Schafer Scholarship Endowment Fund Grant

Schafer Scholarship Endowment Fund Grant

Status: ACTIVE
Funder: Community Foundation of the Fox River Valley
Amount: US $1,000
Last Updated: January 16, 2026

Summary

Overview

Community Foundation of the Fox River Valley The Community Foundation of the Fox River Valley is a collection of individual funds and resources given by local citizens to enhance and support the quality of life in the Fox River Valley of Illinois. We are a tax-exempt public charity that allows individuals, businesses, and non-profit organizations to establish permanent endowments and temporary funds within the confines of one large foundation. Foundation funds are used to provide grants to non-profit organizations and scholarships to area students. The Foundation also hosts a Youth Engagement in Philanthropy (YEP) program, which helps high school students learn more about philanthropy and empowers them to make a difference in the community. The Community Foundation of the Fox River Valley serves the City of Aurora, Kane County, and Kendall County within the State of Illinois. Schafer Scholarship Endowment Fund The Schafer Scholarship Endowment Fund was created to provide scholarships to students pursuing careers in business. “This fund was established in memory of our fathers, Tom Angott and Jerry Schafer both who built successful businesses. Midge and I hope this fund will help students reach their dreams and learn the leadership skills it takes to be successful in business. We are proud of the fact that we have built several successful companies that now allows us to establish the Schafer Scholarship Endowment Fund, in hopes of helping generations well into the future learn the ethical practices of a business.” The monetary value of each scholarship award varies depending upon the amount available in each individual scholarship fund. The most common scholarship award amount is $1,000 for a single year. Scholarships are designated as non-renewable one-year awards or renewable multi-year awards depending upon the scholarship fund criteria, as established by the donor of the scholarship fund.

Eligibility

You can learn more about this opportunity by visiting the funder's website. Graduating high school seniors in the Community Foundation service area are eligible to apply.DeKalbDuPageLaSalleKendallKaneGrundyWillApplicants must maintain a permanent address located within the Community Foundation Scholarship Program service area (a few exceptions apply).