ZajednicÌŒar = Fraternalist. [volume] (Allegheny, Pa.) 1894-current, 1959-04-01

Scholarship Foundation Directors In
First Report To Supreme Board Members
Interim Report To Board Stresses Part
Society Is Playing In New Undertaking
To: Supreme Board of Directors of the
CrOatan Fraternal Union of America
The Board of Directors the Croatian Fraterna Union
Scholarship Foundation Inc pleased to give you this in
term report the financial status and future progress of
the Foundation.
The Directors would like to express their sincere thanks
and appreciation to the Supreme Board of the Croatan
Faternal Union of America for their very support
attitude and interest which they gave to the principles and
objectiyes of the Foundation.
The youth Croatian Fraternal Union America
who will benefit from this Foundation in turn also show
debt the Croatan Fraterna Union America and
particularly the present Directors and Administrators of
the Croatan Fraterna Union for coming to the realization
that the future of society lies the continued webeng
and education of its citizens.
The Directors have attached herewith a Statement
of Receipts and Disbursements showing receipts and dis
June r. 1858 to date The total receipts are s1so5s4s
received to date. The only monies dsbursed for
twenty Scholarships - $4,000 each.
The Directors pleased to report and also wish to
thank the Croatan Fraeal Union of America for absorb
ing the printing and stationery costs of the Foundation The
Directors especially their thanks to the Editors
the official publication of the Croaan Fraterna Union of
America - the "Zajednicar"
The balance on hand as of March g. 1852 shows sum
Of $8,053.49.
June 80, 1859, Scholarship Application Deadline
The Directors of the Foundation planning to
ceve scholarship applications ending June 80 and will make
the 1859 Scholarship Awards payable time in August
which Immediately precedes the September sessions of the
various colleges and universities in the United States and
Canada.
The Foundation Directors also taking under advise
feasibility of student loan program We pre-
pairing brochures and informative pamphlets relating
methods of scholarship assistance which will be mailed to
applicants request.
nrL-
gestons and ideas from society members and honorary
directors from all the United States regarding the
Foundation Many of these suggestions and ideas will be
incorporated into future Acts of the Foundation.
indeed heartening realize the fact that the spirit
and object of the Foundation has touched the hearts of thou
sands of members of the Croaan Fratenal Union of Amer
Not One Cent For Fees Salaries Or Expenses
Noteworthy too is the fact that date cent
of the funds received from payable to the Foun
don has been used for the payment of fees salaries
expenses. ta
However, in time, the Directors foresee that the
Foundation itself will become large that will need
of the Foundation. Meanwhile during it's relative
infancy the Directors feel that they themselves will
tribute their time and efforts until such time the
expenses can be self sustaining.
Accordingly, and by Of the fact that the Con-
venton of the Croatian Fraternal Union of America will
be held in September 1859 and for the additional
that would be wise gesture the part of the Supreme
Board of the Croaan Fraternal Union of America to
proprate annual 1859 donation advance of the begin
ming September Term of various colleges and schools the
Directors Of the Croatan Fraternal Union Scholarship
Foundation Inc will greatly appreciate and humbly
quest the Croatan Fatena Union to make it's annual
1859 appropriation for scholarship awards this March
sion of the Supreme Board.
The Board of Directors stands willing to answer any
and all questions which you may have concerning it's oper
alton and the like.
Respectfully submitted,
BOARD OF DIRECTORS OF THE
CROATIAN FRATERNAL UNION
SCHOLARSHIP FOUNDATION, INC
A. E. TOMASIC, President
EDWARD B. SERvOv Executive Secretary
G. f. U. SCHOLARSHIP FOUNDATION, INC
Statement of March g. 1859
RECEIPTS