2024-11-15T10:01:12-06:00 2023-12-31 346565596 ERNST & YOUNG US LLP 2100 ONE PPG PLACE PITTSBURGH PA 15222 990 2023-01-01 256370582 FRIENDS OF THE ALTOONA AREA PUB LIB FRIE 8146962322 ONE FNB BLVD 3RD FLOOR HERMITAGE PA 16148 FIRST NATIONAL TRUST COMPANY TRUSTEE 8146962322 2024-11-15 true false SANDRA MURPHY P01252209 4126447800 2024-11-15 2023 2024-10-15 13:58:12Z FIRST NATIONAL TRUST COMPANY ONE FNB BLVD 3RD FLOOR HERMITAGE PA 16148 99588 false X N/A X 1990 PA FINANCIAL SUPPORT TO THE ALTOONA AREA PUB LIB 1 0 0 0 0 0 0 60016 75448 1707 0 61723 75448 59940 37394 0 5468 5290 0 0 7856 5782 73264 48466 -11541 26982 648334 675026 0 0 648334 675026 FINANCIAL SUPPORT TO THE ALTOONA AREA PUB LIB false false 42930 37394 FINANCIAL SUPPORT TO THE ALTOONA AREA PUB LIB 42930 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 false false false false true true true true false true false false false PA X FIRST NATIONAL TRUST COMPANY 8146962322 One FNB Blvd 3rd Floor HERMITAGE PA 16148 FIRST NATIONAL TRUST COMPANY TRUSTEE 1.0 0.0 X 5289 0 0 5289 0 0 false false false 22613 22613 76975 24140 52835 52835 52835 75448 75448 37394 37394 5290 2645 2645 492 246 246 5290 2645 2645 48466 42930 5536 0 56230 60806 592104 614220 648334 675026 0 0 X 648334 675026 648334 675026 648334 675026 X 26982 -290 X false false false X X X 1 THE ALTOONA AREA PUB LIB 237176885 7 true 37394 0 1 37394 0 true false false false false false false false false false false true false false false false true false true 0 0 0 22613 0 22613 0 0 11069 0 0 11544 0 881593 0 0 0 881593 0 0 0 881593 0 13224 0 868369 0 30393 0 0 30393 0 0 0 0 0 0 X 37394 0 5536 0 0 0 42930 37394 0 0 0 0 0 0 1700 0 23135 24835 0 0 0 24835 42930 0 42930 0 0 67765 0 1700 0 23135 42930 FORM 990, SCHEDULE A, SECTION D, LINE 2 THE TRUSTEE HOLDS REGULAR MEETINGS WITH THE SUPPORTED ORGANIZATION WHERE THE INVESTMENT OFFICER MEETS WITH THE OFFICER OF THE SUPPORTED ORGANIZATION WHERE THE NEEDS OF THE ORGANIZATION ARE DISCUSSED ALONG WITH THE ACTIVITIES HAPPENING WITHIN THE TRUST FROM AN INVESTMENT PERSPECTIVE. THERE IS ALSO CONSTANT COMMUNICATION THAT HAPPENS BETWEEN THE SUPPORTED ORGANIZATION AND THE FIDUCAIARY ADVISOR TO PART IV, SECTION D, LINE 2 (CONT) ADDRESS ANY QUESTIONS AND CONCERNS THEY MIGHT HAVE. FURTHER, THE SUPPORTED ORGANIZATION IS PROVIDED WITH QUARTERLY STATEMENTS THAT CONTAIN THE INVESTMENTS, INCOME AND EXPENSE ACTIVITIES OF THE SUPPORTING ORGANIZATION FOR THE GIVEN TAX YEAR. THE SUPPORTED ORGANIZATION IS ALSO PROVIDED WITH A COPY OF THE FORM 990 AS FILED WITH THE IRS PART IV, SEC D, LINE 3 WHILE THE SUPPORTED ORGANIZATION RELIES ON THE EXPERIENCE AND EXPERTISE OF THE INSTITUATIONAL TRUSTEE TO INVEST AND MANAGE THE INVESTMENTS