L.S. Wood Trust activities go further than reported | PostIndependent.com
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L.S. Wood Trust activities go further than reported

Dear Editor,

Thank you for covering the Aug. 22 retirement banquet for Nick Massaro. Having Carrie Click and Jim Noelker on hand helped underscore the contributions Nick has made in conjunction with the L.S. Wood Charitable Trust and through his career in education.

Although retired from the trust, Nick continues to work in the interest of public education near his Battlement Mesa home. Because future applicants for educational assistance may benefit from amplification, please allow me to clarify the trust’s activities.



Currently, the trust gives merit-based scholarships of $5,000 per year, renewable for four years. The scholarship primarily recognizes academic excellence, and recipients are recommended by committees within area schools.

While the trust also gives loans, as Carrie Click’s article noted, loans should not be confused with grants. L.S. Wood grants are need-based gifts and are not to be repaid. They are given primarily to students from this area in amounts from $1,000 to $5,000 per year, renewable for up to four years, depending on circumstances.



The trust’s loan program currently requires repayments at 5 percent interest commencing after an educational program is complete.

In a fourth program, trustees give annual cash awards to L.S. Wood Teachers of the Year from both Re-1 and Re-2 schools.

Lastly, a separate grant program assists CMC veterinary tech students during their second-year externships.

One significant distinction is that people apply for grants and loans, but not for L.S. Wood scholarships. Perhaps this will clear up some common and understandable confusion. For more information, I suggest readers e-mail my office at lsw@sopris.net.

Sincerely,

Don Parkison, Administrator

L.S. Wood Charitable Trust

Glenwood Springs


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