Endowment Scholarship

Endowment Scholarship

This scholarship can be established with a minimum commitment of $50,000. Because the gift amount is restricted and remains in perpetuity, only the revenue from the endowment supports annual scholarships. The donor may designate which type of student he/she would like to sponsor; i.e. from a single parent home, of a certain ethnic group, homeless children, adopted children, etc. As an endowed scholarship, the amount available depends upon the gift amount. For example, a $50,000 gift would provide one $2500 scholarship each year to a student*.

CommitmentEst. annual scholarship funds availableApproximate number of annual scholarships @ $2500 each
$1,000,000$50,00020
$500,000$25,00010
$250,000$12,5005
$100,000$5,0002
$75,000$3,7502 ($2,500 and $1,250)
$50,000$2,5001

*Assumes a return of 5%. Actual amounts may vary.