2024-02-22T14:19:04-07:00 2023-12-31 990EZ 2023-01-01 817029003 PATRICIA BACHMAN MEMORIAL SCHOLARSHIP FUND PATR 7175072303 214 Eisenhower RD Palmyra PA 17078 Oren Bachman trustee 7175072303 2024-02-22 Oren Bachman 999009999 1 1 11 1 AAL2 2023 2023-04-26 12:10:37Z X X X X 8248 X 6163 0 0 2085 0 0 0 0 0 0 0 0 0 0 0 8248 6000 0 0 0 0 0 5 6005 2243 56841 4846 63930 56841 63930 0 0 0 0 56841 63930 0 0 56841 63930 The Patricia Bachman Memorial Scholarship Fund has as its primary purpose the financial support of Pat's CUBs, a summer educational program offered in the Palmyra Area School District, Palmyra, PA. Patricia Bachman was a principal in the District and was instrumental in starting the program primarily for disadvantaged children. She was a special education teacher prior to becoming a principal and knew that the "summer slide" - the loss of academic progress from the prior school year -affected disadvantaged children more than others. She wanted to provide a way for these kids to practice skills in math, reading, and the arts with professional teachers so that they would be closer to grade level when they returned to school in the fall. The program consists of four weeks of instruction, practice exercises, and other educational activities to maintain and advance reading, math and other academic skills Pat's CUBs summer program in 2023 was disappointing due to several factors - staff turnover being cited by school representatives as a primary reason. 24 students participated and records of improvement were not kept. Assurances have been made to trust administrators that the program will return to the level of effort and participation demonstrated in prior years. 6000 0 0 Oren Bachman Trustee 2 0 0 0 Deb Lang Trustee 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Oren Bachman 214 Eisenhower Rd Palmyra PA 17078 7175072303 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X X X 1 Patricia Bachman Memorial Scholarship Fund Pat's CUBs 817029003 10 1 6000 0 1 6000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 X 1 1 Schedule A, Part IV, Section D, Line 2 Pat's CUBs (aka The Patricia Bachman Memorial Scholarship Fund) exists to support an elementary level summer instruction proram especially for low income households in the Palmyra Area School District, Palmyra PA. The program was named Pat's CUBs in her honor before she passed away from breast cancer in 2016. The fund was established using contributions in her memory and annual donations. The annual program grant is funded by the earnings from assets in the Fund and from current donations. Trustees of Pat's CUBs maintain dialogue with the District's Director of Elementary Education and Business Manager to exchange information regarding other contributors, fundraisers, trust asset earnings and to provide information about the current year's program structure, content, participants, and other program needs. Funding from Pat's CUBs trust assets provides only a portion of the money required to operate the program each summer. Schedule A, Part IV, Section E, Line 2a Pat's CUBs exists to provide supplemental learning activities especially for disadvantaged children by attending an elementary level summer school instruction program in the Palmyra School District. Pat's CUBs is funded by earnings of the trust assets, other private contributors and by the general fund of the district to the extent those funds are available. The annual program grant is funded by the earnings from assets in the Fund and from current donations. Trustees of Pat's CUBs maintain dialogue with the District's Director of Elementary Education and Business Manager to exchange information regarding other contributors, fundraisers, trust asset earnings and to provide information about the current year's program structure, content, participants, and other program needs. Funding from Pat's CUBs trust assets provides only a portion of the money required to operate the program each summer. Schedule A, Part IV, Section E, Line 2b Pat's CUBs operates with approval of the District School Board and typically relies on outside funding to cover as much of the cost as possible. The program is also dependent on the caring dedication and hard work of the teachers who give up 4 weeks of their summer break to lead the instruction. These stakeholders recognize the need for children, especially the underprivileged, to practice what they learned the previous year and thereby arrive more ready to proceed at grade level the following year. Availability of funding from Pat's CUBs and other donors helps assure the program can continue to operate. Form 990-EZ, Part I, Line 16 Foreign tax on mutual fund investments for the year. Form 990-EZ, Part I, Line 20 Gain in market value of mutual fund investments for the year.