General Assembly of the Presbyterian Church (U.S.A.)
Ruth E. Platt Memorial Scholarship Fund
Beneficiary location:
Louisville, KY
Account number: 203100057652
Designated Use
to be used for the first ten years after receipt of the bequest for third and/or fourth year college or university (commonly known as junior or senior years) student scholarship aid. The maximum scholarship shall be $2,000 for any one school year, and shall be based on need and shall be given to a black pre-medical student, with preference given to a woman. A recipient who receives this scholarship during her or his third year (junior) shall be eligible to re-apply for her or his fourth year. In the event that this bequest shall earn during one school year, less than $2,000.00, principal may be used, as long as the fund lasts, to assure a $2,000.00 scholarship. In the event that this bequest shall earn more than $2,000.00 in any one school year, the excess of income only shall be used to provide one or more additional full or partial scholarships, subject to a $2,000.00 limit per scholarship per school year. After ten years (beginning May 2001), the income from this bequest shall be used at the discretion of General Assembly, with preferential consideration being given to the original intent of the bequest (pre-medical education of black women) if it is determined by the Church that this is a mission of priority.
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