HomeMy WebLinkAboutItem No. 10 Carl Graves Endowment Scholarship FundCity Council Agenda Report
City of Lake Elsinore 130 South Main Street
Lake Elsinore, CA 92530
www.lake-elsinore.org
File Number: ID# 19-170
Agenda Date: 5/28/2019 Status: PassedVersion: 1
File Type: ReportIn Control: City Council / Successor Agency
Agenda Number: 10)
Carl Graves Endowment Scholarship Fund - Award Recipients
It is Recommended that the City Council approve the 1st annual Carl Graves Endowment Scholarship
Fund Award Recipients.
Page 1 City of Lake Elsinore Printed on 5/9/2023
REPORT TO CITY COUNCIL
To: Mayor and City Council
From: Grant Yates, City Manager
Through: Johnathan O. Skinner, Director of Community Services
Prepared by: Alma Ramirez, Management Analyst
Date: May 28, 2019
Subject: Carl Graves Endowment Scholarship Fund – Award Recipients
Recommendation
It is Recommended that the City Council approve the 1st annual Carl Graves Endowment
Scholarship Fund Award Recipients.
Background
In 2014, the City received notification that Carl Fred Graves, a former City Treasurer, had passed
away on August 26, 2014 and had bequeath a share of his trust estate (approximately $959,000)
to the City of Lake Elsinore for the purposes of establishing a fund for college scholarships. His
intention was to provide scholarships for needy and deserving graduates of Lake Elsinore Unified
School District high schools (Elsinore, Temescal, Lakeside and Ortega). Carl Graves was a
United States Army World War II Veteran, a highly educated mathematics teacher and a steward
to the community. This is indeed a remarkable gift to the Lake Elsinore community and comes
with a solemn obligation to carry out Mr. Graves’s wishes and ensure his legacy.
Discussion
On February 26, 2019, City Council approved the agreement to create the Carl Graves
Endowment Scholarship Fund, managed by The Community Foundation, the 75-year old
Riverside Community Foundation.
From that date, Staff began to conduct outreach encouraging students to apply for the Scholarship
by May 1, 2019. The City of Lake Elsinore Scholarship Advisory Committee, comprised of City
Staff, reviewed and evaluated 29 applications received by Elsinore High School, Temescal
Canyon High School, and Ortega High School. From the 29 applications, two applications were
ROTC candidates. No applications were received from Lakeside High School. The Advisory
Committee recommended awardees to the City Subcommittee Members, all in accord with
policies and procedures of The Community Foundation.
Upon final selection from the City Subcommittee Members, it was decided that four scholarships
would be awarded this year. Both ROTC candidates would receive the scholarship of $6,000 per
year for four years. The other two candidates would receive $4,000 per year for four years.
Carl Graves Endowment Scholarship Fund – Award Recipients
May 28, 2019
Page 2
The City hereby intends to approve the inaugural scholarship fund to begin disbursements of four-
year scholarships to the following students beginning college in Fall of 2019:
1. Brandon Fuentes, Elsinore High School ROTC Recipient - $6,000
2. Enrique Izquierdo, Elsinore High School ROTC Recipient - $6,000
3. Kylie Tulley, Temescal Canyon High School - $4,000
4. Alondra Serrano, Ortega High School - $4,000
Pending approval, recipients will be forwarded to The Community Foundation for scholarship fund
disbursement processing.
Fiscal Impact
Costs will be incurred for staff time to coordinate with the schools and The Community Foundation
of next steps for award recipients, to prepare materials presented to the recipients, and to attend
the award nights to ultimately present the students with the scholarships.