2025-03-25T09:45:50-05:00 2024-09-30 881478669 CBIZ ADVISORS LLC 1899 L STREET NW 850 WASHINGTON DC 20036 990 2023-10-01 851911943 PATH PARTNERSHIPS PATH 5406804100 321 WALKER DRIVE 301 WARRENTON VA 20186 CHRISTINE M CONNELLY PRESIDENT 5406804100 2025-03-25 1 1 FRANK H SMITH P00639053 2022274000 2025-03-25 2023 2025-03-06 01:10:19Z CHRISTINE M CONNOLLY 321 WALKER DRIVE 301 WARRENTON VA 20186 1436178 0 X N/A X 2020 VA THE MISSION OF THE CORPORATION IS TO PROMOTE HEALTH, EDUCATE THE PUBLIC, PROVIDE RELIEF TO THE POOR AND DISTRESSED, LESSEN THE BURDENS OF GOVERNMENT, AND COMBAT COMMUNITY DETERIORATION BY SERVING AS A STATEWIDE RESOURCE THAT (1) OFFERS FINANCIAL SUPPORT FOR CHARITABLE AND EDUCATIONAL INITIATIVES ACROSS THE STATE, (2) ENGAGES IN RESEARCH AND EDUCATION THAT IS MADE PUBLICLY AVAILABLE, AND (3) DEVELOPS AND ENCOURAGES COLLABORATIONS THAT ACCOMPLISH CHARITABLE AND EDUCATIONAL OBJECTIVES THROUGH RESOURCE-SHARING, LEARNING, AND NETWORKING. 7 6 0 6 0 0 467978 817750 205375 297041 54489 144783 1987 0 729829 1259574 50000 275000 0 0 321197 403192 0 0 0 371027 402380 742224 1080572 -12395 179002 3931687 4866917 58258 42511 3873429 4824406 THE MISSION OF THE CORPORATION IS TO PROMOTE HEALTH, EDUCATE THE PUBLIC, PROVIDE RELIEF TO THE POOR AND DISTRESSED, LESSEN THE BURDENS OF GOVERNMENT, AND COMBAT COMMUNITY DETERIORATION BY SERVING AS A STATEWIDE RESOURCE. 0 0 497269 50000 297041 VIRGINIA FUNDERS' NETWORK (VFN) - A STATEWIDE MEMBERSHIP PROGRAM OF MORE THAN 100 PHILANTHROPIC ORGANIZATIONS WORKING TO IMPROVE THE QUALITY OF LIFE IN THE COMMONWEALTH. VFN ENHANCES THE EFFECTIVENESS OF OUR MEMBERS' WORK THROUGH NETWORKING, COLLABORATION, LEARNING, AND LEVERAGE. 225000 225000 PATH PARTNERSHIPS ONE-TIME DISCRETIONARY COMMUNITY GRANTS. 722269 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 11 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 VA X JULIE LERUDIS CFO 5406804100 321 WALKER DRIVE 301 WARRENTON VA 20186 CHRISTINE M CONNOLLY PRESIDENT 2.00 40.00 X X 0 362008 76646 DOUGLAS MARSHALL CHAIR 0.25 2.00 X X 0 0 0 ROGER BAKER VICE CHAIR 0.25 2.00 X X 0 0 0 HANNAH RODRIGUEZ SECRETARY/TREASURER 0.25 2.00 X X 0 0 0 ELIZABETH L DIETEL MEMBER 0.25 1.50 X 0 0 0 DAPHNE LATIMORE MEMBER 0.25 1.50 X 0 0 0 JOHN MCCARTHY MEMBER 0.25 1.50 X 0 0 0 ELIZABETH LITTLEFIELD CEO, VA FUNDERS NETWORK 40.00 X 0 62868 11797 0 424876 88443 0 0 1 0 0 317296 500454 817750 CONFR. REGISTRATIONS 900099 297041 297041 297041 71387 71387 250000 176604 73396 73396 73396 1259574 297041 0 144783 X 275000 275000 168625 134901 33724 173474 110687 62787 5842 3642 2200 32682 21213 11469 22569 16036 6533 2511 2511 77089 77089 7 7 152078 109028 43050 33874 18514 15360 134813 33248 101565 429 429 DUES AND SUBSCRIPTIONS 1579 1579 1080572 722269 358303 0 539486 576329 2000 264500 6876 11707 4505 987 1117 3518 2756603 3276815 625605 734048 3931687 4866917 17133 42511 10000 0 31125 0 58258 42511 X 3089974 3681617 783455 1142789 3873429 4824406 3931687 4866917 X 179002 638594 133381 X 0 1 X 1 0 X 2624000 867867 218584 467978 817750 4996179 2624000 867867 218584 467978 817750 4996179 152815 4843364 6564 41280 47865 54489 71387 221585 1987 1987 5219751 532687 X SCHEDULE A, PART II THE ORGANIZATION'S FIRST YEAR OF OPERATIONS WAS A SHORT YEAR FROM JULY 13, 2020 TO SEPTEMBER 30, 2020. