![](3D"TRUSTFUNDREPORT2010_files/image002.gif")
SANDUSKY CITY SCHOOLS
SCHOLARSHIP & MEMORIAL TRUST FU=
NDS
FISC=
AL YEAR
2010
July 1, 2009 – Ju=
ne 30,
2010
“Great leaders inspire others to dream more, lea=
rn
more, do more, and become more.”
&=
nbsp; &nbs=
p; &=
nbsp; &nbs=
p; &=
nbsp; &nbs=
p; =
=
-John Quincy
SANDUSKY=
CITY
SCHOOLS
ACTIVE
SCHOLARSHIP & MEMORIAL TRUST FUNDS
Table of Contents:
&nbs=
p; Fund
Name &nb=
sp; =
&nb=
sp; =
&nb=
sp; Page
&nbs=
p; Academic
Booster Club Scholarship Fund &n=
bsp; =
; &n=
bsp; =
; &n=
bsp; 1
&nbs=
p; Ackley,
E. B. Trust Fund &nb=
sp; =
&nb=
sp; =
&nb=
sp; =
&nb=
sp; 1
&nbs=
p; Alvord-Little
Fine Arts Scholarship Trust Fund =
; &n=
bsp; =
; 2
Appleby, Carmen M. Mem=
orial
Scholarship Fund &nb=
sp; =
&nb=
sp; =
2&=
nbsp;
Barker
&nbs=
p; Baumeister,
Emeline Trust Fund &=
nbsp; &nbs=
p; &=
nbsp; &nbs=
p; &=
nbsp; &nbs=
p; 3
&nbs=
p; Blancke,
Clay H. & Roberta Wood Blancke Scholarship Fund =
4
&nbs=
p; Brown,
Ron Memorial Fund &n=
bsp; =
; &n=
bsp; =
; &n=
bsp; =
; 4
&nbs=
p; Butler-Keegan,
Michelle Memorial Athletic Scholarship =
; &n=
bsp;
&nbs=
p; Choir
Robe Trust Fund &nbs=
p; &=
nbsp; &nbs=
p; &=
nbsp; &nbs=
p; &=
nbsp; 5
&nbs=
p; Close,
Albert S. Trust Fund =
; &n=
bsp; =
; &n=
bsp; =
; &n=
bsp;
&nbs=
p; Cultural
Center Memorial Fund =
; &n=
bsp; =
; &n=
bsp; =
; 6
&nbs=
p; Dorn,
Randolph J. and Estelle M. Memorial Scholarship Fund &=
nbsp; 7 =
; &n=
bsp;
&nbs=
p; Flynn,
James F. Memorial Scholarship Fund &nb=
sp; =
&nb=
sp; =
&nb=
sp; 7
&nbs=
p; Fresch,
Dominic Music Scholarship Fund &=
nbsp; &nbs=
p; &=
nbsp; &nbs=
p; &=
nbsp; 8
&nbs=
p; Frohman,
Sidney Planetarium Trust Fund &n=
bsp; =
; &n=
bsp; =
; &n=
bsp; 8
&nbs=
p;
&nbs=
p; Greenawalt,
Taylor Memorial Scholarship Fund =
; &n=
bsp; =
; &n=
bsp; 9
&nbs=
p; Hammond,
Earl R. & Dorothy M. Scholarship Fund&n=
bsp; =
;
&=
nbsp; &nbs=
p; 9
&nbs=
p;
&nbs=
p; Harbrecht,
William Memorial Scholarship Fund &nbs=
p; &=
nbsp; &nbs=
p; 10
&nbs=
p; Harple,
Robert E. Sr. Memorial Schola=
rship
Fund &nb=
sp; =
&nb=
sp; 11
Hause, Lewis A. &
Barbara Hause Battles Education Scholarship=
&=
nbsp; 11
&nbs=
p;
Table of Contents (con’t.):
&nbs=
p; Fund
Name &nb=
sp; &=
nbsp; &nbs=
p; &=
nbsp; &nbs=
p; Page
&nbs=
p; Hay,
John W. Memorial Scholarship Fund &nbs=
p; &=
nbsp; &nbs=
p; &=
nbsp; &nbs=
p; 12
&nbs=
p; Health
Careers/Transitions CCE Scholarship Fund&nb=
sp; =
&nb=
sp; =
12
&nbs=
p; HEK
Scholarship Trust Fund &nb=
sp; =
&nb=
sp; =
&nb=
sp; =
12
Hulings, James A. Art
Memorial Fund =
&nb=
sp; =
&nb=
sp; 13
&nbs=
p; Kaufman,
Harold Scholarship Trust Fund &n=
bsp; =
; &n=
bsp; =
; &n=
bsp; 13
&nbs=
p; Kidwell,
Douglas E. Memorial Athletic Scholarship Fund &=
nbsp; &nbs=
p; 14
&nbs=
p; Kirner,
Sally Memorial Scholarship Fund =
&nb=
sp; =
&nb=
sp; =
14
&nbs=
p; Kubitz,
Jennifer L. Memorial Orchestra Award &=
nbsp; &nbs=
p; &=
nbsp; 15
&nbs=
p; Leffler,
Frederick Z. Memorial Scholarship Fund =
; &n=
bsp; =
; &n=
bsp; 15
&nbs=
p;
&nbs=
p; Mayer,
Jackie Life of Significance Scholarship&nbs=
p; &=
nbsp; &nbs=
p; =
16
&nbs=
p; Meyer,
Omar E. Memorial Trust &nb=
sp; =
&nb=
sp; =
&nb=
sp; =
17
&nbs=
p; Nagel,
Carrol F. & Rose L. Scholarship Fund&nb=
sp; =
&nb=
sp; =
17
&nbs=
p; Odums,
Charles E. II Memorial Scholarship Fund&nbs=
p; &=
nbsp; &nbs=
p; &=
nbsp; 18
&nbs=
p;
&nbs=
p; Ohlemacher
Fine Arts Memorial Fund &n=
bsp; =
; &n=
bsp; =
; 18
&nbs=
p; Opie,
A.L. and Mary Scholarship Fund &=
nbsp; &nbs=
p; &=
nbsp; &nbs=
p; 19
&nbs=
p; Pahl
Family Scholarship Fund &n=
bsp; =
; &n=
bsp; =
; &n=
bsp; 19
&nbs=
p; Pierce,
Elizabeth Scholarship Fund =
; &n=
bsp; =
; &n=
bsp; =
; &n=
bsp; 20
&nbs=
p; Poggiali,
Richard & Marilyn Family Scholarship Fund &=
nbsp; &nbs=
p; 20
&nbs=
p; Rheinegger
Scholarship Fund &nb=
sp; =
&nb=
sp; =
&nb=
sp; =
21
&nbs=
p; Roberts,
Helen F. Scholarship Fund =
&nb=
sp; =
&nb=
sp; =
21
Rosemond, Louise Schol=
arship
Fund &nb=
sp; =
&nb=
sp; =
&nb=
sp; 22
&nbs=
p;
&nbs=
p;
Table of Contents (con’t.):
&nbs=
p; Fund
Name &nb=
sp; =
&nb=
sp; =
&nb=
sp; Page
&nbs=
p; &=
nbsp;
&nbs=
p; Sandusky
City Schools Education Challenge Grant =
; &n=
bsp; =
; &n=
bsp; 23
&nbs=
p; Sandusky/Erie
Community Foundation Trust Fund =
&nb=
sp; =
&nb=
sp; 23
&nbs=
p;
&nbs=
p; SHS
Class of 2000 Streak of Excellence Athlete Scholarship Fund &=
nbsp; 25=
&nbs=
p;
&nbs=
p; Schwer,
&nbs=
p;
Schwer, Wilbert G. &am=
p;
Hilma R. Scholarship Fund =
&nb=
sp; =
&nb=
sp; 27
&nbs=
p; Stahl,
Merl J. Scholarship Trust Fund &=
nbsp; &nbs=
p; &=
nbsp; &nbs=
p; 28
&nbs=
p; START
Scholarship Fund &nb=
sp; =
&nb=
sp; =
&nb=
sp; =
&nb=
sp; 28
&nbs=
p; Tankersley,
Elmer E. & Ruth A. Trust Fund &nbs=
p; &=
nbsp; &nbs=
p; &=
nbsp; &nbs=
p; 29
&nbs=
p; Thom,
Leonard J. Memorial Scholarship Trust Fund&=
nbsp; &nbs=
p; &=
nbsp; &nbs=
p; 29
&nbs=
p; Van
Hoorn, Helen Renner Memorial Fund &nbs=
p; &=
nbsp; &nbs=
p; &=
nbsp; &nbs=
p; 30
&nbs=
p; White,
Herbert C. Memorial Scholarship Fund &=
nbsp; &nbs=
p; &=
nbsp; 30=
&nbs=
p; Wisdahl,
Susie Taylor Education Scholarship Fund&nbs=
p; &=
nbsp; &nbs=
p; &=
nbsp; 31
&nbs=
p; Ziemke,
Howard Memorial Education Scholarship Fund&=
nbsp; &nbs=
p; &=
nbsp; 31
The Sandusk= y City Schools Board of Education:
Mrs. Faith = Denslow, President
Mr. Jeff Kr= abill, Vice-President
Mr. King Ba= er, Member
Mr. Richard= Koonce, Member
Mr. Tracy S= hoemo, Member
A special thanks to . . . .
All
of our generous donors
Dr.
Barbara Straka-Kenning, SHS Guidance Director
=
M=
r.
Daniel Poggiali, SHS Principal
=
S=
HS
Scholarship Committee Members
. . .=
. for
all of their efforts on behalf of the students of
= <= o:p>
Note of interest:
The Sandusky High School Scholarship Committee, responsible for vari=
ous
scholarship funds named in report, consists of the following faculty: Sandusky High School Princip=
al,
three Sandusky High School Assistant Principals, Sandusky High School
Counselors, Art Department Chairperson, English Department Chairperson, Math
Department Chairperson, Music Department Chairperson, & two other Senior
Instructors.
