LEGISLATIVE RESOLUTION honoring the Ulster Savings Charitable Foundation
upon the occasion of its designation as recipient of the Dean's Award of
Excellence by SUNY New Paltz School of Business

WHEREAS, It is the sense of this Legislative Body to commend those
illustrious organizations within the State of New York whose focus and
intent have made a substantial impact on the quality of life in their
communities; and
WHEREAS, Attendant to such concern, and in full accord with its long-
standing traditions, this Legislative Body is justly proud to honor the
Ulster Savings Charitable Foundation upon the occasion of its desig-
nation as recipient of the Dean's Award of Excellence by SUNY New Paltz
School of Business as well as its induction into the College's Hall of
Fame, to be celebrated on May 12, 2011, at the Wiltwyck Golf Club in
Kingston, New York; and
WHEREAS, The Board of Trustees of Ulster Savings Bank conceptualized
the Ulster Savings Charitable Foundation during the bank's 150th Anni-
versary in 2001, in order to insure the bank's community giving goes on
in perpetuity; and
WHEREAS, The Ulster Savings Charitable Foundation was incorporated in
2002, and received IRS designation and awarded its first grant in 2003;
and
WHEREAS, The Ulster Savings Charitable Foundation operates based upon
its mission to assist the community in the areas of education, housing,
and human services; and
WHEREAS, The Ulster Savings Charitable Foundation supports the local
community through its grant, scholarships, and Learning Initiative for
Educators (LIFE) programs; and
WHEREAS, The grant program provides funding to local not-for-profit
organizations for programs and projects that focus on the Foundation's
priorities; since its inception, the Foundation has awarded 58 grants;
and
WHEREAS, Since 2001, 140 scholarships have been awarded through the
Ulster Savings Charitable Foundation's scholarship program to local
residents who were attending accredited area colleges as undergraduate
students; and
WHEREAS, Moreover, the LIFE program provides opportunities for teach-
ers and schools to further educational opportunities for students, to
enhance the professional development of teachers, and to involve
students in community service activities; in the past three years, 38
LIFE grants were distributed for field trips and school projects, and
five grants were awarded for professional development; and
WHEREAS, This occasion presents an opportunity for this Legislative
Body to recognize and pay tribute to Ulster Savings Charitable Founda-
tion, in so effectively carrying out its mission, to assist the members
of its community and to enhance the lives of citizens throughout this
great Empire State; now, therefore, be it
RESOLVED, That this Legislative Body pause in its deliberations to
honor the Ulster Savings Charitable Foundation upon the occasion of its
designation as recipient of the Dean's Award of Excellence by SUNY New
Paltz School of Business as well as its induction into the College's
Hall of Fame; and be it further
RESOLVED, That a copy of this Resolution, suitably engrossed, be tran-
smitted to the Ulster Savings Charitable Foundation.