Many donors have chosen to establish scholarship funds at the Hudson Community Foundation to memorialize a loved one, honor an alma mater, or for a specific purpose.
Now more than ever, a college education is crucial to success in life. With rising tuition costs, many young people don’t have the resources required to earn a college degree. Setting up an educational scholarship fund can be a meaningful way to give back to your community or to honor a loved one.
Creating a scholarship fund with the Hudson Community Foundation (HCF) offers students critical help. Your scholarship fund can reflect your family name and values. You decide the criteria for the scholarship. Set up is quick and easy. HCF scholarship funds have the ability to accept a wide array of asset types and you can take immediate and maximum tax deductions.
You can use your IRA required minimum distributions to create your scholarship fund tax-free!
Contact us today to learn more about establishing your scholarship fund and helping empower youth with opportunities and fulfilling your charitable goals.