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Trustees report $294,250 in scholarship awards and board approves Academy Fund grants
Summary
The Trustees of the Trust Funds reported $294,250 in awards for 2026, up nearly $20,000 from 2025. The board approved Academy Fund allocations totaling $147,876 for school projects and authorized reappointment of Anthony Tremblay as trustee.
Tony Tremblay and trustee Jane Seeblers reported positive trust-fund performance and new gifts totaling more than $56,500 for the fiscal year. The trustees said their portfolio (71% equities, 29% fixed income as of April 30) produced a five-year rolling performance that allowed recommending scholarship award increases for 2026 totaling $294,250, up from $274,775 in 2025.
The board voted unanimously to reappoint Anthony Tremblay as trustee for another three-year term and later approved Academy Fund proposals totaling $147,876 to fund roughly 14 school projects, including two atypical awards earmarked for a weight-room equipment purchase and a two-year bicentennial timeline project for Keene High. Trustees credited SAU staff support and noted scholarship increases reflected the fund’s total-return approach and recent investment gains.
