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Law Educator, Esq.
Law Educator, Esq., Attorney
Category: Business Law
Satisfied Customers: 110543
Experience:  All corporate law, including non-profits and charitable fraternal organizations.
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I, would like to know, how the unencumbered stream of, funds

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I, would like to know, how the unencumbered stream of, funds are, allocated, to scholarships at institutions of higher learning by wealthy couples and groups as well.
Thank you for your question. I look forward to working with you to provide you the information you are seeking for educational purposes only.

Can you please be a bit more specific about your question and give us some background details so we can better answer you?
Customer: replied 3 years ago.

How is it done?

Thank you for your response, but your information provided is quite vague and as you did not explain in much detail I will answer what I believe you are asking.

A person or group can make a gift to a school and make it specific for a scholarship or a grant fund at that school. The donor dictates the terms of the gift and if they do not do so then the school can apportion it as they see fit and use it for what they like. When a donor gives money to a scholarship fund specifically, then each school has terms and guidelines that they set up for giving scholarships and grants.

The donors can also give endowments or gifts for scholarships or grants to be given out under terms and conditions of the donor and in those cases the donors specify the terms attached to their donation and how those funds will be given out and the requirements.

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