2025-08-04T10:38:50-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 150 S WARNER ROAD SUITE 310 KING OF PRUSSIA PA 19406 990 2024-01-01 231387107 THE SARAH RALSTON FOUNDATION SARA 2153862984 123 SOUTH BROAD STREET SUITE 2245 PHILADELPHIA PA 19109 HEATHER FINNEGAN EXECUTIVE DIRECTOR 2153862984 2025-07-25 1 0 MALLORY GOOD P01704765 2156433900 2025-07-25 2024 2025-03-06 01:10:19Z LYNETTE KILLEN 123 SOUTH BROAD STREET SUITE 2245 PHILADELPHIA PA 19109 48363775 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 4 16 0 0 137279 85493 11380 0 44539617 4498056 0 0 44688276 4583549 2008250 3591678 0 0 379836 519647 0 0 8357 449420 543007 2837506 4654332 41850770 -70783 58124198 60333987 136601 1246585 57987597 59087402 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 4067415 3591678 85493 THE FOUNDATION RAN TWO GRANT CYCLES. THE FIRST CYCLE WAS AN OPERATING GRANT CYCLE - THE APPLICATION WAS DUE 4/1/2024, THE AWARDS WERE ANNOUNCED 5-2024, AND PAYMENTS MADE 6-2024. TO QUALIFY FOR THIS GRANT, THERE WAS A BUDGET CAP. THE SECOND CYCLE WAS AN INNOVATIVE GRANT CYCLE - THE APPLICATION WAS DUE 9/1/2024, THE AWARDS WERE ANNOUNCED 11-2024, AND PAYMENTS WERE MADE 12-2024. MANY OF THE INNOVATIVE GRANTS WERE MULTI-YEAR. THE OPERATING GRANTS WERE ONLY AWARDED FOR ONE YEAR. 4067415 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 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 1 0 0 0 1 7 0 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X HEATHER FINNEGAN 2153862984 123 S BROAD ST SUITE 2245 PHILADELPHIA PA 19109 LYNETTE M KILLEN EXECUTIVE DIRECTOR 40.00 2.00 X 294077 0 9022 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 294077 0 9022 1 0 1 0 0 85493 85493 1546467 1546467 46731815 43780226 2951589 2951589 2951589 4583549 0 0 4498056 3591678 3591678 303099 227325 75774 169194 133158 31615 4421 3212 2191 1009 12 12967 9480 3474 13 31175 24020 6812 343 12283 12283 78491 78491 253272 253272 21102 16173 4514 415 4809 3891 835 83 11907 8229 1741 1937 18862 10346 8399 117 30839 18964 11389 486 856 646 210 4380 1381 2999 2049 2049 17874 10552 7063 259 RECRUITING 67733 67733 DUES & SUBSCRIPTIONS 15394 7000 8394 REPAIRS & MAINTENANCE 3156 2381 714 61 4654332 4067415 578560 8357 217074 106223 28394 14126 20222 13774 8663 7160 5111 55882840 53796728 4386865 1974604 2018838 58124198 60333987 26787 82612 1075539 109814 88434 136601 1246585 X 54175642 55186383 3811955 3901019 57987597 59087402 58124198 60333987 X -70783 1104014 66574 X 0 1 X 1 0 X 237220 340478 109433 137279 85493 909903 237220 340478 109433 137279 85493 909903 208597 701306 176908 319536 217710 1675186 1546467 3935807 4845710 2165944 0.14470 0.20850 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%. 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 55882830 5345707 3044954 58183593 10954991 41498782 5081628 1652571 55882830 13597635 -2543844 98800 10954991 12428103 1511532 342000 13597635 11264515 1163588 12428103 0.96617 0.03383 0.00000 0 0 13774 8663 5111 5111 ALTERNATIVE INVESTMENTS 4386865 F 4386865 LEASE LIABILITY 88434 88434 X 5500865 1104014 66574 1170588 4330277 253272 253272 4583549 4401060 0 4401060 253272 253272 4654332 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 (2021- 2023) OR EXPECTED TO BE TAKEN IN THE CURRENT YEAR. