Arthur M Peters Scholar Fund 47F108014
Arthur M Peters Scholar Fund 47F108014 is a private foundation based in Lancaster, Pennsylvania. Its 2024 filing describes awards for graduating seniors of Danville Area High School who are pursuing further studies at an institution of higher learning.
Arthur M Peters Scholar Fund 47F108014 at a glance
In short: Arthur M Peters Scholar Fund 47F108014 gave $48K across 49 grants in 2024 (avg $980), mostly in Pennsylvania. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $48,020
- +0.0% vs 2023
- Grants made (2024)
- 49
- +122.7% vs 2023
- Average grant
- $980
- -55.1% vs 2023
- Median grant
- $980
- Total assets
- $847,423
- +0.5% vs 2023
- Primary geography
- Pennsylvania (84% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Arthur M Peters Scholar Fund 47F108014
- How to Apply
-
The filing says to contact the Selection Committee – Danville Area for application materials. The foundation does not restrict giving to preselected organizations. Awards are restricted to graduating seniors of Danville Area High School undertaking further scholastic studies at an institution of higher learning. The filing directs applicants to contact the committee about deadlines.
- Contact
Application contact: Selection Committee - Danville Area
Mailing address: 600 Walnut Street, Danville, PA 17821
Phone: (570) 271-3268
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Arthur M Peters Scholar Fund 47F108014 funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Student 1 ($980). Together the top 10 received $10K.
Grant Size Distribution
116 grants across all recorded years
The most common grant size was under $50K: 116 grants of 116 (100%).
Geographic Focus
Where this funder awards grants
In 2024, Pennsylvania accounted for 84% of grant dollars. Other recipient-state shares listed were Iowa (4%), Illinois (2%), New Jersey (2%), and Colorado (2%).
Grant Distribution by State
Share of 2024 grant dollars across all 49 itemized grants.
States
Cities
How Arthur M Peters Scholar Fund 47F108014 gives
- Giving held roughly steady from 2021 to 2024 (−16%). Method
- In 2024 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $42K (2020) to $57K (2021). In 2024 it made 49 grants totaling $48K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Student 1 Bloomsburg, PA | Education Scholarship | $980 |
| Student 2 Pottsville, PA | Education Scholarship | $980 |
| Student 3 Shippensburg, PA | Education Scholarship | $980 |
| Student 4 Bloomsburg, PA | Education Scholarship | $980 |
| Student 5 Lock Haven, PA | Education Scholarship | $980 |
| Student 6 University Park, PA | Education Scholarship | $980 |
| Student 7 Bloomsburg, PA | Education Scholarship | $980 |
| Student 8 Elizabethtown, PA | Education Scholarship | $980 |
| Student 9 Philadelphia, PA | Education Scholarship | $980 |
| Student 10 Galva, IL | Education Scholarship | $980 |
Ready to take the next step with Arthur M Peters Scholar Fund 47F108014?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $847,423 | $59,102 | $59,733 | $48,020 | 49 | $48,020 | $47,389 | $48,461 |
| 2023 | $843,345 | $38,565 | $58,416 | $48,000 | 22 | $48,000 | $28,149 | $43,317 |
| 2022 | $857,830 | $59,339 | $62,032 | $48,000 | 24 | $48,000 | $48,571 | $43,754 |
| 2021 | $861,291 | $141,226 | $69,055 | $57,000 | 10 | $57,000 | $129,171 | $50,287 |
| 2020 | $788,953 | $8,912 | $52,620 | $42,000 | 11 | — | $4,966 | $43,821 |
Under IRS private-foundation payout rules, Arthur M Peters Scholar Fund 47F108014 reported a distributable amount of $48K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement is provided. The 2024 filing’s award restriction identifies scholarships for eligible Danville Area High School seniors pursuing further scholastic studies at an institution of higher learning.
Grantmaking
In 2024, the fund awarded 49 grants totaling $48,020. Each itemized grant was $980, making $980 the typical award size. The listed grants were for education scholarships; examples include awards to students in Bloomsburg, Pottsville, Shippensburg, Lock Haven, University Park, Elizabethtown, Philadelphia, and Williamsport, Pennsylvania, and Galva, Illinois.
Leadership & Key People
Leadership team and compensation from IRS filings
Fulton Bank N.A. is listed as trustee on the 2024 filing.
Arthur M Peters Scholar Fund 47F108014's only listed officer is Fulton Bank N A, Trustee on every filing since 2020 (compensated).
Officers on the 2024 filing
Fulton Bank N A
Trustee
On filings since 2020
2 hrs/week
$10K (2020) → $11K (2024)
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $11K, to Fulton Bank N a (Trustee).
Frequently asked questions about Arthur M Peters Scholar Fund 47F108014
How much does Arthur M Peters Scholar Fund 47F108014 give each year?
Arthur M Peters Scholar Fund 47F108014 gave $48K across 49 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $48K across 22 grants.
What is Arthur M Peters Scholar Fund 47F108014's typical grant size?
Arthur M Peters Scholar Fund 47F108014's median grant in 2024 was $980, and its average grant was $980, across 49 grants on its 2024 IRS Form 990-PF.
Where does Arthur M Peters Scholar Fund 47F108014 give grants?
Arthur M Peters Scholar Fund 47F108014 gives mostly in Pennsylvania: 84% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Bloomsburg, PA (12 grants), Lock Haven, PA (5 grants), University Park, PA (4 grants) and Williamsport, PA (3 grants).
Does Arthur M Peters Scholar Fund 47F108014 give general operating support?
Not in 2024: none of the 49 grants with a stated purpose on Arthur M Peters Scholar Fund 47F108014's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Education Scholarship" (48 grants).
Who are Arthur M Peters Scholar Fund 47F108014's largest grantees?
Arthur M Peters Scholar Fund 47F108014's largest 2024 grantees include Student 1 ($980), Student 2 ($980) and Student 3 ($980), according to its 2024 IRS Form 990-PF. Together they received 6% of its itemized 2024 grant dollars.
How large is Arthur M Peters Scholar Fund 47F108014?
Arthur M Peters Scholar Fund 47F108014 reported $847K in total assets on its 2024 IRS Form 990-PF. It paid out $48K in qualifying distributions that year, against a required minimum of $48K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Arthur M Peters Scholar Fund 47F108014 fund?
No mission statement is provided. The 2024 filing’s award restriction identifies scholarships for eligible Danville Area High School seniors pursuing further scholastic studies at an institution of higher learning. See mission & focus areas ↑
How do I apply for a grant from Arthur M Peters Scholar Fund 47F108014?
The filing says to contact the Selection Committee – Danville Area for application materials. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Arthur M Peters Scholar Fund 47F108014's EIN?
Arthur M Peters Scholar Fund 47F108014's EIN (Employer Identification Number) is 46-4612008. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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