M VERNA BUTTERER EDUCATIONAL TRUST: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization: M VERNA BUTTERER EDUCATIONAL TRUST (EIN 23-7751390)
Tax period: 2015-02-01 to 2016-01-31
Filed: 2016-05-02
IRS object ID: 201611239349100516
Schema version: 2015v2.0
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
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Other Expenses Schedule
Other Liabilities Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2016-05-02T10:20:26-07:00	ReturnTs
Tax Period End	2016-01-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Elissa Kirkegard CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	3884 Stump Road	AddressLine1Txt
City	Doylestown	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	18902	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2015-02-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	237751390	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	M Verna Butterer Educational Trust	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	MVER	BusinessNameControlTxt
Phone	2152490503	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 273	AddressLine1Txt
City	Fountainville	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	18923	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Elissa J Kirkegard	PersonNm
Person Title	Foundation Manager	PersonTitleTxt
Signature	2016-05-02	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Elissa J Kirkegard	PreparerPersonNm
PTIN	P01224798	PTIN
Phone	2152490440	PhoneNum
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2015	TaxYr
Build TS	2016-09-27 15:27:22Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$6,607,567	FMVAssetsEOYAmt
Method Of Accounting Other	Yes (X)	MethodOfAccountingOtherInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$1,560	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$1,560	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$233,757	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$233,757	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$136,129	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$321,684	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$136,129	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$371,446	TotalRevAndExpnssAmt
Total Net Invst Incm	$371,446	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$58,069	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$58,069	CompOfcrDirTrstDsbrsChrtblAmt
Other Prof Fees Rev And Expnss	$757	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Dsbrs Chrtbl	$757	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$600	TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss	$4,400	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	$4,400	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$63,826	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$63,226	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$181,553	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$181,553	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$245,379	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$244,779	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$126,067	ExcessRevenueOverExpensesAmt
Net Investment Income	$371,446	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Sav And Temp Cash Invst BOY	$475,343	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$348,244	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$348,380	SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl	$1,118,554	OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY	$1,074,641	OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY	$1,118,554	OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV	$1,118,554	OtherNtsAndLoansRcvblEOYFMVAmt
Corporate Stock BOY	$1,401,734	CorporateStockBOYAmt
Corporate Stock EOY	$1,401,734	CorporateStockEOYAmt
Corporate Stock EOYFMV	$1,562,317	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$2,921,656	CorporateBondsBOYAmt
Corporate Bonds EOY	$3,130,910	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$3,578,316	CorporateBondsEOYFMVAmt
Total Assets BOY	$5,873,374	TotalAssetsBOYAmt
Total Assets EOY	$5,999,442	TotalAssetsEOYAmt
Total Assets EOYFMV	$6,607,567	TotalAssetsEOYFMVAmt
Other Liabilities EOY	$1	OtherLiabilitiesEOYAmt
Total Liabilities EOY	$1	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Capital Stock BOY	$4,959,349	CapitalStockBOYAmt
Capital Stock EOY	$5,079,229	CapitalStockEOYAmt
Retained Earning BOY	$914,025	RetainedEarningBOYAmt
Retained Earning EOY	$920,212	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$5,873,374	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$5,999,441	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$5,873,374	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$5,999,442	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$5,873,374	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$126,067	ExcessRevenueOverExpensesAmt
Subtotal	$5,999,441	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$5,999,441	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	Cost Or Other BasisCostOrOtherBasisAmt
INVESCO LONG TERM DISTRIBUTION	P	2014-01-01	2015-12-31	$121,684	$121,684	$121,684
200,000 MORGAN STANLEY 6%	P	2009-01-29	2015-04-28	$200,000	$14,445	$14,445	$185,555

Field	Value	IRS element (for citing)
Capital Gain Net Income	$136,129	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$442,847	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$5,860,980	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.07556	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$359,575	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$5,507,482	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.06529	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$311,574	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$5,045,672	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.06175	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$285,097	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$4,726,545	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.06032	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$316,419	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$4,497,190	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.07036	DistributionYr5Rt
Total Distribution	0.333275	TotalDistributionRt
Average Distribution	0.066655	AverageDistributionRt
Net Vl Noncharitable Assets	$5,777,636	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$385,108	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$3,714	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$388,822	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$426,332	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Domestic Org Meeting Sect4940e	Yes (X)	DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax	$3,714	InvestmentIncomeExciseTaxAmt
Subtotal	$3,714	SubtotalAmt
Tax Based On Investment Income	$3,714	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$4,125	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$4,125	TotalPaymentsAndCreditsAmt
Overpayment	$411	OverpaymentAmt
Applied To ES Tax	$411	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Form990 T Filed	false	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	PA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	false	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	BUTTERER.ORG	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	Elissa J Kirkegard Admin	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	2152490503	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO Box 273	AddressLine1Txt
City	Fountainville	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	189230273	ZIPCd

