When considering a gift to the Cambridge-Isanti Dollars for Scholars Foundation, you may want to designate your gift for an endowed or unendowed fund in your name, or in memory of a loved one.  An endowment of $20,000 will provide an annual scholarship of $1,000.

Endowments provide perpetual support. The principal of the gift is invested and the income is used as an enduring source of support. In this way, an endowment can dramatically increase the value of your contributions. Unendowed funds allow you to make an immediate impact.

Depending on what is being endowed, the gift amount for endowments may vary. For example a scholarship can be endowed with a minimum of $10,000.  The funds are invested by the Cambridge-Isanti Dollars for Scholars Foundation, which has been managing and investing private gifts since its founding in 1990.

To learn more about the many benefits of creating an endowed scholarship please contact us.