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Bob Foster Scholarship Award

BOB FOSTER SCHOLARSHIP AWARD

Bob Foster was one of the original founders of the Twin Cities Cash Management Association (now known as the Minnesota Association for Financial Professionals), and was an extremely active member. Bob spent his treasury career working for 3M Company. He spoke at numerous monthly meetings and at the association’s annual conference. Bob was known for his hard work, honesty and integrity. He had a strong desire for continuous learning in the treasury field and was known for sharing his knowledge with others. Bob passed away in 1994.

In Bob's memory, the Association established an annual scholarship award. The scholarship award covers the cost of one member to attend the AFP Annual Conference, including AFP membership for one year (to obtain member fee on registration), early conference registration fee (no pre- or post-workshops), economy coach transportation, Saturday arrival – Wednesday departure conference hotel and meals covered by the registration fee on the official conference agenda. The recipient of the scholarship award is announced at the MNAFP Annual Conference.

 

Criteria for Nomination

Applicants must meet all of the following criteria:

  • Be a member of MNAFP for a minimum of three years
  • Served either as a committee member for two years, or as a committee chair or Board member for one year
  • Demonstrates a desire to improve his/her treasury knowledge through continuous education and shares his/her knowledge with other treasury professionals
  • Did not attend the previous year's AFP Annual Conference
  • Is not a previous winner of the Bob Foster Scholarship Award in the previous five years.
  • Approximate value of this scholarship is $3500

Selection Process

  • MN AFP members may nominate either themselves or another member for the scholarship award.
  • Nominations must be submitted in writing and nominees must meet all the criteria.
  • All nominations must be submitted to MNAFP's Board by March 1st. The Education Committee of the Board will recommend to the Board a selected recipient. If either none or one nomination is submitted, the MNAFP Board may submit additional nominations until March 15th.
  • The Board, at its option, may alter this timeline or waive any criteria.

 

Scholarship includes:

  • AFP membership to qualify for AFP member conference rate
  • Early registration member conference fee. Deadline for 2019 Boston conference is May 17, 2019. Does not include pre-conference workshops
  • Four nights (Saturday to Tuesday) hotel at conference hotel if available or other nearby hotel.
  • Meal reimbursement is limited to the meals in the registration; no additional meals.
  • Coach airfare

MNAFP members may nominate either themselves or another member for the scholarship award. Nominations must be submitted in writing and nominees must meet all the criteria. All nominations must be submitted to MNAFP's’s Board by March 1st. If either none or one nomination is submitted, the MNAFP Board may submit additional nominations until March 15th. During March, the Board will form a committee of at least three people to select the recipient. This committee will be chaired by an MNAFP Board member and will include the previous scholarship award recipient and at least one at large MNAFP member not currently serving on the Board.

 
Bob Foster Scholarship Award Application

The 2018 Bob Foster Scholarship Award winner, Annette Bleninger, Cash Management Officer is from Merchant’s Bank. She has served as the Conference Committee Associate for the past three years, assisting the Conference Co-Chairs with various tasks leading up to the annual conference in April. Annette has been a MNAFP member for many years. As the recipient of the Bob Foster Scholarship Award, Annette joined thousands of other members at the national AFP conference held in Chicago in November, and had her registration and transportation costs covered my MNAFP.

 

 

 

Previous Bob Foster Scholarship Award Recipients.pdf

Bob Foster Scholarship Award Recipient - Sara Larson 2016
Bob Foster Scholarship Award Recipient - Lynn Slavik 2015
Bob Foster Scholarship Award Recipient - Tom Colling 2014

Bob Foster Scholarship Award Recipient - Quay Hayden 2013
Bob Foster Scholarship Award Recipient - Susan Kubis 2012
Bob Foster Scholarship Award Recipient - Lisa Broom 2011
Bob Foster Scholarship Award Recipient - Mary Utecht 2010
Bob Foster Scholarship Award Recipient - Kay Bloom 2009


For more information regarding the Bob Foster Scholarship Award
- please contact: 
Kate Cole - Coordinator   Email

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MNAFP
Minnesota Association for Financial Professionals
P. O. Box 358
Isanti, MN 55040-0358

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