2024-11-14T09:25:43-06:00 2023-12-31 232108173 RKL LLP 102 PICKERING WAY STE 300 EXTON PA 19341 990 2023-01-01 233088386 PENNGIFT FOUNDATION INC PENN 6102861936 PO BOX 121 ELVERSON PA 19520 JAMES A COX JR MANAGING DIRECTOR, EFF. 1/1/24 6102861936 2024-11-12 1 0 STEPHANIE E KANE CPA P01275157 4848742200 2024-11-07 2023 2024-10-15 13:58:12Z SAMUEL E ROHRER PO BOX 121 ELVERSON PA 19520 3174801 0 X WWW.PENNGIFT.ORG X 2001 PA TO PROVIDE SCHOLARSHIP ASSISTANCE TO FAMILIES WITH CHILDREN ATTENDING PRIVATE SCHOOLS 5 5 3 4 0 0 1961226 3170452 0 0 279 4349 26096 0 1987601 3174801 1086538 1651651 0 0 63113 112646 0 0 0 112779 165561 1262430 1929858 725171 1244943 2360118 3605061 0 0 2360118 3605061 TO PROVIDE SCHOLARSHIP ASSISTANCE TO FAMILIES WITH CHILDREN ATTENDING PRIVATE SCHOOLS. 0 0 1392149 1392149 TO PROVIDE SCHOLARSHIP ASSISTANCE TO FAMILIES WITH CHILDREN ATTENDING PRIVATE SCHOOLS. IN 2023, SCHOLARSHIPS WERE AWARDED FOR STUDENTS IN THREE CALSSES: PRE-KINDERGARTEN, KINDERGARTEN THROUGH 8 GRADE, AND GRADES 9 THROUGH 12. A TOTAL OF 579 SCHOLARSHIPS WERE GIVEN. 259502 259502 THE OPPORTUNITY SCHOLARSHIP PROGRAM PROVIDES SCHOLARSHIP ASSISTANCE TO FAMILIES WITH CHILDREN ATTENDING SCHOOLS WITHIN THE BOUNDARY OF A LOW-ACHIEVING SCHOOL. IN 2023, SCHOLARSHIPS WERE AWARDED FOR STUDENTS IN THREE CLASSES: PRE-KINDERGARTEN, KINDERGARTEN THROUGH 8 GRADE, AND GRADES 9 - 12. A TOTAL OF 200 SCHOLARSHIPS WER GIVEN. 1651651 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 3 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 PA X MARLA J FREY 6102861936 PO BOX 121 83 W MAIN STREET ELVERSON PA 19520 SAMUEL E ROHRER PRESIDENT 5.00 X X 0 0 0 GERALD W THACKER SECRETARY 5.00 X X 0 0 0 JERALD M BIRMELIN TREASURER; MANAGING DIRECT 30.00 X X 0 0 0 MARK M GILLIN DIRECTOR 5.00 X 0 0 0 JAMES A COX JR DIRECTOR 5.00 X 23122 0 0 23122 0 0 0 0 0 0 0 3170452 3170452 4349 4349 3174801 0 0 4349 1651651 1651651 84148 84148 28498 28498 45427 45427 1342 1342 7329 7329 9436 9436 13049 13049 4326 4326 OTHER EXPENSES 84652 84652 1929858 1651651 278207 0 2360118 3605061 2360118 3605061 0 0 X 168265 160144 2191853 3444917 2360118 3605061 2360118 3605061 1244943 0 X X 0 1 X 1 0 X 888236 864597 936851 1961226 3170452 7821362 888236 864597 936851 1961226 3170452 7821362 4091338 3730024 724 286 102 279 4349 5740 26096 26096 7853198 0.47500 0.61480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 3174801 0 3174801 0 3174801 1929858 0 1929858 0 1929858 PART X, LINE 2: MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN AND CONCLUDED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE US FEDERAL, STATE AND LOCAL TAX AUTHORITIES FOR YEARS BEFORE DECEMBER 31, 2020. 1 EDUCATION SCHOLARSHIP 779 1651651 PART I, LINE 2: THE FUNDS ARE APPLIED TO THE ACCOUNTS OF STUDENTS SELECTED AT PARTICULAR SCHOOLS. AN AFFIDAVIT OF THE DISTRIBUTION OF FUNDS IS SIGNED BY EACH SCHOOL AND KEPT BY PENNGIFT FOUNDATION INC. FORM 990, PART V, LINE 1C: THE ORGANIZATION DID NOT HAVE ANY INSTANCES WHERE BACKUP WITHHOLDING WAS REQUIRED; HOWEVER, IF THE SITUATION WOULD ARISE, THE ORGANIZATION IS AWARE OF THE REPORTING REQUIREMENTS AND WOULD HANDLE THAT ACCORDINGLY. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE RETURN IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW, HOWEVER THE RETURN CAN BE FILED WITH THE APPROVAL OF ONLY THE MANAGING DIRECTOR IF IT IS NOT POSSIBLE FOR THE ENTIRE BOARD TO REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION C, LINE 18 FORM 1023 AND FORM 990 ARE AVAILABLE FOR INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL INFORMATION OUTSIDE OF THE FORMS 1023 AND 990 ARE NOT AVAILABLE TO THE PUBLIC FOR INSPECTION. FORM 990, PART XII, LINE 2C: NO CHANGES TO THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS WERE MADE DURING THE TAX YEAR. PENNGIFT SPE LLC 83 WEST MAIN STREET ELVERSON PA 19520 844226875 CHARITABLE PA 0 0 PENNGIFT SPE 2 LLC 83 WEST MAIN STREET ELVERSON PA 19520 850763457 CHARITABLE PA 0 0 PENNGIFT SPE 3 LLC 83 WEST MAIN STREET SUITE 2 ELVERSON PA 19520 850773527 CHARITABLE PA 0 0 PENNGIFT SPE 4 LLC 83 WEST MAIN STREET ELVERSON PA 19520 862896070 CHARITABLE PA 0 0 PENNGIFT SPE 5 LLC 83 WEST MAIN STREET SUITE 2 ELVERSON PA 19520 863092438 CHARITABLE PA 0 0 PENNGIFT SPE 6 LLC 83 WEST MAIN STREET ELVERSON PA 19520 863119665 CHARITABLE PA 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PENNGIFT SPE LLC C 350000 PENNGIFT SPE 2 LLC C 872250 PENNGIFT SPE 3 LLC C 45500 PENNGIFT SPE 4 LLC C 600000 PENNGIFT SPE 6 LLC C 600000 PENNGIFT SPE 5 LLC C 10000