January 10, 2003 NEWS RELEASE

FINAL PAYMENT RECEIVED FROM R.J. MCELROY TRUST

The CSF of BGM (a Dollars for Scholars Chapter) has received the final installment of $4,620 from the R. J. McElroy Trust of Waterloo for the preschool 2003-2004 school year. A grant was requested from the R. J. McElroy Trust to fund the first three years’ worth of scholarships to give us the time to raise a $100,000 endowment fund needed to permanently support scholarships after the first three years.

This last installment of $4,620 for a total received from R. J. McElory of $11,220 will be used towards the preschool tuition fees. After the third year the $100,000 endowment fund needs to be in place for the scholarship foundation to continue giving out a scholarship to our preschool students.

J. C. Miller made a comment that we need everyone’s assistance to get the endowment fund raised over the next two years if we are to continue giving a scholarship to our preschool students.

If anyone would like to contribute to the preschool fund you can send in your payment to the Scholarship Foundation at Box 469, Brooklyn, IA 52211 and make sure that you mark your contribution for preschool.

Saying for the week: Don't judge each day by the harvest you reap but by the seeds that you plant. - Robert Louis Stevenson