Why the Scholarship Foundation?
Many community donors have chosen to continue helping deserving students pay for college by leaving a gift to the Scholarship Foundation of St. Joseph County.
- We are the oldest and largest St. Joseph County organization dedicated solely to raising and awarding funds for college scholarships. Since our founding in 1958, we’ve awarded in excess of $5.1 million dollars in scholarship aid to local students attending four-year colleges and universities across the country.
- We are incorporated as a 501 (c) (3) non-profit organization.
- Being good stewards of our gifts, our volunteer board oversees the professionally managed Endowment Fund. The Foundation has two paid staff members. Our board uses the 5 percent rolling average of the Endowment as the basis for scholarship awards each year. The Endowment is carefully managed to ensure that scholarships will be available for many years to come.
- In addition to a renewable scholarship, students also have a mentor each of our students is assigned a mentor from our board of directors.
Transfers of stock, charitable remainder trusts, annuities and insurance policies are just some of the options available for donors. Please contact Steve Thomas (574 259-0522) at the Foundation for more information.