By establishing a named scholarship fund invested with Dickinson’s endowment you provide an enduring stream of scholarship support to assist current and future generations of Dickinson students.
How can I establish a named endowed scholarship fund?
A minimum gift commitment of $50,000 (payable over 5 years) is required to establish a named endowed scholarship fund. A signed gift agreement establishes the name of your scholarship and ensures that your gift will be used as intended. If desired, the agreement can include information from you on the inspiration for the creation of this fund and its importance. A College Advancement development officer will assist you with drafting and completing your fund agreement.
To establish your scholarship please contact Brian Falck at 800-543-3809 or email@example.com.
How can I make a planned gift or provide provisions through my estate to establish a scholarship fund?
There are many ways to create a scholarship fund at Dickinson through planned gifts or a bequest. Please contact Joe Martellaro, director of planned giving, 800-543-3809 or firstname.lastname@example.org.
Learn more about planned giving at Dickinson.
What Makes my scholarship gift to Dickinson’s endowment different from annual giving?
Scholarship gifts made to the annual fund are spent in their entirety helping to support the college’s current financial aid budget and the need of our current students.
Once your named scholarship fund is fully vested with the college’s pooled endowment, the investment income generated from the fund not only provides support for the college’s financial aid budget today, but also the future. Your named scholarship becomes part of Dickinson’s living legacy of philanthropy established by alumni and friends with the foresight and generosity to invest their gifts with the college in order to provide lasting support to meet the needs of the college.
Many donors who create named scholarship funds also support the Dickinson Fund.
What is Dickinson’s endowment?
The purpose of Dickinson’s endowment is to provide a dependable source of income to support the needs of Dickinson College today and in the future. Charitable gifts invested with Dickinson’s pooled endowment are managed with two main objectives: 1. To provide a predictable stream of income to support the purpose of your designated fund; and 2) to ensure that your historic gift (the fund principal) grows at a rate that maintains its value over time accounting for inflation. The fund principal of your charitable gift is not spent. Income to the college is provided through investment returns on the gift principal over time.
Learn more about Dickinson’s endowment.
Learn more about scholarship giving.