Simpson Foundation Awards $75,500 In Employee Scholarships Across Three Communities
WEST GROVE, Pa., July 28, 2025 (SEND2PRESS NEWSWIRE) — The Simpson Foundation has awarded a total of $75,500 in employee scholarships to 25 dedicated team members across three Simpson communities: Jenner's Pond, Simpson Meadows, and Simpson House. The scholarship recipients – ranging from teens just beginning their academic journey to adult learners advancing their careers – were honored in ceremonies held in July at each respective campus.
At Jenner's Pond, 19 employees were awarded a collective $66,500 during a celebration on Saturday, July 12, in the Alison Theater. Simpson Meadows in Downingtown recognized three scholars receiving a combined $3,000, and Simpson House in Philadelphia honored three scholarship recipients with awards totaling $6,000.
'Investing in the personal and professional development of our team members is at the heart of Simpson's mission,' said Dr. Carol McKinley, President and CEO of Simpson. 'These scholarships reflect the commitment of our communities – residents, donors, and staff – to help our employees grow, gain new skills, and reach their educational goals. It's one of the many ways we build meaningful intergenerational relationships that strengthen both our teams and the quality of life for those we serve.'
The scholarship initiative, stewarded by resident-led committees in partnership with the Simpson Foundation, continues to expand each year. The employee-driven program celebrates a culture of support, encouraging team members to pursue nursing, hospitality, business, and other academic pathways.
New Jenner's Pond scholarship recipients include: Samantha Calabretta, Jordan Eshleman, Kristyn Luff, Hamilthonn Mejia, Tyler Pappas, Kimberly Ramirez-Sanchez, Violet Robb, and Samuel Stancil. Returning recipients include: Katherine Albietz, Olivia Edwards, Jacqueline Flores-Diaz, Nicholas Heckman, Alexis Huyett, Krista Kennedy, Ethan Lytle, Jake Pappas, Zachary Pappas, Amanda Phillips, and Caleb Strawhecker.
Simpson Meadows recipients were: Heather Clark, Haley English, and Laura Kasal. And Simpson House recipients were: Robert Ferguson, Jeffrey Morris, and Blessing Mbagwu.
The Simpson Foundation, a nonprofit organization supporting the residents and employees of Simpson, continues to champion this annual scholarship tradition. The foundation works in close collaboration with each campus to secure funding and manage scholarship distribution, ensuring that every dollar donated goes directly toward educational advancement.
For more information on how to support employee scholarships at Simpson communities, visit https://www.simpsonsenior.org/simpson-foundation/.
About Simpson:
Simpson is a not-for-profit family of services, including five senior living communities, home care, therapy, and end-of-life care. Open since 1865, it is the longest-serving Methodist organization in the nation. Simpson derives great strength from its history of caring for older adults from all backgrounds and all walks of life and is constantly working to uphold its position as a community, regional and national leader in caring for and treasuring the lives of older adults. The organization continues to grow to serve more people with the highest possible level of care.
MULTIMEDIA:
Images for media: https://www.simpsonsenior.org/simpson-foundation-2025-scholarship-photos/
NEWS SOURCE: Simpson
Keywords: Pennsylvania Business, Jenner's Pond, Simpson Meadows, and Simpson House, employee scholarships, senior living communities, home care, therapy, and end-of-life care, WEST GROVE, Pa.
