Our Chapter Thrives on Community Support
Our Dollars for Scholars chapter succeeds because our community believes in students. Besides fundraising, Dollars for Scholars benefits from funded endowments.
An endowment is an investment fund set up by an organization in which regular withdrawals from the invested capital are used for ongoing operations or other specified purposes. Endowment funds are often used by non-profits, universities, hospitals and churches. They are funded by donations which are deductible for donors.
Glenwood Area Dollars for Scholars currently has twenty five funded endowments with a value in excess of $600,000. Our endowment funds are invested with the Omaha Community Foundation and only interest from these funds may be used to fund our scholarships. The fund principal is never touched.
Please think about funding an endowment as you consider your estate planning. Contact Rick Rychly, Treasurer Glenwood Dollars for Scholars for more information.
Thank you to these families and organizations that have donated to Glenwood Dollars for Scholars.
Jerome and Sylvia Kaiman
Nutting Family
Glenwood State Bank
Mary Jane Miller Fund
Board of Directors
Dale Smith
Keith McGinnis
Masonic Lodge
School Traditions
Iowa Western Community College
Kiwanis Club of Glenwood
Martha Winum
Margaret P. Drake
Pat Barton & Class of 1974
Alice Gilbert
Pete & Suzie Swihart
Alta M. Morrow & DAR
Norma M. Williams & Class of 1969
Glenwood Booster Club Cross Country
Carry Crill
George B. Peterson Family
Tanner Porter Memorial
Donald R. Steele
Mary and Terry Barton