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Board accepts $50,000 Montez family donation to establish scholarship fund at Santa Maria High
Summary
The board approved a resolution establishing the Montez Family Scholarship Fund with a $50,000 donation to create two $2,500 annual scholarships for Santa Maria High School students; the family plans ongoing gifts and the district will open a school site account for administration.
The board approved Resolution No. 21‑25‑26 (as presented) to establish the Montez Family Scholarship Fund at Santa Maria High School with an initial $50,000 donation to be held in a school site bank account. District staff said the gift will fund two $2,500 scholarships each year, with students eligible to apply for a second year; the donors indicated they anticipate contributing additional funds annually and envisioned a 20‑year scholarship program.
Miss Ortiz presented the item and confirmed the gift will be placed in an interest‑bearing account at Santa Barbara Teachers Federal Credit Union and managed through the school site account; trustees thanked the family for the donation and unanimously approved the resolution on roll call.
