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ESTABLISHING AN Endowed Scholarship
Partially Endowed Scholarship
• Established with a contribution or pledge of $20,000
• This scholarship allows Cor Jesu to offer partial tuition remission annually
• 5% of the Endowed Scholarship balance is awarded annually to one student
How Are Scholarships Started & Completed?
Endowed Scholarships can be made with a single gift, or they may begin with a seed gift of $5,000 or more, and an agreement to complete the endowment over time.
Endowed Scholarships may be completed through recurring giving, or through a will bequest or other estate plan provisions. Gifts may be in the form of cash, appreciated securities, property or through a Donor Advised Fund.
*All gifts to the Endowment Fund are tax-deductible.
SEMI-ENDOWED SCHOLARSHIP
• Established with a contribution or pledge of $150,000
• This scholarship allows Cor Jesu to offer half tuition remission annually to one student
Fully Endowed Student Scholarship
• Established with a contribution or pledge of $250,000
• This scholarship allows Cor Jesu to offer full tuition remission annually to one student
Benefits of Endowed Scholarships
An Endowed Scholarship provides a personal and permanent way to make a difference in the life of a student and her family. Your investment ensures that you will personally provide a Cor Jesu education for a deserving student and future students. While each Endowed Scholarship is tracked individually, all Cor Jesu Endowment funds are invested together, to realize the benefits of a larger investment pool.
The assets are invested in a fully-diversified portfolio and are part of a disciplined investment program overseen by Cor Jesu’s Endowment Committee. Scholarships are provided by the distributions made from the investment portfolio. Scholarship eligibility at Cor Jesu is determined by a need-based assessment through FACTS Management.