2015-11-16T06:41:56-08:00 2014-12-31 McLaren & Co PC 504 Corporate Drive West Langhorne PA 190478011 990 2014-01-01 236390934 Pennsbury Scholarship Foundation PENN 2154284145 134 Yardley Ave Fallsington PA 190541119 LOUISE HARMAN TREASURER 2154284145 2015-11-14 true ROBERT H MCLAREN CPA 2155791260 2015-11-16 2014 2016-02-25 16:41:14Z JEFFREY SMITH 134 Yardley Ave Fallsington PA 19058 213955 false X N/A 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. 20 18 0 25 0 42515 74007 0 147857 139948 3189 -25 193561 213930 53000 64250 0 0 0 0 103665 28899 156665 93149 36896 120781 3109485 3216974 3625 3776 3105860 3213198 Since 1956, the Pennsbury Scholarship Foundation has existed to help false false 74738 64250 SCHOLARSHIPS AND INTEREST-FREE LOANS GRANTED TO PENNSBURY HIGH SCHOOL GRADUATES WHO MEET CERTAIN CRITERIA. IN 2014, A TOTAL OF 85 SCHOLARSHIPS WERE GRANTED: 59 TO SENIORS AND 26 GRADUATES. 74738 true true false false false false false false false true true 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 true true false false false false X 20 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 33 Barnsbury Road Langhorne PA 19047 X SMITH JEFFREY President 2.00 X X 0 0 0 REGAN CAROL 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 NOLTING LEON Assistant Treasurer 2.00 X X 0 0 0 KLEBAN SHERRY Secretary 1.00 X X 0 0 0 ADLER PAULA Director 1.00 X 0 0 0 BRADLEY MARY LOU Director 1.00 X 0 0 0 CIESIELKA PAUL Director 1.00 X 0 0 0 DUFFY HERBERT Director 1.00 X 0 0 0 DUNAR DONNA Director 1.00 X 0 0 0 FLAX RANDI Director 1.00 X 0 0 0 HOUSEKNECHT RICHARD Director 1.00 X 0 0 0 LINDBLOOM NORMA Director 1.00 X 0 0 0 LONG WANDA Director 1 X MAGYAR VINCE Director 1 X MCHUGH KEVIN Director 1 X QUAKE RICHARD Director 1 X SIBNER JEFFREY Director 1 X STRADLINGRANDY Director 1 X false false false 74007 74007 139948 139948 25 -25 -25 213930 139923 64250 64250 11576 0 11576 0 5503 0 5503 0 639 0 639 0 0 0 0 0 Miscellaneous 568 0 568 0 Registration fees 125 0 125 0 Bad debts 10488 10488 0 0 93149 74738 18411 0 66633 57276 78084 83269 250973 268845 506 241 2250434 2354265 462855 453078 3109485 3216974 3625 3776 3625 3776 X 2647847 2762468 458013 450730 3105860 3213198 3109485 3216974 X 120781 -62316 -7283 X false false false X 24275 51147 35640 42515 74007 227584 24275 51147 35640 42515 74007 227584 227584 68320 67129 89121 103538 139948 468056 695640 0.32720 0.34670 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 458013 458013 436193 53619 17030 14769 458013 408253 48964 14469 6555 436193 432832 -3268 15475 5836 408253 399098 53162 16227 3201 432832 true false Accrued Interest Receivable 2348 Beneficial Interest in Perpetual Trust 450730 453078 true Grants, none exceeding $5,000 63 53000 Loans, none exceeding $5,000 63 53000 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 STUDENT LOANS FIXED ASSETS, NET BENEFICIAL INTEREST IN PERPETUAL TRUST Form 990EZ, Part II, Line 26 ACCRUED EXPENSES