Pub. 2 2020 Issue 5

J U L Y / A U G U S T 2 0 2 0 6 nebraska cpas PRESIDENT’S MESSAGE BY JONI SUNDQUIST, NEBRASKA SOCIETY OF CPAS FOUNDATION BREAKS SCHOLARSHIP FUNDING RECORD ONCE AGAIN Since 1976, the Foundation of the Nebraska Society of CPAs has been continuously increasing its commitment to help Nebraska college and university accounting st udents become f ut ure Nebraska CPAs. At its recent meeting, t he Foundat ion Boa rd of Tr ustees approved a record total of $128,600 i n s chol a r sh ips t o 72 a c count i ng students at 14 Nebraska colleges and universities for the 2020-2021 school year. Distributed to accounting students across Nebraska who are in their junior, senior, and graduate years of college, these scholarships are made possible by a transfer of funds from the Society to the Foundation as approved by the Society Board of Directors as well as through generous donations from our members. Please see page 23 of this issue for a list of Foundation contributors. DuringameetingviaZoom, theFoundation Board of Trustees, with Foundation President DonKluthe of Omaha presiding, approved the following: • 48 $1,500 General Accounting Scholarships Totaling $72,000 • 17 $2,300 150-Hour Scholarships Totaling $39,100 • 7 $2,500 Scholarships for Society Awards &Designated Scholarships Totaling $17,500 We will announce the recipients of all scholarships in the next issue of Nebraska CPA! In other Foundation news, Don Kluthe, after numerous years of dedicated service, has decided to step down as president of the Foundation Board of Trustees. The Society extends a huge thank you to Don for his 17 years of service on the Foundation Board, including 14 years as a Foundation officer and his role as president of the Foundation for the past four years. Don is also a past chairman of the Society. According to our records, he has been active on a variety of Society commit tees and boards since 1990. That’s a mountain of volunteer time and