If you or your farm operation does business with any of the four member co-ops of Co-Alliance LLP, Danville, then your children or grandchildren could be eligible for one of several new scholarships. The very successful co-op consists of four member co-ops- Midland Co-op, Danville; IMPACT Co-op, Frankfort, Frontier Co-op, Lebanon and LaPorte County Co-op. Besides covering a large portion of Indiana, this co-op also includes farmers in parts of Ohio and southern Michigan.
Kevin Still, CEO of CO-Alliance and formerly head man for Midland Co-op, Danville, views the scholarships as another example of the cooperatives's commitment to agriculture. Already this year, Co-Alliance has granted patronage refunds to older stockholders who seldom see any stock sales by the co-op in their behalf until they pass away, when the money transfers to their heirs, and just recently announced a record pay-out of nearly $5 million in cash and equity stock.
Each scholarship will consist of a one-time award of $1,000 each and will be presented college-bound seniors who excel in showing exceptional academic and extracurricular leadership ability.
Any child or grandchild of shareholders within the four co-ops that make up Co-Alliance may apply for the scholarship. However, children and grandchildren of employees and Boards of Directors of any of the four co-ops are not eligible. The applicant must graduate by the spring of '08, and complete an application form which includes an essay. It's available on the Web at: iwww.co-alliance.com. The application must include two character references that can attest to the student candidate's leadership and academic skills.
Completed applications must be received at CO-Alliance Headquarters in Danville by April 30, 2008. A representative committee pulled together to evaluate applications will review the applications. The scholarship awards are scheduled to be presented to the successful students in May or June this spring.
Laurel Mann, communications director for Co-Alliance Co-op can be contacted for more information on this scholarship program Reach her by phone at 765-523-3335 or on the Web at: [email protected].