2024-09-10T13:01:17-05:00 2023-10-31 990 2022-11-01 471758865 CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP SCHO 7172557652 PO BOX 3215 LANCASTER PA 176043215 FULTON BANK NA TAX MANAGER 7172557652 2024-09-10 false 2022 2024-08-08 14:25:15Z FULTON BANK NA ONE PENN SQUARE LANCASTER PA 17602 2069861 false X N/A X 2014 PA MAKING DISTRIBUTIONS TO ORGANIZATIONS FOR CHARITABLE PURPOSES AND PROVIDING SCHOLARSHIPS, IN THE NAME AND MEMORY OF CLARENCE SCHOCK, TO DESERVING STUDENTS AT MILLERSVILLE UNIVERSITY, SHIPPENSBURG UNIVERSITY, WEST CHESTER UNIVERSITY, AND KUTZTOWN UNIVERSITY. 1 0 0 0 0 0 0 522555 394039 0 522555 394039 674433 284679 0 40429 36998 0 0 7729 6133 722591 327810 -200036 66229 6649242 6716722 0 0 6649242 6716722 X MAKING DISTRIBUTIONS TO ORGANIZATIONS FOR CHARITABLE PURPOSES AND PROVIDING SCHOLARSHIPS, IN THE NAME AND MEMORY OF CLARENCE SCHOCK, TO DESERVING STUDENTS AT MILLERSVILLE UNIVERSITY, SHIPPENSBURG UNIVERSITY, WEST CHESTER UNIVERSITY, AND KUTZTOWN UNIVERSITY. false false 284679 284679 PROVIDED FUNDING TO FOUR SUPPORTED ORGANIZATIONS (MILLERSVILLE UNIVERSITY, SHIPPENSBURG UNIVERSITY, WEST CHESTER UNIVERSITY, AND KUTZTOWN UNIVERSITY) FOR THE CREATION AND ONGOING ADMINISTRATION OF SCHOLARSHIP PROGRAMS IN THE NAME AND MEMORY OF CLARENCE SCHOCK, WHICH PROVIDE SCHOLARSHIPS THAT SATISFY A MINIMUM OF 20% OF THE RECIPIENTS TUITION FOR EIGHT SEMESTERS AND FELLOWSHIPS TO DESERVING STUDENTS AT THE NAMED UNIVERSITIES. 284679 true false false false false false false false false false false false false 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 true false false false true 0 0 0 false false false false false false false false false false false false false X 1 0 false false false false false false false true true false false true true true true false true true false false X FULTON BANK NA 7172557652 ONE PENN SQUARE LANCASTER PA 17602 FULTON BANK NA TRUSTEE X 36998 0 0 36998 0 0 false false false 226587 226587 1843274 1675822 167452 167452 167452 394039 394039 284679 284679 36998 36998 4130 4130 2003 2003 327810 284679 43131 0 207982 381044 6441260 6335678 6649242 6716722 0 0 X 6649242 6716722 6649242 6716722 6649242 6716722 X 66229 1251 X false false false X X X 4 MILLERSVILLE UNIVERSITY 232397926 2 true 105331 0 SHIPPENSBURG UNIVERSITY 232500361 2 true 76863 0 WEST CHESTER UNIVERSITY 232417773 2 true 59783 0 KUTZTOWN UNIVERSITY 232710197 2 true 42702 0 4 284679 0 true false false false false false false false false false false false false false false true false true 0 0 182064 226587 182064 226587 0 48158 43131 0 133906 183456 7554026 6927970 377172 574125 0 7931198 7502095 0 0 7931198 7502095 118968 112531 7812230 7389564 273428 258635 0 273428 258635 133906 113820 273428 273428 0 273428 284679 0 0 0 0 0 284679 284679 273428 1.0 273428 0 0 0 225693 0 497935 723628 0 273428 0 450200 284679 0 284679 0 0 734879 0 0 0 450200 284679 PART IV - SECTION D - LINE 2 IN ORDER FOR A TRUST TO QUALIFY AS BEING OPERATED IN CONNECTION WITH A SUPPORTED ORGANIZATION, IT MUST MEET BOTH THE RESPONSIVENESS TEST AND THE INTEGRAL PART TEST. PART IV - SECTION D - LINE 2 - CONTINUED AS TO THE RESPONSIVENESS TEST, THIS TRUST SATISFIES THE