2025-04-11T17:32:38-05:00 2024-06-30 251031405 MCGILL POWER BELL & ASSOC LLP 10 WOODLAND CENTER DRIVE GROVE CITY PA 16127 990 2023-07-01 251738322 BETHESDA FOUNDATION FOR CHILDREN BETH 8147247510 15487 STATE ROUTE 86 MEADVILLE PA 16335 TERRY DANKO TREASURER 8147247510 2025-04-03 1 0 BRUCE A LAWRENCE P01329574 7244587490 2023 2025-03-06 01:10:19Z GEORGE TRAUNER 15487 STATE ROUTE 86 MEADVILLE PA 16335 5712833 0 X WWW.BETHESDA1919.ORG X 1994 PA TO EMPOWER BETHESDA CHILDREN'S HOME AND TO ENRICH THE LIVES OF CHILDREN AND THEIR FAMILIES. 13 13 0 20 0 0 994524 324191 1212262 1469359 58827 312134 -31579 -16158 2234034 2089526 36094 11332 0 0 0 0 0 0 163428 1427530 1762716 1463624 1774048 770410 315478 17979984 19524004 8740116 9436668 9239868 10087336 BETHESDA FOUNDATION FOR CHILDREN WAS ESTABLISHED IN 1994 FOR THE PURPOSE OF RAISING AND MANAGING FUNDS TO SUPPORT THE SERVICES AND PROGRAMS OFFERED BY BETHESDA LUTHERAN SERVICES. 0 0 1403825 11332 1508628 TO PROVIDE A PROMISING FUTURE FOR EVERY CHILD. 1403825 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 9 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 PA X CHAD DICKSON 8147247510 15487 STATE ROUTE 86 MEADVILLE PA 16335 BRAD WHITMAN JR VICE CHAIRPERSON 2.00 X X 0 0 0 JENN WINCHESTER CHAIRPERSON 2.00 X X 0 0 0 DAN BUREK DIRECTOR 2.00 X 0 0 0 LARRY FRITZ DIRECTOR 2.00 X 0 0 0 TERRY DANKO TREASURER 2.00 X X 0 0 0 RACHELLE FRITZ DIRECTOR 2.00 X 0 0 0 MARLENE JENKINS DIRECTOR 2.00 X 0 0 0 MARK J ZIELINSKI DIRECTOR 2.00 X 0 0 0 ANNA ZOE RACHOCKI DIRECTOR 2.00 X 0 0 0 MARK SMITH DIRECTOR 2.00 X 0 0 0 DOUG MASSEY DIRECTOR 2.00 X 0 0 0 KI KIM DIRECTOR 2.00 X 0 0 0 JOE JELINEK DIRECTOR 2.00 X 0 0 0 GEORGE R TRAUNER CEO 1.00 40.00 X 0 219011 0 JERRAD RIMEL CHIEF OPERATIONS OFFICER 1.00 40.00 X 0 123033 0 0 342044 0 0 0 1 0 CONSTRUCTION SERVICES OF PA LLC 15180 UNION LEBOEUF RD UNION CITY PA 16438 CONSTRUCTION SERVICES 857167 1 126876 197315 324191 GROUP HOME RENTAL INCOME 531110 1428552 1428552 TRINITY CENTER AND OTHER 531110 40807 40807 1469359 205682 205682 1915 1915 3654837 17580 3565965 0 88872 17580 106452 106452 0 126876 57342 -57342 -57342 OTHER REVENUE 900099 39269 39269 39269 2089526 1508628 0 256707 3000 3000 8332 8332 102281 102281 2418 2418 6700 6700 50755 50755 61039 6608 54431 49278 49278 37777 34591 3186 114979 114979 3127 1892 1235 12768 12768 182433 182433 1069799 1069799 MISCELLANEOUS 38480 7664 6400 24416 DUES 16882 16882 EDUCATION FUNDS EXPENSE 14000 14000 1774048 1403825 206795 163428 550102 78559 66145 320078 733474 33977 17493587 6310453 10921712 11183134 4318201 6450167 271045 295123 1119305 1162966 17979984 19524004 2672156 3598366 14984 15484 6052976 5822818 8740116 9436668 X 7931377 9473281 1308491 614055 9239868 10087336 17979984 19524004 X 315478 286934 -67319 312375 X X 0 1 X 1 0 X 385685 214517 352723 994524 324191 2271640 692732 861429 1144729 1212261 1469359 5380510 1078417 1075946 1497452 2206785 1793550 7652150 0 0 0 7652150 26436 17631 48963 90045 207597 390672 26436 17631 48963 90045 207597 390672 13538 62329 166012 -44977 88872 285774 1118391 1155906 1712427 2251853 2090019 8328596 0.91880 0.94600 0.04690 0.02650 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: ENDOWMENT REALIZED GAINS/LOSSES - 2019 AMOUNT: $ 13,538. 