The Kilgore College Foundation History
On December 15, 1994 the initial board of directors of the Kilgore College Foundation met and approved the articles of incorporation for the Foundation under the Texas Non-Profit Corporation Act. The first meeting was conducted on October 31, 1995 in the conference room of the East Texas Oil Museum.
As stated in Article II, Section 2.1 “The purpose of the Corporation is to promote and support Kilgore College, Kilgore, Texas. The Corporation shall be operated exclusively for educational, scientific, and charitable purposes within the meaning of Section 501 (c) (3) of the Internal Revenue Code of 1986.”
Members present at the initial meeting were Ex-Officio members Dr. J. Frank Thornton, President of Kilgore College, Gen. Richard Boyle, President of the Kilgore College Board of Trustees. Dr. Peggy Coghlan, Administrative Director of the Foundation, and Directors Frank Brown, Margaret Masters Griffin, Mike Miller, John Mobley, Don Russell, and John W. Turk, Jr. were also in attendance. Absent was Foundation Board Director, Dr. Peggy Whalley. The following officers were elected by unanimous vote: John W. Turk, Jr., President; John Mobley, Vice President; Frank Brown, Secretary; Mike Miller, Treasurer.
Since that time the Foundation has grown to over 70 different funding accounts with a current market value of approximately $3M, all designated for the students and programs of Kilgore College. Most of the endowments are designated for specific programs and fields of study at Kilgore College, and are subject to the scholarship guidelines established by the KC Scholarship Committee and the specific criteria set by the donor(s).
Applications for funds and additional information regarding the individual accounts within the Kilgore College Foundation as well as the Kilgore College endowment should all originate in the Office of Financial Aid on the main Kilgore campus.