What is an endowed scholarship?
Endowed scholarships are funded by individuals, families, foundations, or other organizations through a minimum gift of $10,000. Endowed scholarships may be set up for a specific purpose, and may be named to memorialize or honor an individual, family, or organization.
Endowed scholarships are awarded from the earnings and investment income from the initial principal gift, allowing the endowment to continue in perpetuity. Additional funds may also be added to the endowed scholarship at any time. Endowment funds are invested by the university’s Investment Committee based on recommendations of the Board of Trustees and financial advisors.
How can I start an endowed scholarship?
Once you have decided that you would like to establish an endowed scholarship, please contact Cheryl Roth at email@example.com or 863-667-5088 so that we can meet with you to discuss the process, answer your questions, and provide you with everything you need to get started.