Scholarship Fund Creation

This scholarship award is being established by *

An individual, couple or family An organization or company

Organization or Company Name, if applicable

Primary Donor or Contact Name *

Prefix First Name Last Name

Additional Donor Name, if applicable

Prefix First Name Last Name

Address (will be used for mailing fund statements and other correspondence) *

Street Address

Street Address Line 2

City State / Province

Postal / Zip Code

Preferred Email *

example@example.com

Preferred Phone Number *

Area Code Phone Number

Phone Type

Fund Name *

Ex: Mary Jones Memorial Fund; Generous Company Fund for Education; Smith Family Scholarship Fund

Students who receive this scholarship... *

Must have been enrolled in a PUBLIC school only Can come from either a PUBLIC or PRIVATE school

Arlington residents with a high school equivalent degree are eligible for award.

Is this award renewable? *

Yes No

Renewable awards imply a 4-year commitment and require sufficient fund balance to support the full amount of the future awards.

Does the student need to have demonstrated financial need? *

Yes No

Are there other criteria that should be considered? Please note that the more specific the criteria the more difficult it will be to make an award each year. *

Ex: Participated in a particular sport or club, majoring in a particular subject area, interest in music, etc.

Would you like the fund to provide more than one award annually? (Only available to those who support renewable scholarships.) *

Yes No

What is your goal for the number of students selected?

Scholarship awards must be at least $1,000 annually. If your fund grows to a size that supports more than $1,000, the Foundation will do one or more of the following: increase award amount, select more students to receive awards, allow for renewals from your fund. If it is possible and practical, these changes will be discussed with the fund's main contact. *

This policy works for me. I'd like to discuss this in more detail.

Please provide any additional background information or goals you have for the fund that are not included above:

The Arlington Community Foundation gives you several options for investment of your donated funds. Please choose one. *

Growth The asset allocation for this investment option is approximately 65 percent equities, 10 percent real estate securities, and 25 percent fixed income. The objective is to grow the principal while providing some current income. This investment option is best suited for a fund with a long term investment horizon. There is greater exposure to equity market risk than to interest rate risk or credit risk. Balanced The asset allocation for this investment option is approximately 50 percent equities, 10 percent real estate securities, and 40 percent fixed income. The objective is to provide a balance between current income and growth of principal. This investment option is best suited for a fund that desires an income stream and growth of principal through some exposure to the equity market. There is exposure to equity market risk, interest rate risk and credit risk. Conservative The asset allocation for this investment option is approximately 30% equities, 5% real estate and 65% fixed income. The objective is to provide income with modest growth of principal. This investment is best suited for funds that desire an income stream and modest growth potential through limited exposure to the equity markets. There is exposure to both equity and market risk and interest rate risk. Fixed Income The assets for this investment option are invested in funds containing government-backed fixed income securities, mortgage-backed and asset-backed securities, as well as investment grade and high yield corporate bonds. The objective is to provide current income while attempting to preserve principal. This investment option is best suited for a fund that desires a current income stream and no exposure to equity market risk. There is exposure to interest rate risk and credit risk, which can result in either appreciation or depreciation of principal. I'd like to speak with someone for more detail about these options before making a selection.

When you click submit, this information will be transmitted to the Community Foundation and a copy will be sent to the email you provided above. This information will be used to create a fund agreement for your signature to establish the fund. A contribution(s) to fund the new account can be made at any time.

You will receive a draft fund agreement for review within 3 business days of submitting this form.

Scholarship Fund Creation

Scholarship Criteria

Select an Investment Portfolio for Your Fund

You're All Set!