Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
PENN COMMUNITY BANK FOUNDATION
 
% FOUNDATION - PERKASIE PA
Number and street (or P.O. box number if mail is not delivered to street address)219 SOUTH NINTH STREET PO BOX 176
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PERKASIE, PA189440176
A Employer identification number

23-2984663
B Telephone number (see instructions)

(215) 257-5035
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$8,192,056J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 915,450
2 Check right arrow.............
3 Interest on savings and temporary cash investments 55,325 55,325  
4 Dividends and interest from securities... 210,250 210,250  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 788,569
b Gross sales price for all assets on line 6a 5,060,076
7 Capital gain net income (from Part IV, line 2)... 788,569
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,969,594 1,054,144  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
21,523 0 0 0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 21,523 0 0 0
25 Contributions, gifts, grants paid....... 882,890 882,890
26 Total expenses and disbursements. Add lines 24 and 25 904,413 0 0 882,890
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,065,181
b Net investment income (if negative, enter -0-) 1,054,144
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 27,424 24,134 24,134
2 Savings and temporary cash investments......... 1,522,115 2,304,819 2,304,819
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,470,214 Click to see attachment
List of Attached Documents:
// Content
5,755,981 		5,863,103
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,019,753 8,084,934 8,192,056
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 7,019,753 8,084,934
29 Total net assets or fund balances (see instructions)..... 7,019,753 8,084,934
30 Total liabilities and net assets/fund balances (see instructions). 7,019,753 8,084,934
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
7,019,753
2
Enter amount from Part I, line 27a .....................
2
1,065,181
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
8,084,934
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,084,934
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a EQUITIES & BONDS      
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 5,060,076   4,271,507 788,569
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       788,569
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 788,569
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 14,653
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 14,653
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 14,653
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 9,233
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 9,233
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 5,420
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
 
No
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowPA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowFOUNDATION - PERKASIE PA Telephone no.right arrow (215) 257-5035

Located atright arrow219 SOUTH NINTH STREET PO BOX 176PERKASIEPA ZIP+4right arrow189440176
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
WILLIAM P LARKIN JR CHAIRMAN OF THE BOARD
0 		0 0 0
219 S NINTH ST PO BOX 176
PERKASIE,PA189440176
STEPHANIE SCHWARTZBERG GENERAL COUNSEL & SECRETARY
0 		0 0 0
219 S NINTH ST PO BOX 176
PERKASIE,PA189440176
CHARLES FIELD EVP, CFO
0 		0 0 0
219 S NINTH ST PO BOX 176
PERKASIE,PA189440176
JEANE M Vidoni PRESIDENT & CEO
0 		0 0 0
219 S NINTH ST PO BOX 176
PERKASIE,PA189440176
Bernard Tynes EXECUTIVE DIRECTOR
0 		0 0 0
219 S Ninth St PO BOX 176
Perkasie,PA189440176
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
 
Total number of other employees paid over $50,000...................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
 
Total number of others receiving over $50,000 for professional services.............right arrow  
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
5,688,938
b
Average of monthly cash balances.......................
1b
2,325,998
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
8,014,936
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
8,014,936
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
120,224
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
7,894,712
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
394,736
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
394,736
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
14,653
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
14,653
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
380,083
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
380,083
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
380,083
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
882,890
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
882,890
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 380,083
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:2022, 2021, 2020 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 353,695
b From 2020...... 247,384
c From 2021...... 333,262
d From 2022...... 748,023
e From 2023...... 604,084
f Total of lines 3a through e ........ 2,286,448
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 882,890
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount..... 380,083
e Remaining amount distributed out of corpus 502,807
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 2,789,255
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		353,695
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		2,435,560
10 Analysis of line 9:
a Excess from 2020.... 247,384
b Excess from 2021.... 333,262
c Excess from 2022.... 748,023
d Excess from 2023.... 604,084
e Excess from 2024.... 502,807
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
NONE
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
NONE
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
William P Larkin co Penn Comm Bk
219 S NINTH ST PO BOX 176
PERKASIE,PA189440176
(215) 257-5035
bThe form in which applications should be submitted and information and materials they should include:
Request via letter detailing organization's activities.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
501(c)(3) organizations in various counties throughout Pennsylvania.
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

