The directors of the Seasonal Friends of Rangeley Scholarship have announced receipt of the largest contribution they have received since the program was started in 1996.
The $50,000 gift was donated as a bequest from Gerard T. O’Boyle, a resident of Danbury, Connecticut, who passed away on August 20, 2018.
Mr. Boyle was a professor of economics at St. John’s University. His background as an educator provided the impetus for him to support the scholarship program. His contribution will be added to the Scholarship’s endowment, so it – like all donations – will continue to support the program in perpetuity.
The Seasonal Friends of Rangeley Scholarship provides financial assistance to help graduates of the Rangeley Lakes Regional School to attend college. In selecting each year’s recipient, the scholarship committee considers students’ academic record and participation in school activities, and puts a strong emphasis upon taking an active part in community service.
A second grant program, the Legacy Scholarship, is funded by permanent residents of the Rangeley Lakes Region. It allows donors to make their contribution in honor or memory of someone.
The Directors of both scholarships are Rebekah Carmichael, Town Treasurer of Rangeley; Heidi Deery, Student Services Director at the Rangeley Lakes Regional School; Leeanna J. Wilbur, Vice President, Franklin Savings Bank, Rangeley, and one anonymous seasonal resident.
Contributions to the Seasonal Friends of Rangeley Scholarship and the Legacy Scholarship, are tax deductible. They may be sent to P.O. Box 321, Rangeley, ME 04970. Donors receive a receipt for tax purposes, and the thanks of the outstanding students who benefit from this program.
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