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

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	false	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	false	UncorrectedPriorActsInd
Undistributed Income PY	false	UndistributedIncomePYInd
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
Business Holdings	false	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	false	TransactionsFailToQlfyAsExcInd
Maintained Expenditure Rspns	false	MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Proceeds Or Net Income	false	ProceedsOrNetIncomeInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
Suzanne Barnhurst
PO Box 273	Fountainville	PA	18923	Trustee	1.00	$0
Phyllis Sampson James
PO Box 273	Fountainville	PA	18923	Trustee	1.00	$0
Miriam M Reimel
PO Box 723	Fountainville	PA	18923	Trustee	1.00	$0
Elissa J Kirkegard
PO Box 273	Fountainville	PA	18923	Administrator	30.00	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	For every scholarship/loan awarded, 50% is a gift (reported on Part I, Line 25 in the year paid) and 50% is a loan to be repaid five years after graduation or funding from the trust whichever shall occur first (See Loans Receivable for total outstanding loans at 1/31) This represents 50% of the scholarships/loans paid from 2/1 to 1/31 of this fiscal year.	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$5,570,782	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$294,838	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$5,865,620	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast	$5,865,620	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$87,984	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$5,777,636	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$288,882	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$288,882	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$3,714	TaxBasedOnInvestmentIncomeAmt
Total Tax	$3,714	TotalTaxAmt
Distributable Before Adj	$285,168	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$137,641	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$422,809	DistributableBeforeDedAmt
Distributable As Adjusted	$422,809	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$244,779	ExpensesAndContributionsAmt
Program Related Invst Total	$181,553	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$426,332	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$3,714	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$422,618	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$422,809	DistributableAsAdjustedAmt
Undistributed Income PY	$2,728	UndistributedIncomePYAmt
Qualifying Distributions	$426,332	QualifyingDistributionsAmt
Applied To Year1	$2,728	AppliedToYear1Amt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$422,809	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$795	RemainingDistriFromCorpusAmt
Total Corpus	$795	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$795	ExcessDistriCyovToNextYrAmt
Excess From Current Year	$795	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	M VERNA BUTTERER EDUCATIONAL TRUST	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 273	AddressLine1Txt
City	FOUNTAINVILLE	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	18923	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	2152490503	RecipientPhoneNum
Form And Info And Materials	The form in which application should be submitted is available through public and private high school guidance departments as well as colleges and universities in Bucks County.The Educational Trust distributes applications by mail to any individual that makes the request.The application form is attached hereto and now available on line at the website of the organization.	FormAndInfoAndMaterialsTxt
Submission Deadlines	MARCH 15	SubmissionDeadlinesTxt
Restrictions On Awards	Restricted to Bucks County, PA needy residents	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (43 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
Alderfer Laura
936 Route 113	Sellersville	PA	18960	None	N/A	Educational Scholarship	$3,500
Do-Nguyen Ton
690 Bellevue Avenue	Penndel	PA	19046	NONE	N/A	Educational Scholarship	$3,500
Hollenbach Rebecca
600 Rocky Valley Road	Quakertown	PA	18951	NONE	N/A	Educational Scholarship	$7,000
Muro Emily
898 Coolidge Ct	Warrington	PA	18976	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$3,500
Knipe Julia
3204 Mill Road	Doylestown	PA	18902	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$6,844
Lewis Kelsey
1009 Telegraph Road	Perkasie	PA	18944	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$3,500
Lynn Nicole
111 Buttercup Blvd	Warrington	PA	18976	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$7,000
Rolleri Carson
904 Fonthill Dr Apt J4	Doylestown	PA	18901	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$3,830
Rotenberger John
2330 Milford Square Pike	Quakertown	PA	18951	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$7,000
Walker Kayla
3131 Knights Rd Apt 4-55	Bensalem	PA	19020	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$1,920
Worley Laura
3234 Malinda Drive	Bristol	PA	19007	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$3,500
Brawn Amanda
5851 Village Lane	Doylestown	PA	18902	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$3,500
Curcuru Jo Ann
PO Box 461	Fairless Hills	PA	19020	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$4,564
D'Aguanno Kaitlyn
1200 Byberry Road	Bensalem	PA	19020	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$3,789
Gehman Danielle
1725 Gruversville Road	Richlandtown	PA	18955	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$7,000
Gilley Alyssa
1859 Mountain View Drive	Quakertown	PA	18951	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$7,000
Lynn Jessica
111 Buttercup Blvd	Warrington	PA	18976	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$7,000
Merius Julissa
223 West Trenton Avenue	Morrisville	PA	19067	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$3,500
Rice Molly
1235 Oak Lane	Quakertown	PA	18951	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$1,568
Spause Brianna
12852 Medford Road	Philadelphia	PA	19154	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$2,223
Ott Justin
3216 Mary Street	Pittsburgh	PA	15203	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$6,990
Rolleri Addison
904 Fonthill Drive Apt J4	Doylestown	PA	18902	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$7,000
Rupert Candice
8 Farber Drive	Chalfont	PA	18914	NONE	N/A	Educational Scholarship	$3,254
Tharakan Jasmine
639 Stream Ridge Lane	Feasterville	PA	19053	NONE	N/A	Educational Scholarship	$6,900
Vogel Benjamin
14 Essex Lane	Langhorne	PA	19047	NONE	N/A	Educational Scholarship	$2,310
Yaun Caitlin
371 Gross Road	Quakertown	PA	18951	NONE	N/A	Educational Scholarship	$1,767
Alderfer Benjamin
936 Route 113	Sellersville	PA	18960	NONE	N/A	EDUCATIONAL SCHOLARSHIP	$7,000
HELLER MICHAEL JR
1012 Laings Avenue	Bristol	PA	19007	NONE	N/A	EDUCATIONAL AWARD	$2,197
RUSH EMILY
324 Tohickon Avenue	QUAKERTOWN	PA	18951	NONE	N/A	EDUCATIONAL AWARD	$3,100
Sattele JESSICA
517 Upper Church Road	PERKASIE	PA	18944	NONE	N/A	EDUCATIONAL AWARD	$4,975
Hauber ALEXIS
263 Waltham Road	FAIRLESS HILLS	PA	19030	NONE	N/A	EDUCATIONAL AWARD	$1,131
Smith EMILY
100 W Fairview Avenue	LANGHORNE	PA	19047	NONE	N/A	EDUCATIONAL AWARD	$7,000
BROWN REBECCA
1717 Maple Avenue	Croydon	PA	19021	NONE	N/A	EDUCATIONAL AWARD	$1,765
Carroll FAITH
436 Pond Street	BRISTOL	PA	19007	NONE	N/A	EDUCATIONAL AWARD	$1,610
CoughlinSARAH
3129 Rickert Road	PERKASIE	PA	18944	NONE	N/A	EDUCATIONAL AWARD	$1,864
Schenk KELLY
405 Hagan Court	DOYLESTOWN	PA	18901	NONE	N/A	EDUCATIONAL AWARD	$2,962
WEBER BRYCE
2470 Ironwood Drive	JAMISON	PA	18929	NONE	N/A	EDUCATIONAL AWARD	$4,448
MC GEHEAN JULIA
137 Pine Lane	Yardley	PA	19067	NONE	N/A	EDUCATIONAL AWARD	$7,000
PAI Anisha
2009 Fairmount Drive	JAMISON	PA	18929	NONE	N/A	EDUCATIONAL AWARD	$524
Hebling JADE LIN
135 Bishops Gate Lane	DOYLESTOWN	PA	18901	NONE	N/A	EDUCATIONAL AWARD	$6,058
Bailey LAURA
5958 Shetland Drive	DOYLESTOWN	PA	18902	NONE	N/A	EDUCATIONAL AWARD	$5,225
BURGER Cassandra
40 Highland Drive	YARDLEY	PA	19067	NONE	N/A	EDUCATIONAL AWARD	$3,110
STANNIK STINA
3160 Ash Mill Rd	DOYLESTOWN	PA	18902	NONE	N/A	EDUCATIONAL AWARD	$2,125

