Alice Gray Memorial Fund

PURPOSE

The Alice Gray Memorial Fund shall be used to assist selected Central Arkansas Library System (CALS) employees who wish to broaden their educational experiences. Any profits from the fund’s investments may be applied toward tuition for university courses taken by selected employees.

ESTABLISHMENT OF THE ALICE GRAY MEMORIAL FUND COMMITTEE

The Executive Director or the Executive Director’s designee is authorized to appoint a committee of three members to be known as the Alice Gray Memorial Fund Committee. The committee shall consist of three CALS staff members. If any member resigns, the Executive Director or the Executive Director’s designee shall appoint a replacement. The Committee shall elect its own chair and establish appropriate requirements for accepting and evaluating grant applications.

The Alice Gray Memorial Fund Committee shall have sole authority to award tuition grants on a competitive basis. The course that the employee wishes to take must, in the opinion of the Committee, broaden the individual’s educational experience and contribute value to the library. Preference shall be given to employees who are not college graduates.