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Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Open to Public
Inspection
Name of the organization
PENNSWOOD VILLAGE
 
Employer identification number
23-2021541
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
(if applicable)		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) COUNTY OF BUCKS
55 EAST COURT STREET
DOYLESTOWN,PA18901 		STATE OF PA 92,790 0     SUPPORT COUNTY INITIATIVES
(2) MIDDLETOWN TOWNSHIP
3 MUNICIPAL WAY
LANGHORNE,PA19047 		STATE OF PA 61,007 0     SUPPORT TOWNSHIP INITIATIVES
(3) NESHAMINY SCHOOL DISTRICT
2001 OLD LINCOLN HIGHWAY
LANGHORNE,PA19047 		STATE OF PA 457,126 0     SUPPORT DISTRICT INITIATIVES
(4) PENNSWOOD VILLAGE FOUNDATION
1382 NEWTOWN-LANGHORNE ROAD
NEWTOWN,PA18940 		83-0575873 501(C)(3) 125,237 0     TO SUPPORT PENNSWOOD VILLAGE FOUNDATION OPERATION'S
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
4
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
0
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2022
Page 2

Schedule I (Form 990) 2022
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1) ENTRY FEE ASSISTANCE AND SUBSIDIES FOR MONTHLY RESIDENT FEES BASED UPON FINANCIAL NEED 8 316,327      
(2) SCHOLARSHIP ASSISTANCE FOR ELIGIBLE EMPLOYEES 9 12,227      
(2)
(3)
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
PART I, LINE 2: ASSISTANCE TO ENTITIES: GRANTS TO LOCAL GOVERNMENT UNITS ARE PAYMENTS IN LIEU OF TAXES WHICH ARE VOLUNTARY PAYMENTS MADE BY THE ORGANIZATION TO LOCAL GOVERNMENTS IN SUPPORT OF THEIR PROGRAMS. THE ORGANIZATION ALSO CONTRIBUTES TO LOCAL ORGANIZATIONS AS A MEASURE OF COMMUNITY GOOD WILL. ALL ORGANIZATIONS ARE REVIEWED BY THE CHIEF FINANCIAL OFFICER TO ENSURE THEY ARE NON-PROFITS IN GOOD STANDING. AS THE DONATIONS ARE SMALL, NO ADDITIONAL MONITORING IS CONSIDERED NECESSARY. THE ORGANIZATION MAY ALSO PROVIDE FUNDS TO RELATED ORGANIZATIONS. THE RELATED ORGANIZATIONS SHARE A COMMON ACCOUNTING SYSTEM AS THE FILING ORGANIZATION AND NO FURTHER MONITORING OF FUNDS IS CONSIDERED NECESSARY. ASSISTANCE TO INDIVIDUALS: RESIDENTS OR THEIR POWER OF ATTORNEY MAY APPROACH THE CHIEF EXECUTIVE OFFICER OR THE CHIEF FINANCIAL OFFICER ABOUT THE NEED FOR FINANCIAL ASSISTANCE. THE INTERESTED PARTY IS ASKED TO PROVIDE FINANCIAL SUPPORTING DOCUMENTS WHICH MAY INCLUDE THREE YEARS OF TAX RETURNS, CURRENT BANK STATEMENTS, CURRENT INVESTMENT STATEMENTS, AND OTHER DOCUMENTATION WHICH MAY BE NECESSARY TO DETERMINE A RESIDENT'S FINANCIAL NEED. THE CHIEF FINANCIAL OFFICER WILL THEN ANALYZE THE RESIDENT'S FINANCIAL NEED UTILIZING LIFE EXPECTANCY, SUPPORTING FINANCIAL DOCUMENTS, AND PROJECTED EXPENSES. USING THE ANALYZED DATA THE CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER WILL MAKE A DETERMINATION ABOUT THE NEED FOR ASSISTANCE AND THE AMOUNT TO BE GIVEN. A LETTER IS THEN PROVIDED TO THE RESIDENT AND/OR POWER OF ATTORNEY WHICH IDENTIFIES THE DECISION MADE FOR THE ASSISTANCE AND, WHEN APPROPRIATE, THE AMOUNT BEING PROVIDED. ON A MONTHLY BASIS THE CHIEF FINANCIAL OFFICER PROVIDES A LIST TO THE BILLING COORDINATOR SO THAT THE APPROPRIATE AMOUNT CAN BE CREDITED TO THE RESIDENT'S BILL. ON AN ANNUAL BASIS THE CHIEF FINANCIAL OFFICER REVIEWS THE FINANCIAL POSITION OF THE RESIDENT AND MAY DETERMINE IF AN INCREASE IN SUPPORT IS NECESSARY. MATTERS PERTAINING TO FINANCIAL ASSISTANCE TO RESIDENTS ARE KEPT CONFIDENTIAL.
Schedule I (Form 990) 2022



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