Point Foundation provides an opportunity to donors to designate a scholarship with a "Name" that recognizes and acknowledges a specific source, whether it be the donor, an individual or institution they wish to honor.
It can be funded in the form of a single donation or with an initial donation of $25,000 with a signed pledge to provide the additional $75,000 over the next three years at the rate of at least $25,000 per year.
If you choose, Point Foundation will work with you to craft a Named Scholarship which can include the following: designated college or university, specific field or level of study, or residential origin (e.g. a scholar either coming from or studying in a specific city or state). However, Point encourages the broadest and least amount of restrictions possible to ensure proper and timely selection of a student.
For more information about Named Scholarships, please contact Heather Varian at (212) 512-5339.
For examples of some of our Named Scholarships, click here.