Repository: UIHistories Project: Board of Trustees Minutes - 1946 [PAGE 980]

EXTRACTED TEXT FROM PAGE:

1946]

UNIVERSITY OF ILLINOIS

973

In order that the Department of Illinois may continue to wage further, its warfare on behalf of the cause for which almost 400,000 Americans have fallen in W o r l d W a r I and II, I would like to establish with this $1,000, a scholarship at the University of Illinois in the name of the Department of Illinois, American Legion, to be given in four installments of $250 each year for the needy and deserving war orphan, regardless of race, creed or color, who best shows early in life, signs of aptitude and ability to use his education, his zeal and loyal devotion, toward the perpetuation of the principles of Justice, Freedom and Democracy. T h e University shall be the sole judge. I trust you will accept this offer. Sincerely yours,

ELLIODOR M. LIBONATI

This offer was referred to the President of the University for study, and I submit my report herewith. I have been in correspondence with Mr. Libonati, first, to congratulate him on the Rosenstiel Award and to express appreciation of his generosity in offering the $1,000 prize to the University to establish a scholarship; and second, to secure clarification of certain questions about the conditions under which the scholarship shall be awarded. Through correspondence he has authorized the following statement of conditions: 1. T h e scholarship shall be awarded to a needy and deserving war orphan regardless of race, creed, or color, who has demonstrated early in life signs of aptitude and ability to use his education toward perpetuation of the principles of justice, freedom, and democracy. 2. If the original recipient of this scholarship fails to continue his education, or if his scholastic record does not justify his holding the scholarship, the same may be transferred to another war orphan who qualifies under the conditions stipulated herein. 3. T h e term "war orphan" shall mean one whose father or mother lost his or her life while serving in the armed forces during World W a r I or World W a r I I . T h e definition will also include one whose father of mother served in the armed forces during World W a r I or World W a r II but whose death occurred after the period of such service had terminated. 4. T h e scholarship shall be payable in four annual installments of $250 each. 5. If the scholarship is held by one candidate it shall be paid in annual installments of $250 each. If there are.several qualified and worthy candidates for this scholarship the University may divide it among two or more individuals. 6. T h e University may require candidates to undergo a formal examination as the final test. 7. T h e award shall be administered by the standing Committee on Special Undergraduate Scholarships. I recommend that the Board of Trustees accept Mr. Libonati's generous offer and authorize the award of the scholarship in accordance with the conditions enumerated above. These are acceptable to Mr. Libonati.

On motion of Mrs. Grigsby, this scholarship was accepted and authorized as recommended, and the Secretary was instructed to send Mr. Libonati an expression of the appreciation of the Board of Mr. Libonati's generosity and fine public spirit in making this gift.

REVISED BUDGET FOR UNIVERSITY OF ILLINOIS FOUNDATION (8) In the internal budget for 1945-1946 (adopted August 29, 1045, Page 681), a lump sum appropriation of $14,628 was made to the University of Illinois Foundation with the indication that it would be supplemented by the Foundation's own income to the estimated extent of $4,500. It was further indicated that the University appropriation might be used for services of a Director and other expenses "to the extent necessary for these purposes."