Establish a Scholarship

The Community Foundation manages one of the largest community-based scholarship and interest free educational loan programs in the country.  Through the generosity of many donors the CFWM administers over 125 scholarships and 2 interest free educational loan programs.  In 2016, over 750 students throughout the Pioneer Valley benefitted from this generosity.

These scholarships support students seeking access to the opportunities offered by higher education and play a substantial role in providing an educated citizenry. Many scholarships are named to honor or memorialize a loved one or colleague.  Some of these help students from a particular school or area; others provide financial assistance to those pursuing a specific field of study; still others assist students that are most in need. Scholarship awards are reviewed by volunteer committees and approved by the Trustees. Awards are made subject to availability and to the policies of the Community Foundation. These policies are available for review upon request.

Below are answers to frequently asked questions about establishing a scholarship fund.

How do I establish a scholarship fund?


What are the required minimums to establish a scholarship fund?


What if I wish to make a scholarship gift of a lesser amount?


How are funds invested?