October 28, 2014

Salisbury Educational Fund - The Future Hope for our Challenge Scholars

Bryan Noyd outlined he history and goals of this fund.  It was set up by the late, former member Marv Salisbury and his wife Fran to be an endowment where the interest would fund our challenge scholars (about $10,000 for 2 years per student).  The fund is currently at about $175,000.  The goal is to reach $1M in the next 10 years in order to fund 8-10 more scholars per year.  Our club has agreed to take $50,000 out of our excess reserves to match member contributions and other donations over the next year.  The desire is to have each member give $50 per year to the Salisbury Fund.

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