2025-11-17T18:52:36-06:00 2024-12-31 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990 2024-01-01 232630701 PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION PROJ 6103564600 18 CAMPUS BOULEVARD 150 NEWTOWN SQUARE PA 190733299 PIERRE LE MANH PRESIDENT & CEO 6103564600 2025-11-17 1 1 SCOTT THOMPSETT P00741490 2125990100 2024 2025-03-06 01:10:19Z OLIVER LAZAR 18 CAMPUS BOULEVARD 150 NEWTOWN SQUARE PA 190733299 7453871 0 X HTTPS://WWW.PMI.ORG/PMI-EDUCATIONAL-FOUNDATION X 1990 DC ENABLE YOUTH TO REALIZE THEIR POTENTIAL AND TRANSFORM LIVES THROUGH PROJECT MANAGEMENT. 9 9 0 86 0 0 6883097 7036886 0 0 93464 299368 0 -30256 6976561 7305998 4674975 4631764 0 0 0 0 0 0 116162 1603935 1362832 6278910 5994596 697651 1311402 4197264 6106259 293778 842814 3903486 5263445 X SEE SCHEDULE O 0 0 4559996 4559996 0 YOUTH-SERVING NONPROFITS: LAUNCHED IN 2012, THE PM KNOWLEDGEABLE YOUTH PROGRAM INITIALLY FOCUSED ON GETTING PROJECT MANAGEMENT AND PROJECT-CENTERED EDUCATION INTEGRATED INTO THE CURRICULA FOR 13-TO-19-YEAR OLD STUDENTS GLOBALLY. IT IS THE CORNERSTONE INITIATIVE OF THE FOUNDATION'S PROGRAMS AND ACTIVITIES AND IS BEING USED AS THE LABORTORY IN WHICH THE FOUNDATION COUNTINES TO BUILD AND INVEST IN DISTINTIVE CAPABILITIES. OVER THE YEARS, AS THE PROGRAM SHIFTED FOCUS FROM PILOT TO SCALING GLOBALLY, THE FOUNDATION EXTENDED INTO PRIMARY SCHOOL EDUCATION.AS A RESULT OF THE NEWLY IMPLEMENTED STRATEGY FOCUSING ON YOUTH-SEVERING NON-PROFITS, THE FOUNDATION CULTIVATED LONG-TERM RELATIONSHIPS WITH NONPROFITS ACROSS THE GLOBE TO HELP THEM INTEGRATE PROJECT MANAGEMENT INTO THEIR YOUTH PROGRAMS AND TO BUILD THEIR OWN PROJECT MANAGEMENT CAPABILITY. THIS PROVIDES GREATER VALUE AND IMPACT TO YOUTH AND THE NONPROFIT ORGANIZATIONS THAT SERVE THEM, WHILE ALSO LEVERAGING THE YOUTH-FOCUSED WORK THE FOUNDATION HAS ACCOMPLISHED OVER THE PAST SEVEN YEARS. 654398 71768 0 GENERAL PROGRAMMING: THE FOUNDATION DELIVERS GENERAL PROGRAMMING TO INCLUDE DOZENS OF SCHOLARSHIPS, PROFESSIONAL AND STUDENT AWARDS, NETWORKING GROUPS, ENGAGEMENT OF LOCAL COMMUNITIES THROUGH PMI CHAPTERS, VOLUNTEER OPPORTUNITIES AND NEW EDUCATIONAL RESOURCES. THESE PROGRAMMING ACTIVITIES WILL CONTINUE EVEN UNDER THE REFRESHED STRATEGY TO HONOR DONORS' INTENT, AS WELL AS SUPPORTING PMI'S STRATEGY AND THE PMI COMMUNITY AT LARGE. 5214394 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 1 1 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X MIKE MARKMAN 6103564600 18 CAMPUS BOULEVARD SUITE 150 NEWTOWN SQUARE PA 19073 CONNIE FIGLEY SECRETARY (AS OF 01/2024) 5.00 0.00 X X 0 0 0 MITCHELL FONG CHAIR (AS OF 01/2024) 5.00 0.00 X X 0 0 0 ANCA SLUSANSCHI DIR./TREASURER (AS OF 01/2024) 5.00 0.00 X X 0 0 0 DANIEL ABELLA DIRECTOR 5.00 0.00 X 0 0 0 RAMAM ATMAKURI DIRECTOR 5.00 0.00 X 0 0 0 KAREN DOVE DIRECTOR 5.00 0.00 X 0 0 0 ROBERT HATSZEGI DIRECTOR 5.00 0.00 X 0 0 0 AYODEJI ISHMAEL DIRECTOR (THRU 12/31/2024) 5.00 0.00 X 0 0 0 KARA NEIL DIRECTOR 5.00 0.00 