Should I Endow a Scholarship?
If You Would Like to Create a Fund That Will Provide Scholarships to Students for Year's, an Endowed Scholarship Can Be a Great Option. an Endowed Scholarship...
If you would like to create a fund that will provide scholarships to students for years, an endowed scholarship can be a great option. An endowed scholarship requires you to donate a large amount of money. If this is something you're able to do, your money will help a greater number of students.
What does it mean to endow a scholarship?
An endowed scholarship is a donation made to a college that earns interest each year. When you endow a scholarship, you'll give a university, college or local foundation a certain amount of money.
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Do scholarships come from endowments?
Endowments provide stability to scholarship programs because the principal gift is retained to produce income on an annual basis, generation after generation. Only a portion of the annual investment return is used for a scholarship award.
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