Citizens'
Scholarship Foundation of Marblehead
(CSFM)
CSFM
was founded in 1987 by a group of
concerned citizens and members of
the Marblehead High School faculty
and administration. The essential
motivating factor was the limited
availability of scholarship funding
for students within the local community.
CSFM’s purpose
is to raise scholarship funding
through current giving and the establishment
and maintenance of a permanent endowment.
Award selection is accomplished
through an Awards Committee comprised
of members of the Board of Directors
and coordinated with the High School
awards process. Scholarship grants
range from $1,500 to $7,000 and
are awarded to high school seniors,
advanced standing students and continuing
education candidates. CSFM also
provides award candidates for other
scholarship funds not under its
direct control. The award history
is as follows:
|
| Year |
Amount |
Number
of Awards |
Year |
Amount |
Number
of
Awards |
| 1988 |
$
28,000 |
10 |
2000 |
$124,000 |
43
|
| 1989 |
$
41,000 |
16 |
2001 |
$132,000 |
50 |
| 1990 |
$
60,000 |
24 |
2002 |
$120,000 |
51 |
| 1991 |
$65,000 |
30 |
2003 |
$105,000 |
50 |
| 1992 |
$60,000 |
30 |
2004 |
$120,000 |
60 |
| 1993 |
$65,000 |
27 |
2005 |
$130,000 |
65 |
| 1994 |
$78,000 |
32 |
2006 |
$125,000 |
65 |
| 1995 |
$80,000 |
36 |
2007 |
$131,500 |
67 |
| 1996 |
$83,000 |
36 |
2008 |
$139,000 |
72 |
| 1997 |
$87,000 |
36 |
2009 |
$140,000 |
75 |
| 1998 |
$98,000 |
33 |
2010 |
$128,500 |
58 |
| 1999 |
$107,000 |
41 |
|
|
|
| Totals:
$2,247,000 awarded to 1007 individual
awards |
| |
|
