HomeMy WebLinkAbout2001-05-23-TPT-HoiriisTO: Mr, Alan Fields
Chairman
Trustees of Public Trusts
RE: Jacqueline Toye Hoiriis Scholarship Fund
This memo is to set forth the terms on which the Trustees of Public Trusts agree to hold
the JACQUELINE TOYS HOMHS SCHOLARSHIP FUND in memory of Jacqueline
Toye Hoiriis being established by the Toye and Hoiriis families,
1, The Trustee will hold and invest the fund as part of the common trust funds
administered by them for the town of Lexington,
2, Each year the Trustees shall award through the PTA Council Scholarship
Committee (or its successor organization), a scholarship to be known as the
JACQUELINE TOYE HOIltIIS SCHOLARSHIP, This scholarship shall be
in the amount of at least three- fourths of the net income of the fund, The
remaining (25 %) income shall be added, each year, to the principal of the
fund,
3. The scholarship shall be physically awarded by a member of either the Toye
or Hoiriis family as long as they are willing and able. In their absence a
member of the P,T,A, Scholarship Committee shall make the presentation,
4. To be eligible, a potential recipient must meet the following criteria:
(a) Be a woman graduating from either Lexington High School or Minuteman
Regional Technical High School,
(b) Be a resident of Lexington, Massachusetts.
(c) Have been a member of the Haydenette Precision Skating Team,
(d) Have been accepted to and plan to attend a college or university,
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(e) Have demonstrated aspects of Jacqueline Toye Hoiriis' character, i.e, an
outgoing, cheerful, happy person who gets along with everyone,
Mr. Alan Fields
Jacqueline Toye Hoiriis Scholarship Fund
Page Two;
(5) Applications for this scholarship shall be available from the Lexington
High School Scholarship Coordinator through the P.T.A. Council
Scholarship mechanism, The P.T.A. Council Scholarship Committee shall
consult with the skating coach at Hayden to finalize the choice.
(6) If in any year no qualified applicant is available, the income for that year
shall be added to the principal.
(7) In any award year, monies may be added to increase the amount of the
scholarship. At ariy.time money may be added to the principal of the fund.
We hope this information is helpful to you and look forward to beginning this fund on
behalf of our daughter , Jackie.
Sincerely Yours,
Stanley and Dorothy Toye
30 Balfour Street
Lexington, Ma 02421
781- 862 -3886