HomeMy WebLinkAboutC24303 - Cal St. Univ - San BernardinoContract No. C24303
PALM DESERT ATHENA FUND
SCHOLARSHIP AGREEMENT
The Palm Desert ATHENA Committee does hereby contribute to the
Foundation for California State University, San Bemardino (CSUSB) the amount
of $2,625.00 to establish the Palm Desert ATHENA Scholarship on October 29,
2008.
RECITALS
Whereas, the City of Palm Desert desires to promote higher education for
the students of Califomia State University, San Bemardino; and
Whereas, the City of Palm Desert recognizes the importance of
universities and the role they play in providing higher education for individuals;
and
Whereas, the Foundation for Califomia State University, San Bemardino
(CSUSB), a non-profit 501(c) 3 corporation, has been formed to assist CSUSB in
conducting its mission of providing higher education services; and
Whereas, the City of Palm Desert wishes to provide funding to the
Foundation for CSUSB for the purpose of providing scholarship funds for CSUSB
students.
Now, therefore, it is agreed as follows:
This scholarship is to provide funds to help meet the cost of education — fees,
books, expenses, room and board — for students who meet the following
scholarship criteria:
Student enrolled at the Califomia State University San Bemardino
Minimum G.P.A. of 3.0
The City of Palm Desert understands that this scholarship will be closed out once
all of the funds are expended through awarding of scholarships.
All funds contributed to the University for scholarships are administered through
the Foundation for CSUSB. A 5% administrative overhead fee is charged on all
gifts administered by the Foundation of CSUSB at the time of deposit.
Palm Desert Athena Fund
Scholarship Agreement Contract No. C24303
Expendable scholarships are publicized campus -wide beginning in January of
each year. Applications are reviewed by the Palm Desert ATHENA Committee
and administered by the CSUSB Financial Aid Office.
If the terms of the agreement cannot be met for any reason, the Foundation, on
behalf of the University, reserves the right to make the necessary changes so
that the monies can be awarded. The Foundation, on behalf of the University,
reserves the right to make the final decision in awarding scholarships.
The Foundation will advise the University to include this gift commitment in any
appropriate intemal reports and fundraising materials that list donors, unless the
donor specifically requests anonymity.
The Scholarship shall be named as follows:
Burrtec Waste and Recycling Services Scholarship
The City of Palm Desert hereby accepts these guidelines for the establishment of
the Palm Desert ATHENA Committee.
City of Palm Desert
73-510 Fred Waring Drive
Palm Desert, CA 92260
The Foundation for CSUSB
By: By:
Carlos L. Ortega, City Manager
Date:
Approved as to form:
David J. Erwin, City Attorney
David DeMauro, Treasurer
Date:
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