2024-05-13T12:18:17-05:00 2023-06-30 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990 2022-07-01 872684499 THE CHILDRENS INSTITUTE FOUNDATION CHIL 4124202308 1405 SHADY AVENUE PITTSBURGH PA 15217 WENDY PARDEE PHD PRESIDENT & CEO 4124202308 2024-05-08 1 WENDY PARDEE PHD 999009999 0 ERIN F WOOD P01710275 4122613644 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z WENDY PARDEE PHD 1405 SHADY AVENUE PITTSBURGH PA 15217 3888882 0 X WWW.AMAZINGKIDS.ORG X 2021 PA TO HEAL. TO TEACH. TO EMPOWER. TO AMAZE. 7 6 0 21 0 0 0 2250000 0 0 0 182964 0 0 0 2432964 0 0 0 0 0 0 0 0 0 820 6882 820 6882 -820 2426082 180 61468332 1000 2415 -820 61465917 X TO HEAL. TO TEACH. TO EMPOWER. TO AMAZE. 0 0 THE CHILDREN'S INSTITUTE FOUNDATION IS THE FUNDRAISING ARM FOR THE CHILDREN'S INSTITUTE OF PITTSBURGH, THE EARLY LEARNING INSTITUTE AND THE DAY SCHOOL. THE FOUNDATION FUNDRAISES TO SUPPORT THE ORGANIZATIONS' MISSION THROUGH GRANTS, SPECIAL EVENTS, AND TARGETED CAMPAIGNS.FOR MORE THAN 120 YEARS, THE CHILDREN'S INSTITUTE OF PITTSBURGH AND AFFILIATES HAS SERVED AMAZING KIDS AND FAMILIES FROM PITTSBURGH AND BEYOND. TODAY, WE HELP MORE THAN 8,000 CHILDREN AND FAMILIES EACH YEAR REACH THEIR FULL POTENTIAL THROUGH EDUCATIONAL SERVICES, AUTISM SERVICES, OUTPATIENT PHYSICAL AND BEHAVIORAL HEALTH SERVICES, EARLY INTERVENTION, AND FAMILY SUPPORT SERVICES. THE CHILDREN'S INSTITUTE FOUNDATION KICKED OFF FUNDRAISING EFFORTS IN JUNE 2023. THE FOLLOWING FISCAL YEAR, THE FOUNDATION WILL PROVIDE FINANCIAL SUPPORT TO THE SUBSIDIARIES OF THE CHILDREN'S INSTITUTE PARENT COMPANY. 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 X 7 6 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 AL AK AR CA FL GA HI IL KS KY ME MD MA MI MN MS MO NV NH NJ NM NY NC ND OK OR PA RI SC TN VA WA WV WI X JOHN JUBAS 4124202308 1405 SHADY AVENUE PITTSBURGH PA 15217 WENDY PARDEE PRESIDENT & CEO 2.00 48.00 X X 0 353272 23175 MICHAEL HANNON CHAIR 2.00 0.00 X X 0 0 0 JAY KATARINCIC VICE CHAIR 0.25 2.00 X X 0 0 0 TINA CHEKAN SECRETARY (EXIT 06/23) 0.25 2.00 X X 0 0 0 ROMAYNE BOTTI TREASURER 0.25 2.00 X X 0 0 0 BRIAN MCINERNEY DIRECTOR 0.25 2.00 X 0 0 0 SUSAN BOYLE DIRECTOR 0.25 2.00 X 0 0 0 JOHN THORNBURGH DIRECTOR 2.00 0.00 X 0 0 0 JOHN JUBAS CFO 2.00 48.00 X 0 198780 13173 0 552052 36348 0 0 1 0 0 2250000 2250000 75715 75715 1563167 1455918 107249 107249 107249 2432964 0 0 182964 2415 2415 2320 2320 2132 2132 MEMBERSHIP DUES 15 15 6882 0 6882 0 180 0 0 2250000 0 58223618 0 994714 180 61468332 0 2415 1000 0 1000 2415 X -820 52403038 0 9062879 -820 61465917 180 61468332 X 2426082 -2520841 61561496 X X 0 1 X 1 0 X 2250000 2250000 2250000 2250000 2203486 46514 75715 75715 2325715 