This fund is maintained and accounted for separately from other Saco Bay Rotary Foundation accounts at all times for the purpose of funding five (5) $500.00 scholarships each year to graduating seniors from Thornton Academy in Saco.

The principle balance of the fund will remain untouched in perpetuity. The accrued investment income accumulated on the account balance is used to fund the previously described $2,500.00 in annual scholarships. Scholarship recipients, who are selected by the academic staff of Thornton Academy, each receive payment of the scholarship after successful completion of their first semester of post-secondary education. Scholarship selection includes consideration of the recipient student’s community service activity during high school.

As a very active charter member of the Rotary Club of Saco Bay, Charlie Snow served in numerous leadership capacities including a term on the club’s Board of Directors, as well as serving as the club’s President. Charlie was also a very active alumnus of Thornton Academy. Charlie’s positive impact on the club, and his untimely death, inspired the creation of the Charles Snow Scholarship Fund as a lasting tribute to his service to the Rotary Club of Saco Bay.