A number of months ago, in the email chit-chat among us, the topic came up of making some sort of financial gift to Northeast. Mardi Kline Zeiger offered to purchase some art items during her visit to Israel and to donate them for a raffle, with the proceeds going toward a class contribution to a worthy cause (such as our alma mater). She has made those purchases.
Well, Sue Karolyn Bagg did some research with the St. Petersburg College Foundation on what it takes to set up a scholarship fund. According to their rules, it takes $5000 for the fund to have our name on it. (Anything less than that goes into the general fund.) What is being discussed in emails now is a scholarship for a worthy student at Northeast who can't afford to fund an education at SPC (formerly St. Petersburg Junior College). There are 71 at Northeast now who fit this description.
Sue broke down the $5000 this way: 1 person donates $1000. 4 people donate $500 each. 20 people donate $100. Checks for $25 and $50 are also welcome. When the total endowment (with our name on it) reaches $12,500, that would produce $1000 a year for scholarship(s). Raising $50,000 means we could fund two scholarships a year.
Already David Britner and Carley Freck Bryson have sent in checks to Sue to get the project rolling. If you would like to follow their admirable example, make out a check to "SPC Foundation" with the notation "For Northeast High" and send it to Sue Foreman, 1940 Summerland Avenue, Winter Park, FL 32789.
Tuesday, May 6, 2008
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