Funding a scholarship is a great way to directly changes lives through education while giving you the opportunity to connect with today’s students. Scholarships can be unrestricted or restricted and are often times named after the donor, a loved one or mentor.
Annual scholarships are renewed each year by the donor. The minimum gift to establish a named annual scholarship is $1,000 per year.
Named endowed scholarships are established with a minimum gift of $25,000. A set percentage of the endowment value, usually a portion of the annual income earned, is used to fund scholarships. A named endowed scholarship lasts forever and is an effective way to help strengthen the future of Bloomfield College and its students in the long term.
Contact us at 973-748-9000 x293 or firstname.lastname@example.org to learn more about establishing a named scholarship.
Bloomfield College is a 501 (c) (3) tax-exempt organization. Gifts made through the Bloomfield College Fund are deductible for federal income, gift, and estate tax purposes.