X 0 0 0 PIERRE LE MANH PMI PRESIDENT & CEO 5.00 50.00 X 0 1581999 32383 ASHLEY FORSYTH PMIEF EXECUTIVE DIRECTOR 20.00 20.00 X 0 191972 43800 OLIVER LAZAR PMIEF CHIEF OPERATING OFFICER 10.00 40.00 X 0 316543 28975 0 2090514 105158 0 0 1 0 0 22294 6305489 709103 7036886 282898 282898 124187 107717 16470 16470 16470 9900 22294 40156 -30256 -30256 7305998 0 0 269112 2697763 2697763 3090 3090 1930911 1930911 926963 500826 360919 65218 2191 1670 218 303 44425 44425 48286 48286 69387 185 69002 200 3113 2373 309 431 1585 234 257 1094 18322 2708 2969 12645 9215 2852 5009 1354 225349 69740 122494 33115 4233 1310 2301 622 CREDIT CARD FEES 1044 53 868 123 8719 679 6983 1057 5994596 5214394 664040 116162 X 595404 1470314 66832 114888 62859 397409 0 194 3472169 4123454 4197264 6106259 69928 35467 223850 807347 293778 842814 X 1258589 1888096 2644897 3375349 3903486 5263445 4197264 6106259 1311402 48557 0 X X 0 1 X 1 0 X X 1 PROJECT MANAGEMENT INSTITUTE 231887442 10 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART I, LINE 12G, COLUMN III: THE FOUNDATION DOES NOT PROVIDE MONETARY SUPPORT BACK TO PMI; THE FOUNDATION SUPPORTS PMI'S MISSION BY FACILITATING PMI'S GRANTMAKING INITIATIVES. EACH YEAR, THE PMI DIRECTORS APPROVE A CERTAIN BUDGET OF CONTRIBUTIONS TO FUND THE FOUNDATION'S GENERAL OPERATIONS AND PROGRAMS. THE FOUNDATION DISTRIBUTES A SIGNIFICANT PORTION OF THAT FUNDING TO THE CHARITIES LISTED IN SCHEDULE I OF THE FORM 990 (AS WELL AS FOR VARIOUS SCHOLARSHIP OPPORTUNITIES). PART IV, SECTION A, LINE 3B: PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION IS OPERATED CLOSELY WITH THE SUPPORTED ORGANIZATION (PROJECT MANAGEMENT INSTITUTE) AND IS VERY FAMILIAR WITH THE DAY-TO-DAY OPERATIONS. PART IV, SECTION A, LINE 3C: PMIEF OPERATES IN CLOSE COORDINATION WITH ITS SUPPORTED ORGANIZATION, THE PROJECT MANAGEMENT INSTITUTE. THE FOUNDATION MAINTAINS ONGOING COMMUNICATION AND COLLABORATION WITH PMI LEADERSHIP AND STAFF, PROVIDING A STRONG UNDERSTANDING OF PMI'S DAILY OPERATIONS, STRATEGIC INITIATIVES, AND PROGRAMMATIC NEEDS. PMIEF AND PMI WORK IN CLOSE PARTNERSHIP TO ENSURE THAT ALL FOUNDATION SUPPORT IS DIRECTED TOWARD ACTIVITIES CONSISTENT WITH SECTION 170(C)(2)(B) CHARITABLE AND EDUCATIONAL PURPOSES. THE BOARDS AND OFFICERS OF BOTH ORGANIZATIONS COORDINATE REGULARLY TO ALIGN PRIORITIES AND CONFIRM THAT ALL FUNDS ARE USED EXCLUSIVELY TO ADVANCE THEIR SHARED EXEMPT PURPOSES. THE BYLAWS OF PMI FOUNDATION REQUIRE THAT 5 OF THE 9 BOARD MEMBERS ARE APPOINTED BY THE PMI BOARD, THEREBY ENSURING THAT THE FOUNDATION'S MISSION ALIGNS WITH THAT OF PMI. