Most frequent questions and answers
We expect to complete our review of applications and begin scheduling interviews in March of 2021. If your application does not make it to the interview round, you will be notified by the Foundation by mid-March 2021.
First and foremost the emphasis is on investing in future generations of scholars by supporting their academic and career goals and second, by paying for a comparable scholarship grant for two persons, who are not related to you by blood, adoption, or marriage, during your lifetime. The commitment is to fund the cost of tuition (at that time) of an education comparable to that which you have received from the Foundation.
No. The intention of the foundation is to fund the education of unrelated persons.
Tuition is paid directly to your college or university.
No, not at the time of application. However, applicants are required to send a copy of their acceptance letter before any award is given.
The scholarship only covers tuition. Fees, room, board, books and other expenses that are not tuition, will be the scholar’s responsibility.
Scholars can either fulfill their pledge by directly selecting and funding the scholars of their choice or making a donation to the Foundation. As far as “paying it forward” to the Foundation, scholars can contribute regularly or intermittently until their commitment is fulfilled. While the Foundation does not have any mechanism to collect on the pledge, applicants are assessed on their character as it relates to their intention to fulfill their pledge.
Potentially. Scholars may be able to receive a tax deduction by making their contribution directly to the Foundation but are then unable to determine who receives the scholarships. Alternatively, scholars can select what college or university or unrelated person receives their contribution but then are likely unable to receive a tax deduction. Please consult your tax advisor regarding your particular circumstances.
First and foremost, the emphasis is on investing in future generations of scholars by supporting their academic and career goals and second, by pledging to pay for a comparable scholarship grant for two persons, who are not related by blood, adoption, or marriage, during the scholar’s lifetime. This moral commitment is to fund the then current cost of tuition at the same level of education was received from the Foundation. For example, if a scholar receives a grant equal to 50% of their tuition costs, then, at the time they “pay if forward”, they need to determine the cost of a comparable education from their college or university and make contributions equal to 50% of that tuition cost.