The NACM Commercial Services Foundation has been around for nearly two decades, providing scholarship opportunities to credit professionals.
The scholarships offered through the Foundation assist applicants in the pursuit of education and training, achieving professional designation, and attending national and regional programs.
We understand it may be difficult to finance an education these days, and we are here to provide resources that may help.
The NACM Commercial Services Foundation promotes and advances the professionalism of individuals in credit management and provides career development opportunities.
Board of Directors
The Foundation’s Board of volunteer Directors are elected annually by its membership. Board members are responsible for raising and distributing funds to support a wide variety of educational and professional development pursuits. To this end, the Foundation has awarded nearly $100,000 in scholarships.
Phylliss Clark Memorial Fund
The Phylliss Clark Memorial Fund was established in honor of the well-known and respected manager of the NACM Oregon education/communications department, who died in an auto accident Memorial Day weekend in 1993. Because of Phylliss’ strong commitment to education and her dedicated service to NACM and CFDD, the Foundation established an endowment worthy of her memory.
Each year, earnings from the endowment are distributed as scholarships to qualified members of the two Oregon-area Credit & Financial Development Division (CFDD) chapters to offset registration and attendance costs to regional conferences. In selecting these yearly scholarship recipients, special recognition is given to first-time attendees.
Jane Newton Memorial Scholarship Fund
Jane Newton worked at our local NACM office for 47 years serving and supporting countless members. Many of those years Jane spent furthering her own education, and actually completed her Bachelor’s degree just three years before she retired. Jane was a mentor and strong supporter of any member who had the desire to strengthen their knowledge in the credit industry. She believed that credit people were professionals and worthy of higher education, status in management, and merit.
NACM has established the Jane Newton Memorial Scholarship Fund to help further the education of our members. We want to thank you for helping us keep Jane’s memory, work ethic and love of education alive.