Establishing Scholarships

Many of us have been blessed with marvelous educational opportunities. Thanks to the generosity of someone who came before us, we were able to realize our potential. You, also, can help improve the lives of the students of tomorrow.

The Community Foundation of Greater Fort Wayne is proud to manage nearly 80 scholarship funds for students. In 2006, we awarded approximately $1 million in scholarships to students, ranging from $250 to $25,000.

Establishing a scholarship fund is a common charitable goal for many individuals and organizations. Scholarships are viewed by many as an investment in the future. For some donors who may have received scholarship assistance in the past themselves, establishing a scholarship fund is an opportunity to help other students in a similar way. It's a wonderful way for donors to "give back to the community" in recognition of their appreciation for their education.

The Community Foundation of Greater Fort Wayne makes it easy for donors and organizations to establish scholarship funds by providing administrative assistance to help manage the fund. We can help you establish the fund, develop selection criteria, and distribute grant applications in the community.

Most scholarship funds at the Community Foundation are permanent endowments, with the annual earnings used to provide the scholarships.

The Community Foundation can also administer scholarship funds established through wills or trusts. Financial advisors working with donors interested in this type of bequest should make their clients aware of the Community Foundation scholarship program as an option for administration of scholarships for a wide range of educational purposes.

For additional information on our scholarship program, call us at 260-426-4083.

Take the steps to establish a scholarship fund to honor your parents, a former teacher, or someone who influenced your life. Or, make a gift to an existing scholarship fund. Either way, you'll be helping to provide opportunities for the students of tomorrow.

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