How much funding does Scholarship Grants provide?

Funding amounts vary. Check the grant details for specifics.

When is the deadline for Scholarship Grants?

This grant has a rolling deadline or the deadline has not been announced.

Scholarship Grants

CATHOLIC FOUNDATION OF MICHIGAN

Foundation Grants for Education

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Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

Scholarship Grants

Status: Active

Purpose: Support promising and deserving students by assisting them with the cost of their education

Eligibility:

Individuals, organizations, and companies can establish scholarships

Can honor or memorialize a loved one

Scholarships can be established by donors with specific criteria

Fund Management:

The Catholic Foundation manages the fund

Award distributed directly to the school on behalf of recipient(s)

Once established, anyone can contribute to a scholarship fund

Types of Scholarship Funds:

Tuition Assistance Funds - Permanent funds holding principal in perpetuity, invested for benefit of particular purpose

Scholarship Funds - Can be directed to specific populations or needs as donor designates

Minimum Establishment Amount: $10,000 for tuition assistance endowment

Existing Examples:

Amazing Catholic Educators

Additional funds available for contribution

Contact: 248.204.0332 or Info@CatholicFoundationMichigan.org

Address: 1145 W. Long Lake Road, Suite 201, Bloomfield Hills, MI 48302

How to Apply

How to Establish a Scholarship Fund

1. Contact the Catholic Foundation team to discuss your scholarship intentions
2. Complete the Scholarship Fund Application
3. Establish fund with minimum gift of $10,000
4. Work with Foundation staff to determine scholarship criteria and recipients
5. Fund can specify particular populations or needs
6. Provide donor name (or request anonymity)
7. Once established, others can contribute to grow the fund

Required Materials:

Scholarship Fund Application

Minimum $10,000 gift

Specifications for fund use (if desired)

Ongoing Process:

Catholic Foundation manages investments

Annual distributions made to school(s) according to donor wishes

Fund grows and makes annual distributions perpetually

Support Available:

Staff consultation to develop scholarship criteria

Guidance on establishing endowment

Financial management and reporting