A Woman's Place

Pennsylvania 611
Doylestown,PA18901 		None   Grant 5,000

Bucks County Community College

275 Swamp Road
Newtown,PA18940 		None   Annual Operating Fund 23,600

Bucks County Opportunity Council

100 Doyle Street
Doylestown,PA18901 		None   Day of Service 43,000

Chalfont Fire Company

301 North Main Street
Chalfont,PA18914 		None   Annual Operating funds 0

Doylestown Fire Company

68 Shewell Avenue
Doylestown,PA18901 		NONE   Annual Operating Funds 0

Dublin Fire Company

194 North Main Street
Dublin,PA18917 		NONE   Contribution 5,000

Habitat for Humanity

31 Oak Avenue 100
Chalfont,PA18914 		None   Annual Operating Funds 0

Keystone Opportunity Council

104 North Main Street
Souderton,PA18964 		None   Grant 11,000

Lutheran Home at Telford

12 Lutheran Home Drive
Telford,PA18969 		None   ANNUAL OPERATING FUND 5,000

Mercer Museum

84 South Pine Street
Doylestown,PA18901 		None   Event Sponsorship 0

Midway Fire Company

5770 US 202
Lahaska,PA18931 		None   Annual Operating Funds 0

Milford Township Fire Department

2185 Milford Square Pike
Quakertown,PA18951 		None   Annual Operating Fund 0

Ottsville Fire Company

249 Durham Road
Ottsville,PA18942 		None   Annual Operating Funds 0

Penn Foundation

807 Lawn Avenue
Sellersville,PA18960 		None   ANNUAL OPERATING FUND 0

Perkasie Fire Company

100 North 5th Street
Perkasie,PA18944 		None   Annual Operating Funds 5,000

Perkasie Olde Towne Association

PO Box 424
Perkasie,PA18944 		None   Annual operating funds 0

Quakertown Fire Department

1319 Park Avenue
Quakertown,PA18951 		None   Annual operating funds 0

Richlandtown Fire Company No 1

125 South Main Street
Richlandtown,PA18955 		None   Annual operating funds 2,500

Riegelsville Fire Company

333 Delaware Road
Riegelsville,PA18077 		None   Annual operating funds 0

Sellersville Fire Department

2 North Main Street
Sellersville,PA18960 		None   Annual operating funds 0

West End Volunteer Fire Dept

1319 Park Avenue
Quakertown,PA18951 		None   Annual operating funds 0

United Way Bucks County-PCB Team Match

413 Hood Blvd
Fairless Hills,PA19030 		NONE   Annual Operating Fund 0

YWCA

2425 Trevose Rd
FeastervilleTrevose,PA19053 		NONE   Grant 2,000

Big Brothers Big Sisters

2875 York Rd
Jamison,PA18929 		NONE   ANNUAL OPERATING FUND 5,000

Bristol Riverside Theatre

120 Radcliffe St
Bristol,PA19007 		NONE   Annual Operating Funds 17,000

Family Services Association

4 Cornerstone Drive
Langhorne,PA19047 		NONE   Event Sponsorship 30,000

HealthLink Medical Center

1775 Street Rd
Southhampton,PA18966 		NONE   Annual Operating Fund 0

James A Michener Art Museum

138 S Pine St
Doylestown,PA18901 		NONE   Annual Operating Funds 10,500

VITA

909 Green St
Harrisburg,PA17102 		NONE   Annual Operating Funds 0

Youth Orchestra of Bucks County

275 Swamp Rd
Newton,PA18940 		NONE   Annual Operating Funds 2,500

Central Counseling Center

1960 S Easton Rd
Doylestown,PA18940 		NONE   ANNUAL OPERATING FUND 0

Network of Victim Assistance (NOVA)

2370 Old York Rd SUITE B1
Jamison,PA18929 		NONE   Contribution 16,500

Washington Crossing Council BSA

1 Scout Way
Doylestown,PA18901 		NONE   Event Sponsorship 5,600

Ann Silverman Community Health Clinic

595 W State Street
Doyleston,PA18901 		NONE   Event Sponsorship 15,800

Plumdsteadville Fire Company

5064 Stump Road
Plemsteadville,PA18949 		NONE   ANNUAL OPERATING FUND 0

Salvation Army

701 N Broad Street
Philadelphia,PA19123 		NONE   ANNUAL OPERATING FUND 250

CB Cares Educational Foundation

252 W Swano Riad 5
Doylestown,PA18901 		None   ANNUAL OPERATING FUND 2,000

Tabor Services Inc

57 E Armat Street
Philadelphia,PA19144 		None   ANNUAL OPERATING FUND 0

Twilight Wish

11 Duane Road
Doylestown,PA18901 		None   Grant 2,500

Children's Development Program

995 Doylestown Pike
Quakertown,PA18951 		None   ANNUAL OPERATING FUND 0

Bucks County Health Improvement Partnership

2546 Knights Read
Bensalem,PA19020 		None   Event Sponsorship 1,500

Bucks County SPCA

1665 Street Road
New Hope,PA18938 		None   Day of Service 5,000

Pearl S Buck International Inc

520 Dublin Road
Perkasie,PA18944 		None   Contribution 5,000

Pearl S Buck International Inc (5-Yr Pledge)

