What are they?
Through this type of fund, a group of people collectively makes recommendations, using an objective set of criteria, about which individuals to support through scholarships. The committee advising this type of fund may determine the criteria and selection process for scholarships. The members of the committee do not have to be donors to the fund. However, all members of the committee have an equal voice in selecting grant recipients.Or, donors can choose to support the general scholarship programs of the Marin Education Fund.

Highlights

• MCF staff can help your clients design scholarship criteria.
  
  
• Scholarships can be established in honor or in memory of a loved one, or named for someone and/or their family.
  
  
• Your clients will make a permanent impact on the lives of the recipients, who in turn are likely to continue the tradition of helping others when they get older.
  
  
• They can provide funding now or plan for gift from your estate.
  
  
• Starting a scholarship fund is easy. And, we take care of all the administrative details.
  
  
• The fund may be established as an endowment (ensuring that scholarships are awarded in perpetuity) or as an expendable fund (which enables your clients to make awards from their fund of any size at any time).

For more information about how MCF can partner with you to serve your clients, send us an e-mail or call Aviva Shiff Boedecker, director of gift planning, at 415.464.2516. You may also want to request a copy of You Have a Partner: An Introduction to the Marin Community Foundation for Professional Advisors. This guide provides an overview of the many ways we work with advisors to help them meet their clients' charitable needs.