FREQUENTLY ASKED QUESTIONS
Q. What is the Scholarship Fund?
A. The Fredericktown High School Alumni Association Scholarship Fund is a Permanent Endowment Fund, established for the purpose of guaranteeing scholarships for graduates of FHS. Only the growth on the principal will be used for awarding scholarships; therefore, it is a “gift that keeps on giving — forever!”.
Q. Who is eligible for a scholarship?
A. Scholarships are awarded to graduates of FHS.
Q. How are the Awards made?
A. Students complete an application available at the School Guidance Office. New Awards are made each year by The Scholarship Committee who manages the Awards and the Renewals.
Q. How many Awards are there? What is the size of the Awards?
A. Our motto is “More and Larger Scholarships – Every Year!” As new gifts are received the size and number of scholarships will increase. See the latest Annual Report for details on the current number 0f awards.
Q. How are Gifts recognized?
A. All Gifts help change lives and are appreciated. Every gift is acknowledged with a thank you note and tax receipt. Also, all gifts made during the year are listed in the Alumni Banquet Program as follows:
<$100 – Freddie
$100> – Century
$250> – Silver
$500> – Gold
$1,000> – Platinum
In addition, “Founder” gifts cumulating to $1,000 or greater are permanently listed on
the Permanent Donor Recognition Plaque in the School Entrance Lobby as follows:
$1,000>: Founder
$2,500>: Silver Founder
$5,000>: Gold Founder
$10,000>: Platinum Founder
Q. Are there “naming” opportunities for scholarships?
A. Yes, donors making gifts cumulating to $10,000 or greater have the opportunity to “Name” a scholarship. Contact any member of the Fundraising Committee for details.
Q. How else other than cash can I give to the Scholarship Fund?
A. There are many ways to make a tax effective charitable gift to the Fund, both during life and at death. Consider consulting with an attorney or financial advisor to Bequest in your will; make Real Estate gifts, commercial buildings, land and houses; gift stocks, bonds, IRAs, or other securities; Life insurance: a portion of a death benefit can be assigned to the endowment fund.
Q. What is the suggested wording for a bequest in a will?
A. I bequeath the sum of $____ from (or ___% of) my estate to the Fredericktown High School Alumni Association Scholarship Fund C/O Knox County Foundation, P. O. Box 309, Mount Vernon, Ohio 43050-0309.