Endow a Scholarship
Establish Your Legacy
Establish your legacy in honor of a family member, favorite faculty member or mentor.
A minimum investment of $25,000 is required to establish an endowed scholarship fund; there is no maximum investment. A donor may take up to five years to build a scholarship to the endowed level. However, the fund does not earn income, nor will awards be made, until the fund is fully endowed (balance reaches $25,000) and the fund has time to realize earnings (typically one to two years).
Many donors who choose to endow a scholarship through a multi-year pledge also choose to provide an annual gift for scholarships while the endowment is maturing; this is recommended, as students would immediately benefit. Currently, scholarship awards are made based on an annual rate of 4.0% of the endowment’s spendable base.
For more information on how to establish a scholarship or add to an existing scholarship, please contact the Office of Institutional Advancement at 904-819-6437.
Recipients of the Elton and Sue Morgan Tennis Scholarship with representatives Walter and Martha Shinn