520 Dublin Raod
Perkasie,PA18944 		None   Special Program 0

Rolling Harvest Food Rescue

PO Box 693
New Hope,PA18938 		None   Grant 10,500

YMCA of Bucks County

2500 Lower State Road
Doylestown,PA18901 		None   Event Sponsorship 0

YMCA of Buck County Capital Campaign

2500 Lower State Road
Doylestown,PA18901 		None   SPECIAL PROGRAM 0

AUTO DEALERS CARING FOR KIDS

3311 SWEDE ROAD SUITE A
EAST NORRITON,PA19401 		NONE   ANNUAL OPERATING FUND 5,000

BUCKS COUNTY CHORAL SOCIETY

252 WEST SWAMP ROAD SUITE 5
DOYLESTOWN,PA18901 		NONE   ANNUAL OPERATING FUND 0

ST LUKE'S UNIVERSITY HEALTH NETWORK

801 OSTRUM STREET
BETHLEHEM,PA18015 		NONE   ANNUAL OPERATING FUND 12,000

UNITED WAY BUCK COUNTY - COVID-19

413 Hood Blvd
Fairless Hills,PA19030 		NONE   Special Program 0

United Way Bucks County

413 Hood Blvd
Fairless Hills,PA19030 		NONE   Day of Service 75,000

Fisherman's Mark

37 S Main St
Lambertville,NJ08530 		NONE   ANNUAL OPERATING FUND 0

Jenkintown Food Pantry

328 Summit Ave
Jenkintown,PA19046 		NONE   ANNUAL OPERATING FUND 0

Ninth Street Alarm Response Gratitude

311 S 9th St
Perkasie,PA18944 		NONE   ANNUAL OPERATING FUND 0

Penn Community Bank Workplace Connections

219 South Ninth Street
PO Box 176
Perkasie,PA18944 		None   ANNUAL OPERATING FUND 0

Garden of Health

201 Church Rd
North Wales,PA19454 		NONE   ANNUAL OPERATING FUND 10,000

Abington Fire Company

1920 Horace Ave
Abington,PA19001 		    Annual Operating Fund 0

Bensalem Fire Rescue (Eddington Relief Fund)

2700 Eddington Ave
Bensalem,PA19020 		NONE   Annual Operating Fund 0

Bristol Fire Company

198 Wood St
Bristol,PA19007 		NONE   Annual Operating Fund 0

Bucks County Herald

875 North Easton Road Suite 1
Doylestown,PA18902 		NONE   Event Sponsorship 12,500

David's New Day

33 Summer Dr
Southampton,PA18966 		NONE   Event Sponsorship 7,500

Economic Development - Startup Bucks 2022

54 East Oakland Avenue
Doylestown,PA18901 		NONE   Annual Operating Fund 0

HELP CenterUnited Way - Coordinated Funding

194 Commerce Circle
Bristol,PA19007 		NONE   Annual Operating Fund 0

Jenkingtown Food Pantry

328 Summit Ave
Jenkintown,PA19046 		NONE   Annual Operating Fund 0

Langhorne Middletown Fire Co Station 22

1741 Langhorne Yardley Rd
Langhorne,PA19047 		NONE   Annual Operating Fund 0

Levittown Fire Co No 2

6 County Way
Levittown,PA19055 		NONE   Annual Operating Fund 0

Lutheran Home at Telford (3-Yr Pledge)

12 Lutheran Home Drive
Telford,PA18969 		NONE   Special Program 0

New Hope Eagle Fire Co

46 Sugan Rd
New Hope,PA18938 		NONE   Annual Operating Fund 0

Newtown Fire Association

14 Liberty Street
Newtown,PA18940 		NONE   Annual Operating Fund 0

One House At A Time- Bed for Kids

411 Susquehanna Road
Ambler,PA19002 		NONE   Annual Operating Fund 0

Penndel Fire Co Station 8

220 Centre St
Penndel,PA19047 		NONE   Annual Operating Fund 0

Perkasie Towne Improvement Association

PO Box 424
Perkasie,PA18944 		NONE   Contribution 3,600

Philadelphia OIC (BankWork)

1231 N Broad St
Philadelphia,PA19122 		NONE   Annual Operating Fund 0

Southampton Fire Co No 1

925 Street Rd
Southampton,PA18966 		NONE   Annual Operating Fund 0

United Way Covid19 Recovery Fund

413 Hood Blvd
Fairless Hills,PA19030 		NONE   Annual Operating Fund 0

United Way Lower Bucks Flood and Tornado Recovery

413 Hood Blvd
Fairless Hills,PA19030 		NONE   Special Program 0

Warminster Fire Department

400 Centennial Rd
Warminster,PA18974 		NONE   Annual Operating Fund 0

Willow Grove CDC

210 Cedar Ave
Willow Grove,PA19090 		NONE   Annual Operating Fund 25,000

Worthwhile Wear

PO Box 660
Silverdale,PA18962 		NONE   Annual Operating Fund 5,000

Yardley Makefield Station 80

664 Stony Hill Rd
Yardley,PA19067 		NONE   Annual Operating Fund 0

YMCA of Bucks County (5-Yr Pledge)

