2025-11-14T08:33:10-06:00 2024-12-31 232415973 HERBEIN COMPANY INC 2763 CENTURY BOULEVARD READING PA 19610 990 2024-01-01 832334254 THE FUND FOR OLIVET BOYS & GIRLS CLUB FUND 6103731314 1161 PERSHING BLVD READING PA 19611 MICHAEL J MIZAK JR SECRETARY AND TREASURER 6103731314 2025-11-11 1 1 JUSTINE N BAUER CPA P01283101 6103781175 2025-11-11 2024 2025-03-06 01:10:19Z MICHAEL J MIZAK JR 1161 PERSHING BLVD READING PA 19611 127446 0 X N/A X 2018 PA TO SUPPORT THE MISSION OF OLIVET BOYS & GIRLS CLUB OF READING & BERKS COUNTY, PA 3 3 0 3 0 0 0 0 32797 127446 0 0 0 0 32797 127446 0 0 0 0 0 0 0 0 0 3387 147195 3387 147195 29410 -19749 2254935 2374856 8667 5280 2246268 2369576 X THE FUND PROVIDES SUPPORT TO THE OLIVET BOYS & GIRLS CLUB TO CARRY OUT THEIR MISSION OF ENABLING ALL YOUNG PEOPLE, ESPECIALLY THOSE MOST IN NEED, TO REACH THEIR FULL POTENTIAL AS HEALTHY, PRODUCTIVE, CARING, RESPONSIBLE CITIZENS. 0 0 147195 127446 THE FUND WAS ESTABLISHED TO PROVIDE LIABILITY PROTECTION FOR THE ASSETS OF THE FORMER MCCORMICK FOUNDATION AND TO ENSURE THAT THESE ASSETS ARE NOT EXPOSED TO THE CREDITORS OF OLIVET OR TO ANY LIABILITIES ARISING FROM OLIVET'S ACTIVITIES. THESE ASSETS OPERATE LIKE AN ENDOWMENT-TYPE FUND AND HAVE BEEN USED BY THE FUND TO PAY AN ANNUAL DISTRIBUTION TO OLIVET TO HELP SUPPORT YOUTH PROGRAMS AND SERVICES. AS THE SOLE MEMBER AND PARENT CORPORATION OF OLIVET, THE FUND EXERCISES GOVERNANCE OVERSIGHT BY APPROVING CERTAIN FUNDAMENTAL TRANSACTIONS OF OLIVET. THE FUND WAS ALSO ESTABLISHED TO HELP FURTHER THE DEVELOPMENT CAPABILITIES OF OLIVET AND POSSIBLY MAKE MORE FUNDING AVAILABLE TO SUPPORT THE MISSION IN THE COMMUNITY. THE FUND IS TO ASSIST OLIVET WITH FUNDRAISING ACTIVITIES FOR LARGER DONATIONS SUCH AS PLANNED GIVING AND A MAJOR GIFTS PROGRAM. THE FUND'S DEVELOPMENT ACTIVITIES ARE NOT FULLY OPERATIONAL. 147195 1 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X THE ORGANIZATION 6103731314 1161 PERSHING BLVD READING PA 19611 RACHEL KUHN CHAIRMAN 1.00 X X 0 0 0 JOHN MASSARO VICE CHAIRMAN 1.00 X X 0 0 0 MICHAEL J MIZAK JR SECRETARY AND TREASURER 1.00 X X 0 0 0 RICK PEREZ CEO AS OF JUNE 2024 1.00 40.00 X 0 70000 0 0 70000 0 0 0 0 0 0 INVESTMENT RETURN 523940 127446 127446 127446 127446 127446 0 0 X 38382 38382 DISTRIBUTION TO OLIVET 108813 108813 147195 147195 0 0 2254935 2374856 2254935 2374856 8667 5280 8667 5280 X 2246268 2369576 2246268 2369576 2254935 2374856 -19749 143057 0 X 0 0 0 X X 1 OLIVET BOYS AND GIRLS' CLUB OF READING AND BERKS COUNTY PA 231365380 7 1 108813 0 1 108813 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X X 1 0 1 0 PART IV, SECTION E, 2A THE ORGANIZATION'S ACTIVITIES PROVIDED SUPPORT FOR THE EXEMPT PURPOSE OF THE OLIVET BOYS & GIRLS CLUB BY MANAGING AN INVESTMENT ACCOUNT AND CONTRIBUTING MONEY TOWARDS THEIR PROGRAM SERVICES. PART IV, SECTION E, 3A AS THE SOLE MEMBER AND PARENT CORPORATION OF OLIVET, THE FUND EXERCISES GOVERNANCE OVERSIGHT BY APPROVING THE FOLLOWING FUNDAMENTAL TRANSACTIONS OF OLIVET. - ANY AMENDMENT TO, OR THE REPEAL AND SUBSEQUENT ADOPTION OF, ANY PROVISION OF OLIVET'S ARTICLES OF INCORPORATION OR BYLAWS. - THE ELECTION OR REMOVAL OF A MEMBER OF THE BOARD OF DIRECTORS OF OLIVET. 0 DUE TO AFFILIATE 5280 5280 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED AND APPROVED BY THE ORGANIZATION'S BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, OFFICERS AND DIRECTORS MUST DISCLOSE ANY CONFLICT OF INTERESTS AS OUTLINED PER THE ORGANIZATION'S POLICY. ALL CONFLICT OF INTEREST STATEMENTS ARE REVIEWED ANNUALLY BY MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15A THERE IS NO COMPENSATION PAID BY THIS ORGANIZATION FOR MANAGEMENT OR OFFICERS. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 11G FEES DUE TO OBGC: PROGRAM SERVICE EXPENSES 38,382. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 38,382. OLIVET BOYS AND GIRLS CLUB OF READING AND BERKS COUNTY PA 1161 PERSHING BLVD READING PA 19611 231365380 CHILDRENS PROGRAMMING PA 501(C)(3) 170(B)(1)(A)(VI) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 OLIVET BOYS AND GIRLS CLUB OF READING AND BERKS COUNTY PA N OLIVET BOYS AND GIRLS CLUB OF READING AND BERKS COUNTY PA O OLIVET BOYS AND GIRLS CLUB OF READING AND BERKS COUNTY PA P 5280 CASH OLIVET BOYS AND GIRLS CLUB OF READING AND BERKS COUNTY PA R 108813 CASH