Katahdin Trust Gift Supports Creation of Scholarship Fund

Katahdin Trust Company was pleased to present a $500 donation to the Maine Better Transportation Association (MBTA) Educational Foundation recently.

The donation will be used to help launch the Frank A. Healy Scholarship Fund. Once established, the fund will award scholarships to deserving Maine students who are studying transportation-related fields of study.

“We appreciate the opportunity to participate in a fundraising effort that will result in honoring Frank Healy in perpetuity,” shares Bill Lucy, Senior Vice President, Commercial Services, Katahdin Trust. “Frank dedicated his life to community service and creating a scholarship in his name is the ideal way to carry on his legacy.”

During Frank’s tenure with the MBTA Board, his leadership and commitment to a vibrant transportation system helped shape the landscape of the Association. He helped expand the Association’s geographical reach by adding meetings in Aroostook and Washington counties to ensure Maine’s rural counties were represented. In addition, Frank founded the MBTA Infrastructure Fund in 1994. Today, the Infrastructure Fund is almost self-sustaining.

Contributions to the Frank A. Healy Scholarship can be made to MBTA Educational Foundation, 146 State Street, Augusta, ME 04330.