Creating a Scholarship/Scholarship Fund

Donors interested in promoting educational opportunities for students may establish a scholarship with the option of choosing either an Advised Scholarship Fund or a Discretionary Scholarship Fund. This may be a preferred opportunity to honor a community organization or remember a family member with a memorial scholarship. The Foundation helps with the oversight role by awarding scholarships and by administering all scholarship/scholarship funds.

The donor(s) decides on the guidelines and criteria. Scholarships may support any level of education and may be based on the school the student is attending, his/her chosen field of study, financial need, academic achievement, community service, etc. Also to be considered is whether the scholarships will be used for items such as tuition and/or room and board.

Creating a scholarship/scholarship fund is one way to create a legacy that will help students know the importance of an education as the donor leads by example, a role model in our community.

Please contact our office if you have any questions or if we can help you establish a fund that provides you with maximum tax deductions.

 

Guidelines

The donor(s) will decide how to define the scholarship fund. The following guidelines may serve as examples of possible options when a donor is considering the establishment of such a fund with the Warren County Community Foundation.

Criteria for Applicants

The applicants for the scholarship would usually meet some or all of the following criteria:

  • Be a graduating senior from a high school or be a student at the undergraduate or graduate level.

  • Be accepted to a four-year university or college, a community college, or a vocational school.

  • Show achievement in academics, a minimum GPA, athletic, community service, leadership or character, demonstrate financial need, etc.

  • Have demonstrated superior work in a particular field of study.

Purpose of the scholarship:

  • To give financial support toward the expense of the tuition, and/or room and board.

  • To be awarded as a one-time "lump sum" award or a renewable award if certain criteria are met.

 

*The above guidelines are offered only as items to consider for establishing a specific scholarship fund. The Foundation is an advocate supporting scholarships for deserving students. Please call us if you have additional questions at 765-764-1501.

Want to contribute to an already established fund?

Anyone may contribute to an already established scholarship/scholarship fund. Simply designate the fund to which you wish to contribute on the memo line of your check and send it to:

Warren County Community Foundation

31 N. Monroe St.

Williamsport, IN 47993

 

To pay with a credit card or PayPal, you are invited to donate online with the use of our Donate Now button below. Be sure to write the name of the scholarship/scholarship fund to which you are donating in the Purpose of Donation box. Gifts can be given at any time in any amount.

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