EUGENE ATWOOD FUND
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    • Interest Free Loans - Trade/Tech Schools and Certification/Licensing Program
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    • Eugene Atwood Innovation Award - Tools/Equipment
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NEWS

Governor Lamont to High School Students: Get Good Grades and Receive Automatic Admission To Several Colleges and Universities

9/18/2025

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As the 2025-2026 school year has begun, Governor Ned Lamont today is reminding Connecticut’s high school students that if they earn good grades, they can receive automatic admission to several public and private colleges and universities under a recently launched state program that simplifies the process of seeking higher education.

Established in 2022, the 
Connecticut Automatic Admission Program (CAAP) is open to all graduating Connecticut high school seniors who have a 3.0 weighted grade point average (GPA) or a 2.75 unweighted GPA. Students need to fill out only one application, and they will be automatically admitted to the program’s 10 participating colleges and universities. The program waives the application fees, student essays, and recommendation letters that are typically associated with the admissions process.

Participating colleges and universities include:
  • Central Connecticut State University
  • Eastern Connecticut State University
  • Southern Connecticut State University
  • Western Connecticut State University
  • Albertus Magnus College
  • Goodwin University
  • Mitchell College
  • University of Bridgeport
  • University of Hartford
  • University of New Haven
Read more about the process here.
​
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The Eugene Atwood Fund Announces Award Winners and Interest Free Loan Disbursement

8/23/2025

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STONINGTON, CT – The Eugene Atwood Fund, a private non-profit foundation located in Stonington, CT, continues its longstanding commitment to supporting New London County students.  With over a century of service, the fund provides financial assistance through annual awards and interest-free loans for educational, trade and career development pursuits.
 
At their annual meeting in April, twenty-one (21) senior high school students were awarded a total of $37,285 in award funding and twelve (12) students were approved interest-free loans totaling $95,875 to support their pursuit of undergraduate college degrees or enrollment in trade, technical, or certification/licensing programs during the upcoming 25-26 school year.
 
The Eugene Atwood Award is presented to senior high school students nominated by their principals who exemplify outstanding academic achievement.  The Board of Trustees voted to award a total of $27,500 to the following students: 
 
2025 Eugene Atwood Award: Recognizing Academic Excellence
Ethan LoVetere                                   Bacon Academy
Ava Mehrens                                       Griswold High School
Antonio Soldato                                  Ledyard High School
Drea Simler                                          Lyme-Old Lyme High School
Nathan Dhillon                                    Montville High School
Edwidge Cenat                                   New London High School
Katelyn Jakubowski                           Norwich Free Academy
Cristien Walworth                              Norwich Technical High School
Learra Ruggeri                                    Robert E. Fitch High School
Seidi Schiro                                           Saint Bernard School
Isabella Spaulding                               Stonington High School
Emily Roy                                              Three Rivers Middle College Magnet School
Thatcher Grimes                                Wheeler High School
Alexandra Leake                                 The Williams School
*Students from East Lyme High School and Waterford High School were also provided with an award.  Their names were requested to be held due to privacy concerns.*
 
The Eugene Atwood Innovation Award supports senior high school students preparing for careers in the trades by funding the purchase of tools or equipment.  The Eugene Atwood Fund’s Trade and Technology Committee awarded a total of $9,785 to the following students: 
 
2025 Eugene Atwood Innovation Award: Empowering Trade Related Careers
Kylee Morrison                                   Grasso Technical High School
Carson Aberele                                   Ledyard High School
Brady Bilheimer                                  Montville High School
Wess Drowne                                      Norwich Technical High School
*A student from Waterford High School was also provided with an award.  Their name was requested to be held due to privacy concerns.*
 
Applications for college-bound loans and awards open annually on January 1 and close February 28. Trade, technical and certification/licensing loan applications are accepted on a rolling basis until funding is fully disbursed.  For more information about programing or to apply, visit www.eugeneatwoodfund.org or contact Stacey Haskell at 860.535.0005.
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The Eugene Atwood Fund Announces Award Winners and Interest Free Loan Disbursement

8/3/2024

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STONINGTON, CT – The Eugene Atwood Fund, a private non-profit foundation located in Stonington, CT, continues its longstanding commitment to supporting New London County students.  With over a century of service, the fund provides financial assistance through annual awards and interest-free loans for educational, trade and career development pursuits.
 
