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Detailed Statement of Changes in Endowment and Similar Funds

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UNIVERSITY SYSTEM OF NEW HAMPSHIREDESCRIPTIONS OF TRUE ENDOWMENT FUNDSFOR THE YEAR ENDED JUNE 30, 2011EUGENE AND JOAN SAVAGE EDUCATION AWARD [6TC107]The award is to be presented annually to a NH student who has completed at least their first year at PSU <strong>and</strong> who aspires to pursue a career <strong>in</strong> education.The scholar will be chosen by a Selection Committee <strong>of</strong> the Education Dept. <strong>and</strong> will be awarded on the basis <strong>of</strong> f<strong>in</strong>ancial need, academic accomplishmentdemonstrated by a 3.0 GPA or better <strong>and</strong> promise for future success. Established 2007FORREST M. AND OPAL M. STEEN SCHOLARSHIP [6TC110]Established to provide need-based scholarships to PSU undergraduate students, preference given to first-generation students should two c<strong>and</strong>idates beequally qualified. The award may be renewed for up to four years total if overall GPA is 3.0 or above. Established 2007GARY DAVID JOHNSON MEMORIAL SCHOLARSHIP FUND [6TC022]Income only to be used to support scholarship grants to worthy PSU students major<strong>in</strong>g <strong>in</strong> Computer Science. Second choice is Account<strong>in</strong>g major <strong>and</strong> thenChemistry <strong>and</strong>/or Physics. Awards are to be based upon academic excellence <strong>and</strong> used <strong>in</strong> student's sophomore, junior or senior year. Established 1985GARY K. RICHEY ENDOWED SCHOLARSHIP [6TC115]Established for an undergraduate senior <strong>in</strong> the PSU Education Department’s Special Education option. This scholarship is to be based on academicachievement at PSU <strong>and</strong> will be awarded at the Education Dept. Convocation. Recipients shall be full-time students, attend<strong>in</strong>g for a full year <strong>of</strong> study forwhich this award is given, <strong>and</strong> shall be selected by the Education Dept. Scholarship Review Committee. Established 2007GENEVA M. SMITH [6TC049]Established with a gift from Geneva Smith to provide scholarships to PSU students. Income only to be used. Established 1992GEORGE & HELEN KOEHLER ENDOWED FUND [6TC116]Established to provide scholarships for students major<strong>in</strong>g <strong>in</strong> Bus<strong>in</strong>ess. Recipients will be selected by the Bus<strong>in</strong>ess Department Scholarship committee<strong>and</strong> will be based on merit with a preference for students <strong>in</strong> account<strong>in</strong>g, f<strong>in</strong>ance or management. Recipients shall be full time students, attend<strong>in</strong>g for thefull year <strong>of</strong> study for which this award is given. Established 2009GRADUATE RESEARCH FUND ENDOWMENT [6TC088]Established to provide stipends to graduate students to cover out-<strong>of</strong>-pocket expenses related to their research projects which are part <strong>of</strong> the requirement forcompletion <strong>of</strong> their degrees. Established 2005GRAPPONE GRANITE STATE SCHOLARS [6TC072]Established to provide scholarships for <strong>in</strong>centive grants to Grappone State Scholars attend<strong>in</strong>g PSU. Awarded to any NH resident who graduates <strong>in</strong> the top10% <strong>of</strong> their class, <strong>and</strong> scores 1200 or more on the SAT I or equivalent on ACT. Established 2003HAGE-DIVERSITY & INTERNATIONAL INITIATIVES [6TC123]The purpose is to provide support to students <strong>and</strong> the campus <strong>in</strong> areas such as diversity, <strong>in</strong>ternationalization, academic support services, educational access<strong>and</strong> leadership. The fund may also be used to support travel, student fees, <strong>and</strong> related expenses associated with <strong>in</strong>ternational students attend<strong>in</strong>g PSU.Established 2010HAMILTON, JAMES SCHOLARSHIP [6TC044]Established <strong>in</strong> memory <strong>of</strong> James McCallum Hamilton. The purpose <strong>of</strong> this fund is to honor James' memory <strong>and</strong> to keep his spirit alive <strong>in</strong> the PSU PantherFootball family. The fund will provide a plaque annually, recogniz<strong>in</strong>g that student who makes the greatest overall contribution to defense as selected by theHead Football Coach. Criteria for selection shall <strong>in</strong>clude love <strong>of</strong> the game, love for teammates, dedication to the sport, improvement with<strong>in</strong> position, <strong>and</strong>contribution <strong>of</strong> an extra spark <strong>of</strong> spirit <strong>and</strong> enthusiasm to Plymouth State University football. Established 1991HANAWAY ENDOWMENT FOR THE PERFORMING ARTS [6TC098]Established to support, <strong>in</strong> part, the artists fees <strong>and</strong> production cost for the first performance <strong>of</strong> the Silver Series each year. Established 2006HAROLD C. AND MARTHA ZEHR ENDOWMENT [6TC087]Established to provide support for PSU psychology student travel to pr<strong>of</strong>essional research conferences. Established 2005HAROLD E. HYDE ENDOWED SCHOLARSHIP [6TC064]Established to provide scholarships to students who demonstrate a strong record <strong>of</strong> academic achievement. Criteria <strong>in</strong>cludes an exemplary record <strong>of</strong>leadership <strong>and</strong> service; a commitment to activities whose purpose is to further the cause <strong>of</strong> <strong>in</strong>ternational underst<strong>and</strong><strong>in</strong>g; <strong>and</strong> an <strong>in</strong>terest <strong>in</strong> a career <strong>in</strong>education adm<strong>in</strong>istration. Established 2001HARRY PREBLE SWETT FUND [6TC034]Gift <strong>of</strong> Louise C. Pelletier, Class <strong>of</strong> 1933, Plymouth State University <strong>in</strong> honor <strong>of</strong> Pr<strong>of</strong>essor Harry Preble Swett, <strong>in</strong>come to provide books for LamsonLibrary at PSU to supplement, rather than replace, exist<strong>in</strong>g Library fund<strong>in</strong>g. Established 1978HARTMAN/KELLY SCHOLARSHIP FUND [6TC020]Fund established <strong>in</strong> memory <strong>of</strong> former PSU employees, Van A. Hartman <strong>and</strong> Vernon Kelly. Income only to be used to provide scholarship aid to PhysicalEducation majors enrolled <strong>in</strong> the four-year program who exemplify the f<strong>in</strong>est <strong>in</strong> scholarship <strong>and</strong> citizenship. Established 1973HAZEL BALCH MOORE SCHOLARSHIP FUND [6TC026]Gift <strong>of</strong> Hazel Moore, PSU '26, <strong>in</strong>come only is to be used to provide scholarship assistance to Bus<strong>in</strong>ess majors who are at least second semester sophomores.Established 1988135

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