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Arrowhead Scholarship Fund reports growth, awards 106 scholarships totaling $112,500
Summary
Volunteers from the Arrowhead Scholarship Fund described how endowed funds and increased community ‘pass-through’ donations have expanded awards to students; fund leaders said the group awarded 106 scholarships this year totaling $112,500 and has awarded more than 3,600 scholarships since 1958.
Superintendent Ferner introduced representatives of the Arrowhead Scholarship Fund at the school board meeting, saying the group has been “doing awesome things for our kids.” Pat Knoll and Abby Holland described the fund’s history, structure and recent growth.
The Arrowhead Scholarship Fund, founded in 1958 and organized as a 501(c)(3), has awarded more than 3,600 scholarships since its founding, Knoll said. This year the group awarded 106 scholarships totaling $112,500, and board volunteers said they operate without compensation.
Holland said the fund uses a mix of endowed funds held…
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