At their annual meeting in April, twenty-four (24) senior high school students were awarded a total of $34,360 in award funding and fifteen (15) students were approved interest-free loans totaling $60,000 for the upcoming 24-25 school year.
 
The Eugene Atwood Award is bestowed upon senior high school students nominated by their principals who exemplify outstanding academic achievement and Recognition Award commending student dedication and promise.  The Board of Trustees voted to award a total of $15,00 to the following students: 
 
2024 Eugene Atwood Award:  Recognizing Academic Excellence
Sean Reddy                                     Robert E. Fitch High School
Julia Fustini                                     Stonington High School
Catherine Chen                            Waterford High School
 
2024 Eugene Atwood Recognition Award: Celebrating Achievement
Abigail Belding                              Bacon Academy
Ana Bradley                                     East Lyme High School
Hailey Watters                              Griswold High School
Alisa Starkova                                Ledyard High School
Riley Morris                                    Lyman Memorial High School
Fenlei Chen                                     Montville High School
Jacob Liu                                           Norwich Free Academy
Morgan Cook                                 Norwich Technical High School
Olivia Mayorga                             Saint Bernard School
Katelyn Pierce                               Wheeler High School
Skye Nugent                                   The Williams School
 
The Eugene Atwood Innovation Award provides funding for the purchase of tools/equipment for senior high school students pursuing a career in a trade related profession.  The Eugene Atwood Fund’s Trade and Technology Committee awarded a total of $19,360 to the following students: 
 
2024 Eugene Atwood Innovation Award:  Empowering Trade Related Careers
Lotus Schwartz                             East Lyme High School
Seth Deming                                  Grasso Technical High School
Alandra Johnson                         Grasso Technical High School
Syrah-Eternity Leonard          Grasso Technical High School
Ava Burdo                                       Grasso Technical High School
Josiah Hinojos                              Grasso Technical High School
Ian Main                                           Grasso Technical High School
Kyle Franchi                                   Lyman Memorial High School
Ava Gero                                          Montville High School
Jacob Ramos                                 Norwich Technical High School
 
For more information about programing or to apply, visit www.eugeneatwoodfund.org or contact Stacey Haskell at 860.535.0005.
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EUGENE ATWOOD FUND CELEBRATES RETIRING TRUSTEES AND WELCOMES NEW MEMBERS

6/14/2024

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​STONINGTON, CT – The Eugene Atwood Fund, an interest free loan and scholarship Foundation supporting New London County residents, is pleased to recognize the contributions of retiring trustees and introduce new members to the Board.
 
At their annual meeting in April, the Board extended their gratitude to two retiring members, Elizabeth Dodge White and Amanda Atwood Lindberg who have dedicated over four decades of service to the Fund.  Both are great granddaughters of the Foundation Founder, Eugene Atwood. 
 
Ms. White spent her career in education teaching middle school in Providence and New Bedford. She leaves the Board after forty-six years of service. Ms. Atwood Lindberg, a former Stonington School Board member and PhD family psychologist, served on the Fund for forty-two years.
 
The Eugene Atwood Fund welcomed new members Annie White and Stephanie Hartell.  Ms. White succeeded her mother, Elizabeth Dodge White, and brings 24 years of experience in education.  She is currently serving as the Middle School Learning Support Coordinator at the Gordon School. Ms. Hartell brings 20 years of experience in education.  She is currently serving as AP English Language, Composition and Journalism teacher at Waterford High School
 
The Eugene Atwood Fund remains committed to its mission of providing interest-free loans and awards to students in pursuit of higher education, trade and career development.  These dedicated trustees and new members play a vital role in shaping the Fund’s impact on the community.
 

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EUGENE ATWOOD FUND EMPOWERS NEW LONDON COUNTY RESIDENTS IN PURSUING TRADE CAREERS

5/29/2024

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​The Eugene Atwood Fund offers valuable opportunities for individuals in New London County who are seeking financial assistance to pursue education and career development through their interest-free loan programs. By providing funding for trade schools, adult education, and career changes, it empowers people to pursue their passions and develop valuable skills.
 
