THE BOARD OF DIRECTORS AND OFFICER OF THE KOSTER INSURANCE SCHOLARSHIP FUND (THE "FUND") VOTED TO VOLUNTARILY DISSOLVE THE FUND AND DISTRIBUTE THE REMAINING ASSETS. THE DISSOLUTION WAS UNDETAKEN DUE TO THE WITHDRAWAL OF ADMINISTRATIVE AND FINANCIAL SUPPORT BY THE FUND'S PRIMARY CORPORATE SPONSOR, ARTHUR J. GALLAGHER AND COMPANY. THE FUND'S ASSETS WERE DISTRIBUTED IN THE FORM OF SCHOLARSHIP GRANTS TO INDIVIDUALS AND DONATIONS TO A PUBLIC CHARITY AS DETAILED IN SECTION XV OF THE FORM 990-PF. THE FINAL DISTRIBUTION WAS MADE ON DECEMBER 30, 2019 TO THE BOOTHBAY REGION STUDENT AID FUND (A PUBLIC CHARITY, EIN 01-6019359). THE FUND CEASED TO EXIST AT THAT TIME. CERTIFIED COPIES OF THE ADMINISTRATIVE DISSOLUTION PETITION, THE OFFICER CERTIFICATE OF BOARD ACTION, THE COMMONWEALTH OF MASSACHUSETTS OFFICE OF THE ATTORNEY GENERAL FINAL FORM PC (PC-F), AND THE RELATED DISSOLUTION WORKSHEET ARE ATTACHED.
Application Information
Accepts Unsolicited ProposalsUnknown
Contact PersonBOARD OF DIRECTORS
Phone6177709889
DeadlinesFIRST WEEK OF MAY
How to ApplyA WRITTEN APPLICATION INCLUDING FINANCIAL DISCLOSURE AND AN ESSAY ON CAREER GOALS
RestrictionsNEED BASED COLLEGE SCHOLARSHIPS FOR STUDIES TOWARDS A CAREEER IN HEALTH CARE