Community Foundation to Administer Paul Lux Trust Scholarship Fund

Posted at 1:20 pm on 06/01/2015

May 28, 2015


FOR IMMEDIATE RELEASE


CONTACT: Beth McCall
Phone: (352) 427-4713
Email: bmccall51@gmail.com


Paul Lux Trust Scholarship Fund to Be Administered by

The Community Foundation for Ocala Marion County

 

Ocala, Fla 5/28/15– The Community Foundation for Ocala Marion County is pleased to announce the Munroe Regional Health System District Board of Trustees has given the Community Foundation the Paul Lux Trust Scholarship Fund to administer.


The Lux Trust was given to Munroe Regional Medical Center upon the death of Mr. Paul Lux in 2005.  The trust was established for scholarships for persons pursuing careers as radiology or medical technologists, respiratory therapists, speech and language pathologists and midwifery.  The current value of the trust is $311,000. 


Scholarship criteria and an application process will be established by the Community Foundation.   In accordance with the terms of the trust, all scholarship recipients must agree to use the training received to care for patients at Munroe Regional Medical Center for at least one year after completing their education/training. 


“We are honored to add the Paul Lux Trust and its scholarship legacy to our family of managed funds”, Founding Chairman Frank Hennessey commented in announcing receipt of the scholarship fund.   He further noted that access to education and training opportunities in these key medical technology fields will not only serve to stimulate job growth but will provide critical skills training essential for quality medical care so vital to our community.


Administering the Lux Trust for medical technology scholarships is in keeping with the overall mission of the Community Foundation to serve as a – CONVENER – COLLABORATOR – CATALYST – for community building.   The Foundation serves as a centralized portal for philanthropic giving and a unified voice for all local non-profit entities and the causes they champion.


For more information on the Community Foundation for Ocala Marion County please visit www.ocalafoundation.org  or contact Barbara Fitos, Executive Director, at (352) 507-8116. 


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