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X -90009 -2520841 -2520841 2430832 2132 2132 2432964 4750 0 4750 2132 2132 6882 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC. ACCORDINGLY, NO PROVISION FOR TAXES HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAX UNDER APPLICABLE STATE STATUTES. THE ORGANIZATION FOLLOWS THE CODIFICATION TOPIC ON INCOME TAXES. THE TOPIC PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION'S CONSOLIDATED STATEMENTS OF FINANCIAL POSITION AT JUNE 30, 2023 AND 2022 DO NOT INCLUDE ANY LIABILITIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS; FURTHER, THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION OF ITS TAX RETURNS FOR YEARS BEFORE 2020. 0 0 0 0 0 0 0 0 0 WENDY PARDEE PRESIDENT & CEO 0 291233 0 54653 0 7386 0 14942 0 8233 0 376447 0 0 JOHN JUBAS CFO 0 168050 0 29252 0 1478 0 9865 0 3308 0 211953 0 0 PART I, LINE 3 THE CHILDRENS INSTITUTE FOUNDATION DOES NOT COMPENSATE THE PRESIDENT AND CEO, OR CFO WHO ARE REPORTED IN PART VII. WITH RESPECT TO SHARED SERVICES PROVIDED BY THE CHILDREN'S INSTITUTE PARENT COMPANY (THE "PARENT COMPANY"), COMPENSATION IS AWARDED BY THE PARENT COMPANY PURSUANT TO A PROCESS THAT SATISFIES THE REQUIREMENTS OF THE INTERMEDIATE SANCTION'S REGULATIONS. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS RELATIONSHIPS: ROMAYNE BOTTI, SUSAN BOYLE, MICHAEL HANNON, JOHN JUBAS, JAY KATARINCIC, BRIAN MCINERNEY, WENDY PARDEE, JOHN THORNBURGH FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE CORPORATION SHALL BE THE CHILDREN'S INSTITUTE PARENT COMPANY, A PENNSYLVANIA NONPROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A AT THE ANNUAL MEETING, THE MEMBER, THE CHILDREN'S INSTITUTE PARENT COMPANY, SHALL SELECT THE DIRECTORS AND APPOINT THE DIRECTORS AND OFFICERS OF THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING CORPORATE ACTIONS SHALL BE RESERVED EXCLUSIVELY TO THE MEMBER OF THE CORPORATION: - ADOPT, AMEND, MODIFY OR RESTATE THE ARTICLES OF INCORPORATION AND BYLAWS OF THE CORPORATION, IN WHOLE OR IN PART, OR IF ANY SUCH ACTION IS RECOMMENDED BY THE BOARD OF DIRECTORS OF THE CORPORATION (THE "BOARD OF DIRECTORS OR THE "BOARD"), APPROVE SUCH ACTION AS RECOMMENDED; - APPOINT AND REMOVE DIRECTORS OF THE CORPORATION, WITH OR WITHOUT CAUSE, OR IF ANY SUCH ACTION IS RECOMMENDED BY THE BOARD, APPROVE SUCH ACTION AS RECOMMENDED; - APPOINT AND REMOVE THE PRESIDENT OF THE BOARD; - APPOINT AND REMOVE THE CHAIRPERSON AND OTHER OFFICERS OF THE BOARD; - APPROVE THE STRATEGIC PLAN OF THE CORPORATION UPON RECOMMENDATION OF THE BOARD; - APPROVE RECOMMENDATIONS REGARDING INVESTMENTS OF THE CORPORATION, INCLUDING, BUT NOT LIMITED TO, THE ADMINISTRATION OF SUCH INVESTMENTS, UPON THE