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$181,553	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,560	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$233,757	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	$136,129	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$235,317	ExclusionAmt
Related Or Exempt Function Incm	$136,129	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$371,446	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

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

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp (20 entries)

BondBondNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
Aetna Services	$355,254	$436,324
First Union Cap	$184,254	$268,752
NationsBank	$297,754	$354,156
Weyerhaeuser	$302,629	$361,305
FORD MOTOR CREDIT	$191,966	$220,014
HERTZ CORPORATION	$108,079	$109,725
TCI COMMUNICATIONS	$76,804	$106,452
GOODYEAR TIRE & RUBBER	$150,755	$186,705
MORGAN STANLEY 6%
HARTFORD 6%	$265,440	$319,377
ALCOA	$123,625	$114,800
CREDIT SUISSE 5.4%	$94,496	$109,287
GOLDMAN SACHS 6.45%	$191,512	$224,066
VIRTUS MULTI SECT SHT TRM BD C	$200,000	$193,376
MORGAN STANLEY 5.75%	$50,585	$56,169
HEWLETT PACKARD 4.3%	$48,959	$50,400
BERKSHIRE 4.40%	$99,958	$101,458
DOW CHEMICAL 4.747%	$94,255	$85,164
MORGAN STANLEY 4.35%	$99,776	$100,406
AT&T 4.702%	$194,809	$180,380

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	INVESCO VK GR & INC (NAME CHANGE)	StockNm
EOY Book Value	$1,401,734	EOYBookValueAmt
EOYFMV	$1,562,317	EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Advertising	$13	$13
Dues	$750	$750
Liability Insurance	$1,335	$1,335
Office Supplies	$896	$896
Postage Expense	$486	$486
Safe Deposit Box	$135	$135
Telephone Expense	$785	$785

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	Rounding	Desc
EOY Book Value	$1	EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	ATTORNEY	CategoryTxt
Amt	$757	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$757	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	Estimated Deposits	CategoryTxt
Amt	$600	Amt