CPI board gives its last $13,000 to scholarship fund
Published 12/23/2009, The Daily Republic
The Corn Palace Invitational Committee donated $13,000 to a local scholarship organization Tuesday and then dissolved after 39 years in existence.
The CPI panel, which has organized the popular golf tournament for nearly four decades, transferred all of its savings to the Mitchell Schools Scholarship Fund. The donation comes with the stipulation that 5 percent of the value of the fund on Dec. 31 of each year will be made available to graduates of Mitchell High School and Mitchell Christian who will be participating in an intercollegiate golf program.