Scholarship Foundation of Northshore Information

The Northshore Scholarship Foundation was established in 1984 with the purpose of preserving the assets of several small memorials and to build a program of community support for assistance to graduating seniors living in and/or attending Northshore School District high schools. Today the Foundation has 56 accounts with more on the horizon. Assets total more than $1.3 million dollars. It began with the accumulation of $5,661 held in funds for the four scholarship memorials. There was concern these funds would be exhausted once the money was distributed for scholarships. This very concern led to the formation of the Northshore Scholarship Foundation by leaders of the Northshore Rotary Club. With scholarships distributed in the spring of 2014, the Foundation has distributed $2,293,870 to 1,631 scholarship recipients -- all the while maintaining the asset base during periods of most interesting and varying degrees of economic volatility. The Foundation is managed by a Board of Trustees consisting of members of the Northshore Rotary Club, Kiwanis Club of Northshore, the Woodinville Rotary Club and members selected from the community at large. The clubs play an active role in interviewing scholarship candidates. Each club provides scholarships funded from club operating budgets.