2024-05-13T08:06:37-05:00 2023-06-30 232896692 BBD LLP 1835 MARKET STREET SUITE 300 PHILADELPHIA PA 19103 990 2022-07-01 264751225 METHACTON EDUCATION FOUNDATION METH 6104895000 1001 KRIEBEL MILL ROAD EAGLEVILLE PA 19403 SHANNON PEFFER PRESIDENT 6104895000 2024-05-13 1 SHANNON PEFFER 999009999 0 CARL HOGAN P01368906 2155677770 2024-05-13 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SHANNON PEFFER 1001 KRIEBEL MILL ROAD EAGLEVILLE PA 19403 410759 0 X WWW.METHACTONFOUNDATION.ORG X 2009 PA TO SUPPORT QUALITY EDUCATION PROGRAMS FOR METHACTON SCHOOL DISTRICT 20 20 1 75 0 0 380399 387208 0 0 0 0 -1111 468 379288 387676 123505 260285 0 0 30944 80534 0 0 31762 25445 31775 179894 372594 199394 15082 641140 656222 0 0 641140 656222 THE METHACTON EDUCATION FOUNDATION'S PURPOSE IS TO INSPIRE EXCELLENCE AND INNOVATION IN THE METHACTON SCHOOL DISTRICT THROUGH PROVIDING SUPPLEMENTAL FUNDING FOR INNOVATIVE EDUCATIONAL PROGRAMS AND INITIATIVES TO ENRICH STUDENT LEARNING. 0 0 281813 260285 FUNDING INNOVATIVE TEACHER GRANTS AND SUPPORT OF OTHER UNIQUE EDUCATIONAL OPPORTUNITIES. PRIMARY FOCUS AREAS INCLUDE, BUT ARE NOT LIMITED TO: STEM (SCIENCE, TECHNOLOGY, ENGINEERING & MATH), PROGRAMS THAT BENEFIT ECONOMICALLY DISADVANTAGED STUDENTS, CAREER READINESS AND STUDENT WELLNESS. 281813 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 PA X JOSEPH BUSILLO 6104895000 1001 KRIEBEL MILL ROAD EAGLEVILLE PA 19403 SHANNON PEFFER PRESIDENT 3.00 X X 0 0 0 DR THOMAS RUTH VICE PRESIDENT 3.00 X X 0 0 0 JOSEPH BUSILLO TREASURER 3.00 X X 0 0 0 MARIJANE BARBONE SECRETARY 3.00 X X 0 0 0 GARY GALLAGHER MEMBER 3.00 X 0 0 0 DR WINIFRED HAYES MEMBER 3.00 X 0 0 0 JIM BEAM MEMBER 1.00 X 0 0 0 BETSY TECCO MEMBER 1.00 X 0 0 0 DR JUDY HORROCKS MEMBER 2.00 X 0 0 0 MICHELLE KIRSCHNER MEMBER 1.00 X 0 0 0 BETH ANN BITTNER MAZZA MEMBER 1.00 X 0 0 0 BRYAN HOFFMAN MEMBER 1.00 X 0 0 0 MATT ALZAMORA MEMBER 1.00 X 0 0 0 JAMES ARONOW MEMBER 1.00 X 0 0 0 JEFFREY RIEDER MEMBER 1.00 X 0 0 0 AMY SMITH MEMBER 1.00 X 0 0 0 STEPHANIE SAWYER MEMBER 1.00 X 0 0 0 CHRISTINE STEERE MEMBER 1.00 X 0 0 0 SEMIRA PERDUE MEMBER 1.00 X 0 0 0 LAWRENCE REICH MEMBER 1.00 X 0 0 0 DONNA PIERGALLINI EXECUTIVE DIRECTOR 40.00 X 36611 0 0 36611 0 0 0 0 0 0 0 53460 333748 387208 23551 53460 23083 468 468 387676 0 0 468 260285 260285 74811 14962 44887 14962 5723 1145 3433 1145 2000 2000 305 305 CONTRACTED SERVICES 14894 7094 7800 BANK FEES 6733 6733 SUPPLIES 6543 5421 1122 DUES 1300 1300 372594 281813 59019 31762 641140 632944 23278 641140 656222 0 0 X 439372 467127 201768 189095 641140 656222 641140 656222 15082 0 X 1 X 0 0 0 X 277985 323293 507277 380399 387208 1876162 277985 323293 507277 380399 387208 1876162 304644 1571518 2858 35997 15021 20229 23551 97656 1973818 0.79620 0.77120 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING REVENUE - 2018 AMOUNT: $ 2,858. 2019 AMOUNT: $ 35,997. 2020 AMOUNT: $ 15,021. 2021 AMOUNT: $ 20,229. 2022 AMOUNT: $ 23,551. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 410759 0 410759 -23083 -23083 387676 395677 23083 23083 372594 0 372594 PART X, LINE 2: MEF HAS ADOPTED AN ACCOUNTING STANDARD REGARDING UNCERTAIN TAX POSITIONS. THE STANDARD PRESCRIBES A MINIMUM THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. MEF BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN THE STANDARD. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -23,083. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 23,083. APEX AWARDS 64401 50310 14091 10918 5816 DODGEBALL 12610 3150 9460 5140 1 1210 77011 53460 23551 10918 12166 23084 467 1 METHACTON SCHOOL DISTRICT 1001 KRIBEL HILL ROAD EAGLEVILLE PA 19403 236050689 GOV'T 260285 0 TO HELP SUPPORT THE EDUCATIONAL AND COMMUNITY PROGRAMS AT METHACTON SCHOOL DISTRICT PART I, LINE 2: GRANT IS SUBMITTED AND REVIEWED BY THE BOARD TO DETERMINE IF THE GRANT IS ISSUED OR REJECTED. GRANTEES ARE REQUIRED TO SUBMIT A REPORT TO THE ORGANIZATION DETAILING THE USE OF THE GRANT. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS SENT TO THE TREASURER WHO FORWARDS TO THE FINANCIAL COMMITTEE AND PRESIDENT FOR REVIEW AND APPROVAL. THE 990 IS SIGNED BY THE PRESIDENT UPON APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C AN INTERESTED PARTY IS UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AS SOON AS IT IS KNOWN, OR REASONABLY SHOULD BE KNOWN. AN INTERESTED PARTY SHALL COMPLETELY DISCLOSE THE MATERIAL FACTS ABOUT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ON AN ANNUAL BASIS. COMPLETED DISCLOSURE STATEMENTS WILL BE REVIEWED BY THE GOVERNANCE AND EXECUTIVE COMMITTEE'S FOR POTENTIAL CONFLICTS AND RESOLUTION. AN INTERESTED PARTY WHO HAS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST SHALL NOT PARTICIPATE OR BE PRESENT DURING THE DELIBERATIONS AND DECISION MAKING OF THE FOUNDATION WITH RESPECT TO THE TRANSACTION IN QUESTION. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS, ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE AT METHACTON EDUCATION FOUNDATION LOCATION UPON WRITTEN REQUEST.