William Penn Life, 1989 (24. évfolyam, 1-12. szám)

1989-04-01 / 4. szám

C P April 1989, William Penn Life, Page 5 46th Notional Bowling Tournament and Scholarship Dogs Pittsburgh ready to greet bowlers PITTSBURGH — An exciting weekend of fun and fraternalism awaits bowlers and guests plan­ning to attend the 46th Annual National Bowling Tournament and Scholarship Days to be held here May 26 to 28. All bowlers interested in enter­ing this year’s tournament and who have not yet sent in their registration forms should mail their entries as soon as possible. All entry forms must be post­marked no later than midnight April 21. Individual bowlers not on a team may enter the tournament. The Home Office will make every effort to place such bowlers on a team if they wish to participate in the team events. In addition to prizes for the top finishers in each event, all qualify­ing bowlers will have a chance to win the grand prize of $10,000. This special prize will be awarded to the bowler who scores a per­fect 300 game. To be eligible to win the $10,000, a bowler must be a life benefit member of the William Penn Association by April 1, 1989, with at least one year’s premium paid. Only games bowl­ed during the singles, doubles and team events will qualify. The weekend will kick-off with the annual meetings of the Wil­liam Penn Fraternal Association Scholarship Foundation and the Louis L. Varga Scholars Guild. The Scholarship Foundation meeting will begin at 5:00 p.m. Friday, May 26, at the Pittsburgh Hilton Hotel, headquarters for this year’s tournament. The Guild will hold its meeting immediately afterwards. Later that evening, all bowlers and their guests will be invited to a special bowlers reception. On Saturday morning, the weekend’s activities shift to Prin­cess Lanes, the site of this year’s bowling competition. Bus trans­portation between the hotel and bowling lanes will be provided to all bowlers. Saturday’s schedule will feature the men’s and women’s team competition, with the singles and doubles events to be held Sunday. Saturday evening, everyone’s focus will shift back to the Hilton Hotel ballroom for the annual tournament awards banquet. During their stay in Pittsburgh, guests may wish to take a special tour of the city or visit the annual Pittsburgh Folk Festival being held that weekend at the nearby Convention Center. Notice of regular meeting of the William Penn Fraternal Association Scholarship Foundation, Inc, and the Louis L, Varga Scholars Guild The next regular meeting of the William Penn Fraternal Association Scholarship Foundation, Inc., and the Louis L. Varga Scholars Guild will be held during our 46th Annual Bowling Tournament and . Scholarship Days in Pittsburgh, Pennsylvania on May 26-28, 1989. This year the meeting will be held at the Pittsburgh Hilton Hotel on Friday, May 26, 1989 at 5:00 p.m. A cordial inviation is extended to you and all members of your branch to attend our Bowling Tournament and Scholarship Days and enjoy this fraternal activity. We are also soliciting your donations to this worthwhile project. As is stated in the By-Laws, any branch or individual donating a minimum of $100.00 is eligible to vote at the Annual Meeting. It is our hope that all of our branches and members will support the Scholarship Foundation that has been undertaken by our Association in helping provide higher education to our recently graduated high school members. Please make your donations to the William Penn Fraternal Association Scholarship Foundation, Inc., and send them to my attention for reporting at our Annual Meeting. Over the years, we have given financial assistance to many of our members who have excelled in various fields of endeavor. In order to maintain our fraternal, cultural and heritage work, we solicit your cooperation and donations to these worthwhile causes. Let us be ever mindful of the rich heritage passed to us by our forefathers. We should carry on their works and continue to build on this strong foundation by fostering the ideals of our Founding Fathers. This can be done if we all work together and bring new members into the Association. Tell the William Penn story and let everyone know that we are the largest Hungarian Fraternal Life Insurance Association. We are ready, willing and able to handle all of their life insurance needs. CAN WE COUNT ON YOU? E. E. Vargo National Secretary William Penn Fraternal Association Scholarship Foundation, Inc. Eligibility Rules for Scholarship Recipients The Board of Directors has established the following rules governing eligibility for scholarship grants: a) A parent or grandparent of the applicant must be a benefit member of the William Penn Association or the student must be a child of a deceased member. b) The student applying for a scholarship grant must be a benefit member of the William Penn Association as of January 1 of the year for which the application is made. c) A benefit member is one who is insured for life, endowment or annuity benefits. d) Students applying for scholarship grants must have been accepted by or must be already enrolled at an accredited college or university or school of nursing. A transcript of the applicant's scholastic record must be attached to the application. e) Scholarship grants will be awarded to full-time students only. f) Since the awarding of scholarship grants is based primarily on the financial need of the applicant’s family, the parents of the applicant must file a confidential financial statement on a form provided by the Scholarship Foundation and be willing to provide any and all other information which may be required. g) Scholarship grants will be awarded by the Executive Committee of the William Penn Fraternal Association Scholarship Foundation, Inc., once each year. All applications must be postmarked no later than May 31,1989. Those postmarked later will not be considered. h) Grants will be paid directly to the applicant provided he or she is a member in good standing on the date the award checks are issued. i) Grants are awarded for a two or four year period. In order to be considered for scholarship grants in ensuing years, the student must notify the Secretary of the Foundation by letter postmarked no later than May 31, 1989, that they wish to continue receiving the scholarship grant. In addition, the student must submit his or her scholastic record for the previous semester and proof of enrollment for the continuing term as soon as such information becomes available. The letter requesting renewal of the grant, however, must be sent even if the scholastic record and proof of enrollment are not available by May 31,1989. j) Applications for scholarship grants and other necessary forms may be obtained by writing directly to the William Penn Fraternal Association Scholarship Foundation, Inc., 709 Brighton Road, Pittsburgh, PA 15233, or by contacting your local Branch Coordinator. k) Applications for scholarship grants must be made on forms furnished by the Scholarship Foundation. Financial Statement William Penn Fraternal Association Scholarship Foundation, Inc. As of December 31, 1988 Balance as of December 31,1987 ...................... . $386,494.76 Income Donations............................................................$37,380.81 Bond Interest....................................................... 29,524.51 Stock Dividends.................................................960.00 Savings Account Interest................................... 1,466.50 Certificate of Deposit Interest........................... 3,142.63 Total Income for 1988 ............................................. 72,474.45 Total....................................................................................... . $458,969.21 Disbursements Renewals 98 Grants @ $350.00 ...........................................$34,300.00 1 Grant @ $500.00 .......................................500.00 New 55 Grants @ $350.00 ........................................... 19,250.00 Total Disbursements for 1988 ............................ — 54,050.00 Balance as of December 31,1988 ........................ $404,919.21 Assets Bonds .....................................................................$277,800.93 Stocks ....................................................................10,212.00 Certificates of Deposit..........................................93,142.63 Savings Account....................................................21,213.82 Checking Account.................................................2,549.83 Total Assets as of December 31,1988 ................ $404,919.21

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