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On December 30, 1999 the Nebraska Beekeepers Association established a University of Nebraska Foundation Account known as the Nebraska Beekeepers Association Fund. This fund will be used for the benefit and support of the Department of Entomology, Institute of Agriculture and Natural Resources, University of Nebraska-Lincoln. It is designated for the support of graduate students with emphasis in teaching, research, or extension programming in beekeeping, including, but not limited to, fellowships, travel grants to scientific meetings and research support. This fund shall be used at the direction of the Head, Department of Entomology, IANR, in consultation with the Nebraska Beekeepers Association. Donations or memorials can be made at any time by anyone, and they are tax deductible. The money is invested in a large pool of money managed by the foundation. The foundation takes 1.4% of the interest for operation expenses, and the rest is applied back to the endowment. The fund was initiated by a $2,000 contribution by the Nebraska Beekeepers Association. Initially the fund shall be considered expendable principal. The founders hope that it will grow and become expendable interest with the principal preserved. The fund is tax exempt, and donations are deductible from taxable income to the extent allowed by provisions of the Internal Revenue Code. Anyone can contribute to this fund. Unless otherwise specified in writing at the time a contribution is made, all gifts will be added to the principal of this fund. Contributions to the fund may be sent to the Nebraska Beekeepers Association or directly to the University of Nebraska Foundation. Be sure to clearly indicate that your gift is to the Nebraska Beekeepers Association Fund.
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