Thanks for your interest in supporting the CSUF Center for Entrepreneurship. As a self-sustaining outreach center at CSUF, the Center for Entrepreneurship diversified income streams enable it to provide subsidized services to entrepreneurs around Southern California, and on a pro bono basis to CSUF students.
Consider a donation to the Center---your donations help center help others. Or, create a living legacy in your name with a scholarship for a talented student.
As a self-sustaining outreach center at CSUF, the Center for Entrepreneurship diversified income streams enable it to provide subsidized services to entrepreneurs around Southern California, and on a pro bono basis to CSUF students. A significant amount of that support comes from donors who believe in the Centerís mission and derive satisfaction from the many entrepreneurs and students we assist.
Creating a scholarship is a wonderful gift for the entrepreneurs of the future. Scholarships provide hope-giving assistance to students, which is especially important in this year of exceptional need when the resources of students and their families are stretched tight. The students who benefit from the scholarship will go forward in life with an education and the knowledge that a kind person helped them along the path to getting their degree and starting their career. You may want to start a scholarship at the Center of Entrepreneurship to honor the memory of a beloved relative, or to create your legacy at CSUF.
The first step is to determine whether you would like to establish an "endowed" scholarship or an "annual" scholarship:
Endowed scholarship are designed to be permanent and perpetual, and can be created with gifts totaling a minimum amount of $25,000, contributed in full at the outset or with an initial commitment that is added to over time until the endowment level of $25,000 is attained. The principal of the endowment is invested to produce interest, and the interest creates the annual award to the student(s) the principal remains untouched, so the endowment will last into perpetuity.
Annual scholarships are established with an outright gift of $1,000 or more. An annual commitment for four years is recommended, and the annual gift is awarded to recipients over the four-year period. Unlike an endowed scholarship described above, an annual scholarship is not a permanent fund and is awarded only as long you (or others) choose to contribute to the fund.
As a scholarship donor, you choose the name of the scholarship as well as the criteria. The Center staff is available to help you create the criteria for your scholarship. Endowed and annual scholarships in Mihaylo College of Business and Economics at CSUF are awarded to deserving students based upon your choice of criteria, which include area of interest, leadership potential, merit, financial need, academic achievement and/or other criteria.
Typically, a Mihaylo College selection committee carefully reviews the scholarship applications submitted by students and selects the most deserving recipient(s) based on the donor-established criteria.
Scholarship contributors are notified annually when the scholarship recipients have been selected,
and are informed of the name of the recipient. Recipients often write a thank-you note to the donor,
and in some cases, the recipient and donor are able to meet.
An outright scholarship gift in the form of cash or appreciated securities will allow you to receive immediate tax benefits in the year you make the gift. In the case of appreciated securities, you may also avoid capital gains taxes.
You can also provide for your scholarship in your estate plans. Estate gifts or planned gifts are an easy way to establish a scholarship without affecting your current income or assets.
For more information on establishing a scholarship, please contact the center.