Many donors find the creation of a scholarship fund within a community foundation the simplest and most cost-effective alternative to a private fund.
By creating a Scholarship Fund, the donor is able to define the scholarship’s guidelines for candidate selection and award use. Donors may choose to fund scholarships that benefit a particular educational institution or field of study. Scholarship Funds requirements may be as broad or narrow as the donor wishes to make them.
If you would like to establish a new Scholarship Fund, please contact us. We will be happy to answer any questions that you have.