Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
BUHL REGIONAL HEALTH FOUNDATION
FKA SHARON REGIONAL HEALTH FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)1955 SHENANGO VALLEY FREEWAY
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HERMITAGE, PA16148
A Employer identification number

45-5247666
B Telephone number (see instructions)

(724) 301-3645
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$49,469,834
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 513,809 513,809  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -386,670
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 7,515 0  
12 Total. Add lines 1 through 11........ 134,654 513,809  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 101,708 10,171   91,537
14 Other employee salaries and wages...... 207,002 0   207,002
15 Pension plans, employee benefits....... 73,573 0   73,573
16a Legal fees (attach schedule)......... 1,357 0   1,357
b Accounting fees (attach schedule)....... 41,894 0   41,894
c Other professional fees (attach schedule).... 267,285 182,524   84,761
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 99,235 0   27,340
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 42,736 0   42,736
21 Travel, conferences, and meetings....... 180 0   180
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 545,170 0   545,170
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,380,140 192,695   1,115,550
25 Contributions, gifts, grants paid....... 1,377,685 1,377,685
26 Total expenses and disbursements. Add lines 24 and 25 2,757,825 192,695   2,493,235
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,623,171
b Net investment income (if negative, enter -0-) 321,114
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 2,015,327 1,076,691 1,076,691
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow445,000
Less: allowance for doubtful accounts right arrow   7,515 445,000 445,000
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 2,500    
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 45,870,309 Click to see attachment
List of Attached Documents:
// Content
44,197,273
47,948,143
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 47,895,651 45,718,964 49,469,834
Liabilities 17 Accounts payable and accrued expenses.......... 14,057 20,344
18 Grants payable................. 543,718 543,718
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 557,775 564,062
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 46,797,395 44,681,877
25 Net assets with donor restrictions............ 540,481 473,025
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 47,337,876 45,154,902
30 Total liabilities and net assets/fund balances (see instructions). 47,895,651 45,718,964
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
47,337,876
2
Enter amount from Part I, line 27a .....................
2
-2,623,171
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
440,197
4
Add lines 1, 2, and 3 ..........................
4
45,154,902
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
45,154,902
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a SALES ON INVESTMENT P    
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a     386,670 -386,670
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       -386,670
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 -386,670
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 4,463
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 4,463
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 4,463
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 24,193
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 24,193
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 19,730
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow19,730 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
 
No
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowPA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowBUHLREGIONALHEALTHFOUNDATION.ORG
14
The books are in care ofright arrowJENNIFER BARBORAK Telephone no.right arrow (724) 977-5856

Located atright arrow1955 SHENANGO VALLEY FREEWAYHERMITAGEPA ZIP+4right arrow16148
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position
(c) Compensation
(If not paid, enter
-0-)
(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ANGELA PALUMBO CHAIR
1.00
0 0 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
JAMES FEENEY VICE CHAIR/TREASURER
1.00
0 0 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
AUTUMN JOHNSON SECRETARY
1.00
0 0 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
JOANNE BISSON DIRECTOR
1.00
0 0 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
MARY ANN DANIELS DIRECTOR
1.00
0 0 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
WILLIAM DUNGEE DIRECTOR
1.00
0 0 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
MARK FERRARA DIRECTOR
1.00
0 0 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
GEORGE GARROW DIRECTOR
1.00
0 0 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
JOHN HUDSON DIRECTOR
1.00
0 0 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
LEW KACHULIS DIRECTOR
1.00
0 0 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
LIZETTE OLSEN DIRECTOR
1.00
0 0 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
RILEY SMOOT DIRECTOR
1.00
0 0 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
MARY KATHERINE STERNTHAL DIRECTOR
1.00
0 0 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
MICHAEL WRIGHT DIRECTOR
1.00
0 0 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
JENNIFER BARBORAK EXECUTIVE DIRECTOR
40.00
101,708 24,056 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position
(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation
(e) Expense account,
other allowances
KIMBERLY PORSCH DIRECTOR OF GRANTMAK
40.00
83,578 12,514 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
KATERI LINN DIRECTOR OF PROGRAMM
40.00
62,150 21,471 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
JESSICA WILLIAMS EXECUTIVE TEAM ASSIS
40.00
53,382 11,725 0
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16148
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
GV ADVISORY LLC DATA ADVISORY 67,592
515A LEXINGTON AVENUE 1
BROOKLYN,NY11221
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
45,886,831
b
Average of monthly cash balances.......................
1b
1,493,613
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
47,380,444
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
47,380,444
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
710,707
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
46,669,737
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,333,487
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
2,333,487
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
4,463
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
4,463
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,329,024
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,329,024
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,329,024
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,493,235
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,493,235
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2022
(c)
2022
(d)
2023
1 Distributable amount for 2023 from Part X, line 7 2,329,024
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 1,778
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,493,235
a Applied to 2022, but not more than line 2a 1,778
b Applied to undistributed income of prior years
(Election required—see instructions).....
0
c Treated as distributions out of corpus (Election
required—see instructions)........
0
d Applied to 2023 distributable amount..... 2,329,024
e Remaining amount distributed out of corpus 162,433
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 162,433
b Prior years’ undistributed income. Subtract
line 4b from line 2b ..........
0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed......
0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ...........
0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 ..........
0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) .......
0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ...
0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ......
162,433
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 162,433
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed ..........
Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed .....
         