This press release was issued on behalf of the news source (Simpson) who is solely responsibile for its accuracy, by Send2Press® Newswire. Information is believed accurate but not guaranteed. Story ID: S2P128015 APNF0325A
To view the original version, visit: https://www.send2press.com/wire/simpson-foundation-awards-75500-in-employee-scholarships-across-three-communities/
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Notes: 1 We define Adjusted Net Income and Adjusted EPS as net income attributable to Comcast Corporation and diluted earnings per common share attributable to Comcast Corporation shareholders, respectively, adjusted to exclude the effects of the amortization of acquisition-related intangible assets, investments that investors may want to evaluate separately (such as based on fair value) and the impact of certain events, gains, losses or other charges that affect period-over-period comparisons. See Table 5 for reconciliations of non-GAAP financial measures. 2 We define Adjusted EBITDA as net income attributable to Comcast Corporation before net income (loss) attributable to noncontrolling interests, income tax expense, investment and other income (loss), net, interest expense, depreciation and amortization expense, and other operating gains and losses (such as impairment charges related to fixed and intangible assets and gains or losses on the sale of long-lived assets), if any. From time to time, we may exclude from Adjusted EBITDA the impact of certain events, gains, losses or other charges (such as significant legal settlements) that affect the period-to-period comparability of our operating performance. See Table 4 for reconciliation of non-GAAP financial measure. 3 All earnings per share amounts are presented on a diluted basis. 4 We define Free Cash Flow as net cash provided by operating activities (as stated in our Consolidated Statement of Cash Flows) reduced by capital expenditures and cash paid for intangible assets. From time to time, we may exclude from Free Cash Flow the impact of certain cash receipts or payments (such as significant legal settlements) that affect period-to-period comparability. Cash payments related to certain capital or intangible assets, such as the construction of Universal Beijing Resort, are presented separately in our Consolidated Statement of Cash Flows and are therefore excluded from capital expenditures and cash paid for intangible assets for Free Cash Flow. See Table 4 for reconciliation of non-GAAP financial measure. 5 Beginning in the second quarter of 2025, Business Services Connectivity customer relationships and Domestic Broadband Business customers include connections from the acquisition of Nitel and other conforming changes, resulting in an increase of 124,000 Business Services Connectivity customer relationships and an increase of 123,000 domestic broadband business customers as of April 1, 2025. Because these adjustments were made as of April 1, 2025, they are not reflected in prior period customer metrics or in net additions / (losses) in prior and current year periods. 6 Constant currency growth rates are calculated by comparing the results for each comparable prior year period adjusted to reflect the average exchange rates from each current year period presented rather than the actual exchange rates that were in effect during the respective periods. See Table 6 for reconciliations of non-GAAP financial measures. 7 Adjusted EBITDA is the measure of profit or loss for our segments. From time to time, we may present Adjusted EBITDA for components of our reportable segments, such as Peacock. We believe these measures are useful to evaluate our financial results and provide a basis of comparison to others, although our definition of Adjusted EBITDA may not be directly comparable to similar measures used by other companies. Adjusted EBITDA for components are presented on a consistent basis with the respective segments and disaggregated in accordance with GAAP. Numerical information is presented on a rounded basis using actual amounts, unless otherwise noted. The change in Peacock paid subscribers is calculated using rounded paid subscriber amounts. Minor differences in totals and percentage calculations may exist due to rounding. Conference Call and Other Information Comcast Corporation will host a conference call with the financial community