SANDUSKY=
CITY
SCHOOLS
ACTIVE
SCHOLARSHIP & MEMORIAL TRUST FUNDS
007-9743 &=
nbsp;
ACADEMIC BOOSTER CLUB SCHOL=
ARSHIP
FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
= $7,821.71 &nb= sp; = $111.97 &= nbsp; &nbs= p; $202.85 &= nbsp; $500.00 &= nbsp; &nbs= p; $7,636.53
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
= $7,636.53 &nb= sp; = $47.81 &= nbsp; &nbs= p; $0.00= &= nbsp; &nbs= p; $1,000.00 &= nbsp; &nbs= p; $6,684.34 &= nbsp;
Purpose:=
To be used for scholarship awarded=
to one
eighth grade student that meets the criteria established by the Academic
Booster Club. The student will
receive $500.00.
Limits:<=
/span> $500.00 will be awarded to the sel=
ected
student at the time of graduation from
Responsi=
bility: Academic Booster Club Scholarship
Committee.
Establis=
hed: 08/1997 Amended: 05/2001,=
01/2009
008-9711 &=
nbsp;
E. B. ACKLEY TRUST FUND=
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09
Expenditures FY09 =
Ending bal. 6/30/09
= $70,883.56 &n= bsp; = ; $1,224.02 = = ($10,907.24) * &nbs= p; = $0.00 &= nbsp; &nbs= p; $61,2= 00.34
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
=
$61,200.34 &n=
bsp; =
; $943.00 =
=
8,499.72
(* Westvaco stock values adjusted J= une 30th each year.)
Purpose:=
The income to be applied, from tim=
e to
time, to assist the needy and worthy students who are members of the Sandus=
ky
High School Band and/or Orchestra in the purchase of instruments for their
further advancement in music, or for their instruction in music.
Limits:<=
/span> Interest earned. (Determination se=
t forth
by Superintendent in 9/87-expenditures not to exceed interest earned during=
one
fiscal year as to avoid destruction of fund, unless such expenditures are
approved by Superintendent in advance.)
Responsi=
bility: The Superintendent and
Establis=
hed: 09/1957 Amended: 09/1989 =
(to include Orchestra Students)
page 1
008-9713 &=
nbsp;
ALVORD-LITTLE FINE ARTS
SCHOLARSHIP TRUST FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09
Expenditures FY09
Ending bal. 6/30/09
= $305,611.27 $4,3= 31.53 &= nbsp; &nbs= p; $0.00 = $21,750.00= &= nbsp; &nbs= p; $288,192.80
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
= $288,192.80 $1,9= 69.48 &= nbsp; &nbs= p; $0.00 = $14,550.00= &= nbsp; &nbs= p; $275,612.28
Purpose:=
For graduate(s) each year to recei=
ve
award, demonstrating talent in the fine arts field and who is interested in
pursuing further education in such field.&=
nbsp;
If no student qualified in field of fine arts, award may go to stude=
nt
of promise in field of music or dance.
Limits:<=
/span> Not to exceed net
income in any given year or any
accumulation of such interest earned from original
principal amount of $225,000.00. All awards are renewable for three =
(3)
additional years to full time students in good standing as defined by their
training institution. If no students selected for per=
iod of
five (5) consecutive years, fund principal and accumulated interest shall t=
hen be
transferred to Toledo Museum of Art for scholarship disbursement.
Responsi=
bility:
Establis=
hed: 12/1977 Amended: 09/1984,=
04/1992,
07/1994
008-9749 &=
nbsp;
CARMEN M. APPLEBY MEMORIAL SCHOLARS=
HIP
FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
$17,581.46 &n= bsp; = ; $252.76 &= nbsp; &nbs= p; $2,152.00 * &n= bsp; $2,0= 00.00 &= nbsp; &nbs= p; $17,986.22
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 Expenditures
FY10 &n=
bsp;
Ending bal. 6/30/10
$17,986.22 &= nbsp; &nbs= p; $116.70 &= nbsp; &nbs= p; $2,102.00 * &n= bsp; $2,0= 00.00 &= nbsp; &nbs= p; $18,204.92
(* Specific supplemental = donation given by Mrs. Gloria Dobish to guarantee award amount of $2,000.00)
Purpose:=
For graduating senior who will be
attending
Limits:<=
/span> Student must be
attending
Responsi=
bility: SHS Scholarship Commi=
ttee
and Mrs. Gloria Dobish, or her designee, should they desire a seat.
Establis= hed: 08/2001, Amended: 05/2008<= o:p>
page 2
007-9737 &=
nbsp;
BARKER
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09 Donations
FY09 &n=
bsp;
Expenditures FY09
Ending bal. 6/30/09
= $362.31 = ; &n= bsp; $7.03 &= nbsp; &nbs= p; $750.00 = $630.00 = ; &n= bsp; $489.34
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
= $489.34 = ; &n= bsp; $3.57 &= nbsp; &nbs= p; $0.00 = $0.00 &= nbsp; &nbs= p; $492.91
Purpose:=
To offer SBH Students an opportuni=
ty to
attend summer camp that is specifically designed for students with
disabilities.
Limits:<=
/span> Donations and/or interest from fun=
d to
be used to pay for camp fees and/or supplies when necessary.
Responsi=
bility:
Establis=
hed: 05/1991
007-9721 &=
nbsp;
EMELINE BAUMEISTER TRUST FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09
Expenditures FY09
Ending bal. 6/30/09
= $194,848.44 $2,949.50 &= nbsp; &nbs= p; $0.00 = $0.00 &= nbsp; &nbs= p; $197,797.94
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10 Ending
bal. 6/30/10
= $197,797.94 $1,426.17 &= nbsp; &nbs= p; $0.00 = $0.00 &= nbsp; &nbs= p; $199,224.11
Purpose:=
Established for the
Limits:<=
/span> Use of income and principal, as deemed appropriate.
Responsi=
bility:
Establis=
hed: 12/1981 &nbs=
p; &=
nbsp;
page 3
008-9741 &=
nbsp;
CLAY H. BLANCKE & ROBER=
TA
WOOD BLANCKE SCHOLARSHIP
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'> Interest/Div. FY09
Donations FY09 Expenditures
FY09 &n=
bsp;
Ending bal. 6/30/09
$585,027.21 &=
nbsp; &nbs=
p; $8,552.24 &=
nbsp; &n=
bsp; =
; $0.00 &=
nbsp; $21,750.00=
&=
nbsp; &nbs=
p; $571,829.45
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
$571,829.45 &= nbsp; &nbs= p; $4,065.03 &= nbsp; &n= bsp; = ; $0.00 &= nbsp; $7,590.00<= span style=3D'mso-tab-count:2'> &= nbsp; &nbs= p; $568,304.48 &n= bsp;
Purpose:=
Scholarship awards to be used for
college by
Limits:<=
/span> Income only. All income each year to be a=
warded
as scholarships and no income shall be accumulated from year to year.
Responsi=
bility:
Establis=
hed: 05/1996
007-9470 &=
nbsp;
RON BROWN MEMORIAL FUND=
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
= $1,137.44 &nb= sp; = $17.35 = &nb= sp; $0.0= 0 &= nbsp; = $0.00 * = &nb= sp; $1,15= 4.79
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10
Expenditures FY10
Ending bal. 6/30/10
=
$1,154.79 &nb=
sp; =
$8.30 &=
nbsp; &nbs=
p; $0.00 &=
nbsp; &nbs=
p; $0.00 =
&=
nbsp; $1,163.09<=
/p>
(* Funded this year by th=
e SHS
Choir Fund since not enough interest earnings to cover expense.) Purpose:=
To recognize member(s) of choir sho=
wing
outstanding dedication and service to the choir. Limits:<=
/span> Award shall be $100.00 savin=
gs
bond and individual plaque. S=
hould
monies accrued exceed amount necessary for award presentation, excess may be
used for choir’s benefit, with school principal’s consent. Remaining monies must be adequate =
to
continue initial fund. Dispos=
ition
of any principal will be initiated by the Brown family. Responsi=
bility: Nominations made by choir members.=
Award administered by committee co=
mposed
of SHS Principal, Music Department chairperson, Choir Director and Counselo=
rs,
and Mr. and Mrs. Paul Brown, should they desire seat. Establis=
hed: 01/1980 Amended: 05/1991 page 4 008-9753 &=
nbsp;
MICHELLE BUTLER-KEEGAN MEMO=
RIAL
ATHLETIC SCHOLARSHIP Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
= $0.00 &= nbsp; &nbs= p; $2.24 &= nbsp; $1,915.25 &= nbsp; $0.00 &= nbsp; &nbs= p; $1,917.49
Purpose:=
Scholarship award for a SHS gradua=
ting
senior who has been accepted into an institution of higher learning to majo=
r in
a field of study of his/her choice, has been a varsity athlete, has
demonstrated quality citizenship, good moral character, and has financial n=
eed.
Limits:<=
/span> Interest earnings onl=
y to
determine amount of award. If
interest earnings cannot guarantee a minimum of a $100.00 award, then no aw=
ard
shall be given in that graduating year, unless the Butler Family chooses to
supplement said earnings. Fir=
st
award shall to be presented to a graduating senior of the Sandusky High Sch=
ool
Class of 2011. (Open for
contributions.)
Responsi=
bility: SHS Scholarship Committee and Mr.
William R. Butler III or his designee, should they desire a seat.
