Madi Bacon Endowment Fund for Music Education Scholarship
Background
The Madi Bacon Endowment Fund for Music Education Scholarships (“Fund”) celebrates the influence of Madi Bacon, who founded the San Francisco Boys Chorus in 1948. She believed in economic and racial equality, in a broadening multicultural sensibility, and in the transformative power of music. The Fund is to honor her courage, her quest for excellence, her élan, and her joyful approach to learning and music making.
Purpose
The exclusive purpose of the Fund is to provide an annual financial scholarship award to one or more choristers who have demonstrated strong musical and vocal promise and whose behavior and Chorus citizenship are exemplary. The scholarships shall be applied towards the cost of each selected chorister’s tuition and musical education at the San Francisco Boys Chorus.
Terms and Conditions
1. Contributions shall not contain any restrictions, conditions or designations that are inconsistent or in conflict with these terms.
2. The Chorus reserves the right to reject any contribution in whole or in part. All contributions to this Fund shall be irrevocable once accepted by the Chorus.
3. The Chorus is the owner of the Fund and has the exclusive right and power to assign, manage, administer and distribute the Fund, so long as its actions do not frustrate the purpose of the Fund and/or the tax-exempt status of the Fund. The Chorus reserves the right to terminate the Fund if its purposes can no longer be served by its continuation.
4. Contributions to the Fund are tax deductible. The Chorus shall send a notice (in the form of a letter or email) to donors acknowledging their contribution. Such notice shall serve as a tax record of their contribution and notice that the Chorus has accepted their contribution.
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