Auxiliary board can act on loan fund proposals
|Posted Aug. 17, 2011 |
The Executive Board of the Auxiliary to the AVMA received authority in July to convert the organization's student loan fund to an endowed scholarship fund distributed by the American Veterinary Medical Foundation.
The Auxiliary House of Delegates granted the authority, provided that the board members and AVMF come to an agreement regarding the $2.1 million in the fund. Ginger Morton, Auxiliary president, said the latest proposal under discussion involved keeping some money within the Auxiliary to pay a staff member to continue collecting money owed through outstanding loans.
Michael Cathey, executive director of the AVMF, told the Auxiliary delegates that the Foundation was seeking the partnership out of a desire "to work together for the well-being of animals."
Morton also said in a speech before the AVMA House of Delegates that the Auxiliary planned to continue promoting National Pet Week and needed to work in schools to promote veterinary medicine.
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