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2817110 184573 291678 70445 0 0 3222916 2566631 3133 403096 155750 0 0 2817110 3170194 0 -539563 64000 0 0 2566631 3810199 0 423084 5536 1057553 0 3170194 3426017 0 480283 96103 -2 0 3810199 0.08780 0.60530 0.30690 0 0 0 X 7572156 48559 225729 274288 7297868 48286 -40156 8130 7305998 6212195 225729 40156 265885 5946310 48286 48286 5994596 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 20 FUNDS ESTABLISHED FOR VARIOUS PROGRAMMATIC INITIATIVES. PRIMARILY, ENDOWMENT FUNDS HAVE BEEN USED TO FUND SCHOLARSHIPS AND AWARDS TO ORGANIZATIONS AND INDIVIDUALS IN ORDER TO EXPAND EDUCATIONAL OPPORTUNITIES FOR FUTURE PROJECT MANAGERS AND PREPARE STUDENTS FOR SUCCESS. A PORTION OF THE ENDOWMENT ALSO INCLUDES INCOME GENERATED FOR UNRESTRICTED USE. PART X, LINE 2: THE FOLLOWING IS THE FOOTNOTE TO THE AUDITED FINANCIAL STATEMENTS: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE IRC, AND GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE FOUNDATION IS REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE INTERNAL REVENUE SERVICE ANNUALLY. IN ADDITION, ENTITIES ARE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THEIR EXEMPT PURPOSES. THE FOUNDATION HAD NO UNRELATED BUSINESS INCOME TAX FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. CONSEQUENTLY, NO ACCRUAL FOR INTEREST AND PENALTIES WAS DEEMED NECESSARY FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. GENERALLY, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATION BY THE U.S. FEDERAL OR STATE TAX AUTHORITIES FOR THREE YEARS AFTER THE FILING DATE. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF SPECIAL EVENT EXPENSES -40,156. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF SPECIAL EVENT EXPENSES 40,156. 1 EAST ASIA AND THE PACIFIC 0 0 GRANTMAKING 252000 EUROPE (INCLUDING ICELAND AND GREENLAND) 0 0 GRANTMAKING 1325735 MIDDLE EAST AND NORTH AFRICA 0 0 GRANTMAKING 300753 NORTH AMERICA 0 0 GRANTMAKING 7957 RUSSIA AND NEIGHBORING STATES 0 0 GRANTMAKING 649 SOUTH AMERICA 0 0 GRANTMAKING 2000 SOUTH ASIA 0 0 GRANTMAKING 898 SUB-SAHARAN AFRICA 0 0 GRANTMAKING 40919 0 0 0 0 0 0 1930911 0 1930911 EUROPE (INCLUDING ICELAND AND GREENLAND) EMPOWER YOUTH/GENERAL SUPPORT 583497 CHECK/WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) EMPOWER YOUTH/GENERAL SUPPORT 469812 CHECK/WIRE 0 MIDDLE EAST AND NORTH AFRICA EMPOWER YOUTH/GENERAL SUPPORT 295269 CHECK/WIRE 0 EUROPE (INCLUDING ICELAND AND GREENLAND) EMPOWER YOUTH/GENERAL SUPPORT 271802 CHECK/WIRE 0 EAST ASIA AND THE PACIFIC EMPOWER YOUTH/GENERAL SUPPORT 250000 CHECK/WIRE 0 SUB-SAHARAN AFRICA EMPOWER YOUTH/GENERAL SUPPORT 40000 CHECK/WIRE 0 NORTH AMERICA EMPOWER YOUTH/GENERAL SUPPORT 7500 CHECK/WIRE 0 0 7 0 0 0 0 0 1 PART I, LINE 2: THE FOUNDATION CONDUCTS IN-DEPTH VETTING PRIOR TO AWARDING GRANTS TO NON-U.S. NON-PROFITS TO DETERMINE THEIR RECORD OF ACCOMPLISHMENT, INCLUDING OTHER GRANTMAKING ENTITIES THAT HAVE AWARDED FUNDS TO THEM, THE AMOUNT OF THOSE FUNDS, AND THE OUTCOMES OF THEIR GRANT-FUNDED INITIATIVES. IN ADDITION, WE REQUIRE SUBMISSION OF THESE NON-PROFITS' MOST RECENTLY AUDITED FINANCIALS, ORGANIZATIONAL BUDGETS, AND LISTS OF FUNDERS BY YEAR WITH DOLLAR AMOUNTS. THESE PROCEDURES ALLOW US TO ASSESS THE LIKELIHOOD THAT THOSE THAT RECEIVE OUR GRANTS WILL USE THE FUNDS