Nonprofit · EIN 23-6390934
PENNSBURY SCHOLARSHIP FOUNDATION
Tax-exempt · FALLSINGTON, PA 19054
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $173,897 | $141,708 | $32,189 | $5,121,851 | $0 | $5,121,851 |
| December 31, 2024 | 990 | $666,481 | $178,231 | $488,250 | $4,763,430 | $0 | $4,763,430 |
| December 31, 2023 | 990 | $289,117 | $116,068 | $173,049 | $4,445,239 | $0 | $4,445,239 |
| December 31, 2021 | 990 | $269,426 | $116,836 | $152,590 | $4,660,930 | $0 | $4,660,930 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $73,656
- Program service revenue
- $0
- Investment income
- $100,241
- Net gain from sales of assets
- -$21,295
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $98,250
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $3,850
- Program services (functional)
- $90,008
- Management and general (functional)
- $50,725
- Fundraising (functional)
- $975
Balance sheet and other
- Total assets, start of year
- $4,763,430
- Total assets, end of year
- $5,121,851
- Total liabilities, end of year
- $0
- Net assets, end of year
- $5,121,851
- Publicly traded securities
- $3,855,852
- Net assets without donor restrictions
- $4,649,975
- Net assets with donor restrictions
- $471,876
- Gross receipts
- $1,019,250
- Employees
- 0
- Volunteers
- 45
- Year formed
- 1956
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY SMITH | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JEFFREY SIBNER | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| VICKIE BRUNOZZI | SECRETARY Trustee or director, Officer | 2 | $0 |
| LOUISE HARMAN | TREASURER Trustee or director, Officer | 2 | $0 |
| MARY LOU BRADLEY | ASSISTANT TR Trustee or director, Officer | 2 | $0 |
| SHEENA BEDIAKO | DIRECTOR Trustee or director | 1 | $0 |
| VICTORIA ELLIOTT | DIRECTOR Trustee or director | 1 | $0 |
| RANDI FLAX | DIRECTOR Trustee or director | 1 | $0 |
| KATIE FREEMAN | DIRECTOR Trustee or director | 1 | $0 |
| MAULI GRIESBAUM | DIRECTOR Trustee or director | 1 | $0 |
| BRANDON MCFADDEN | DIRECTOR Trustee or director | 1 | $0 |
| DONNA NICHOLSON | DIRECTOR Trustee or director | 1 | $0 |
| AMY PATTERSON | DIRECTOR Trustee or director | 1 | $0 |
| THERESA RICCI | DIRECTOR Trustee or director | 0.25 | $0 |
| JAMES RIESENBERGER | DIRECTOR Trustee or director | 1 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASHLEY RITTER | DIRECTOR Trustee or director | 1 | $0 |
| MARY-ANNE SMITH | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS SMITH | DIRECTOR Trustee or director | 0.25 | $0 |
| JOANNA STEERE | DIRECTOR Trustee or director | 0.25 | $0 |
| RANDY STRADLING | DIRECTOR Trustee or director | 1 | $0 |
| MARK TARALLO | DIRECTOR Trustee or director | 1 | $0 |
| DEBBY PERELMUTER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 22 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY SMITH | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JEFFREY SIBNER | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| VICKIE BRUNOZZI | SECRETARY Trustee or director, Officer | 2 | $0 |
| LOUISE HARMAN | TREASURER Trustee or director, Officer | 2 | $0 |
| MARY LOU BRADLEY | ASSISTANT TR Trustee or director, Officer | 2 | $0 |
| SHEENA BEDIAKO | DIRECTOR Trustee or director | 1 | $0 |
| VICTORIA ELLIOTT | DIRECTOR Trustee or director | 1 | $0 |
| RANDI FLAX | DIRECTOR Trustee or director | 1 | $0 |
| KATIE FREEMAN | DIRECTOR Trustee or director | 1 | $0 |
| MAULI GRIESBAUM | DIRECTOR Trustee or director | 1 | $0 |
| BRANDON MCFADDON | DIRECTOR Trustee or director | 1 | $0 |
| DONNA NICHOLSON | DIRECTOR Trustee or director | 1 | $0 |
| AMY PATTERSON | DIRECTOR Trustee or director | 1 | $0 |
| CAROL REGAN | DIRECTOR Trustee or director | 1 | $0 |
| THERESA RICCI | DIRECTOR Trustee or director | 1 | $0 |
| JAMES RIESENBERGER | DIRECTOR Trustee or director | 1 | $0 |
| ASHLEY RITTER | DIRECTOR Trustee or director | 1 | $0 |
| MARY-ANNE SMITH | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS SMITH | DIRECTOR Trustee or director | 1 | $0 |
| JOANNA STEERE | DIRECTOR Trustee or director | 1 | $0 |
| RANDY STRADLING | DIRECTOR Trustee or director | 1 | $0 |
| MARK TARALLO | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY SMITH | PRESIDENT Trustee or director, Officer | 2 | $0 |
| ALAN CHRZANOWSKI | PRESIDENT Trustee or director, Officer | 2 | $0 |
| JEFFREY SIBNER | VICE PRESIDE Trustee or director, Officer | 2 | $0 |
| LOUISE HARMAN | TREASURER Trustee or director, Officer | 2 | $0 |
| MARY LOU BRADLEY | ASSISTANT TR Trustee or director, Officer | 2 | $0 |
| VICKIE BRUNOZZI | SECRETARY Trustee or director, Officer | 2 | $0 |
| SHEENA BEDIAKO | DIRECTOR Trustee or director | 1 | $0 |
| VICTORIA ELLIOTT | DIRECTOR Trustee or director | 1 | $0 |
