Monday, October 3, 2011

Merfeld Family Foundation Established to Fund College Scholarships for Children of Parents with ALS

After much research, realized there are very few options for college scholarships for Children of Parents with ALS. We are scraping by financially at this point and I have an 18 and 16 year old with many financial needs as many of the rest of us do as well. Decided to exclude them eligibility-wise and do something for the greater good.

Found only a handful of small funds around the country with all but one very local/ regional in nature. Wanted to establish a national fund with opportunity for kids in all 50 states to be eligible.

As all of you are aware, ALS hits the families and children and emotionally and financially devastates them. This will not help all, nor even most of those children, but will positively impact at least a few in their time of need. As a good friend of mine likes to say "Children are only about 30% of our population today, but they are 100% of our future."

Therefore, we have established the Merfeld Family Foundation for College Scholarships for Children of Parents with ALS. The goal is to raise $250,000 - $500,000 for an endowment to fund at least 4-6 $2500 scholarships each year. First award will be made for the Fall term of 2012, and applications will start in December, 2011. The criteria will be established and all administration and judging will be done by the Ventura County Community Foundation (VCCF). VCCF is a registered 501 Charitable Foundation. This Endowment will be funded until there is a cure for ALS. When (not if) that happens, the monies will assist children within the Neuromuscular Disease family going forward.

So far, and despite these difficult economic times, we have over 150 donors and have raised $180,000 with pledges for $100,000 more. Not sure we will hit the $500,000 mark but will give it our best shot trying. 98% of the proceeds are going directly to the fund with the other 2% to cover small administrative costs and establish a website. Hopefully this can inspire others to either establish like funds or contribute to one of these that are already established. If you know someone interested in donating to this cause, no matter how small, please have them visit here. For those of you that have already donated, thanks again for your support.

We purposely have removed ourselves from the decision making process regarding these awards, and defer any questions, comments, applications, etc. to the VCCF. Would just be too difficult to have to choose from the many applicants and narrow it down on a personal level. Hope everyone can understand. Application information should be available by December 1, 2011 here.