FOR THE PURPOSES AGREED UPON AND FULFILL THE REQUIREMENTS OF THE GRANT AGREEMENT. WE MONITOR THE USE OF GRANT FUNDS THROUGHOUT THE GRANT PERIOD BY REQUIRING INTERIM REPORTS THAT INCLUDE AN ACCOUNTING OF GRANT-RELATED EXPENDITURES AGAINST THE GRANT BUDGET. THIS ALLOWS US TO ASSESS IF AND WHERE DISCREPANCIES MAY BE EVIDENT IN ANTICIPATED VERSUS ACTUAL USE OF FUNDS. THE INTERIM REPORTS MUST PRECEDE DISBURSEMENT OF REMAINING GRANT DOLLARS. IF NECESSARY, WE THEN COLLABORATE WITH NON-PROFITS TO MODIFY GRANT BUDGET LINE ITEMS AS TO ENSURE THE FUNDED WORK WILL BE COMPLETED. GRANT BUDGET LINE ITEMS AS TO ENSURE THE FUNDED WORK WILL BE COMPLETED. MOREOVER, WE ARE IN ONGOING COMMUNICATION WITH THE NON-PROFITS THAT RECEIVE OUR GRANTS, EVEN OUTSIDE OF REPORTING PERIODS, AND THIS ALLOWS US TO CAREFULLY MONITOR GRANT EXPENDITURES. THIS INCLUDES SITE VISITS WHEN APPROPRIATE. PMIEF USES THE SCHOLARSHIP GUIDELINES AS STATED ON SCHEDULE I, PART IV, SUPPLEMENTAL INFORMATION. PART I, LINE 3: PMIEF USES THE ACCRUAL METHOD OF ACCOUNTING FOR GRANTS AND OTHER ASSISTANCE. GALA 32194 22294 9900 11500 26756 1900 32194 22294 9900 11500 26756 1900 40156 -30256 1 JA WORLDWIDE 745 ATLANTIC AVE BOSTON MA 02111 273666259 501(C)(3) 1445084 0 EMPOWER YOUTH/GENERAL SUPPORT SPECIAL OLYMPICS INC 1133 19TH ST NW WASHINGTON DC 200363604 520889518 501(C)(3) 351640 0 EMPOWER YOUTH/GENERAL SUPPORT COOP FOR ASSISTANCE & RELIEF (CARE) 151 ELLIS ST NE ATLANTA GA 30303 131685039 501(C)(3) 248538 0 EMPOWER YOUTH/GENERAL SUPPORT AFRICAN LEADERSHIP FOUNDATION PO BOX 7408 NEW YORK NY 101507408 830425133 501(C)(3) 223850 0 EMPOWER YOUTH/GENERAL SUPPORT NATIONAL ENGINEERS WEEK FOUNDATION DBA DISCOVERE 1420 KING ST ALEXANDRIA VA 223142750 320039097 501(C)(3) 201514 0 EMPOWER YOUTH/GENERAL SUPPORT THE EDISON INSTITUTE DBA THE HENRY FORD 20900 OAKWOOD BOULEVARD DEARBORN MI 481245029 381359513 501(C)(3) 150000 0 EMPOWER YOUTH/GENERAL SUPPORT FUTURE PROBLEM SOLVING PROGRAM INTERNATIONAL INC 225 5TH AVENUE SUITE 1 INDIALANTIC FL 32903 421234706 501(C)(3) 39522 0 EMPOWER YOUTH/GENERAL SUPPORT PITTSBURG STATE UNIVERSITY 1701 S BROADWAY ST PITTSBURG KS 66762 223981479 115 7500 0 EMPOWER YOUTH/GENERAL SUPPORT UNIVERSITY OF PITTSBURGH 139 UNIVERSITY PLACE PITTSBURG PA 15260 250965591 501(C)(3) 7500 0 EMPOWER YOUTH/GENERAL SUPPORT WILLIAM WOODS UNIVERSITY ONE UNIVERSITY AVENUE FULTON MO 65251 430654876 501(C)(3) 7500 0 EMPOWER YOUTH/GENERAL SUPPORT FOUNDATION FOR STUDENT COMMUNICATION INC 48 UNIVERSITY PL RM 305 PRINCETON NJ 08540 221926453 501(C)(3) 6000 0 EMPOWER YOUTH/GENERAL SUPPORT 11 0 PART I, LINE 2: SCHOLARSHIPS: THE PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION ("PMIEF") ACADEMIC SCHOLARSHIP PROGRAM IS DESIGNED TO FINANCIALLY ASSIST QUALIFIED APPLICANTS IN OBTAINING DEGREES FROM ACCREDITED ACADEMIC INSTITUTIONS OF HIGHER LEARNING IN THE FIELD OF PROJECT MANAGEMENT OR ANY FIELD WITH ANY RELATION TO PROJECT MANAGEMENT. THE PROGRAM IS OPEN TO