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Key Considerations

  • Sponsorship funds must be deposited into an existing foundation fund that supports programmatic or discretionary items.  
    • If proceeds are intended to go to a scholarship, they can be moved over to a scholarship fund at completion of the event/sponsorship timeline. 
  • 5% of all total event sponsorship proceeds must remain in the designated fund.
    • Keep this in mind when developing your sponsorship levels.
    • This money remains in your area’s foundation fund for use, it is NOT a fee from the Foundation.
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FAQs

What is a spendable fund?
A spendable fund is used for things like scholarships, programs, capital projects, lecture series or endowed positions. It may be standalone or linked to an endowment. Every endowment has an associated spendable fund.

Step-By-Step Guide

For Donor-Initiated Funds

  • Review fund creation guidelines above.
  • Once the $5,000 minimum is secured, follow the .
  • The routes to a staff member in the Donor and Volunteer Engagement (DVE) office, who drafts the donor agreeme
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