2015-04-15T13:47:15-05:00 2014-05-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 46 PUBLIC SQUARE SUITE 400 WILKESBARRE PA 18701 990 2013-06-01 240795441 KEYSTONE COLLEGE KEYS 5709458000 ONE COLLEGE GREEN LAPLUME PA 18440 KEVIN M WILSON VP OF FINANCE AND ADMIN 5709458376 2015-04-15 1 JULIUS GREEN CPA P00350393 5708200100 2015-04-15 2013 2016-02-25 16:41:14Z DAVID L COPPOLA ONE COLLEGE GREEN LAPLUME PA 18440 42057564 0 X WWW.KEYSTONE.EDU X 1935 PA EDUCATING STUDENTS IN A LIBERAL ARTS TRADITION FOSTERING A GLOBAL PERSPECTIVE ON LIFE-LONG LEARNING. 34 29 813 250 0 0 3296305 3402628 35213504 34661509 920043 883224 357188 421185 39787040 39368546 11791581 11658774 0 0 14335481 14481921 0 0 671252 12425710 12587551 38552772 38728246 1234268 640300 35926479 38927286 20112286 22186320 15814193 16740966 X KEYSTONE COLLEGE EDUCATES STUDENTS IN A LIBERAL ARTS TRADITION THAT VALUES CIVILITY, INTEGRITY, AND CURIOSITY, FOSTERING A GLOBAL PERSPECTIVE ON CULTURAL DIVERSITY, ENVIRONMENTAL SUSTAINABILITY, AND LIFE-LONG LEARNING. 0 0 33225931 11658774 34924022 HIGHER EDUCATION SERVICES - KEYSTONE COLLEGE PROVIDES EDUCATION AND RELATED SUPPORT SERVICES TO OVER 1,750 STUDENTS FROM 14 STATES AND 12 COUNTRIES. WE OFFER A WIDE RANGE OF BACCALAUREATE AND ASSOCIATE DEGREES, WHILE PROVIDING FINANCIAL AID TO MEET 96% OF OUR STUDENTS' OVERALL DEMONSTRATED FINANCIAL NEED. WE OFFERED OVER $11 MILLION IN SCHOLARSHIPS FROM INTERNAL RESOURCES TO OVER 1,300 STUDENTS. OVER 475 OF OUR STUDENTS RESIDE ON CAMPUS, WHILE THE REMAINDER COMMUTE FROM HOME OR LIVE IN PRIVATE RESIDENCES NEAR CAMPUS. WE MAINTAIN A 11:1 RATIO OF STUDENTS TO FACULTY IN ORDER TO PROMOTE A CARING AND SUPPORTIVE ENVIRONMENT DEDICATED TO MEETING OUR STUDENTS' LEARNING NEEDS. WE PROVIDE OUR STUDENTS CO-CURRICULAR OPPORTUNITIES TO LEARN AND GROW; THESE INCLUDE: VARSITY ATHLETICS (NCAA DIVISION III - 9 SPORTS FOR WOMEN AND 8 SPORTS FOR MEN); FACULTY-LED STUDY ABROAD EXCURSIONS; FOREIGN AND DOMESTIC INTERNSHIP OPPORTUNITIES; AND STUDENT CLUBS AND ORGANIZATIONS. ALSO, OUR CAMPUS COMMUNITY ENJOYS A WIDE VARIETY OF EDUCATIONAL RESOURCES, FACILITIES, AND OPPORTUNITIES THAT WE MAKE AVAILABLE TO THE PUBLIC. 33225931 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 6 0 1 813 1 0 0 0 0 0 1 1 0 0 0 0 X 34 29 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 PA X KEVIN M WILSON 5709458000 ONE COLLEGE GREEN LAPLUME PA 18440 THOMAS G SPEICHER CHAIR 2.00 X X 0 0 0 SUSAN S BELIN FIRST VICE CHAIR 2.00 X X 0 0 0 ROBERT SWARTLEY SECOND VICE CHAIR 2.00 X X 0 0 0 ALEX FRIED SECRETARY 2.00 X X 0 0 0 JOSEPH J QUINN CPA TREASURER 2.00 X X 0 0 0 JOHN PULLO ASSISTANT SECRETARY/ TREASURER 2.00 X X 0 0 0 DAVID L COPPOLA BEGIN 62013 PRESIDENT 40.00 X X 209000 0 26951 JOYCE M AVILA TRUSTEE/ADJUNCT INSTRUCTOR 10.00 X 10835 0 0 MICHAEL E BELICOVE TRUSTEE 2.00 X 0 0 0 STACEY M BERLINSKI-WYLAND TRUSTEE 2.00 X 0 0 0 MARK A CARPENTER TRUSTEE 2.00 X 0 0 0 JACK C CASSELL TRUSTEE 2.00 X 0 0 0 JON S CRAIGHEAD TRUSTEE 2.00 X 0 0 0 THOMAS