About the Scholarship Fund

Established

The Town of Weymouth Scholarship Fund was established in 1989 by a Town Meeting vote to accept the provisions of M.G.L. c.60 §3C, allowing municipalities to establish a scholarship fund by designating a place on municipal bills whereby taxpayers may voluntarily contribute to the Scholarship Fund.

Mission

The mission of the Fund is to provide a check-off program or other donation forms on municipal bills for voluntary donations to the Scholarship Fund and to maintain a perpetual trust fund in order to expand the educational opportunities for Weymouth residents regardless of race, color, creed, age or sex pursuing post-secondary education at a college, trade school or other institution deemed accredited by the Scholarship Fund Committee.

Composition of Scholarship Fund Members - Terms

The permanent members of the Scholarship Fund Committee as determined by M.G.L. c.60 §3C are the Superintendent of Schools or her designee and no fewer than four residents of the Town appointed by the Mayor to serve a three-year term.

Meetings - Officers

The Committee shall meet periodically and shall hold an annual meeting each year to elect, from its members, a Chairperson, Vice-Chairperson, Secretary, Treasurer and Assistant Treasurer and any other office deemed necessary by the Committee.

Rules & Regulations

The Committee is governed by its By-Laws, which from time to time may be amended by vote of the Scholarship Fund Committee.

Compensation

No officer, Committee member or employee of the Town shall be entitled to receive compensation from donations made to the Scholarship Fund.