Hubbard Alumni Foundation Moves to YSU Foundation
HUBBARD, Ohio — The Hubbard High School Alumni Association Foundation has agreed to move its $175,000 endowment to the YSU Foundation, which will manage the fund, acknowledge future gifts and distribute funds on behalf of the foundation.
The mission of the fund remains to support graduates of Hubbard High School in their pursuit of postsecondary education. Scholarships recipients may attend any college or vocational school of their choice.
“We are so thankful to have joined with the YSU Foundation to perpetuate the desires of the founding members of the Hubbard High School Alumni Association to provide scholarship assistance to worthy Hubbard High School graduates. The strength of the YSU Foundation will assure us their purpose will continue for many future generations,” said Dennis C. Robb, vice president of the HHSAA Foundation.
The Hubbard High School Alumni Association was founded more than 30 years ago with the goal to provide worthy graduates financial assistance to further their education, whether it was on the college level or at vocational and trade schools.
During the first few years, the scholarships were in the $150 to $200 range before growing to three $2,000 scholarships this past year. The scholarships are awarded on an annual basis.
By merging with the YSU Foundation, whose funds are in excess of $300 million, the association’s investments will grow exponentially to be able to award more and higher scholarships, officials said.
Contributions can be made to the Hubbard High School Alumni Foundation, a 501 (c) 3 corporation, P.O. Box 285, Hubbard, Ohio 44425.
Pictured at top: Members of the Hubbard High School Alumni Association Foundation and YSU Foundation meet after agreeing to a $175,000 endowment. From left: Andrew Zajac, YSU Foundation development officer; Joe Carano, association board member; Denny Robb, association vice president; Amber DeJulio, treasurer of Hubbard Schools and the association; Jim Kerrigan, association board member; and Brian Nord, YSU Foundation development officer.
Published by The Business Journal, Youngstown, Ohio.