William Penn Life, 2008 (43. évfolyam, 1-12. szám)

2008-04-01 / 4. szám

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 Friday, July 18, 2008, in the Sheraton Flarrisburg Hershey Hotel, 4650 Lindle Road, Harrisburg, Pa. The time will be announced in an upcoming issue of the William Penn Life. The meeting will be held in conjunction with the 25th Annual Golf Tournament to be held July 18 and 19, 2008, in Harrisburg, PA.

The meeting is open to all members. Any branch or individual donating a minimum of s100 is also eligible to vote at the Annual Meeting. Please make your donations payable to "William Penn Fraternal Association Scholarship Foundation, Inc." and send them to Richard W.

Toth, National Vice President-Secretary, in care of the Home Office. All contributions, no matter what the amount, will be greatly appreciated.

Since 1972, our Scholarship Foundation has awarded 4,501 grants worth $1,891,1 50. The achievements of our grant recipients continually renew our belief that helping today's youth is vital for the future of our society and our world.

^ Your mmatlimg mafco a difference! J

William Penn Fraternal Association Scholarship Foundation, Inc. Financial Statement as of Dec. 31,2007

Balance as of December 31,2006$638,672.38

INCOME

Donations Bond Interest

Interest-Checking Account and Money Markets Miscellaneous

Total Income

$130,590.00

32,234.89

2,144.96

326.87

165.296.72

DISBURSEMENTS

Scholarship Grants

113 Renewals (51 $500.00 59 New @1 $500.00 Essay Awards Bank Charges

Total Disbursements Balance as of December 31,2007

$56,500.00

29,500.00

2,000.00

270.89-88.270.89

$715,698.21

ASSETS

Bonds

Money Market Accounts Checking Account

Accrued Interest Paid on Bond Purchased Total Assets as of December 31,2007

$671,888.50

34,728.29

8,248.22

833.20

$715,698.21

I For Starters

Money is easier to give than time, survey shows

APPLETON, WI - Americans say that giving one's money to a charitable cause is easier than giving time. According to a Thrivent Financial for Lutherans' national survey of 1,000 adults, 52 percent of Americans said it is easier to give money, while 30 percent said it is easier to give time. Sixteen percent said both are equally easy to give.

The survey showed that age, income, education and employment status affect attitudes about giving. Fifty-eight percent of seniors (age 65+) and 53 percent of pre-retirees (age 55 to 64) favor giving money over time versus 44 percent for young adults (age 18 to 24).

While a plurality of all income groups favor giving money, 56 percent of those earning $75,000 or more said giving money is easier versus 45 percent for those earning less than $25,000. Conversely, 58 percent of those with a high school education or less said giving money to a charitable cause is easier than giving time. This compares to 49 percent of those with a college degree or some college and 47 percent of those with a post-graduate degree.

Telephone interviews were conducted between Nov. 30 and Dec. 2,2007, among a nationwide sample of 1,000 U.S. adults age 18 and older. The margin of error for questions posed to all respondents is plus/ minus three percent.

Tickets for AHF Raffle’ still available

NEW BRUNSWICK, NJ — Tickets for the American Hungarian Foundation's Mega 50/50 Raffle are still available.

The drawing will take place May 17 during the AHF's Carousel Ball in New Brunswick. Tickets for the raffle are $100 each, and a maximum of 2,000 tickets will be sold, meaning the prize pool could reach as high as $100,000.

The grand prize will be 50 percent of the prize pool, for a potential grand prize of $50,000.

There will also be 99 other cash prizes awarded as follows:- one first prize equal to 12.5 percent of the prize pool (max. $12,500);- one second prize equal to five percent of the prize pool (max. $5,000);- two prizes equal to 2.5 percent of the prize pool (max. $2,500 each);-15 prizes equal to 0.5 percent of the prize pool (max. $500 each); and- 80 prizes equal to 0.25 percent of the prize pool (max. $250 each).

Ticket applications are available by calling the AHF at 732-846-5777.

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William Penn Life, April 2008