Scholarship funds are created to acknowledge the legacy of or to honor the memory of a loved one. If you would like to create a new fund, Chelsea Education Foundation can work with you to plan and develop your new fund. Scholarships may be funded through an investment account (which builds over time and draws interest) or through annual contributions to fund the scholarship each year. Based on your wishes, we will assist in the composition of a new fund agreement letter so that we can administer the fund in accordance with your intentions as the years go by. When you establish a new scholarship fund, you’ll want to think of a name/title for the fund, the criteria for scholarship recipients, and the service level you are expecting from the Foundation (i.e. select recipient, promote the fund, etc.).
If you are interested in establishing a new scholarship fund, please send an e-mail to email@example.com.