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DISCRETIONARY SCHOLARSHIP ENDOWMENT FUND AGREEMENT BETWEEN COMMUNITY FOUNDATION, INC., AND (DONORS) THIS AGREEMENT (the Agreement) is made and entered into as of, 20, by and between Community Foundation,
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Students pursuing higher education who require financial assistance to cover tuition fees, books, or living expenses.
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Discretionary scholarship endowment fund is a fund set up by an organization to provide scholarships to students based on criteria determined by the organization.
Organizations that have established a discretionary scholarship endowment fund are required to file it.
Discretionary scholarship endowment funds are typically filled out by providing information about the fund's purpose, criteria for awarding scholarships, investment strategy, and financial information.
The purpose of a discretionary scholarship endowment fund is to provide financial support to students pursuing higher education.
Information that must be reported includes the fund's balance, investment performance, scholarships awarded, and any changes in fund policies.
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