Interested in Starting a Scholarship?
The Elkhorn Public Schools Foundation administers scholarships on behalf of families, businesses, and organizations. Our standardized process makes it easy for donors to award scholarships to Elkhorn Public Schools’ seniors to help them with college expenses. Please see below for frequently asked questions from prospective scholarship donors.
| Frequently Asked Questions | “In & Out” Scholarship | “Endowed” Scholarship |
| When is the deadline to finalize paperwork to create a new scholarship fund? | October 1st | October 1st |
| How will I fund my scholarship? | Annual Donations | Large Initial Donation |
| How much money must I contribute to my scholarship fund to get it started? | $ amount to be awarded in the 1st year | $50,000 or more |
| What is a typical scholarship dollar amount? | $500-$5,000 | $5,000-$10,000 |
| Will my scholarship fund be eligible for matching funds from the Foundation? (1) | Yes | Yes |
| Will my scholarship fund earn net investment income/loss? | No | Yes – pro rata share of profit or loss net of third-party investment fees. |
| Will I be charged an administration fee by the Foundation? | No | Yes – 1% of the fund’s December balance is deducted from the fund. |
| Who will select my scholarship winner? | Objective committee members selected by the Donor | Objective committee members selected by the Donor |
| When do selection committees review online applications and select winners? | February 15th-March 23rd | February 15th-March 23rd |
| When are Scholarship Winners announced? | The last week of April at the Foundation’s Scholarship Ceremony | The last week of April at the Foundation’s Scholarship Ceremony |
| When must the Foundation receive my initial donation to my scholarship fund? | May 1st | May 1st |
(1) The Foundation will match up to $5,000 of donations made to a newly established scholarship fund within the first year of its inception. This is a one-time opportunity, and there is a limit of two unique scholarship funds per donor. The one-year window starts the date that the Scholarship Agreement is signed.
Interested in taking the next step? Our Scholarship Team would love to meet with you either over the phone or in person at the Foundation office to walk through our process and start you down the path to creating a Legacy of Giving! Email Genice Chochon at gchochon@elkhornfoundation.org to set up an appointment or request a Scholarship Interest Packet.
