Overview
What is Pittsburgh Leadership Fund?
The Pittsburgh Leadership Fund is a charitable organization, classified as a Section 501(C)(3), based in Oakmont, Pennsylvania. The fund allows donors to offer suggestions on how to distribute both the principal and earnings of the fund to various other charitable organizations. Despite transferring its donor-advised funds to other charitable foundations due to its closure, the Pittsburgh Leadership Fund continues to operate by making contributions to the Pittsburgh Leadership Foundation and, at its discretion, offering additional contributions from the funds it manages. The primary purpose of this fund is to support the Pittsburgh Leadership Foundation in its charitable endeavors.
Is Pittsburgh Leadership Fund legitimate?
Pittsburgh Leadership Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pittsburgh Leadership Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Pittsburgh Leadership Fund?
The Pittsburgh Leadership Fund operates with the objective of supporting a non-profit organization, the Pittsburgh Leadership Foundation, by making contributions from the funds it manages. It holds the power to make discretionary contributions beyond what goes to the foundation itself. The advised fund allows donors to suggest the distribution of both the principal and earnings of the fund to various charitable organizations, although the final decision on distributions lies with the fund itself. Due to the closure of the Pittsburgh Leadership Fund, some donor-advised funds were transferred to other charitable foundations, maintaining their advisory role.
Who is the CEO of Pittsburgh Leadership Fund?
Lee Kricher is the President of Pittsburgh Leadership Fund.
What is the revenue of Pittsburgh Leadership Fund?
Pittsburgh Leadership Fund's revenue in 2021 was $249,472.
Who are the executives of Pittsburgh Leadership Fund and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Pittsburgh Leadership Fund?
Pittsburgh Leadership Fund's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Pittsburgh Leadership Fund
Pittsburgh Leadership Fund operates with the intention of benefiting the Pittsburgh Leadership Foundation, a 501(c)(3) organization. It accomplishes this by making contributions to the foundation and, at its board's discretion, providing other contributions from the principal of the funds it maintains. The fund allows its donors to give advice on the distribution of both the principal and the earnings of the fund to other charitable organizations, although the fund retains final control over all distributions. Due to the closing of the Pittsburgh Leadership Fund, donor-advised funds were transferred as donor-advised funds to other charitable foundations. In essence, Pittsburgh Leadership Fund serves as a conduit for charitable contributions, allowing donors to have a say in where their funds are distributed, while maintaining ultimate control over the distributions themselves.
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Impact
October, 2024
The Pittsburgh Leadership Fund significantly impacts the community by supporting the Pittsburgh Leadership Foundation and facilitating charitable contributions to various organizations. This fund enables donors to influence the distribution of both principal and earnings, allowing them to support causes they care about, while the fund retains final control over all distributions. By channeling resources to the Pittsburgh Leadership Foundation and beyond, the Fund enhances public benefit initiatives, addressing community needs and fostering effective leadership in the Pittsburgh area. The strategic advice provided by donors ensures that the contributions are aligned with community priorities, thereby amplifying the positive outcomes of charitable efforts in the region.
This information is meant to be a general summary of Pittsburgh Leadership Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $249,472
- Gross Receipts: $249,472
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1979
Principal Officer
Lee Kricher
Main Address
531 5TH STREET, Oakmont, PA, 15139
NTEE Category
Code: W70I - Public benefit
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