JERRY SHARP MEMORIAL SCHOLARSHIP FUND
ESTABLISHING DOCUMENT
Greater Kansas City Community Foundation
1055 Broadway, Suite 130
Kansas City, Missouri 64105
The Community Foundation is authorized to accept
charitable contributions to the Fund subject to the terms
set forth herein.
I intend that the income and principal from the Fund
provide annual scholarships for the purpose(s) stated
below.
- Purpose
This scholarship is in memory of Jerry Sharp (The
Possum) who promoted motorcycle racing throughout
Missouri.
- Student Eligibility
The students eligible for assistance shall be
graduating seniors intending to continue their education
through a two or four year college and/or technical
school. They must have competed in the Missouri State
Motocross Series or the Hare Scramble Series. These
scholarships will be supplemental for students who have
already earned athletic and/or academic scholarships.
Consideration will be given to financial need and the
student's work and community service record. Student must
continue to attend classes and keep a 2.0 grade point
average (or equivalent).
- Type and Amount of Aid
The type and amount of aid shall be at the discretion
of the Board of Directors of the Community Foundation and
may include, but is not necessarily limited to, one
annual $1000 scholarship which will be awarded on an
annual basis and disbursed in equal payments in August
and January. The student must continue to attend classes
and maintain a 2.0 grade point average in order to
receive the second payment. This scholarship is not
automatically renewable, however, students may reapply
for subsequent years.
- Application Deadline
All applications must be postmarked by March 15th
- Advisory Committee
An Advisory Committee shall recommend scholarships
from the Fund to eligible students and recommend to the
Board of Directors of the Community Foundation such other
actions as it deems appropriate under such rules of
procedure as the Advisory Committee may adopt. The
Community Foundation may act upon receiving and approving
the written recommendation of the Chairperson of the
Advisory Committee. It is understood that the Advisory
Committee shall be appointed by the Community Foundation
and the manager of scholarship funds for the Community
Foundation shall have the ultimate authority to select
scholarship recipients. It is also understood that the
Advisory Committee is accountable to the Board of
Directors of the Community Foundation and that all grants
for travel, study or other similar purposes shall be
awarded pursuant to an objective and non-discriminatory
procedure that has been approved by the Board of
Directors of the Community Foundation. We recommend that
the following persons, as attached, serve as the initial
Advisory Committee for the Fund.
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