Ford Family Fund grows by $500,000 for graduating Penhold students
The Community Foundation of Central Alberta announced that longtime Penhold residents Stewart and Eileen Ford have contributed once again to the Ford Family Endowment Fund.
More specifically, they added $500,000 to the scholarship fund for a total of $1.5 million, which will go to students in Penhold pursuing post-secondary education.
The new funds will be used to award five scholarships every year of $10,000 each to provide financial support to graduating students.
The Ford Family Endowment Fund began in 2013, when the Fords made their first commitment of $500,000 to help graduating students from Penhold Crossing School.