Establis=
hed: 11/16/09
007-9725 &=
nbsp;
CHOIR ROBE TRUST FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09
Expenditures FY09
Ending bal. 6/30/09
= $19,645.66 &n= bsp; = ; $297.54 &= nbsp; &nbs= p; $0.00 &= nbsp; = $0.00 &= nbsp; &nbs= p; $19,943.20
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
= $19,943.20 &n= bsp; = ; $143.79 &= nbsp; &= nbsp; $0.00 = $0.00 &= nbsp; &nbs= p; = $20,086.99
Purpose:=
For purchase of new choir robes fo=
r
Limits:<=
/span> Interest to be
accumulated. Monies to be tur=
ned
over, upon written request, to the SHS Choir Director, or committee delegat=
ed
to complete drive for new robes.
Responsi=
bility:
Establis=
hed: 50th Anniversary of SHS Choir
page 5
008-9722 &=
nbsp;
ALBERT S. CLOSE TRUST FUND<=
/b>
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09 Ending
bal. 6/30/09
= $34,690.76 = = $525.= 12 &= nbsp; &= nbsp; $0.00= $0.0= 0 &= nbsp; &nbs= p; $35,215.88
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
= $35,215.88 = $253.= 77 &= nbsp; = $0.00= $0.0= 0 &= nbsp; &nbs= p; $35,469.65
Purpose:=
To give lecture services of one or=
more
persons experienced in politics, either as the holder of public office, or =
as
an official of a major political party.&nb=
sp;
To give instruction to the students in the secondary schools =
in
the practical aspects of partisan politics in relation to the governmental
processes at any and all levels, (local, state or national). May be given by single lectu=
re to
entire student bodies, or with particular classes of pupils. To minimize discussion of principl=
es of
any particular political party or organization, and will be directed to the
means and methods by which political organizations attempt to secure the
election of their candidates, or the enactment into law of the measures of
policies which they endorse.
Limits:<=
/span> Net income of fund. No time constraints stated. Original endowment gift: $10,000.00
Responsi=
bility:
Establis=
hed: 08/1982
007-9105 &=
nbsp;
CULTURAL CENTER MEMORIAL FU=
ND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
=
$3,271.15 &nb=
sp; =
$49.=
76 &=
nbsp; &nbs=
p; $85.00 &=
nbsp; =
$0.00 &=
nbsp; &nbs=
p; $3,405.91<=
/p>
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'> Interest/Div.
FY10 &n=
bsp;
Donations FY10
Expenditures FY10 =
Ending bal. 6/30/10 =
$3,405.91 &nb=
sp; =
$24.=
65 &=
nbsp; &nbs=
p; $25.00 &=
nbsp; =
$ 0.00 =
$3,455.56<=
/p>
Purpose:=
Memorial contributions shall be us=
ed for
permanent improvements to the gallery and its furnishings. If sufficient funds are given in m=
emory
of an individual, the Capital Improvements Committee may consider a permane=
nt
memorial not to exceed the sum of those contributions. Limits:<=
/span> None stated. (Open for contributions) Responsi=
bility: Director of Cultural Center and
Executive Committee Revision
Established: 11/1999 page 6 008-9740 &=
nbsp;
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
=
$52,766.41 &n=
bsp; =
; $769=
.85 &=
nbsp; &nbs=
p; $0.00 &=
nbsp;
$2,200.00 &nb=
sp; =
$51,336.26 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
$51,336.26 = $364.76 = ; &n= bsp; $0.00 &= nbsp; $720.00 &= nbsp; &nbs= p; $50,981.02 &= nbsp;
Purpose:=
Scholarship awards to be used for
college or other post high school education by graduating
Limits:<=
/span> Income only. If at any time for any reason the
educational purpose of this gift becomes impossible to carry out, the funds
shall revert to the Randolph J. and Estelle M. Dorn Foundation.
Responsi=
bility:
Establis=
hed: 07/1995
008-9723 &=
nbsp;
JAMES F. FLYNN MEMORIAL
SCHOLARSHIP FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
= $81,689.02 &n= bsp; = ; $1,200.56 &= nbsp; &nbs= p; $0.00 = = $3,189.00 &= nbsp; &nbs= p; $79,700.58
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
= $79,700.58 &n= bsp; = ; $568.04 &= nbsp; &n= bsp; = ; $0.00 = $845.00 &= nbsp; &nbs= p; $79,423.62
&n= bsp; = ; &n= bsp; = ; &n= bsp;
Purpose:=
Scholarships are to be for college=
or
other post high school education of graduates, with particular consideratio=
n to
be given to the legal education of worthy students. Awarded monies are divi=
ded
as follows: 70% to current SHS
seniors, and 30% to law school students, whenever applicable.
Limits:<=
/span> Income earned from fund for schola=
rship
award purposes, formulated by and left to the sound discretion of Sandusky
Board of Education and its successors.
Responsi=
bility:
Establis=
hed: 12/1963
page 7
008-9743 &=
nbsp;
DOMINIC FRESCH MUSIC SCHOLA=
RSHIP
FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
=
$21,125.90
$307.88 =
; &n=
bsp; $0.00 &=
nbsp; =
$900.00 &=
nbsp; &nbs=
p; $20,533.78
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
= $20,533.78 $145.78 &= nbsp; &nbs= p; $0.00 &= nbsp; &nbs= p; $285.00 &= nbsp; &nbs= p; $20,394.56 &= nbsp;
Purpose:=
Income from fund to be awarded as =
annual
scholarship to a graduating senior, selected by the SHS Scholarship Committ=
ee,
who intends to continue his or her music education at a university, college=
, or
a post high-school accredited music institution.
Limits:<=
/span> Income earned. In situations where several studen=
ts
qualify, the need factor shall be considered, together with student’s
interest and love of music.
Responsi=
bility:
Establis=
hed: 07/1997
007-9712 SIDNEY FROHMAN PLANETARIUM TRUST FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
= $91,988.71 $1,392.57<= span style=3D'mso-tab-count:2'> &= nbsp; &nbs= p; $0.00 = $0.00= &= nbsp; &nbs= p; $93,381.28
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
=
$93,381.28 &n=
bsp; =
; $673.30 Purpose:=
Income and principal of sum of $100,000.00 to be used for the
maintenance, upkeep, and operation of Sidney Frohman Planetarium in the Limits:<=
/span> Interest and principal amount can be used. No limitations, except any set by =
Board
of Education and successors. Responsi=
bility: Establis=
hed: 08/1977 page 8 029-1001 TAYLOR GREENAWALT MEMORIAL SCHOLARSHIP FUND Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
$0.00 &= nbsp; &nbs= p; = $.10= &= nbsp; &nbs= p; = $327.00 &= nbsp; $.0.= 00 &= nbsp; &nbs= p; $327.10 &= nbsp;
Purpose: To honor the memory =
of
Mills fifth grader, Taylor Greenawalt, who passed away suddenly on May 1,
2010. This scholarship will be
first available to college-bound students in the SHS graduating class of 20=
17,
who were classmates of Taylor during the 2009-2010 school year @ Mills
Elementary and thereafter, to students who graduated from Mills Elementary
School. Criteria for award:
Limits:<=
/span> Interest and principal up to $1,000.00 per=
year
until fund is fully expended. (Open
for contributions.)
Responsi=
bility: SHS Scholarship Committee
Establis=
hed: 6/2010
008-9734 EARL R. & DOROTHY M. HAMMOND SCHOLARSHIP FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
= $97,984.29 = = $1,490.79 = &= nbsp; $8,500.00 &= nbsp; $4,1= 00.00 &= nbsp; &nbs= p; $103,875.08
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
$103,875.08 &= nbsp; &nbs= p; $747= .18 &= nbsp; &nbs= p; $3,500 &= nbsp; $1,3= 90.00 &= nbsp; &nbs= p; $106,732.26
Purpose: Educational scholars=
hip
award for student(s) who meet following criteria: graduate of
Limits:<=
/span> Interest earned only.<=
span
style=3D'mso-spacerun:yes'> (Open for contribution=
s.)
Responsi=
bility: Superintendent, acting as Tr=
ustee
of Fund
Establis=
hed: 10/1989, Amended: 01/2006
page 9
007-9733
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09 Donations
FY09 &n=
bsp;
Expenditures FY09
Ending bal. 6/30/09
= $470.32 = ; &n= bsp; = $7.05 &= nbsp; &nbs= p; $4.63= &= nbsp; &nbs= p; $0.0= 0 &= nbsp; &nbs= p; $482.00
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
= $482.00 = ; &n= bsp; $3.43 = &n= bsp; = ; $0.00 &= nbsp; &nbs= p; $0.0= 0 &= nbsp; &nbs= p; $485.43
Purpose:=
Limits:<=
/span> Closed to donations.
Responsi=
bility:
Establis=
hed: 07/1976, as passbook savings accoun=
t with
$100.00 donation.
Amended:=
01/1989, transferred to trust fund=
, per
auditor recommendation.
007-9741 &=
nbsp;
WILLIAM HARBRECHT MEMORIAL
SCHOLARSHIP FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
= $19,568.97 $283.22 = ; &n= bsp; $785.00 = $1,000.00 &= nbsp; &nbs= p; $19,637.19
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
= $19,637.19 $134.47 &= nbsp; &nbs= p; $35.00 = $1,000.00 = &= nbsp; $18,806.66 &= nbsp;
(Dorothy Weis Estate added $10,000.00 to principal in FY03.)
Purpose:=
To assist needy and worthy s=
tudent
planning a 4-year degree at an accredited university. Needy
to be defined as “student whose family’s gross annual income to=
not
exceed $45,000.00” and should be considered before all others. Worthy
to be defined as “student with 2.25 GPA or higher.” Student should be of good moral
character and must have partic=
ipated
on the swimming team, as did Mr. Harbrecht, or be a letter winning student
trainer in the sport, and/or a member of the music department for a minimum=
of
3 years. A student pursuing n=
ursing
or medical degree shall be given greater preference. A student choosing
&nbs=
p; &=
nbsp; &nbs=
p;
Limits:<=
span
style=3D'mso-spacerun:yes'> Interest earned annually, rounded to the =
next
highest $25.00 increment, or $1,000.00, whichever is greater, unless otherw=
ise
specified by the Harbrecht family.
