Scholarships

#LUCOM #LUCOMACOP #LibertyMedicine LUCOM-ACOP sponsors "Austism: 101".

#LUCOM #LUCOMACOP #LibertyMedicine
LUCOM-ACOP sponsors “Austism: 101″.

Community Foundation for Rockbridge, Bath and Alleghany administers scholarship funds to assist capable and deserving students based on the criteria established by fund donors. All awards are subject to the availability of funds. Specifics of the Foundation’s scholarship program are subject to change from time to time. If you have any questions or need additional information, please contact Lori Turner at (540) 463-0943 or lori.turner@cfrba.org.

 

It’s easy to be a part of changing someone’s life for the better. By starting a permanent scholarship fund with us (e.g. the Jane M. Doe Scholarship Fund) you can help people for generations to come attend college and honor a loved one by naming the fund for them.

Here are a few simple steps to get you started:

1. Talk with us and share your ideas for helping others achieve their educational goals. You also should talk with your attorney, accountant or other professional advisor.

2. If a scholarship fund is right for you then you will need to decide whether to make a current gift with assets you have today or use your will for a bequest or other future gift.

3. You will also need to decide the criteria for scholarships recipients. Perhaps it is the college they will attend or a certain field of study. We can help you select criteria that works well.

4. Complete an agreement with The Community Foundation for Rockbridge Bath and Alleghany.

5. Make an irrevocable gift of at least $10,000 or arrange for a future gift through a bequest or other estate plan.

6. When we receive your gift to start the fund, we will sign the gift form and return a copy to you along with an acknowledgement letter that will serve as your official receipt. Please retain this letter for your tax records.

(Note: Regardless of the number of distributions from your fund, you need only this one letter for tax purposes.)

7. We will be happy to let you know the names of students who receive scholarships from your fund or to arrange for you to meet them in person.