RECOMMENDATION OF THE BOARD; - APPROVE THE OPERATING AND CAPITAL BUDGETS OF THE CORPORATION; - APPOINT AND REMOVE THE INDEPENDENT FISCAL AUDITOR OF THE CORPORATION, AS APPLICABLE; - APPROVE ANY MERGER, CONSOLIDATION, TRANSFER OR RELINQUISHMENT OF MEMBERSHIP RIGHTS, OR THE SALE OF ALL OR SUBSTANTIALLY ALL OF THE OPERATING ASSETS OF THE CORPORATION; - APPROVE ANY DISSOLUTION, WINDING UP OR ABANDONMENT OF OPERATIONS, LIQUIDATION, FILING OF ACTION IN BANKRUPTCY, RECEIVERSHIP OR SIMILAR ACTION AFFECTING THE CORPORATION; - APPROVE ANY FORMATION OR DISSOLUTION OF SUBSIDIARIES, PARTNERSHIPS, AND OTHER JOINT VENTURES INVOLVING THE CORPORATION; - APPROVE ANY PLEDGE OR ENCUMBRANCE OF ASSETS WHETHER PURSUANT TO A SALE, CAPITAL LEASE, MORTGAGE, DISPOSITION, HYPOTHECATION, OR OTHER SIMILAR TRANSACTION; - APPROVE ANY CHANGE TO THE STRUCTURE OR OPERATION OF THE CORPORATION WHICH WOULD AFFECT ITS STATUS AS A NONPROFIT ENTITY THAT IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE CODE; AND - APPROVE ALL OTHER MATTERS AND TAKE ALL OTHER ACTIONS RESERVED TO MEMBERS OF NONPROFIT CORPORATIONS BY THE LAWS OF THE COMMONWEALTH OF PENNSYLVANIA. FORM 990, PART VI, SECTION B, LINE 11B THE CHILDREN'S INSTITUTE FOUNDATION RECOGNIZES THAT AS PART OF THE BOARD OF DIRECTORS' GOVERNANCE ROLE, THEY SHOULD REVIEW THE IRS FORM 990. THE AFOREMENTIONED REVIEW HAS BEEN DELEGATED BY THE BOARD TO THE AUDIT COMMITTEE. THE CHILDREN'S INSTITUTE FOUNDATION (CIFND) ALONG WITH CIFND'S CERTIFIED PUBLIC ACCOUNTING FIRM ARE RESPONSIBLE FOR THE TIMELY PREPARATION OF FORM 990. THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWED THE COMPLETED FORM 990 IN ADVANCE OF AN AUDIT COMMITTEE MEETING TO ENABLE A DETAILED CONSCIENTIOUS REVIEW BY COMMITTEE MEMBERS. THE APPROPRIATE REPRESENTATIVES OF THE CERTIFIED PUBLIC ACCOUNTING FIRM AND CIFND'S CHIEF FINANCIAL OFFICER ADDRESSED QUESTIONS AND CONCERNS OF THE AUDIT COMMITTEE. AFTER INPUT FROM THE AUDIT COMMITTEE WAS APPROPRIATELY ADDRESSED, A COMPLETE COPY OF THE RETURN WAS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CHILDREN'S INSTITUTE FOUNDATION HAS A CONFLICT OF INTEREST POLICY THAT IS INCLUDED IN THE CODE OF CONDUCT. THIS POLICY PROVIDES INFORMATION TO ALL DIRECTORS, OFFICERS, EMPLOYEES, PHYSICIANS AND VOLUNTEERS REGARDING REQUIREMENTS FOR DISCLOSURE AND THE SUBSEQUENT CORPORATE ACTION REQUIRED REGARDING SUCH TRANSACTIONS. CIFND, THROUGH ITS BOARD OF DIRECTORS, BELIEVES IT IS ESSENTIAL THAT ALL SUCH INDIVIDUALS FULLY AND COMPLETELY UNDERSTAND THE RESPONSIBILITIES THE INDIVIDUAL HAS REGARDING POTENTIAL CONFLICTS OF INTEREST. CIFND ALSO BELIEVES THAT IT IS VERY IMPORTANT THAT ALL SUCH INDIVIDUALS UNDERSTAND THE PROCEDURES UTILIZED BY