This amount may be amended in the future by Mr. Harbrecht and Mrs. H=
ill. (Open for contributions)
Responsi=
bility: Committee composed of SHS Principa=
l,
Assistant Principal, Swim Team Coach, Music Dept. Head, and Judee Hill and
Joseph W. Harbrecht, should they desire a seat.
Establis=
hed: 02/1996 (First Award: Graduating Class of 1=
997)
page 10
007-9750 &=
nbsp;
ROBERT E. HARPLE SR. MEMORI=
AL
SCHOLARSHIP FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
= $1,069.43 $4.48 &= nbsp; $1,007.95 &= nbsp; $1,00= 0.00 &= nbsp; &nbs= p; $1,0= 81.86
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
= $1,081.86 $2.17 &= nbsp; $1,000.00 &= nbsp; $1,0= 00.00 &= nbsp; &nbs= p; $1,0= 84.03
Purpose:=
In honor of Robert E. Harple, Sr., 1932 SHS graduate and outstanding
athlete who excelled in football and track and was inducted into the SHS Ha=
ll
of Fame in 1991.
Criteria for recipient:
applicant must have applied and been accepted to a college or univer=
sity,
have a minimum GPA 2.7, have an exceptional athletic ability, and financial
need preferred. Scholarship a=
ward
will be at least $1,000.00 (given by Mr. & Mrs. Robert Harple Jr.) Alternate years will determine mal=
e or
female recipient. First award=
to be
$1,000 each to one boy and one girl for a total of $2,000.00 for the SHS cl=
ass
of 2003.
&nbs=
p; &=
nbsp; &nbs=
p;
Limits:<=
span
style=3D'mso-spacerun:yes'> Donations as submitted by Robert and Gayle
Harple, Jr.
Responsi=
bility:
Establis=
hed: 02/2003
007-9726 LEWIS A. HAUSE AND BARBARA HAUSE BATTLES MEMORIAL
EDUCATION SCHOLARSHIP
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
$19,699.03<=
span
style=3D'mso-tab-count:2'> &=
nbsp;
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
$20,490.76 &n=
bsp; =
; $141.93 &=
nbsp; &nbs=
p; $950.00 * =
; $500.00
(* Supplemental donation =
given by
Mr. Melvin Battles to guarantee award amount @ $1,000.00 each year.)
Purpose<=
/span>: Scholarship award for a graduating
senior who has met following requirements:=
Accepted into the Firelands Campus/Bowling Green State University for
fall term following graduation, majoring in education with accumulative GPA=
of
2.5-3.2 throughout high school, shown exemplary citizenship and leadership =
in
student activities, and good moral character in opinion of committee. Students with financial need to be=
considered
before all others.
Limits:<=
/span> Award amount yearly: $1,000.00. (To be supplemented by donation gua=
rantee
from Mr. Melvin Battles if interest earnings are not enough to support such
amount.*) If no student quali=
fied
to receive award in any one year, award amount to be retained as part of fu=
nd.&nbs=
p;
(Open for
contributions)
Responsi=
bility: SHS Scholarship Committee and Mr. =
Melvin
Battles, if he so desires a seat.
Establis=
hed: 06/1985 Amended: 07/2002<=
/span>
page 11
008-9745 &=
nbsp;
JOHN W. HAY MEMORIAL SCHOLA=
RSHIP
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
= $472.24 = ; &n= bsp; $7.09 &= nbsp; $2.67 = ; = $0.00 &= nbsp; &nbs= p; $482.00
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'> Interest/Div. FY1=
0
Donations FY10
Expenditures FY10
Ending bal. 6/30/10
= $482.00 = ; &n= bsp; = ; $3.43= &= nbsp; $0.00 &= nbsp; &nbs= p; = $0.00 &= nbsp; &nbs= p; $485.43
Purpose/Limits/Responsibility to be established =
by
Mrs. John Hay in the future.
Establis=
hed: 02/1999
007-9731 &=
nbsp;
HEALTH CAREERS/TRANSITIONS =
CCE SCHOLARSHIP
FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
= $1,866.91 &nb= sp; = $26.= 15 &= nbsp; = $0.00 = = $395.00 &= nbsp; &nbs= p; $1,498.06
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
= $1,498.06 &nb= sp; = $10.= 78 &= nbsp; &= nbsp; $0.00 &= nbsp; = $0.00 &= nbsp; $1,508.84
Purpose:=
This fund was established to aid
selected students of our Health Careers Programs in achieving their educati=
onal
goals by assisting them in eliminating financial barriers, so they can cont=
inue
their education with
&nbs=
p; &=
nbsp;
Limits:<=
/span> None stated. (Open for contributions to
continue fund)
Responsi=
bility: Selection process determined by Pr=
ogram
Coordinator.
Establis=
hed: 04/1987 Amended: 05/2002,=
09/2006
008-9751 &=
nbsp;
HEK SCHOLARSHIP TRUST FUND<=
/b>
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
= $82,014.49 &n= bsp; = ; $1,6= 53.14 = = ($20,447.90) * &nbs= p; $2,100.00 &nb= sp; = $61,119.73
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10 Donations FY10
Expenditures FY10
Ending bal. 6/30/10
$61,119.73 &n= bsp; = ; $29,= 049.01 = $0.00 * $1,650.00 &= nbsp; &nbs= p; $88,518.74
(*Sara Lee/HanesBrand sto= ck adjusted June 30th each year)
Purpose:= To establish and maintain a schola= rship for needy high school seniors with high scholastic standing in the field of science and/or mathematics. <= o:p>
Limits:<=
/span> Income from fund to be used for one
award per year, as selected by the SHS Principal or his nominee, in memory =
of
the Hengel, Eich, and Krahulic
families, and to be further known as the HEK
Scholarship.
Responsi=
bility: SHS Principal and Scholarship Comm=
ittee
Establis=
hed: 03/2006 by the Estate of Karl A. H=
engel
page 12
007-9734 &=
nbsp;
JAMES A. HULINGS ART MEMORI=
AL
AWARD
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
= $728.26 = ; &n= bsp; $11.= 12 &= nbsp; &nbs= p; $0.00 = = $0.00 &= nbsp; &nbs= p; $739= .38
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
= $739.38 = ; &n= bsp; $5.3= 6 &= nbsp; &nbs= p; $0.00 &n= bsp; = ; $0.00 &= nbsp; &nbs= p; $744= .74
Purpose:=
To honor a current SHS art student=
for
outstanding work. Competition=
to be
held at annual art show. To
enter: $.50 entry application=
fee
and completed entry form submitted to Art Dept. Chairperson no later that A=
pril
21 of that year. (Application=
fee to
be used to maintain the fund and to help insure only serious entries
submitted.)
Limits:<=
/span> $100 savings bond, cost of
framing/displaying winning work, cost of adding name plate to Hulings plaque
and winning work, for as long as funds last.
Responsi=
bility: member of SHS Art Dept., Principal=
or
designee, and member of counseling staff.
Establis=
hed: 01/1990
008-9710 HAROLD KAUFMAN SCHOLARSHIP TRUST FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
= $7,463.25 &nb= sp; = $108.97 = ; &n= bsp; $0.00 &= nbsp; $300.= 00 &= nbsp; &nbs= p; $7,272.22<= /p>
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
= $7,272.22 &nb= sp; = $51.= 75 &= nbsp; &nbs= p; $0.00 = $100.= 00 &= nbsp; &nbs= p; $7,223.97<= /p>
Purpose:=
Grants to be awarded to worthy and
deserving graduates entering study of music at accredited college or
university, whether to study for professional career or field of music
education.
Limits:<=
/span> Interest earned from fund. If no candidate qualified in any g=
iven
year, earned monies to be retained as part of fund. Within power of
committee to consider awarding continued grant for years subsequent to orig=
inal
grant, in lieu of naming another new recipient. In year 1990, or thereafter,=
or
after lapse of 25 years operating under stated policies, if conditions are =
such
that in the opinion of the Board of Education, the principal can be used ra=
ther
than interest only, it shall be the right of the Board to notify the
Scholarship Committee for the disposition of funds. (Open for contributions.)
Responsi=
bility:
Establis=
hed: 10/1964
page 13
007-9719 &=
nbsp;
DOUGLAS E. KIDWELL MEMORIAL
ATHLETIC SCHOLARSHIP
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditur=
es
FY09 &n=
bsp;
Ending bal. 6/30/09
=
$24,930.61 =
=
$370.45 &=
nbsp; &nbs=
p; $605.00 * &n=
bsp;
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
=
$25,156.06 &n=
bsp; =
; $178.78
(* Specific supplemental = donation given by Mr. and Mrs. Gene Kidwell to guarantee award for Class of 2009)
Purpose:=
Grants made annually when, in the
opinion of Committee, a graduating senior(s), accepted into an institution =
of
higher learning in major field of study of his/her choice, has been a varsi=
ty
athlete, has demonstrated exemplary citizenship, good moral character, and =
financial
need.
Limits:<=
/span> Accumulated earnings determine awa=
rd
amount. If no student qualifies in any =
said
year, designated monies shall be retained as principal. Any disposition =
of
principal shall be initiated by Kidwell family. Historically: $500.00 award given. (Open for contributions.)
Responsi=
bility: Committee composed of SHS Principa=
l,
Assistant Principal of Student Affairs, Athletic Director, Counselors, and =
Mr. and
Mrs. C. Eugene Kidwell, should they desire a seat.
