Request for 2019 Grant Submissions
As many of you are aware when Carl Wentworth passed away in 2014 he left a generous Trust Fund titled the Wentworth
Family Trust which he and his wife Dorothy had established in 1993. It stipulated a Kingman grandfather clock to be
distributed to the Historical Society; provides directions concerning scholarship funding for the benefit of Madbury residents
with financial need intending to pursue post secondary education, with input from the Town's School Board Representative;
and the following clause:
1. First for the use of the Town of Madbury and or its inhabitants for charitable, educational and recreational
purposes to the benefit of the Town of Madbury and its inhabitants and for the acquisition, repair and or
replacement of maintenance, fire safety or other equipment necessary or desirable for the safe, efficient
operation of the Town of Madbury.
The trust document goes on to describe how the amount to be distributed each year will be determined by Charter Trust
Company of Concord, who is designated as the Trustee, based on the market value of the trust assets as of December 31st
of the preceding year. It directs the governing authority of the Town to provide a prioritized list each year to the Trustee of
the desired expenditures that the Town would like to have covered.
There does appear to be a requirement that there be a distribution made and spent each year. We continue to work with the
Trustee to develop the complete process and identify the timing of those disbursements.
Here is the opportunity to bring forth that worthy project that can not be covered in the budget. We are asking you to help
us out by providing a brief description, justification and cost estimate if you have projects/items that would seem to fit the
Please keep in mind that these funds must be spent by December 31, 2019 on the purpose approved.
Wentworth Family Trust Disbursements for the 2018
Dorothy and Carl Wentworth Scholarship
Dorothy and Carl Wentworth were long-time residents of Madbury, NH. They owned and operated Kingman Farm until 1961.
Dorothy and Carl were deeply committed to the Madbury community. They established the scholarship to offer financial
support to Madbury students who intend to pursue post-secondary education.
The Dorothy and Carl Wentworth Scholarship will be awarded annually to graduating high school students. Eligible students
A resident of Madbury, NH
A high school senior
Able to demonstrate financial need
Planning to attend an accredited college, university or technical school
Payment will be made directly to the institution where the scholarship winner is enrolled.
Applicants for the yearly scholarships should see the Oyster River High School, Local Scholarship Application at the