William Penn Life, 1993 (28. évfolyam, 1-11. szám)
1993-04-01 / 4. szám
April 1993, William Penn Life, Page 3 Bowling tournament marks golden jubilee PITTSBURGH — All bowlers interested in entering the 50th Annual Bowling Tournament and who have not sent in their entry form should do so as soon as possible. All entry forms must be postmarked no later than midnight April 23. Individual bowlers who wish to bowl in the team and/or doubles events should contact Tournament Administrator Stephen J. Ivancso Sr. He will do his best to place individual bowlers on teams. Please call him at (419) 691-9641. The golden jubilee of our Annual Bowling Tournament and Scholarship Days will be held May 28 to 30 in Pittsburgh. And our 50th tournament promises to be a fun, fraternal event you will not want to miss. The weekend will kick-off with the annual meeting of the William Penn Fraternal Association Scholarship Foundation on Friday, May 28, at 5:30 p.m. The meeting will be held at the Hyatt Regency Pittsburgh at Chatham Center. All branches are encouraged to have representatives attend this important meeting. Later that evening all bowlers and their guests are invited to a special reception at the hotel. This informal gathering will feature free food and refreshments. On Saturday morning, the weekend’s activities will shift to Princess Lanes, site of the bowling competition. Bus transportation between the Hyatt and the lanes will be provided free to all bowlers. Saturday’s schedule will feature the men’s and women’s team competition, with singles and doubles events to be held Sunday. Bowlers will have a chance to win $10,000 during Saturday’s team event. The prize will be awarded to the eligible member who bowls a perfect 300 game during that event. To be eligible for this prize, a bowler must be a life benefit William Penn Fraternal Association Scholarship Foundation, Inc. ELIGIBILITY RULES FOR 1993 SCHOLARSHIP GRANTS The Board of Directors has established the following rules governing eligibility for scholarship recipients: a) The student applying for a scholarship grant must be a life benefit member of the William Penn Association for three years as of January 1 of the year for which application is made. A life benefit member is one who is insured for life or endowment benefits. b) A parent or grandparent of the applicant must be a life benefit member of the William Penn Association, or the student must be a child of a deceased member. c) Students may apply for scholarship grants only if they have been accepted by or are currently attending an accredited college, university or school of nursing. A transcript of the applicant’s scholastic record must be attached to the application. d) Scholarship grants will be awarded only to full-time students. e) 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. f) All applications must be postmarked no later than May 21, 1993. Those postmarked later will not be considered. g) Grants are awarded for a two- or four-year period. To be considered for scholarship grants in ensuing years, the student must notify the President of the Scholarship Foundation, by letter postmarked no later than May 21,1993, that he or she wishes to continue receiving the scholarship grant. In addition, the student must submit' 's or her scholastic record for the previous semester and proof of enrollment for the continuing term as soon as such documents become available. However, the letter requesting renewal of the grant must be sent even if the scholastic record and proof of enrollment are not available by May 21,1993. h) We suggest that a student’s application or renewal letter be sent to the President of the Scholarship Foundation via certified mail so that there is no question as to the mailing date or receipt of same at the Home Office. i) All applications and renewal letters for the grant must be submitted by the student seeking the grant. Any request for a grant submitted by a parent or guardian will not be considered. j) Applications for scholarship grants must be made on forms furnished by the Scholarship Foundation. All necessary forms may be obtained by writing to the following address: E. E. Vargo, President William Penn Fraternal Association Scholarship Foundation, Inc. 709 Brighton Road, Pittsburgh, PA 15233 k) Scholarship grants will be awarded by the Executive Committee of the William Penn Fraternal Association Scholarship Foundation, Inc., once each year. Grants will be paid directly to the applicant provided he or she is a member in good standing on the date the grant checks are issued. l) The Executive Committee will establish the grade point average (GPA) that must be maintained by students seeking grants along with any other factors that the committee may consider material. Deadline for Applications - May 21,1993 member of the William Penn Association by April 1, 1993, with at least one year’s premium paid. Saturday evening, everyone’s focus will shift back to the hotel for the annual banquet, featuring a delicious dinner, entertainment, a door prize drawing, music and dancing. It will be a great weekend. Your participation will make it even better. We hope to see you in Pittsburgh! Notice of Annual Meeting of the William Penn Fraternal Association Scholarship Foundation, Inc. The next annual meeting of the William Penn Fraternal Association Scholarship Foundation, Inc., will be held during our 50th Annual Bowling Tournament and Scholarship Days in Pittsburgh, Pa., May 28-30,1993. This year’s meeting will be held at the Hyatt Regency Pittsburgh at Chatham Center on Friday, May 28,1993, at 5:30 p.m. A cordial invitation is extended to you and all members of your branch to attend our Bowling Tournament and Scholarship Days and to enjoy this fraternal activity. We also kindly ask for your continued support of our scholarship fund. As is stated in the By-Laws of the Association, any branch or individual donating a minimum of $100.00 is eligible to vote at the Annual Meeting. •It is our hope that all our branches and members will continue to support the Scholarship Foundation that has been established by our Association for the purpose of providing our young members assistance in attaining a higher education. As a parent, I know that many of you share concern that our children receive the best possible education so as to take their place in society. All of us realize how important it is that our young people possess marketable skills which only a good education can provide. Please make your donations payable to "William Penn Fraternal Association Scholarship Foundation, Inc." and send them to my attention so that I may report them at our Annual Meeting. All contributions, no matter what the amount, will be greatly appreciated. Over the years, we have given financial assistance to many of our young members who have gone on to excel in a variety of professions. We are proud to report that our Scholarship Foundation has an outstanding record of providing strong financial support in the form of scholarship grants. Since the inception of our scholarship program in 1973, a total of 1,778 members have received grants totaling $541,700 to pursue higher education. Their successes— both as professionals and as adults of strong character—convinces us that our support of the Scholarship Foundation is just as important as the support we offer to our fraternal, cultural and heritage programs. By helping today’s young members acquire an education, we are helping to better our society and our world for tomorrow. So, again, we ask our members and branches to join us in supporting our Scholarship Foundation. It benefits all of us. CAN WE COUNT ON YOU? George S. Charles, Jr. National Vice President-Secretary William Penn Fraternal Association Scholarship Foundation, Inc. Financial Statement as of Dec. 31,1992 Balance as of December 31,1991 ....................................... $482,275.88 Income Donations.................................................. $28,358.56 Bond Interest............................................. 33,612.96 Stock Dividends........................................936.00 Checking Account Interest....................... 1,828.59 Business Investment Account Interest ... 2,819.84 Profit on Sale of Bonds/Stocks................. 3,134.07 Total Income for 1992 ........................................ 70,690.02 Total........................................................................... $552.°45.90 Disbursements Scholarship Grants 86 Renewals @ $400.00 .. . $34,400.00 47 New (S> $400.00 ............... 18,800.00 Total Grants........................................ $53,200.00 Bank Service Charges................................18.59 Investment Expense.................................19.95 Accrued Interest Paid on Bonds Purchased................................. 7,021.35 Donation to Holy Cross Junior College/RE: Maria Panyi (Student from Hungary)........................500.00 Total Disbursements for 1992 . . . .......................... (60,759.89) Balance as of December 31,1992 ....................................... $492,206.01 Assets Bonds .............................................................$416,135.10 Business Investment Account .................66,196.23 Checking Account.......................................9,874.68 Total Assets as of December 31,1992....................$492,206.01 Frances A. Furedy, National Vice President-Treasurer