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4505 987 3518 3518 BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUST 734048 734048 X 2070329 638594 38780 133381 810755 1259574 0 1259574 1119352 38780 38780 1080572 0 1080572 PART X, LINE 2: THE ORGANIZATION PERFORMED AN EVALUATION OF UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED SEPTEMBER 30, 2024, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUST 133,381. 0 CARDINAL PRODUCTIONS INC PO BOX 4455 ROANOKE VA 24015 871532828 OTHER 50000 0 GRANT TO CARDINAL NEWS IN SUPPORT OF REGIONAL HEALTH REPORTER CENTER FOR NON PROFIT EXCELLENCE 1701-A ALLIE STREET CHARLOTTESVILLE VA 22903 203412827 501(C)(3) 150000 0 DISCRETIONARY GRANT - DONATION TO CAPITAL CAMPAIGN FAUQUIER SPCA 9350 ROGUES RD MIDLAND VA 22728 546052515 501(C)(3) 75000 0 ONE TIME CONTRIBUTION - SANDRA LAMB CHARITABLE TRUST PROCEEDS 2 1 X X X X X 1 0 0 0 0 0 0 0 0 CHRISTINE M CONNOLLY PRESIDENT 0 362008 0 0 0 0 0 40850 0 35796 0 438654 0 0 PART I, LINE 3 THE PRESIDENT OF PATH PARTNERSHIPS IS COMPENSATED BY PATH FOUNDATION. PATH FOUNDATION USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS, AND APPROVAL BY COMPENSATION COMMITTEE TO ESTABLISH COMPENSATION FOR THE PRESIDENT. THE MOST RECENT COMPENSATION SURVEY WAS COMPLETED OCTOBER 1, 2023. PART I, LINE 4A KATY MOORE, THE FORMER CEO, RECEIVED SEVERANCE PAYMENTS OF $19,969. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE CORPORATION SHALL BE FAUQUIER HEALTH FOUNDATION, DBA PATH FOUNDATION, A VIRGINIA NONSTOCK CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A PATH FOUNDATION SHALL HAVE THE EXCLUSIVE RIGHT TO VOTE ON THE ELECTION, APPOINTMENT, REPLACEMENT, OR REMOVAL, WITH OR WITHOUT CAUSE, OF ANY OR ALL OF THE DIRECTORS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B PATH FOUNDATION MUST APPROVE ALL AMENDMENTS TO THE ARTICLES OF INCORPORATION OF THE CORPORATION AND ITS BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PREPARES THE IRS FORM 990 WITH ASSISTANCE FROM AN OUTSIDE ACCOUNTING FIRM. ONCE A DRAFT OF THE FORM 990 IS COMPLETED, IT IS SUBMITTED TO THE MANAGEMENT OF THE ORGANIZATION FOR REVIEW AND COMMENTS. AFTER INCORPORATING CHANGES FROM MANAGEMENT, MATERIALLY COMPLETE DRAFT FORMS 990 ARE MADE AVAILABLE TO THE BOARD OF THE ORGANIZATION. COMMENTS OR QUESTIONS RECEIVED FROM THE BOARD ARE INCORPORATED INTO A FINAL IRS FORM 990, WHICH IS SIGNED BY THE PRESIDENT, CHRISTINE M. CONNOLLY. FORM 990, PART VI, SECTION B, LINE 12C UNDER THE CONFLICT OF INTEREST POLICY, ALL BOARD MEMBERS, MANAGEMENT, AND KEY EMPLOYEES COMPLETE AN ANNUAL DISCLOSURE FORM REGARDING BUSINESS RELATIONSHIPS THAT HE OR SHE, OR ANY FAMILY MEMBER, HAS WITH ANY OTHER COMPANY THAT DOES BUSINESS WITH THE ORGANIZATION, AS