What are examples of separate endowments?
There are several areas in which separate, named endowed funds may be established: Endowed Scholarship $25,000 Endowed Academic Venture Fund $250,000 Endowed Faculty Chair $1,500,000 Endowed Scholarships Scholarships allow Augustana to meet one of its highest priorities: to attract and welcome a body of high-achieving students who represent America’s diversity and promise. For many of these students, scholarships make the difference in their decision to attend Augustana over another school. A donor may establish a separate scholarship fund in his or her own name or in the name of someone he or she would like to honor or memorialize. A donor may also express a preference for a particular major or field of study, or recipients meeting certain criteria, such as students from a particular geographic area. Establishing such criteria ensures that from year to year the scholarship will be awarded and put to its intended use, and that it will be available to the widest possible pool of qualifi