The Southborough Scholarship Committee convened on April 3, 2025, to discuss the establishment of a new scholarship in memory of Stephanie Ranieri. The committee members unanimously voted to create the scholarship, which aims to support students demonstrating a commitment to their community and peers.

During the meeting, a motion was made to finalize the scholarship's purpose, which was accepted without any objections. The committee also authorized Brian Ballantine to manage the scholarship's financial transactions, following the established protocol used for other scholarships in the town.

In terms of financial management, the committee debated investment options for the scholarship funds. It was decided to place the funds in a simple money market account, minimizing risk compared to more volatile investment options. This decision aligns with the management strategies of existing scholarships.

The meeting concluded with a review of the minutes from the previous meeting, where minor edits were discussed and approved. The committee's actions reflect a commitment to honoring Stephanie Ranieri's legacy while supporting future generations of students in Southborough.