2018-11-12T13:58:36-08:00 2017-12-31 McLaren & Co PC 504 Corporate Drive West Langhorne PA 190478011 990 2017-01-01 236390934 Pennsbury Scholarship Foundation PENN 2154284145 134 Yardley Ave Fallsington PA 190541119 LOUISE P HARMAN TREASURER 2154284145 2018-11-12 true ROBERT H MCLAREN CPA P00110808 2155791260 2018-11-12 74.93.123.153 2018-11-12 13:58:24 PS P 560B8B3ACE88F3786182D44215E17B0B0B5AB35C A708D4E3CEA8C470635C279B3706E08E6ED157EF 2017 2019-02-21 02:37:17Z MARK TARALLO 134 Yardley Ave Fallsington PA 19058 477443 false X www.pennsburysd.org/PennsburyScholarshipFoundation X 1956 PA SINCE 1956, THE PENNSBURY SCHOLARSHIP FOUNDATION HAS EXISTED TO HELP DESERVING PENNSBURY GRADUATES ACHIEVE THEIR GOAL OF HIGHER EDUCATION THROUGH SCHOLARSHIP GRANTS AND LOANS. 21 18 0 25 0 63422 45340 0 103753 148407 -6326 0 160849 193747 70250 75000 0 0 0 0 42321 64185 112571 139185 48278 54562 3438888 3746988 4085 56423 3434803 3690565 Since 1956, the Pennsbury Scholarship false false 128505 75000 SCHOLARSHIPS AND INTEREST-FREE LOANS GRANTED TO PENNSBURY HIGH SCHOOL GRADUATES WHO MEET CERTAIN CRITERIA. IN 2017, A TOTAL OF 88 SCHOLARSHIPS WERE GRANTED: 63 TO SENIORS AND 25 TO GRADUATES. 128505 true true false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 1 0 true 0 false false false false false false false false false false X 21 18 false false false false false true false true false false false false true true false false false false false false PA X LOUISE P HARMAN 2154284145 134 Yardley Ave Fallsington PA 19054 X SMITH JEFFREY President 2.00 X X 0 0 0 TARALLO MARK Executive V.P. 2.00 X X 0 0 0 RITZAU STEVEN First Vice President 2.00 X X 0 0 0 HARMAN LOUISE Treasurer 2.00 X X 0 0 0 CHRZANOWSKI ALAN Assistant Treasurer 2.00 X X 0 0 0 ELLIOTT VICTORIA Secretary 2.00 X X 0 0 0 BRADLEY MARY LOU Director 1.00 X 0 0 0 BRUCK LAWRENCE Director 1.00 X 0 0 0 BRUNOZZI VICTORIA Director 1.00 X 0 0 0 GRETZULA WILLIAM Director 1.00 X 0 0 0 HOUSEKNECHT RICHARD Director 1.00 X 0 0 0 KLEBAN SHERRY Director 1.00 X 0 0 0 LONG WANDA Director 1.00 X 0 0 0 MAGYAR VINCENT Director 1.00 X 0 0 0 REDNER JACQUELINE Director 1.00 X 0 0 0 REGAN CAROL Director 1.00 X 0 0 0 RICCI THERESA Director 1.00 X 0 0 0 SANTARSIERO STEVE Director 1.00 X 0 0 0 SHERRARD CHERYL Director 1.00 X 0 0 0 SIBNER JEFFREY Director 1.00 X 0 0 0 STRADLING RANDY Director 1.00 X 0 0 0 false false false 45340 45340 134488 134488 297615 283696 13919 13919 13919 193747 148407 75000 75000 17089 17089 0 0 1750 0 1750 0 7494 0 7494 0 0 0 0 0 Miscellaneous 1336 0 1336 0 Registration fees 100 0 100 0 Bad debts -13584 -13584 0 0 Legal Settlement 50000 50000 0 0 139185 128505 10680 0 67926 44467 172499 165146 297949 331928 381 243 2478149 2749118 421984 456086 3438888 3746988 4085 56423 4085 56423 X 3023009 3243886 446679 411794 3434803 3690565 3438888 3746988 X 54562 166315 34885 X true X false false false X 42515 74007 53411 43787 45340 259060 42515 74007 53411 43787 45340 259060 259060 103538 139948 63240 49356 76919 433001 692061 0.37430 0.35900 X 0 0 0 411794 50885 16000 446679 412718 15326 16250 411794 450730 -22131 15881 412718 458013 10084 17367 450730 436193 53619 17030 14769 458013 true false Accrued Interest Receivable 9407 Beneficial Interest in Perpetual Trust 446679 456086 true Grants, none exceeding $5,000 88 75000 Loans, none exceeding $5,000 88 75000 Pt VI, Line 12c Each director, principal officer, and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person, has received a copy of policy, read and understands the policy, and agrees to comply with policy. Pt VI, Line 7a Certain Board members related to the Pennsbury School District are automatically appointed to the Foundation Board as enumerated in the Foundation's By-Laws. Pt VI, Line 11b The final form 990 is provided to the Board after filing. Pt VI, Line 8b Some committees do not keep minutes of their recommendations approved by the Board of Directors. Pt XI Decrease in beneficial interest in perpetual trust. Pt VI, Line 19 Governing documents, conflict of interest policy and financial statements are available to the public upon request. Form 990EZ, Part II, Line 24 Accrued interest receivable Form 990EZ, Part II, Line 24 Student loans Form 990EZ, Part II, Line 24 Fixed assets, net Form 990EZ, Part II, Line 24 Beneficial interest in perpetual trust Form 990EZ, Part II, Line 26 Accrued expenses