Dalton Loveland, a Sarcoxie High School student, has received the Curtis Rex Carter Science Scholarship. The Carter Scholarship provides $5,000 for graduating Jasper County students interested in pursuing degrees in the applied sciences. Loveland, ranked third in his graduating class, will attend Missouri University of Science and Technology in the fall. Loveland is the first student from Sarcoxie to receive the award.
Pictured above: (left to right) Lori Smith, Community Foundation of Southwest Missouri (CFSM) board chair, Dalton Loveland, and Michelle Ducre, CFSM executive director.
Mr. Curt Carter, a childhood resident of Carthage, MO, established the Curtis Rex Carter Science Scholarship Fund with the Community Foundation of Southwest Missouri, Inc. in November 2006 to honor his father and benefit students interested in the applied sciences from Jasper County. This was the third year that the scholarship was awarded.
To finance this new scholarship fund, Carter used the IRA Charitable Rollover provision of the Pension Protection Act of 2006. The IRA Charitable Rollover allows individuals over the age of 70 ½ to rollover up to $100,000 from their IRA directly to a qualifying charity without recognizing the assets transferred to the qualifying charity as income. The provision was extended by Congress through the end of 2009.