April 25, 2002 NEWS RELEASE

$5,000 PRESCHOOL DONATION

The CSF of BGM (a Dollars for Scholars Chapter) received a check for $5000.00 from Manatts Inc to continue their support of the preschool endowment fund. This is the 2^nd installment of a three-year pledge totaling $15,000.00. This amount is a big step towards raising the $100,000 endowment fund the Foundation would like to raise to permanently support scholarships for the preschool children.

The tuition increase for the preschool program started the incentive to get an endowment fund established. The increase in tuition was necessary because of rising expenses. Mike Manatt was very supportive in the idea of starting an endowment fund for the preschool. Mike was quoted as saying “Manatts are pleased that we could be a part of the endowment fund for the preschool children. It will be great for the community to be able to have affordable preschool within the BGM School District.” We are pleased with the support that has been given so far to this project and encourage everyone to continue to help our young people to afford preschool.

The goal of CSF is to raise an endowment fund of $100,000 that will earn 5% interest, bringing $5000 per year to fund the preschool scholarships. To accomplish this we will need everyone’s assistance to get the endowment fund established. PIE has contributed their first year fund raiser which was $11,500.00. The endowment fund is presently around $58,000.00.

Anyone wishing to make a contribution to the preschool scholarship fund or any of the other endowment funds within the Foundation may contact Julie Grier, Board of Trustee representative for the Guernsey Commercial Club, or any other board member. You can also write to Box 469, Brooklyn, IA 52211.

Saying for the week: There is nothing in a caterpillar that tells you it’s going to be a butterfly. – Buckminster Fuller