Can I set up an endowed scholarship? What is the minimum gift required?

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Can I set up an endowed scholarship? What is the minimum gift required?

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Endowed scholarship funds may be established with gifts of cash or negotiable securities. Gifts of personal property, real property, and closely-held stock may be accepted only if the Gift Acceptance Committee approves the gift prior to receipt. The minimum amount required to establish an endowed scholarship fund is $32,500; the minimum amount required to establish an endowed award scholarship is $10,000. The minimum amount required to establish an endowment fund, not related to scholarships, is $25,000.

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