William Penn Fraternal Association

“All elected officers and national directors of the william penn association are automatically elected as directors of the organization and will serve for four years. At its annual meeting, nominations are accepted for advisory board members. Those elected will fill the position for one year.”

“The form 990 will be distributed to board members prior to the filing date. The treasurer and/or partner of the accounting firm will review the form 990 and answer any questions. The form 990 will then be amended, if need be, and approved by the board of directors.”

“The organization follows the policies of the william penn association. Every january, the national vice president/secretary distributes conflict of interest questionnaires to every director and officer to complete and return.”

“William penn fraternal association scholarship foundation (wpfasf) will make its governing documents, conflict of interest policy and financial statements available to the public upon request, and will make the documents available for public inspection at the offices of the william penn association (wpa) office.”

“All scholarship grants were issued in the amount of $500. Eight additional prizes were awarded to four of the new grant recipients and four of the renewal grant recipients who submitted essays of 100 words or fewer on a specified topic (first place @ $500; second place @ $300; third place @ $200; fourth place @ $100). New scholarship grants: 54 students @ $500 $27,000 renewal scholarship grants: 98 students @ $500 $49,000 eight additional grants (essay winners): 8 students $ 2,200 total 160 grants to 152 students $78,200”

“No change in the process from the prior year.”