IN THE TRUST, DUE TO THE CLOSE AND CONTINUOUS RELATIONSHIP, THE SUPPORTED ORGANIZATION HAS A SIGNIFICANT VOICE IN INVESTMENT DECISIONS. PART V, SEC D, LINE 8 THE ORGANIZATION IS A TRUST FUND THAT DISBURSES FUNDS ONLY TO QUALIFYING CHARITABLE ORGANIZATIONS AS DIRECTED BY THE TRUSTS GOVERNING INSTRUMENT TO BE USED ONLY IN ACCORDANCE WITH THE GOVERNING INSTRUMENT. true THE ALTOONA AREA PUB LIB 5301 4TH AVENUE ALTOONA PA 16602 237176885 501(C)(3) 37394 FMV GENERAL CHARITABLE PURPOSE 1 EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 THE FRIENDS OF THE ALTOONA AREA PUB LIB TRUST IS A TRUST FUND THAT DISBURSES FUNDS ONLY TO QUALIFYING CHARITABLE ORGANIZATIONS AS DIRECTED BY THE TRUST'S GOVERNING INSTRUMENT TO BE USED ONLY IN ACCORDANCE WITH THE GOVERNING INSTRUMENT. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8a FRIENDS OF THE ALTOONA AREA PUB LIB TRUST IS A TRUST FUND AND HAS NO WRITTEN POLICY REGARDING DOCUMENTATION OF MEETINGS AND WRITTEN ACTIONS OF IT'S GOVERNING BODY AND COMMITTEES WITH AUTHORITY TO ACT ON ITS BEHALF EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b FRIENDS OF THE ALTOONA AREA PUB LIB TRUST IS A TRUST FUND AND HAS NO WRITTEN POLICY REGARDING DOCUMENTATION OF MEETINGS AND WRITTEN ACTIONS OF IT'S GOVERNING BODY AND COMMITTEES WITH AUTHORITY TO ACT ON ITS BEHALF FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW FIRST NATIONAL TRUST COMPANY, AS TRUSTEE OF THE FRIENDS OF THE ALTOONA AREA PUB LIB, A CHARITABLE TRUST PREPARES THE TAX RETURNS FOR THIS TRUST THUS FORM 990 IS PREPARED BY THE GOVERNING BODY EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c THE CONFLICT-OF-INTEREST POLICY OF FIRST NATIONAL TRUST COMPANY REQUIRES AN ANNUAL AFFIRMATION THAT IT HAS BEEN RECEIVED, READ, UNDERSTOOD, AND AGREED TO BE COMPLIED WITH. IN ADDITION, THE POLICY REQUIRES AN ANNUAL DISCLOSURE OF THE EXISTANCE AND NATURE OF ANY AFFILIATION IN WHICH A PARTY WOULD BE CONSIDERED AN INTERESTED PERSON UNDER THE POLICY. FORM 990, PAGE 6, PART VI, LINE 18 FORM 990 AND RELATED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST FORM 990, PAGE 6, PART VI, LINE 19 FORM 990 AND RELATED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUESTS. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. EXPLANATION FOR FORM 990, PART XI, LINE 9 ACCRUAL INCREASE = $604; ROC ADJUSTMENT DECREASE ($50), ACCRUAL DECREASE ($762), SALES WITH FOUND UPDATE DECREASE ($69), ROUNDING DECREASE ($16) THE ALTOONA AREA PUBLIC LIBRARY 5301 4TH AVENUE ALTOONA PA 16602 237176885 GENERAL CHARITABLE PURPOSE PA 501(C)(3) 6 N/A false false true false false false false false false false false false false false false false false false false false THE ALTOONA AREA PUB LIB b 37394 FMV