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News: NC Safewater Endowment Fund

NC Safewater Endowment Fund Update

Wednesday, June 14, 2017  
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Originally published in the Spring 2017 issue of NC Currents magazine.

How the NC Safewater Fund Works

The NC Safewater Fund is an endowment comprised of donations made to a funding pool with the intent that the original value of the donations (the principal) will be invested and never spent, and a portion of the investment earnings (the distribution) will be used to fund the mission of the endowment, in the case of the NC Safewater Fund, awarding scholarships and grants for water/ wastewater education.

The NC Safewater Fund is comprised of one general and several “Named Funds”. All the funds are used to award scholarships and grants, but the “Named Funds” have additional qualifications that must be met before an award is made. The NC Safewater Fund allows donors to make donations to the general endowment fund or to a specific restricted fund.

Scholarships and Grants

Scholarships are available for community college and university students at the undergraduate and graduate levels, as well as for educators at the elementary, middle, and high school levels.

This year we are excited to announce our first scholarship for operators – the AWWA Operator Scholarship! Operators Scholarship awards can be used for certification/licensure, two-year water related associate degree, technical school program, professional training program, books and manuals, and operator related conferences.

To learn more about all of our scholarship opportunities, see ncsafewater.site-ym.com/Scholarships and download our 2017 Overview of Scholarships.

Make a Donation

Anyone can donate. All donations are helpful. The current donation form is available on the Scholarship or NC Safewater Endowment Fund page of www.ncsafewater.org. You may also contact NC AWWA-WEA staff at 919-784-9030 to have a donation form sent to you.

Both NC AWWA and NC WEA (commonly referred to as NC AWWA-WEA) are 501(c)(3) non-profit corporations; therefore donations made to the NC Safewater Fund are fully tax deductible. Consult your tax professional.

Into the Future…

Who Will Replace You When You Retire? Baby-boomers are retiring at a quick pace, and there is an unmet need to grow the ranks of the water and wastewater professionals who will follow in their footsteps.

Since 1923 NC AWWA-WEA has been a leading force in the field of water and wastewater education through the seminars, schools, and conferences conducted by our volunteers. The work of NC AWWA-WEA serves to support and train our existing workforce, but sustaining the water/ wastewater profession in North Carolina also requires the cultivation and development of future generations of water/ wastewater professionals.

NC AWWA-WEA’s Solution – the NC Safewater Endowment Fund

In September 2009, the NC AWWA-WEA Board of Trustees established the NC Safewater Endowment Program for the purpose of promoting safe water, increasing knowledge and understanding of safe water, and preserving and enhancing the water environment. Since the inception of the Endowment Program, the Endowment Committee and other volunteers have worked diligently to solicit donations to fund it. As a result of these efforts, the NC Safewater Endowment Program plans to award a total of $14,000 in scholarships and grants in 2017.

You Can Help!

Make a donation, of any amount, to the NC Safewater Endowment Fund. Intangible benefits of your donation include personal satisfaction in knowing that your contribution will make a difference in the lives of students as they are awarded scholarships to assist them in pursuing a degree that will qualify them to be a water/wastewater professional, and thereby help to maintain a well-educated workforce into the future. Grants awarded to teachers will enable them to teach future generations of students more about the water environment and its importance in sustaining a good quality of life for existing and future generations. Spread the word about available scholarships to anyone that may be considering a career in a water/wastewater, environmental, or engineering field.

Donors Make These Stories Possible

While many of our funds were started by substantial corporate or individual gifts, when combined with existing funds and other donations, contributions of any size can have an impact. If every NC AWWA-WEA member donated $3 per month – the cost of a couple movie rentals, some coffee, a vending machine visit – that would be $100,800 per year! 

 



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