Establis=
hed: 08/1979
007-9715 &=
nbsp;
SALLY KIRNER MEMORIAL SCHOLARSHIP F=
UND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
= $54,275.71 = &= nbsp; $795.92 &= nbsp; = $0.00 = &= nbsp; $2,10= 0.00 &= nbsp; &nbs= p; $52,971.63
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
=
$52,971.63 =
$390.13 &=
nbsp; =
$8,3=
00.00 &=
nbsp; $745.00
Purpose:=
Grants made annually to graduating
senior accepted into college for fall term, who demonstrated full use of
his/her music talent, good moral character, & academic excellence.
Limits:<=
/span> Awards made from accumulated earni=
ngs. In event that no student qualif=
ied to
receive award, said monies shall be retained as principal. Any disposition of principal shall=
be
initiated by Kirner family, or their agent. (Open for contribution=
s.)
Responsi=
bility: Committee composed of three (3) SHS
Music Directors (Band, Choir, and Orchestra), SHS Principal and Counselors,=
and
(either or both) Mr. and Mrs. William Kirner, should they desire a seat.
Establis=
hed: 06/1979
page 14
008-9737 &=
nbsp;
JENNIFER L. KUBITZ MEMORIAL
ORCHESTRA AWARD
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'> Interest/Div. FY09
Donations FY09 Expenditures
FY09 &n=
bsp;
Ending bal. 6/30/09
= $1,529.80 &nb= sp; = $23.22 &= nbsp; &nbs= p; $0.00 = $0.00 &= nbsp; &nbs= p; = $1,553.02<= /p>
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
=
$1,553.02 &nb=
sp; =
$11.20 &=
nbsp; &nbs=
p; $0.00 =
$0.00 &=
nbsp; &nbs=
p; $1,564.22<=
/p>
Purpose:=
To recognize Senior strings studen=
ts of
the Limits:<=
/span> Initial plaque to be purchased in =
fall,
1993. Then, interest to be us=
ed to
award a $100.00 savings bond to yearly nominee. In the event of two winners, the a=
ward
will be split evenly. Original
corpus/gift: $966.00 Responsi=
bility: Nomination by orchestra members.
Establis=
hed: 06/1993 Amended:
06/1997
007-9718 FREDERICK Z. LEFFLER MEMORIAL SCHOLARSHIP FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09
Expenditures FY09
Ending bal. 6/30/09
= $7,401.96 $106= .10 &= nbsp; &nbs= p; $405.00 * = $500.00 = ; &n= bsp; $7,413.06<= /p>
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10
Expenditures FY10
Ending bal. 6/30/10
=
$7,413.06 $53.=
12 &=
nbsp; &nbs=
p; $435.00 * =
; $500.00 &=
nbsp; &=
nbsp; $7,401.18<=
/p>
(* Supplemental donation =
given by
the Leffler Family to guarantee award amount @ $500.00 each year.) Purpose:=
General Scholarship award to any s=
enior
selected by Scholarship Committee. &n=
bsp;
Limits:<=
/span> Awards for future=
years
will be determined by the amount of interest such principal shall earn, plus
any amount the family (daughter, Lynn Leffler Corrigan and son, Michael
Leffler) may wish to contribute to supplement award. Historically: $500.00 award given.=
(Open for contributions.) Responsi=
bility: Establis=
hed: 05/1986 page 15 007-9740 Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
= $3,045.42 $38.21 &= nbsp; &nbs= p; $0.00 &= nbsp; $600.= 00 &= nbsp; &nbs= p; $2,483.63
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
=
$2,483.63 $63.10 =
&=
nbsp; $6,998.01 &nb=
sp; $600.00
Purpose:=
Scholarship award for two students =
who
attended Madison Elementary for one year or more. Student should have GPA of 3.2 or =
better
and have shown good citizenship and good moral character. Funds can be used for any advanced
training after high school graduation.&nbs=
p;
Due to the closing of Madison Elementary in 2009, as of the graduati=
ng
class of 2022 there may be no students who attended
Limits:<=
/span> Two yearly awards of $300.00 each
beginning in 2010. If no stud=
ents
qualify in any given year, designated monies will be retained as principal.=
The committee has authority to inv=
ade
principal to cover the 2 yearly awards.&nb=
sp;
(Open for contributions)
Future of
Funds: When cash balance is below $700.00=
for
the year, the remaining funds are to be transferred to the Earl R. &
Dorothy M. Hammond Scholarship Fund (former principal of Madison
Elementary). At that time the
former Madison School Alumni Scholarship Fund will be closed.
Responsi=
bility: SHS Scholarship Committee
Establis=
hed: 09/1995 Amended:
01/2001, 03/2004, 09/2009
007-9744 JACKIE MAYER LIFE OF SIGNIFICANCE SCHOLARSHIP FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
= $515.68 = ; &n= bsp; $1.81 &= nbsp; $500.00 &= nbsp; = $500.00 &= nbsp; = $517.49
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
$517.= 49 &= nbsp; $0.29 &= nbsp; $500.00 &= nbsp; $500.00 &nbs= p; &= nbsp; $517.78 = ;
Purpose:=
Scholarship award inspired by life,
work, and accomplishments of SHS Alumna, Jackie Mayer. To be awarded to graduating senior=
who
is in the top 10% of graduating class and has shown broad interests in
extra-curricular involvement and service projects. To be used for a major in theatre =
or
speech, occupational, or physical therapy.
Limits:<=
/span> (Open for contributions.)
Responsi=
bility: SHS Scholarship Committee and Jack=
ie Mayer
Townsend, should she desire.
Establis=
hed: 10/2002 (w/proceeds f=
rom
Jackie Mayer “Miss
page 16
008-9736 OMAR E. MEYER MEMORIAL TRUST FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 <=
span
style=3D'mso-spacerun:yes'> Expenditures
FY09 &n=
bsp;
Ending bal. 6/30/09
= $2,368.10 &nb= sp; = $35.41 &= nbsp; &nbs= p; $0.00 &n= bsp; = ; = $36.00 &= nbsp; &nbs= p; $2,367.51<= /p>
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
$2,367.51 Purpose:=
Annual recognition of outstanding
welding student, in remembrance of Omar E. Meyer’s involvement and
commitment to education in Limits:<=
/span> Interest earned. Selection based upon vocational te=
st
scores, classroom performance, attendance, and instructor recommendation. Responsi=
bility: Establis=
hed: 06/1992 (original corpus/gift: $2,000.00) CARROL F=
. AND
ROSE L. NAGEL SCHOLARSHIP FUND* =
; &n=
bsp; =
; *This trust fund is=
held
with Merrill Lynch Co. - Acct. #64C-10701 Beginning portfolio va=
lue
07/01/08* &=
nbsp; Scholarship payments FY09<=
/u> &=
nbsp; Ending portfo=
lio
value 6/30/09* $324,056=
.36 &=
nbsp; &nbs=
p; &=
nbsp; =
$4,529.31 &nb=
sp; =
&nb=
sp; =
$267,201.96 Beginning portfolio va=
lue
07/01/09* &=
nbsp; Scholarship payments FY10<=
/u> &=
nbsp;
Ending
portfolio value 6/30/10*<=
/p>
$267,201=
.96 &=
nbsp; &nbs=
p; &=
nbsp; =
$ 5,514.37 &=
nbsp; &nbs=
p; =
$306,434.36 (*
All investments and stocks held by Merrill Lynch.) Purpose:=
To assist SHS graduates in obtaini=
ng
college education by providing financial assistance for tuition, books, room
and board, and other such related educational expenditures as may be approv=
ed
by Trustee. Special recogniti=
on
shall be given to financial need of graduate and his/her inability to secur=
e a
higher education without such assistance.&=
nbsp;
&nbs=
p; &=
nbsp; Limits:<=
/span> Income only, but if income shall e=
ver
not prove sufficient, Trustee may spend part of principal as needed. Only one graduate to receive assis=
tance
at any one time. However, if =
income
deemed sufficient, a second graduate may be awarded assistance. Award granted on year to year basi=
s, not
to exceed five years, and renewable at discretion of committee. Trustee to encourage, but not mand=
ate,
recipients to return part or all of scholarship award to fund within a peri=
od
of five years after termination of assistance. Responsi=
bility: Establis=
hed: 11/1993 page 17 008-9750 &=
nbsp;
CHARLES E. ODUMS II MEMORIAL
SCHOLARSHIP FUND Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09 =
$9,076.51 <=
span
style=3D'mso-spacerun:yes'> =
; $138.40 &=
nbsp; &nbs=
p;
$70.00 =
=
$0.00 &=
nbsp; &nbs=
p; $9,284.91 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10 Donations
FY10 &n=
bsp;
Expenditures FY10
Ending bal. 6/30/10 =
$9,284.91 <=
span
style=3D'mso-spacerun:yes'> =
; $74.49 &=
nbsp; &nbs=
p;
$1,500.00 &nbs=
p; $0.00 &=
nbsp; &nbs=
p; $10,859.40 Purpose: Award for SHS gradua=
te
with GPA of 2.8 or higher throughout high school to study nursing or other =
health
field at an Limits: Award amount to be determined by yearly accumulated earnings or as
designated by Mr. and Mrs. Charles (Ann) Odums, Sr. (Open for contributions) First award to be given to t=
he
2005-2006 graduating class. Responsibility: SHS Scholarship Comm=
ittee
and Mr.& Mrs. Odums, should they desire a seat. Establis=
hed: 02/2005 007-9739 &=
nbsp;
OHLEMACHER FINE ARTS AWARD =
FUND Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09 =
$4,131.57 &nb=
sp; =
=
$62.62 =
&nb=
sp; $0.00 =
$0.00 &=
nbsp; &nbs=
p; $4,194.19 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10 =
$4,194.19 <=
span
style=3D'mso-spacerun:yes'> =
; =
$25.07 &=
nbsp; &nbs=
p; $0.00 &=
nbsp;
$900.00 =
; &=
nbsp; $3,319.26 Purpose: Award to an economic=
ally disadvantaged
junior or senior high school student with preference given to racial
minorities, who demonstrates promise in any area of the fine arts for any s=
uch fees
or expenses to further develop his/her talents. Nominees should have above average
aptitude in one or more of the fine arts, documented to the satisfaction of=
the
selection committee. Limits: Award(s) not to exceed accumulated interest in fund. (Original cor=
pus/gift: $2,720.00.) In the event that there are nomine=
es
from more than one school building, then award will be given to junior and
senior high schools on alternating years.&=
nbsp;
A recipient may be chosen even if that same student won previous
year’s award. Responsibility: Committee composed of
representative from each of the junior and senior high schools’ fine =
arts
dept., the school system’s fine arts supervisor, a minority faculty
member from one of said school buildings, and Mr. Alan Kuzell, community me=
mber. Establis=
hed: 12/1992; Amended: 10/2007, 11/2009 page 18 008-9739 &=
nbsp;
A. L. and MARY OPIE SCHOLAR=
SHIP
FUND Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09 =
$21,298.06 $310.59 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10 =
$20,708.65 $149.65 Purpose: Annual award to grad=
uating
SHS senior(s) accepted into a four year college or university for fall term=
and
with a grade point average of 3.0 or higher. Limits: Entire interest earn=
ings,
up to a total of $500.00, to be awarded to a qualifying graduate. If during any given year there is a
surplus of interest beyond the $500.00 award, it is to be held as principal
until such time as to allow for additional scholarships of no less than
additional $50.00 increments. If
the fund doesn’t generate enough earnings to allow for at least a $50=
0.00
award, Bill and Selma Opie would like the opportunity to assure this amount=
of
award each year during their lifetimes.&nb=
sp;
(Open for contributions.) Responsibility: SHS Scholarship Comm=
ittee
or future bodies formed for these purposes. Establis=
hed: 02/1995 Amended: 01/1998, 08/2001, 12/2005 029-1000 PAHL FAMILY SCHOLARSHIP FUND Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
$0.00 &=
nbsp; &nbs=
p; $9.35 &=
nbsp; $11,146.76 &=
nbsp; =
$0.00 &=
nbsp; $11,156.11 Purpose:=
Scholarship award to graduating se=
nior
who meets following criteria:
graduate of SHS, accepted & enrolled in accredited program for
teacher licensure in either elementary or secondary education, participated=
in
athletic/extra curricular activities, demonstrated good citizenship and
leadership qualities with strong moral character, exhibited academic excell=
ence
(top 25% of class) and could not pursue a degree without such financial aid=
e. Limits:<=
/span> Principal to be invested in the Sa=
ndusky
City Schools Education Foundation. Award to be based on interest earned
annually (Open for contributions.)
