|Open to||For students at Franklin Pierce|
These permanent endowment scholarships were established in 2002, when the Foundation “inherited” the funds in the FPHS Scholarship Program.
The scholarship will be awarded to two graduates from Franklin Pierce High School, one based on scholarship and the other based on need.
|Amount||2 scholarship(s) of $1,000 each. (total annual contribution: $2,000)|
|Award notes||One time award.|
The FPHS Faculty Scholarship Committee will select two recipients and two alternates annually. The scholarship shall be awarded to the alternate selected if the primary award winner does not meet the requirements of the scholarship.
The Franklin Pierce High School Scholarship Program was started in 1988 by a small group of parents of FPHS students. Parent Sally Yurovchak and FPHS guidance counselor Pat Bustruck were leaders in the creation of this organization.
The main source of funds for scholarships came from a thrift store which was housed in a small outbuilding on the grounds of Midland Elementary School. High school seniors could volunteer hours working the thrift shop or could donate to the shop. This would earn them a small scholarship. The Scholarship Program also provided a way for smaller organizations such as elementary PTAs to offer scholarships to FPHS graduates.
With the demolition of Midland Elementary School in 2001-2002 to make room for a new Midland Elementary, the thrift ship closed and the main source of funds was lost. In 2002 the FPHS Scholarship Program dissolved and the money they raised and held for future graduates was transferred to the Franklin Pierce Foundation. The Foundation used to that money to start two scholarships called the Franklin Pierce Foundation Scholarships. In 2020 the Foundation decided to change the name of the two scholarships to the Thrift Store Legacy Scholarships to recognize the origin of those scholarships and to honor the dedication of the members of the original FPHS Scholarship Program.
|Administration of the fund||The fund is administered by the Franklin Pierce Foundation, a nonprofit corporation registered in the State of Washington.|
|Method of payment|
|Fund type||Permanently endowed scholarship|