Scholarship Funds are endowed or non-endowed funds that are invested either for long or short term. Scholarship Funds may be established to provide an educational scholarship for a specific interest. Scholarships can support any level of education, and may be directed toward students who are graduates of a particular grade or high school, students planning to attend a particular secondary or post-secondary school, students in a particular field, or students from a certain geographical area, etc.
Please note that the OCF does not provide tax, legal or accounting advice. This material is prepared and made available for informational purposes only and is not intended to provide or be relied upon for tax, legal or accounting advice. Every donor should always consult a tax professional to determine his or her particular tax benefits and other consequences that may result from any particular type of gift to charity.