If at any time or for any reason the educational purpose of this gift
becomes impossible to carry out, the funds shall revert to the SHS Scholars=
hip
Committee or its successor. <=
o:p> Responsi=
bility: Establis=
hed: 12/2009 page 19 008-9625 ELIZABETH PIERCE SCHOLARSHIP FUND Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09
Expenditures FY09 =
Ending bal. 6/30/09 =
$11,327.86 $166.18 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10 Ending bal.
6/30/10 =
$11,019.04 $78.22 &=
nbsp; &nbs=
p;
$0.00 &n=
bsp; =
; $155.00 &=
nbsp; $10,942.26 Purpose:=
Income from sum of $10,000.00 shal=
l be
used for scholarship purposes for worthy students for higher education (col=
lege
or vocational training). Stud=
ents
chosen by the Sandusky Board of Education/Scholarship Committee. Limits:<=
/span> Income only/no time constraints set
forth. Responsi=
bility: Establis=
hed: 05/1987 007-9752 RICHARD & MARILYN POGGIALI FAMILY SCHOLARSHIP FUND Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09 =
$7,683.98 $115.=
73 &=
nbsp; &nbs=
p;
$1,660.00 &nbs=
p; $1,000.00<=
span
style=3D'mso-tab-count:2'> &=
nbsp; &nbs=
p; $8,459.71 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'> Interest/Div.
FY10 &n=
bsp;
Donations FY10
Expenditures FY10 =
Ending bal. 6/30/10 =
$8,459.71 $53.8=
8 &=
nbsp;
&=
nbsp; $0.00 &=
nbsp; $1,00=
0.00 &=
nbsp; &nbs=
p; $7,513.59 Purpose:=
To be awarded to a graduating seni=
or who
intends to major in EDUCATION.
Recipient shall have participated in athletics/extra curricular
activities, demonstrated good citizenship and leadership qualities with
preference being given to students in top 25% of class. Students with financial need will =
be
considered before all others. Limits:<=
/span> $1,000.00 annual =
award
to be given from principal of fund.
Open for contributions. Responsi=
bility: Establis=
hed: In 2005 thru SHS Scholarship Fund =
as one
annual donation/award from family. <=
/span> 01/08
page 20
008-9752 RHEINEGGER SCHOLARSHIP FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
$669,093.5= 7 &= nbsp; &nbs= p; $1,151.96<= span style=3D'mso-tab-count:1'> &= nbsp; = ($16,051.36) * &nbs= p; $25,000.00 &= nbsp; &nbs= p; $629,194.17
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
$629,194.17 &= nbsp; &nbs= p; $4,286.32<= span style=3D'mso-tab-count:1'> &= nbsp; = $56,063.60 * &= nbsp; = $0.00 &= nbsp; &nbs= p; $689,544.09
(* All stock investment v= alues adjusted June 30th each year.)
Purpose:=
Net income of fund to be used for
college scholarships for needy students of high scholastic standing graduat=
ing
from
Limits:<=
/span> Income only. First awards will be given to SHS =
Class
of 2008.
Responsi=
bility:
Establis=
hed: 01/2007
007-9751 HELEN F. ROBERTS SCHOLARSHIP FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09 Ending bal. 6/30/09
$13,785.24 &n=
bsp; =
; $117.70
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
$7,009.94 &nb= sp; = $0.20 &= nbsp; &nbs= p; $0.00 &= nbsp; $7,010.14 &= nbsp; &nbs= p; = $0.00 *
(*
Account closed/completed.)
Purpose:=
Scholarship to be used for the con=
tinued
education of a worthy male SHS graduate, chosen by Mr. John E. Schumm from =
the
class of 2006, for payments to recipient of tuition fees, room and board,
support, maintenance, and any such expenses at a college of his choice to s=
tudy
in the professional, scientific, or liberal arts fields.
Limits:<=
/span> Payments not to exceed twenty-five
percent (25%) of the principal amount of the fund in any one academic year =
for
as many years and as many degrees as this young man chooses to pursue until
fund is depleted. If at any t=
ime
the selectee becomes unworthy or unreliable, stops attending college, or if
cumulative GPA at college falls below 3.0 at the end of any quarter or
semester, then scholarship support will be discontinued, payments to recipi=
ent
will stop, and he shall be disqualified for consideration of any future
payments from fund. In such an
event, another young man shall be selected in the same manner and be subjec=
t to
the same conditions until the fund is totally depleted.
Responsi=
bility: Mr. John E. Schumm, as award selec=
tor,
and committee consisting of Superintendent of Schools, High School Principa=
l,
Assistant Principals, and Senior Guidance Counselor.
Establis=
hed: 06/2005, 1st award to b=
e to
the Class of 2006
page 21
007-9631 LOUISE ROSEMOND SCHOL=
ARSHIP
FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09 Endin=
g bal.
6/30/09
=
$11,993.20 $174.92
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
= $11,668.12 $82.90 &= nbsp; &nbs= p; $100.00 &= nbsp; = $160.00 = ; &n= bsp; $11,691.02=
(Donation to principal of= fund made from the Estate of Helen M. Hansen in amount of $10,033.34 in 2007)
Purpose:=
To provide annual scholarship awar=
ds to
students majoring in Education. Preference
to be given to Afro-American candidates whenever
possible.
Limits:<=
/span> May continue aid to a
previous grantee, should no current graduate be qualified. (Open for
contributions.) &nbs=
p; &=
nbsp;
Responsi=
bility:
Establis=
hed: 03/1968
007-9732
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
= $419.91 = ; &n= bsp; $2.7= 5 &= nbsp; &nbs= p; $300.= 00 &= nbsp; = $300.00 = ; &n= bsp; $422.66
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
=
$422.66 =
; &n=
bsp; $1.1=
4 &=
nbsp; &nbs=
p; $300.=
00 &=
nbsp; =
$300.00 &=
nbsp; &nbs=
p; $423.80
Purpose:=
General scholarship.
Limits:<=
/span> All monies, principal and interest=
, with
exception of $100.00, to be awarded to graduating senior each year and
forwarded to university of his/her choice.=
(Open for contributions.)
Responsi=
bility:
Establis=
hed: 08/1988
page 22
029-0000
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10 Endi=
ng
bal. 6/30/10
= $0.00 &= nbsp; &= nbsp; $(4,582.98) = &nb= sp; $139,374.00 &= nbsp; = $0.00 &= nbsp; &= nbsp; $134,791.00 &= nbsp;
(Trust fund is held with =
the
Purpose:=
Challenge grant matched by the
Sandusky/Erie County Community Foundation to provide on-going funding to th=
e Sandusky
City Schools. The Board of
Education has specified that these funds will be used to fund the Sandsatio=
nal
Schools Classroom Grants.
Limits:<=
/span> The Sandusky/Erie County Community
Foundation will make semi-annual distributions to the Sandusky City Schools
Education Foundation Fund in accordance with the Sandusky/Erie County Commu=
nity
Foundation’s Revised Spending Policy.
Responsi=
bility: The Sandusky/Erie County Community
Foundation, serving as trustee.
