2025-04-02T14:49:06-05:00 2024-06-30 510229493 BARBACANE THORNTON & COMPANY LLP 503 CARR RD SUITE 100 WILMINGTON DE 19801 990 2023-07-01 651296027 WISSAHICKON FOUNDATION WISS 2673381020 4700 WISSAHICKON AVENUE PHILADELPHIA PA 19144 FRASER GREENWOOD PRESIDENT 2673381020 2025-04-02 1 EDMUND FOSU-LARYEA CPA P02526016 3024788940 2025-04-02 2023 2025-03-06 01:10:19Z FRASER GREENWOOD 4700 WISSAHICKON AVE PHILADELPHIA PA 19144 292147 0 X WWW.WISSAHICKONCHARTER.ORG X 2008 PA TO SUPPORT WISSAHICKON CHARTER SCHOOL 6 6 0 6 0 0 1277995 292147 0 0 0 0 0 0 1277995 292147 181594 139570 0 0 0 0 0 0 0 10015 8620 191609 148190 1086386 143957 2636528 2793461 126594 139570 2509934 2653891 THE MISSION OF THE FOUNDATION IS TO SUPPORT WISSAHICKON CHARTER SCHOOL. 0 0 139570 139570 THE MISSION OF THE FOUNATION IS TO SUPPORT WISSAHICKON CHARTER SCHOOL. PLANNED CONTRIBUTIONS WILL BE USED TO PURCHASE SCHOOL SUPPLIES, CURRICULUM AND OTHER EDUCATIONAL ACTIVITIES. 139570 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 PA X VERTEX EDUCATION 2154819777 222 NORTH KESWICK AVENUE GLENSIDE PA 19038 X FRASER GREENWOOD PRESIDENT 1.00 X X 0 0 0 HALLEE ADELMAN MEMBER 1.00 X 0 0 0 AMBER BERRY MEMBER 1.00 X 0 0 0 FLYNN CORSON MEMBER 1.00 X 0 0 0 PETER FLEMING MEMBER 1.00 X 0 0 0 LEE VAN DE VELDE MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 292147 292147 292147 0 0 0 139570 139570 7500 7500 DUES AND FEES 988 988 BANK FEES 132 132 148190 139570 8620 0 1803765 2226618 832763 566843 2636528 2793461 126594 139570 126594 139570 X 1671141 2645260 838793 8631 2509934 2653891 2636528 2793461 143957 0 X X 0 1 X 1 0 X 205579 301146 255033 1277995 292147 2331900 205579 301146 255033 1277995 292147 2331900 53362 2278538 2331900 0.97710 0.61580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO WISSAHICKON CHARTER SCHOOL 139570 139570 0 WISSAHICKON CHARTER SCHOOL 4700 WISSAHICKON AVE PHILADELPHIA PA 19144 020534735 501(C)(3) 139570 0 SUPPORT FOR CURRICULUM, STAFFING, AND EDUCATIONAL PROGRAMMING ACTIVITIES FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE BOARD SHALL BE SELECTED BY WISSAHICKON CHARTER SCHOOL, A RELATED 501(C)(3) PUBLIC CHARITY. FORM 990, PART VI, SECTION A, LINE 7B WITHOUT THE APPROVAL OF THE WISSAHICKON CHARTER SCHOOL, A RELATED 501(C)(3) PUBLIC CHARITY, THE BOARD MAY NOT: (A) CHANGE THE MISSION OR PURPOSE OF THE FOUNDATION SET FORTH IN ARTICLE II ABOVE (B) BORROW MORE THAN $50,000 UNDER TERMS WHICH PROVIDE FOR A REPAYMENT PERIOD IN EXCESS OF THREE MONTHS (C) SELL OR OTHERWISE ALIENATE ANY REAL PROPERTY WITHIN ITS OWNERSHIP AND CONTROL (D) ENTER INTO ANY AGREEMENTS TO LEASE REAL PROPERTY FROM A THIRD PARTY (E) AMEND THE FOUNDATION'S ARTICLES OF INCORPORATION OR THEBYLAWS (F) UNDERTAKE ANY SINGLE (INDIVIDUAL) CAPITAL EXPENDITURES IN EXCESS OF $10,000 AND ANY AGGREGATE CAPITAL EXPENDITURES INVOLVING RELATED PROJECTS WHICH, IN THE AGGREGATE, EXCEED $50,000 (G) AUTHORIZE FUNDAMENTAL CHANGES TO THE FOUNDATION, INCLUDING THE ADOPTION OF A PLAN OF DISSOLUTION OF THE FOUNDATION THE ADOPTION OF A PLAN OF MERGER, CONSOLIDATION, DIVISION, CONVERSION OR AFFILIATION WITH ANOTHER ENTITY AND CHANGE TO THE CURRENT FOUNDATION'S CORPORATE ORGANIZATIONAL STRUCTURE (H) AUTHORIZE AND DESIGNATE OFFICERS OF THE FOUNDATION TO EXECUTE A DEED OF ASSIGNMENT FOR THE BENEFIT OF CREDITORS FILE A VOLUNTARY PETITION IN BANKRUPTCY FILE AN ANSWER CONSENTING TO THE APPOINTMENT OF A RECEIVER OR FILE AN ANSWER TO AN INVOLUNTARY PETITION IN BANKRUPTCY (I) ORGANIZE OR ACQUIRE ANY SUBSIDIARY OR AFFILIATE. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD IS PROVIDED A COPY OF THE 990 FOR THEIR REVIEW. ONCE REVIEWED BY THE BOARD, THE 990 IS SUBMITTED TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION IS REQUIRED BY LAW TO HAVE ALL TRUSTEES, PRINCIPAL OFFICER AND MEMBERS FILE A CONFLICT OF INTEREST ON AN ANNUAL BASIS. THE CONFLICT OF INTEREST POLICY APPLIES TO THE TRUSTEES, PRINCIPAL OFFICER AND MEMBERS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND ALL MATERIAL FACTS TO THE TRUSTEES AND MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE OR SHE SHALL LEAVE THE BOARD OF TRUSTEES OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING TRUSTEES OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE PRESIDENT OF THE FOUNDATION OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OF TRUSTEES OR COMMITTEE SHALL DETERMINE WHETHER THE FOUNDATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OF TRUSTEES OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED TRUSTEES WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE FOUNDATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE FOUNDATION AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. THE CONFLICT OF INTEREST POLICY INCLUDES A DUTY TO DISCLOSE POTENTIAL CONFLICTS AS THEY ARISE. EACH TRUSTEE, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY B. HAS READ AND UNDERSTANDS THE POLICY HAS AGREED TO COMPLY WITH THE POLICY D. UNDERSTANDS THAT THE FOUNDATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAXEXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE ANY INDIVIDUAL WHO MEETS THE INTERNAL REVENUE SERVICE DEFINITION OF TOP MANAGEMENT OFFICIAL, OTHER OFFICER, OR KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR PROCEDURES WISSAHICKON CHARTER SCHOOL 4700 WISSAHICKON AVE PHILADELPHIA PA 19144 EDUCATION OF CHILDREN PA 501(C)(3) LINE 2 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 WISSAHICKON CHARTER SCHOOL B 139570