF PENNSYLVANIA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4SWARTHMORE COLLEGE
IRS990ScheduleI/RecipientTable/RecipientEIN0250965591
IRS990ScheduleI/RecipientTable/RecipientEIN1246000376
IRS990ScheduleI/RecipientTable/RecipientEIN2250969449
IRS990ScheduleI/RecipientTable/RecipientEIN3231352685
IRS990ScheduleI/RecipientTable/RecipientEIN4231352683
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0FORBES TOWER SUITE 8084 3600 FORBES
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1110 TECHNOLOGY CENTER BLDG
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt25000 FORBES AVENUE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt33451 WALNUT STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4101 SOUTH CHESTER ROAD 305
IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PITTSBURGH
IRS990ScheduleI/RecipientTable/USAddress/CityNm1UNIVERSITY PARK
IRS990ScheduleI/RecipientTable/USAddress/CityNm2PITTSBURGH
IRS990ScheduleI/RecipientTable/USAddress/CityNm3PHILADELPHIA
IRS990ScheduleI/RecipientTable/USAddress/CityNm4SWARTHMORE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3PA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd4PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd015213
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd116802
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd215213
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd319104
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd419081
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS RECEIVING FUNDING MUST BE A 501(C)(3) CHARITABLE ORGANIZATION AS DETERMINED BY THE INTERNAL REVENUE SERVICE. A COPY OF THE IRS LETTER OF DETERMINATION MUST ACCOMPANY THE GRANT APPLICATION. ALL GRANTEES ARE REQUIRED TO PREPARE AND RETURN TO THE FOUNDATION ON BEHALF OF THE CHARLES E. KAUFMAN FOUNDATION A DESCRIPTION OF HOW THE GRANT WAS USED WITHIN ONE YEAR AFTER RECEIVING THE GRANT (GRANT FOLLOW UP REPORT).
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt05
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt016000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0214759
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt021788
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt021679
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt05682
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JEANNE PEARLMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0TRUSTEE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0279908
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BUSINESS RELATIONSHIP: EDITH L. SHAPIRA M.D., JEANNE PEARLMAN AND KELLY URANKER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FOUNDATION IS A TYPE II SUPPORTING ORGANIZATION OF THE PITTSBURGH FOUNDATION. AS A TYPE II SUPPORTING ORGANIZATION, THE MAJORITY OF TRUSTEES ARE APPOINTED BY THE PITTSBURGH FOUNDATION. DURING 2017, THE TRUSTEES APPOINTED BY THE PITTSBURGH FOUNDATION WERE EMPLOYEES JEANNE PEARLMAN AND KELLY URANKER. OTHER INDIVIDUALS ARE APPOINTED BY DONOR TRUSTEES AS OUTLINED IN THE TRUST AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE AUDIT COMMITTEE OF THE PITTSBURGH FOUNDATION IS CHARGED WITH THE RESPONSIBILITY OF REVIEWING THE FORMS 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 VICE PRESIDENT OF FINANCE/INVESTMENTS. ONCE APPROVED FOR FILING, A COMPLETE COPY OF THE RETURN IS PROVIDED TO ALL OF THE ORGANIZATION'S TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CHARLES E. KAUFMAN FOUNDATION ADOPTED A WRITTEN CONFLICT OF INTEREST POLICY. THE TRUSTEES OF THE CHARLES E. KAUFMAN FOUNDATION ARE NOT REQUIRED TO COMPLETE AN ANNUAL DISCLOSURE STATEMENT BUT, RATHER, ARE REQUIRED UNDER THE TERMS OF THE POLICY TO DISCLOSE ANY POTENTIAL 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 WITH THE POLICY'S PROVISIONS. FOR EXAMPLE, IF 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 CHARLES E. KAUFMAN FOUNDATION. THESE SERVICES ARE PERFORMED IN ACCORDANCE WITH INTERNAL CONTROL AND POLICIES AND PROCEDURES THAT GOVERN ALL OPERATIONAL ACTIVITIES OF THE PITTSBURGH FOUNDATION. ACCORDINGLY, THE OPERATIONAL ACTIVITIES OF THE CHARLES E. KAUFMAN FOUNDATION ARE GOVERNED BY THE FOLLOWING POLICIES AND PROCEDURES OF THE PITTSBURGH FOUNDATION: DOCUMENT DESTRUCTION POLICY, WHISTLEBLOWER POLICY, AND PROCESS FOR DETERMINING COMPENSATION WHEN APPLICABLE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CHARLES E. KAUFMAN FOUNDATION DOES NOT COMPENSATE ANY INDIVIDUALS FOR BOARD OR EMPLOYMENT SERVICES. FORM 990 REQUIRES THE CHARLES E. KAUFMAN FOUNDATION 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 INTERMEDIATE SANCTIONS REGULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL OF THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, 990 ARE ON FILE IN THE OFFICES OF THE PITTSBURGH FOUNDATION AND ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GRANT REFUNDS 3,881.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE AUDIT COMMITTEE OF THE PITTSBURGH FOUNDATION, AS PART OF ITS SHARED SERVICES ARRANGEMENT WITH THE CHARLES E. KAUFMAN FOUNDATION, ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS OF THE CHARLES E. KAUFMAN FOUNDATION AS WELL AS THE SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C, FINANCIAL STATEMENTS AND REPORTING:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0THE PITTSBURGH FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1THE PITTSBURGH FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt2THE PITTSBURGH FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt3THE PITTSBURGH FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.2$1.23$50.9$2.55$2.53$0.02
2023Summary only. Only limited summary data is available for this year.$50.4$1.09$49.3$0.78$2.37$1.59
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$49.6$2.25$47.4$0.80$2.57$1.76
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$55.7$1.95$53.8$4.18$2.46$1.72
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.6$0.95$47.6$2.25$2.46$0.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.2$0.90$45.3$1.52$2.46$0.94
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.1$0.95$41.1$2.96$2.48$0.47
2017Detailed filing. Detailed filing data is available for this year.$46.6$0.90$45.7$2.69$2.36$0.33
2017Summary only. Only limited summary data is available for this year.$46.6$0.90$45.7$2.69$2.36$0.33
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.3$0.98$41.3$0.98$2.29$1.30
2015Detailed filing. Detailed filing data is available for this year.$42.6$0.98$41.7$1.09$2.53$1.44
2014Detailed filing. Detailed filing data is available for this year.$45.9$0.98$44.9$1.63$2.57$0.94
2013Summary only. Only limited summary data is available for this year.$45.0$0.80$44.2$4.01$2.11$1.91
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$41.2$0.21$41.0$0.35
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$38.0$0.00$38.0$0.23
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$39.7$0.01$39.6$0.07