2024-11-11T09:30:43-05:00 2024-06-30 232749044 BEE BERGVALL & CO PO BOX 754 WARRINGTON PA 189760754 990 2023-07-01 010760254 PENN FOUNDATION TRUST PENN 2152576551 807 LAWN AVENUE PO BOX 32 SELLERSVILLE PA 18960 H BRUCE DETWEILER PRESIDENT 2154535163 2024-11-08 true false CYNTHIA BERGVALL CPA P00133440 2153432727 2024-11-11 2023 2024-10-15 13:58:12Z H BRUCE DETWEILER 807 LAWN AVENUE PO BOX 32 SELLERSVILLE PA 18960 1525320 false X X 2003 PA TO RECEIVE CHARITABLE CONTRIBUTIONS, GRANTS, AND DONATIONS FOR THE PURPOSE OF ESTABLISHING, MAINTAINING, AND ADMINISTERING AN ENDOWMENT FUND AND OTHER FUNDS FOR THE BENEFIT OF PENN FOUNDATION, INC. 5 5 0 5 0 4000 35019 0 259524 347553 31 60 263555 382632 111463 130488 0 0 0 0 55811 55566 167274 186054 96281 196578 7273094 7894032 43997 36939 7229097 7857093 X TO RECEIVE CHARITABLE CONTRIBUTIONS, GRANTS, AND DONATIONS FOR THE PURPOSE OF ESTABLISHING, MAINTAINING, AND ADMINISTERING AN ENDOWMENT FUND AND OTHER FUNDS FOR THE BENEFIT OF PENN FOUNDATION, INC. false false 100000 100000 BEHAVIORAL HEALTH PROGRAMS 18266 18266 MOYER LIBRARY 11452 11452 DRUG & ALCOHOL PROGRAMS 770 770 ART PROGRAMS AND VOH BIKE 770 770 130488 true true false false false false false false false true false false false true true false true 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 false true 1 0 true 0 false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true true true false false false PA X X KELLIE O'NEILL FINANCE MANAGER 6107032229 807 LAWN AVE PO BOX 32 SELLERSVILLE PA 18960 X H BRUCE DETWEILER PRESIDENT 1.00 X X 0 0 0 MARVIN ANDERS TREASURER 1.00 X X 0 0 0 DR CHARLES AMUSO SECRETARY 1.00 X X 0 0 0 DR DONALD KRAYBILL DIRECTOR 1.00 X 0 0 0 MARGARET ZOOK DIRECTOR 1.00 X 0 0 0 false false false 35019 35019 143891 143891 1346350 1142688 203662 203662 203662 MISCELLANEOUS INCOME 900099 60 60 60 382632 60 347553 130488 130488 14839 14839 36979 36979 3531 3531 FOREIGN TAXES PAID 217 217 186054 130488 55566 0 173175 98068 3531 3504 6536388 7342460 560000 450000 7273094 7894032 960 977 43037 35962 43997 36939 X 6414325 7022224 814772 834869 7229097 7857093 7273094 7894032 196578 431418 X false true X true false X X X 1 PENN FOUNDATION INC PENN FOUNDATION INC 231496225 10 true 130488 0 1 130488 0 true false false false false false false false false false false false false false false true RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 198739 5136 -4059 -1005 198811 199446 2407 -2111 -1003 198739 848323 -91137 -31552 -4176 721458 722076 33 162444 -32271 -3959 848323 734121 21852 -29944 -3953 722076 1.00000 false false CERTIFICATES OF DEPOSIT 450000 450000 PAYABLE TO RELATED PARTY 35962 35962 777071 431418 431418 345653 36979 36979 382632 149075 149075 36979 36979 186054 SCHEDULE D, PAGE 2, PART V, LINE 4 INCOME FROM THE ENDOWMENT FUNDS ARE USED FOR THE FURTHERANCE OF THE ORGANIZATION'S MISSION. SCHEDULE D, PAGE 4, PART XIII PART V, LINE 1B PENN FOUNDATION TRUST WAS RELATED TO ANOTHER ORGANIZATION, PENN FOUNDATION, INC. IN PRIOR YEARS. THESE TWO ORGANIZATIONS ARE NO LONGER CONNECTED, AND AT THAT TIME, THE BENEFICIARY OBLIGATIONS OF THE FORMER BOARD RESTRICTED ENDOWMENT WAS TRANSFERRED TO PENN FOUNDATION, INC. THE BEGINNING BALANCE HAS BEEN REDUCED IN ORDER TO REFLECT THAT TRANSFER. true PENN FOUNDATION 130488 807 LAWN AVENUE SELLERSVILLE PA 18960 231496225 3 130488 FUND PROGRAMMING 1 SCHEDULE I, PAGE 1, PART I, LINE 2 PENN FOUNDATION TRUST CONTRIBUTES FUNDS TO PENN FOUNDATION, INC. FOR CAPITAL EXPANSION PURPOSES AND TREATMENT PROGRAMS. PENN FOUNDATION, INC. PROVIDES INFORMATION TO THE TRUST ON THE AMOUNTS THAT HAVE BEEN EXPENDED FOR CAPITAL EXPANSION PURPOSES AND TREATMENT PROGRAMS AND THE TRUST PROVIDES PENN FOUNDATION, INC. WITH FUNDS FOR THOSE PURPOSES AT THE TIME THE EXPENSES ARE INCURRED, SUBJECT TO BOARD APPROVAL. FORM 990, PAGE 2, PART III, LINE 4D ART PROGRAMS AND VOH BIKE FORM 990, PAGE 6, PART VI, LINE 11B A FULL COPY OF FORM 990, ALONG WITH A NARRATIVE SUMMARY OF THE RETURN, IS DISTRIBUTED TO EACH OF THE PENN FOUNDATION TRUST'S BOARD OF DIRECTORS FOR INDIVIDUAL REVIEW. QUESTIONS, COMMENTS OR CONCERNS ARE ADDRESSED WITH THE FINANCE MANAGER. BOARD MEMBERS APPROVE THE TAX RETURN FOR FILING BASED UPON THEIR REVIEW AND RESOLUTION OF ANY OUTSTANDING ISSUES OR QUESTIONS. FORM 990, PAGE 6, PART VI, LINE 12C THE BOARD REVIEWS EXPENSES AND IF THERE WAS A CONFLICT OF INTEREST IT WOULD BE DISCLOSED IN THE MINUTES AND THE BOARD MEMBER WOULD ABSTAIN FROM THE DISCUSSION AND VOTING ON ANY ISSUES WHERE A CONFLICT OF INTEREST ARISES. THE CONFLICT OF INTEREST STATEMENTS ARE REVIEWED AND SIGNED OFF ON BY EACH OF THE BOARD MEMBERS ANNUALLY. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.