You may select the recipient for your scholarship. However, the IRS has made a ruling that these awards do not qualify as tax deductible gifts. The Office of Financial Aid can work with you to assure that recipients receive their awards. These funds do not pass through the CU Foundation. Endowment Option Endowed scholarships qualify for tax deductions.
Options vary from bequest arrangements to pledges for annual gifts.
Contributions to an endowed account are invested by the University of Colorado Foundation in an interest-bearing account as soon as they are received. He taught architecture at the University from 1952-1977, and, after retirement, continued to mentor many of his former students. As a result of his research on Italian Renaissance architecture in Tuscany, he influenced the policies governing CU's campus development. Active in community service, he was particularly interested in scholarship programs. The following are a few examples of privately funded endowed scholarships currently awarded to students at the College of Architecture and Planning.