Endowed Funds
Because endowed scholarship funds are perpetual and predictable, these funds will benefit generations of Messiah College students and enable the College to plan more strategically for the future. In addition, endowed scholarship funds are set aside and kept separate from operating and capital fund accounts. The principal of the fund remains intact while the investment income provides much-needed support each year. You can be sure that your endowed scholarship will be secure and that the terms of the agreement will be carefully followed.
Endowed scholarship funds are often named for the person or family who establishes the fund, or for someone who they wish to honor or memorialize. In addition, you may tailor the purpose of the scholarship to benefit a specific area of interest. Donors also enjoy opportunities to correspond and meet with the students who benefit from the scholarship.
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Named Scholarship Endowment
- International Student Scholarship Fund
International students are as enriched by their experiences at Messiah as others are enriched by their global perspectives and cultural backgrounds these students share with the College community. The quality education that international students receive at Messiah equips them to work and serve in unique ways in the world. Many return to their native countries to apply what they've learned at Messiah College.
For more information, contact Robert Brown ’82, CFP at 717-796-5051 or toll free at 1-800-215-5433.
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A minimum contribution of $20,000 is required to establish an endowed scholarship fund.
Fund it now: You may establish an endowed scholarship fund now through gifts of cash or securities. This option will enable you to enjoy watching your fund grow and benefit current Messiah College Students.
Fund it later: If it not feasible to establish an endowed scholarship fund now, you may wish to consider these possibilities:
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Make a bequest from your will
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Establish a charitable gift annuity
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Form a charitable gift
- Designate Messiah College as a beneficiary of IRAs or insurance policies
Fund it now and later: You may want to fund your endowment over a period of years and still benefit current students. In this case, your yearly contribution will be split between principal and a current pass-through award. A pass-through award is immediately available for student financial aid. For example, if you make a yearly gift of $5,000, $4,000 could go to principal and $1,000 could serve as a pass-through award. At the end of year five, the scholarship fund would be fully endowed.
Example
| 1 |
$5,000 |
$4,000 |
$1,000 |
| 2 |
$5,000 |
$4,000 |
$1,000 |
| 3 |
$5,000 |
$4,000 |
$1,000 |
| 4 |
$5,000 |
$4,000 |
$1,000 |
| 5 |
$5,000 |
$4,000 |
$1,000 |
| Total |
$25,000 |
$20,000 |
$5,000 |
A variation of this pass-through option would be to make arrangements through your estate to establish an endowed scholarship fund while also funding current pass-through awards. |
