2026-08-04T12:28:23-05:00 2025-12-31 410746749 CLIFTONLARSONALLEN LLP 200 BRICKSTONE SQUARE SUITE 103 ANDOVER MA 01810 990 2025-01-01 231387107 THE SARAH RALSTON FOUNDATION SARA 2153862984 123 SOUTH BROAD STREET 2245 PHILADELPHIA PA 19109 HEATHER FINNEGAN EXECUTIVE DIRECTOR 2153862984 2026-08-04 1 LUKE BURNETT P01079018 9786202000 2026-07-31 2025 2025-03-06 01:10:19Z HEATHER FINNEGAN 123 SOUTH BROAD STREET 2245 PHILADELPHIA PA 19109 36612961 0 1 X WWW.SARAHRALSTONFOUNDATION.ORG X 1934 PA THE SARAH RALSTON FOUNDATION SUPPORTS AND ENHANCES THE QUALITY OF LIFE OF VULNERABLE AND UNDERSERVED OLDER ADULTS RESIDING IN PHILADELPHIA.SIGNIFICANT ACTIVITIES INCLUDE:GENERAL OPERATING SUPPORT GRANTS INNOVATIVE PROJECT SUPPORT GRANTSCAPACITY BUILDING INITIATIVES 12 12 3 16 0 0 85493 98476 0 0 4498056 3421262 0 162 4583549 3519900 3591678 1886750 0 0 519647 433259 0 0 7372 543007 501289 4654332 2821298 -70783 698602 60333987 63479319 1246585 599152 59087402 62880167 THE SARAH RALSTON FOUNDATION SUPPORTS AND ENHANCES THE QUALITY OF LIFE OF VULNERABLE AND UNDERSERVED OLDER ADULTS RESIDING IN PHILADELPHIA COUNTY. CONTINUED ON SCHEDULE O. 0 0 2294658 1886750 THE FOUNDATION RAN TWO GRANT CYCLES. THE FIRST CYCLE WAS AN OPERATING GRANT CYCLE - THE APPLICATION WAS DUE 4/1/2025, THE AWARDS WERE ANNOUNCED 5-2025, AND PAYMENTS MADE 6-2025. THE SECOND CYCLE WAS AN INNOVATIVE GRANT CYCLE - THE APPLICATION WAS DUE 9/1/2025, THE AWARDS WERE ANNOUNCED 11-2025, AND PAYMENTS WERE MADE 12-2025. SEVERAL OF THE INNOVATIVE GRANTS WERE MULTI-YEAR. THE OPERATING GRANTS WERE ONLY AWARDED FOR ONE YEAR. 2294658 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 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 1 0 0 0 1 7 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X HEATHER FINNEGAN 2153862984 123 S BROAD ST PHILADELPHIA PA 191091020 HEATHER FINNEGAN EXECUTIVE DIRECTOR 40.00 X 212670 0 17184 BENJAMIN T HOYLE MGA PRESIDENT 1.00 X X 0 0 0 JERRY C JOHNSON MD VICE PRESIDENT 1.00 X X 0 0 0 LARRY DANIELS MBA TREASURER 1.00 X X 0 0 0 THERESE DEVRIES NARZIKUL MBA SECRETARY 1.00 X X 0 0 0 ALEXIS AHIAGBE DIRECTOR 1.00 X 0 0 0 RANDALL J BRAUNFELD MA DIRECTOR 1.00 X 0 0 0 ANNE E CALLAN MPH CPH DIRECTOR 1.00 X 0 0 0 MARGIE DUBROW DIRECTOR 1.00 X 0 0 0 U TARA HAYDEN MHSA DIRECTOR 1.00 X 0 0 0 DAVID NAGEL ESQ DIRECTOR 1.00 X 0 0 0 MICHAEL J WASSIL CPA DIRECTOR 1.00 X 0 0 0 JUSTIN WILLIAMS DIRECTOR 1.00 X 0 0 0 212670 0 17184 1 0 1 0 0 98476 98476 1673979 1673979 34840344 33093061 1747283 1747283 1747283 MISCELLANEOUS REVENUE 900099 162 162 162 3519900 1674141 0 1747283 1886750 1886750 229854 172391 57463 155124 119671 30627 4826 12062 8825 3225 12 10483 7354 3101 28 25736 19829 5624 283 11735 11735 86423 12963 73460 259998 259998 29137 29137 16852 13223 2965 664 8226 5999 1638 589 13259 10560 2559 140 30978 18964 11528 486 5114 5080 34 7695 894 6801 1295 1295 