|
How to Establish a Scholarship Fund
Scholarships keep education accessible. Every day, hard-working and deserving students enroll at Lane to better their life. Many could not pursue their dreams without scholarship support. Their success depends on you, our donors.
Shining Star Scholarship Fund - This unrestricted annual scholarship benefits students in all areas of study from performing arts and athletics to pre-engineering, nursing or diesel technology. Each department has its own Shining Star scholarship to award. You may designate which department receives your donation.
Annual Named Scholarship - Annual named scholarships are established on a yearly basis and can be renewed. The minimum gift is $1,000. This minimum dollar amount represents one-third the current cost of one year’s tuition at Lane. These scholarships are awarded each year the donor renews the gift. They may be restricted for a specific degree program or major. The fund is not permanent nor does it participate in the foundation’s investment program.
Endowed Scholarships - A scholarship endowment is similar to a savings account or an investment account. The earnings from the fund are used to support a scholarship, but the principal of the fund remains untouched. The endowment fund thus provides scholarship support for students in perpetuity. Endowments can be created with either a gift or pledge of $25,000 or more. Pledges can be paid over five years.
Scholarship Criteria - Donors to endowed scholarships or annual named scholarships may stipulate criteria for selecting recipients with such determinants as financial need, academic excellence, enrollment in a specific program, or residency. The criteria should be flexible and general to guarantee the widest possible pool of applicants.
The Foundation is responsible for the selection of scholarship recipients within the criteria stipulated by the donor.
Lane Community College Foundation
Where your donation dollar does more
Help the Lane Community College Foundation make the dream of a college education a reality for hundreds of additional students by donating to scholarships by March 31, 2010.
The Challenge - The James F. and Marion L. Miller Foundation will donate $1.5 million to scholarships to the 17 community colleges in Oregon. As the second largest post-secondary educational institution in Oregon, Lane’s share of that amount is $150,000.
How it Works - The Miller Foundation will match up to $150,000 in “new” or “increased” scholarship donations to Lane’s Foundation.
Our Goal - Last year donors contributed $643,399 for scholarships. Our goal is to raise $793,399 for scholarships by March 31, 2010.
Next Step – Make a Gift - Donate now! Make your contribution online at www.lanecc.edu/foundation (click on the gold “Give Now” button), call (541) 463-5226, or mail a check to: LCC Foundation, 4000 E 30th Ave, Eugene, OR 97405. Please indicate that your contribution is for scholarships.
Impact - The Foundation received over 2,500 scholarship applications and had funds for only 446 requests during the 2009-10 school year. You can help us meet the Miller Foundation challenge and create hundreds of additional scholarships. Imagine being able to help every deserving student who requires financial assistance.
To give, or for more information on the Miller Foundation challenge, contact the Lane Community College Foundation office at (541) 463-5226 or visit www.lanecc.edu/foundation
Contact: Lane Community College Foundation
4000 E. 30th Ave.
Eugene, OR 97405-0640
Phone: (541) 463-5226
Email: Foundation@lanecc.edu
Every gift makes a difference and brings our students
closer to achieving their dreams.
Thank you for making a difference!
|
