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      <FeesForServicesAccounting>
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      <AllOtherExpenses>
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        <ProgramServices>7401</ProgramServices>
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      <FollowSFAS117>X</FollowSFAS117>
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        <EOY>18510</EOY>
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      <TotalNetAssetsFundBalances>
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        <EOY>22843531</EOY>
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      <TotalLiabNetAssetsFundBalances>
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      <ReconcilationRevenueExpenses>898642</ReconcilationRevenueExpenses>
      <ReconciliationUnrealizedInvest>598375</ReconciliationUnrealizedInvest>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <FSAuditedBasis>
        <FinancialStatementSeparate>X</FinancialStatementSeparate>
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      <AuditCommittee>true</AuditCommittee>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
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        <CurrentTaxYearMinus1Year>1393484</CurrentTaxYearMinus1Year>
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        <Total>4482044</Total>
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      <AmountsSubstContributorsTotal>1249185</AmountsSubstContributorsTotal>
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      <TotalSupport>5088117</TotalSupport>
      <GrossReceiptsFromAdmissionsEtc>75364</GrossReceiptsFromAdmissionsEtc>
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      </CurrentYear>
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      </CurrentYearMinus1Year>
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        <EndOfYearBalance>18510</EndOfYearBalance>
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      <CurrentYearMinus3Years>
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      <CurrentYearMinus4Years>
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      <PermanentEndowmentEOYBalance>1.00000</PermanentEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>false</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
      <Land>
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        <Depreciation>66498</Depreciation>
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      <LeaseholdImprovements>
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        <BookValue>317521</BookValue>
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      <Equipment>
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        <Depreciation>106276</Depreciation>
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      <TotRevenueEtcAuditedFinclStmt>2821648</TotRevenueEtcAuditedFinclStmt>
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      <Form990ScheduleDPartXIII>
        <Identifier>ACCOUNTING FOR CONSERVATION EASEMENTS</Identifier>
        <ReturnReference>SCHEDULE D, PAGE 1, PART II, LINE 9</ReturnReference>
        <Explanation>NO VALUE IS ASSIGNED TO CONSERVATION EASEMENTS THAT ARE DONATED TO THE ORGANIZATION. COSTS RELATED TO ESTABLISHING, MONITORING, OR ENFORCING CONSERVATION EASEMENTSTHAT ARE EXPENSED AS INCURRED TO PROGRAM SERVICE EXPENSES.</Explanation>
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      <Form990ScheduleDPartXIII>
        <Identifier>REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER</Identifier>
        <ReturnReference>SCHEDULE D, PAGE 4, PART XI, LINE 2D</ReturnReference>
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      <Form990ScheduleDPartXIII>
        <Identifier>EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER</Identifier>
        <ReturnReference>SCHEDULE D, PAGE 4, PART XII, LINE 2D</ReturnReference>
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        <EntertainmentEvent1>1600</EntertainmentEvent1>
        <OtherDirectExpensesEvent1>7504</OtherDirectExpensesEvent1>
        <NameOfEvent2>CELEBRATING RUS</NameOfEvent2>
        <GrossReceiptsEvent2>92805</GrossReceiptsEvent2>
        <GrossRevenueEvent2>92805</GrossRevenueEvent2>
        <RentFacilityCostsEvent2>6248</RentFacilityCostsEvent2>
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        <EntertainmentEvent2>3800</EntertainmentEvent2>
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        <EntertainmentOtherEvents>800</EntertainmentOtherEvents>
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        <GrossReceiptsTotal>246073</GrossReceiptsTotal>
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        <CashPrizesTotalEvents>3125</CashPrizesTotalEvents>
