Account Status

Amount Donated through PayPal.....$3360.02

Amount Donated at the bank............$ 240.00

Total of donations...............................$3600.02

Expenses:

     Checks...............$  22.55

     PayPal Fees.......$102.79

  Expense Total......$125.34

Sub Total..............................................$3474.68

2018 Scholarship....$1000.00

Balance of Account as of 5/18/18.....$2474.68

  As you can see the percent that PayPal charges us effectively cancels a number of donations.  That bothers me a lot. The board and will be actively looking for ways to reduce this cost. A 501 3c as well as any other way to put as much money into the fund as possible.

   We will also be looking for sponsors that could help us with substantial donations. Grants from foundations, businesses that set aside funds for donations, etc. Our goal is to build the fund to the point where investment interest, etc. would provide a sufficient balance to be able to award the scholarship each year without depleting the account. That "Goal Amount" would be in the range of $20,000. You can see just how serious we are about making this scholarship something unique and long-lasting.

If any of you have ideas or leads about organizations to approach as we continue to work on this fund....please contact me. Email from the link on this site or use: flosteve@pmt.org

THANK YOU ALL SO VERY MUCH.  BECAUSE OF YOU THIS HAS BECOME A REAITY!

208-219-0447

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