ANY STUDENT PREPARING TO ENTER OR ALREADY ATTENDING AN ACCREDITED DEGREE-GRANTING COLLEGE OR UNIVERSITY AND PURSUING A BACHELOR, MASTERS, OR DOCTORAL DEGREE. THE SCHOLARSHIPS ARE AWARDED BASED ON MERIT AS MEASURED BY ACADEMIC PERFORMANCE AND EXTRACURRICULAR ACTIVITIES. THE APPLICANT'S INTENDED FIELD OF STUDY IS ALSO CONSIDERED IN THE EVALUATION PROCESS WITH PREFERENCE GIVEN TO THOSE CANDIDATES PURSUING A DEGREE IN PROJECT MANAGEMENT OR A DIRECTLY RELATED FIELD OF STUDY. 1. SCHOLARSHIPS ARE LIMITED TO USE AT AN ACCREDITED DEGREE GRANTING INSTITUTION OF HIGHER LEARNING. 2. CANDIDATES APPLYING FOR MORE THAN ONE SCHOLARSHIP SUBMIT ONE APPLICATION FORM FOR ALL SCHOLARSHIPS, INCLUDING THE TWO ESSAYS WHICH CAN BE FOUND IN THE APPLICATION FORM. ANY CANDIDATE SELECTED FOR AN AWARD WILL RECEIVE ONLY ONE SCHOLARSHIP ANNUALLY. 3. ONLY ONE COPY OF THE OFFICIAL TRANSCRIPT, RESUME, AND REFERENCE LETTERS NEEDS TO BE PROVIDED, EVEN IF CANDIDATES ARE APPLYING FOR MORE THAN ONE SCHOLARSHIP. 4. SCHOLARSHIPS ARE PAID DIRECTLY TO THE CANDIDATE BASED ON WRITTEN ACKNOWLEDGEMENT THAT THE SCHOLARSHIP AWARD WILL BE USED FOR THE INTENDED PURPOSE. 5. SCHOLARSHIPS ARE OPEN TO ANY STUDENT ENTERING OR ATTENDING AN ACCREDITED DEGREE GRANTING INSTITUTION. EVIDENCE OF ENROLLMENT IS REQUIRED. 6. FULL-TIME AND PART-TIME STUDIES ARE BOTH ELIGIBLE FOR CONSIDERATION. 7. PROJECT MANAGEMENT INSTITUTE (PMI) MEMBERS HOLDING ELECTED OR APPOINTED OFFICES AT THE GLOBAL PMI LEVEL, PMI EDUCATIONAL FOUNDATION BOARD DIRECTORS, AND PMI EMPLOYEES, ALONG WITH MEMBERS OF THEIR IMMEDIATE FAMILY (REGARDLESS OF MEMBERSHIP IN PMI) ARE NOT ELIGIBLE FOR THESE SCHOLARSHIPS. 8. APPLICATION DEADLINE IS MAY 1ST EACH YEAR, AWARD RECIPIENT(S) WILL BE NOTIFIED IN AUGUST. THE SCHOLARSHIPS WILL BE AWARDED NO LATER THAN SEPTEMBER. 9. ALL SCHOLARSHIPS ARE SUBJECT TO ANNUAL FUNDS AVAILABILITY THROUGH DIRECT DONATIONS OR THROUGH ACTUAL AND/OR ACCRUED INTEREST EARNINGS FROM ENDOWMENTS. 10. SCHOLARSHIPS WILL BE AWARDED WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, NATIONAL ORIGIN, AGE, OR STATE OF PHYSICAL HANDICAP. ALL APPLICATION MATERIALS SHOULD BE SENT TO THE PMI EDUCATIONAL FOUNDATION, 18 CAMPUS BOULEVARD, NEWTOWN SQUARE, PA 19073-3299, USA, INCLUDING: - A COMPLETED APPLICATION FORM, - TWO ESSAYS DESCRIBING WHY THE CANDIDATE WANTS TO BE A PROJECT MANAGER AND HOW A CODE OF ETHICS IS IMPORTANT TO PROJECT MANAGEMENT, - THE LATEST AVAILABLE OFFICIAL HIGH SCHOOL TRANSCRIPT AND/OR, IF APPLICABLE, THE LATEST AVAILABLE OFFICIAL COLLEGE TRANSCRIPT, - A RESUME OUTLINING EDUCATIONAL BACKGROUND, WORK EXPERIENCE, CO-CURRICULAR AND EXTRACURRICULAR ACTIVITIES, AND - ONE LETTER OF REFERENCE (WHO ARE NOT RELATIVES OF THE CANDIDATE) THAT ADDRESSES THE SUITABILITY OF THE CANDIDATE FOR THE AWARD, NATURE OF THE RELATIONSHIP WITH THE CANDIDATE, AND LENGTH OF TIME OF THE RELATIONSHIP. ALL MATERIALS SUBMITTED FOR CONSIDERATION FOR A SCHOLARSHIP AUTOMATICALLY BECOME THE PHYSICAL