Each summer, the members of the AHF Board of Trustees sitting as Trustees of the Ruth B Hayes Scholar Fund, select a graduating high school senior to receive the cash scholarship. The student must be a resident of Melbourne Village whose parent(s) are AHF members in good standing.
Applications are received up to the end of June and then reviewed by the Education Committee. They make a recommendation based of the criteria set forth in the trust agreement. The criteria are primary academic achievement during the last three years of secondary school.
Applications are available in the AHF office during the month of June.
Even though it was her money, Ruth Hayes didn’t know about the scholarships. She died in 1962 at the age of 68. She and her husband George E. Hayes bought lot 225 on Flamingo Road in 1951, and built a house there. George was an engineer with Eastman Kodak in Rochester , NY. In Ruth’s correspondence with Elizabeth Nutting, she said she first read about the Village in the Organic Gardening magazine and that she was a vegetarian. Little else could be discovered about her. She was interested in a village group called the Authority of Cooperative Apartments of Melbourne Village (ACAMV). It was incorporated and had well known villagers as directors. She gave half of her estate to the group. The group's vision was to create some sort of transitional housing for older villagers who could no longer homestead their property, but wanted to continue part of village life. The group’s vision was never realized and they went out of business when the property now occupied by Target was sold by the AHF to a developer of the shopping plaza. Having assets from Ruth Hayes and others, the ACAMV group created the scholarship trust fund in 1987 and designated the AHF trustees as the scholarship trust trustees.
Scholarship Donations Accepted
You may wish to make a donation or consider leaving part of your estate to the scholarshipfund. The trust fund is kept completely separate from the AHF accounts. It is governed by a 10-page legal document; copies are available upon request. The value of a $1000 scholarship to our students has been greatly reduced over the years due to inflation and the rising cost of a college education above inflation. In addition, interest rates have fallen significantly in recent years and we cannot count on the same income to fund future scholarships. Increasing the fund four-fold would put us back to where we were in 1987. What better legacy than to help a deserving college bound student? Please consider it. Contact the AHF office for more information.