Establis=
hed: 3/2010
Total Donations received into the Sandusky City
Schools Education Foundation Fund are designated donations to be transferre=
d to
the Sandusky/Erie County Community Foundation as matching funds for challen=
ge
grants. Upon meeting its chal=
lenge
goal, the Sandusky City Schools Challenge grant funds, held in trust by the
Sandusky/Erie County Community Foundation, totaled $139,174.00
007-9742 &=
nbsp;
SANDUSKY/ERIE COMMUNITY
FOUNDATION TRUST FUND
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09
Expenditures FY09
Ending bal. 6/30/09
=
$6,585.62 $100.94
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
= $7,399.56 $54.62 &= nbsp; &nbs= p; $668.00 &= nbsp; &nbs= p; &= nbsp; $0.00 &= nbsp; &nbs= p; $8,122.18
Purpose:=
To be used for the support of
Limits:<=
/span> None.
Responsi=
bility:
Establis=
hed: 05/1997
page 23
007-9735
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09
Expenditures FY09 =
Ending bal. 6/30/09
= $72,206.42 $1,106.60<= span style=3D'mso-tab-count:2'> &= nbsp; &nbs= p; $12,153.50 &= nbsp; $3,0= 00.00 &= nbsp; &nbs= p; $82,466.52
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
=
$82,466.52 $582.46
Purpose:=
To be used for scholarships to ass=
ist
graduating high school students in furthering their education in college,
technical school, or other recognized training institutions which, without =
such
assistance, might otherwise be unable to attend.
Limits:<=
/span> Awards to be limited to interest e=
arned
from said fund, unless a contribution specifically authorizes, in whole or =
in
part, invasion of the principal amount.
Responsi=
bility: SHS Scholarship Committee. Name(s) & address(es) of
recipient(s) to be submitted to Alumni Association each year.
Establis=
hed: 10/1990
008-9742
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
=
$5,893.35 $97.93 &=
nbsp; &nbs=
p; $1,125.00 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10
Expenditures FY10
Ending bal. 6/30/10 =
$6,876.28 $50.35 &=
nbsp; &nbs=
p; $250.00 &=
nbsp;
$90.00 =
&nb=
sp; $7,086.63<=
span
style=3D'mso-tab-count:1'> &=
nbsp; Purpose:=
To provide financial help for a
graduating Limits:<=
/span> Income only until such time that
principal will generate enough interest to allow a $250.00 per year award.<=
span
style=3D'mso-spacerun:yes'> (Open for contribution=
s) Responsi=
bility: Establis=
hed: 12/1996 page 24 008-9744 Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09
Expenditures FY09 =
Ending bal. 6/30/09 =
$6,807.86 =
$99.97 =
=
$25.00 =
=
=
$280.00 &=
nbsp; &nbs=
p; $6,652.83 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY1=
0
Ending bal. 6/30/10 =
$6,652.83 $78.13 Purpose:=
To recognize a deserving student o=
f the
graduating class that is going on to further educational opportunities at a=
4-year,
2-year, or a technical program. Limits:<=
span
style=3D'mso-spacerun:yes'> Interest only.&=
nbsp;
(Open for contributions.) Responsi=
bility: SHS Scholarship Committee and the =
Establis=
hed: 11/1998 007-9753
=
SHS CLASS OF 2000 STREAK OF EXCELLENCE
SCHOLARSHIP FUND Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10 =
$0.00 * =
; &n=
bsp; $1.58 &=
nbsp;
&=
nbsp; $2008.00 $0.00
* =
&nb=
sp; $2,009.58 (*
Established separate fund April, 2010.&nbs=
p;
Funded by the SHS Scholarship Fund previously) Purpose:=
Scholarship award to honor a chosen
graduating senior student athlete who demonstrates academic excellence and
displays superior athletic ability. &=
nbsp;
Selected student should have a 3.0 GPA or better and should have bee=
n a
junior varsity athlete or varsity athlete and should have completed the ent=
ire
season. Coaches to nominate n=
o more
than 2 nominees per team and supply list of stats, awards, records (broken =
or
tied), letters earned, GPA ranking, and groups/clubs/community service
involvement to Principal and award committee. Limits:<=
span
style=3D'mso-spacerun:yes'> $1,000 award annually. (Open for contributions.) Responsi=
bility: SHS Scholarship Committee and the =
Award Es=
tablished: 03/2007 (by Class of ’00 don=
ations
thru the SHS Scholarship Fund) Fund
Established: 4/2010 page 25 007-9650 Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09 =
$4,125.05
$62.48 =
&nb=
sp;
$0.00 &n=
bsp; =
;
$0.00 &=
nbsp; &nbs=
p; =
$4,187.53<=
/p>
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10 =
$4,187.53 $27.48 &=
nbsp; $29.95 =
$982.30 &=
nbsp; &=
nbsp; $3,26=
2.66 Purpose:=
Newly received contributions to pu=
rchase
books for SHS Library in person’s honor or memory, or to commemorate
significant event. Inte=
rest
from fund’s corpus to be used periodically to purchase books for the
library as a gift from the graduating class of 1955. Limits:<=
/span> Not to invade original gift in sum=
of
$1,200.00 without consent of officers from the SHS Class of 1955. (Open for contributions.) Responsi=
bility: SHS Librarian and Establis=
hed: 1955 (by a corpus donation made by=
the
SHS Class of 1955 upon their graduation) 007-9632 Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09 =
$118,883.44 $1,813.03 &=
nbsp; &nbs=
p; $88,983.00
&=
nbsp; $43,674.98<=
span
style=3D'mso-tab-count:2'> &=
nbsp; &nbs=
p; $166,004.49 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
$166,004.49 $1023.71 &=
nbsp; &nbs=
p; $49,345.16 &=
nbsp; $41,965.00 &=
nbsp; &nbs=
p; $174,408.36 Purpose:=
Students earning grade point avera=
ge of
3.2 or higher at the end of seven (7) semesters of high school, and
anticipating continuing education in college or technical school or other r=
ecognized
training institution. Eligible
students may apply on basis of scholarship and
financial needs, or scholarship alone. Limits:<=
/span> Varying amounts issued as awards
dictated by Scholarship Committee. Designated awards from community members=
as
specified by donation checks (examples: Agape Ministries, American Legion, =
Eagles
Lodge, Elks Lodge, Kevesdy Award, Murray Charitable Foundation, NOSC, Pace
Award, Perseverance Lodge, Retirees UAW, SEA, SHS All Class Reunion, SHS St=
udent
Council, UBS,etc.) also handled through this fund. (Open for contributions.) N=
otes: $25,000.00 of principal donated by=
Mary
Lay Estate in 1984. =
$21,000.00 of principal donated by Robert P. Horn Estate in 1994 =
& annual distributions from the Robert S. Horner Family Trust. Responsi=
bility: Establis=
hed: 05/1949
page 26
007-9736
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'> Interest/Div. FY09
Donations FY09
Expenditures FY09
Ending bal. 6/30/09
= $93,124.44 &n= bsp; = ; $1,409.55<= span style=3D'mso-tab-count:2'> &= nbsp; &nbs= p; $0.00 &= nbsp; &nbs= p; $0.00 &= nbsp; $94,533.99
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
=
$94,533.99 &n=
bsp; =
; $681.58 Purpose:=
In remembrance of two SHS alumni, =
Mr.
Wilbert G. and wife, Hilma R.(Lonz) Schwer, to be used for capital improvement=
s to Limits:<=
/span> Funds are not to be used for
maintenance, repairs, or other current operating expenses. Responsi=
bility:
Superintendent Establis=
hed: 01/1991 008-9738 WILBERT G. & HILMA R. SCHWER
SCHOLARSHIP FUND Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'> Inter=
est/Div.