PROPERTY OF PMI EDUCATIONAL FOUNDATION AND WILL NOT BE RETURNED TO THE SENDER. THEY WILL NOT BE USED BY THE FOUNDATION FOR ANY PURPOSE EXCEPT TO HELP DETERMINE WHO RECEIVES A SCHOLARSHIP FOR ANY GIVEN ACADEMIC YEAR. THE PMIEF WILL PROVIDE A SCHOLARSHIP EVALUATION AND SELECTION COMMITTEE, AN IMPARTIAL PANEL OF NO FEWER THAN THREE APPROPRIATELY QUALIFIED AND TRAINED SCHOLARSHIP JUDGES COMPRISED OF PROJECT MANAGEMENT PRACTITIONERS, ACADEMICS, AND OTHERS. ALL DECISIONS OF THE PMI EDUCATIONAL FOUNDATION AND ITS SCHOLARSHIP EVALUATION AND SELECTION COMMITTEE ARE FINAL. PREFERENCE WILL BE GIVEN TO THE CANDIDATE WHO WILL BE OR IS PURSUING A DEGREE IN THE FIELD OF PROJECT MANAGEMENT OR A DIRECTLY RELATED FIELD. PREFERENCE WILL BE GIVEN TO THE CANDIDATE WITH THE BEST COMBINATION OF ACADEMIC, CO-CURRICULAR, AND EXTRACURRICULAR PERFORMANCE, WITH THE HIGHEST POTENTIAL FOR ACADEMIC SUCCESS. DESCRIPTIONS OF ALL SCHOLARSHIPS WILL BE PUBLISHED ON THE PMI EDUCATIONAL FOUNDATION WEBSITE. THE SCHOLARSHIP CANDIDATE SELECTION PROCESS IS AVAILABLE FROM THE PMI EDUCATIONAL FOUNDATION UPON REQUEST. THE NAME(S) OF SCHOLARSHIP RECIPIENT(S) WILL BE PUBLISHED ON THE PMI EDUCATIONAL FOUNDATION WEBSITE AND IN PMI PUBLICATIONS AS APPROPRIATE. GRANTS: THE FOUNDATION CONDUCTS IN-DEPTH VETTING PRIOR TO AWARDING GRANTS TO NON U.S. NON-PROFITS TO DETERMINE THEIR RECORD OF ACCOMPLISHMENT, INCLUDING OTHER GRANTMAKING ENTITIES THAT HAVE AWARDED FUNDS TO THEM, THE AMOUNT OF THOSE FUNDS, AND THE OUTCOMES OF THEIR GRANT-FUNDED INITIATIVES. IN ADDITION, WE REQUIRE SUBMISSION OF THESE NONPROFITS' MOST RECENTLY AUDITED FINANCIALS, AND ORGANIZATIONAL BUDGETS. THESE PROCEDURES ALLOWS US TO ASSESS THE LIKELIHOOD THAT THOSE THAT RECEIVE OUR GRANTS WILL USE THE FUNDS FOR THE PURPOSES AGREED UPON AND FULFILL THE REQUIREMENTS OF THE GRANT AGREEMENT. WE MONITOR THE USE OF GRANT FUNDS THROUGHOUT THE GRANT PERIOD BY REQUIRING INTERIM REPORTS THAT INCLUDE AN ACCOUNTING OF GRANT-RELATED EXPENDITURES AGAINST THE GRANT BUDGET. THIS ALLOWS US TO ASSESS IF AND WHERE DISCREPANCIES MAY BE EVIDENT IN ANTICIPATED VERSUS ACTUAL USE OF FUNDS. THE INTERIM REPORTS MUST PRECEDE DISBURSEMENT OF REMAINING GRANT DOLLARS. IF NECESSARY, WE THEN COLLABORATE WITH NONPROFITS TO MODIFY GRANT BUDGET LINE ITEMS AS TO ENSURE THE FUNDED WORK WILL BE COMPLETED. MOREOVER, WE ARE IN ONGOING COMMUNICATION WITH THE NON-PROFITS THAT RECEIVE OUR GRANTS, EVEN OUTSIDE OF REPORTING PERIODS, AND THIS ALLOWS US TO CAREFULLY MONITOR GRANT EXPENDITURES. THIS INCLUDES SITE VISITS WHEN APPROPRIATE. 