Charles Henry Leach II Fund for Duquesne University
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE CORPORATION IS ORGANIZED, AND SHALL AT ALL TIMES BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF THE DUQUESNE UNIVERSITY THROUGH FOSTERING AND PROMOTING ANY OR ALL OF THE FOLLOWING: PREVENTION OF CRUELTY TO ANIMALS; THE MENTAL AND/OR PHYSICAL HEALTH AND EDUCATION OF CHILDREN WHO ARE UNDERPRIVILEGED OR NEEDY, OR WHO HAVE SUFFERED PHYSICAL OR EMOTIONAL ABUSE, OR WHO HAVE BEEN EMOTIONALLY DAMAGED; THE PROTECTION OF THE NATURAL ENVIRONMENT; AND SCIENTIFIC RESEARCH.
- Income
- $57,036
- Spending
- $264,177
- Spent on programs
- 93%
- Reserves
- 0 months of spending
- Largest source of income
- investment income, 95%
- Employees
- 0
- Volunteers
- 5
- Highest pay
- $526,718, pres/director
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 39 out of 100. Higher than 8% of charities in its peer group (education, under $250k).
Reserves
4 of 35Spendable reserves would cover 0.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 363% of income.
Income trend
0 of 15Income fell 84% on the year before.
Spending floor
15 of 1593% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 53 out of 100. Higher than 37% of charities in its peer group (education, under $250k).
Independent board
5 of 252 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $95,600 spent. CHARITY FOR THE MENTAL AND/OR PHYSICAL HEALTH AND EDUCATION OF CHILDREN WHO ARE UNDERPRIVILEGED OR NEEDY, OR WHO HAVE SUFFERED FROM PHYSICAL OR EMOTIONAL ABUSE, OR WHO OTHERWISE HAVE BEEN EMOTIONALLY DAMAGED.
- $110,140 spent. SCIENTIFIC RESEARCH ABOUT THE NATURAL ENVIRONMENT AND DISEASES
- $40,000 spent. Prevention of Cruelty to Animals
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since September 2014.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.