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Message-ID: <55cfa7e0-13ce-4f33-90f6-97c86258c1a2@aol.com>
Date: Thu, 22 Feb 2024 13:22:38 -0800
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Subject: Re: Andrews scholarship
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To: DAP AERO <craig@dapaero.com>
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 <4A8D8EAB-EA5A-4B46-8FC7-D2681BC551C7@dapaero.com>
From: Curtis Andrews <andrewscc@aol.com>
In-Reply-To: <4A8D8EAB-EA5A-4B46-8FC7-D2681BC551C7@dapaero.com>
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we would go year by year now, and work out the endowment details in the 
estate process.

On 2/22/24 11:54, DAP AERO wrote:
> So if the market return is higher than the 4% + 1%, does that go back 
> into the endowment?
>
>> On Feb 22, 2024, at 11:21 AM, Curtis Andrews <andrewscc@aol.com> wrote:
>>
>> ﻿
>>
>> 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 AM, Curtis Andrews <andrewscc@aol.com> wrote:
>>>>
>>>> ﻿
>>>>
>>>> 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.
>>>>
>>>>
>>>>
>>>> -- 
>>>> Thank You
>>>>
>>>> Curtis Andrews
>>>> 1336 E Oak St.
>>>> Othello WA 99344
>>>> andrewscc@aol.com
>>>> 509 346 8108
>> -- 
>> Thank You
>>
>> Curtis Andrews
>> 1336 E Oak St.
>> Othello WA 99344
>> andrewscc@aol.com
>> 509 346 8108

-- 
Thank You

Curtis Andrews
1336 E Oak St.
Othello WA 99344
andrewscc@aol.com
509 346 8108

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    <p><font face="Times New Roman, Times, serif">we would go year by
        year now, and work out the endowment details in the estate
        process. </font><br>
    </p>
    <div class="moz-cite-prefix">On 2/22/24 11:54, DAP AERO wrote:<br>
    </div>
    <blockquote type="cite"
      cite="mid:4A8D8EAB-EA5A-4B46-8FC7-D2681BC551C7@dapaero.com">
      <meta http-equiv="content-type" content="text/html; charset=UTF-8">
      <div dir="ltr">So if the market return is higher than the 4% + 1%,
        does that go back into the endowment?</div>
      <div dir="ltr"><br>
        <blockquote type="cite">On Feb 22, 2024, at 11:21 AM, Curtis
          Andrews <a class="moz-txt-link-rfc2396E" href="mailto:andrewscc@aol.com">&lt;andrewscc@aol.com&gt;</a> wrote:<br>
          <br>
        </blockquote>
      </div>
      <blockquote type="cite">
        <div dir="ltr">﻿
          <meta http-equiv="Content-Type"
            content="text/html; charset=UTF-8">
          <p><font face="Times New Roman, Times, serif">1% management
              fee and they pay out 4% </font><br>
          </p>
          <div class="moz-cite-prefix">On 2/22/24 10:35, DAP AERO wrote:<br>
          </div>
          <blockquote type="cite"
            cite="mid:C743EC52-4715-43A2-86ED-398124A04979@dapaero.com">
            <meta http-equiv="content-type"
              content="text/html; charset=UTF-8">
            <div dir="ltr">What will be the annual scholarship when
              fully funded and perpetual?</div>
            <div dir="ltr"><br>
              <blockquote type="cite">On Feb 22, 2024, at 9:51 AM,
                Curtis Andrews <a class="moz-txt-link-rfc2396E"
                  href="mailto:andrewscc@aol.com" moz-do-not-send="true">&lt;andrewscc@aol.com&gt;</a>
                wrote:<br>
                <br>
              </blockquote>
            </div>
            <blockquote type="cite">
              <div dir="ltr">﻿
                <meta http-equiv="content-type"
                  content="text/html; charset=UTF-8">
                <p><font face="Times New Roman, Times, serif">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.  <br>
                  </font></p>
                <p><font face="Times New Roman, Times, serif">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. <br>
                  </font></p>
                <p><font face="Times New Roman, Times, serif">we fund it
                    each year until estate puts in an endowment fund of
                    about $250,000 to make it perpetual. <br>
                  </font></p>
                <p><font face="Times New Roman, Times, serif"><br>
                  </font></p>
                <p><font face="Times New Roman, Times, serif"><br>
                  </font></p>
                <pre class="moz-signature" cols="72">-- 
Thank You

Curtis Andrews
1336 E Oak St. 
Othello WA 99344
<a class="moz-txt-link-abbreviated moz-txt-link-freetext"
                href="mailto:andrewscc@aol.com" moz-do-not-send="true">andrewscc@aol.com</a>
509 346 8108</pre>
              </div>
            </blockquote>
          </blockquote>
          <pre class="moz-signature" cols="72">-- 
Thank You

Curtis Andrews
1336 E Oak St. 
Othello WA 99344
<a class="moz-txt-link-abbreviated moz-txt-link-freetext"
          href="mailto:andrewscc@aol.com" moz-do-not-send="true">andrewscc@aol.com</a>
509 346 8108</pre>
        </div>
      </blockquote>
    </blockquote>
    <pre class="moz-signature" cols="72">-- 
Thank You

Curtis Andrews
1336 E Oak St. 
Othello WA 99344
<a class="moz-txt-link-abbreviated" href="mailto:andrewscc@aol.com">andrewscc@aol.com</a>
509 346 8108</pre>
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