16424 9181 7009 234 DUES & SUBSCRIPTIONS 9603 9603 REPAIRS & MAINTENANCE 3981 2974 931 76 569 569 2821298 2294658 519268 7372 106223 201291 20222 20628 13774 9958 5111 3816 53796728 55747617 4386865 5378732 2018838 2127235 60333987 63479319 82612 39329 1075539 495000 88434 64823 1246585 599152 X 55186383 58818117 3901019 4062050 59087402 62880167 60333987 63479319 X 698602 2961898 132265 X 0 1 X 1 0 X 340478 109433 137279 85493 98476 771159 340478 109433 137279 85493 98476 771159 180916 590243 319536 217710 1675186 1546467 1673979 5432878 6204037 1371173 0.09510 0.14470 X WITHIN THE PAST SEVERAL YEARS, THERE HAVE BEEN DONATIONS IN SMALLER AMOUNTS FROM A NUMBER OF INDIVIDUALS, WHICH HAS RESULTED IN THE RECENT PUBLIC SUPPORT PERCENTAGE FALLING BELOW 33.33%. THE FUNDING WAS SIGNIFICANTLY DIVERSIFIED STILL TO MAINTAIN A SUPPORT PERCENTAGE ABOVE 10.00% IN THE PRECEDING YEAR. THE SARAH RALSTON FOUNDATION SOLD THEIR BUILDING WHICH RESULTED IN LARGE GAIN ON PROCEEDS THAT HAS ALLOWED THE ORGANIZATION TO CONTINUE TO FUND THEIR GRANT PROGRAMMING. THE FOUNDATION CONTINUES TO SOLICIT FUNDS FROM THE GENERAL PUBLIC AND LOCAL COMMUNITY. THEY MAINTAIN A DONATION SOLICITATION ON THEIR WEBSITE. THE FOUNDATION'S BOARD OF DIRECTORS IS REPRESENTED BY A VARIETY OF INTERESTS AND WILL CONTINUE TO SUPPORT THE FOUNDATION IN THE COMMUNITY. THE FOUNDATION ALSO PLANS TO PROVIDE GRANT PROGRAMMING TWO TIMES A YEAR THAT BENEFITS THE GENERAL PUBLIC OF THE OLDER COMMUNITY IN PHILADELPHIA. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 58183593 6123162 3180406 61126349 55882830 5345707 3044954 58183593 10954991 41498782 5081628 1652571 55882830 13597635 -2543844 98800 10954991 12428103 1511532 342000 13597635 0.96732 0.03268 0.00000 0 0 13774 9958 3816 3816 ALTERNATIVE INVESTMENTS 5378732 F 5378732 LEASE LIABILITY 64823 64823 X 6354065 2961898 132265 3094163 3259902 259998 259998 3519900 2561300 0 2561300 259998 259998 2821298 PART V, LINE 4: THE ENDOWMENT FUNDS ARE INTENDED TO BE USED TO DEFRAY A PORTION OF THE FOUNDATION'S OPERATING EXPENSES. PART X, LINE 2: RALSTON HAS REVIEWED THEIR TAX POSITIONS AND HAS CONCLUDED THAT NO LIABILITY FOR UNRECOGNIZED TAX BENEFITS SHOULD BE RECORDED RELATED TO UNCERTAIN TAX POSITIONS TAKEN ON FEDERAL AND STATE TAX RETURNS FOR THE OPEN TAX YEARS (2022- 2024) OR EXPECTED TO BE TAKEN IN THE CURRENT YEAR. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTERESTS IN PERPETUAL TRUSTS 132,265. 1 PENN ASIAN SENIOR SERVICES 6926 OLD YORK RD PHILADELPHIA PA 19126 202643138 501(C)(3) 375000 0 INNOVATIVE PROJECT SUPPORT BROAD STREET LOVE 315 S BROAD STREET PHILADELPHIA PA 19107 202760310 501(C)(3) 190000 0 INNOVATIVE PROJECT SUPPORT GRANT; GENERAL OPERATION SUPPORT GRANT; EMERGENCY FUND SUPPORT CHESTNUT HILL MEALS ON WHEELS 1710 BETHLEHEM PIKE FLOURTOWN PA 19031 264192537 501(C)(3) 105000 0 INNOVATIVE PROJECT SUPPORT GRANT; GENERAL