1st Source Bank as Trustee for Donald L. Charlton has announced the establishment of the Donald L. Charlton Scholarship.
This scholarship trust was funded at Don's death in July 2004 and has assets in excess of 1.4 million dollars.
Don was a lifetime Milford resident and he created this scholarship fund for the benefit of graduates of Wawasee High School. While the amount of each scholarship will vary, there will be around $65,000 available the initial year. These scholarships may be renewable and also may be available to students already in 2 or 4 year colleges at the present time. Preference is given to students who reside in Van Buren or East of Jefferson Township and go to Wawasee High School. This was Don's wish as this is where he was born and raised. By spending only a small percentage of the fund in any year, this scholarship fund should provide ongoing financial support to qualified applicants for many years.
For more information contact John Elliott, Vice President and Trust Officer at 574-268-1207.
We are blessed to live in a community where our students are valued and remembered in such a manner.
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