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTERESTS IN PERPETUAL TRUSTS 66,574. 1 AFFORDABLE HOUSING CENTERS OF PENNSYLVANIA 846 N BROAD ST 1ST FLOOR PHILADELPHIA PA 19130 222702301 501(C)(3) 100000 0 INNOVATIVE PROJECT SUPPORT AFRICAN FAMILY HEALTH ORGANIZATION 5400 GRAYS AVENUE PHILADELPHIA PA 191435823 731670436 501(C)(3) 70000 0 INNOVATIVE PROJECT SUPPORT ARTZ PHILADELPHIA 1229 CHESTNUT STREET 188 PHILADELPHIA PA 19107 810862996 501(C)(3) 105000 0 GENERAL OPERATION SUPPORT AND INNOVATIVE PROJECT SUPPORT GRANTS BROAD STREET MINISTRY PO BOX 22656 PHILADELPHIA PA 19110 202760310 501(C)(3) 50000 0 GENERAL OPERATION SUPPORT GRANT CARIE 1650 ARCH STREET PHILADELPHIA PA 19103 232075900 501(C)(3) 50000 0 GENERAL OPERATION SUPPORT GRANT CARING FOR FRIENDS 12271 TOWNSEND RD PHILADELPHIA PA 19154 232072722 501(C)(3) 60000 0 INNOVATIVE PROJECT SUPPORT CENTER IN THE PARK INC 5818 GERMANTOWN AVENUE PHILADELPHIA PA 19144 231919016 501(C)(3) 110000 0 GENERAL OPERATION SUPPORT AND INNOVATIVE PROJECT SUPPORT GRANTS CHESTNUT HILL MEALS ON WHEELS 1710 BETHLEHEM PIKE FLOURTOWN PA 19031 264192537 501(C)(3) 21600 0 GENERAL OPERATION SUPPORT GRANT CONNECTEDLY 4100 MAIN STREET PHILADELPHIA PA 191271623 222629856 501(C)(3) 150000 0 INNOVATIVE PROJECT SUPPORT - 2ND INSTALLMENT AND GENERAL OPERATION SUPPORT GRANT COUNCIL FOR RELATIONSHIPS 4025 CHESTNUT STREET 1ST FLOOR PHILADELPHIA PA 19104 236297362 501(C)(3) 75000 0 INNOVATIVE PROJECT SUPPORT - 2ND INSTALLMENT DEPAUL USA INC 14 EAST JACKSON BOULEVARD SUITE 1210 CHICAGO IL 60690 352338110 501(C)(3) 27000 0 INNOVATIVE PROJECT SUPPORT EPISCOPAL COMMUNITY SERVICES 225 S 3RD STREET PHILADELPHIA PA 19106 231352290 501(C)(3) 105000 0 INNOVATIVE PROJECT SUPPORT FACE TO FACE FACE TO FACE PHILADELPHIA PA 19144 232862064 501(C)(3) 95000 0 INNOVATIVE PROJECT SUPPORT - 2ND INSTALLMENT AND GENERAL OPERATION SUPPORT GRANT FEAST OF JUSTICE MINISTRIES 3101 TYSON AVE PHILADELPHIA PA 19149 260392596 501(C)(3) 25000 0 INNOVATIVE PROJECT SUPPORT - 2ND INSTALLMENT GENERATIONS ON LINE 1017 CLINTON STREET PHILADELPHIA PA 19107 311672565 501(C)(3) 125000 0 GENERAL OPERATION SUPPORT AND INNOVATIVE PROJECT SUPPORT GRANTS HEALTH FEDERATION OF PHILADELPHIA 123 S BROAD ST PHILADELPHIA PA 19109 232244355 501(C)(3) 250000 0 INNOVATIVE PROJECT SUPPORT - 2ND INSTALLMENT INGLIS COMMUNITY SERVICES 2600 BELMONT AVE PHILADELPHIA PA 19131 231875249 501(C)(3) 75000 0 INNOVATIVE PROJECT SUPPORT - 2ND INSTALLMENT INTERCOMMUNITY ACTION INC 6122 RIDGE AVENUE PHILADELPHIA PA 19128 231875249 501(C)(3) 100000 0 INNOVATIVE PROJECT SUPPORT - 2ND INSTALLMENT JEWISH FAMILY AND CHILDRENS SERVICE OF GREATER PHILADELPHIA 345 MONTGOMERY AVE BALA CYNWYD PA 19004 231352026 501(C)(3) 90000 0 INNOVATIVE PROJECT SUPPORT - 2ND INSTALLMENT KLEINLIFE 10100 JAMISON AVENUE PHILADELPHIA PA 19116 270840848 501(C)(3) 