OPERATION SUPPORT GRANT ORDINARIE HEROES 2066 W HUNTING PARK AVE PHILADELPHIA PA 19140 474100206 501(C)(3) 79000 0 INNOVATIVE PROJECT SUPPORT GRANT VISIONLINK 919 WALNUT STREET PHILADELPHIA PA 19107 231370508 501(C)(3) 70000 0 INNOVATIVE PROJECT SUPPORT GRANT; GENERAL OPERATING SUPPORT GRANT URBAN RESOURCES DEVELOPMENT CORPORATION 6001 GERMANTOWN AVENUE PHILADELPHIA PA 19144 232017912 501(C)(3) 165250 0 INNOVATIVE PROJECT SUPPORT GRANT; GENERAL OPERATION SUPPORT GRANT; PARTICIPATION IN PEER COLLABORATION LUNCHEON NORTHERN LIVING CENTER BY NORTH CITY CONGRESS (PCA 827 N FRANKLIN STREET PHILADELPHIA PA 19123 231636636 501(C)(3) 63000 0 GENERAL OPERATION SUPPORT GRANT; EMERGENCY FUND SUPPORT CARING PEOPLE ALLIANCE 123 S BROAD ST STE 2220 PHILADELPHIA PA 19109 231352104 501(C)(3) 55000 0 EMERGENCY FUNDING SUPPORT FACE TO FACE 123 E PRICE ST PHILADELPHIA PA 19144 232862064 501(C)(3) 55000 0 GENERAL OPERATING SUPPORT GRANT; EMERGENCY FUNDING GRANT CENTER IN THE PARK INC 5818 GERMANTOWN AVENUE PHILADELPHIA PA 19144 231919016 501(C)(3) 50500 0 GENERAL OPERATING SUPPORT; STRATEGIC NETWORKING EVENT HONORARIUM LEGAL CLINIC FOR THE DISABLED 1513 RACE STREET PHILADELPHIA PA 19102 232460392 501(C)(3) 50000 0 INNOVATIVE PROJECT SUPPORT GRANT PHILLY HOUSE 1878 302 N 13TH STREET PHILADELPHIA PA 19107 231352558 501(C)(3) 45000 0 INNOVATIVE PROJECT SUPPORT 2ND INSTALLMENT; EMERGENCY FUND SUPPORT; GENERAL OPERATING SUPPORT GRANT LOVE PRAY PEACE PROJECT VETERANS RESIDENCE 5400 WYNDALE AVENUE PHILADELPHIA PA 19131 821915173 501(C)(3) 42000 0 EMERGENCY FUNDING GRANT; GENERAL OPERATING SUPPORT TCG GROCERIES (DBA THE COMMUNITY GROCER) 5917 ELMWOOD AVE PHILADELPHIA PA 19142 881548235 501(C)(3) 35000 0 GENERAL OPERATING SUPPORT GRANT CARIE 1650 ARCH STREET PHILADELPHIA PA 19103 232075900 501(C)(3) 30000 0 GENERAL OPERATION SUPPORT GRANT CATHOLIC HOUSING AND COMMUNITY SERVICES 222 N 17TH ST 3RD FL PHILADELPHIA PA 19103 822320973 501(C)(3) 30000 0 GENERAL OPERATING SUPPORT KLEINLIFE 10100 JAMISON AVENUE PHILADELPHIA PA 19116 270840848 501(C)(3) 30000 0 GENERAL OPERATING SUPPORT GRANT REBUILDING TOGETHER PHILADELPHIA 3001 STOKLEY STREET PHILADELPHIA PA 19129 232549594 501(C)(3) 30000 0 GENERAL OPERATION SUPPORT GRANT PHILADELPHIA AGING PEOPLE IN PRISON HUMAN RIGHTS CAMPAIGN 5818 GERMANTOWN AVENUE PHILADELPHIA PA 19144 832771682 501(C)(3) 29000 0 GENERAL OPERATION SUPPORT GRANT; EMERGENCY FUND SUPPORT NORTHWEST MUTUAL AID COLLECTIVE 5608 BAYNTON STREET PHILADELPHIA PA 19144 862196062 501(C)(3) 25250 0 GENERAL OPERATION SUPPORT GRANT; PARTICIPATION IN PEER COLLABORATION LUNCHEON PHILADELPHIA CORPORATION FOR AGING 642 N BROAD ST PHILADELPHIA PA 191303424 231905649 501(C)(3) 25000 0 GENERAL OPERATING SUPPORT PHILADELPHIA VIP 1500 JOHN F KENNEDY BLVD STE 1850 PHILADELPHIA PA 19102 232210390 501(C)(3) 25000 0 GENERAL OPERATING SUPPORT GRANT CARING FOR FRIENDS 