As of July 1, Mary Feeney Bonawitz, assistant professor of accounting at Penn State Schuylkill, was installed as chair of the American Society of Women Accountants Educational Foundational (ASWAEF).
The Foundation is a 501 c(3) sister organization of the ASWA with a mission to promote financial literacy and award scholarships. The ASWAEF has worked with the FDIC through its many chapters to promote its Money Smart Program in the communities served by the chapters. The foundation provides professional certification and undergraduate, master's and doctoral degree scholarships through its fundraising activities. Through relationships with corporate sponsors, the foundation also provides certified public accountant exam review scholarships to the regions served by ASWA.