40000 0 GENERAL OPERATION SUPPORT GRANT LOVE PRAY PEACE PROJECT VETERANS RESIDENCE 5400 WYNDALE AVENUE PHILADELPHIA PA 19131 821915173 501(C)(3) 25000 0 GENERAL OPERATION SUPPORT GRANT LUTHERAN SETTLEMENT HOUSE 1340 FRANKFORD AVE PHILADELPHIA PA 19125 231352365 501(C)(3) 100000 0 INNOVATIVE PROJECT SUPPORT - 2ND INSTALLMENT MADLYN AND LEONARD ABRAMSON CENTER FOR JEWISH LIFE 5 SENTRY PARKWAY EAST BLUE BELL PA 19422 232083077 501(C)(3) 50000 0 INNOVATIVE PROJECT SUPPORT - 2ND INSTALLMENT MASJID AL-WASATIYAH 5727 HOFFMAN AVE PHILADELPHIA PA 19143 800556307 501(C)(3) 15000 0 GENERAL OPERATION SUPPORT GRANT MAZZONI CENTER 1348 BAINBRIDGE STREET PHILADELPHIA PA 19147 232176338 501(C)(3) 60000 0 INNOVATIVE PROJECT SUPPORT MORIVIVI LATINO CANCER SUPPORT GROUP 9200 BUSTLETON AVENUE PHILADELPHIA PA 19115 833430346 501(C)(3) 7500 0 GENERAL OPERATION SUPPORT GRANT NEW LIFE UNITED BRETHREN IN CHRIST CHURCH 5901 LARCHWOOD AVENUE PHILADELPHIA PA 19143 460970551 501(C)(3) 10000 0 GENERAL OPERATION SUPPORT GRANT NORTHERN LIVING CENTER BY NORTH CITY CONGRESS (PCA 827 N FRANKLIN STREET PHILADELPHIA PA 19123 231636636 501(C)(3) 50000 0 GENERAL OPERATION SUPPORT GRANT NORTHWEST COMMUNITY COURT PROGRAM 2334 W HUNTING PARK AVE PHILADELPHIA PA 19140 873960730 501(C)(3) 7500 0 GENERAL OPERATION SUPPORT GRANT NORTHWEST MUTUAL AID COLLECTIVE 5608 BAYNTON STREET PHILADELPHIA PA 19144 862196062 501(C)(3) 30000 0 GENERAL OPERATION SUPPORT GRANT OVERBROOK WEST NEIGHBORS - OWN 6027 CLIFFORD TERRACE PHILADELPHIA PA 19152 824449937 501(C)(3) 150000 0 INNOVATIVE PROJECT SUPPORT PARAPROFESSIONAL TRAINING INSTITUTE 1500 WALNUT STREET SUITE 1000 PHILADELPHIA PA 19102 882361415 501(C)(3) 50000 0 INNOVATIVE PROJECT SUPPORT PATHWAYS TO HOUSING PA 5201 OLD YORK ROAD FOURTH FLOOR PHILADELPHIA PA 19141 133686794 501(C)(3) 121078 0 INNOVATIVE PROJECT SUPPORT PENN'S VILLAGE 201 S 21ST STREET PHILADELPHIA PA 19103 421745957 501(C)(3) 15000 0 GENERAL OPERATION SUPPORT GRANT PHILADELPHIA AGING PEOPLE IN PRISON HUMAN RIGHTS CAMPAIGN 5818 GERMANTOWN AVENUE PHILADELPHIA PA 19144 832771682 501(C)(3) 10000 0 GENERAL OPERATION SUPPORT GRANT PHILADELPHIA CHINATOWN DEVELOPMENT CORPORATION 301 N 9TH STREET PHILADELPHIA PA 19107 237439723 501(C)(3) 150000 0 INNOVATIVE PROJECT SUPPORT PHILADELPHIA CORPORATION FOR AGING 642 N BROAD ST PHILADELPHIA PA 191303424 231905649 501(C)(3) 60000 0 INNOVATIVE PROJECT SUPPORT - 2ND INSTALLMENT PHILADELPHIA VIP 1500 JOHN F KENNEDY BLVD STE 1850 PHILADELPHIA PA 19102 232210390 501(C)(3) 25000 0 GENERAL OPERATION SUPPORT GRANT PHILLY HOUSE 1878 302 N 13TH STREET PHILADELPHIA PA 19107 231352558 501(C)(3) 150000 0 INNOVATIVE PROJECT SUPPORT REBUILDING TOGETHER PHILADELPHIA 3001 STOKLEY STREET PHILADELPHIA PA 19129 232549594 501(C)(3) 50000 0 GENERAL OPERATION SUPPORT GRANT SAINT JOSEPH'S UNIVERSITY 5600 CITY AVENUE PHILADELPHIA PA 19131 231352674 501(C)(3) 25000 0 INNOVATIVE PROJECT SUPPORT SEAMAAC INC 1711 S BROAD ST PHILADELPHIA PA 19148 222541120 501(C)(3) 37000 0 INNOVATIVE PROJECT SUPPORT SENIORLAW CENTER 1650 ARCH STREET