Wednesday, May 13, 2009

Matanuska Masonic Foundation

This evening, I had the honor and privilege of representing my mother lodge (Matanuska No. 7) during the academic awards night at Wasilla High School. It was my honor to present a check from the Matanuska Masonic Foundation to a deserving Wasilla High senior.

In the late 1990’s, Matanuska Lodge was given a small endowment, which they invested. In 2004, the they created the Matanuska Masonic Foundation as a 501 (c) 3 corporation whose purpose is to provide scholarships to Matanuska-Susitna Valley High School Seniors who intend to continue their education in the State of Alaska. There are no overhead expenses for the Matanuska Masonic Foundation, so 100% of anyone’s tax deductible donation goes entirely toward building the endowment. The money for the scholarships is taken from the earnings and not the principle, allowing the endowment to continue to grow. Since 2005, the Foundation has donated $14,500 in scholarships.

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