Endowments
Creating an Endowed FundWhen you establish an endowment fund, you’re creating a legacy by awarding an ongoing scholarship in your name to a deserving student. Plus, you’ll receive a tax deduction since all donations to the Education Foundation are a charitable contribution.
The below chart indicates the scholarship amount your investment generates. InvestmentScholarship Award $10,000 $500 $15,000 $750 $20,000 $1,000 $30,000 $1,500 $40,000 $2,000 For more information on setting up an Endowed Scholarship Fund, please contact Connie Fedor, Executive Director WRA Education Foundation at 800-589-3211. |
Want to know other ways on how you can GET INVOLVED with the WRA Foundation? |
Established Endowment Funds
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FAQs
Endowment contributions help fund the 40+ scholarships awarded to students pursuing a food-related degree.
All contributions are welcome and help support future food industry leaders!
Yes! These would be considered a "pass-through" scholarship for a specific year.
Absolutely! Contributions can be made each year until you have established the minimum endowed fund of $10,000. Or if you’d like to increase your current endowment fund, you can make additional contributions which would increase your scholarship awarded.
Donor's may request the recipient be a student from a specific part of the state or attend a specific college. If there is no qualified applicant that meets the donor's desired criteria, however, the scholarship will be awarded to a qualified student from another area.