Named Scholarships or Program Funds
A named fund is a wonderful way to honor a loved one or recognize a donors' commitment to the institution. A named scholarship or program fund may be either current-use or endowed and can be designated to virtually any area within the District that aligns with the donors' philanthropic interests.
A named current-use fund may be established with a minimum gift or pledge of $5,000. These funds provide immediate funding for the scholarship or program that the donor wishes to support.
A named endowed fund may be established with a minimum gift or pledge of $20,000. These funds are invested in order to provide a steady stream of funding in perpetuity. A named endowed fund is the perfect vehicle for donors who are interested in leaving a lasting legacy with the RCCD Foundation.