FY09 &n=
bsp;
Donations FY09
Expenditures FY09
Ending bal. 6/30/09
$100,479.29 &=
nbsp; &nbs=
p; $1,475.31<=
span
style=3D'mso-tab-count:2'> &=
nbsp; &nbs=
p; $0.00 &=
nbsp; &nbs=
p;
$3,563.00 &nb=
sp; =
$98,391.60 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
$98,391.60 &n=
bsp; =
; $702.10 Purpose:=
Scholarship awards to be used for
college or other post high school education for students entering the legal
field. Awards to be divided as
follows: 70% current SHS grad=
uates
and 30% to law school students, when applicable. Limits:<=
/span> Income only. (Open for contributions.) Responsi=
bility: Establis=
hed: 07/1993 page 27 008-9735
MERL J. STAHL SCHOLARSHIP TRUST FUND Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09 =
$194,714.16 $2,849.28 &=
nbsp; &nbs=
p; $0.00 &=
nbsp; &nbs=
p; $6,700.00<=
span
style=3D'mso-tab-count:2'> &=
nbsp; &nbs=
p; $190,863.44 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10 =
$190,863.44 $1,359.83 &=
nbsp; &nbs=
p; $0.00 &=
nbsp; &nbs=
p; $1,790.00<=
span
style=3D'mso-tab-count:2'> &=
nbsp; &nbs=
p; $190,433.27 Purpose:=
To be used for scholarship awards =
for
graduating seniors who are worthy and whose families are otherwise unable to
afford their college or other post graduate education. Limits:<=
/span> Income only. Responsi=
bility: Establis=
hed: 07/1991 007-9633 START SCHOLARSHIP FUND Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09 =
$834.63 =
; &n=
bsp; $12.=
59 &=
nbsp; &nbs=
p; $0.00 &=
nbsp; &nbs=
p; $0.00 &=
nbsp;
$847.22 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10 Donations
FY10 &n=
bsp;
Expenditures FY10
Ending bal. 6/30/10 =
$847.22 =
; &n=
bsp; $6.10 &=
nbsp; &nbs=
p; $0.00 &=
nbsp; &nbs=
p; $0.00 =
=
$853.32 Purpose:=
To be used for scholarships for en=
trants
to Office Update Program through Adult Education Dept. Limits:<=
/span> None stated. (Open for contributions.) Responsi=
bility:
Adult Ed. Director page 28 007-9724 ELMER E. & RUTH A. TANKERSLEY TRUST FUND Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09 =
$222,793.34 $3,262.90 &=
nbsp; &nbs=
p; $0.00 &=
nbsp; &nbs=
p; $8,288.00<=
span
style=3D'mso-tab-count:2'> &=
nbsp; &nbs=
p; $217,768.24 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10 =
$217,768.24 $1,548.88 &=
nbsp; &nbs=
p; $0.00 &=
nbsp; &nbs=
p; $2,721.66<=
span
style=3D'mso-tab-count:2'> &=
nbsp; &nbs=
p; $216,595.46 Purpose:=
Established for scholarships for t=
he
partial-payment of reasonably necessary expenses of worthy students who have graduated=
from
Sandusky High School (including the
existing high school, and any other publicly owned and operated high
school which hereafter may be located within the corporate limits of Sandus=
ky),
and who are about to pursue further education as full time students. Preference to be given to students=
who
may forego college training if these funds not available. Limits:<=
/span> The earned income and principal of said fund shall be used at discretion of Board=
of
Education and its successors. Responsi=
bility: Establis=
hed: 08/1983 008-9747 &=
nbsp;
LEONARD J. THOM MEMORIAL
SCHOLARSHIP FUND Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09 =
$13,778.43 $215=
.79 &=
nbsp; &nbs=
p; $2,205.00
&=
nbsp; =
$500.00 &=
nbsp; &nbs=
p; $15,699.22 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10 =
$15,699.22 $112=
.74 &=
nbsp;
&=
nbsp; $460.00 &=
nbsp; =
$200.00 &=
nbsp; &nbs=
p; $16,071.96 &=
nbsp; Purpose:=
To provide at least a $200.00
scholarship award to a student exemplifying Lt. Leonard J. Thom’s
commitment to the pursuit of post-secondary education, athletic leadership,=
and
commitment to the community at large. Limits:<=
/span> Interest earnings=
only to
determine amount of award. If=
interest
is not enough in any given year to guarantee the minimum of a $200.00 award,
then no award shall be given that year, unless Thom family chooses to
supplement said earnings. Responsi=
bility: A committee of surviving family me=
mbers. Establis=
hed: 08/2000 Amended: 04/2003<=
o:p> page 29 008-9717 &=
nbsp;
HELEN RENNER VAN Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09 =
$1,675.94 &nb=
sp; =
$25.=
08 &=
nbsp; &nbs=
p; $0.00 &=
nbsp; &nbs=
p; $50.=
00 &=
nbsp; &nbs=
p; $1,6=
51.02 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10 =
$1,651.02 &nb=
sp; =
$11.=
64 &=
nbsp; &nbs=
p; $0.00 &=
nbsp; &nbs=
p; $51.=
00 &=
nbsp; =
$1611.66 Purpose:=
To provide an English prize to be
awarded annually to a graduating senior, upon submission of written essay, =
entitled,
“Commitment to Living.”
Nominees will be chosen by the English Dept. for consistent excellen=
ce
in English studies. Final sel=
ection
based upon academic achievement in English and quality of thought and
expression in essay. Limits:<=
/span> Interest earned to
determine amount of award. Hi=
storically: savings bond given as prize. (Original Principal: $1,000.00) Responsi=
bility: English Dept.’s nomination to
Sandusky High School Scholarship Committee. Establis=
hed: 04/1979 008-9746 &=
nbsp;
HERBERT C. WHITE MEMORIAL
SCHOLARSHIP FUND Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
$4,174.864.52 $95,122.41 =
($825,872.62) * &=
nbsp; $160,000.00 =
$3,284,114.31 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
$3,284,114.31 $194,316.04 =
$0.00 =
* =
; $120,000.00 &=
nbsp; &nbs=
p;
$3,358,430.35 =
(* All stock values adjus=
ted June
30th each year.) Purpose: Limits: Awards made from accumulated
interest. If, in any given ye=
ar, no
student applies to receive this scholarship, then income shall be accumulat=
ed
and applied to future scholarships.
Amounts of any scholarship award shall be at the complete discretion=
of
the Board of Education. Note: original value of stock esta=
te
given: $3,433,530.71 Responsibility:=
Committee, as designated, by the
Sandusky Board of Education. Established: 7/1999 page 30 008-9748 &=
nbsp;
SUSIE TAYLOR WISDAHL EDUCAT=
ION
SCHOLARSHIP FUND Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
$104,864.25 &n=
bsp; =
; $1,52=
9.33 &=
nbsp; &nbs=
p; $0.00 =
$4,400.00 $101,993.58 Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
$101,993.58 =
&n=
bsp; =
; $725.=
25 =
=
$1,430 &=
nbsp; $1,430.00 =
$101,288.83 &=
nbsp; Purpose:=
To be distributed to needy students=
in
support of their educational endeavors in accordance with the established
practices of
Limits: Income only from the sum of $100,0=
00.00
permanent endowment to be used for awards.
Responsibility:=
Established: 08/2003
007-9720 &=
nbsp;
HOWARD ZIEMKE MEMORIAL
EDUCATIONAL SCHOLARSHIP
Beginning bal. 7/1/08<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY09
Donations FY09 &nb=
sp;
Expenditures FY09
Ending bal. 6/30/09
=
; $2,302.42 &=
nbsp; $33.=
53 &=
nbsp; &nbs=
p;
$0.00 &n=
bsp; =
; $100.00
Beginning bal. 7/1/09<=
span
style=3D'mso-spacerun:yes'>
Interest/Div. FY10
Donations FY10 &nb=
sp;
Expenditures FY10
Ending bal. 6/30/10
= $2,235.95 $15.= 92 &= nbsp; &= nbsp; $0.00 &= nbsp; $30.00 &= nbsp; &nbs= p; $2,221.87 &= nbsp;
Purpose:=
Grants made annually when, in the o=
pinion
of the committee, a graduating senior, applying through the SHS Scholarship
Fund, has met the following requirements:&=
nbsp;
accepted into institution of higher learning, enrolled with major of
Education in that institution, shall have shown exemplary citizenship,
leadership in student activities, and good moral character.
Limits:<=
/span> Awards made from accumulated
interest. If no student quali=
fies
to receive award, designated monies retained as principal. Any disposition =
of
principal shall be initiated by the Ziemke family or their agent. (Open for contributions.)
Responsi=
bility: Committee composed of SHS Principa=
l,
Assistant Principal, Counselors, Representative from Campbell School Staff,=
and
Mrs. Howard Ziemke or her designate, should she desire a seat.
Establis= hed: 01/1980 Amended: 04/1986<= o:p>
page 31
Principal
Balances for Non-Expendable Trust Funds as of July 1, 2009
Fund Name<=
span
style=3D'mso-tab-count:3'> &=
nbsp; &nbs=
p; &=
nbsp; Fund
# =
&nb=
sp; =
&=
nbsp; &nbs=
p; Princ=
ipal
(Corpus) Amt. Balance
Ackley &nbs= p; &= nbsp; &nbs= p; &= nbsp; 008-9711= &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $59,976.32
Alvord-Little &nb= sp; = &nb= sp; = 008-9713 &= nbsp; (original endowment) &nb= sp; = $225,000.00
Appleby &nb= sp; = &nb= sp; = &nb= sp; 008-= 9749 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $15,986.22
Blancke &nb= sp; = &nb= sp; = 008-9741 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $563,277.21=
Close = ; &n= bsp; = ; &n= bsp; = ; 008-9722 &= nbsp; (original endowment) &nb= sp; = $10,000.00
Dorn = &nb= sp; = &nb= sp; = 008-9740 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $50,566.41
Flynn = ; &n= bsp; = ; &n= bsp; = ; 008-9723 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $78,855.58
Fresch &nbs= p; &= nbsp; &nbs= p; &= nbsp; 00= 8-9743 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $20,248.78
Hay &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; 008-9745 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $482= .00
HEK &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; 008-9751 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $59,466.59
Kaufman &nb= sp; = &nb= sp; = 008-9710 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $7,172.22
Kubitz &nbs= p; &= nbsp; &nbs= p; &= nbsp; 00= 8-9737 &= nbsp; (original gift) &n= bsp; = ; &n= bsp; $966= .00
Meyer, O.E. = ; &n= bsp; = ; &n= bsp; 008-9736 &= nbsp; (original gift) &n= bsp; = ; &n= bsp; $2,000.00
Odums = ; &n= bsp; = ; &n= bsp; 008-9750<= span style=3D'mso-tab-count:6'> &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $10,284.91
Opie = &nb= sp; = &nb= sp; = 008-9739 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $20,418.65
Pierce &nbs= p; &= nbsp; &nbs= p; &= nbsp; 008-9625 &= nbsp; (original endowment) &nb= sp; = $10,000.00
Rheinegger = &nb= sp; = &nb= sp; 008-9752 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $628,042.21=
SHS Class of 1946 = ; &n= bsp; = ; 008-9742 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $6,778.35
SHS Class of 1964 = ; &n= bsp; = ; 008-9744 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $6,552.86
Schwer Scholarship&nbs= p; &= nbsp; &nbs= p; 008-9738 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $96,916.29
Stahl = ; &n= bsp; = ; &n= bsp; = ; 008-9735 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $188,014.16=
Thom = &nb= sp; = &nb= sp; = 008-9747 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; &nbs= p; $15,483.43
Van Hoorn &= nbsp; &nbs= p; &= nbsp; &nbs= p; 008-9717 &= nbsp; (original gift) &n= bsp; = ; &n= bsp; $1,000.00
White = ; &n= bsp; = ; &n= bsp; 008-9746 &= nbsp; &nbs= p; &= nbsp; &nbs= p; &= nbsp; = $3,154,824.05