MISD Foundation for Excellence
The Madge and Joe Parker Fund - 2015

Founding

The fund has been established through a bequest from the estate of Joseph W. Parker to the MISD Foundation for Excellence. It is named in honor of Mr. Parker and his wife Madge Sledd Patterson Parker, who were graduates of Murray High School and alumni of Murray College. Mr. Parker was a Marine Corps veteran of WWII and co-owner of Parker Ford-Lincoln, Inc. for almost 70 years. Mrs. Parker was employed at the Murray Chamber of Commerce and the Bank of Murray. Both were long-time supporters and benefactors of the First Baptist Church, the community of Murray, and its schools.

Purpose

Earnings from the endowed fund will provide grants which encourage, support, and reward innovative teaching; develop and enrich academic programs for students; and purchase classroom equipment which enhances student learning

Selection of Recipients

Grants will be awarded on the basis of applications submitted by MISD personnel and reviewed by committees of the MISD Foundation for Excellence.

Management

The fund is managed by the MISD Foundation for Excellence and contributions are welcome. The initial bequest will constitute the principal of the endowment, which shall never be invaded. The principal will be invested in order to generate income which will be used to fund awards each year. The amount available for grants will be determined annually by the foundation.

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