Examples of career paths supported by this program include:
 
  • Electrician
  • Commercial Truck Drivers
  • Cosmetology
  • Plumbing/heating
  • Certified Nursing Assistant
  • Information technology
  • Real estate agent, and more.
 
Visit www.eugeneatwoodfund.org to learn more and access the Trade/Tech School and Certification/Licensing application. The application process will remain open until funding is fully allocated or on February 28, 2025, whichever comes first.
 
Contact Stacey Haskell at [email protected] or 860-535-0005 with any questions.  
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Interest Free Loan Program:  Trade/Tech and Certification Licensing - Accepting Applications!

4/25/2024

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WE ARE NOW ACCEPTING APPLICATIONS!

Our Interest-Free Loan Program for Trade/Tech and Certification/Licensing has been instrumental in supporting residents of New London County on their career paths. We’ve helped individuals become electricians, commercial truck drivers, mechanics, certified nursing assistants, real estate agents, cosmetologists, plumbers, and more!

​The application process will remain open until either all funds have been allocated or until February 28, 2025, whichever comes first.
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The Eugene Atwood Fund Announces Award Winners and Interest Free Loan Disbursement

6/27/2023

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STONINGTON – The Eugene Atwood Fund, a private non-profit foundation located in Stonington, CT, has been providing interest-free loans to New London County area students for over one hundred years.  Programs include their annual awards as well as interest-free loans for college, trade/tech school or to obtain certification/licensing.  Nineteen (19) senior high school students were awarded a total of $35,612 in funding and twenty-one (21) students were approved interest-free loans totaling over $78,000 for the 23-24 school year.
 
The Eugene Atwood Award is provided to senior high school students nominated by their principals and awarded for academic achievement.  The Board of Trustees voted to award a total of $22,750 to the following students: 
 
2023 Eugene Atwood Award
Benjamin Nave                                    Wheeler High School
Student Name Withheld                   East Lyme High School
Addie Concascia                                 Montville High School
Helen Gross                                          Stonington High School
 
2023 Eugene Atwood Recognition Award
Brooke Rodgers                                  Bacon Academy
Jenaliz Cordero                                   Grasso Technical High School
Kendall Larkin                                      Griswold High School
Ronan Allison                                        Ledyard High School
Lauren Pinkerton                               Lyman Memorial High School
Shaelin McMunn                                Marine Science Magnet High School
John Podziewski                                 Norwich Technical High School
Isaiah Anderson                                  Robert E. Fitch High School
Luca Muscarella                                  Saint Bernard School
Anika Gard                                             The Williams School
Briana Smith                                         Waterford High School
 
The Eugene Atwood Innovation Award provides funding for the purchase of tools/equipment for senior high school students pursuing a career in a trade related profession.  The Eugene Atwood Fund’s Trade and Technology Committee awarded a total of $12,862 to the following students: 
 
2023 Eugene Atwood Innovation Award
McKenzie Wolicka                              Bacon Academy
Kathrine Buckley                                 Grasso Technical High School
Benjamin Petersons                           Ledyard High School
Student Name Withheld                     Norwich Technical High School
 
For more information about programing or to apply, please visit www.eugeneatwoodfund.org or contact Stacey Haskell at [email protected].
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For 106 years, Eugene Atwood Fund has helped students further their education and training

1/10/2023

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Featured in The Day Newspaper on January 9, 2023 (click here to be redirected to the article in The Day)

By Carrie Czerwinski, Special to The Day

Stonington ― In 1916, Eugene Atwood, an inventor, businessman and owner of the Atwood Machine Company, started a philanthropic organization with $100,000 of his own money, to provide interest-free loans to college-bound students.

Though the company was sold in 1945, and the borough factory has since been replaced with the Stonington Commons condominiums and the Stonington Harbor Yacht Club, his legacy endures today in the Eugene Atwood Fund.

The organization continues to fulfill its mission, as stated by Atwood in 1916, "to aid deserving industrious young people, who are making an honest effort to accomplish the best results in life,” by offering interest-free loans to students heading to college or trade schools as well as awards ranging from $250 to $5,000 to high school seniors in New London County.

