Hugh and Agnes Morgan Scholarship Fund
Created: 1981
Purpose: Scholarship
"…and the full net income therefrom shall be used and expensed by the Trustees in aiding students who are residents of Jaffrey and attend the Jaffrey-Rindge school. Each year, so much of the net income of the trust fund as provided below shall be paid to an eligible student. The responsibility for choosing an eligible student shall rest solely with the guidance counselor and the principal of the Jaffrey-Rindge school. The decision of the guidance counselor and principal, with respect to the selection of an eligible student, shall be based on the following criteria: (1) the student must be a resident of Jaffrey; (2) the student must have a clear financial need for the scholarship assistance; and (3) the student must have a superior academic record.
Bank interest and other income permitting, the scholarship will be for One Thousand Dollars ($1,000.00). If the income does not amount to One Thousand Dollars ($1,000.00), the scholarship will be adjusted accordingly. If the income exceeds One Thousand Dollars ($1,000.00), the Trustees may accumulate the excess income until the income from the Trust Fund (including retained income) permits the granting of a second scholarship of One Thousand Dollars ($1,000.00). Upon written notification by the school principal, the Trustees will mail a check, for one-half of the full amount of the scholarship award at tge beginning of the first semester and one-half at the beginning of the second semester, to the college where the student is to be enrolled."
Source: Section Three College Scholarship Fund from College Scholarship Fund Trust Instrument, The Hugh and Agnes Morgan Scholarship Trust.
The above section in italics was replaced by an amendment dated May 3, 1993.
Section three, second paragraph is hereby canceled and is of no further effect. In lieu of the canceled provision, the following section is substituted: Bank interest and other income permitting, the scholarship will be for One Thousand Dollars ($1,000.00). If the income does not amount to One thousand Dollars ($1,000.00), the scholarship will be adjusted accordingly. If the income exceeds One Thousand Dollars ($1,000.00), the Trustees may accumulate the excess income until the income from the Trust Fund (including retained income) permits the Trustees to increase the amount of the scholarship. Upon written notification by the school principal, the Trustees will mail a check, for one-half of the full amount of the scholarship award at the beginning of the first semester and one-half at the beginning of the second semester, to the college where the student is to be enrolled. The check shall be made payable to both the institution and the student awardee. If the student should fail to complete a semester, any refund due said student shall be forfeited and be returned to the Trustees.
Hugh & Agnes Morgan - College Scholarship Fund - net income shall be used and expensed by the Trustees in aiding students who are residents of Jaffrey and attend the Jaffrey-Rindge School. The responsibility for choosing an eligible student shall rest solely with the guidance counselor and the principal of the Jaffrey-Rindge School. Selection of eligible student shall be based on the following criteria: 1) student must be a resident of Jaffrey; 2) student must have a clear financial need for the scholarship assistance; 3) student must have a superior academic record. The scholarship will be for $1,000. If the income does not amount to $1,000 the scholarship will be adjusted accordingly. If the income exceeds $1,000 the Trustees may accumulate the excess income until the income from the Trust Fund permits the Trustees to increase the amount of the scholarship.
Source: ?
In 2006, George B. Duncan of Old Lyme, CT, donated $10,000 to this trust and $10,000 to the John J. Morgan trust.
Past Recipients of Scholarships
- Heather Foss (2010) $1,000
- Shannon O'Brien (2009) $1,100
- Courtney Ascani (2008) $1,300
- Nikki Donovan (2007)
- Jacob P. Ferrell (2006) $800
- Nicole M. Jackson (2005) $1,200
- Rachael Anne Dionne (2004) $1,200
- Danielle Brideau (2003) $1,600
- John W. Batchelder (2002) $1,600
- Elliot M. Shea (2001) $1,600
- Erin Mei Getty (2000) $1,600
- Kristen M. Egan (1999) $1,400
- Brandy Jean Adams (1999 or 2000) $1,200
- Timothy I. Miller (1997) $1,000
- Carrie A. Jayne (1995 or 96) $1,000
- Elizabeth Bergeron (1996?) $1,000
- Richard F. Stratton (1995 or 96) $1,000
- Jill Marie Cournoyer (1994) $1,000
- Lynn Mazorell (1993) $1,000