Donate to the Norse Fund
Mail a Check
Your check can be made out to “Westby Norse Fund” and mailed to:
Westby Norse Fund, P.O. Box 45, Westby, Wisconsin 54667
You can include a note or message to designate or dedicate your donation in memory or in honor of someone.
Westby Norse Fund, P.O. Box 45, Westby, Wisconsin 54667
You can include a note or message to designate or dedicate your donation in memory or in honor of someone.
There are Four Different Ways to
Contribute to the Norse Fund
UNRESTRICTED CONTRIBUTIONS
Most of our funds are received by donations made by friends of the Norse Fund with no restrictions made on how their contribution is to be used. This type of donation allows the Board to use the monies received in any way that benefits the Norse Fund.
TIME-RESTRICTED CONTRIBUTIONS
These types of contributions are a form of restricted funds that the donor wants the Norse Fund to hold and award over time. Time-restricted contributions have to be at a minimum of $1,000 but can be for larger amounts. The Board holds these funds and awards a minimum of $500 each year to one or more students.
FLOW-THROUGH CONTRIBUTIONS
Flow-through contributions are funds that are $500 or more than the donor wants to be awarded to one or more students. These types of contributions have to be communicated to the Board by March 1st and funds have to be received by May 1st, to be awarded at the Spring Award Presentation. Minimum amounts are generally $500, but other amounts may be considered.
PERMANENTLY RESTRICTED CONTRIBUTIONS
Permanently restricted contributions are also called endowed contributions. This is where a donor contributes a larger sum of monies that is invested to yield an amount that is annually awarded to one or more students.
From time to time, the policies on permanently restricted minimum contributions and yields have changed. This policy changes as investment yield changes, but once the Board accepts a sum of monies and sets a yield rate, that obligation (scholarship) does not change. Presently, the minimum permanently restricted contribution is $12,500 at a yield of approximately 4 percent which equals a minimum award of $500 to a student.
Most of our funds are received by donations made by friends of the Norse Fund with no restrictions made on how their contribution is to be used. This type of donation allows the Board to use the monies received in any way that benefits the Norse Fund.
TIME-RESTRICTED CONTRIBUTIONS
These types of contributions are a form of restricted funds that the donor wants the Norse Fund to hold and award over time. Time-restricted contributions have to be at a minimum of $1,000 but can be for larger amounts. The Board holds these funds and awards a minimum of $500 each year to one or more students.
FLOW-THROUGH CONTRIBUTIONS
Flow-through contributions are funds that are $500 or more than the donor wants to be awarded to one or more students. These types of contributions have to be communicated to the Board by March 1st and funds have to be received by May 1st, to be awarded at the Spring Award Presentation. Minimum amounts are generally $500, but other amounts may be considered.
PERMANENTLY RESTRICTED CONTRIBUTIONS
Permanently restricted contributions are also called endowed contributions. This is where a donor contributes a larger sum of monies that is invested to yield an amount that is annually awarded to one or more students.
From time to time, the policies on permanently restricted minimum contributions and yields have changed. This policy changes as investment yield changes, but once the Board accepts a sum of monies and sets a yield rate, that obligation (scholarship) does not change. Presently, the minimum permanently restricted contribution is $12,500 at a yield of approximately 4 percent which equals a minimum award of $500 to a student.
Major Donors
We appreciate the support our donors bring to the Norse Fund and the community.
Create Your Own Norse Fund Scholarship
Use this form below to establish your own Norse Fund scholarship.
Simply print this form and complete the application.
Forms can be sent to:
Westby Norse Fund P.O. Box 45 Westby, Wisconsin 54667.
Simply print this form and complete the application.
Forms can be sent to:
Westby Norse Fund P.O. Box 45 Westby, Wisconsin 54667.