Support Continues to Grow at College
In the 2005-2006 academic year, the College distributed 379 scholarships and awards, with a total dollar amount of $1,129,686. New funds included a generous gift from Joanne and Chester Lewis, who contributed $200,000 toward a scholarship fund.
Other new funds include:
• Heart to Heart Hustle
• Equine Complementary Orthopaedic Therapies
• Equine Emergency and Critical Care
• Neil M. Chur Equine Reproduction (pending)
• PVM Student Education Enrichment
• Dr. Ross M. Wilkins Limb Preservation Endowment (pending)
• Dr. Sandra M. Wing Veterinary Medicine Scholarship
• Jean S. and Warren G. Walker, DVM, Family
Creating New Scholarships and Charitable Funds
Several ways exist for alumni, friends, corporations, associations, and organizations to create scholarships, fellowships and charitable funds at Colorado State University.
Expendable Fund
Expendable funds are used to create annual scholarships, fellowships and research support. A minimum gift of $1,000 opens a named expendable fund account.
Pending Endowment Fund
Pending endowment funds eventually become true endowment funds for scholarship use or other purposes when gifts total $25,000. A fund may be a pending endowment for a period not to exceed five years, with all earnings reinvested during the five-year period. If $25,000 is not accumulated through gifts and interest earnings within five years, the pending endowment becomes an expendable fund.
Endowment Fund
If you wish to establish an endowment, your gift will create a perpetual source of funding for scholarship use. The principal of the endowment remains intact, while earned income is used to support student scholarships or other programs as per your wishes. A minimum gift or combination of gifts totaling $25,000 establishes a named scholarship for restricted use. |
