Endowment

What is an endowment?
An endowments is a permanent "trust" account established by a donor. A total commitment of $15,000 will create an endowed scholarship, but may begin with a $1,000 contribution. For each multiple of $15,000 in a named endowment, a scholarship will be awarded annually in perpetuity. The Foundation bears fiduciary responsibility for management of endowment funds. A formal investment policy provides for both growth and expenditures.

How do I fund an endowment?
Donations are accepted in the form of outright contributions, support of special events such as the annual Golf Tournament or StarGala, memorials or honorariums. A donor has seven years to complete their commitment and activate their endowment. If the donor is unable to complete the $15,000 commitment within seven years, their gift will be transferred to the Foundation Fund.

How do I establish an endowment?
It is easy to establish an endowed scholarship in your name, in the name of your business or in honor of someone you love. By doing so, an annual scholarship will be given in perpetuity to a student who meets the requirements of your scholarship. Representatives of the Lone Star College Foundation will work with you to execute an endowment agreement, designed with or without criteria (stipulations, demographics, college or colleges attended, academic standing, academic programs, etc.). An endowment full-funded by December 31 will be awarded for the following academic year.

YES! I wish to establish an endowment.

View the List of Our Endowments