Scholarship fund is over and above Kiwanis donations

To the editor:

I want to thank your for the Dec. 22 editorial about the Kiwanis Club and Cherokee Park.

The editorial covered the basics very well, but I would like to point out that the budgeted $70,000 does not include our Scholarship Foundation, which is funded from excess profit over and above the budget. In 2000 we presented 27 $1,000 scholarships. Due to the economy and interest earned, we only had 13 scholarships last year. Scholarships are based on the money earned from the Scholarship Foundation.

There are more than 50 worthy charities that usually receive money each year from our club.

Thank you very much. It is greatly appreciated.

RALPH STROUD

Secretary

Kiwanis Club of Cape Girardeau

Cape Girardeau