WELL AS ANY BUSINESS RELATIONSHIPS BETWEEN AND AMONG THE BOARD MEMBERS, MANAGEMENT, AND KEY EMPLOYEES. THE ANNUAL DISCLOSURE STATEMENTS ARE REVIEWED BY INDEPENDENT LEGAL COUNSEL AND THE AUDIT AND COMPLIANCE COMMITTEE, WHO ARE ULTIMATELY RESPONSIBLE IF A CONFLICT EXISTS. ANY SUCH CONFLICTS WOULD BE REPORTED TO THE FULL BOARD. IN ADDITION, ANY PERSON WHO IS COVERED BY THE CONFLICT OF INTEREST POLICY HAS AN ONGOING OBLIGATION TO DISCLOSE THE EXISTENCE OF ANY ACTUAL OR POTENTIAL CONFLICT TO THE BOARD OR THE BOARD COMMITTEE IN WHICH THE MATTER ARISES. FINALLY, THE ORGANIZATION MONITORS BOARD MEMBER ELIGIBILITY FOR ANY POTENTIAL CONFLICTS, IN ORDER TO AVOID SUCH CONFLICTS OCCURRING IN THE FIRST PLACE. AN OPPORTUNITY IS GIVEN AT THE START OF EACH MEETING TO DISCLOSE ANY CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT IS COMPENSATED BY THE FAUQUIER HEALTH FOUNDATION (DBA THE PATH FOUNDATION). THE FOUNDATION'S BOARD ADOPTED A COMPENSATION POLICY FOR ITS CEO AND CFO. AN EXECUTIVE COMPENSATION COMMITTEE OF INDEPENDENT DIRECTORS OF THE BOARD OF PATH FOUNDATION WAS ESTABLISHED TO REVIEW THE COMPENSATION FOR ALL EMPLOYEES SPECIFIED HAVING A SUBSTANTIAL INFLUENCE OVER THE ORGANIZATION AND WHO RECEIVE REMUNERATION FROM THE ORGANIZATION. THE EXECUTIVE COMPENSATION COMMITTEE IS ADVISED BY AN INDEPENDENT COMPENSATION CONSULTANT, WHO OPINES TO THE COMPENSATION COMMITTEE THAT THE LEVEL OF COMPENSATION PAID AND THE PROCESS BY WHICH COMPENSATION IS ESTABLISHED MEET APPLICABLE IRS REASONABLENESS AND SAFE HARBOR STANDARDS. THE OUTSIDE COMPENSATION CONSULTANT PROVIDES DATA OF COMPENSATION PROVIDED AT SIMILAR ORGANIZATIONS TO ENSURE THAT THE ORGANIZATION DOES NOT COMPENSATE IN EXCESS OF MARKET NORMS. 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 IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 83,028. MANAGEMENT AND GENERAL EXPENSES 41,439. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 124,467. HR CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,611. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,611. EVENT PLANNER: PROGRAM SERVICE EXPENSES 25,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,000. EVENT SPEAKER: PROGRAM SERVICE EXPENSES 1,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,000. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN CHARITABLE REMAINDER TRUST 133,381. PATH HOLDINGS I LLC 321 WALKER DRIVE SUITE 301 WARRENTON VA 20186 831855131 REAL ESTATE HOLDINGS VA 151 5717470 PATH FOUNDATION PATH HOLDINGS III LLC 321 WALKER DRIVE SUITE 301 WARRENTON VA 20186 834365365 REAL ESTATE HOLDINGS VA 95 1268479 PATH FOUNDATION PATH HOLDINGS IV LLC 321 WALKER DRIVE SUITE 301 WARRENTON VA 20186 834428768 REAL ESTATE HOLDINGS VA 102777 85909 PATH FOUNDATION BIRDLEG LLC 321 WALKER DRIVE SUITE 301 WARRENTON VA 20186 832868460 REAL ESTATE HOLDINGS VA 272 1785439 PATH FOUNDATION PATH FOUNDATION 321 WALKER DRIVE SUITE 301 WARRENTON VA 20186 300219424 GRANTMAKING FOUNDATION VA 501(C)(3) PF 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0