Individuals, chapters, companies and families can establish an award by simply investing a minimum of $2,500. The donor must then designate in writing the name of the award, how the distribution of the award's earnings are to be stipulated - for research, scholarship or no stipulation (preferred). Also, the donor can attach specific criteria to the award with the understanding that both the scholarship and research committees will distribute all of the money awarded to their programs by the CANERS Trustees, even if criteria of specific awards cannot be met. For example, if a scholarship says that it must be given to a student of pomology and no such student applies, the money is distributed to a worthy industry candidate as best determined by the Scholarship Committee.

The chairmen of both the Scholarship and Research Committees are members of the CANERS Trustees. They are required to report the activity of their committees and to make formal requests for funding. The CANERS Committee meets once a year in March and conduct investment telephone conference meetings as needed during the year. CANERS has its own investment committee made up of its chairman, vice chairman, treasurer, past chairman, and one-two members at large from the trustees. The treasurer of CANERS is the vice chairman of the California Association of Nurseries and Garden Centers Audit and Investment Committee. The investment adviser of CANERS is Tim Nash, Vice President of Trusco Capital Management, and Omar Bardales, located in Sacramento, serving as CPA.

Click here to download a CANERS Perpetual Award Form.