today, July 31, 2025, at 8:30 a.m. Eastern Time (ET). The conference call and related materials will be broadcast live and posted on our Investor Relations website at A replay of the call will be available today, July 31, 2025, starting at 11:30 a.m. ET on the Investor Relations website. From time to time, we post information that may be of interest to investors on our website at and on our corporate website, To automatically receive Comcast financial news by email, please visit and subscribe to email alerts. Caution Concerning Forward-Looking Statements This press release includes statements that may constitute forward-looking statements. In evaluating these statements, readers should consider various factors, including the risks and uncertainties we describe in the "Risk Factors" sections of our most recent Annual Report on Form 10-K, our most recent Quarterly Report on Form 10-Q and other reports filed with the Securities and Exchange Commission (SEC). Factors that could cause our actual results to differ materially from these forward-looking statements include changes in and/or risks associated with: the competitive environment; consumer behavior; the advertising market; consumer acceptance of our content; programming costs; key distribution and/or licensing agreements; use and protection of our intellectual property; our reliance on third-party hardware, software and operational support; keeping pace with technological developments; cyber attacks, security breaches or technology disruptions; weak economic conditions; acquisitions and strategic initiatives; operating businesses internationally; natural disasters, severe weather-related and other uncontrollable events; loss of key personnel; labor disputes; laws and regulations; adverse decisions in litigation or governmental investigations; and other risks described from time to time in reports and other documents we file with the SEC. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made, and involve risks and uncertainties that could cause actual events or our actual results to differ materially from those expressed in any such forward-looking statements. We undertake no obligation to update or revise publicly any forward-looking statements, whether because of new information, future events or otherwise. The amount and timing of any dividends and share repurchases are subject to business, economic and other relevant factors. Non-GAAP Financial Measures In this discussion, we sometimes refer to financial measures that are not presented according to generally accepted accounting principles in the U.S. (GAAP). Certain of these measures are considered "non-GAAP financial measures" under the SEC regulations; those rules require the supplemental explanations and reconciliations that are in Comcast's Form 8-K (Quarterly Earnings Release) furnished to the SEC. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit for more information. TABLE 1 Condensed Consolidated Statements of Income (Unaudited) Three Months Ended Six Months Ended (in millions, except per share data) June 30, June 30, 2025 2024 2025 2024 Revenue $30,313 $29,688 $60,199 $59,746 Costs and expenses Programming and production 7,576 7,961 15,991 16,784 Marketing and promotion 2,168 1,922 4,239 3,940 Other operating and administrative 10,422 9,630 20,314 19,487 Depreciation 2,349 2,153 4,580 4,328 Amortization 1,805 1,387 3,423 2,762 24,320 23,053 48,548 47,301 Operating income 5,992 6,635 11,650 12,445 Interest expense (1,105) (1,026) (2,155) (2,028) Investment and other income (loss), net Equity in net income (losses) of investees, net (29) (444) (222) (286) Realized and unrealized gains (losses) on equity securities, net 136 (89) 112 (141) Other income (loss), net 9,652 99 9,754 290 9,760 (434) 9,644 (137) Income before income taxes 14,647 5,175 19,139 10,280 Income tax expense (3,603) (1,336) (4,799) (2,663) Net income 11,044 3,839 14,340 7,616 Less: Net income (loss) attributable to noncontrolling interests (79) (89) (158) (169) Net income attributable to Comcast Corporation $11,123 $3,929 $14,498 $7,785 Diluted earnings per common share attributable to Comcast Corporation shareholders $2.98 $1.00 $3.86 $1.97 Diluted weighted-average number of common shares 3,727 3,920 3,756 3,956 TABLE 2 Consolidated Statements of Cash Flows (Unaudited) Six Months Ended (in millions) June 30, 2025 2024 