Scholarship Funds
In creating a Scholarship, you invest in your community's future and show students you care. The Community Foundation provides the expertise to help you meet your personal goals and awards scholarships to deserving students. Your gift can help students - from preschool to postgraduate - achieve their lifetime dreams.
How it Works
- You make a gift to The Community Foundation - you can give cash, appreciated stocks, real estate, or other assets.
- We set up a scholarship in your name, in the name of your family or business, or in honor of any person or organization you choose.
- You receive tax benefits in the year your gift is made.
- Our professional staff helps you to determine eligibility requirements for the scholarship you establish - whether they are based on a student's field of study, academic achievements, extracurricular activities, financial need, background, or geography.
- We handle all the administrative details - and award scholarships to deserving students in the name of the fund you establish. Alternatively, an outside selection committee may choose the recipient.
- You receive updates on the impact your gift is making in our community.
- Your gift can be placed into an endowment that is invested over time. Earnings from your fund are used to make grants addressing scholarship needs. Your gift - and all future earnings from your gift - is a permanent source of community capital, helping to do good work forever.
More Benefits
You can create a scholarship as a memorial to someone special, selecting eligibility criteria that exemplify that person's goals and values. Or, you may use it to express your educational values - or those of your family or business. Depending on your preferences, the scholarship you establish can support any area of academic need, including tuition, room and board, and books. Our professional staff tracks performance to ensure students continue to meet the terms for scholarship support. If the scholarship you establish is renewable, you can review updated information on the progress of recipients over the years. You may even elect to meet these students - something many donors find rewarding. The Community Foundation provides a simple, powerful, and highly personal approach to giving. We offer a variety of giving tools to help you achieve your charitable goals.