W DAVIS TRUSTEE 2.00 X 0 0 0 MICHELE B DEMPSEY TRUSTEE 2.00 X 0 0 0 NANCY DRESSEL TRUSTEE 2.00 X 0 0 0 JOHN M DUFF TRUSTEE 2.00 X 0 0 0 HOMA FERDOWSKI TRUSTEE/ADJUNCT INSTRUCTOR 10.00 X 10200 0 0 GEORGE W GINADER CPA TRUSTEE 2.00 X 0 0 0 JANE JULIUS HONCHELL TRUSTEE 2.00 X 0 0 0 ROBERT L KAGLER TRUSTEE 2.00 X 0 0 0 RICHARD T KREBS TRUSTEE 2.00 X 0 0 0 DR FRANCES LANGAN TRUSTEE/PROFESSOR 40.00 X 108677 0 18881 DOROTHY MACKIE TRUSTEE 2.00 X 0 0 0 GERARD T O'DONNELL TRUSTEE 2.00 X 0 0 0 JANE OPPENHEIM TRUSTEE 2.00 X 0 0 0 DIANE PAPARO TRUSTEE 2.00 X 0 0 0 LETHA WELLS REINHEIMER TRUSTEE 2.00 X 0 0 0 SUZANNE FISHER STAPLES TRUSTEE/ADJUNCT INSTRUCTOR 10.00 X 7500 0 0 CURTIS N STEVENS TRUSTEE 2.00 X 0 0 0 JOYCE E TRESSLER TRUSTEE 2.00 X 0 0 0 DR BETTY J TUROCK TRUSTEE 2.00 X 0 0 0 DR DAVID L TUROCK TRUSTEE 2.00 X 0 0 0 EARLE WOOTTON TRUSTEE 2.00 X 0 0 0 KEVIN M WILSON VP - FINANCE AND ADMINSITRATION 40.00 X 110105 0 19506 THEA HARRINGTON VP - ACADEMIC AFFAIRS 40.00 X 113100 0 19731 SARAH KEATING VP - ENROLLMENT AND MARKETING 40.00 X 107067 0 19277 CHARLOTTE M RAVAIOLI VP - INSTITUTIONAL ADVANCEMENT 40.00 X 119477 0 19694 DR EDWARD G BOEHM JR (FORMER PRES)-PRESIDENT EMERITUS 2.00 X 209000 0 26434 1004961 0 150474 7 1 1 0 CLARK COMPANIES PO BOX 427 41155 STATE HIGHWAY 10 DELHI NY 13753 CONTRACTOR 3108918 SODEXO 6081 HAMILTON BOULEVARD ALLENTOWN PA 18106 FOOD SERVICES 2200021 CONDRON & CO 220 PENN AVE 303 SCRANTON PA 18503 CONSULTING 199468 DE LAGE LADEN FINANCIAL SERVICE 1111 OLD EAGLE SCHOOL ROAD WAYNE PA 19087 FINANCING: COPIER LEASES 155877 PAYNE PRINTING 3235 MEMORIAL HIGHWAY DALLAS PA 18612 PRINTING SERVICES 143102 6 37585 1213307 2151736 3402628 TUITION & FEES 611600 30343273 30343273 ROOM & BOARD 721000 4318236 4318236 34661509 180216 180216 65835 52585 13250 13250 13250 3263355 37479 2597826 0 665529 37479 703008 703008 18130 37585 38607 -20477 -20477 EARLY ED TRAINING CTR 611710 199590 199590 BAD DEBT & GRANT RECOVERY 900099 87713 87713 BOOK STORE COMMISSION 900099 30167 30167 110942 32756 78186 428412 39368546 34924022 0 1041896 X 11658774 11658774 963323 137212 826111 209000 209000 10759480 8822774 1506327 430379 530153 424122 90126 15905 1221288 744986 390812 85490 798677 654915 111815 31947 82798 82798 82687 82687 4178606 3635387 501432 41787 294427 256152 38275 335951 251963 80628 3360 1514876 1269643 229558 15675 431713 392859 34537 4317 128071 78123 44825 5123 502694 412209 85458 5027 2048883 1680084 348310 20489 214212 175654 36416 2142 BAD DEBT EXPENSE 485381 402866 82515 REPAIRS AND MAINTENANCE 470306 470306 CONSUMABLE SUPPLIES 309957 309957 SCHOLARSHIP EXPENSE 289790 289790 1217199 1158155 49433 9611 38728246 33225931 4831063 671252 68420 68472 3656 1473016 1548823 2612634 2177680 110397 120831 495276 516780 56017906 31345351 22267987 24672555 7565333 8329060 1329760 1493085 35926479 38927286 3005567 2670769 1333509 1599260 7900000 7600000 3590000 5608181 792920 1453335 3490290 3254775 20112286 22186320 X 6268797 6225807 2875854 