OPERATING ACTIVITIES Net income $14,340 $7,616 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 8,003 7,091 Share-based compensation 703 689 Noncash interest expense (income), net 253 218 Net (gain) loss on investment activity and other (9,390) 391 Deferred income taxes 2,556 240 Changes in operating assets and liabilities, net of effects of acquisitions and divestitures: Current and noncurrent receivables, net 1,023 750 Film and television costs, net 188 23 Accounts payable and accrued expenses related to trade creditors 34 (648) Other operating assets and liabilities (1,602) (3,798) Net cash provided by operating activities 16,109 12,572 INVESTING ACTIVITIES Capital expenditures (4,930) (5,354) Cash paid for intangible assets (1,257) (1,341) Construction of Universal Beijing Resort (3) (109) Acquisitions, net of cash acquired (1,279) — Proceeds from sales of businesses and investments 659 557 Purchases of investments (1,132) (706) Other 39 73 Net cash (used in) investing activities (7,903) (6,879) FINANCING ACTIVITIES Proceeds from borrowings 2,494 3,266 Repurchases and repayments of debt (1,856) (1,911) Repurchases of common stock under repurchase program and employee plans (4,066) (4,930) Dividends paid (2,462) (2,418) Other 9 175 Net cash (used in) financing activities (5,881) (5,817) Impact of foreign currency on cash, cash equivalents and restricted cash 46 (17) Increase (decrease) in cash, cash equivalents and restricted cash 2,371 (141) Cash, cash equivalents and restricted cash, beginning of period 7,377 6,282 Cash, cash equivalents and restricted cash, end of period $9,748 $6,141 TABLE 3 Condensed Consolidated Balance Sheets (Unaudited) (in millions) June 30, December 31, 2025 2024 ASSETS Current Assets Cash and cash equivalents $9,687 $7,322 Receivables, net 13,040 13,661 Other current assets 6,309 5,817 Total current assets 29,036 26,801 Film and television costs 12,640 12,541 Investments 8,463 8,647 Property and equipment, net 64,025 62,548 Goodwill 61,812 58,209 Franchise rights 59,365 59,365 Other intangible assets, net 24,612 25,599 Other noncurrent assets, net 13,897 12,501 $273,850 $266,211 LIABILITIES AND EQUITY Current Liabilities Accounts payable and accrued expenses related to trade creditors $11,826 $11,321 Deferred revenue 4,031 3,507 Accrued expenses and other current liabilities 10,215 10,679 Current portion of debt 5,720 4,907 Advance on sale of investment — 9,167 Total current liabilities 31,792 39,581 Noncurrent portion of debt 95,808 94,186 Deferred income taxes 27,692 25,227 Other noncurrent liabilities 21,100 20,942 Redeemable noncontrolling interests 231 237 Equity Comcast Corporation shareholders' equity 96,851 85,560 Noncontrolling interests 376 477 Total equity 97,228 86,038 $273,850 $266,211 TABLE 4 Reconciliation from Net Income Attributable to Comcast Corporation to Adjusted EBITDA (Unaudited) Three Months EndedJune 30, Six Months EndedJune 30, (in millions) 2025 2024 2025 2024 Net income attributable to Comcast Corporation $11,123 $3,929 $14,498 $7,785 Net income (loss) attributable to noncontrolling interests (79) (89) (158) (169) Income tax expense 3,603 1,336 4,799 2,663 Interest expense 1,105 1,026 2,155 2,028 Investment and other (income) loss, net (9,760) 434 (9,644) 137 Depreciation 2,349 2,153 4,580 4,328 Amortization 1,805 1,387 3,423 2,762 Adjustments (1) 137 (3) 162 (9) Adjusted EBITDA $10,283 $10,171 $19,815 $19,526 Reconciliation from Net Cash Provided by Operating Activities to Free Cash Flow (Unaudited) Three Months EndedJune 30, Six Months EndedJune 30, (in millions) 2025 2024 2025 2024 Net cash provided by operating activities $7,815 $4,724 $16,109 $12,572 Capital expenditures (2,679) (2,724) (4,930) (5,354) Cash paid for capitalized software and other intangible assets (636) (662) (1,257) (1,341) Free Cash Flow $4,501 $1,338 $9,921 $5,877 Alternate Presentation of Free Cash Flow (Unaudited) Three Months EndedJune 30, Six Months EndedJune 30, (in millions) 2025 2024 2025 2024 Adjusted EBITDA $10,283 $10,171 $19,815 $19,526 Capital expenditures (2,679) (2,724) (4,930) (5,354) Cash paid for capitalized software and other intangible assets (636) (662) (1,257) (1,341) Cash interest expense (1,129) (1,082) (1,803) (1,813) Cash taxes (1,685) (4,219) (2,085) (4,568) Changes in operating assets and liabilities 22 (585) (614) (1,526) Noncash share-based