Lebanon Area Foundation administers several scholarships that are funded by earnings from endowment funds that we manage for our donors. The principal of each fund is protected, while the earnings are transferred into a pass-thru fund to be distributed to scholarship recipients.
Contributions to these scholarship funds are gladly accepted and are applied to the principals to be held in perpetuity ~ maintaining a legacy of scholarship in our community.
We also administer scholarship funds that are non-endowed.
Non-endowed scholarship funds play an important role for students in Laclede County. Unlike endowed funds, contributions made to non-endowed funds are distributed in the same year that they are received.
Non-endowed funds are an ideal option for those who want to support the educational goals of area students but do not have the goal of having an award for perpetuity. Non-endowed funds are also a great alternative for those who might have excess funds available each year but who do not have the full endowment minimum or for those who have a lump sum to contribute and would like to provide for an award for a certain number of years.
When creating a non-endowed fund with Lebanon Area Foundation, a Non-Endowed Scholarship Agreement is prepared. The Agreement is a document signed by both the donor and the Foundation to establish guidelines and procedures for how the gift is to be used.
LAF Administered Scholarships
Download Full List – LAF Administered Scholarships – 2018
Boswell Business Scholarship Fund
Boswell Engineering Scholarship Fund
Breck Rushing Memorial Scholarship Fund
Charles & Ethel Hughes Foundation Scholarship Fund
Claude & Pearl Watson Memorial Scholarship Fund
Darrell Cook Courtesy Award Fund
Durham Company Engineering/Internship Scholarship Fund
Fred & Flora Koby Memorial Scholarship Fund
Harke Family Education Scholarship Fund
Harke Family Education Scholarship Fund – OTC
Helen Breedlove Scholarship Fund
Interact Scholarship Fund
It’s A Great Day To Be A Yellowjacket! Scholarship Fund
James & Elizabeth McClure Family Scholarship Fund
Jo Ann Rawlings Memorial Art Scholarship Fund
Jerry Hoover Music Scholarship Fund
John Honssinger Memorial Scholarship Fund
Kelly Ray Kelso Scholarship Fund
Kenneth Miller Memorial Scholarship Fund
LHS Class of 1960 Scholarship Fund
LHS Class of 1966 Scholarship Fund
LHS Visual Art Department Scholarship Fund
Lillian Doublin – Martell Scholarship Fund
Linda Watson Memorial Scholarship Fund
Massey Memorial Teaching Scholarship Fund
Melva Palmer Ellis Memorial Scholarship Fund
Miss Teen Route 66 Scholarship Fund
Myrtle McCracken Lillard Scholarship Fund
Oakland Moravian Methodist Scholarship Fund
Patsy Pruitt Memorial Scholarship Fund
Philia Club Scholarship Fund
Rainey / Luthy Education Scholarship Fund
Raymona Boswell Student Scholarship Fund
Roger Moore Tribute Scholarship Fund
Roy True Memorial Scholarship Fund
Segebarth Family Scholarship Fund
Steven Chesnut Memorial Art Scholarship Fund
The Durham Company Engineering Internship/Scholarship Fund
The Wesley Elbert “Ebb” & Helen Montgomery Memorial Scholarship Fund
William H. Bailey, Jr. Memorial Scholarship Fund
Wright Perpetual Scholarship Fund