Giving to a Scholarship Endowment

Kelly Guyen with Linda Brinkworth and Phyllis Bennett
Phyllis Bennett (right) and daughter Linda Brinkworth (middle) are two scholarship donors who are helping Kelly Nguyen (left) follow her dreams. Photo by Brandon Snider.

A Scholarship and Award Fund is a permanent endowment that offers a simple and enduring way to help students further their education. The Oklahoma City Community Foundation administers more than 200 scholarship endowments, awarding $1.6 million to more than 600 students annually.

Fully-endowed scholarship
By establishing a fully-endowed, uniquely-named scholarship, you have the ability to designate eligibility requirements including education level, field of study, geographic area, etc.

  • Minimum initial balance of $40,000. This amount can be accumulated over time and come from more than one donor.
  • Permanent endowment fund allowing you to award 5 percent annually through scholarships.
  • Earns investment returns.

Supporting scholarship
You may also establish a named fund that supports scholarships awarded through our existing Trustee Scholarship Initiative programs. These awards will adhere to the program’s pre-determined eligibility requirements.

  • Minimum initial balance of $20,000.
  • Permanent endowment fund, awarding 5 percent annually through the Trustee Scholarship Initiative.
  • Earns investment returns.

Give to an existing scholarship
To find an existing scholarship that meets your charitable goals, review our Scholarship Directory of more than 200 scholarship funds. By making a gift to any of the scholarships we administer, you can help ensure that award amounts increase to meet rising education costs.

  • Make an online gift and specify the fund name in the online giving form.
  • Mail your gift to the Oklahoma City Community Foundation, PO Box 1146, Oklahoma City, OK 73101.

Types of Gifts
Gifts to scholarship funds at the Oklahoma City Community Foundation can be made in many ways. By using assets other than cash, you can make a significant gift without impacting your current lifestyle. We even offer giving options that provide fixed payments back to you during your lifetime.

  • Include a gift in your will or trust.
  • Name the Oklahoma City Community Foundation as one of the beneficiaries of your retirement account or life insurance policy.
  • Make a gift of appreciated securities, land or personal property.
  • Use your annual required minimum distribution from your individual retirement account to make a tax-free IRA charitable rollover gift.

Contact us
To learn how we can help you with any of these gifts to scholarship funds, contact Megan Hornbeek Allen at 405/606-2917.

View our Scholarship & Award Fund Policy Statement