Foundation, Inc. was established in 1965 by Mrs. Besse Hauss Helms and
her husband, Walter B. Helms, for the purpose of aiding worthy students
in the Auglaize and Allen County, Ohio area to continue their education
past high school.
Mrs. Helms was the
majority shareholder of The Telephone Service Company of Wapakoneta,
Ohio and at her death in 1967 she provided that, after certain income
provisions for her husband, sisters and brother, her shares in that
Company would belong to the Foundation. Mrs. Helms, though childless
herself, had a keen interest in young people and a concern that they
receive the education required to accept the challenge of a changing
society. Mr. Helms shared this interest and concern and together they
sought to have their personal wealth aid those whose financial need made
it impossible or impracticable to continue their education past high
school. When Mr. Helms died in 1969 he left substantially all of his
estate to the Foundation.
Foundation, Inc. is a non-profit corporation directed by a Board of
Trustees. The Board of Trustees has established certain criteria for
the determination of recipients of Foundation grants and rules and
regulations concerning the payments of grants. All applicants for
Foundation grants are required to familiarize themselves with the rules
and regulations of the Foundation.