2500 Lower State Road
Doylestown,PA18901 		NONE   Special Program 0

Credit Counseling Center

11 Welden Dr
Doylestown,PA18901 		NONE   Event Sponsorship 3,500

Legal Aid SEPA

1230 Veterans Highway
Suite F-13 Box 809
Bristol,PA19007 		NONE   Annual Operating Fund 0

Palisades Community Chorus

367 Cafferty Rd
Pipersville,PA18947 		NONE   Annual Operating Fund 0

Pennridge Community Day

Lenape Park
Perkasie,PA18944 		NONE   Event sponsorship 0

Pennridge FISH

800 W Chestnut St
Perkasie,PA18944 		NONE   Annual Operating Fund 2,500

Palisades Comm Found (Jolly Roger)

PO Box 194
Kintersville,PA18930 		NONE   Annual Operating Fund 0

Livengrin

4833 Hulmeville Rd
Bensalem,PA19020 		NONE   Annual Operating Fund 0

Aldie Counseling Center

11 Welden Drive
Doylestown,PA18901 		NONE   Annual Operating Fund 0

Bucks County Housing Group

626 Jacksonville Road
Suite 140
Warminster,PA18974 		NONE   Annual Operating Fund 5,000

Bucks Beautiful- Bob Byers Sr Memoriam

85 E State St
Doylestown,PA18901 		NONE   Annual Operating Fund 1,000

Advocates for the Homeless

PO Box 184
Fairless Hills,PA19030 		    Day of Service 0

Allentown Area Ecumenical Food Bank

417 N 14th St
Allentown,PA18102 		    Grant 2,500

Bristol Riverside Theater - Gala Sponsor

120 Radcliffe St
Bristol,PA19007 		    Sponsorship 0

Bucks County Bar Association

135 E State St
Doylestown,PA18901 		    Grant 5,000

Bucks County Drug & Alcohol Commission

55 E Court St Fl 4
Doylestown,PA18901 		    Contribution 0

Bucks County Herald Foundation

5761 Lower York Rd
Lahaska,PA18931 		    Contribution 0

Chalfont Emergency Medical Services Inc

201 Park Ave
Chalfont,PA18914 		    Grant 0

Children's Developmental Program

995 Doylestown Pike
Quakertown,PA18951 		    Contribution 0

Coalition to Chelter and SL

196 W Ashland St
Doylestown,PA18901 		    Contribution 1,200

Community Action Committee of the Legigh Valley

1337 E 5th St
Bethlehem,PA18015 		    Event Sponsorship 5,000

Consumer Credit Counseling Service of Delaware Val

1635 Market St
Philadelphia,PA19103 		    Contribution 25,000

Cradle of Liberty Council

1485 Valley Forge Rd
Wayne,PA19087 		    Grant 0

Destined for A Dream

1272 Veterans Hwy
Bristol,PA19007 		    Grant 3,000

Easter Seals of Southeastern PA

3975 Conshohocken Ave
Philadelphia,PA19131 		    Grant 5,000

Family Service of Montgomery Co

3125 Ridge Pike
Eagleville,PA19403 		    Grant 0

First Tee Greater Philadelphia

800 Walnut Ln
Philadelphia,PA19128 		    Contribution 0

Foundations Community Partnerships

1456 Ferry Rd Ste 404
Doylestown,PA18901 		    Event Sponsorship 4,500

Garden of Reflection

1950 Woodside Rd
Yardley,PA19067 		    Event Sponsorship 325

Grand View Health Foundation

700 Lawn Ave 1
Sellersville,PA18960 		    Contribution 0

Grand View Hospital Auxiliary

700 Lawn Ave 1
Sellersville,PA18960 		    Contribution 0

Grundy Foundation

680 Radcliffe St
Bristol,PA19007 		    Event sponsorship 6,000

Habitat For Humanity

3815 Latrobe Dr
Charlotte,NC28211 		    Day of Service 0

Habitat for Humanity of Bucks County

1337 Lincoln Hwy
Levittown,PA19056 		    Event Sponsorship 20,000

Habitat for Humanity of Montgomery County

533 Foundry Rd
East Norriton,PA19403 		    Contribution 10,000

Hepattis B Foundation

3805 Old Easton Rd
Doylestown,PA18902 		    Sponsorship 0

Heritage Conservancy

85 Old Dublin Pike
Doylestown,PA18901 		    Event Sponsorship 12,500

Ivy Hill Foundation

PO Box 23
Earlington,PA18918 		    Sponsorship 5,000

Ivy Hill Therapeutic Equestrian Center

1811 Mill Rd
Perkasie,PA18944 		    Event Sponsorship 0

James A Michener Art Museum

138 South Pine Street
