August 2, 2001 NEWS RELEASE

MANATTS ENTERPRISES DONATES TO PRESCHOOL

The CSF of BGM (a Dollars for Scholars Chapter) received a check for $1250.00 from Manatts Enterprises, LTD to help start the preschool endowment fund. This is the 1^st payment of a three-year pledge from Manatts Enterprises. This amount is a big step towards raising the $100,000 endowment fund the Foundation would like to raise over the next three years to permanently support scholarships for the preschool children.

A 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. Scholarships will be available starting the 2001-2002 school year. Each child will receive an automatic $200 scholarship to be used towards the preschool tuition fees regardless of financial status of the parents. The scholarship will be paid directly to the school when the parents fees are paid.

The Foundation is grateful to Merlin & Verna Manatt, and the family of GJ (Junie) Manatt for donating to the preschool endowment fund over the next three years. The goal of CSF is to raise and endowment fund of $100,000 over the next three years that will earn 5% interest, bringing $5000 per year of available money to fund the preschool scholarships. To accomplish this goal we need everyone’s assistance to get the endowment fund established.

Anyone wishing to make a contribution to the preschool scholarship fund or any of the other endowment funds within the Foundation may contact JC Miller, President of CSF and Member at Large for the Board of Trustees, or any other board member. You can also write to Box 469, Brooklyn, IA 52211.

Saying for the week: When we dream alone, it is only a dream, but when we dream together, it is the beginning of reality.