are Cranberry Legacy Endowment funds named?
benefactor of a fund establishes the name. You can establish it in your own
name or choose to name it for a friend, family member, or organization.
are the levels of Cranberry Legacy Endowment scholarship funds?
Legacy Endowments, we recognize endowed scholarships at several levels and
encourage benefactors to continue contributing to their scholarship fund. We recognize scholarships at: Legacy:
$10,000, Heritage: $25,000, Pillar: $50,000, Legend: $100,000 and higher. A
$10,000 scholarship will typically yield about $500 a year to the student.
Cranberry Legacy Endowment distribute Annual Scholarships?
Cranberry Legacy Endowment only handles scholarships which are supported by an
endowment. However, we will handle annual distributions if an endowment is
being started and built up to become a Legacy Scholarship.
want to endow a scholarship directly to our high school, college or university
instead of Cranberry Legacy Endowments, but will you still recognize it?
recognize only scholarship established directly with Cranberry Legacy
are the selection criteria established for the scholarship I am establishing?
aid in establishing the scholarship criteria by expressing your intentions for
the award. The Cranberry Legacy
Endowment will draft the scholarship criteria according to your specifications
and present it for your approval.
are Cranberry Legacy Endowment scholarships awarded?
availability of scholarships for current students are announced by local high school and college guidance councilors who collect the applications. Typically, a school-based
selection committee will review each application and select the most deserving
recipient(s) based on the donor’s criteria. Legacy scholarships specific to Butler County Community
College which are available to incoming freshmen may be awarded by the BC3 Admission
I receive notification when a student is awarded the scholarship?
be notified annually when the recipients of your scholarship have been
selected. You will be informed of their names and hometowns, as well as the
amount of the award and status of the fund.
For additional information, please contact a representative of Cranberry Legacy
Endowment at firstname.lastname@example.org
As with all investments, trust and gifts, we recommend that you seek
professional counsel for up-to-date tax laws and estate planning that will best
suit your needs. All information
provided in this website is intended to illustrate the concept behind each
investment. No promises or guarantees of returns are being made.