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Application Specific Trusteed Foundations and Scholarships
First Option Bank is proud to serve as Trustee for a number of charitable foundations that have specific guidelines and each with a unique application process. For further information about these or other Trusteed Foundations, please contact Kathy Lovig in our Trust Services division at 913-294-3811.
John DeVore Charitable Trust
John Devore Charitable Trust was established after his death in 2011. These funds will be specifically used to provide charitable aid through cash grants to assist veterans living in Miami County, Kansas, with expenses relating to shelter, utilities, health, education and job assistance needs. An Advisory Group assists in reviewing applications and making recommendations on how to best provide help to veterans within the county.
John Devore Charitable Trust Information and Application Form
Rail Heritage Trust
John Emery, a native of Chicago and ardent rail traveler and enthusiast, created this Trust upon his passing in 2012. John had traveled the rail in over 125 countries, wanted to help educate the public and help recreate and preserve the rail passenger travel experience that he loved. Funds are to be used to restore or rebuild ancillary facilities essential to the operation of a working passenger operation. A three person Advisory Committee, selected by John Emery prior to his death, review the applications and make recommendations to the Trustee. For more information about the Rail Heritage Trust or to download an application form, please go to www.emeryrailheritagetrust.com.
Rutlader Charitable Foundation Trust
James Rutlader created this foundation for the purpose of maintaining, protecting and preserving the Rutlader Family Cemetery and surrounding acreage. Any net income not used for the upkeep of the cemetery is distributed to The World Jewish Congress and B’nai Brith in memory of the Grantor’s mother, Sarah Rutlader and the Grantor’s brother, Joseph Rutlader.
The William Preston and Belvah McFadden Scholarship fund was created in 1989 under the will of Jack E. McFadden. It was Mr. McFadden’s wish that this fund, named in memory of his parents, provide two-year scholarships for selected students graduating from the high schools of Allen County or the children of Allen County residents. Recipients must attend a four-year college or university of the State of Kansas Board of Regents system. Guidelines and application forms may be obtained from high school counselors in Allen County, Kansas.
This trust was established by the late Lorraine Wagner. She was a 1936 Parker High School Graduate and her husband, Ira, was a graduate of Osawatomie High School. Lorraine attended Pittsburg State University after high school. She was only able to attend two years of college because of depletion of funds due to the great depression. While only attending college a short while, the two years there opened her eyes to the benefits of higher education. Both Ira and Lorraine gave to many causes during their life, with their greatest joy coming from helping people. Guidelines and applications are available from the Prairie View and Osawatomie High School Counselors.