0 0 0 0 0 0 0 0 0 PIERRE LE MANH PMI PRESIDENT & CEO 0 896919 0 670800 0 14280 0 19987 0 12396 0 1614382 0 0 OLIVER LAZAR PMIEF CHIEF OPERATING OFFICER 0 256824 0 58477 0 1242 0 12691 0 16284 0 345518 0 0 ASHLEY FORSYTH PMIEF EXECUTIVE DIRECTOR 0 168521 0 23088 0 363 0 10854 0 32946 0 235772 0 0 FORM 990, PART III MISSION STATEMENT ENABLE YOUTH TO REALIZE THEIR POTENTIAL AND TRANSFORM LIVES THROUGH PROJECT MANAGEMENT. OUR GOAL IS TO FORGE PARTNERSHIPS WITH NONPROFIT ORGANIZATIONS THAT SUPPORT AND PREPARE YOUTH FOR SUCCESS BY OFFERING OUR PROJECT MANAGEMENT EXPERTISE, RESOURCES, AND VOLUNTEERS TO AID THEM IN THEIR MISSIONS. YOU ARE PART OF OUR STRATEGY. WHETHER YOU ARE A VOLUNTEER, DONOR, INTERESTED NONPROFIT, PROJECT MANAGEMENT TRAINING ORGANIZATION OR RESEARCHER, YOUR SKILLS, ENTHUSIASM, AND FINANCIAL SUPPORT CAN HELP MAKE OUR VISION A REALITY. YOUTH: OUR EMPHASIS ON YOUNG PEOPLE CREATES GENERATION AFTER GENERATION OF ADULTS WHO FULFILL THEIR OWN GOALS AND ARE PREPARED TO SHAPE THEIR WORLD. YOUTH-SERVING NONPROFITS: WE REACH AND INFLUENCE YOUTH BY PARTNERING WITH YOUTH-SERVING NONPROFITS AROUND THE WORLD TO DELIVER OF OUR RESOURCES THROUGH ENGAGING, EXPERIENCE-BASED PROJECT ACTIVITIES. VOLUNTEERS: WE LEVERAGE THE POWER OF VOLUNTEER PROJECT PROFESSIONALS TO HELP DELIVER THE BENEFITS OF PROJECT MANAGEMENT TO YOUTH. FORM 990, PART VI, SECTION A, LINE 7A PER THE ORGANIZATION'S BYLAWS, THE PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION ("PMIEF") BOARD OF DIRECTORS SHALL INCLUDE FIVE (5) REPRESENTATIVES, APPOINTED BY THE PROJECT MANAGEMENT INSTITUTE ("PMI") BOARD OF DIRECTORS, A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE SECTION 501(C)(6). THE DIRECTORS APPOINTED BY THE PMI BOARD OF DIRECTORS SHALL ALWAYS CONSTITUTE A MAJORITY OF THE PMIEF BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS DISTRIBUTED ELECTRONICALLY TO THE GOVERNING BODY FOR REVIEW PRIOR TO FILING. THE PROCESS INCLUDED THE OPPORTUNITY FOR MEMBERS OF THE GOVERNING BODY TO SUBMIT QUESTIONS/COMMENTS ELECTRONICALLY. FORM 990, PART VI, SECTION B, LINE 12C INDIVIDUALS ACCOUNTABLE UNDER THE CONFLICT OF INTEREST POLICY INCLUDE ALL PMI EMPLOYEES (PMIEF HAS NO EMPLOYEES; PMI EMPLOYEES ARE ASSIGNED TO SUPPORT PMIEF) AND PMIEF VOLUNTEERS (BOTH MEMBERS AND NON-MEMBERS). MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS, AND KEY EMPLOYEES OF PMI ARE REQUIRED TO COMPLETE THE QUESTIONNAIRE ON AN ANNUAL BASIS. THEY MUST IDENTIFY SITUATIONS WHERE THEY HAVE A CONFLICT OF INTEREST OR WHERE A REASONABLE PERSON MIGHT CONCLUDE THEY HAVE A CONFLICT OF INTEREST IN THE ACTIVITY IN WHICH THEY ARE PARTICIPATING OR ABOUT TO PARTICIPATE. SUCH DISCLOSURE SHOULD BE MADE IMMEDIATELY TO THAT STAFF MEMBER'S SUPERIOR OR THE GROUP LEADER IN THE CASE OF VOLUNTEERS. THE DISCLOSURE IS REVIEWED BY THE RESPONSIBLE GROUP LEADER FOR HIS/HER KNOWLEDGE AND UNDERSTANDING AND THEN FORWARDED TO THE PMI STAFF MEMBER WHO IS RESPONSIBLE FOR THE VOLUNTEER GROUP. ANY CONFLICTS OR POTENTIAL CONFLICTS ARE BROUGHT TO THE PMI LEGAL AND COMPLIANCE TEAM FOR RESOLUTION. RESTRICTIONS AND REMEDIAL ACTIONS FOR DISCLOSED CONFLICTS OR POSSIBLE CONFLICTS OF INTEREST MAY INCLUDE, RECUSAL FROM ANY DECISION DEVELOPED BY THE GROUP OR FROM THE PART OF THE PROCESS WHERE A CONFLICT EXISTS, REPLACEMENT ON THE GROUP, AND/OR PARTICIPATION AS A SUBJECT MATTER EXPERT BUT NOT