List of Funds

Endowment Funds

David & Donna Donald Recreation Endowment

This donor advised fund, established in 2014, is to benefit recreation in Wayne County. The awards can include but are not limited to golf courses, parks, pools, theatre, athletic facilities, trails or conservation facilities. The Donald family will serve as advisors for this fund.

Van Terry Outdoor Living Classroom Endowment

Established in 2001, the purpose of this endowment is to “provide students as well as the general public an opportunity to learn about nature.” The effort to establish and plant all the area was led by Doyle & Donna Terry. Van was Doyle & Donna’s son and they named this project in his memory. Several family members helped establish the endowment with the Terry’s. Disbursements from this fund are used to finance and maintain and enhance the living classroom.

Tailwind Endowment Fund

Tailwind Endowment is a Donor Advised fund begun in 2012. The primary purpose of this fund is to award grants exclusively for charitable purposes to benefit nonprofit projects or organizations located in Wayne County and surrounding communities. The Tailwind Endowment Fund hopes to enhance the quality of life by supporting efforts that will provide opportunities through education, economic development and experiences of art, culture, history and recreation. The donors will serve as advisors for this fund. “Tailwind gives momentum to all movement.”

Falcon Foundation

The Falcon Foundation, an Agency Endowment fund, was established in 2013. The purpose of this endowment is “to benefit activities of the Wayne Community School District, including, but not limited to, student scholarships and projects or needs of the district.”

International Center for Rural Culture & Art Fund (Round Barn)

The Round Barn Fund, an Agency Endowment fund, was established in 2013. The primary purpose shall be to create and hold an endowment whose proceeds will be used to benefit the International Center for Rural Culture & Art (Round Barn) located in Wayne County.

Prairie Flower Endowment

This donor advised fund was established to provide grants that enhance the quality of life in Wayne County. This endowed gift will both honor the past, and plant the seeds for future growth.

Corydon Community Development Endowment

This Agency endowment fund was established in 2015 to promote economic development in the greater Corydon area. The funds will be used for projects as determined by the Corydon Community Development Corporation.

Mark and Cheri Nessen Endowment

This donor advised fund was established in 2016 to provide monetary support for projects beneficial to the Corydon, IA community with primary focus on business growth and enhancement, education, or recreation.

Unrestricted WCF Endowment Fund

This fund is where all miscellaneous donations are deposited. Wayne Community Foundation regularly receives memorial and unsolicited donations. When there is no fund designated, these funds are added to the Unrestricted Endowment Fund. Distributions from this fund are awarded in various ways. Sometimes, the distribution is combined with the Wayne County Endowment distribution to allow for a larger award and sometimes it will be awarded alone.

Wayne County Endowment Fund

This fund was established in 2005. It is comprised of 25% of the total amount of gaming dollars awarded to Wayne County each year. This fund’s distribution is to be used for the benefit of Wayne County. WCF has the latitude to combine this distribution with another if it will better benefit the county or the distribution can be awarded alone or returned to increase the fund if there are no worthy projects.

Scholarship Endowment Funds

Richard Pyner Memorial Scholarship Fund

A scholarship is awarded with the proceeds of this fund to a Wayne High School graduating senior planning a career in public school education. There are some other requirements and they can be obtained from the guidance counselor at Wayne High School. Richard Pyner, a teacher, coach and principal for 43 years in southern Iowa public schools (Afton, Mystic, Seymour & Corydon), was very well respected. He felt strongly that public school education was a cornerstone to the success of our country.

Raymond Conner Memorial Scholarship Fund

Dorothy Conner, a Cambria area resident, established a fund in memory of her husband, Raymond in 2004. The recipient of these scholarship funds should be a deserving graduate “Who may have faced adversity in their life.” This scholarship is renewable for a maximum of four years if the recipient continues to meet the scholarship’s requirements.

Bob Mumma Scholarship Fund

Bob, a former teacher and principal, established a scholarship to aid and encourage a graduating senior to continue their education. The original scholarship was awarded to a senior of Lineville-Clio High School. Now, the scholarship is awarded to a Wayne County graduating senior with preference given to a senior living in the former LC school district..

Clarabelle and Junior Henderson Scholarship Fund

Clarabelle, a former teacher, and Junior, a Wayne County farmer, wished to reward a student’s motivation and need with scholarship funds. Established in 2007, the award is to be given to a Wayne High School graduating senior….not necessarily one with the highest grades but a student who has demonstrated the best use of his or her ability.

Dwaine Burley Memorial Scholarship Fund

Dwaine was a long-time Wayne County farmer, killed in a farm accident in 2006. Marilyn, his wife, wished to establish this scholarship in his memory. This scholarship is for a Seymour or Wayne High School graduate with membership in FFA or similar agricultural organization and wishes to pursue a career in agriculture.

Ernest Carmon Moser Scholarship Fund

E. Carmon Moser, a Humeston resident, desired to establish an endowment scholarship fund for a student that plans to attend the University of Iowa. Priorities for applicants are: Richman Township in Wayne County, senior at Mormon Trail High School and financial need. Other consideration is then given to other Wayne County high school seniors. This scholarship is a four-year renewable scholarship of $2,500 per year.

Corydon Lions Scholarship Fund

This scholarship was established to help endow a qualified Wayne County High School senior. The recipient must have a graduating grade point that will be acceptable by a recognized Jr. College, Trade School, or University and must be a Wayne County resident.

Non-Endowed Funds & Administrative Fund

Seymour Disaster Relief Fund

Wayne Community Foundation is pleased to assist the Seymour Community and the Seymour Community School District by establishing the “Seymour Disaster Relief Fund”. City and school officials are continuing to assess property and economic damage as a result of a F2 tornado that hit Seymour on March 6th. This fund is accepting contributions and will allocate those funds to local nonprofits to assist in tornado-related community needs.

Ernest Carmen Moser Scholarship

This non-endowed fund is to further fund the endowment scholarship fund established by E. Carmen Moser for students attending the University of Iowa from Wayne County. This is a renewable, four-year scholarship.

FFA-Wayne Community Schools Scholarship

This annual scholarship goes to a senior member of the Wayne FFA to be used as they pursue a career in the agricultural field.

Dr. Keith A. Garber Scholarship

Originally established by the medical staff at Wayne County Hospital – this scholarship was re-named in 2008 to honor Dr. Keith Garber. Dr. Garber was a family physician in Corydon for more than 40 years. The recipients will be a student(s) seeking a career in the healthcare field. It is the hope of the medical staff that the recipient(s) will consider returning to Wayne county upon completion of their professional education.

Kenneth Ireland Memorial Scholarship

This scholarship was established in memory of Ken Ireland, a longtime pharmacist and community leader in Corydon. It will provide a $1000.00 scholarship annually for a Wayne Community High School senior entering a health care field with preference given to a student attending the University of Iowa.

WCF Administrative Fund

A non-endowed fund holding the fees collected from our different funds. The money will be used for postage, supplies, website expense and any other expenses needed for the foundation in order to conduct proper business.