d Amounts included in line 2c not used directly
for active conduct of exempt activities ..........
         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c ....
         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)
         
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed ..
         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) ....
         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)....
         
(3) Largest amount of support
from an exempt organization
         
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
KIMBERLY PORSCH
1955 SHENANGO VALLEY FREEWAY
HERMITAGE,PA16145
(724) 301-3645
KIMBERLY@BUHLRHF.ORG
bThe form in which applications should be submitted and information and materials they should include:
THE FOUNDATION ISSUES REQUESTS FOR PROPOSALS AT LEAST ONCE A YEAR. IN RESPONSE, ORGANIZATIONS ENTER THE GRANTS PORTAL AND ANSWER ELIGIBILITY QUESTIONS. A COMMITTEE THEN DETERMINES THE ORGANIZATIONS WHO MAY SUBMIT A FULL PROPOSAL. FULL PROPOSAL INCLUDES ADDITIONAL QUESTIONS. FUNDING IS DETERMINED BY A GRANT COMMITTEE.
cAny submission deadlines:
SUBMISSION DEADLINES ARE DETERMINED BY THE GRANT COMMITTEE.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
-APPLICANTS MUST BE A TAX EXEMPT, NON-PROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. APPLICANTS MUST BE LOCATED WITHIN MERCER COUNTY, PA. -FAITH-BASED ORGANIZATIONS MUST WELCOME ALL FAITHS AND PARTICIPATION IN RELIGIOUS ACTIVITY PARTICIPATION MUST BE CLEARLY DEFINED AS OPTIONAL. -APPLICANT'S EFFORTS MUST SERVE INDIVIDUALS, AGED 18 AND UNDER, WHO RESIDE IN MERCER COUNTY, PA. -PREVIOUS GRANTEES OF BRHF MUST HAVE FULFILLED THE REQUIRED 18 MONTH WAITING PERIOD FROM THEIR LAST GRANT AWARD AND ALL PREVIOUS GRANTS MUST BE CLOSED (ALL GRANT REPORTING COMPLETED AND ANY UNUSED FUNDS RETURNED).
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
aPaid during the year

BUHL PARK CORPORATION

715 HAZEN ROAD
HERMITAGE,PA16148
N/A 501(C)(3) COMMUNITY PARTNERSHIP FOR GENERAL OPERATING EXPENSES AND BUHL DAY DONATION TO ASSIST WITH COST RELATED TO TRANSPORTATION OF INDIVIDUALS WITH A HANDICAP DURING THE EVENT 26,000

BUILDING BLOCKS CHILD CENTER INC

4075 LAMOR ROAD
HERMITAGE,PA16148
N/A 501(C)(3) TRAIN PRESCHOOL STAFF IN THE SOCIAL EMOTIONAL CURRICULUM OF PATHS (PROMOTING ALTERNATIVE THINKING STRATEGIES), TRAIN ALL STAFF IN PBIS (POSITIVE BEHAVIORAL INTERVENTION SUPPORT). CREATE TWO SOCIAL EMOTIONAL LENDING LIBRARIES. AND IMPLEMENT GARDEN TO CLASSROOM: START, MAINTAIN, AND HARVEST A GARDEN, WHICH WILL RECUR EACH YEAR. WE WILL ENHANCE OUR ALREADY NATURAL PLAYGROUND WITH A GARDEN FOR OUR STUDENTS AND FAMILIES AS WELL AS AN AREA TO RUN, PLAY, AND EXERCISE. 16,000

