Scholarship Fund Creation

This scholarship award is being established by*

An individual, couple or familyAn organization or company

Organization or Company Name, if applicable

Primary Donor or Contact Name*

PrefixFirst NameLast Name

Additional Donor Name, if applicable

PrefixFirst NameLast Name

Address (will be used for mailing fund statements and other correspondence)*

Street Address

Street Address Line 2

CityState / Province

Postal / Zip Code

Preferred Email*

example@example.com

Preferred Phone Number*

Area CodePhone Number

Phone Type

Fund Name*

Ex: Mary Jones Memorial Fund; Generous Company Fund for Education; Smith Family Scholarship Fund

Students who receive this scholarship...*

Must have been enrolled in a PUBLIC school onlyCan come from either a PUBLIC or PRIVATE school

Arlington residents with a high school equivalent degree are eligible for award.

Do you intend to make this award renewable for all four years of college?*

YesNo

Renewable awards imply a 4-year commitment and require sufficient fund balance to support the full amount of the future awards at the time the student is selected.

Renewable support for students is an important factor in student persistence toward completion of a degree. There are several options for those who are interested in one-year support. Which of the following best describes you?

I am not interested/able to support a student for four years, so I'd like to discuss options for supporting the Community Scholarship Fund instead. (Funds that support the Community Scholarship Fund can still be separately named.)I would like to discuss this in further detail with a member of Arlington Community Foundation's staff to learn more about the options.I am willing to consider creating a renewable scholarship, but would like more information about how to accomplish this.I understand the importance of consistent support for students with need and am open to creating a renewable scholarship.

Does the student need to have demonstrated financial need?*

YesNo

Are there other criteria that should be considered? Please note that the more specific the criteria the more difficult it will be to make an award each year. *

Ex: Participated in a particular sport or club, majoring in a particular subject area, interest in music, etc.

Would you like the fund to provide more than one award annually? (Only available to those who support renewable scholarships.)*

YesNo

What is your goal for the number of students selected?

Scholarship awards must be at least $1,500 annually. If your fund grows to a size that supports more than $1,500, the Foundation will do one or more of the following: increase award amount, select more students to receive awards, allow for renewals from your fund. If it is possible and practical, these changes will be discussed with the fund's main contact.*

This policy works for me.I'd like to discuss this in more detail.

Please provide any additional background information or goals you have for the fund that are not included above:

The Arlington Community Foundation gives you several options for investment of your donated funds. Please choose one.*

Long-term-The asset allocation for this investment option is approximately 75 percent equities, and 25 percent fixed income. The objective is to grow the principal while providing some current income. This investment option is best suited for funds with a long-term investment horizon. There is greater exposure to equity market risk than interest rate risk.Medium-term-The asset allocation for this investment option is approximately 50 percent equities and 50 percent fixed income. The objective is to provide a balance between current income and growth of principal. This investment option is best suited for a fund that desires an income stream and growth of principal through some exposure to the equity market.There is exposure to both equity market risk and interest rate risk.Short-term-The asset allocation for this investment option is approximately 35% equities and 65% fixed income. The objective is to provide income with modest growth of principal. This investment is best suited for a fund that desires an income stream and modest growth through limited exposure to the equity markets. There is exposure to both equity market risk and interest rate risk.I'd like to speak with someone for more detail about these options before making a selection.

When you click submit, this information will be transmitted to the Community Foundation and a copy will be sent to the email you provided above. This information will be used to create a fund agreement for your signature to establish the fund. A contribution(s) to fund the new account can be made at any time.

You will receive a draft fund agreement for review within 3 business days of submitting this form.

Scholarship Fund Creation

Scholarship Criteria

Select an Investment Portfolio for Your Fund

You're All Set!