Hello, Listers!
We have a donor who is interested in creating an endowed fund that will
award funds to pay down student loans after the student has graduated. I
have heard from the fundraiser that this has been done at other
universities. Has anyone out there dealt with this? If so, how did you
justify supporting the mission of the University by awarding AFTER
graduation? Is anyone able to share some of the wording you've used for
agreements such this as well as any advice for how to do it well or avoid
pitfalls?
Thank you!!
--
Mandy L. L. Smith
Director of Gifts and Records Management
Development & Alumni Relations
Virginia Commonwealth University
PO Box 842026
111 N. Fourth St.
Richmond, VA 23219
(804) 828-0348
mlsmith4@vcu.edu
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