The Rotary Club of Merrimack Scholarship Fund, Inc. relies on donations to fund the scholarships that are awarded each year to Merrimack residents and to grow the endowment principle. RCMSFI will accept donations as follows:
Other donation vehicles may be accepted by the RCMSFI at its sole discretion.
To support donations as listed above, the RCMSFI has established two programs to encourage gifting. Those programs are Friends of RCMSFI and Planned Giving Program.
The Friends of RCMSFI Program is an Annual Giving Program from the Merrimack Community. This program is designed to encourage Merrimack businesses and residents to donate to the RCMSFI each year for a special scholarship award each year. Half of all funds raised are added to the Board Designated Endowment fund and half are given out as the Friends of RCMSFI Scholarship. The amount given for the Scholarship is rounded to the nearest $100s. Cash donations of any amount are accepted under this program.
The Scholarship Selection Criteria for the Friends of RCMSFI Scholarship is determined at the sole discretion of the board of Directors each year. All scholarships awarded by the RCMSFI have a requirement that they be dependant on establishing a financial need of the recipient.
If you are interested in being a Friends of RCMSFI Scholarship donor click here.
Planned Giving Program has been established to encourage Donations and Bequests from Wills, Estates, and Insurance Policies of individuals in the greater Merrimack community to the unrestricted endowment. There are many tax reasons for giving under this planned giving program. Donations of cash, bequests, readily marketable securities, and life insurance policy beneficiary will be accepted. You should consult with your tax/financial advisor concerning the benefits for giving under this program. The Board of Directors of the RCMSFI as requested by potential donors may consider other donation mechanisms.
If you are interested in becoming a Planned Giving donor click here.
Coming soon. Please contact us through the Contact Form here.