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        <NumberOfContributions>11</NumberOfContributions>
        <NoncashContribsRptdF990>182458</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>CURRENT SELLING PRICE</MethodOfDeterminingRevenues>
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        <NumberOfContributions>2</NumberOfContributions>
        <NoncashContribsRptdF990>4600</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FAIR MARKET VALUE</MethodOfDeterminingRevenues>
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      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>true</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>true</ThirdPartiesUsed>
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        <ReturnReference>SCHEDULE M, PAGE 1, PART I, LINE 32B</ReturnReference>
        <Explanation>DONATED PUBLICLY TRADED SECURITIES ARE SOLD THROUGH BROKERAGE COMPANY.</Explanation>
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      <Form990ScheduleMPartII>
        <Identifier>SUPPLEMENTAL INFORMATION</Identifier>
        <ReturnReference>SCHEDULE M, PAGE 2, PART II</ReturnReference>
        <Explanation>ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN B.</Explanation>
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        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990 - ORGANIZATION'S MISSION</ReturnReference>
        <Explanation>THE MISSION OF THE WILLISTOWN CONSERVATION TRUST IS TO PRESERVE THE OPEN LAND, RURAL CHARACTER, SCENIC, HISTORIC AND ECOLOGICALLY SIGNIFICANT RESOURCES OF THE WILLISTOWN AREA AND NEARBY COMMUNITIES, WITH PARTICULAR EMPHASIS ON THE CRUM, RIDLEY AND DARBY CREEK WATERSHEDS. OUR MISSION IS ACCOMPLISHED THROUGH THE PERMANENT PROTECTION OF VITAL NATURAL SPACES; THE PROMOTION OF HEALTHIER LAND STEWARDSHIP PRACTICES; AND THE MANAGEMENT OF A COMMUNITY FARM PROGRAM.</Explanation>
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      <GeneralExplanation>
        <Identifier>ALL OTHER ACCOMPLISHMENT DESCRIPTION</Identifier>
        <ReturnReference>FORM 990, PAGE 2, PART III, LINE 4D</ReturnReference>
        <Explanation>VARIOUS OTHER PROGRAMS UNDERTAKEN IN ORDER TO CARRY OUT THE ORGANIZATION'S MISSION.</Explanation>
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      <GeneralExplanation>
        <Identifier>RELATED PARTY INFORMATION AMONG OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 2</ReturnReference>
        <Explanation>JEANNE B. VAN ALEN JAMES L. VAN ALEN II PRESIDENT VP/ASST SEC HUSBAND AND WIFE</Explanation>
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      <GeneralExplanation>
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        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>REVIEWED BY DIRECTOR OF FINANCE, TREASURER, AND SECRETARY/AUDIT COMMITTEE CHAIR AND THEN MADE AVAILABLE TO ALL OTHER TRUSTEES FOR THEIR REVIEW AND COMMENT.</Explanation>
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      <GeneralExplanation>
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      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>AVAILABLE UPON REQUEST AT CORPORATE OFFICE</Explanation>
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      <GeneralExplanation>
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          <AddressLine1>218 WEST FRONT STREET PO BOX 289</AddressLine1>
          <City>MEDIA</City>
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      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>false</SharingOfFacilities>
      <SharingOfPaidEmployees>false</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>false</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>RUSHTON LAND ASSOCIATES LLC</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>E</TransactionType>
        <AmountInvolved>1700000</AmountInvolved>
        <MethodOfAmtDetermination>BALANCE AT 123111</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>RUSHTON LAND ASSOCIATED LLC</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>R</TransactionType>
        <AmountInvolved>25715</AmountInvolved>
        <MethodOfAmtDetermination>INTEREST PAID ON LOAN</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
      <Form990ScheduleRPartVII>
        <Identifier>ADDITIONAL INFORMATION</Identifier>
        <ReturnReference>SCHEDULE R</ReturnReference>
        <Explanation>PART II LINE 1B THE MISSION OF THE DELCHESTER GROUP INC IS THE IDENTIFICATION AND PRESERVATION OF ENVIRONMENTALLY SENSITIVE AND SIGNIFICANT LANDS THROUGH EDUCATION ACQUISITION REALLOCATION AND CONSERVATION MEANS PART III LINE 1B THE PRIMARY ACTIVITY OF RUSHTON LAND ASSOCIATES LLC IS ACQUISITION AND DISPOSITION OF LAND FOR CONSERVANCY</Explanation>
      </Form990ScheduleRPartVII>
    </IRS990ScheduleR>
  </ReturnData>
</Return>