TITLE
The Mayor and City Council shall discuss and possibly take action to approve the allocation of up to $5,000 in available matching funds to the applicants of the Maricopa Academic Scholarship Match Program from General Fund, Non-Departmental, Technical (10010000-53340). Discussion and Action.
AGENDA ITEM DESCRIPTION
On December 11, 2013, the request for proposal was released for the Maricopa Academic Scholarship Match Program with a deadline of January 30, 2014 at 5:00 p.m.
Organization Eligibility Criteria:
· Must be a 501(c) non-profit organization,
· Must provide existing services or contributions to Maricopa residents, and
· Must provide financial proof indicating ability to match the dollar amount requested by February 28, 2014.
· Additionally, recipients must meet the following scholarship conditions.
· Only students living within Maricopa Unified School District's boundaries are eligible for a scholarship.
· Community service, as defined by the non-profit organization, is required for students to be eligible for a scholarship.
· Scholarship qualifications set forth by the non-profit organizations cannot mandate a program of study.
· Recipient organizations must submit a report to the City detailing how the matched funds were utilized within 6 months of receipt of funds.
Program Applicants:
Two local non-profits have applied to participate in the Maricopa Academic Scholarship Match program, collectively requesting $5,000 in matching funds.
Maricopa Rotary Club
Scholarship Name: Maricopa Rotary Club Scholarship
Amount Requesting: $3,000
Applicant Match: $3,000
Number of Scholarships Seeking to Offer with Matching Funds: 4 Scholarships: 1 for $3,500; 1 for $2,000 each, and 2 for $250 each, totaling $6,000
Scoring: 790 points out of 840
Maricopa Friends of the Public Library
Scholarship Name: Friends of the Library Scholarship
Amount Requesting: $2,000
Applicant Match: $2,000
Number of Scholarships Seeking to Offer with Matching Funds: 2 Scholarships for $2,000 each, totaling $4,000
Scoring: 795 points out of 840
This item will be presented by Mary Witkofski, Community Programs Manager
STAFF RECOMMENDATION
Staff recommends the Mayor and City Council approve the allocation of up to $5,000 in available matching funds to the applicants of the Maricopa Academic Scholarship Match Program from General Fund, Non-Departmental, Technical (10010000-53340). Discussion and Action.