Hillsborough Presbyterian Church

L.E. and Mary Beard Memorial Scholarship Fund

Beneficiary location:

Hillsborough, NC

Account number: 102240005457

Designated Use

The Hillsborough Presbyterian Church of Hillsborough, North Carolina, shall use the income from the L. E. and Mary Beard Memorial Scholarship Fund for college scholarships as outlined below.Scholarship recipient(s) shall be from a member family of the Hillsborough Presbyterian Church as selected by the session and recommended by a guidance counselor of the Orange High School, Hillsborough, North Carolina, or its successors.Should no student(s) from the Hillsborough Presbyterian Church be eligible, then the scholarship shall go to eligible student(s) from other Presbyterian Churches (U.S.A.), as recommended by a guidance counselor of the Orange High School, Hillsborough, North Carolina, or its successors, to the session of the Hillsborough Presbyterian Church.Further, should no student(s) be eligible from those churches mentioned above, then the scholarship recipient(s) shall be recommended to the session of the Hillsborough Presbyterian Church by a guidance counselor of the Orange High School, Hillsborough, North Carolina, or its successors.Should the Orange High School, or its successors cease to exist then the session of the Hillsborough Presbyterian Church shall use the income as its session shall determine.The recipient(s) shall acknowledge the scholarship by a letter to the session of the Hillsborough Presbyterian Church.The Hillsborough Presbyterian Church shall send the scholarship monies directly to the college of the student’s choice.