12271 TOWNSEND RD PHILADELPHIA PA 19154 232072722 501(C)(3) 22500 0 GENERAL OPERATING SUPPORT GRANT THE CENTER - PHILADELPHIA 55 N BROAD STREET PHILADELPHIA PA 19107 824814802 501(C)(3) 22500 0 GENERAL OPERATION SUPPORT GRANT UNITARIAN UNIVERSALIST OUTREAH PROGRAM 22 W RITTENHOUSE ST 1ST FL PHILADELPHIA PA 19144 231638192 501(C)(3) 22500 0 GENERAL OPERATION SUPPORT GRANT AFFORDABLE HOUSING CENTERS OF PENNSYLVANIA 846 N BROAD ST 1ST FLOOR PHILADELPHIA PA 19130 222702301 501(C)(3) 20000 0 INNOVATIVE PROJECT SUPPORT 2ND INSTALLMENT; GENERAL OPERATING SUPPORT GRANT CONNECTEDLY 4100 MAIN STREET PHILADELPHIA PA 191271623 222629856 501(C)(3) 20000 0 INNOVATIVE PROJECT SUPPORT 3RD INSTALLMENT; GENERAL OPERATING GRANT ARTZ PHILADELPHIA 1229 CHESTNUT STREET 188 PHILADELPHIA PA 19107 810862996 501(C)(3) 17500 0 INNOVATIVE PROJECT SUPPORT - 2ND INSTALLMENT; GENERAL OPERATING SUPPORT FEDERATION HOUSING INC 8900 ROOSEVELT BLVD PHILADELPHIA PA 19115 231733766 501(C)(3) 15000 0 GENERAL OPERATION SUPPORT GRANT GENERATIONS ON LINE 1017 CLINTON STREET PHILADELPHIA PA 19107 311672565 501(C)(3) 15000 0 INNOVATIVE PROJECT SUPPORT 2ND INSTALLMENT; GENERAL OPERATING GRANT MADLYN AND LEONARD ABRAMSON CENTER FOR JEWISH LIFE 5 SENTRY PARKWAY EAST BLUE BELL PA 19422 232083077 501(C)(3) 15000 0 GENERAL OPERATING SUPPORT PHILADELPHIA LIFE ENRICHMENT CENTER 111 BLUEBERRY LN ELKINS PARK PA 19027 932804709 501(C)(3) 15000 0 GENERAL OPERATING GRANT THE PHILIP JAISOHN MEMORIAL FOUNDATION 6705 OLD YORK ROAD PHILADELPHIA PA 19046 231978566 501(C)(3) 15000 0 GENERAL OPERATING SUPPORT GRANT PENN'S VILLAGE 201 S 21ST STREET PHILADELPHIA PA 19103 421745957 501(C)(3) 10250 0 GENERAL OPERATION SUPPORT GRANT; STRATEGIC NETWORKING EVENT HONORARIUM CENTER FOR EMPOWERED POLITICS EDUCATION FUND 1212 BROADWAY STE 700 OAKLAND CA 94612 843636499 501(C)(3) 10000 0 GENERAL OPERATING SUPPORT GRANT JEFF KORNBLAU PARTNERS FOR PATIENT ADVOCACY JKPPA 610 HARPER AVENUE JENKINTOWN PA 19046 863780434 501(C)(3) 10000 0 GENERAL OPERATING SUPPORT JEWISH RELIEF AGENCY 225 E CITY AVE SUITE 210 BALA CYNWYD PA 19004 262578017 501(C)(3) 10000 0 GENERAL OPERATING GRANT URBAN AFFAIRS COALITION 1211 CHESTNUT STREET PHILADELPHIA PA 19107 237046393 501(C)(3) 10000 0 GENERAL OPERATION SUPPORT GRANT THE BEST DAY OF MY LIFE SO FAR 1717 ARCH ST FL 5 PHILADELPHIA PA 19103 461224786 501(C)(3) 5500 0 GENERAL OPERATING SUPPORT GRANT; PARTICIPATION IN PEER COLLABORATION LUNCHEON; STRATEGIC NETWORKING EVENT HONORARIUM KITHS INTEGRATED & TARGETED HUMAN SERVICES 4923 OLD YORK RD 1ST FLOOR PHILADELPHIA PA 19141 371849042 501(C)(3) 5250 0 GENERAL OPERATION SUPPORT GRANT; PARTICIPATION IN PEER COLLABORATION LUNCHEON 40 PART I, LINE 2: THE FOUNDATION PROVIDES GRANTS FOR GENERAL OPERATING AND INNOVATIVE PROJECT SUPPORT. THE RECIPIENTS MUST MEET REQUIREMENTS FOR ELIGIBILITY AND ARE APPROVED BY A COMMITTEE PRIOR