Establishing a Scholarship
Individuals and chapters may establish designated scholarships. Such scholarships may be restricted to a general field of study or for members of a specific chapter. A scholarship is eligible to distribute awards when the donation balance in the fund reaches $25,000.
To establish a scholarship:
Send a letter indicating the intent to create a scholarship to the Chief Executive Officer of the National Foundation.
A letter of agreement will be sent to the individual/chapter outlining the requirements:
- a contribution to establish the scholarship
- a minimum balance of $25,000 within a five year period
- contributions, interest and expenses will be credited to the fund
- when interest over expenses generates at least $250, the scholarship can be awarded
For additional information on making gifts of property, securities, life insurance, acknowledging the Alpha Sigma Tau National Foundation, Inc. in your will, endowing a scholarship or employer donation matching, please contact the Foundation.