Doylestown,PA18901 		    Contributions 0

Jenkintown Food Cupbroard

328 Summit Ave
Jenkintown,PA19046 		    Day of Service 0

Junior Acheivement of Southeastern PA

145 Swedesford Rd 1071
Wayne,PA19087 		    Grant 10,000

Keystone Opportunity Center

104 N Main St
Souderton,PA18964 		    Contribution 0

Kidspeace Foundation

1620 Broadway
Bethlehem,PA18015 		    Event Sponsorship 2,200

Lenape Valley Foundation

500 N West St
Doylestown,PA18901 		    Event Sponsorship 5,000

Lutheran Community At Telford

12 Lutheran Home Dr
Telford,PA18969 		    Event Sponsorship 5,000

Manna on Main Street

606 E Main St
Lansdale,PA19446 		    Event Sponsorship 10,000

Mercer Museum

84 S Pine St
Doylestown,PA18901 		    Contribution 6,000

Miracle Field of Horsham

PO Box 183
Horsham,PA19044 		    Contributions 0

Montgomery Child Advocacy

409 Cherry St
Norristown,PA19401 		    Event Sponsorship 0

Montgomery County Community College

340 Dekalb Pike
Blue Bell,PA19422 		    Contribution 0

Mount Saint Joseph Academy

120 W Wissahickon Ave
Flourtown,PA19031 		    Contribution 0

Network of Victim Assistance

2370 York Road Suite B1
Jamison,PA18929 		    Contribution 0

New Promise Foundation

400 Crossing Dr
Bristol,PA19007 		    Grant 0

Newtown Arts Company

120 N State St
Newtown,PA18940 		    Grant 1,500

Opportunities Industrial

402 E Virginia St
Rocky Mount,NC27801 		    Grant 0

Pennridge Community Day Inc

538 West Market Street
Perkasie,PA18944 		    Contribution 0

Perkasie Town Improvement Association

PO Box 424
Perkasie,PA18944 		    Contribution 0

Philabundance

3616 S Galloway St
Philadelphia,PA19148 		    Day of Service 0

Plumstead Historical Society

PO Box 1725
Plumsteadville,PA18949 		    Contribution 0

Pride of Quakertown

PO Box 437
Quakertown,PA18951 		    Grant 2,000

Quakertown Alive

312 W Broad St
Quakertown,PA18951 		    Event Sponsorship 3,500

Quakertown Fire Co

67 Quakertown Rd
Pittstown,NJ08867 		    Contribution 0

Rest Connection

1813 Old Bethlehem Pike
Sellersville,PA18960 		    Grant 0

Riegelsville Fire Company No 1

333 Delaware Rd
Riegelsville,PA18077 		    Contribution 0

Ripple Community Inc

1335 W Linden St
Allentown,PA18102 		    Grant 10,000

Robert James Leonard Foundation

1097 Street Road
New Hope,PA18938 		    Grant 0

Second Harvest Food Bank

500-B Spratt St
Charlotte,NC28206 		    Day of Service 0

Shar's Hands Inc

935 E Lancaster Ave
Downingtown,PA19335 		    Grant 0

Shelly Fire Co DBA Richlandtown Fire Co

64 Shelly Rd
Quakertown,PA18951 		    Contribution 0

Southampton Fire Company

925 Street Rd
Southampton,PA18966 		    Contribution 0

Springtown Community Volunteer Fire Co

3010 Route 212
Hellertown,PW18055 		    Contribution 0

St Lukes University Health

807 Lawn Avenue
Sellersville,PA18960 		    Contribution 0

St Luke's Penn Foundation

807 Lawn Ave
Sellersville,PA18960 		    Contribution 0

Startup Bucks Inc

54 E Oakland Ave
Doylestown,PA18901 		    Contribution 0

Tabor Children's Services Inc

57 E Armat St
Philadelphia,PA19144 		    Event Sponsorship 0

The Christmas Gala

1228 Radcliffe St
Bristol,PA19007 		    Grant 1,000

The Next Step Programs

204 N West St Unit 102
Doylestown,PA18901 		    Contribution 0

The Tileworks of Bucks County

130 E Swamp Rd
Doylestown,PA18901 		    Event Sponsorship 0

The Welcome Project PA

350 S York Rd
Hatboro,PA19040 		    Event Sponsorship 0

The Whole Life Center

600 N Hunter Hwy
Drums,PA18222 		    Grant 0

Towamancin Volunteer Fire Co

1590 Bustard Rd
Harleysville,PA19438 		    Contribution 0

Travis Manion Foundation

164 E State St
Doylestown,PA18901 		    Event Sponsorship 5,000