CHILDREN'S AID SOCIETY OF MERCER COUNTY

350 W MARKET STREET
MERCER,PA16137
N/A 501(C)(3) OUTDOOR PLAY AREA ENHANCEMENTS 37,500

COASTAL CAROLINA UNIVERSITY

100 CHANTICLEER DR E
CONWAY,SC29528
N/A 501(C)(3) SCHOLARSHIP 5,000

COMMUNITY ACTION PARTNERSHIP OF MERCER COUNTY

75 SOUTH DOCK STREET
SHARON,PA16146
N/A 501(C)(3) VETERANS STAND DOWN EVENT 1,000

COMMUNITY FOOD WAREHOUSE OF MERCER COUNTY

109 SOUTH SHARPSVILLE AVENUE SUITE
A
SHARON,PA16146
N/A 501(C)(3) BACKPACK PROGRAM 2023 65,000

COMMUNITY FOUNDATION OF W PA AND E OHIO

7 WEST STATE STREET
SHARON,PA16146
N/A 501(C)(3) DRS. CAROLYN AND MARIANN CLEMENZA SCHOLARSHIP FUND 1,000

DUQUESNE UNIVERSITY

600 FORBES AVE
PITTSBURGH,PA15282
N/A 501(C)(3) SCHOLARSHIP 10,000

FOCUSING PHILANTHROPY

1637 16TH STREET
SANTA MONICA,CA90404
N/A 501(C)(3) VISION TO LEARN - EYEGLASSES/EXAMS FOR STUDENTS IN MERCER COUNTY 45,000

GROVE CITY COLLEGE

100 CAMPUS DRIVE
GROVE CITY,PA16127
N/A 501(C)(3) SCHOLARSHIP 5,000

HELPING HANDS HOSPICE

2962 EAST STATE STREET
HERMITAGE,PA16148
N/A 501(C)(3) GENERAL SUPPORT 250

HERMITAGE SCHOOL DISTRICT

411 NORTH HERMITAGE ROAD
HERMITAGE,PA16148
N/A 501(C)(3) THE COSTS RELATED TO CERTIFYING ALL HICKORY HIGH SCHOOL SENIORS IN CPR ARE THE CPR INSTRUCTION COURSE, INFANT AND ADULT INSTRUCTOR KITS AND MOUTH GUARD KITS. 3,910

HOPE CENTER FOR ARTS & TECHNOLOGY INC

115 ANSON WAY
SHARON,PA16146
N/A 501(C)(3) DEVELOPMENT OF EMT & PARAMEDIC TRAINING PROGRAM 15,000

LIBERTY UNIVERSITY

1971 UNIVERSITY BLVD
LYNCHBURG,VA24515
N/A 501(C)(3) SCHOLARSHIP 5,000

MESZAROS FAMILY CHARITABLE FOUNDATION

7 WEST STATE STREET
SHARON,PA16146
N/A 501(C)(3) GENERAL SUPPORT 1,000

MINORITY HEALTH CENTER

PO BOX 23
FARRELL,PA16121
N/A 501(C)(3) H.E.A.T. PROGRAM 26,300

NATIONAL COUNCIL FOR MENTAL WELLBEING

PO BOX 745709
ATLANTA,GA303745709
N/A 501(C)(3) BOOKLETS AND TRAINING FOR MERCER COUNTY BEHAVIORAL HEALTH COMMISSION 1,644

PENN STATE SHENANGO

147 SHENANGO AVE
SHARON,PA16146
N/A 501(C)(3) SCHOLARSHIP 7,500

PENN STATE UNIVERSITY

201 OLD MAIN
UNIVERSITY PARK,PA16802
N/A 501(C)(3) SCHOLARSHIP 5,000

PNH CHARITABLE FOUNDATION

55 PITT STREET
SHARON,PA16146
N/A 501(C)(3) CREATION AND MAINTENANCE OF MERCER COUNTY HEALTH EQUITY TEAM 60,906

PRINCE OF PEACE CENTER

502 DARR AVENUE PO BOX 89
FARRELL,PA16121
N/A 501(C)(3) MINDFUL YOUTH CLASSES - HEALTH RELATED TOPICS FOR SUMMER YOUTH PROGRAMMING 12,000

REDEEMED SANCTUARY

120 ELM AVE
SHARON,PA16146
N/A 501(C)(3) SANTA IN THE CITY - PROGRAM FOR CHILDREN 500

SKYLINE SUMMIT PARK AND RECREATION

2985 CROSSWHITE DRIVE
HERMITAGE,PA16148
N/A 501(C)(3) BALL FIELD, WALKING TRACK & BATTING CAGES 62,900

SLIPPERY ROCK UNIVERSITY

1 MORROW WAY
SLIPPERY ROCK,PA16057
N/A 501(C)(3) SCHOLARSHIP 15,000

ST PAUL'S SENIOR LIVING COMMUNITY

CHARITABLE GIVING OFFICE 341 E
JAMESTOWN ROAD
GREENVILLE,PA16125
N/A 501(C)(3) GENERAL SUPPORT 250

THE UNIVERSITY OF KENTUCKY

410 ADMINISTRATION DRIVE
LEXINGTON,KY40506
N/A 501(C)(3) SCHOLARSHIP 5,000

THIEL COLLEGE

THIEL COLLEGE - DEPARTMENT OF
PHILOSOPHY
GREENVILLE,PA16125
N/A 501(C)(3) SCHOLARSHIP AND COMMUNITY MEDICAL ETHICS PROJECT 6,000

