The Watauga County Community Foundation was established to serve the needs of local nonprofit organizations, donors and charitable causes. The Watauga County Community Foundation is an affiliate of the North Carolina Community Foundation. 

John & Ruth Blue Scholarship Endowment 
This fund provides scholarships to graduates of a high school in Watauga County or Watauga County residents graduating from the North Carolina School of Science and Math, the North Carolina School of the Arts, or any other school for academically gifted students. 
 
Patricia M. and Michael J. Cade Endowment 
This fund supports the programs of the Watauga Humane Society.
 
The Children's Playhouse Endowment
This fund supports The Children's Playhouse.

Church of the Holy Cross Endowment 
This fund supports the Church of the Holy Cross in Valle Crucis, NC.
 
Armfield and Rachel Rivers Coffey Memorial Fund 
This fund supports the Watauga Humane Society and also the Watauga County Community Foundation.
 
John E. Cooper, III Memorial Scholarship Endowment 
This fund provides scholarships for high school graduates who are employees of the Mast General Store or the children of a Mast General Store employee. 
 
Wayne D. Duncan Appalachian State University Faculty Enrichment & Teaching Fellowship 
This fund provides a fellowship award to those faculty members who have demonstrated extraordinary dedication and excellence in performing their duties as teaching members of the faculty.
 
Margaret Gragg Scholarship Endowment 
This fund provides scholarships for females graduating from Watauga High School. 
 
Mary Banks & F. Gwyn Harper Scholarship Fund 
This fund provides scholarships for graduates of Blowing Rock or Watauga County high schools.
 
Haysi High School Class of 1961 Memorial Scholarship 
This fund provides scholarships for students graduating from Haysi High School in Virginia.
 
High Country Recreation Foundation Endowment 
This fund supports the programs of the High Country Recreation Foundation. 
 
High Country Watermedia Society Endowment 
This fund supports local art organizations throughout the geographic area known as the High Country. 
 
Bill Horn Scholarship Endowment 
This fund provides scholarships for graduates of Watauga County High School.

Hospitality House of Boone General Endowment Fund
This fund supports the Hospitality House of Boone.

John Knapp Memorial Scholarship Endowment 
This fund provides scholarships for high school graduates or equivalents who are the child or spouse of a Watauga County area law enforcement officer. 
 
Dora S. and V. B. Mast Education, Conservation and Charitable Fund 
This fund benefits general charitable purposes in Watauga County.
 
Martha Mathes Endowment 
This fund supports general charitable purposes. 
 
Mountain AIDS Support Endowment 
This fund supports AIDS education and organizations that support AIDS patients or programs in the Watauga County area. 

Oasis, Inc. Endowment 
This fund supports the work of Oasis, Inc., located in Boone, NC, which provides shelter and support for abused women. 
 
Lan O'Loughlin Personal Achievement Award 
This fund supports graduating seniors from Watauga High School in Boone, NC.
 
Parent to Parent Endowment Fund 
This fund supports the Parent to Parent Family Support Network of the High Country, which provides support to families who have children with disabilities or chronic health concerns and to families with grief due to the death of a child.
 
Gene L. Reese Scholarship Endowment 
This fund provides scholarships for high school graduates who are pursuing dental auxiliary careers from counties represented by the Tarheel Dental Study Club members (Ashe, Avery, Mitchell or Watauga counties). 
 
Rumple Memorial Presbyterian Church Scholarship Endowment 
This fund provides scholarships for a candidate for the ministry who is under supervision and care of the Presbytery with an aim toward work as director of Christian Education, in the mission field, or in a church vocation. 
 
Valle Crucis Community Park Endowment 
This fund supports the Valle Crucis Community Park whose mission is to preserve wild and agricultural open spaces, to protect the natural habitat for indigenous wildlife and to monitor the water quality of rivers and streams.

Watauga Education Foundation Endowment Fund
 
This fund supports projects that benefit all students, improve graduation rates, support the arts and other enrichment activities, support teacher initiatives, provide scholarships or increase public participation in public schools within Watauga County.
 
Watauga Legacy Fund
This fund enables the Watauga County Community Foundation to respond to changing community needs and to enhance the quality of community life within the county through annual grants to local nonprofit organizations. 

Doc & Merle Watson Museum Fund 
This fund supports Cove Creek Preservation and Development and the Doc and Merle Watson Museum, which is housed in the historic Cove Creek High School Building.

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