REQUIREMENTS OF TREASURY REGULATION 1.509(a)-4(i)(2)(ii) BY MAINTAINING A HISTORIC AND CONTINUED RELATIONSHIP WITH ITS SUPPORTED ORGANIZATIONS THAT WAS FIRST ESTABLISHED BY THE CLARENCE SCHOCK FOUNDATION AND WHICH THIS TRUST MAINTAINS AS SUCCESSOR. PART IV - SECTION D - LINE 3 AS NOTED IN THE EXPLANATION TO LINE 2 ABOVE, THE TRUSTEE MAINTAINS A HISTORIC AND CONTINUED RELATIONSHIP WITH THE SUPPORTED ORGANIZATIONS. THE TRUSTEE MEETS WITH THE SUPPORTED ORGANIZATIONS' DIRECTORS AND OFFICERS ONE OR MORE TIMES ANNUALLY. PART IV - SECTION D - LINE 3 - CONTINUED THE TRUSTEE AND THE OFFICIALS OF THE SUPPORTED ORGANIZATIONS DISCUSS INVESTMENT POLICY AND THE TRUSTEE CONSIDERS INVESTMENT SUGGESTIONS. THEY ALSO DISCUSS ADMINISTRATIVE ISSUES, PROGRAMMATIC ISSUES, DISTRIBUTION DECISIONS, AND SHORT-TERM AND LONG-TERM PLANNING. THE SUPPORTED ORGANIZATIONS HAVE A SIGNIFICANT VOICE IN THE TRUST'S INVESTMENT POLICY AND TIMING OF DISTRIBUTIONS. PART V - SECTION D - LINE 8 THE CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I IS RESPONSIVE TO MILLERSVILLE UNIVERSITY BY MAINTAINING A HISTORIC AND CONTINUED RELATIONSHIP AND BY PROVIDING THE SUPPORTED ORGANIZATION WITH A SIGNIFICANT VOICE AS DESCRIBED ABOVE IN THE DETAILED RESPONSE TO PART IV - SECTION D - LINES 2 AND 3. PART V - SECTION D - LINE 8 - CONTINUED (1) MILLERSVILLE UNIVERSITY IS ATTENTIVE TO THE CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP TRUST I BECAUSE IT REQUIRES THE TRUST TO FURNISH ANNUAL REPORTS AND BECAUSE THE TRUST PROVIDES 100% OF THE SUPPORT FOR CERTAIN SCHOLARSHIP PROGRAMS. PART V - SECTION D - LINE 8 - CONTINUED (2) THE CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I IS RESPONSIVE TO SHIPPENSBURG UNIVERSITY BY MAINTAINING A HISTORIC AND CONTINUED RELATIONSHIP AND BY PROVIDING THE SUPPORTED ORGANIZATION WITH A SIGNIFICANT VOICE AS DESCRIBED ABOVE IN THE DETAILED RESPONSE TO PART IV - SECTION D - LINES 2 AND 3. PART V - SECTION D - LINE 8 - CONTINUED (3) SHIPPENSBURG UNIVERSITY IS ATTENTIVE TO THE CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP TRUST I BECAUSE IT REQUIRES THE TRUST TO FURNISH ANNUAL REPORTS AND BECAUSE THE TRUST PROVIDES 100% OF THE SUPPORT FOR CERTAIN SCHOLARSHIP PROGRAMS. PART V - SECTION D - LINE 8 - CONTINUED (4) THE CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I IS RESPONSIVE TO WEST CHESTER UNIVERSITY BY MAINTAINING A HISTORIC AND CONTINUED RELATIONSHIP AND BY PROVIDING THE SUPPORTED ORGANIZATION WITH A SIGNIFICANT VOICE AS DESCRIBED ABOVE IN THE DETAILED RESPONSE TO PART IV - SECTION D - LINES 2 AND 3. PART V - SECTION D - LINE 8 - CONTINUED (5) WEST CHESTER UNIVERSITY IS ATTENTIVE TO THE CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP TRUST I BECAUSE IT REQUIRES THE TRUST TO FURNISH ANNUAL REPORTS AND BECAUSE THE TRUST PROVIDES 100% OF THE SUPPORT FOR CERTAIN SCHOLARSHIP PROGRAMS. PART V - SECTION D - LINE 8 - CONTINUED (6) THE CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP CHARITABLE TRUST I IS RESPONSIVE TO KUTZTOWN UNIVERSITY BY MAINTAINING A HISTORIC AND CONTINUED RELATIONSHIP AND BY PROVIDING THE SUPPORTED ORGANIZATION WITH A SIGNIFICANT VOICE AS DESCRIBED ABOVE IN THE DETAILED RESPONSE TO PART IV - SECTION D - LINES 2 AND 3. PART V - SECTION D - LINE 8 - CONTINUED (7) KUTZTOWN UNIVERSITY IS ATTENTIVE TO THE CLARENCE SCHOCK SCHOLARSHIP & FELLOWSHIP TRUST I BECAUSE IT REQUIRES THE TRUST TO FURNISH ANNUAL REPORTS AND BECAUSE THE TRUST PROVIDES 100% OF THE SUPPORT FOR CERTAIN SCHOLARSHIP PROGRAMS. true MILLERSVILLE UNIVERSITY 1 S GEORGE STREET MILLERSVILLE PA 17551 232397926 501(c)3 105331 FMV N/A SCHOLARSHIPS & FELLOWSHIPS SHIPPENSBURG UNIVERSITY 1871 OLD MAIN DRIVE SHIPPENSBURG PA 17257 232500361 501(c)3 76863 FMV N/A SCHOLARSHIPS & FELLOWSHIPS WEST CHESTER UNIVERSITY 700 S HIGH STREET WEST CHESTER PA 19382 232417773 501(c)3 59783 FMV N/A SCHOLARSHIPS & FELLOWSHIPS KUTZTOWN UNIVERSITY 15200 KUTZTOWN ROAD KUTZTOWN PA 19530 232710197 501(c)3 42702 FMV N/A SCHOLARSHIPS & FELLOWSHIPS EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 THE ORGANIZATION MONITORS ITS GRANTS TO ENSURE THAT THE FUNDS ARE BEING USED FOR THE PROPER PURPOSES THROUGH THE RECEIPT OF ANNUAL REPORTS PROVIDED BY THE GRANTEE ORGANIZATIONS THAT DETAIL THE SPECIFIC USE OF THE GRANT FUNDS. THE ORGANIZATION ALSO MAINTAINS REGULAR COMMUNICATION AND PERIODIC WRITTEN CORRESPONDENCE WITH THE GRANTEE ORGANIZATIONS. FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW IRS FORM 990 IS REVIEWED BY A TAX OFFICER OF THE INSTITUTIONAL TRUSTEE. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c THE TRUSTEE, FULTON BANK, N.A., REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH TRAINING AND REPORTING INITIATIVES IN ACCORDANCE WITH FEDERAL AND STATE LAWS APPLICABLE TO BANKING INSTITUTIONS. FORM 990, PAGE 6, PART VI, LINE 15a THE TRUSTEE, FULTON BANK, N.A., PROVIDES INVESTMENT MANAGEMENT, ADMINISTRATIVE, AND TAX PREPARATION SERVICES TO THE ORGANIZATION AND IS COMPENSATED IN ACCORDANCE WITH ITS PUBLISHED FEE SCHEDULE. FEES FOR THESE SERVICES ARE COMPETITIVE IN THE MARKETPLACE. THE AMOUNT OF THE FEES WAS DISCLOSED ON THE ORGANIZATION'S IRS FORM 1023 APPLICATION, WHICH WAS REVIEWED BY THE IRS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT GENERALLY AVAILABLE TO THE PUBLIC UNLESS REQUIRED DUE TO INCLUSION WITH A FORM THAT IS REQUIRED TO BE PUBLICLY AVAILABLE, IN WHICH CASE, THOSE DOCUMENTS CAN BE OBTAINED UPON REQUEST. FORM 990, PAGE 7, PART VII, SECTION A 10 EXPLANATION FOR FORM 990, PART XI, LINE 9 MUTUAL FUND INCOME RECOGNIZED IN THE CURRENT TAX YEAR AND POSTED TO THE BALANCE SHEET IN THE SUBSEQUENT TAX YEAR OR POSTED TO THE BALANCE SHEET IN THE CURRENT YEAR AND RECOGNIZED IN THE PRIOR YEAR. MILLERSVILLE UNIVERSITY 1 S GEORGE STREET MILLERSVILLE PA 17551 232397926 EDUCATION PA 501(c)(3) 2 NA false SHIPPENSBURG UNIVERSITY 1871 OLD MAIN DRIVE SHIPPENSBURG PA 17257 232500361 EDUCATION PA 501(c)(3) 2 NA false WEST CHESTER UNIVERSITY 700 S HIGH STREET WEST CHESTER PA 19382 232417773 EDUCATION PA 501(c)(3) 2 NA false KUTZTOWN UNIVERSITY 15200 KUTZTOWN ROAD KUTZTOWN PA 19530 232710197 EDUCATION PA 501(c)(3) 2 NA false false true false false false false false false false false false false false false false false false false false MILLERSVILLE UNIVERSITY b 105331 FMV SHIPPENSBURG UNIVERSITY b 76863 FMV WEST CHESTER UNIVERSITY b 59783 FMV KUTZTOWN UNIVERSITY b 42702 FMV