Tullytown Fire Company

100 Bordentown Rd
Tullytown,PA19007 		    Contribution 0

Village Improvement Assoc

595 W State St
Doylestown,PA18901 		    Sponsorship 3,500

VITA Education Services

8 E Court St
Doylestown,PA18901 		    Grant 10,000

Volunteer Fire Co #1 Dublin

194 N Main St
Dublin,PA18917 		    Contribution 0

West End Fire Department

4203 NC Highway 73
West End,NC27376 		    Contribution 0

Woods Services

2209 Yadkin Ave
Charlotte,NC28205 		    Grant 10,000

Worthwhile Wear Inc

PO Box 660
Silverdale,PA18962 		    Sponsorship 0

Yardley Makefield Fire Company

652 Stony Hill Rd
Yardley,PA19067 		    Contribution 0

YWCA Bucks County

2425 Trevose Rd
Trevose,PA19053 		    Contribution 0

North Penn YMCA

2506 N Broad St
Colmar,PA18915 		    Annual Operating Fund 0

100 Black Men of Philadelphia

440 N Broad St
Philadelphia,PW19130 		    Grant 5,000

Abington Health Foundation

1200 Old York Rd
Abington,PA19001 		    Event Sponsorship 0

Allentown El Sistema Program

23 North 6th Street
Allentown,PA18101 		    Contribution 0

America250PA Road to 2026

1801 Market st
Philadelphia,PA19103 		    Contribution 0

American Cancer Society

1901 Brunswick Ave Ste 100
Charlotte,NC28207 		    Contribution 0

American Heart Association Lehigh Valley

968 Postal Rd Ste 110
Allentown,PA18109 		    Contribution 5,000

Auto Dealers Caring for Kids Coat Drive

3311 Swede Rd
East Norriton,PA19401 		    Grant 0

Battle Borne

PO Box 366
Center Valley,PA18034 		    Event Sponsorship 0

BCCC Center for Advanced Technology

275 Swamp Rd
Newtown,PA18940 		    Multi-Year 0

Big Brothers Big Sisters Bucks County

2875 York Rd
Jamison,PA18929 		    Grant 0

Big Brothers Big Sisters Independence

3801 E Independence Blvd Ste 101
Charlotte,NC28205 		    Event Sponsorship 0

Breastfeeding Resource Center

1355 Old York Rd Ste 101
Abington,PA19001 		    Grant 5,000

Bristol Riverside Theater

120 Radcliffe St
Bristol,PA19007 		    Contribution 0

Bucks County Community College Foundation

275 Swamp Rd
Newtown,PA18940 		    Event Sponsorship 0

Burhome First Aid Corps Inc

830 Bleigh Ave
Philadelphia,PA19111 		    Day of Service 0

Caring for Friends

12271 Townsend Rd
Philadelphia,PA19154 		    Grant 0

Coordinating Council of Health and Welfare

75 Downey Dr
Warminster,PA18974 		    Grant 0

Doylestown Health Foundation

595 W State St
Doylestown,PA18901 		    Event Sponsorship 0

Doylestown Junteenth Inc

84 South Pine Street
Doylestown,PA18901 		    Event Sponsorship 0

Elevate Foundation

3800 Market St Ste 100
Camp Hill,PA17011 		    Event Sponsorship 0

Fine Feather Foundation Inc

526 N Saint Cloud St Ste 4
Allentown,PA18104 		    Grant 2,500

Foundation for Free Enterprise

3076 W 12th St
Erie,PA16505 		    Contribution 5,000

Free Fall Action Sports Community Center Quakertow

670 S Main St
Quakertown,PA18951 		    Grant 10,000

Genesis Housing Corporation

1430 DeKalb St Ste 2020
Norristown,PA19401 		    Contribution 0

Grandview Health Foundaiton

700 Lawn Ave
Sellersville,PA18960 		    Contribution 0

Heathers Way

2564 Skippack Pike
Lansdale,PA19446 		    Contribution 7,500

Hepatitis B Foundation

3805 Old Eason Road
Doylestown,PA18902 		    Event Sponsorship 0

Heroes Scholarship Fund

1971 University Blvd
Lynchburg,VA24515 		    Contribution 2,500

International Festival Foundation

1340 S Valley Forge Rd
Lansdale,PA19446 		    Grant 2,500

Junior Achievement of Southeastern PA

994 Old Eagle School Rd Ste 1014
Wayne,PA19087 		    Grant 0

Livengrin Foundation

4833 Hulmevill Rd
Bensalem,PA19020 		    Contribution 0

Montco Anti Hunger Network (MAHN)

