Establish a Scholarship
Funding Amount
Minimum $20,000 balance required; Foundation matches 100% of first $10,000 contributed within 2 years, then 50% of subsequent contributions of $10,000 or less
Deadline
Rolling / Open
Grant Type
foundation
Overview
Establish a Scholarship
Overview: The Robert H. Mollohan Family Charitable Foundation offers a scholarship establishment program that allows families, businesses, and organizations to create custom scholarship funds with Foundation matching support.
- Foundation Matching: 100% match of the first $10,000 contributed within 2 years of initial deposit
- Subsequent Matching: After initial $10,000 match, Foundation provides 50% match of subsequent contributions of $10,000 or less (if fund balance exceeds $20,000)
- Minimum Balance: $20,000 required in order to award a scholarship
- Administrative Fee: Active scholarship funds with balance less than $20,000 at end of fiscal year are charged $250 annual administrative expense fee
Key Features
- Donor Control: Families, businesses, and organizations determine scholarship criteria
- Recipient Selection: Donors can select recipients themselves or defer to Foundation
- Promotion: Foundation will promote all scholarships
- Reporting: Annual report provided at end of calendar year showing fund performance and value
- Contributions: No minimum amount per contribution; can be made anytime by family and friends
- Tax Deduction: All contributions are tax deductible
Fund Management
Geographic Scope
West Virginia, USContact
Robert H. Mollohan Family Charitable Foundation, Inc. 1000 Galliher Drive Fairmont, WV 26554How to Apply
How to Apply
Contact the Foundation directly to:
1. Discuss scholarship criteria and structure
2. Establish the scholarship fund
3. Arrange initial contribution
4. Set up recipient selection process
Required Materials:
Contact Information:
Visit mollohanfoundation.org for contact details or call to discuss establishment options.
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