TO AWARD. AFTER AWARD, THE RECIPIENT MUST SUBMIT A FOLLOW UP REPORT AT LEAST ANNUALLY OR AS REQUESTED BY THE FOUNDATION. THE FOUNDATION REVIEWS THE REPORTS TO GAIN INFORMATION ON HOW THE FUNDS WERE USED AND REPORTS BACK TO THE COMMITTEE AND BOARD. X X X X X 0 0 0 0 0 0 0 1 0 HEATHER FINNEGAN EXECUTIVE DIRECTOR 202670 0 10000 0 0 0 0 0 17184 0 229854 0 0 0 PART I, LINE 7 HEATHER FINNEGAN, EXECUTIVE DIRECTOR, RECEIVED A NON-FIXED DISCRETIONARY BONUS OF $10,000. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF ALL OFFICERS AND THE CHAIR OF THE GOVERNANCE COMMITTEE. THE EXECUTIVE COMMITTEE MEETS AS NECESSARY TO HANDLE MATTERS OF SIGNIFICANCE BETWEEN BOARD MEETINGS AND IS EMPOWERED TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 4 DURING 2025, THE ORGANIZATION AMENDED ITS BYLAWS TO REFLECT ITS CURRENT NAME, CLARIFY ITS CHARITABLE AND GRANTMAKING PURPOSES, ESTABLISH ADDITIONAL STANDING COMMITTEES SUPPORTING GRANTMAKING AND DEIA INITIATIVES, REVISE EXECUTIVE COMMITTEE COMPOSITION, AND UPDATE THE EXECUTIVE DIRECTOR ROLE DESCRIPTION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE DRAFT 990 RETURN IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE OF THE BOARD PRIOR TO BEING FILED. AT THE BOARD MEETING FOLLOWING THE FINANCE COMMITTEE MEETING WHERE THE 990 WAS APPROVED, ALL BOARD MEMBERS WILL RECEIVE A COPY BEFORE BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, DIRECTORS, OFFICERS, AND KEY EMPLOYEES COMPLETE AND SIGN CONFLICT OF INTEREST DISCLOSURES. THE FINANCE AND GOVERNANCE COMMITTEES AND THE COMMITTEE CHAIRS REVIEW THE DISCLOSURES AT A BOARD MEETING. THE BOARD DISCUSSES AND DOCUMENTS POTENTIAL CONFLICTS AND DETERMINES ANY APPROPRIATE ACTIONS NECESSARY TO ADDRESS OR MITIGATE SUCH CONFLICTS. THE BOARD IS RESPONSIBLE FOR MONITORING COMPLIANCE WITH AND ENFORCING THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE INDEPENDENT MEMBERS OF THE EXECUTIVE COMMITTEE REVIEW INFORMATION FROM INDEPENDENT SOURCES AND DETERMINE THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE COMPENSATION IS THEN REVIEWED AND APPROVED BY THE FULL BOARD AND DOCUMENTED ANNUALLY IN THE MINUTES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST BY EMAIL OR MAIL AND POSTS THE FORM 990 ON ITS WEBSITE. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT OTHERWISE MADE AVAILABLE TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTERESTS IN PERPETUAL TRUSTS 132,265. RALSTONMERCY DOUGLASS HOUSE 3817 MARKET STREET PHILADELPHIA PA 19104 232927054 HUD 202 HOUSING PA 501(C)(3) LINE 10 THE SARAH RALSTON FOUNDATION 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 SCHEDULE R, PART II: EFFECTIVE FEBRUARY 28, 2025, THE ORGANIZATION TERMINATED ITS CO-SPONSOR RELATIONSHIP WITH RALSTON MERCY-DOUGLASS HOUSE (RMD), RESULTING IN THE DISSOLUTION OF THE RELATED CO-SPONSOR AGREEMENT AND THE ORGANIZATION'S CONTROLLING INTEREST IN RMD.