February 2008 TCEF Announces 3 New Endowed Funds
February 2008
Foundation Announces 3 New Funds
The Board of Directors of the Tucker Community Endowment Foundation is pleased to announce the opening of three new Endowed Funds: the Doug & Betty Preble Scholarship Fund, The Joyce Colbert Veterinary Scholarship Fund and the Billie G. Armstrong Fund of TCEF. The Foundation currently manages over 70 Endowed Funds, all of which serve as the funding source for annual grant and scholarship awards.
The Preble Scholarship Fund, established by Doug and Betty Preble of Canaan Valley, will provide annual financial assistance to a graduate of Tucker County High School who plans to attend college. Preference is given, but not limited to, any student pursing a degree in geology. The Pebbles are “happy to assist graduating seniors of TCHS that plan to attend college.” 30 year residents of Tucker County, Doug and Betty Preble have been very active in a variety of community activities. The fund is fully established and will begin awarding scholarships after it has had sufficient time to produce income.
The Joyce Colbert Veterinary Scholarship Fund of TCEF was recently initiated by her brother Rev. Paul Colbert and family friend, Dr. David Moran. The Colbert Scholarship Fund honors the career and career contributions of the late Dr. Joyce Colbert, DMV, a longtime resident of Deer Park, MD who passed away November 7, 2007. Dr. Colbert was born March 27, 1959 in Louisville, KY.
Dave Moran, of Eglon, describes the late Dr. Colbert as a “veterinarian dedicated to the livestock of many farmers and ranchers of Garrett County, MD and Preston County, WV”. The fund is intended to serve rural veterinary resources through promotion of production-animal veterinary education. Once the Colbert Fund is fully established, scholarships will be available for students from Tucker and Preston Counties, WV and from Garrett County, MD that are majoring in animal sciences and/or biology and plan to follow a career in Rural Veterinary Medicine.
The Billie G. Armstrong Fund of TCEF has been initiated by Jim & Priscilla Flanagan of St. George, WV with donations from family members, to honor the memory of the late Billie Armstrong. Mr. Armstrong was born in Missouri, attended schools in California, graduated as a Naval Aviator from the Naval Air Station in Corpus Christi, Texas and was eventually stationed at Langley Field in Virginia. There he met and married Gloria Nestor from St. George, WV. The couple never had any children.
After retirement, Billie and his wife returned to WV. According to his niece Priscilla, in his later years he gathered up his silver coins that he had collected over the years along with his grandfather’s pocket watch and instructed Priscilla to use the proceeds of the sale of those items for the local Pregnancy Care Center, a local service Priscilla made him aware of. Once established, The Armstrong Fund will provide funding for the Central WV Center for Pregnancy Care in Tucker County.
Endowed Funds of TCEF are considered initiated when the initial deposit is made. Funds have 5 years to meet the minimum fund requirement, at which time they become established. Once established, endowed funds begin to award grants or scholarships annually.
Endowed Funds of TCEF enable donors to name the fund and the distribution criteria. Contact the Foundation office or visit our web site at www.tuckerfoundation.net for more information on how to start an Endowed Fund.
Any one wishing to contribute to the Preble Scholarship Fund, the Joyce Colbert Scholarship Fund, the Billie Armstrong Fund, or any fund of TCEF can do so by contacting the TCEF office at 478-2930, or by mailing a contribution to TCEF, PO Box 491, Parsons, WV
The Tucker Community Endowment Foundation serves a six county region that includes Barbour, Grant, Preston, Pocahontas, Randolph and Tucker counties.
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