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Board sets Virginia Smith Trust scholarship awards at $500,000 for 2025–26
Summary
The board approved a $500,000 total award amount for the Virginia Smith Trust scholarships for the 2025–26 school year, matching the prior year's authorized total. Minutes show the motion passed unanimously 5‑0.
The Smith Family Scholarship Board and Trustees approved a total VST scholarship award amount of $500,000 for the 2025–2026 school year.
Board members reviewed prior-year activity: the board had approved $500,000 for 2024–25 and the minutes record $426,500 awarded to 187 recipients. Trustee Geneva Brett moved to set the 2025–26 award total at $500,000; Trustee Tim Razzari seconded. The vote was recorded as 5‑0 in favor.
The minutes do not specify the programmatic breakdown of the $500,000 for the upcoming year or payment schedules. The item was acted on during the VST business portion of the Feb. 18 meeting.
