Through the Philadelphia Foundation, you can highly customize the scholarship’s purpose.
We offer four different scholarship types. Options include funding learning at a specific school or for a particular major, being part of a committee that reviews applicants, and having us manage the entire process from creating applications to sending payment.
All of our scholarship funds are endowed, meaning they are distributed in a way that allows them to provide scholarships forever.
Sample Fund Agreements for Endowed Funds
- Advised Scholarship Fund Agreement – Committee actively recommends recipients.
- Designated Fund Scholarship Agreement – College or school selects recipients based on established criteria.
- Managed Scholarship Fund Agreement – We administer awarding of scholarship: marketing, application and coordinating committee that accepts recipients.
- Organizationally Assisted Scholarship Fund Agreement – We review criteria with school or college to make sure candidates meet criteria.