2026-07-08T08:34:03-05:00 2025-08-31 251408703 SCHNEIDER DOWNS & CO INC ONE PPG PLACE SUITE 1700 PITTSBURGH PA 15222 990EZ 2024-09-01 473515830 POINT PARK UNIVERSITY FOUNDATION POIN 4123923992 201 WOOD STREET PITTSBURGH PA 15222 TRACY CLAYBAUGH SECRETARY/ASST. TREASURER 4123923992 2026-07-06 1 0 SARAH R PIOT P01358891 4122613644 2024 2025-03-06 01:10:19Z X X N/A X 0 0 0 0 34134 0 34134 34134 34134 34134 34134 0 0 34134 34134 X TO PROMOTE, SUPPORT, AND FURTHER THE EDUCATIONAL MISSION OF POINT PARK UNIVERSITY IN ITS CAPACITY AS A SUPPORTING ORGANIZATION TO POINT PARK UNIVERSITY, THE POINT PARK UNIVERSITY FOUNDATION WILL PROMOTE, SUPPORT AND FURTHER THE EXEMPT PURPOSES OF THE UNIVERSITY. THE UNIVERSITY'S EXEMPT MISSION IS TO EDUCATE STUDENTS IN A DIVERSE ENVIRONMENT AND PREPARE GRADUATES TO APPLY KNOWLEDGE TO ACHIEVE THEIR GOALS, ADVANCE THEIR PROFESSIONS AND SERVE THEIR COMMUNITIES. 0 0 0 CHRIS BRUSSALIS EDD PRESIDENT 0.05 0 0 0 BRIDGET MANCOSH SECRETARY/ASST. TREASURER 0.05 0 0 0 HELEN BILLAK CHAIR 0.05 0 0 0 WILLIAM GENERETT JR VICE CHAIR 0.05 0 0 0 WILLIAM JONES TREASURER 0.05 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 JAMES HARDT 201 WOOD STREET PITTSBURGH PA 15222 4123923969 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X X X 1 POINT PARK UNIVERSITY 251094922 2 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV, SECTION E, LINE 2A: IN ITS CAPACITY AS A SUPPORTING ORGANIZATION TO POINT PARK UNIVERSITY, THE PPU FOUNDATION WILL PROMOTE, SUPPORT AND FURTHER THE EXEMPT PURPOSES OF THE UNIVERSITY. THE UNIVERSITY'S EXEMPT MISSION IS TO EDUCATE STUDENTS IN A DIVERSE ENVIRONMENT AND PREPARE GRADUATES TO APPLY KNOWLEDGE TO ACHIEVE THEIR GOALS, ADVANCE THEIR PROFESSIONS AND SERVE THEIR COMMUNITIES. AS A SUPPORTING ORGANIZATION OF THE UNIVERSITY, PPU FOUNDATION AT ALL TIMES WILL BE OPERATED IN CONNECTION WITH THE UNIVERSITY. PPU FOUNDATION WILL BE ORGANIZED AND OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSE OF THE UNIVERSITY. AT NO TIME WILL PPU FOUNDATION BE CONTROLLED, DIRECTLY OR INDIRECTLY, BY DISQUALIFIED PERSONS OTHER THAN FOUNDATION MANAGERS OR AN ORGANIZATION DESCRIBED IN EITHER SECTIONS 509(A)(1) OR 509(A)(2) OF THE CODE. PART IV, SECTION E, LINE 2B: SPECIFICALLY, PPU FOUNDATION PARTICIPATED IN A NEW MARKETS TAX CREDIT FINANCING ARRANGEMENT FOR THE CONSTRUCTION OF A NEW FACILITY FOR THE PITTSBURGH PLAYHOUSE WHICH IS HOUSED IN THE PERFORMING ARTS CENTER OF THE UNIVERSITY. PPU FOUNDATION'S ACTIVITIES ARE LIMITED TO THOSE ACTIVITIES, BUT FOR THE PPU FOUNDATION, THE ACTIVITIES WOULD HAVE BEEN CONDUCTED BY THE UNIVERSITY IN CONNECTION WITH CARRYING OUT ITS EXEMPT PURPOSE. PART IV, SECTION D, LINE 3: THERE SHALL BE TWO CLASSES OF DIRECTORS: INDEPENDENT DIRECTORS AND POINT PARK UNIVERSITY DIRECTORS. INDEPENDENT DIRECTORS MAY NOT BE CURRENT DIRECTORS, OFFICERS, OR EMPLOYEES OF POINT PARK UNIVERSITY. AT ALL TIMES, THE NUMBER OF POINT PARK UNIVERSITY DIRECTORS SHALL BE ONE LESS THAN THE NUMBER OF INDEPENDENT DIRECTORS, SUCH THAT THE INDEPENDENT DIRECTORS SHALL ALWAYS BE A MAJORITY OF THE DIRECTORS IN OFFICE. THERE SHALL INITIALLY BE THREE (3) INDEPENDENT DIRECTORS AND TWO(2) POINT PARK UNIVERSITY DIRECTORS. FURTHERMORE, BASED UPON THIS RELATIONSHIP, THE UNIVERSITY HAS A SIGNIFICANT VOICE IN THE INVESTMENT POLICIES OF PPU FOUNDATION, THE TIMING AND MANNER OF DISTRIBUTIONS AND OTHERWISE DIRECTING THE USE OF THE INCOME AND ASSETS OF PPU FOUNDATION. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.