Ways to Give
Establishing a scholarship fund at Philander Smith College is a wonderful way to help deserving students meet their educational goals. The types of scholarship funds are listed below and a Scholarship Data Form is available by contacting the Office of Institutional Advancement at (501) 370-5378.
Endowed Scholarship This is a permanent and perpetual scholarship fund which can be created with a gift or gifts totaling at least $25,000. The principal of the fund is invested to produce income, and scholarships are awarded using a percentage of the interest. An endowed scholarship fund may begin with less than $25,000; however, regular contributions can be added to the fund over a three-year period to reach the minimum endowment level. The first scholarship award potentially may be made one year following the attainment of the minimum endowment level, depending upon the amount of interest available. The scholarship also may be a way to honor or memorialize an alumnus, faculty/staff member, student, family member, or others who may have a special connection to Philander Smith College.
Non-Endowed Scholarship This is a scholarship fund in which the donor contributes the award amount annually. Contributions can be added to the fund by the initial donor and/or others who may wish to contribute to the fund (i.e., family, friends, employers, etc.). The scholarship may be established in the name of an individual, family, company, organization, or group. This scholarship also may be a way to honor or memorialize an alumnus, faculty/staff member, student, family member, or others who may have a special connection to Philander Smith College.
Both endowed and non-endowed scholarships typically are named in honor of an individual, family, organization, or group, as well as in memory of a loved one. A benefactor may establish and name a non-endowed scholarship fund with a minimum gift of $1,000.
We appreciate you for your interest in establishing a scholarship fund at Philander Smith College. You may complete the Scholarship Data Form , to begin the process of establishing a Scholarship Fund at the College. Please feel free to call the Office of Institutional Advancement, if you have questions or need assistance (501) 370-5378.
Naming a Building, Division, School, or Institute on the campus of Philander Smith College is an outstanding tribute to a benefactor who has made a significant contribution for that purpose. The minimum required for these multi-million dollar gifts will vary.
Endowed chairs and professorships are created to attract and retain highly qualified faculty. These permanent funds are invested to produce income which can be used to supplement the salary of the chair holder or distinguished professor. A benefactor may name and/or endow a chair or professorship with the a minimum gift of $ 1,000,000 and $500,000, respectively.
Scholarship contributions can be made to an existing fund, without a minimum requirement.
For more information regarding these giving opportunities, please contact Dr. Shannon Fleming, Vice President for Institutional Advancement, at (501) 370-5378 or e-mail him at email@example.com.