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MODEL A FORD YOUTH SCHOLARSHIP FUND, INC.
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Do you know there is a Scholarship Program available to all MARC and MAFCA children and grandchildren? Well you should, it is for your children.
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The Model A Ford Youth Scholarship Fund, Inc. a 501 (c) (3) charity was founded in 2001 with the first award being presented in 2002. Since that first award, over $120 thousand dollars have been awarded to 35 children of both MARC and MAFCA.
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This award is fairly new to the members of MARC so let me tell you about the award. It is open to all children and grandchildren of MARC and MAFCA members. The applicant can be a member on his/her own.
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Let me answer some questions you may have:
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Are there any fees involved?
Absolutely not, the scholarship is free.
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Do the scholarship award winners pay income tax on the award money?
They do not pay income tax on the award money from the scholarship fund if the money goes directly to an accredited college or trade school.
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How much is the award?
The scholarship winners will get a maximum total of $4,000 payable in up to four $1,000 installments depending on the length of time of their undergraduate studies depending on maintaining at least a 2.0 GPA.
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When and where will the Scholarship Awards be made?
The awards will be presented on even years at MAFCA and odd years at MARC National conventions. Winners not present will be mailed their award checks.
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How much of the donations go to the Scholarship Winners?
All of the donations go into the Scholarship Fund and from there directly to the award winners.
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What part does the sponsor, the Victoria Association play?
The Victoria Association pays all costs of maintaining the Scholarship Fund. No donated money goes to the Victoria Association.
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How is the Scholarship Funded?
The Scholarship raises money by soliciting donations from the various MARC Regions and MAFCA Chapters, by personal donations, corporate donations and fund raising efforts of the many MAFCA and MARC Regions and individual members. MARC and MAFCA make generous donations to the fund.
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Who administers the fund?
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The fund Board of Directors administers the fund operations and selects the winners.
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We sincerely hope that the MARC regions become familiar with the Model A Ford Youth Scholarship Fund program and get their youth members interested. The fund is there to help the youth. To carry on this program it is necessary for the MARC Regions and MAFCA Chapters to help support the fund and to keep this great youth Scholarship program going and growing.
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Please see the write up on page 23 of the Model A News September/October 2008 issue.
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Since the 2008 3rd Joint Meet in Dallas, we have had two changes to the Board of Directors. The new Board members are:
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Charlie Viosca, Texas – President-pro-tem; Keith Smith, California – Treasurer;
John Frazee, California – Vice-President; Dean Larson, Massachussetts – Student Records;
Ginger Stone, California – Secretary
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We hope to hear from you soon,
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Charlie Viosca
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