Fugate Family Creates Scholarship with Willow Springs School Foundation

The Fugate Family presents the Willow Springs School Foundation with an endowed scholarship to benefit Willow Springs students. Front: Board member Eric Montgomery, school superintendent Dr. Derrick Hutsell, and donors Rita and Royce Fugate. Back: School Foundation president Matt James, board member Valerie Bailey, board member Becky Cash, board member Dr. Laurie Clarkston, and high school counselor Sharon Petrus.

The Willow Springs School Foundation hosted its first meeting on Monday, April 25th and celebrated an exciting start.  The School Foundation, thanks to Royce and Rita Fugate, can count the Margaret Eidson Fugate Class of 1931 Scholarship Fund as their first endowed scholarship created to support graduating seniors of Willow Springs High School.

The Fugate family decided to establish an endowment fund in honor or Royce Fugate’s mother, Margaret Eidson Fugate, who was a Willow Springs High School graduate in 1931.

“We wanted to honor my mother on the 80th anniversary of her high school graduation,” Mr. Fugate said.

Preference for this scholarship will be given to an elementary or secondary education major with secondary preference to an engineering major.  The 2011 recipient, who will be selected in the coming weeks, will receive the first $500 scholarship.

The Willow Springs School Foundation will provide donors like the Fugate family with a unique opportunity to establish endowed scholarship funds.  However, this is certainly not the only way to support Willow Springs students through the School Foundation.  Donors may help the school reach financial goals in any project or area of interest by making gifts to the school foundation’s short term and long term endowment funds.

“This gives us an opportunity to help donors have ways to give in what interests them,” School Superintendent Dr. Derrick Hutsell said.  “We have this great opportunity, which we can expand upon.”

“It is wonderful the Fugates will allow us to show the importance of giving by example, and we are thankful for their meaningful gift,” CFO staff member Carol Silvey said. “The Willow Springs School Foundation will do whatever they can to improve the Willow Springs school, and the Willow Springs Community Foundation and the Community Foundation of the Ozarks are excited to partner with them.”