Moraine Park Foundation receives endowed scholarship from Oberreich Foundation

by admin13. May 2007 19:00

An endowed scholarship has been established with the Moraine Park Foundation by the Francis R. and Ruth E. Oberreich Foundation in Markesan.

 

This new general scholarship is available to all qualified Moraine Park program students. Applicants must be enrolled for at least nine credits per semester and maintain a grade point average of at least 2.75. Financial need is among the criteria used to determine scholarship recipients.

 

“An endowed scholarship ensures student scholarships for perpetuity and is an outstanding memorial to individuals like Francis and Ruth Oberreich,” said Sharon Nevins Holmes, Moraine Park vice president of marketing and college advancement. “Increasing the Moraine Park Foundation’s endowed scholarship fund will enable us to make education a reality for more students.”

 

The private foundation established by the late Francis and Ruth Oberreich is dedicated to helping youth and makes annual gifts to churches, schools and other nonprofit organizations. This is the first endowed scholarship the Oberreich Foundation has given.

 

Lynn Funk, Oberreich Foundation board president, said education was something that Ruth Oberreich always felt was important so when the opportunity arose for the foundation to create an endowed scholarship, the board felt it was “a match made in heaven,” she said.

 

“The idea that this money is perpetual is what was really appealing,” said Funk. “The money that has been donated will go on and on and continue to help people who want to go on to college but need some additional assistance.”

 

For more information about the Moraine Park Foundation, visit www.morainepark.edu or call Sharon Holmes at 920-924-6326.

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