UNIVERSITY OF MOUNT UNION

1972 CLARK AVE
ALLIANCE,OH44601
N/A 501(C)(3) SCHOLARSHIP 2,500

UPMC JAMESON SCHOOL OF NURSING AT HAMOT

650 EAST AVE
ERIE,PA16503
N/A 501(C)(3) SCHOLARSHIP 5,000

WEST VIRGINIA UNIVERSITY

64 MEDICAL CENTER DRIVE
MORGANTOWN,WV26506
N/A 501(C)(3) SCHOLARSHIP 5,000

WESTMINSTER COLLEGE

319 S MARKET STREET
NEW WILMINGTON,PA16172
N/A 501(C)(3) SCHOLARSHIP 5,000

YMCA OF FRANKLIN & GROVE CITY

543 EAST MAIN STREET EXTENSION
GROVE CITY,PA16127
N/A 501(C)(3) GIVING MERCER COUNTY YOUTH AND FAMILIES ACCESS TO QUALITY EARLY CHILDHOOD EDUCATION AND HEALTH CARE OPTIONS. GROVE CITY AREA SCHOOL DISTRICT AND THE YMCA, HAVE PARTNERED WITH OTHER COMMUNITY LEADERS TO WORK PROACTIVELY TO ANALYZE EXISTING EARLY CHILDHOOD EDUCATION AND HEALTH CARE SERVICES IN OURS AND THE SURROUNDING COMMUNITIES WHERE WE IDENTIFIED GAPS. 850,000

YOUNGSTOWN STATE UNIVERSITY

1 UNIVERSITY PLAZA
YOUNGSTOWN,OH44555
N/A 501(C)(3) SCHOLARSHIP 10,000

ZION EDUCATION CENTER

602 ROEMER BLVD
FARRELL,PA16121
N/A 501(C)(3) HADDEN HOUSE IMPROVEMENTS 60,525
Total .................................right arrow 3a 1,377,685
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
    14 513,809  
4 Dividends and interest from securities ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............
    18 -386,670  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME
    01 7,515  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 134,654 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
134,654
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow
Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow
PTIN
Firm's name SmallBullet
Firm's EIN SmallBullet
Firm's address SmallBullet


Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
BUHL REGIONAL HEALTH FOUNDATION
 
FKA SHARON REGIONAL HEALTH FOUNDATION
EIN:
45-5247666
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 41,894 0   41,894

TY 2023 InvestmentsOtherSchedule2
Name:
BUHL REGIONAL HEALTH FOUNDATION
 
FKA SHARON REGIONAL HEALTH FOUNDATION
EIN:
45-5247666
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
CASH AND CASH EQUIVALENTS AT COST 1,120,515 1,120,515
INVESTMENTS FMV 43,076,758 46,827,628

TY 2023 LegalFeesSchedule
Name:
BUHL REGIONAL HEALTH FOUNDATION
 
FKA SHARON REGIONAL HEALTH FOUNDATION
EIN:
45-5247666
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 1,357 0   1,357


TY 2023 OtherExpensesSchedule
Name:
BUHL REGIONAL HEALTH FOUNDATION
 
FKA SHARON REGIONAL HEALTH FOUNDATION
EIN:
45-5247666
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADVERTISING 14,854 0   14,854
OFFICE EXPENSE 7,071 0   7,071
IT SUPPORT 24,473 0   24,473
INSURANCE 7,903 0   7,903
MISCELLANEOUS EXPENSE 8,489 0   8,489
COMMUNITY EDUCATION 482,380 0   482,380


TY 2023 OtherIncomeSchedule2
Name:
BUHL REGIONAL HEALTH FOUNDATION
 
FKA SHARON REGIONAL HEALTH FOUNDATION
EIN:
45-5247666
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME 7,515   7,515


TY 2023 OtherIncreasesSchedule
Name:
BUHL REGIONAL HEALTH FOUNDATION
 
FKA SHARON REGIONAL HEALTH FOUNDATION
EIN:
45-5247666
Description Amount
ACCRUAL TO CASH ADJUSTMENT 428,698
CHANGE IN NET ASSETS 11,499


TY 2023 OtherProfessionalFeesSchedule
Name:
BUHL REGIONAL HEALTH FOUNDATION
 
FKA SHARON REGIONAL HEALTH FOUNDATION
EIN:
45-5247666
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 182,524 182,524   0
OTHER FEES 84,761 0   84,761


TY 2023 TaxesSchedule
Name:
BUHL REGIONAL HEALTH FOUNDATION
 
FKA SHARON REGIONAL HEALTH FOUNDATION
EIN:
45-5247666
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 27,340 0   27,340
FEDERAL PAYMENTS 71,895 0   0