20.1 Names
20.1.1 The name of the fund shall be “The Kansas Water Environment Association Scholarship Fund”. A standing committee of the Kansas Water Environment Association shall provide guidance and governance and shall be named the “Kansas Water Environment Scholarship Fund Committee”.
20.2 Term
20.2.1 The Scholarship Fund is intended to be perpetuated through the establishment of an Endowment Fund through donations and/or fund raising events. In the event the Scholarship Fund or its governing committee is dissolved, accumulated funds will revert to the KWEA general fund to be utilized toward the stated objectives of the KWEA.
20.3 Objectives
20.3.1 The objectives of the KWEA Scholarship Fund is to encourage the making of – and the receipt of – gifts, benefactions and other donations by deed, will, direct gift, or otherwise, to establish and maintain scholarships to be awarded to students enrolled in an accredited college, university, or vocational/technical school within the State of Kansas, who have the general intent of entering career fields associated with the water environment and the goals and objectives of the KWEA. It is a further objective that two classes of scholarship be established. These are: Academic and Technical. Qualifications and criteria for both scholarship classes shall be developed and published to the membership.