Seven of these nine are seniors and could be eligible for scholarships funded by an endowment launched by fellow former Coupeville hoops star Richard Cook. (Photo by JohnsPhotos.net)
Athletes helping athletes, generation after generation.
Coupeville High School grads, led by Class of 1978 alumni Richard Cook, have launched a “Future Generations Endowment” which will help send current Wolves to college.
The fund is being set up with the help of the Whidbey Community Foundation, and the Community Foundation for Coupeville Public Schools.
To be eligible, a CHS student must play at least one sport in high school and be accepted to a two or four-year college or university.
They do NOT need to play sports at the next level.
Cook played multiple sports at CHS before suiting up for Western Washington University’s football program, where he was a starter at defensive back.
Now he’s giving back to his alma mater, with the creation of an endowed scholarship, where funds raised are invested, with the earnings used to fund the scholarships.
That allows the scholarship to be funded into perpetuity, without the principal being touched.
The more people or organizations who chip in, the larger the pot of money, and the more return on investment, allowing for more scholarships.
“I wanted to start this endowment as a way to pay forward the people, school and community that helped me to be successful in business and in life,” Cook said.
He has been in contact with friends and colleagues, and the group is kicking things off with six donations of $1,000.
The goal is to get to $50,000 in 2024, with the first scholarships being awarded this June.
After that, there’s no ceiling on how high things can go.
“It’s exciting to be a part of a legacy scholarship that will never go away,” Cook said. “Maybe we will see it get to $1 million in our lifetime, which would be amazing!”
For much more info on the fund, how it will be operated, and how scholarships will be awarded, pop over to:
Coupeville Sports 