PO Box 1086
Lansdale,PA19446 		    Event Sponsorship 0

Mount Saint Joseph Academy Firebirds Robotics

120 W Wissahickon Ave
Flourtown,PW19031 		    Event Sponsorship 0

National Coalition of 100 Black Women

1718 Peachtree St NW Ste 970
Atlanta,GA30309 		    Grant 0

Old Pine Community Center

401 Lombard St
Philadelphia,PA19147 		    Grant 5,000

One House at a Time OHAAT

3553 Chestnut Ave Ste 2N
Baltimore,MD21211 		    Event Sponsorship 10,000

Peace Center

300 S Main St
Greenville,SC29601 		    Event Sponsorship 0

Pennridge Education Foundation

PO Box 42
Perkasie,PA18944 		    Contribution 0

Pennsylvania Audobon Council - Birdtown PA

100 Wildwood Way
Harrisburg,PA17110 		    Day of Service 0

Perkasie Rotary Foundation

PO Box 452
Perkasie,PA18944 		    Grant 7,000

Police Athletic League

3068 Belgrade St
Philadelphia,PA19134 		    Event Sponsorship 5,000

Rising Tide CACLV

1337 E 5th St
Bethlehem,PA18015 		    Grant 5,000

Salute 2 Service

256 Commerce Cir
Bristol,PA19007 		    Day of Service 0

SAR

809 West Main Street
Louisville,KY40202 		    Contribution 0

Perkasie Park Historical Foundation

200 S 9th St
Perkasie,PA18944 		    Event Sponsorship 0

Second Alarmers

307 Davisville Rd
Willow Grove,PW19090 		    Day of Service 0

Shane and Pepper Foundation

203 N Broad St
Lansdale,PA19446 		    Grant 0

St Luke's Summer Meal Program

701 Osrum St
Fountain Hill,PA18015 		    Grant 0

Start Up Bucks

158 Ashland Rd
Doylestown,PA18901 		    Contribution 0

Telford Fire Company

400 W Broad St
Telford,PA18969 		    Grant 0

United Negro College Foundation UNCF

501 S College St
Charlotte,NC28202 		    Event Sponsorship 0

United Way BKO Hunger

413 Hood Boulevard
Fairless Hills,PA19030 		    Event Sponsorship 0

United Way Employee Match

1250 Penn Ave
Pittsburgh,PW15222 		    Contribution 0

United Way United for Good

601 E 5th St Ste 350
Charlotte,NC28202 		    Event Sponsorship 0

Urban League

740 W 5th St
Charlotte,NC28202 		    Contribution 0

Worthwhile Wear

305 2nd Ave Suite 201
Collegesville,PA19426 		    Event Sponsorship 0

Youth Orchestra Bucks county

111 Pheasant run Ste 100
Newtown,PA18940 		    Grant 0

Young Chances Foundation

2703 Tasker St
Philadelphia,PA19145 		    Grant 5,000

Worthington retirement - Bucks County Opportunity

100 Doyle Street
Doylestown,PA18901 		    Grant 10,000

Academic Oversight Committee Bristol Bourough

545 Pond Street
Bristol,PA19007 		    Grant 2,315

Habitat for Humanity of the Lehigh Valley

245 N Graham Street
Allentown,PA18109 		    Grant 3,500

Abington Art Center Inc

515 Meetinghouse Road
Jenkintown,PA19046 		    Grant 5,000

Allentown Symphony Association

23 North 6th Street
Allentown,PA18101 		    Grant 0

Along the Way Inc

PO Box 128
Wynnewood,PA19096 		    Grant 5,000

Doylestown Juneteenth Inc

PO Box 179
Doylestown,PA18901 		    Grant 2,000

YMCA of Bucks and Hunterdon County

2500 Lower State Road
Doylestown,PA18901 		    Grant 12,500

National Diversity Council

PO Box 940512
Houston,TX77094 		    Grant 4,000

African American Museum of Bucks County

215 E Richardson Avenue
Langhorne,PA19047 		    Grant 2,500

The Monkey & The Elephant

2831 W Girard Avenue
Philadelphia,PA19130 		    Grant 5,000

Soroptimist International of Indian Rock

PO Box 159
Doylestown,PA18901 		    Grant 2,000

Cairn University

200 Manor Avenue
Langhorne,PA19047 		    Grant 5,000

RamPacks

PO Box 171
Richboro,PA18954 		    Grant 1,000

The Tileworks of Bucks County

130 E Swamp Road
Doylestown,PA18901 		    Grant 1,000

Historic Fallsington

4 Yardley Avenue
Fallsington,PA19054 		    Grant 1,000

Bucks-Mont collaborative

PO Box 252
Colmar,PA18915 		    Grant 2,000

Share Food Program

2901 W Hinting Park Avenue
Philadelphia,PA19129 		    Grant 11,500

Bucks County Special Olympics PA

PO Box 396
Doylestown,PA18901 		    Grant 10,000

Greater Easton Development Partnership

325 Northampton Street
Easton,PA18042 		    Grant 10,000

Cohesion Network Inc

PO Box 1062
Doylestown,PA18901 		    Grant 5,000

