KASF Endowment Information

The KASF scholarships are funded by three major sources:

Funded from the investment income from the KASF scholarship endowment pool.

Chair Scholarships are established through a donation of $30,000 or more by individuals and corporations. A donor may request a specific academic major or a school of choice for the scholarships. An annual scholarship up to $1,000 for each Chair Scholarship account will be awarded in perpetuity. Chair Scholarships may be combined with other scholarships for increased award amounts.

Funded by donors on an annual basis.

Designated Scholarships at $2,000 or more are established to award students in specific academic fields. The contribution can be made either one-time or on a continuous basis. Each student receives $2,000 or more depending on the donated amount. Designated Scholarships may be combined with other similar designated scholarships to increase the amount of the scholarship.

Funded by income from fundraising activities (e.g., Concerts, Golf Tournaments, Banquets, etc.) and contributions from the Board of Directors from each region.

General scholarships are provided by funds generated from various fundraising activities and/or other donations which are made available to students in various academic fields. Each student receives $2,000 or more, depending on the availability of funds.

Endowment Goal

We are currently at $5M and hope to reach $10M.

In order to preserve funds for generations to come, KASF has an endowment fund which is generated through fundraising events and Chair Scholarships established by corporate and individual sponsors. Currently the endowment is managed by TIAA Financial Services.