Thursday, February 4, 2016

Adele V. Taylor Memorial Scholarship Trust Established

Lost amid the bond and budget hearing and unfortunately after just about everyone had left the building, was the funding of the Adele V. Taylor Memorial Scholarship Trust.
In a very generous action by former Moultonboro Fire Chief Richard Plaisted, a check was written payable to the Town of Moultonborough in the amount of $125,000 to establish the scholarship fund from his proceeds of the sale of the Adele Taylor property to the town in 2014.

"Scholarships will be available to members of each years graduating class from Moultonborough Academy who will be pursuing post-secondary education, i.e. 4 year college, 2 year college, Junior College, Professional School or Technical School.
The scholarship money will be paid at the beginning of the second semester directly to the the College, Professional School or Technical School. Applications must be submitted no later than May 15th of each year, to the Guidance Department at Moultonborough Academy."

This is a very generous gesture by Mr. Plaisted and the BoS on behalf of the Town, thanked him for creating this scholarship fund and for his generosity.

3 comments:

Anonymous said...

I believe we townspeople paid a bit more than that for the property. Are there any additional donations from family beneficiaries coming as was the idea in the first place?

Moultonboro Blogger said...

Before this was voted on at Town meeting it was announced that only Mr. Plaisted's proceeds would be donated for the scholarship fund. Lets not turn a positive and generous action into something negative. Many students will benefit from these scholarships.

Fred Van Magness said...

Chief Plaisted should be publicly congratulated for making this very generous contribution. Maybe a big "thank you" at Town Meeting. This generosity brings to mind the potential for the town to consider pricing naming rights for significant contributions should the proposed Community Center be voted on favorably. Proceeds should unequivocally be dedicated to reduction of the $6.5M debt.....not other things. Ideas may be for naming the building, naming the gym, naming the meeting room, kitchen, etc. etc. To participate, the naming donation would have to be very significant.... But it may be something to consider. I can think of some big businesses in town that might like to be involved. Just a thought....I have no idea if it is legal in NH, but......