IN DISCUSSIONS OR DELIBERATIONS. APPARENT VIOLATIONS OF THIS POLICY, INCLUDING THE FAILURE TO MAKE ADEQUATE AND FULL DISCLOSURE, ARE FORWARDED TO THE APPROPRIATE INDIVIDUAL AS DESCRIBED IN PMI'S POLICY ON COMPLAINT, DISPUTE, AND GRIEVANCE RESOLUTION OR TO THE ETHICS REVIEW COMMITTEE UNDER PMI'S MEMBER ETHICS CASE PROCEDURES, AS APPLICABLE. FORM 990, PART VI, SECTION B, LINE 15 PROJECT MANAGEMENT INSTITUTE EDUCATIONAL FOUNDATION (PMIEF) HAS NO EMPLOYEES AND DOES NOT COMPENSATE ANY LISTED PERSONS. HOWEVER, TOP MANAGMENT OFFICIALS WERE COMPENSATED BY A RELATED ORGANIZATION, PROJECT MANAGEMENT INSTITUTE (PMI). AS SUCH, PMIEF FOLLOWS THE COMPENSATION AND REVIEW POLICY OF PMI: PROJECT MANAGEMENT INSTITUTE FOLLOWS A FORMAL PROCESS TO ENSURE THAT COMPENSATION FOR ITS CHIEF EXECUTIVE OFFICER, OFFICERS, AND KEY EMPLOYEES IS REASONABLE AND CONSISTENT WITH THE MARKET IN WHICH IT OPERATES. THE BOARD OF TRUSTEES HAS ESTABLISHED A COMPENSATION COMMITTEE COMPRISED ENTIRELY OF INDEPENDENT TRUSTEES WHO HAVE NO PERSONAL INTEREST IN THE COMPENSATION ARRANGEMENTS. THE COMMITTEE ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT TO PROVIDE MARKET ASSESSMENTS AND COMPARABILITY DATA FROM PROFESSIONAL SOCIETIES AND NONPROFIT ORGANIZATIONS OF SIMILAR SIZE, SCOPE, AND COMPLEXITY. BASED ON ITS REVIEW OF THE CONSULTANT'S ANALYSES AND OTHER RELEVANT INFORMATION, THE COMPENSATION COMMITTEE MAKES RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES, WHICH APPROVES FINAL COMPENSATION DECISIONS. ALL DELIBERATIONS, COMPARABILITY DATA, AND DECISIONS ARE CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE MEETING AT WHICH SUCH ACTIONS ARE TAKEN. 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. SOME GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART X, NET ASSETS DURING THE YEAR ENDED DECEMBER 31, 2024, THE FOUNDATION IDENTIFIED AN ERROR RELATED TO AMOUNTS IN THE NET ASSETS WITH DONOR RESTRICTIONS THAT SHOULD HAVE BEEN RELEASED FROM RESTRICTIONS AS OF DECEMBER 31, 2022 AND PRIOR. THE JANUARY 1, 2023, OPENING BALANCES OF NET ASSETS WITHOUT DONOR RESTRICTIONS AND NET ASSETS WITH DONOR RESTRICTIONS HAVE BEEN RESTATED. PROJECT MANAGEMENT INSTITUTE INC 18 CAMPUS BOULEVARD SUITE 150 NEWTOWN SQUARE PA 19073 231887442 PROFRESSIONAL ORGANIZATION PA 501(C)(6) N/A 0 PROJECT MANAGERS WITHOUT BORDERS 18 CAMPUS BOULEVARD SUITE 150 NEWTOWN SQUARE PA 19073 472193832 SUPPORT CO 501(C)(3) LINE 12A, I PMI 0 AGILEALLIANCE 18 CAMPUS BOULEVARD SUITE 150 NEWTOWN SQUARE PA 19073 364485515 PROMOTE SOFTWARE DEVELOPMENT IL 501(C)(6) PMI 0 PMI MANAGEMENT EUROPE (BELGIUM) SQUARE DE MEEUS 35 3D FLOOR BRUSSELS BE 981219090 OUTREACH BE PMI N/A 0 0 PMI EUROPE LIMITED 82 ST JOHN STREET LONDON LONDON UK HOLDING COMPANY UK PMI C 0 PMI CANADA 1055 W GEORGIA ST 1500 ROYAL CTR VANCOUVER CA BENCHMARKING CA PMI C 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 PROJECT MANAGEMENT INSTITUTE INC C 6305489 PROJECT MANAGEMENT INSTITUTE INC M 208980