Passing a Torch to Our Future
The West Point Community Foundation was organized November 25, 1991.
The purpose is to offer a prospective donor a dignified and effective way to invest in the future of the area in which he or she made his or her livelihood, and with a maximum of tax savings to the donor or his or her estate.
The Foundation is a wholly non-profit corporation organized under the laws of the State of Nebraska with perpetual existence. It is recognized as a charitable organization by the Internal Revenue Service having a 501(c) (3) status.
The Foundation is able to make grants in the fields of health, education, civic improvement, recreation and social welfare for the benefits of the West Point area.
The Foundation is managed by a Board of Directors who are chosen because of their administrative abilities and their wide knowledge of community needs.
The Foundation’s Purpose
The funds which the West Point Community Foundation uses to fill the needs of the community in the broad areas of health, education, civic improvement, recreation and social welfare come from contributions from living persons and from bequests made by civic-minded persons in their wills.
Both the contributions and the bequests may be made in any amount, large or small, and may be made in cash or property. All are tax deductible.
A contributor, or a testator making a bequest may give the Board of Directions such direction as he or she desires regarding the charitable purpose to which he or she wishes to have the cash or property applied. Or they may simply make the contribution or bequest to the Foundation without any strings, thus allowing the Board of Directors a free hand in filling the needs of the West Point area.
If the contributor or bequest sets up a fund and allows the Board of Directors to expend the income therefrom for a charitable purpose, it is especially desirable that, at some future time, the Board be given the discretion as to the charitable purpose, to eliminate the risk of contributing to an out-dated cause.
A contributor may make the gift in his or her own name or as a memorial or even remain anonymous if he or she prefers. All bequests are, of course, treated as memorials.
Each scholarship applicant needs to complete the application packet (checklist provided) including the three references and mail to:
Questions may be directed to any member of the Scholarship Committee.
West Point Community Foundation Scholarship Committee
Dr. Shawn Kralik 372-2418
Kelly Kaup 372-3965
Dave Knievel 372-5741
Elwood Moore 372-2146
Nancy Steffen 372-2180
Chris Peatrowsky 372-5905
Don Roeber 372-5702