PENNSBURY SCHOLARSHIP FOUNDATION: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- PENNSBURY SCHOLARSHIP FOUNDATION (EIN 23-6390934)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201603209349302140
- Schema version
- 2015v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-15T06:44:36-08:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | McLaren & Co PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 504 Corporate Drive West | AddressLine1Txt |
| City | Langhorne | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 190478011 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 236390934 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Pennsbury Scholarship Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PENN | BusinessNameControlTxt |
| Phone | 2154284145 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 Yardley Ave | AddressLine1Txt |
| City | Fallsington | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 190541119 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LOUISE HARMAN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 2154284145 | PhoneNum |
| Signature | 2016-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT H MCLAREN CPA | PreparerPersonNm |
| Phone | 2155791260 | PhoneNum |
| Preparation | 2016-11-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JEFFREY SMITH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 Yardley Ave | AddressLine1Txt |
| City | Fallsington | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19058 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $833,520 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | scholarships@pennsbury.k12.pa.us | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1956 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | Since 1956, the Pennsbury Scholarship Foundation has existed to help deserving Pennsbury graduates achieve their goal of higher education through scholarship grants and loans. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $74,007 | PYContributionsGrantsAmt |
| CY Contributions Grants | $190,938 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $139,948 | PYInvestmentIncomeAmt |
| CY Investment Income | $187,882 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$25 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $213,930 | PYTotalRevenueAmt |
| CY Total Revenue | $378,820 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $64,250 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $67,000 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $28,899 | PYOtherExpensesAmt |
| CY Other Expenses | $34,852 | CYOtherExpensesAmt |
| PY Total Expenses | $93,149 | PYTotalExpensesAmt |
| CY Total Expenses | $101,852 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $120,781 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $276,968 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $3,216,974 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,257,529 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,776 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,879 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $3,213,198 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $3,253,650 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Since 1956, the Pennsbury Scholarship Foundation has existed to | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $77,900 | ExpenseAmt |
| Grant | $67,000 | GrantAmt |
| Desc | SCHOLARSHIPS AND INTEREST-FREE LOANS GRANTED TO PENNSBURY HIGH SCHOOL GRADUATES WHO MEET CERTAIN CRITERIA. IN 2015, A TOTAL OF 75 SCHOLARSHIPS WERE GRANTED: 44 TO SENIORS AND 31 TO GRADUATES. | Desc |
| Total Program Service Expenses | $77,900 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 1 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | false | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LOUISE P HARMAN | PersonNm |
| Phone | 2154284145 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 134 Yardley Ave | AddressLine1Txt |
| City | Fallsington | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19054 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| SMITH JEFFREY | ||||||
| President | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| REGAN CAROL | ||||||
| Executive V.P. | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| RITZAU STEVEN | ||||||
| First Vice President | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| HARMAN LOUISE | ||||||
| Treasurer | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CIESIELKA PAUL | ||||||
| Assistant Treasurer | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| KLEBAN SHERRY | ||||||
| Secretary | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| ADLER PAULA | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRADLEY MARY LOU | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRUNOZZI VICKIE | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DUNAR DONNA M | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ELLIOTT VICTORIA | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| HOUSEKNECHT RICHARD | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LONG WANDA | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MAGYAR VINCENT | ||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MCHUGH KEVIN | ||||||
| Director | 1 | Yes (X) | ||||
| NOLTING LEE | ||||||
| Director | 1 | Yes (X) | ||||
| QUAKE RICHARD | ||||||
| Director | 1 | Yes (X) | ||||
| SHERRARD CHERYL | ||||||
| Director | 1 | Yes (X) | ||||
| SIBNER JEFFREY | ||||||
| Director | 1 | Yes (X) | ||||
| STRADLING RANDY | ||||||
| Director | 1 | Yes (X) | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $190,938 | AllOtherContributionsAmt |
| Total Contributions | $190,938 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $144,349 | TotalRevenueColumnAmt |
| Exclusion | $144,349 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $498,233 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $454,700 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $43,533 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $43,533 | TotalRevenueColumnAmt |
| Exclusion | $43,533 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $378,820 | TotalRevenueColumnAmt |
| Exclusion | $187,882 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,000 | TotalAmt |
| Program Services | $67,000 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,500 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,500 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,671 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $15,671 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,154 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $5,154 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Miscellaneous | $1,527 | $0 | $1,527 | $0 |
| Registration fees | $100 | $0 | $100 | $0 |
| Bad debts | $10,900 | $10,900 | $0 | $0 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,852 | TotalAmt |
| Program Services | $77,900 | ProgramServicesAmt |
| Management And General | $23,952 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,276 | BOYAmt |
| EOY | $66,375 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $83,269 | BOYAmt |
| EOY | $139,017 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $268,845 | BOYAmt |
| EOY | $282,440 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $241 | BOYAmt |
| EOY | $603 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,354,265 | BOYAmt |
| EOY | $2,344,749 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $453,078 | BOYAmt |
| EOY | $424,345 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,216,974 | BOYAmt |
| EOY | $3,257,529 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,776 | BOYAmt |
| EOY | $3,879 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,776 | BOYAmt |
| EOY | $3,879 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,762,468 | BOYAmt |
| EOY | $2,840,932 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $450,730 | BOYAmt |
| EOY | $412,718 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,213,198 | BOYAmt |
| EOY | $3,253,650 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,216,974 | BOYAmt |
| EOY | $3,257,529 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $276,968 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$198,504 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$38,012 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | false | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $51,147 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,640 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $42,515 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $74,007 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $53,411 | CurrentTaxYearAmt |
| Total | $256,720 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $51,147 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $35,640 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $42,515 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $74,007 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $53,411 | CurrentTaxYearAmt |
| Total | $256,720 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $256,720 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $67,129 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $89,121 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $103,538 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $139,948 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $63,240 | CurrentTaxYearAmt |
| Total | $462,976 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $719,696 | TotalSupportAmt |
| Public Support CY170 | 0.35670 | PublicSupportCY170Pct |
| Public Support PY170 | 0.32720 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
| Public Support Total509 | $0 | PublicSupportTotal509Amt |
| Public Support CY509 | 0 | PublicSupportCY509Pct |
| Investment Income CY | 0 | InvestmentIncomeCYPct |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $450,730 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$22,131 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $15,881 | GrantsOrScholarshipsAmt |
| End Year Balance | $412,718 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $458,013 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $10,084 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $17,367 | GrantsOrScholarshipsAmt |
| End Year Balance | $450,730 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $436,193 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $53,619 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $17,030 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $14,769 | AdministrativeExpensesAmt |
| End Year Balance | $458,013 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $408,253 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $48,964 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $14,469 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $6,555 | AdministrativeExpensesAmt |
| End Year Balance | $436,193 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $432,832 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$3,268 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $15,475 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $5,836 | AdministrativeExpensesAmt |
| End Year Balance | $408,253 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Other Assets Org OtherAssetsOrgGrp (2 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Accrued Interest Receivable | $11,627 |
| Beneficial Interest in Perpetual Trust | $412,718 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $424,345 | TotalBookValueOtherAssetsAmt |
| Total Rev Etc Audited Fincl Stmt | $180,316 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$198,504 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | -$198,504 | RevenueNotReportedAmt |
| Revenue Subtotal | $378,820 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $378,820 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $101,852 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $101,852 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $101,852 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt XII, Line 2d | FormAndLineReferenceDesc |
| Explanation | Beneficial Interest in Perpetual Trust | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Grants, none exceeding $5,000 | 75 | $67,000 |
| Loans, none exceeding $5,000 | 75 | $67,000 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. |
| 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 |
Comments