The provisions of The Hodson Trust allow the trustees, in their sole and absolute discretion, (1) to offer financial assistance to qualified descendants of Levin Hodson (b. 1772, d. 1809) or any widow of such descendant, who may be necessitous, and (2) to make loans and grants for educational purposes. Educational loans would be interest-free. Only descendants of Levin Hodson who are less than twenty-four (24) years of age are eligible for consideration for educational loans and grants to assist in securing a high school, classical, professional, or vocational education. Should you or your children need financial assistance, you may wish to apply to the trustees under these provisions.
Financial assistance, and educational loans and grants, will not be awarded except in cases of demonstrated financial hardship. If you wish to be considered for grants or loans from the Trust, you must send the trustees a written request for financial assistance, specifying whether you are requesting a grant or a loan. In either case, the trustees will require (1) copies of your filed 2014 and 2013 federal income tax returns (including copies of all W-2s, 1099s, K-1s, etc.), (2) a copy of your birth certificate, (3) a copy of your marriage certificate if you are married, (4) a copy of your children’s birth certificates if the request is for them, and (5) any other documentation demonstrating the need for the requested assistance.
In addition, you must complete the financial aid form of a nationally recognized processing service (which the trustees will forward to you upon receipt of your initial inquiry) and return the form to the trustees. The trustees will forward the completed form to the processing service which will issue a report to The Hodson Trust after approximately six weeks. The trustees will then evaluate the data and will give their answer to your request, which may be favorable or unfavorable, in the trustees’ sole and absolute discretion.
Please direct all correspondence to:
Trustees of The Hodson Trust
P.O. Box 2205
Wilmington, DE 19899-2205
If you have any questions, call Eileen D. Dickey, Grant Administrator of The Hodson Trust, at 302-429-9427.
BY ITS TERMS, THE HODSON TRUST TERMINATES ON NOVEMBER 19, 2022. ACCORDINGLY, AFTER NOVEMBER 18, 2022, NO FURTHER FINANCIAL ASSISTANCE OR EDUCATIONAL GRANTS TO THE DESCENDANTS OF LEVIN HODSON SHALL BE MADE, AND THE MAKING OF NEW EDUCATIONAL LOANS SHALL NECESSARILY CEASE WELL IN ADVANCE OF THE TRUST TERMINATION DATE.