3353978 6669542 7161181 15814193 16740966 35926479 38927286 X 640300 286473 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 0 0 7462000 234595 889874 432395 47315 8106759 6740623 69059 969146 269059 47769 7462000 7165858 223500 -180657 423500 44578 6740623 6597857 99755 780408 261471 50691 7165858 5989385 163342 982828 414625 72785 50288 6597857 0.13000 0.69000 0.18000 0 0 665581 665581 36101232 19921836 16179396 15547097 11423515 4123582 3703996 3703996 24672555 CAPITAL LEASES 143230 ANNUITY PAYABLE 183472 REFUNDABLE ADVANCES FROM GOVERNMENT AGENCIES 1044224 STUDENT DEPOSITS 1155774 AGENCY FUNDS PAYABLE 66151 INTEREST RATE SWAP 661924 3254775 X 28067333 -11374275 -11374275 39441608 -73062 -73062 39368546 27140560 73062 73062 27067498 11660748 11660748 38728246 PART III, LINE 4: COLLECTION ITEMS ACQUIRED AFTER JUNE 1, 1996 ARE CAPITALIZED AT COST, IF PURCHASED, OR FAIR VALUE. SUCH COLLECTION ITEMS INCLUDE ARTWORK, GLASS, CRYSTAL AND OTHER ITEMS. COLLECTION ITEMS ACQUIRED PRIOR TO JUNE 1, 1996 WERE NOT CAPITALIZED. THESE ITEMS INCLUDE A COLLECTION OF MEMORABILIA FROM BASEBALL HALL OF FAMER, CHRISTY MATHEWSON, AN ALUMNUS OF KEYSTONE ACADEMY, THE FORERUNNER TO KEYSTONE COLLEGE. OUR COLLECTION HAS BEEN DESCRIBED AS "THE LARGEST AND BEST" OF ITS KIND BY SPORTS MEMORABILIA EXPERTS. IT IS AN IMPORTANT PIECE OF OUR INSTITUTION'S HISTORY AND IS THE CENTERPIECE OF THE ANNUAL COMMUNITY CELEBRATION THAT WE HOST FOR OUR NEIGHBORING COMMUNITY, FACTORYVILLE BOROUGH, WHICH WAS MR. MATHEWSON'S BIRTHPLACE. WE OWN A COLLECTION OF ANTIQUE, ORNAMENTAL GLASS SERVING PIECES. THESE ITEMS PROVIDE TANGIBLE EXAMPLES OF A FINE ART PRACTICE THAT IS BECOMING SCARCELY PRACTICED. THIS COLLECTION ADDS CONSIDERABLE VALUE TO OUR STUDENTS' EDUCATION EXPERIENCE, PARTICULARLY THOSE WHO STUDY AND PRACTICE THE ART OF GLASS-BLOWING IN OUR ON-CAMPUS GLASS STUDIO. WE ALSO MAINTAIN A COLLECTION OF VARIOUS WORKS OF VISUAL ART, INCLUDING PAINTINGS, DRAWINGS, AND SCULPTURES, THAT ENHANCE OUR STUDENTS' EDUCATIONAL EXPERIENCE AND ADD VALUE TO OUR CAMPUS AESTHETIC. PART IV, LINE 1B: CERTAIN STUDENTS OF THE COLLEGE WERE RECIPIENTS OF GRANTS UNDER THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE ACT (PHEAA) AND THE PELL GRANTS PROGRAMS. THE GRANTS ARE SIMILIAR TO AGENCY FUNDS BECAUSE THE COLLEGE ACTED ONLY AS CUSTODIAN AND DISBURSING AGENT FOR THESE FUNDS. TOTAL DISBURSEMENTS WERE $2,409,630 AND AWARDS AND REFUNDS TOTALED $2,362,482. THE BALANCE TO BE REFUNED TO PHEAA OF $47,148 IS REFLECTED ON THE BALANCE SHEET AS OF MAY 31,2014 PART V, LINE 4: EARNINGS ON ENDOWMENT FUNDS ARE USED TO SUPPORT SCHOLARSHIPS FOR STUDENTS, FACULTY SALARIES, AND AWARDS. PART X, LINE 2: THE COLLEGE IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. INCOME DETERMINED TO BE UNRELATED BUSINESS INCOME IS TAXABLE. THE COLLEGE BELIEVES ALL ITS INCOME IS RELATED INCOME AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE COLLEGE'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. THE COLLEGE'S FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX FOR THE YEARS ENDED MAY 31, 2011 THROUGH MAY 31,2014 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON INTEREST RATE SWAP 144,371. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 163,325. CHANGE IN VALUE OF ANNUITY OBLIGATIONS -21,223. RECLASS OF STUDENT INSURANCE -1,974. STUDENT AID -11,658,774. PART XI, LINE 4B - OTHER ADJUSTMENTS: GOLF TOURNAMENT NET EXPENSE -20,477. RENTAL EXPENSES -52,585. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 52,585. GOLF TOURNAMENT EXPENSE, NET 20,477. PART XII, LINE 4B - OTHER ADJUSTMENTS: STUDENT AID 11,658,774. STUDENT INSURANCE 1,974. 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 WE SOLICIT STUDENTS THROUGHOUT THE YEAR AND MAKE THEM AWARE OF THE POLICY THROUGH OUR WRITTEN ADMISSIONS MATERIALS, OUR CATALOGUE, AND OUR WEBSITE. SCHEDULE E, PART I, LINE 6 KEYSTONE COLLEGE PARTICIPATES IN THE TITLE IV FEDERAL STUDENT ASSISTANCE PROGRAMS. THE ORGANIZATION ALSO PARTICIPATES IN THE COMMONWEALTH OF PENNSYLVANIA STATE GRANTS PROGRAM AND INSTITUTIONAL ASSISTANCE GRANTS PROGRAM. GOLF TOURNAMENT 55715 37585 18130 6670 25456 6005 476 1 55715 37585 18130 6670 25456 6005 476 38607 -20477 1 SCHOLARSHIPS (INTERNAL TUITION DISCOUNTS) 1317 11658774 CASH N/A PART I, LINE 2: ALL STUDENTS APPLYING FOR FINANCIAL ASSISTANCE ARE REQUIRED TO SUBMIT THE FREE APPLICATION FOR FEDERAL STUDENT AID ("FAFSA"). THE STUDENT FINANCIAL AID OFFICE REVIEWS THE RESULTS OF THE FAFSA, WHICH DICTATES WHAT AND HOW MUCH FEDERAL FUNDING THE INDIVIDUAL STUDENT IS ELIGIBLE FOR. IF THE STUDENT IS DETERMINED TO BE IN COMPLIANCE WITH ALL FEDERAL REGULATIONS, AS DETERMINED BY THE DEPARTMENT OF EDUCATION, THE STUDENT FINANCIAL AID OFFICE AWARDS THE STUDENT THE APPROPRIATE FUNDING. STUDENT FILES REGARDING ELIGIBILITY ARE MAINTAINED BY THE STUDENT FINANCIAL AID OFFICE. 1 X X X X 0 0 0 0 0 0 0 0 0 DAVID L COPPOLA BEGIN 62013 PRESIDENT 209000 0 0 0 0 0 0 0 26951 0 235951 0 0 0 DR EDWARD G BOEHM JR (FORMER PRES)-PRESIDENT EMERITUS 209000 0 0 0 0 0 0 0 26434 0 235434 0 0 0 X 7 271271 QUOTED MARKET VALUE X PHOTOGRAPHIC 1 20000 ESTIMATED RETAIL PRI X ART SUPPLIES 1 10000 ESTIMATED RETAIL PRI 0 0 0 PART I, LINE 32B: KEYSTONE COLLEGE MAINTAINS BROKERAGE ACCOUNTS AND UTILIZES THE BROKERAGE SERVICES TO SELL NON-CASH CONTRIBUTIONS OF PUBLICLY TRADED SECURITIES. FORM 990, PART VI, SECTION A, LINE 2 DR. BETTY J. TUROCK AND DR. DAVID L. TUROCK, BOTH TRUSTEES, ARE RELATED TO EACH OTHER AS MOTHER AND SON. IN ORDER TO DETERMINE WHETHER OR NOT THERE ARE ANY BUSINESS OR FAMILY RELATIONSHIPS BETWEEN OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES, INTERVIEWS ARE PERFORMED BY HUMAN RESOURCES, FOLLOWED BY THE RESPONSIBLE MANAGERS, VICE PRESIDENT, AND POSSIBLY THE PRESIDENT AND/OR A SEARCH COMMITTEE COMPRISED OF SEVERAL EMPLOYEES AND BOARD MEMBERS. THE DIRECTOR OF HUMAN RESOURCES CONDUCTS THE CONFLICT OF INTEREST QUESTION AND BUSINESS AND FAMILY RELATIONSHIP QUESTIONS, AND PREPARES A LOG OF THE