CIFND IN DEALING WITH POTENTIAL CONFLICTS OF INTEREST. THIS POLICY IS INTENDED TO SUPPLEMENT BUT NOT REPLACE APPLICABLE PENNSYLVANIA STATE LAW GOVERNING CONFLICTS OF INTEREST APPLICABLE TO NONPROFIT AND CHARITABLE CORPORATIONS. TO THE EXTENT THAT THIS POLICY CONFLICTS WITH THE PROVISIONS OF APPLICABLE PENNSYLVANIA LAW GOVERNING CONFLICTS OF INTERESTS, THE APPLICABLE PROVISIONS OF PENNSYLVANIA LAW SHALL GOVERN AND CONTROL. EACH MEMBER OF THE GOVERNING BODY, EMPLOYEE AND VOLUNTEER HAS AN OBLIGATION TO EARN THE TRUST AND CONFIDENCE OF THE ORGANIZATION'S CLIENTS, THE COMMUNITY AND COLLEAGUES. ADHERENCE TO THE PRINCIPLES SET FORTH IN THIS POLICY AND THE RELATED DOCUMENTS REFERENCED HEREIN SHALL ASSIST EACH IN DOING SO. MEMBERS OF THE GOVERNING BODY, EMPLOYEES, AND VOLUNTEERS SHALL AVOID ALL CONFLICTS OF INTEREST AND THE APPEARANCE OF ANY CONFLICT OF INTEREST. A CONFLICT OF INTEREST OCCURS IN ANY SITUATION IN WHICH ONE IS POTENTIALLY NOT ABLE TO REMAIN IMPARTIAL OR MAINTAIN OBJECTIVITY IN CHOOSING BETWEEN THE INTERESTS OF THE ORGANIZATION AND ONE'S PERSONAL INTERESTS OR THE INTERESTS OF THIRD PARTIES. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 1023, APPLICATION FOR RECOGNITION OF EXEMPTION, IRS DETERMINATION LETTER AND FORMS 990 AND 990-T ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE CHILDREN'S INSTITUTE FOUNDATION PREPARES AN ANNUAL REPORT THAT CONTAINS ITS SUMMARY FINANCIALS FOR PUBLIC DISTRIBUTION. THE AUDITED FINANCIAL STATEMENTS OF THE ORGANIZATION WILL BE PROVIDED UPON REQUEST. THE ORGANIZATION'S GOVERNING DOCUMENTS, INCLUDING THE BYLAWS, ARTICLES OF INCORPORATION AND CONFLICT OF INTEREST POLICIES, ARE NOT PUBLICLY AVAILABLE BUT ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: INTERCOMPANY TRANSFERS 61,561,496. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. THE EARLY LEARNING INSTITUTE 1405 SHADY AVENUE PITTSBURGH PA 152171360 251151974 PROVIDE COMPREHENSIVE EARLY INTERVENTION AND REHABILITATIVE SERVICES PA 501(C)(3) LINE 7 THE CHILDREN'S INSTITUTE OF PITTSBURGH 1 THE CHILDREN'S INSTITUTE OF PITTSBURGH 1405 SHADY AVENUE PITTSBURGH PA 152171360 232935278 TO PROVIDE SERVICES TO DISABLED CHILDREN AND THEIR FAMILIES. PA 501(C)(3) LINE 10 THE CHILDREN'S INSTITUTE PARENT COMPANY 1 THE CHILDREN'S INSTITUTE PARENT COMPANY 1405 SHADY AVENUE PITTSBURGH PA 152171360 872677614 SUPPORTING ORGANIZATION TO AFFILIATES PA 501(C)(3) LINE 12C, III-FI N/A 0 THE DAY SCHOOL 1405 SHADY AVENUE PITTSBURGH PA 152171360 872705862 SCHOOL PA 501(C)(3) LINE 2 THE CHILDREN'S INSTITUTE PARENT COMPANY 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 THE CHILDREN'S INSTITUTE OF PITTSBURGH S 54975968 FMV THE EARLY LEARNING INSTITUTE S 6585539 FMV