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Who’s On First? Developing & Managing Endowed Scholarship Funds

The October issue of University Business features a new article from vice president Kathy Kurz.  Who’s On First? Developing & Managing Endowed Scholarship Funds discusses the importance of keeping clear communication between the stakeholders involved in endowed scholarship funds, and the role those endowed funds can play in providing aid efficiently and effectively.



Kathy writes:


Given the multiple goals and multiple players involved in developing and managing endowed scholarship funds, there are lots of opportunities for communication gaps, poor service, and less than optimal use of the funds. In an ideal world, endowed funds and annual gifts given for scholarship support would be used to take the place of unfunded aid in the offers made to students, freeing unfunded (and therefore unrestricted) resources for other purposes. However, many institutions are not able to achieve this efficient outcome for a number of reasons...

Read more here...

To receive more information about how to best use endowed funds to support institutional goals, we invite you to call our office at 585-381-1120, or to contact us through our website.

10/01/2010