Endowed Renewable Scholarships
Donors who wish to create a legacy celebrating or memorializing a loved one, may establish an Endowed Renewable Scholarship that, for a donation of $125,000, is structured to award a named scholarship for an anticipated minimum of 30 years.
To establish the endowment, a donor will notify WOASF of their intent to fund an endowed scholarship. Once notified, the foundation will establish a standalone account to contain the funds, and it will be named as the donor desires.
Donations to an endowed scholarship can be made in any amount and the scholarship will be considered “fully funded” when the account value reaches $125,000. Donors will have a maximum of five years to reach this goal.
WOASF will not fundraise for any specific endowed scholarship but will
advertise all endowed scholarship funds in the WOASF newsletter and on the WOASF website.
For more information on our Endowed Renewable Scholarship Program contact Andrea Diamond at email@example.com or call 757-228-3314.
Current Endowed Renewable Scholarships
- Ross and Deidre Myers Scholarship
- Wendell and Doris Rodgers Scholarship
- WOASF Founders Scholarship
- LT Paul R. Fridley, USN Memorial Scholarship