VERNER W HANSON ENDOWEMENT SCHOLARSHIP: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: VERNER W HANSON ENDOWEMENT SCHOLARSHIP (EIN 05-0626648)
Tax period: 2023-01-01 to 2023-12-31
Filed: 2024-08-21
IRS object ID: 202402349349101300
Schema version: 2023v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Accounting Fees Schedule
Investments Other Schedule2
Other Decreases Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-08-21T13:38:38-05:00	ReturnTs
Tax Period End	2023-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	251390233	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WESSEL & COMPANY	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	215 MAIN STREET	AddressLine1Txt
City	JOHNSTOWN	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	15901	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	050626648	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VERNER W HANSON END SCH CO	BusinessNameLine1Txt
Business Name Line2	AMERISERV TRUST & FINANCIAL SERVICES	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	VERN	BusinessNameControlTxt
Phone	8008372265	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 520	AddressLine1Txt
City	JOHNSTOWN	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	159070520	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	AMERISERV TRUST	PersonNm
Person Title	TRUSTEE	PersonTitleTxt
Phone	8008372265	PhoneNum
Signature	2024-08-21	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	AMY J EDMISTON CPA	PreparerPersonNm
PTIN	P00631612	PTIN
Phone	8145367864	PhoneNum
Preparation	2024-08-21	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-08-08 14:25:15Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$793,878	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Dividends Rev And Expnss	$20,970	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$20,970	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$21,788	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$405,868	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$21,788	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$42,758	TotalRevAndExpnssAmt
Total Net Invst Incm	$42,758	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$7,704	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$7,704	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$0	CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$75	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$75	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Tot Opr Expenses Rev And Expnss	$7,779	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$7,779	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$42,192	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$42,192	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$49,971	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$7,779	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$42,192	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$7,213	ExcessRevenueOverExpensesAmt
Net Investment Income	$34,979	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$10,671	CashBOYAmt
Cash EOY	$10,370	CashEOYAmt
Cash EOYFMV	$10,370	CashEOYFMVAmt
Other Investments BOY	$724,559	OtherInvestmentsBOYAmt
Other Investments EOY	$717,542	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$783,508	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$735,230	TotalAssetsBOYAmt
Total Assets EOY	$727,912	TotalAssetsEOYAmt
Total Assets EOYFMV	$793,878	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$579,293	CapitalStockBOYAmt
Capital Stock EOY	$579,293	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$155,937	RetainedEarningBOYAmt
Retained Earning EOY	$148,619	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$735,230	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$727,912	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$735,230	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$727,912	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$735,230	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$7,213	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$728,017	SubtotalAmt
Other Decreases	$105	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$727,912	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
SALE OF INVESTMENTS	P	$399,052	$384,080	$14,972	$14,972
CAPITAL GAINS DIVIDENDS	P	$6,816		$6,816	$6,816

Field	Value	IRS element (for citing)
Capital Gain Net Income	$21,788	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$486	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$486	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$486	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$600	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$600	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$114	OverpaymentAmt
Applied To ES Tax	$114	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	AMERISERV TRUST & FINANCIAL SERVICES COMPANY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8008372265	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 520	AddressLine1Txt
City	JOHNSTOWN	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	159070520	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	0	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
AMERISERV TRUST
PO BOX 520	JOHNSTOWN	PA	159070520	TRUSTEE	1.00	$7,704	$0	$0
NANCY DANDREA
118 N CENTER STREET	EBENSBURG	PA	159310011	TRUSTEE	1.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$756,028	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$0	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$756,028	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$756,028	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$11,340	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$744,688	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$37,234	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$37,234	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$486	TaxBasedOnInvestmentIncomeAmt
Total Tax	$486	TotalTaxAmt
Distributable Before Adj	$36,748	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$36,748	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$36,748	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$42,192	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$42,192	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$36,748	DistributableAsAdjustedAmt
Undistributed Income PY	$39,652	UndistributedIncomePYAmt
Prior Year1	2020	PriorYear1Yr
Total For Prior Years	$3,115	TotalForPriorYearsAmt
Total Excess Distribution Cyov	$0	TotalExcessDistributionCyovAmt
Qualifying Distributions	$42,192	QualifyingDistributionsAmt
Applied To Year1	$39,652	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$2,540	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$0	TotalCorpusAmt
Prior Year Undistributed Incm	$3,115	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$3,115	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$34,208	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$0	ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	AMERISERV TRUST FINANCIAL SERVICES	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 520	AddressLine1Txt
City	JOHNSTOWN	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	159070520	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	8008372265	RecipientPhoneNum
Form And Info And Materials	PRE-PRINTED APPLICATIONS	FormAndInfoAndMaterialsTxt
Submission Deadlines	APRIL 20, ANNUALLY	SubmissionDeadlinesTxt
Restrictions On Awards	GRADUATE OF NORTHERN CAMBRIA SCHOOL DISTRICT, ACADEMIC ACHIEVEMENT, AND ATTEND INDIANA UNIVERSITY OF PENNSYLVANIA	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	INDIANA UNIVERSITY OF PENNSYLVANIA	BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	1011 SOUTH DRIVE	AddressLine1Txt
City	INDIANA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	15705	ZIPCd

Field	Value	IRS element (for citing)
Grant Or Contribution Purpose	PROVIDE STUDENTS WITH TUITION AND RELATED EXPENSE SUPPORT	GrantOrContributionPurposeTxt
Amt	$42,192	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$42,192	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$20,970	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$21,788	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$42,758	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$42,758	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	TAX PREP	CategoryTxt
Amt	$75	Amt
Net Investment Income	$75	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
INVESTMENTS - FIXED INCOME	AT COST	$315,789	$323,461
INVESTMENTS - EQUITIES	AT COST	$401,753	$460,047

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	INCOME ACCRUALS	Desc
Amt	$105	Amt