2020 AMOUNT: $ 62,329. 2021 AMOUNT: $ 166,012. 2022 AMOUNT: $ -44,977. 2023 AMOUNT: $ 88,872. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 271045 404 29513 2914 2926 295122 266314 841 17337 10539 2908 271045 298274 1429 -19377 9917 4095 266314 237219 68189 3423 3711 298274 240510 1366 2095 4097 2655 237219 0 0 58759 58759 15420106 5381486 10038620 424735 270623 154112 1589987 658344 931643 11183134 BENEFICIAL INTERESTS IN PERPERTUAL TRUSTS 614055 VALUATION OF DERIVATIVE INSTRUMENT 548911 1162966 X 2433800 286934 286934 2146866 -57340 -57340 2089526 1831388 57340 57340 1774048 0 1774048 PART X, LINE 2: THE FOUNDATION QUALIFIES AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, INCOME TAX EXPENSE IS LIMITED TO ACTIVITIES THAT ARE DEEMED BY THE INTERNAL REVENUE SERVICE TO BE UNRELATED TO THEIR EXEMPT PURPOSE. INTEREST AND PENALTIES RELATED TO INCOME TAX REPORTING ARE RECOGNIZED WHEN INCURRED AND ARE INCLUDED IN MANAGEMENT AND GENERAL EXPENSES ON THE STATEMENT OF ACTIVITIES AND CHANGE IN NET ASSETS. MANAGEMENT HAS DETERMINED THE FOUNDATION HAD NO ACTIVITIES SUBJECT TO UNRELATED BUSINESS INCOME TAX (UBIT) DURING THE YEAR ENDED JUNE 30, 2024. THE FOUNDATION HAS NOT BEEN SUBJECT TO ANY INCOME TAX PENALTIES OR INTEREST FOR ALL OPEN TAX YEARS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES -57,340. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 57,340. SCHOLARSHIP GALA 38946 38946 259 333 10191 1445 1204 GOLF OUTING 36320 36320 1792 4500 4825 1630 3 51610 51610 1290 2940 8804 1400 16729 126876 126876 3341 7773 23820 2845 19563 57342 -57342 1 SCHOLARSHIPS 2 8332 PART I, LINE 2: POTENTIAL RECIPIENTS COMPLETE AN APPLICATION PROCESS. THE ORGANIZATION REVIEWS THE APPLICATIONS AND SENDS CHECKS TO THE INSTITUTES OF HIGHER EDUCATION, OR UTILITY PROVIDER IF UTILITY ASSISTANCE IS REQUESTED, FOR THE SELECTED INDIVIDUALS. X X X 0 0 0 0 0 0 0 0 0 GEORGE R TRAUNER CEO 0 219011 0 0 0 0 0 0 0 0 0 219011 0 0 DAN BUREK DIRECTOR 857167 OWNER OF CONSTRUCTION SERVICES OF PENNSYLVANIA 0 FORM 990, PART VI, SECTION A, LINE 2 LARRY FRITZ AND RACHELLE FRITZ ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS ESTABLISHES THE COMPENSATION PACKAGE FOR THE CEO BY USING COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY WRITTEN REQUEST OF THE CHIEF EXECUTIVE OFFICER. FORM 990, PART XI, LINE 9: TRANSFER OF ASSETS FROM BETHESDA HOME 312,375. FORM 990, PART XII, LINE 2C THE FINANCE COMMITTEE ASSUMES THE ROLE OF SELECTING THE INDEPENDENT AUDITOR AND REVIEWING THE FINANCIAL STATEMENTS WITH THEM. BETHESDA CHILDREN'S HOME 15487 STATE ROUTE 86 MEADVILLE PA 16335 250989246 RESIDENTIAL / GROUP HOMES AND TREATMENT FOR DELINQUENT YOUTH PA 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 BETHESDA CHILDREN'S HOME J 1436352 BOOK VALUE BETHESDA CHILDREN'S HOME O 179004 BOOK VALUE BETHESDA CHILDREN'S HOME S 312375 NET BOOK VALUE