compensation 321 316 703 689 Other (2) 3 123 93 264 Free Cash Flow $4,501 $1,338 $9,921 $5,877 (1) Adjusted EBITDA excludes transaction and transaction-related costs associated with the proposed spin-off of Versant, as well as other operating and administrative expenses related to our investment portfolio. Transaction costs are incremental costs directly related to effectuating the proposed spin-off and primarily include legal, audit and advisory fees as well as legal entity separation costs. Transaction-related costs are incremental costs incurred in anticipation of the separation, including costs that reflect strategic decisions about how the standalone Versant business will be structured or operated, which may be different than if it remained part of Comcast. Transaction-related costs primarily include certain spin-related employee compensation, severance and retention bonuses; IT separation and implementation costs; and other one-time costs. Three Months EndedJune 30, Six Months EndedJune 30, 2025 2024 2025 2024 Transaction-related costs $75 $— $77 $— Transaction costs 36 — 55 — Costs related to our investment portfolio 26 (3) 29 (9) Total $137 ($3) $162 ($9) (2) 2nd quarter and year to date 2025 includes adjustments of $(110) and $(132) million, respectively, of transaction and transaction-related costs associated with the proposed spin-off of Versant and $(26) and $(29) million, respectively, of other operating and administrative expenses related to our investment portfolio, as these amounts are excluded from Adjusted EBITDA. 2nd quarter and year to date 2024 includes adjustments of $3 and $9 million, respectively, of other operating and administrative expenses related to our investment portfolio, as these amounts are excluded from Adjusted EBITDA. TABLE 5 Reconciliations of Adjusted Net Income and Adjusted EPS (Unaudited) Three Months EndedJune 30, Six Months EndedJune 30, 2025 2024 2025 2024 (in millions, except per share data) $ EPS $ EPS $ EPS $ EPS Net income attributable to Comcast Corporation and diluted earnings per share attributable to Comcast Corporation shareholders $11,123 $2.98 $3,929 $1.00 $14,498 $3.86 $7,785 $1.97 Change 183.1% 197.7% 86.2% 96.2% Amortization of acquisition-related intangible assets (1) 622 0.17 433 0.11 1,228 0.33 870 0.22 Investments (2) (96) (0.03) 373 0.10 36 0.01 250 0.06 Items affecting period-over-period comparability: Gain related to investment(3) (7,072) (1.90) — — (7,072) (1.88) — — Tax benefit from internal corporate reorganization (4) (177) (0.05) — — (177) (0.05) — — Long-lived asset impairments(5) 155 0.04 — — 155 0.04 — — Transaction-related costs(6) 66 0.02 — — 67 0.02 — — Transaction costs(7) 31 0.01 — — 49 0.01 — — Adjusted Net income and Adjusted EPS $4,653 $1.25 $4,735 $1.21 $8,784 $2.34 $8,906 $2.25 Change (1.7%) 3.3% (1.4%) 3.9% (1) Acquisition-related intangible assets are recognized as a result of the application of Accounting Standards Codification Topic 805, Business Combinations (such as customer relationships), and their amortization is significantly affected by the size and timing of our acquisitions. Amortization of intangible assets not resulting from business combinations (such as software and acquired intellectual property rights used in our theme parks) is included in Adjusted Net Income and Adjusted EPS. Three Months EndedJune 30, Six Months EndedJune 30, 2025 2024 2025 2024 Amortization of acquisition-related intangible assets before income taxes $810 $563 $1,600 $1,133 Amortization of acquisition-related intangible assets, net of tax $622 $433 $1,228 $870 (2) Adjustments for investments include realized and unrealized (gains) losses on equity securities, net (as stated in Table 1), as well as the equity in net (income) losses of investees, net, for certain equity method investments, including Atairos and Hulu and costs related to our investment portfolio. Three Months EndedJune 30, Six Months EndedJune 30, 2025 2024 2025 2024 Realized and unrealized (gains) losses on equity securities, net ($136) $89 ($112) $141 Equity in net (income) losses of investees, net and other 8 403 156 189 Investments before income taxes (128) 493 44 329 Investments, net of tax ($96) $373 $36 $250 (3) 2nd quarter and year to date 2025 net income attributable to Comcast Corporation includes a $9.4 billion pre-tax gain in other income (loss), net, $7.1 billion