RESPONSES. THIS INFORMATION IS FORWARDED TO THE PRESIDENT. FORM 990, PART VI, SECTION B, LINE 11 COPIES OF THE FINAL FORM 990 WERE PROVIDED TO MEMBERS OF THE FINANCE AND BUDGET COMMITTEE AND ALL OFFICERS OF OUR BOARD OF TRUSTEES PRIOR TO ITS FILING. JOSEPH J. QUINN, CPA AND GEORGE W. GINADER, CPA, BOTH MEMBERS OF THE FINANCE AND BUDGET COMMITTEE, REVIEWED THE FORM WITH KEVIN M. WILSON, VICE PRESIDENT OF FINANCE AND ADMINSTRATION/TREASURER BEFORE MR. WILSON APPROVED ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE COLLEGE REQUIRES ALL COVERED PARTIES SUCH AS TRUSTEES, KEY EMPLOYEES AND OFFICERS TO COMPLETE CONFLICT QUESTIONNAIRES ON AN ANNUAL BASIS. THE VP OF FINANCE AND ADMINISTRATION COLLECTS AND REVIEWS THESE QUESTIONNAIRES AND REPORTS ANY CONFLICTS TO THE PRESIDENT AND CHAIRMAN OF THE BOARD. BOARD MEMBERS ABSTAIN FROM VOTING WHEN CONFLICTS ARISE. IN ADDITION, THE VICE PRESIDENT OF FINANCE & ADMINISTRATION REVIEWS THE APPROVED VENDOR LIST ON AN ANNUAL BASIS NOTING ANY POTENTIAL CONFLICTS WHICH MAY HAVE BEEN IMPROPERLY DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER AND THE PRESIDENT WAS DETERMINED BY THE CHAIRMAN OF THE BOARD OF TRUSTEES, AN INDEPENDENT TRUSTEE. THE CHAIRMAN CONSULTED WITH OTHER INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES, AT HIS DISCRETION, AND REVIEWED EXECUTIVE COMPENSATION DATA PROVIDED BY THE CHIEF FINANCIAL OFFICER, THE VICE PRESIDENT OF FINANCE AND ADMINISTRATION/TREASURER. THIS INFORMATION INCLUDED, BUT WAS NOT LIMITED TO: INDUSTRY SURVEY DATA FROM THE CHRONICLE OF HIGHER EDUCATION, NACUBO, YAFFE AND COMPANY, AND AICUP. COMPENSATION FOR OTHER KEY EMPLOYEES WAS DETERMINED BY THE PRESIDENT, WHO CONSULTED WITH MEMBERS OF THE BOARD OF TRUSTEES, AT HIS DISCRETION. HE ALSO REVIEWED INFORMATION FROM INDUSTRY SOURCES, SUCH AS THOSE LISTED ABOVE. SALARY DECISIONS ARE DOCUMENTED IN THE BOARD COMMITTEE MINUTES FORM 990, PART VI, SECTION C, LINE 19 THE COLLEGE MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 1,645,568. MANAGEMENT AND GENERAL EXPENSES 226,975. FUNDRAISING EXPENSES 18,915. TOTAL EXPENSES 1,891,458. FOOD SERVICE: PROGRAM SERVICE EXPENSES 1,636,176. MANAGEMENT AND GENERAL EXPENSES 225,679. FUNDRAISING EXPENSES 18,807. TOTAL EXPENSES 1,880,662. CONSULTING: PROGRAM SERVICE EXPENSES 353,643. MANAGEMENT AND GENERAL EXPENSES 48,778. FUNDRAISING EXPENSES 4,065. TOTAL EXPENSES 406,486. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON INTEREST RATE SWAP 144,371. CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 163,325. CHANGE IN VALUE OF ANNUITY OBLIGATIONS -21,223. PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PERPETUAL TRUST (1) PERPETUAL TRUST PA KEYSTONE COLLEGE T 26177 1387508 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 PART IV - BENEFICIAL INTEREST IN TRUST KEYSTONE COLLEGE RECEIVES 100% OF THE NET INCOME FROM THIS PERPETUAL TRUST FOR THE PURPOSE OF PROVIDING SCHOLARSHIPS TO STUDENTS OF KEYSTONE COLLEGE WHO ARE RESIDENTS OF LACKAWANNA COUNTY, PENNSYLVANIA.