Establish a Scholarship
You want to pay it forward. CSF is here to help.
You know how critical a post high school education is for each and every person as well as for Greater Cincinnati as a whole. And you want to help. At the Cincinnati Scholarship Foundation, we make this process easy for you.
You do not have to be wealthy in order to transform lives! There are several ways in which we help donors just like you to establish scholarships:
Annual Scholarship Fund
Scholarship Endowment Fund
Donors who want their scholarship to live on indefinitely choose to establish a scholarship endowment with us. This is held in an investment account and the annual scholarship amount is based on a three-year rolling average of the principal and interest and pays out 5% of the fair market value of the entire endowment without dipping into the principal. For instance, if you give the minimum required to establish an endowment, $50,000, then the annual payout for that endowment would be approximately $2,500 a year. The longer the endowment is invested, the larger the total amount grows.
There are many ways to fund a scholarship at CSF. Click here for the various ways you can make gifts and save on your taxes!
Advantages of setting up a scholarship at CSF
Because CSF is a non-profit organization, we do not assess any fees other than a 15% operational fee per scholarship awarded – no matter how large your fund or endowment becomes. We do not pass along banking and investment fees to our donors.
Because we are local, we have and are developing relationships with students, donors, high schools, universities, companies, and other community non-profit organizations to provide as much assistance as possible so our kids can get the education they deserve.
All gifts made to CSF are tax deductible.
We pride ourselves on being donor-centered. We will work with you throughout the entire scholarship process, helping you make decisions about selecting eligibility requirement, name of your fund or endowment, annual scholarship amounts, ways in which to fund the scholarship…anything you need we are here. We are accessible to you, the donor, anytime you need us.
Please contact CSF and we will give you everything you need to make this decision. You can call us at 513-345-6701 or e-mail us at info@cincinnatischolarshipfoundation.org.
