2014-09-30T15:23:55-05:00 2014-04-30 231380332 KIMMEL LORAH ASSOCIATES CPA'S LLP 400 CRESSON BLVD PO BOX 979 OAKS PA 19456 990 2013-05-01 236253965 THE WOLCOTT FOUNDATION INC WOLC 2153683121 210 SOUTH BROAD STREET LANSDALE PA 19446 GEORGE W TRACY TREASURER 2153683121 2014-08-15 1 ROBERT STEVENSON CPA P00018843 6106660450 X 2013 2015-11-30 17:44:51Z GEORGE W TRACY 210 S BROAD ST LANSDALE PA 19446 9398418 0 X WWW.WOLCOTTFOUNDATION.COM X 1952 MO ASSISTS IN PREPARING QUALIFIED SCHOLARS FOR FUTURE POLICY MAKING POSITIONS IN GOVERNMENT AND WORLD AFFAIRS THROUGH THE GRANTING OF FELLOWSHIPS AND STUDENT LOANS IN ORDER TO PRESERVE A FREE SOCIETY FOR FUTURE GENERATIONS. 8 8 0 0 0 0 354097 99639 0 0 438382 437384 0 0 792479 537023 169452 382308 0 0 0 0 0 0 0 56271 45147 225723 427455 566756 109568 5936719 6000152 307485 392376 5629234 5607776 THE FOUNDATION ASSISTS IN PREPARING QUALIFIED SCHOLARS FOR FUTURE POLICY MAKING POSITIONS IN GOVERNMENT AND WORLD AFFAIRS THROUGH THE GRANTING OF FELLOWSHIPS AND STUDENT LOANS IN ORDER TO PRESERVE A FREE SOCIETY FOR FUTURE GENERATIONS. 0 0 382692 382308 THE FOUNDATION GRANTS STUDENT FELLOWSHIPS AND LOANS TO QUALIFIED STUDENTS OF GEORGE WASHINGTON UNIVERSITY (GWU). THE STUDENT FELLOWSHIPS ARE INITIALLY RECORDED AS STUDENT'S ACCOUNTS RECEIVABLE (STUDENT LOANS) WHILE ATTENDING GWU. UPON GRADUATION 25% OF EACH STUDENT'S GROSS STUDENT FELLOWSHIP LOANS ARE WAIVED FOR EACH YEAR SUCH STUDENT PERFORMED GOVERNMENTAL OR RELATED SERVICE AS APPROVED BY THE TRUSTEES. 382692 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 X GEORGE W TRACY TREASURER 2153683121 210 S BROAD ST LANSDALE PA 19446 X MALCOLM S WHITE CHAIRMAN 10.00 X X 0 0 0 DONALD P GARRIDO VICE CHAIRMAN 5.00 X X 0 0 0 GEORGE W TRACY TREASURER 15.00 X X 0 0 0 WILIAM MIER SECRETARY 5.00 X X 0 0 0 ERCIL ESCHBACH TRUSTEE 5.00 X 0 0 0 STANLEY A GARDNER TRUSTEE 5.00 X 0 0 0 MICHAEL E CLARK TRUSTEE 5.00 X 0 0 0 MERVYN J HARRIS TRUSTEE 5.00 X 0 0 0 ROBERT L MORTON TRUSTEE 5.00 X 0 0 0 0 0 0 0 0 0 0 0 530 99109 99639 309133 309133 8989646 8861395 128251 128251 128251 537023 0 0 437384 382308 382308 2000 2000 12675 12675 3350 3350 3236 3236 1303 1303 18482 18482 3717 3717 PROGRAM/PROMOTIONAL AWA 384 384 427455 382692 44763 0 647598 -360394 780 780 135260 501302 4352532 5044266 800549 814198 5936719 6000152 307485 392376 307485 392376 X 1100441 1057731 4528793 4550045 5629234 5607776 5936719 6000152 109568 -131026 0 X 0 0 0 X 63424 55632 48850 353387 99109 620402 63424 55632 48850 353387 99109 620402 620402 262498 283833 341511 230138 309133 1427113 2047515 0.30300 0.30640 X THE FOUNDATION CONTINUOUSLY RECEIVES CONTRIBUTIONS FROM THE GENERAL PUBLIC THROUGH THE FELLOWSHIP FUND AND THE ENDOWMENT FUND. THEY ALSO CONTINUE TO RECEIVE PUBLIC CONTRIBUTIONS FROM THE WITT AND POSEY TRUSTS. THE FOUNDATION IS MANAGED BY A GOVERNING BOARD WHICH REPRESENTS THE BROAD INTERESTS OF THE GENERAL PUBLIC BY GRANTING STUDENT FELLOWSHIPS AND LOANS TO QUALIFIED SCHOLARS. THESE STUDENTS RECEIVE TUITION LOAN WAIVERS WHEN PERFORMING GOVERNMENTAL OR RELATED SERVICES AS APPROVED BY THE BOARD OF TRUSTEES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 4528793 13721 7531 4550045 4020211 12439 496143 4528793 4441205 14087 -435081 4020211 4313836 15004 112365 4441205 3390645 9793 913398 4313836 0 0 0 INTEREST RECEIVABLE 19500 BENEFICIAL INTEREST IN CHARITABLE TRUST 794698 814198 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT FUNDS ARE PERMANENTLY RESTRICTED TO INVESTMENT IN PERPETUITY; THE INCOME FROM WHICH IS PRIMARILY EXPENDABLE TO SUPPORT THE OPERATIONS OF THE FOUNDATION. 1 STUDENT FELLOWSHIPS-GRADUATE STUDENTS AT GEORGE WASHINGTON UNIVERSITY 14 382308 BOOK PART I, LINE 2: THE FOUNDATION'S BOARD OF TRUSTEES REVIEWS ALL APPLICATIONS FOR STUDENT FELLOWSHIPS AND APPROVES THE GRANTING OF FELLOWSHIPS BASED ON CERTAIN SELECTION CRITERIA AND AVAILABILITY OF FUNDS. THE FOUNDATION GRANTS STUDENT FELLOWSHIPS TO QUALIFIED STUDENTS ATTENDING GEORGE WASHINGTON UNIVERSITY (GWU) GRADUATE SCHOOL. SUCH STUDENT FELLOWSHIPS ARE INITIALLY RECORDED AS STUDENTS' ACCOUNTS RECEIVABLE (LOANS) WHILE ATTENDING GWU. UPON GRADUATION, 25% IF EACH STUDENTS'S GROSS STUDENT FELLOWSHIP LOANS ARE WAIVED (GRANTED) FOR EACH YEAR SUCH STUDENT PERFORMS GOVERNMENTAL OR RELATED SERVCIE AS APPROVED BY THE TRUSTEES. FORM 990, PART VI, SECTION A, LINE 6 SEE NAMES AND TITLES ON PART VII OF THIS FORM 990 ON PAGE 7. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OF THE GOVERNING BODY CONSISTS OF FOUR TRUSTEES AND FOUR OFFICERS WHO ARE ELECTED BY THE GENERAL MEMBERSHIP OF THE FOUNDATION AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 AND REQUIRED SCHEDULES ARE REVIEWED AND APPROVED BY THE TREASURER AND OTHER OFFICERS, AS APPLICABLE. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, ANYONE MAY REVIEW THE FOUNDATION'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS BY CONTACTING THE FOUNDATION'S TREASURER, GEORGE W. TRACY, C/O 210 S. BROAD ST., LANSDALE, PA 19446 DURING NORMAL BUSINESS HOURS.