Wentworth Family Trust Gift to the Town of Madbury

                                                                 Request for 2025 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 criteria above. Please provide those in writing on this form.  Requests should be submitted by December 15, 2024.  Please keep in mind that these funds must be spent by December 31, 2025 on the purpose approved

Wentworth Family Trust Disbursements for 2024
You can watch a video of Carl Wentworth talking about the Kingman Farm here.  (53 minutes, YouTube)
The 1988 Madbury Town Report was dedicated to Carl and Dorothy Wentworth. 
You can download the dedication page here.

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 must be:

    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 Counseling Office.


$12,000 Scholarships - 4 scholarships to graduating high school seniors by application and
                        review of the Madbury School Board member and committee members.

$6,000 Tibbetts Field Trail Extension - expansion for fitness trail by Recreation Commission