net of tax, related to the sale of our interest in Hulu. (4) 2nd quarter and year to date 2025 net income attributable to Comcast Corporation includes a $177 million income tax benefit due to an internal corporate reorganization. (5) 2nd quarter and year to date 2025 net income attributable to Comcast Corporation includes $155 million of long-lived asset impairments. (6) 2nd quarter and year to date 2025 net income attributable to Comcast Corporation includes $75 and $77 million, $66 and $67 million net of tax, respectively, of transaction-related costs related to the proposed spin-off of Versant. Transaction-related costs are incremental costs incurred in anticipation of the separation, including costs that reflect strategic decisions about how the standalone Versant business will be structured or operated, which may be different than if it remained part of Comcast. Transaction-related costs primarily include certain spin-related employee compensation, severance and retention bonuses; IT separation and implementation costs; and other one-time costs. (7) 2nd quarter and year to date 2025 net income attributable to Comcast Corporation includes $36 and $55 million, $31 and $49 million net of tax, respectively, of transaction costs related to the proposed spin-off of Versant. Transaction costs are incremental costs directly related to effectuating the proposed spin-off and primarily include legal, audit and advisory fees, and legal entity separation costs. TABLE 6 Reconciliation of Constant Currency (Unaudited) Three Months EndedJune 30, 2024 Six Months EndedJune 30, 2024 Effects of Constant Effects of Constant As Foreign Currency As Foreign Currency (in millions) Reported Currency Amounts Reported Currency Amounts Reconciliation of Connectivity & Platforms Constant Currency Connectivity & Platforms Revenue Residential Connectivity & Platforms $17,824 $216 $18,040 $35,692 $173 $35,865 Business Services Connectivity 2,421 1 2,422 4,829 1 4,830 Total Connectivity & Platforms Revenue $20,245 $217 $20,462 $40,521 $174 $40,695 Connectivity and Platforms Adjusted EBITDA Residential Connectivity & Platforms $7,103 $33 $7,136 $13,955 $32 $13,986 Business Services Connectivity 1,380 — 1,380 2,746 — 2,746 Total Connectivity & Platforms Adjusted EBITDA $8,483 $33 $8,516 $16,701 $31 $16,732 Connectivity & Platforms Adjusted EBITDA Margin Residential Connectivity & Platforms 39.9% (30) bps 39.6% 39.1% (10) bps 39.0% Business Services Connectivity 57.0% (10) bps 56.9% 56.9% (10) bps 56.8% Total Connectivity & Platforms Adjusted EBITDA Margin 41.9% (30) bps 41.6% 41.2% (10) bps 41.1% Three Months Ended June 30, 2024 Six Months Ended June 30, 2024 Effects of Constant Effects of Constant As Foreign Currency As Foreign Currency (in millions) Reported Currency Amounts Reported Currency Amounts Reconciliation of Residential Connectivity & Platforms Constant Currency Revenue Domestic broadband $6,429 $— $6,429 $12,875 $— $12,875 Domestic wireless 1,019 — 1,019 1,991 — 1,991 International connectivity 1,056 59 1,116 2,090 50 2,140 Total residential connectivity $8,505 $59 $8,564 $16,956 $50 $17,006 Video 7,013 117 7,130 14,117 90 14,208 Advertising 993 20 1,013 1,944 16 1,960 Other 1,313 19 1,333 2,675 16 2,691 Total Revenue $17,824 $216 $18,040 $35,692 $173 $35,865 Operating Expenses Programming $4,248 $69 $4,317 $8,654 $52 $8,706 Non-Programming 6,472 114 6,586 13,083 90 13,173 Total Operating Expenses $10,721 $183 $10,903 $21,737 $142 $21,879 Adjusted EBITDA $7,103 $33 $7,136 $13,955 $32 $13,986 Adjusted EBITDA Margin 39.9% (30) bps 39.6% 39.1% (10) bps 39.0% View source version on Contacts Investor Contacts: Marci Ryvicker (215) 286-4781Jane Kearns (215) 286-4794Marc Kaplan (215) 286-6527 Press Contacts: Jennifer Khoury (215) 286-7408John Demming (215) 286-8011 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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College applications open Friday. Here's what to know.
College admissions have changed drastically since the coronavirus pandemic. Acceptance rates have hit record lows for elite colleges, many schools have dropped standardized testing requirements and artificial intelligence has disrupted how students engage with education. With the Common Application opening Friday, students and families are beginning to weigh their options for tackling the college admissions process.
