Dollars for Scholars awarded grant

Tuesday, January 3, 2012
Elaine Peck of Putnam County Community Foundation and Bob Steele, representing Cloverdale Community Dollars for Scholars, confer about the $15,000 challenge grant recently presented to the Dollars for Scholars program.

CLOVERDALE -- The Putnam County Community Foundation has awarded Cloverdale Community Dollars for Scholars with a $15,000 matching grant to build its endowment by $45,000.

In addition to the matching grant from the Community Foundation, a group of anonymous local donors will also match contributions, meaning that between Nov. 1, 2011 and Dec. 31, 2012, every dollar donated will be matched dollar for dollar up to a cumulative dollar amount of $45,000.

A Phone-A-Thon is being planned to raise the public portion of the grant. Students from Cloverdale High School, under the supervision of Dollars for Scholars board members and the school administration, will be calling parents of both current students and graduates as well as local residents.

The Phone-A-Thon will take place Saturday, Feb. 11 from 10 a.m. until 4 p.m. and on Sunday, Feb. 12 from 1 to 4 p.m. Anyone who wishes to receive a call or make a donation may send an e-mail to CloverdaleDollarsforScholars@gmail.com with your name and phone number or call 795-5711 ext 1151 and leave your name and phone number.

Cloverdale Community Dollars for Scholars is a volunteer group established in 1994 with a $1,000 donation and a goal to raise scholarship money for Cloverdale High School graduates.

The first scholarship was awarded in 1995. Since then, Cloverdale Community Dollars for Scholars has awarded $206,000 in scholarships to 280 deserving Cloverdale High School students.

Any student who attends a two- or four-year college or technical school is eligible.

Cloverdale Community Dollars for Scholars is an all-volunteer organization which operates with no paid staff. It is a chapter of the Indiana Dollars for Scholars and the national organization Scholarship America. These organizations provide students and parents with opportunities for additional scholarship monies from participating colleges and universities.

Anyone wishing to make a tax-deductible contribution to the Cloverdale Community Dollars for Scholars endowment and having gifts matched may send contributions to the Putnam County Community Foundation c/o Cloverdale Community Dollars for Scholars Fund, 2 S. Jackson St, Greencastle, IN 46135.

Gifts other than cash, including irrevocable planned gifts, will also be matched by the Community Foundation. Call for more information.

The Putnam County Community Foundation is a nonprofit public charity established in 1985 to serve donors, award grants and provide leadership, enriching the quality of life and strengthening community in Putnam County for this and future generations.

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