When a donor establishes an endowed scholarship fund, only the interest is used each year to grant scholarships to qualifying students. Because the original endowment gift is never spent, an endowed scholarship fund can benefit students for many years to come. I value my time thus far at USF as one of the best learning and growing experiences God has given me. I thank you for the assistance and continuing support you provide for our students. You truly are a tool in God s kingdom.
Many families choose to establish endowed funds in memory of a loved one.
Other donors arrange to set up an endowed scholarship as part of their estate plan . Your gift of any size can be added to an existing endowed scholarship fund so the fund can benefit more students. Perhaps you d like to add to a fund that benefits students in your major or students who come from your state. Or, you may want to give to a fund established in honor of a relative or favorite faculty member.