SCHOLARSHIP FUNDSSCHOLARSHIP FUNDS

Create a Donor Advised Scholarship Fund in your name or in honor of another, and designate scholarships for any level of education, from preschool to postgraduate studies.

The Foundation offers two types of scholarship funds – Designated and InFaith Community Foundation Administered.

Donor Advised Designated Scholarship Fund

Create a scholarship fund administered through a designated college, university or seminary. For high school scholarship fund options, please consult with foundation staff.

Gift Minimum: $5,000 per educational institution.

Guidelines for Donor Advised Designated Scholarship Fund

InFaith Community Foundation Administered Scholarship Fund

Create a customized scholarship fund administered by the foundation.

Gift Minimum: Varies according to complexity, typically $500,000 or more.

Guidelines for InFaith Community Foundation Administered Scholarship Fund

To discuss your options, please contact a Gift Planner via email or call 800.365.4172.


ONE DONOR'S STORY

The Donor
A retired man wished to provide support to future Lutheran pastors.

His Gift
The donor created a Donor Advised Designated Scholarship Fund with a gift of cash. Through this charitable fund, annual grants are distributed to Luther Seminary for the purpose of scholarships. The selection of recipients is made at the discretion of Luther Seminary.

It Adds Up
*Assumes single gift of $10,000, 5% grant distributions, 8.3% investment return, 1% administration fee and no additional gifts