"It is actually one of the oldest endowments administered by the Community Foundation," said Elaine Peck, executive director of the Community Foundation. "It did not start growing until the last few years."
The South Putnam High School Scholarship was started on Feb. 7, 1994 with a contribution from Norman Handy of Handy's Dairy in Greencastle.
Handy actually started a scholarship endowment for all four county high schools on the same date.
"I delivered milk to all four schools. I could not pick just one," said Handy.
Jinsie Bingham, Greencastle City Council member and one of the founders of the Greencastle High School Alumni Scholarship, called Handy "a hero." Bingham said the four scholarship endowments Handy started have grown and are "making a difference."
The new scholarship will recognize South Putnam High School graduates "who most demonstrate a kind and generous spirit, a passion for justice, and the ability and motivation to enrich the world and strengthen community."
Eligible applicants will be seniors or graduates of South Putnam High School, with a minimum 3.0 cumulative GPA (on 4.0 scale), and who have documented volunteerism and community service. Preference will be given to those who have served in volunteer leadership positions.
Anyone may contribute a fully tax deductible donation to the South Putnam High School Scholarship Endowment, or start a new endowment for any charitable purpose in his or her own name.
Contributions to the Endowment should be made payable to the Putnam County Community Foundation with "South Putnam Scholarship" in the memo, and mailed to 2 South Jackson Street, Greencastle, Indiana 46135.
Contributions may also be made online at www.pcfoundation.org. Community Foundation staff are available to help donors make gifts of cash, stock, retirement assets, life insurance, bequests, real estate and other types of gifts.