WAYS TO GIVE
How to Support Les Cheneaux Community Foundation
There are many ways you can work with the Les Cheneaux Community Foundation.
Be a Philanthropist
You may enjoy being a philanthropist during your lifetime by making gifts of cash, appreciated stock or real estate and receiving significant tax deduction. Because the Community Foundation is a 501(c)(3) public charity, all gifts have special tax benefits.
Create a Charitable Legacy
You may create a charitable legacy and reduce your estate taxes by making a provision for the Community Foundation in your will or estate plan.
Name the Foundation as a Beneficiary
It is also possible to name the Foundation as the beneficiary of a corporate giving program, life insurance policy, or qualified retirement plan, which can reduce both income and estate taxes that your beneficiaries would otherwise pay.
Giving Through Private Foundations
The Community Foundation can also provide giving opportunities to owners of private foundations.
You may designate the Foundation to receive the assets of an existing private foundation or trust, providing exit options from those arrangements, and reducing your tax and administrative costs.
Outright Gift
Cash or publicly traded securities, trust/pledges, appreciated stock. All qualify for maximum state and federal tax benefit.
Other Forms of Gifts
Under certain circumstances: closely held stock, real estate, tangible personal property, life insurance policies, partnership interests, annuities, and 401(k) proceeds.
Bequests
A gift or portion of an estate which may greatly reduce federal and estate taxes.
Gift Annuity
Cash or property transfer for immediate tax benefits, and fixed payments for life.
Charitable Remainder Trust
Cash or Property placed in trust which pays an annual income for life. After death, the remainder trust transfers to the foundation and is placed in a charitable fund you select. Tax benefits occur the year the trust is established.
Charitable Lead Trust
Cash or property placed in a trust that pays a fixed amount to the foundation for the number of years selected. Afterwards, assets held by the trust are transferred to named beneficiaries. May substantially reduce federal gift and estate taxes.
Your Generosity Builds Our Community
uged INVESTING IN THE FUTURE
Les Cheneaux Community Foundation Scholarship Funds
Scholarship Funds Held by The Les Cheneaux Community Foundation:
Josh Goodell Memorial Scholarship
Josh Goodell was a 2019 graduate of Cedarville High School. He realized his goal of playing both basketball and football all four years of high school. His family wishes to honor Josh's memory by awarding a $1,000 scholarship to a student who shares Josh's love for athletics.
George H. Nickels and Les & Jackie Stiner Memorial Endowment Scholarship Fund
The sole purpose of this fund shall be to provide a scholarship to a student attending the Great Lakes Boat Building School in Cedarville Michigan.
The selection of the student(s) for this special scholarship award will be made by the Scholarship Committee of the Great Lakes Boat Building School, as appointed by the Foundation’s Board of Trustees. Graduates who received a George H. Nickels Scholarship shall be recognized as such at graduation and called George H. Nickels Scholars.
Bonnie Mikkelsen Endowed Scholarship Fund
The sole purpose of the Fund shall be to provide financial assistance for students attending the Great Lakes Boat Building School who have met the financial need criteria as established by the Board of the Great Lakes Boat Building School.
Frank (Duke) Harding Memorial Endowed Scholarship Fund
The purpose of the fund is to provide an annual scholarship to a student attending the Great Lakes Boat Building School.
Les Cheneaux Arts Council Fund
The purpose of the fund is to provide annual support to art programs, classes & scholarships in the Les Cheneaux Community.
Les Cheneaux General Scholarship Fund
The primary purpose of the fund assets shall be to provide financial assistance for students who are attending a post-secondary school and are graduates of the Les Cheneaux Community Schools.
Les Cheneaux Lions Club General Scholarship Fund
The primary purpose shall be to provide FIRST YEAR financial assistance for students who are pursuing a post-secondary education and are graduates of the Les Cheneaux Community Schools.
