HomeMy WebLinkAbout2000-05-24-TPT-ModoonoRose M. Marshall
99 Main Street
Norwell, MA 02061
The Dominic and Assunta Modoono
Family Scholarship Fund
1. The Trustees of Public Trusts will hold and invest the funds as part of
the common trust funds administered by them for the Town of Lexington.
2. Each year the Trustees will give up to three- fourths (3/4) of the income
earned to the P.T.A. Council Scholarship Committee or their designated
successor. Remaining income twenty -five percent (25 %) from the fund and
all capital gains shall be added to the principal each year.
3. To be eligible, potential recipients must meet the following criteria:
a) must be a Lexington resident in the senior class at Lexington High
School, or Minuteman Regional Vocational High School, or
b) a graduate of either of the above referred schools presently in
college;
c) have selflessly, enthusiastically and creatively served both their
school and community;
d) have a special talent or trait that is recognized and enhances their
personality;
e) have a demonstrated financial need.