M Ruth Lee Scholarship Fund

How to apply

This foundation reports that it only funds pre-selected organizations and does not accept unsolicited applications.

APPLICATIONS WILL BE EVALUATED BASED ON: 1). LEADERSHIP QUALITIES DEMONSTRATED THROUGH EXTRA- CURRICULAR ACTIVITIES, VOLUNTEERING AND EMPLOYMENT 2). AN ESSAY WRITTEN BY THE STUDENTS 3). TWO LETTERS OF RECOMMENDATION REFLECTING THE APPLICANT'S CHARACTER AND PERSONAL QUALITIES 4). SCOLASTIC ACHIEVEMENT BASED ON GRADE POINT AVERAGE & COLLEGE ENTRANCE TEST SCORES (SAT, ACT) 5). DISCRETION OF THE COMMITTEE MEMBERS

Restrictions: A. SCHOLARSHIP OVERVIEW THE M. RUTH LEE SCHOLARSHIP FUND HAS BEEN ESTABLISHED AS AN "ENDOWED SCHOLARSHIP." AS SUCH PRINCIPAL OF THE FUND IS INVESTED TO PRODUCE INCOME, AN ANNUAL AWARD IS MADE TO STUDENTS. THE PRINCIPAL REMAINS UNTOUCHED, SO THE ENDOWMENT CAN LAST INTO PERPETUITY. ON AN ANNUAL BASIS (SPECIFIC DATE TBD) THE EARNINGS OF THE PRINCIPAL FUND ARE TRANSFERRED TO A SPENDING ACCOUNT, WHICH IN ACCORDANCE WITH TAX/TRUST REGULATIONS MUST BE DISTRIBUTED PER THE CRITERIA ESTABLISHED BY THE TRUSTEES AND IN COMPLIANCE WITH ALL APPLICABLE LAWS. B. SCHOLARSHIP FOUNDATION OPERATIONS TRUSTEE MANAGED - IN ADDITION TO MANAGING THE INVESTMENT OF PRINCIPAL, THE TRUSTEES WOULD BE ACTIVELY INVOLVED IN ALL ASPECTS OF THE TRUST. THIS MAY INCLUDE SUCH THINGS AS; COMMUNICATION OF THE SCHOLARSHIP, DISSEMINATING OF INFORMATION TO INTERESTED PARTIES, APPLICATION PROCESSING (READING ALL APPLICATIONS, INTERVIEWING WHEN/WHERE NECESSARY, OBTAINING ALL PERTINENT INFORMATION, E.G. FAMILY TAX RETURNS AND/OR F

Check the foundation's own materials before applying; details may have changed.