Northeast Catholic Alumni Memorial Scholarship Fund, Inc.

The Fund was founded on April 30, 1968, by then Alumni Association President Leonard F. Knobbs, '53, to award tuition assistance grants to graduating seniors from NECHS to attend Allentown College of St. Francis deSales (now deSales University). The Fund was granted Articles of Incorporation by Common Pleas Judge Edward J. Griffiths on January 22, 1969. On February 13, the IRS granted the Fund tax exempt status as a charitable organization. The Fund is administered by a Board of Trustees consisting of all past presidents of Northeast Catholic Alumni Association, Inc.

In 1973, the Board of Trustees expanded the number of colleges to also include LaSalle, St. Joseph's, Villanova, and St. Charles Borromeo Seminary.

A major change was enacted in 1977 when the Trustees established grants to be awarded to the son/daughter of a dues paying alumnus to attend one of the approved colleges and a grant was established to partially underwrite the tuition of a Freshmen entering Northeast Catholic High School.

Over the years, the number of tuition assistance grants and their annual value was increased until in 1992 the Fund was awarding $106,000 annually to four college students and twenty-one Northeast Catholic students. Faced with the threatened closure of Northeast Catholic, the Board of Trustees responded by suspending future college grants and increasing the number of tuition assistance grants awarded to incoming Freshmen at NECHS to 57 with an annual value of $165,000.

Commencing with the grants awarded to incoming Freshmen in September, 2004, the Fund awards 40 tuition assistance grants with an annual value of $225,000 as follows: five at $10,000: five at $8,000: five at $6,000: five at $5,000; and twenty at $4,000.

The grants are payable over four years in equal semi-annual installments directly to Northeast Catholic on the students' behalf.

Since its inception, the Fund has expended in excess of $2.7 million in helping young men and women further their Catholic education. The bulk of this, $2.3 million has gone to underwrite tuition for students at Northeast Catholic High School.

Tax deductible donations may be sent to the Fund at P. 0. Box 4896, Philadelphia, PA 19124-0896.

Save Northeast Catholic Fund, Inc.

Save Northeast Catholic Fund was originally conceived in 1989 and operated as a Fund within the Alumni Association governed by a committee appointed by the President.

The purpose of the Fund is to assist the school in underwriting any deficit in the external budget of the school and/or to provide funds for the educational enhancement of the students. It was incorporated in 1993 and received tax exempt charitable status from the IRS the same year. The Fund is governed by a nine member Board of Directors elected by the Board of Governors of the Alumni Association.

Over the years, the Fund has donated over $700,000 to Northeast Catholic High School. This year, the Fund has committed to underwriting a payment of $100,000 to the Archdiocese of Philadelphia on behalf of NECHS.

Tax deductible contributions to Save Northeast Catholic Fund, Inc. may be sent to P. 0. Box 4896, Philadelphia, PA 19124-0896.