| RANDI FLAX | DIRECTOR Trustee or director | 1 | $0 |
| KATIE FREEMAN | DIRECTOR Trustee or director | 1 | $0 |
| TR KANNAN | DIRECTOR Trustee or director | 1 | $0 |
| WANDA LONG | DIRECTOR Trustee or director | 1 | $0 |
| AMY PATTERSON | DIRECTOR Trustee or director | 1 | $0 |
| CAROL REGAN | DIRECTOR Trustee or director | 1 | $0 |
| THERESA RICCI | DIRECTOR Trustee or director | 1 | $0 |
| JAMES RIESENBERGER | DIRECTOR Trustee or director | 1 | $0 |
| ASHLEY RITTER | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS SMITH | DIRECTOR Trustee or director | 1 | $0 |
| JOANNA STEERE | DIRECTOR Trustee or director | 1 | $0 |
| RANDY STRADLING | DIRECTOR Trustee or director | 1 | $0 |
| MARK TARALLO | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2021: 22 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mark Tarallo | Director Trustee or director | 1 | $0 |
| Mary Lou Bradley | Assistant Treasurer Trustee or director, Officer | 2 | $0 |
| Louise Harman | Treasurer Trustee or director, Officer | 2 | $0 |
| Alan Chrzanowski | President Trustee or director, Officer | 2 | $0 |
| Victoria Elliott | Director Trustee or director | 1 | $0 |
| Keller Arnold | First VP - Investments Trustee or director, Officer | 2 | $0 |
| Vickie Brunozzi | Secretary Trustee or director, Officer | 2 | $0 |
| Randi Flax | Director Trustee or director | 1 | $0 |
| William Gretzula | Director Trustee or director | 1 | $0 |
| TR Kannan | Director Trustee or director | 1 | $0 |
| Wanda Long | Director Trustee or director | 1 | $0 |
| Vincent Magyar Jr | Director Trustee or director | 1 | $0 |
| Carol Regan | Director Trustee or director | 1 | $0 |
| Theresa Ricci | Director Trustee or director | 1 | $0 |
| Donald Schuler | Director Trustee or director | 1 | $0 |
| Jeffrey Sibner | Vice President Trustee or director, Officer | 2 | $0 |
| Jeffrey Smith | Director Trustee or director | 1 | $0 |
| Katie Freeman | Director Trustee or director | 1 | $0 |
| Sheena Bediako | Director Trustee or director | 1 | $0 |
| James Riesenberger | Director Trustee or director | 1 | $0 |
| Thomas Smith | Director Trustee or director | 1 | $0 |
| Christine Toy-Dragoni | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 134 YARDLEY AVE, FALLSINGTON, PA 19054-1119
- Principal officer (990 for 2025)
- JEFFREY SMITH, 134 YARDLEY AVE, FALLSINGTON, PA 19058
- Signed the 990
- LOUISE HARMAN, TREASURER
- Phone
- (215) 428-4145
- Return prepared by
- BEE BERGVALL & CO
Mission
SINCE 1956, THE PENNSBURY SCHOLARSHIP FOUNDATION HAS EXISTED TO HELP DESERVING PENNSBURY GRADUATES ACHIEVE THEIR GOAL OF HIGHER EDUCATION THROUGH SCHOLARSHIP GRANTS AND LOANS.
Program accomplishments
- SCHOLARSHIPS AND INTEREST-FREE LOANS GRANTED TO PENNSBURY HIGH SCHOOL GRADUATES WHO MEET CERTAIN CRITERIA. IN 2025, A TOTAL OF 66 SCHOLARSHIPS WERE GRANTED: 46 TO SENIORS AND 20 TO GRADUATES.Expenses $90,008 · grants $98,250
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-6390934
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1959
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B820)
- Assets (IRS master file)
- $5,121,851
- Income (IRS master file)
- $1,019,250
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $173,897 | $141,708 | $5,121,851 | XML |
| 990 | December 2024 | $666,481 | $178,231 | $4,763,430 | XML |
| 990 | December 2023 | $289,117 | $116,068 | $4,445,239 | XML |
| 990 | December 2022 | $273,636 | $139,456 | $4,065,374 | IRS |
| 990 | December 2021 | $269,426 | $116,836 | $4,660,930 | XML |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-6390934).
Questions about PENNSBURY SCHOLARSHIP FOUNDATION
- What is the EIN of PENNSBURY SCHOLARSHIP FOUNDATION?
- The employer identification number (EIN) of PENNSBURY SCHOLARSHIP FOUNDATION is 23-6390934.
- Is PENNSBURY SCHOLARSHIP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1959.
- Are donations to PENNSBURY SCHOLARSHIP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PENNSBURY SCHOLARSHIP FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PENNSBURY SCHOLARSHIP FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PENNSBURY SCHOLARSHIP FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PENNSBURY SCHOLARSHIP FOUNDATION?
- The 990 for the year ended December 31, 2025 names JEFFREY SMITH.
- Who are the officers and directors of PENNSBURY SCHOLARSHIP FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 22 people; 0 received compensation from the organization.
- How much revenue does PENNSBURY SCHOLARSHIP FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $173,897, expenses of $141,708 and total assets of $5,121,851 at year end.
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