This Agreement is made by and between Paul M. and Elizabeth M. Kling (hereinafter "Donors") and the Northern Illinois University Foundation (hereinafter "Foundation"). As of this date, the Foundation has received gifts totaling $6,000.00 for use in establishing a named, expendable fund (hereinafter "Fund").
This Fund will be known as the:
Paul and Elizabeth Kling Expendable Scholarship Fund
It is established by the Donors to provide scholarship support for two secondary education students in the College of Liberal Arts and Sciences at Northern Illinois University.
Paul and Elizabeth were inspired to give because they place a strong value on education and believe it is a key element to succeeding in life. They have had many people show kindness towards them in their lives, and feel that it is important to give back and invest in others.
Paul and Elizabeth decided to create a scholarship at NIU because Paul is an alumnus of the College of Engineering and Engineering Technology. The field of education was chosen for this scholarship because they have seen from their own experiences that teachers can have a profound impact. The Donors are convinced teachers are instrumental in shaping lives and ultimately the future.
As Paul and Elizabeth have seen children today faced with so many tough decisions, they decided to invest in educating our future teachers who will affect the lives of countless children. They believe that if they can help just one child choose a better path through the influence of a teacher, they are helping to create a better nation.
Scholarship Criteria and Selection
To the fullest extent allowable under current applicable law, the process and preferred criteria for the selection of scholarship recipients are as follows: