Contributions & Memorials

The KING-CHATMAN-CHERRY MEMORIAL SCHOLARSHIP FUND, INC. was established to serve as the primary recipient of gifts by generous grants, family members and friends, and/or their heirs as a memorial for their loved ones who wish to leave monies to assist students in their higher education. The program exists to assist financially those qualified individuals seeking to attend an accredited college or university and technical institution of higher learning and development. "Need" has to be proven to the Officers of the Scholarship Fund Committee and Board of Directors of the Scholarship Fund.

Notwithstanding any other provisions of these articles, the corporation will not carry on any other activities not permitted to be carried on by a corporation exempt from Federal Income Tax as defined in Section 501(e)(3) of the Internal Revenue Code.