Hispanic Center Lehigh Valley

520 E 4th Street
Bethlehem,PA18015 		    Grant 5,000

Manufacturers Resource Center (MRC)

7200A Windsor Drive
Allentown,PA18106 		    Grant 10,000

A Home Is a Right - AHARI

PO Box 195
Wynnewood,PA19096 		    Grant 5,000

Central Bucks School District Education Foundation

20 Welden Drive
Doylestown,PA18901 		    Grant 5,000

Shanthi Project

324 Monroe Street
Easton,PA18042 		    Grant 1,000

Women's Animal center

3839 Richlieu Road
Bensalem,PA19020 		    Grant 5,000

Bradbury-Sullivan LGBT Community Center

522 W Maple Street
Allentown,PA18101 		    Grant 5,000

NAMI Bucks County PA

PO Box 355
Doylestown,PA18901 		    Grant 2,500

The Weldon Fire Company of Weldon Pennsylvania

412 Stanton road
Glenside,PA19038 		    Grant 5,000

Bristol Cultural & Historical Foundation

321 Cedar Street
Bristol,PA19007 		    Grant 500

Jack Duffy Empowerment Foundation Inc

PO Box 154
Doylestown,PA18901 		    Grant 500

Philadelphia VIP

1500 Walnut Street Suite 400
Philadelphia,PA19102 		    Grant 5,000

North Wales Home & School Association

201 Summit Street
North Wales,PA19454 		    Grant 1,000

Welcoming the Stranger

PO Box 1156
Langhorne,PA19047 		    Grant 1,500

Central Bucks Emergency Medical Services

455 East Street
Doylestown,PA18901 		    Grant 5,000

Philadelphia Mural Arts Advocates

1727-29 Mt Vernon Street
Philadelphia,PA19130 		    Grant 2,500

Walnut Street Theatre Corporation

825 Walnut Street
Philadelphia,PA19107 		    Grant 10,000

Delaware Valley University

700 E butler Avenue
Doylestown,PA18901 		    Grant 16,000

Women's Center of Montgomery County

101 Washington Lane Suite G-6
Jenkintown,PA19046 		    Grant 5,000

Abington Memorial Hospital Foundation

1200 Old York Road
Abington,PA19001 		    Grant 2,500

LA Mott Fire Company NO 1

7600 Penrose Avenue
Elkins Park,PA19027 		    Grant 5,000

Eastern Upper Bucks Seniors Inc

8040 Easton Road
Ottsville,PA18942 		    Grant 2,000

Valley Wealth Alliance

2615 Mountain Ln
Allentown,PA18103 		    Grant 5,000

Bucks County Children's Museum

500 Union Square Drive
New Hope,PA18938 		    Grant 5,000

Pennsylvania Shakespeare Festival

2755 Station Avenue
Center Valley,PA18034 		    Grant 1,500
Total .................................right arrow 3a 882,890
bApproved for future payment
Total ................................. right arrow 3b  
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 55,325  
4 Dividends and interest from securities ....     14 210,250  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 788,569  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   1,054,144  
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,054,144
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
PENN COMMUNITY BANK FOUNDATION
 
Employer identification number

23-2984663
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
PENN COMMUNITY BANK FOUNDATION
  		Employer identification number
23-2984663
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Penn Community Bank
219 South Ninth St PO Box 176
 
Perkasie, PA18944

$ 915,450


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
PENN COMMUNITY BANK FOUNDATION
  		Employer identification number

23-2984663
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
PENN COMMUNITY BANK FOUNDATION
  		Employer identification number

23-2984663
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
PENN COMMUNITY BANK FOUNDATION
EIN:
23-2984663
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 21,523      

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule
Name:
PENN COMMUNITY BANK FOUNDATION
EIN:
23-2984663
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

TY 2024 InvestmentsOtherSchedule2
Name:
PENN COMMUNITY BANK FOUNDATION
EIN:
23-2984663
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BONDS AT COST 2,141,777 2,134,594
EQUITIES AT COST 3,614,204 3,728,509

TY 2024 TaxesSchedule
Name:
PENN COMMUNITY BANK FOUNDATION
EIN:
23-2984663
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX