Organizations Filed Purposes:
THE PRIMARY MISSION OF THE DIETRICH FOUNDATION (THE "FOUNDATION") IS TO BENEFIT HIGHER EDUCATION, PRIMARILY IN THE GREATER PITTSBURGH, PENNSYLVANIA AREA, BY PROVIDING ONGOING AND INCREASING FINANCIAL SUPPORT TO CARNEGIE MELLON UNIVERSITY, THE UNIVERSITY OF PITTSBURGH, THIEL COLLEGE, PRINCETON UNIVERSITY, DUQUESNE UNIVERSITY, AND CHATHAM UNIVERSITY. THE FOUNDATION SHALL ALSO FURTHER CHARITABLE PURPOSES IN WESTERN PENNSYLVANIA BY PROVIDING ONGOING AND INCREASING FINANCIAL SUPPORT TO OTHER ORGANIZATIONS. SEE SCHEDULE A, PART I, FOR A COMPLETE LIST OF SUPPORTED ORGANIZATIONS.
TO BENEFIT HIGHER EDUCATION AND OTHER CHARITABLE PURPOSES BY PROVIDING ONGOING AND INCREASING FINANCIAL SUPPORT TO 13 SUPPORTED ORGANIZATIONS.
PER THE DECLARATION OF TRUST DATED AUGUST 23, 2011 OF WILLIAM S. DIETRICH II REVOCABLE TRUST AND THE DIETRICH FOUNDATION (THE "TRUST"), THE FOUNDATION DISTRIBUTES ANNUALLY, OR MORE FREQUENTLY, AN AMOUNT FROM NET INCOME EQUAL TO SUBSTANTIALLY ALL (AT LEAST 85%) OF ITS ANNUAL NET INCOME (AS DEFINED IN THE TRUST). IN THE EVENT THAT THE TOTAL AMOUNT DISTRIBUTED ANNUALLY UNDER THIS REQUIREMENT SHOULD CONSISTENTLY FALL BELOW A RATE OF 3%, THE ANNUAL DISTRIBUTION AMOUNT WILL APPROXIMATE 3% OF THE FAIR VALUE OF THE FOUNDATION'S ASSETS (NET OF ACQUISITION INDEBTEDNESS) AS DETERMINED ON JANUARY 1 OF EACH YEAR. IN MAY 2019, THE FOUNDATION MADE ITS ANNUAL DISTRIBUTION TO ITS SUPPORTED ORGANIZATIONS EQUAL TO 3.0% OF NET ASSETS AS CALCULATED AT JANUARY 1, 2018.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Edward J Grefenstette | COMMUNITY TRUSTEE, PRESIDE | 40 | $1,298,587 |
| Ryan L Vaccaro | INVESTMENT MANAGER | 40 | $416,507 |
| Matthew W Rozyczka | INVESTMENT MANAGER | 40 | $406,507 |
| Lee S Tilghman | SR. INVESTMENT ANALYST | 40 | $344,022 |
| Nancy A Watson | VICE PRESIDENT OF FINANCE | 40 | $210,881 |
| Mark J Laskow | COMMUNITY TRUSTEE/CHAIRMAN | 1 | $30,000 |
| Susan Traverso | EDUCATIONAL TRUSTEE | 1 | $15,000 |
| Farnam Jahanian | EDUCATIONAL TRUSTEE | 1 | $15,000 |
| Patrick Gallagher | EDUCATIONAL TRUSTEE | 1 | $15,000 |
| G Nicholas Beckwith Iii | COMMUNITY TRUSTEE | 1 | $15,000 |
| Eric C Johnson | EDUCATIONAL TRUSTEE | 1 | $15,000 |
| James E Rohr | EDUCATIONAL TRUSTEE | 1 | $15,000 |
| Anne Dietrich Diemer | COMMUNITY TRUSTEE | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202013189349302461_public.xml