In 1992, the Dale Stine family made a $100,000 memorial gift to the Foundation for the purpose of physician recruitment and educational loans. The Foundation extends our appreciation to the Dale Stine family for making physician recruitment funds and student loans possible.
The Foundation also provides a loan/grant in the amount of $10,000 to medical providers that locates their medical practice to Ord. The loan is to be used for a down payment toward the purchase of a home in the Ord area.
The medical provider shall have the use of the $10,000 as a loan for a period of five years. In the event that the medical provider maintains his/her practice of medicine in Ord for a period of five years, the $10,000 loan shall convert to a grant and there will be no obligation to repay any part of the $10,000 and there shall be no interest accrued. In the event the medical provider leaves Ord at any time prior to five years, the $10,000 shall be deemed a loan and shall be repayable to the Foundation, along with interest.