The Register-Herald, Beckley, West Virginia

Life!

November 17, 2013

BAF scholarship fund to aid WWHS graduates

Robert L. Kosnoski has long been interested in helping area students access post high school education opportunities. In 2001, he established a scholarship fund at the Beckley Area Foundation for graduates of Woodrow Wilson High School.

The income from this permanent endowment is used for scholarships that help to cover the cost of studies at any type of educational institution beyond high school, including colleges, junior colleges, trade schools or technical schools, provided that the recipient is pursuing a course of instruction that leads to a degree or certificate from an accredited program of study.

In 1993, he endowed the Robert L. Kosnoski Family Trust at The College of West Virginia which later became Mountain State University. Following the dissolution of MSU in 2012, assets held in this endowment were transferred to the Beckley Area Foundation to be added to the existing Robert L. Kosnoski Scholarship Fund.

The total market value of this fund is currently $475,000. As in the case of all BAF endowments, the funds are invested, principal will not be touched and the income will be used to provide scholarships for generation after generation of area students.

Kosnoski is a successful West Virginia business entrepreneur. He presently or in the recent past developed and owned companies in the mining industry as well as support operations related to industrial equipment repair and land reclamation. He has been a leader in the surface mining industry for more than 20 years.

Kosnoski founded Crossroads National Bank in Beckley, and was Chairman of the Board for several years. He also served on the City Holding Corporation Board of Directors.

He was president of both K&N Coals Inc. and Imperial Coal and Construction Co., as well as vice president of Hobet Mining and MyNu Coals from 1967 until 1974.

Kosnoski owned and operated Beckley Stone Co. and Raleigh Stone Ltd. from 1975 until 1989. He operated Mountaineer Seeding and Reclamation, Mountaineer Equipment Sales and Mountaineer Parts and Repair Incorporated from 1968 until 1991. He is currently president of Paint Creek Coal Co., and has been president of Mountaineer Structures, a construction business, since 1976.

In addition to his extensive business interests, Mr. Kosnoski has also served on the Raleigh County Airport Authority Board for several years. He is an experienced pilot. He is a past member of the Board of the West Virginia Foundation for Independent Colleges.

“Bob Kosnoski has been a supporter of many varied community projects,” noted Susan Landis, executive director of the Beckley Area Foundation. “His in-kind support and financial donations have benefited many Raleigh County citizens. The playground at the YMCA soccer complex is but one example of his generosity.”

Application information for this and other scholarships managed by the Beckley Area Foundation can be found online at www.bafwv.org.

For information about starting a named fund or adding to an existing fund at BAF, contact the Foundation at 304-253-3806 or info@bafwv.org.

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