Designated Funds

The Foundation supports several designated funds established in collaboration with other organizations. These donor advised funds fit with the Foundation’s Areas of Interest and provide grants for projects as recommended by an advisory committee. There are specific parameters to establish a Designated Fund. Contributions to them are accounted for separately from other Endowment assets that ensure funding is available to support projects. Read on for information about existing Designated Funds. Contact the Foundation office for more information about how to support these Funds.

Blue Pride Fund

The Blue Pride Fund is dedicated to supporting high-school league activities (athletics and the fine arts). Created in 2001, the Fund is undergoing a structural change due to the recent consolidation of school districts. Contact the Foundation office for more information.

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Lou's Closet Fund

Lou’s Closet responds to the clothing needs of low-income students or those in crisis along with vision and eye care assistance. Created in 2014.

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Friends of the Library Fund

Maintaining a strong and thriving public library is the mission of the Friends of the Library Fund.  Created in 2003.

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Fund for the Arts

This fund was established by P&H Mining Equipment, through the Joy Global Foundation. It is used exclusively to support the arts in the greater Virginia community.

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Marvin Skaurud Memorial Scholarship FundFund

This scholarship fund was created to provide scholarships to Virginia students who have demonstrated high academic performance.  The number of scholarship awards are to be determined each year by the distributable income. Created in 2009.

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Garett Plotnik Memorial Scholarship Fund

This scholarship is awarded to a Virginia High School senior who is actively involved in extra-curricular activities, has outdoor interests, and demonstrates characteristics of a positive role model. Created in 2012.

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Parks, Lakes and Recreation Fund

This fund was established by P&H Mining Equipment, through the Joy Global Foundation. The Parks, Lakes and Recreation Fund assists in providing recreation and conservation opportunities for the use and enjoyment of present and future generations. Created in 2012.

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Virginia Education Fund

Organizers established the Virginia Education Fund to create connections to the classroom, to enhance available resources, to enrich experiences, and to provide the best educational opportunities for all students. Created in 2008, the Fund is currently undergoing a structural change due to the recent consolidation of school districts. Contact the Foundation office for more information.

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George Munig Scholarship Fund

This scholarship fund was created to honor the memory of past Economics teacher-George Munig. Scholarship awards go to a Virginia High School senior who is  pursuing a career in an economics or business related field. Created in 2017.

Dr. Halvor & Emily Olson Scholarship Fund Fund

This scholarship fund was created to provide scholarships to Virginia students who are studying at the University of Minnesota in the area of Liberal Arts. Created in 2018.