JACK G BUNCHER CHARITABLE FUND FOR CMU

EIN: 204393107 501(c)(3) Philanthropy & Grantmaking

PITTSBURGH, PA

Total Revenue
$1,242,400
Total Expenses
$1,241,600
Total Assets
$7,667,864
Net Assets
$7,667,864
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
PA
Principal Officer
MARY JO DIVELY
Phone
4122689519
Tax Period
2024-01-01 to 2024-12-31

JACK G BUNCHER CHARITABLE FUND FOR CMU, founded in 2006, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Net assets of $7.7M represent 74 months of operating reserves.

Mission

SUPPORTING ORGANIZATION THAT MAKES GRANTS TO SUPPORT PROGRAMS AND FURTHER THE PURPOSE OF CARNEGIE MELLON UNIVERSITY.

Program Service Accomplishments

Program 1
Expenses: $1,241,600 Revenue: $0

PROVIDES GRANTS TO SUPPORT PROGRAMS AND FURTHER THE PURPOSE OF CARNEGIE MELLON UNIVERSITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $500,000
Program Service Revenue $0
Investment Income $742,400
Other Revenue $0
TOTAL REVENUE $1,242,400

Expense Breakdown

Grants Paid $1,241,600
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,241,600
Other Expenses $0
TOTAL EXPENSES $1,241,600

Year-over-Year Comparison

2024 2023 Change
Revenue $1,242,400 $1,452,400 -0.1%
Expenses $1,241,600 $1,267,200 0.0%
Net Income $800 $185,200 -1.0%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
3
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$1,984,863
Total Directors
7
$1,984,863
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY JO DIVELY PRESIDENT 0.5
Officer Director
$0 $57,305 $897,917
PAMELA EAGER VICE PRESIDENT 0.5
Officer Director
$0 $61,463 $524,985
CARRIE NELSON TREASURER 1.0
Officer Director
$0 $48,397 $363,056
JENNIFER SOBOL SECRETARY 0.25
Officer Director
$0 $45,483 $198,905
THOMAS BALESTRERI DIRECTOR 0.5
Director
$0 $0 $0
JOSEPH JACKOVIC DIRECTOR 1.0
Director
$0 $0 $0
HOWARD RIEGER DIRECTOR 0.25
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,242,400 $1,241,600 $7,667,864 $800
2023 $1,452,400 $1,267,200 $7,617,071 $185,200
2022 $1,082,000 $1,276,000 $7,783,862 $-194,000
2021 $1,368,000 $1,334,000 $7,969,443 $34,000
2020 $944,800 $784,800 $6,591,848 $160,000
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