WHO WE ARE
The North Penn Area Scholarship Fund Association, Inc. (NPASFA) was founded in 1956 and has been MAKING A DIFFERENCE in the lives of college-bound youth of the North Penn area. With over 60 years of service, the Association has given over 1285 individual awards totaling more than $1,110,000. In 1956, the Lansdale Chamber of Commerce called together a group of interested people, represen
ting area organizations, to consider assisting students of proven scholastic ability obtain training and education beyond the high school level. Out of this concern, a scholarship committee was formed. Ten years later, in 1966, a permanent foundation, the North Penn Area Scholarship Fund Association, Inc. was established and a Trust Fund was set up to provide a source of perpetual funds. In the early years, Continental Bank & Trust Co, was appointed Trustee to administrate the Fund. Presently, PNC Advisors, a member of the PNC Financial Services Group, is Trustee of the Trust Fund. The operation of NPASFA is provided by volunteers from the community. It has been the devoted service of many members and previous chairpersons that have guided the Association to the fine and respected place it holds today in the North Penn area. The Fund has grown significantly through the years. In 1972, the Lansdale Centennial Committee made a substantial contribution to the Trust Fund. Through the years, additional sizable contributions to the corpus of the Trust Fund have resulted in the establishment of several Perpetual Named Awards of $1000 or more awarded annually.