Atwood’s great, great granddaughter, Erica Lindberg Gourd, the managing trustee of the fund, described Atwood as “the son of a little bit kooky bicycle mechanic,” and explained that the idea of an obligation to the community and philanthropic works, were of great importance to him.

She said that throughout the generations, the family, somewhat ironically, stressed the importance of an old French concept known as noblesse oblige—the social obligations of the nobility.
Gourd explained the concept as “to whom much has been given, much is expected,” and, in plainer terms, “you don’t just buy a big house in Watch Hill and then a boat with three motors. You have enough, and you share.”

She said the irony is the “the Atwoods were not nobility at all—they were bike mechanics. They were bike mechanics who turned their knowledge of machinery into something that generated revenue.”

In fact, their knowledge of bicycles, helped them develop a self-centering spindle which revolutionized thread making and eventually resulted in the Atwood Machine Company producing the majority of the world’s machines that made silk thread. This allowed the family to pursue its philanthropic goals.

Fund Director Stacey Haskell added that Atwood’s wife gave Stonington the land that Town Hall now sits on, and the family also donated the founding $90,000 for Westerly Hospital.

Today, the fund serves the community in three ways-- interest-free loans, awards, and philanthropic giving.

The interest-free loans are available to students entering college, and, two years ago, the organization reinstituted loans to students entering a trade or tech school, as well as students in certification or licensing programs.

“We reestablished the trade and tech committee in 2020 because we started to really look at the direction our world is going in. Not every student needs to go to a brick and mortar college. We need these tradespeople to continue on into the future,” explained Haskell.

Wes Dawley, who leads the Tech and Trade Committee at the Atwood Fund, said that the trades are seeing a decline in younger workers, and, using himself as an example, explained that as he is getting older, there is no one to replace him in the construction industry he has been a part of for more than 30 years.

“We need those specialty skills—the plumbers, the electricians, the carpenters,” he said.
“We want to make sure that people know that we are here, not just for people who need an interest-free loan for college, but for someone who might need just to get a license or a certification,” Haskell added.

By offering loans rather than grants, the organization is able to repeatedly loan the money out when it is repaid, and students are able to avoid the added costs of interest in repayment.

“Because we make loans, when we get a donation of, say, $10,000, we may loan that out ten times,” Gourd said, adding, “the benefit of loaning the money back out is that we’ve reutilized it, so, in effect, we’ve been able to give away $5 million.”

“It’s the only reason we’re still here 106 years later,” she said.

Two award programs are available for high school seniors from New London County. The Eugene Atwood Award for academic excellence, and the Eugene Atwood Innovation Award, which helps students pursuing a career in a trade purchase required tools or equipment, are given yearly to students nominated by their high school principal. The students are required to also write an essay.

Available funding varies from year to year, but Haskell said the organization gave out $100,000 in interest- free loans, and an additional $22,000 for the Eugene Atwood Award and $14,000 for the Innovation Award in 2022.

When funds are available, the organization also participates in philanthropic giving. In recent years, recipients have included Connecticut College for students enrolling in bookkeeping and accounting programs, Norwich and New London Adult Education, and $10,000 awards to both Norwich Technical High School and Ella T. Grasso Technical High School for the purchase of tools/equipment for student use in the classroom.

Individuals are encouraged to apply for loans and awards online at https://www.eugeneatwoodfund.org/.


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Launch Your Future

7/18/2022

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Notes from loan recipents

7/18/2022

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email: [email protected]
​

Telephone:  860-535-0005

Conflict of Interest Policy

A conflict of interest policy is intended to help ensure that when actual or potential conflicts of interest arise, the organization has a process in place under which the affected individual will advise the governing body about all the relevant facts concerning the situation.  Our conflict of interest policy is also intended to establish procedures under which individuals who have a potential conflict of interest will be excused from voting on such matters.

No governing members of  The Eugene Atwood Fund Board receive any compensation nor financially benefits from the organization.
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  • Programs
    • Interest Free Loans - College Bound
    • Interest Free Loans - Trade/Tech Schools and Certification/Licensing Program
    • Eugene Atwood Award - Academic Achievement Award
    • Eugene Atwood Innovation Award - Tools/Equipment
  • About Us
    • Board of Trustees
    • Trade and Tech Committee
    • Director
    • Testimonials
  • Contact
  • Resources and Links
  • News