Return-Path: Delivered-To: craig@dapaero.com Received: from gator4254.hostgator.com by gator4254.hostgator.com with LMTP id 2EcUEm6m12WTIgsAcizydQ (envelope-from ) for ; Thu, 22 Feb 2024 13:54:22 -0600 Return-path: Envelope-to: craig@dapaero.com Delivery-date: Thu, 22 Feb 2024 13:54:22 -0600 Received: from mobile-166-176-187-189.mycingular.net ([166.176.187.189]:53785 helo=smtpclient.apple) by gator4254.hostgator.com with esmtps (TLS1.2) tls TLS_ECDHE_RSA_WITH_AES_256_GCM_SHA384 (Exim 4.96.2) (envelope-from ) id 1rdF9C-003Ngq-0G; Thu, 22 Feb 2024 13:54:22 -0600 Content-Type: multipart/alternative; boundary=Apple-Mail-D5E3D733-8743-402E-A1A0-D23CEA71764C Content-Transfer-Encoding: 7bit From: DAP AERO Mime-Version: 1.0 (1.0) Subject: Re: Andrews scholarship Message-Id: <4A8D8EAB-EA5A-4B46-8FC7-D2681BC551C7@dapaero.com> References: In-Reply-To: To: Curtis Andrews Date: Thu, 22 Feb 2024 11:54:10 -0800 X-Mailer: iPhone Mail (21C66) --Apple-Mail-D5E3D733-8743-402E-A1A0-D23CEA71764C Content-Type: text/html; charset=utf-8 Content-Transfer-Encoding: quoted-printable
So i= f the market return is higher than the 4% + 1%, does that go back into the e= ndowment?

On Feb 22, 202= 4, at 11:21=E2=80=AFAM, Curtis Andrews <andrewscc@aol.com> wrote:
<= br>
=EF=BB=BF =20 =20 =20

1% management fee and they pay out 4%

On 2/22/24 10:35, DAP AERO wrote:
What will be the annual scholarship when fully funded and perpetual?

On Feb 22, 2024, at 9:51=E2=80=AFAM, Curti= s Andrews <andrewscc@aol.com> wrote:

=EF=BB=BF

We need to start the Andrews scholarship this graduation, so we need to decide how much to put in this year to get it going, then we can do the endowment fund and award details later. 

Easiest way is to have Big Bend take care of it.   we write a check= to BBCC for tuition and books, ($5000 or add room and board or transportation for another $3000) and they take care of the rest.

we fund it each year until estate puts in an endowment fund of about $250,000 to make it perpetual. 



--=20
Thank You

Curtis Andrews
1336 E Oak St.=20
Othello WA 99344
andrewscc@aol.com
509 346 8108
--=20
Thank You

Curtis Andrews
1336 E Oak St.=20
Othello WA 99344
andr=
ewscc@aol.com
509 346 8108
=20
= --Apple-Mail-D5E3D733-8743-402E-A1A0-D23CEA71764C--