The class of 1962 enjoyed a 50-year reunion during Memorial Day Weekend in Peabody. During their stay, they made a donation to the Peabody Community Foundation with the caveat that the money be used for educational purposes.
Foundation board member, Lynn Berns noted that while the money went into an endowed unrestrictive fund, the foundation has given scholarships and funds toward new technology, after-school programs, and safety programs in the past.
“We also have given grants to Peabody Township Library for summer reading programs and to the HUB youth center,” Berns said. “In all of these grants, it is the interest that is used, rather than the principal. The principal is a perpetual gift!”
By putting the donation into the unrestricted Impact Fund, it met the requirements to receive matching funds from the Kansas Health Foundation.
“We appreciate the members of the class of 1962 who made it part of their reunion to give back to Peabody,” Berns said. “It is wonderful to have alumni who are generous with their hometown.”
For more information on the Peabody Community Foundation, contact Berns at (316) 215-1864.