FY24 Campaign Volunteer Handbook - Flipbook - Page 22
5
Campaign Matches
Endowment funds are created by gifts where donors stipulate that the
principal be maintained in perpetuity, and invested for the purpose
of producing present and future income. The Boise State University
Foundation prudently invests these gifts to generate a steady, reliable
money flow that we call the payout.
This payout is then made available to students as scholarships. The
minimum gift for an endowed scholarship is $25,000, which generates
an annual award of approximately $1,000.
Many donors who pledge to establish, or enhance, an endowed
scholarship schedule their payments over five years. However, the
minimum gift commitment must be received before Boise State can
make the first scholarship award.
With the Bridge Program, donors can see the impact of their
philanthropy immediately while enhancing the University’s ability to
provide future scholarships to deserving students.
Scholarship Naming Opportunities
Named Presidential Level Scholarship
•
Donor Commitment: $200,000
•
Foundation Bridge Match*: $8,000/year for four years
•
Recipient Criteria: Merit-based, 3.5 minimum GPA, full-time
students, may be renewed for four years and restricted to
college/school/department
22 | Campaign Volunteer Handbook