Club Projects - The Peninsula Rotary Club Endowed Scholarship Fund

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     On December 7, 1983, the Peninsula Rotary Club established a scholarship at Christopher Newport College with an initial gift of $1,000 and a pledge to provide additional gifts over a six year period.  The Fund became an endowment on July 1, 1990 with a corpus of $ 17, 875.  Over the years to come the endowment grew thanks to donations from Rotarians and previous scholarship recipients and a very significant donation of $ 50,000 from the estate of Marten Gracey, a longstanding member of the Peninsula Rotary Club.

     During these years, significant changes were occurring at the College, which became Christopher Newport University.  Among those changes was the establishment of the Christopher Newport University Educational Foundation, which assumed the authority for receiving all financial gifts to the University.  Because of these changes, in 2007 an extensive review of the Fund’s resources and administrative procedures was done.  As a result of this study, the plan document was re-written to make the Fund compatible with standard University and Foundation procedures.

     This scholarship is now a merit based award given to a student at any level who demonstrates excellent academic achievement combined with a commitment to Rotary ideals.

     To make a donation to the fund, contact Lucy Latchum, Director of Planned Giving, by telephone at (757) 594-7702 or by fax at (757) 594-7713 regarding Foundation Account # 805-1207.

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