How do donors impact scholorships?2021-11-18T20:06:02+00:00

Here at the High point Community Foundation the scholarship piece is a key part of our mission as we see education being one of the critical needs in our community.  Scholarships serve as a catalyst for personal and professional growth which translates into self-sufficiency which ultimately impacts economic development.  It’s the perfect intersection of altruism and good business sense, we view our scholarship program Scholarship as an investment in our future and we are proud to serve in this role for our community.

“Education is critical to our community! It empowers, inspires, and most of all equips us to live lives of independence, self sufficiency, and service.”

Amanda Bennett,
Director of Donor Services & Initiatives, HPCF

High Point Community Foundation Scholarships

J Howard Coble Scholarship

A dedicated public servant to his constituents and having served as North Carolina’s 6th District Congressman for 30 years, J. Howard Coble was a statesman committed to making NC a leader in education.  With education at the forefront, Howard Coble’s nephew, Dr. Ray Coble and his wife Chris created a scholarship fund with the Foundation in honor of Congressman Coble.

Draelos Science Scholars Program

Drs. Zoe & Michael Draelos have a passion for science and have both enjoyed successful careers in research and gastroenterology.  When they considered how they wanted to share this passion with a  younger generation of growing scientists and give back to the local community, they came to the High Point Community Foundation.

High Point Central Class of 1960

The High Point Central High School Class of 1960 Scholarship Fund was established in 2010 by Dr. Richard Carmichael, Tom Kester, and Ellis Baker to represent the High Point High School Class of 1960. The Class of 1960 is passionate about creating a permanent resource for deserving students of High Point Central who have the ability to pursue higher education, but not the funds.

Odelle Peacock Marsh Scholarship

Odelle Peacock Marsh initiative this scholarship in 2018 to help give rising graduates the opportunity to go to college. Odelle was a strong advocate for public schools and served on the local school board. Her son, Jim Marsh, has continued this legacy in her name to benefit students at High Point Central High School.

Scholarship FAQ

How are scholarship decisions made?2021-11-30T18:44:37+00:00

The donor is required to assemble a committee where the majority of the committee cannot be family related. The committee makes all final decision on the recipient of the scholarship.

How do I create a fund?2021-11-30T18:53:26+00:00

Creating a fund is simple. You can begin the process by sending an email to the Director of Donor Services or by calling the Foundation at 336.882.3298. Amanda Bennett will guide you through a simple process based on your charitable goals and objectives.

How are payouts made for scholarships?2021-11-30T18:48:15+00:00

The Foundation pays scholarship grants directly to the educational institution for the use of the scholarship recipient.

What expenses qualify for scholarship?2021-11-18T20:02:09+00:00

Tuition and fees for enrollment and attendance. Course-related expenses – fees, books, supplies, and equipment required of all students for courses of instruction.

Is there a minimum size for a fund?2021-11-30T18:49:21+00:00

Yes, the minimum amount to start a scholarship fund is $25,000.

What do private foundation rules require, and how should community foundations apply the rules?2021-11-30T18:51:08+00:00

Private foundation rules further provide that people charged with selecting scholarship recipients must not be in a position to derive an economic benefit, directly or indirectly, from the scholarship process. In general, relatives of applicants should not serve on committees that will consider these requests for aid. However, there may be circumstances in which it is impossible to avoid a conflict (when a scholarship committee is required to include the principal of the local high school and she has a son who’s a terrific candidate for the award). The community foundation should attempt to spot such conflicts in advance and adopt policies to resolve them (for example, allowing the principal to recuse herself from voting that year so that her child can be eligible).

Private foundations have a duty to monitor the spending of the grant and ensure that it was used for a charitable purpose.

Can I set up a scholarship to benefit someone specific to the fund holder (family member, friend, colleague)?2021-11-18T20:03:28+00:00

No. Federal regulation does not allow that.

May a scholarship fund be established through a donor advised fund?2021-11-30T18:54:43+00:00

No. The Pension Protection Act of 2006 prohibits grants to individuals from a donor advised fund.

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