Thomas (Tommy) Nelson Mertaugh Scholarship Fund
The sole purpose shall be to provide a scholarship to a student attending the Great Lakes Boat Building School and who meets the criteria established by the Great Lakes Boat Building School for financial aid.
Tricia (St Onge) Smith Memorial Scholarship Fund
Tricia (St Onge) Smith attended Les Cheneaux Community Schools and graduated in 1997. Not only was she a wonderful student but she was also passionate about sports. Tricia earned many awards in basketball, volleyball, and track. She later attended Central Michigan University and became an incredible teacher. This fund was set up to help others who share Tricia's passion for education and sports. This fund will award $500 to a recipient each year.
Trip Abnee Memorial Water Safety Fund
This fund was created by Trip Abnee's wife and daughters to honor Trip's love of boating and insistence on safety. He taught many kids how to drive a boat and made it possible for them to get their boating licenses. He had two rules: "Do what the captain says, when the captain says it" and "Have fun". Coming into the dock he would say, "Fingers and paws inside the boat" and after docking he would say, "Any landing you walk away from is a good one, every time without fail". This fund is used to provide life vests to area youth who complete the Water Safety Course offered free of charge each summer.
The Williams Family of Coryell Island Scholarship Fund
This $1000 scholarship was instituted in 2001 by the Williams Family who has had a long time presence on Coryell Island. The purpose is to provide financial assistance for continuing education or vocational training to graduates of the Les Cheneaux Community Schools based on their financial need, academic performance, and participation in extracurricular activities and community service.
Geraldine (Gerry) Naybeck Memorial Scholarship
The primary purpose is to support programs and projects that provide education and /or early detection of cancer: equipment, programs, or services to assist individuals diagnosed with cancer or other terminal illnesses. Also supported are programs and support services for families or scholarships for students studying nursing or a related health field.
Tassier-Nye Scholarship
The primary purpose of the fund shall be to provide financial assistance for students who have attended a school in the Les Cheneaux area.
Rae Taylor Memorial Scholarship Fund
Rae Taylor was an avid builder and lover of boats. This endowed scholarship fund was created by Rae Taylor's wife Dianne in his memory. The sole purpose of the fund shall be to provide an annual scholarship for a Great Lakes Boat Building School student who has a love of boat building & repair, or mechanical maintenance of boat engines & systems, and who demonstrates a financial need.
William T. and Ann Collins Charitable Fund NEW SCHOLARSHIP AWARD
Applications are being taken through June 30, 2022 for a $5,000 scholarship awarded to a graduate of Cedarville High School who is currently pursuing a career in the healthcare field. Contact our office for application. (906)484-2484 or [email protected].
William (Billy) Ryan Scholarship Fund
The sole purpose shall be to provide an annual $500 scholarship to a Cedarville High School graduate who intends to continue his/her education at an institute of higher learning, either university, college, or vocational/technical school.
Earl Law-Perry White VFW Post 7958 Scholarship Fund
The sole purpose of the fund is to provide $1000 or $1500 scholarship to a high school graduate from both Les Cheneaux Community Schools and Pickford Community School who intends to continue his/her education at an institute of higher learning. The graduating senior is required to be a veteran or related to a veteran. If related to a veteran who is a member of the Earl Law-Perry White VFW Post 7958, the scholarship shall be $1500 instead of $1000.
Archie and Ruth Visnaw Endowment Memorial Scholarship
Archie Visnaw grew up in Cedarville and was one of Cedarville's great ambassadors. Archie was the area postmaster for more than 30 years.
He was also an avid boat and snowmobile racer. Most importantly, Archie was a friend to everyone he met. Ruth came to Cedarville as a Home Economics teacher. She taught over 25 years in the Cedarville School system and was a highly respected teacher. The Archie and Ruth Visnaw Memorial Endowment Scholarship is a $500 scholarship given to a student who has attended Cedarville High School wishing to extend their post high school educational opportunities.