1.Projected Number of Scholarships and Amount(s): As the Fund grows in assets through investment or further additions, the donor's advisory committee or JCF Board will be empowered to increase the number of awards and amount.
2. Criteria for Selection and Eligibility: The criteria to be used in selecting scholarship recipients from a fund established at the Community Foundation must be based on criteria that are appropriate to accomplishing the underlying purpose of the scholarship fund as described in the agreement creating such Fund. Community Foundation Board members will work with donors to establish Funds that fulfill the donor's charitable goals and feature clear selection criteria.
A. Scholarship Awards
For Scholarship Awards, such criteria may include, but are not limited to, the following: prior academic performance, performance of each applicant on tests designed to measure ability and aptitude for educational work; recommendations from instructors for such applicant and any others who have knowledge of the applicant's capabilities, additional biographical information regarding an applicant's career, academic and other relevant experiences, financial need and conclusions which the grant selection committee may draw as to the applicant's motivation, character, ability or potential. Criteria may also include the applicant's place of residence, past or future attendance at a particular school, past or proposed course of study or evidence of his or her artistic, scientific, or other special talent. Preference may be given to applicants of a particular sex, race, ethnic background or religion so long as such preference does not violate public policy.
Recipients of Scholarships must be (1) secondary school students; (2) undergraduate or graduate students at a college or university who are pursuing studies or conducting research to meet the requirements for an academic or professional degree; or (3) students - whether full time or part time who receive a scholarship for study at an educational institution that provides an educational program acceptable for full credit toward a bachelor's or higher degree, or offers a training program to prepare students for gainful employment in a recognized occupation and it authorized under federal or state law to provide such a program and is accredited by a national recognized accreditation agency and all Scholarship Awards must be used for tuition and related expenses at an educational institution described in IRC $170(b1aii), i.e., such institution must normally maintain a regular faculty and curriculum and must normally have a regularly organized body of students in attendance at the place where the
educational activities are carried on.