PHILADELPHIA PA 19103 232169936 501(C)(3) 150000 0 INNOVATIVE PROJECT SUPPORT STUDENTS CARE INC 10840 SOUTHWEST 113TH PLACE MIAMI FL 33176 463644602 501(C)(3) 10000 0 GENERAL OPERATION SUPPORT GRANT THE CENTER - PHILADELPHIA 55 N BROAD STREET PHILADELPHIA PA 19107 824814802 501(C)(3) 20000 0 GENERAL OPERATION SUPPORT GRANT THE PHILIP JAISOHN MEMORIAL FOUNDATION 6705 OLD YORK ROAD PHILADELPHIA PA 19046 231978566 501(C)(3) 25000 0 GENERAL OPERATION SUPPORT GRANT TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA OFFICE OF RESEARCH SERVICES 3451 WALNUT ST 5TH FLOOR FRANKLIN BLDG PHILADELPHIA PA 19104 231352685 501(C)(3) 50000 0 INNOVATIVE PROJECT SUPPORT - 2ND INSTALLMENT UNITARIAN UNIVERSALIST OUTREAH PROGRAM 22 W RITTENHOUSE ST 1ST FL PHILADELPHIA PA 19144 231638192 501(C)(3) 25000 0 GENERAL OPERATION SUPPORT GRANT URBAN AFFAIRS COALITION 1211 CHESTNUT STREET PHILADELPHIA PA 19107 237046393 501(C)(3) 15000 0 GENERAL OPERATION SUPPORT GRANT URBAN RESOURCES DEVELOPMENT CORPORATION 6001 GERMANTOWN AVENUE PHILADELPHIA PA 19144 232017912 501(C)(3) 20000 0 GENERAL OPERATION SUPPORT GRANT VISIONLINK 919 WALNUT STREET PHILADELPHIA PA 19107 231370508 501(C)(3) 75000 0 GENERAL OPERATION SUPPORT GRANT WIDENER UNIVERSITY 1 UNIVERSITY PLACE CHESTER PA 19013 231386178 501(C)(3) 150000 0 INNOVATIVE PROJECT SUPPORT WILLIAM WAY LGBT COMMUNITY CENTER 1315 SPRUCE STREET PHILADELPHIA PA 19107 237429170 501(C)(3) 120000 0 INNOVATIVE PROJECT SUPPORT 53 0 PART I, LINE 2: THE FOUNDATION PROVIDES GRANTS FOR GENERAL OPERATING AND SUPPORT INNOVATIVE. 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 INFORM TO GAIN INFORMATION ON HOW THE FUNDS WERE USED AND REPORTS BACK TO THE COMMITTEE AND BOARD. X X X X X 1 0 0 0 0 0 0 0 0 LYNETTE M KILLEN EXECUTIVE DIRECTOR 205944 0 0 0 88133 0 8660 0 362 0 303099 0 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE REVIEWS AVAILABLE SURVEYS AND ALSO CONFERS WITH PAYCHEX, THE HR CONSULTANT FOR THE FOUNDATION. PART I, LINE 4A LYNETTE KILLEN, EXECUTIVE DIRECTOR, RECEIVED A SEVERANCE PAYMENT OF $88,133. 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 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 CONFLICT OF INTEREST STATEMENTS ARE REVIEWED BY THE FINANCE AND GOVERNANCE COMMITTEES AND THE COMMITTEE CHAIRS REVIEW CONFLICTS AT A BOARD MEETING. THE DISCUSSION IS DOCUMENTED AND INDIVIDUALS WITH A RECOGNIZED CONFLICT ARE INFORMED OF STEPS THEY MUST TAKE TO AVOID A CONFLICT. IT IS THE RESPONSIBILITY OF THE BOARD TO DETERMINE AND ENFORCE A POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS INFORMATION FROM INDEPENDENT SOURCES AND DETERMINES 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 2024. FORM 990, PART VI, SECTION C, LINE 19 COPY OF FORM 990 CAN BE OBTAINED BY EMAIL OR REGULAR MAIL UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTERESTS IN PERPETUAL TRUSTS 66,574. RALSTONMERCY DOUGLASS HOUSE 3817 MARKET ST PHILADELPHIA PA 19104 232927054 HUD 202 HOUSING PA 501(C)(3) LINE 10 THE SARAH RALSTON FOUNDATION 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0