What happens to Scholarship Fund donations that are not immediately paid out in scholarships?
Donations to the Scholarship Fund that are not immediately used for scholarship payments are placed in the permanent Scholarship Trust Fund. The Trust Fund was established because most dependents of Iraq and Afghanistan casualties, who will ultimately qualify to receive a Freedom Alliance scholarship, are quite young and are years away from attending college. The sad fact is that roughly seventy-five percent of the casualties in Afghanistan and Iraq are under the age of 30. These heroes leave behind thousands of young children who will not be of college age for decades. We are proud that we have reserved more than $15 million in our permanent Trust Fund for scholarships for these young children for when they are of age. It is our goal to maintain this permanent Trust Fund so that we may continue to confer scholarships on these children years from now.
