Ways to Contribute
An Endowed scholarship requires a $15,000 minimum contribution and those funds are invested to allow the principal to remain perpetually. A donor may also “grow” into their endowment with installments over a 2-5 year period, and when fully funded, the award can be given thereafter.
The Knoxville Panther Scholarship Foundation maintains an affiliation with the Community Foundation of Greater Des Moines. Giving a contribution through the Knoxville Panther Scholarship Foundation Endow Iowa fund at the Community Foundation of Greater Des Moines is rewarding in more ways than one.
Since 2003, the Endow Iowa Tax Credit has directly encouraged more than $140 million in permanently endowed funds at community foundations, creating lasting change across our state. Not only will your gift help provide scholarships to Knoxville graduates, the Endow Iowa Tax Credit Program offers you generous tax incentives to make it easier for you to give more for less.
Donors are eligible to receive a 25% Iowa tax credit in addition to normal federal tax deductions. This is a wise use of your charitable dollars and by lowering your tax liability, it provides an opportunity to consider a larger contribution.
NAMED SCHOLARSHIP PROGRAM
Our Named Scholarship program is a $500 per-year pledge for three years. It also serves as our primary source for funding our annual scholarships as those dollars are “passed through” each year in awarding scholarships.
Both endowed and named contributors can specify an area of industry or career choice to support a student who wants to pursue that as his/her chosen area of study through the scholarship.
Memorial gifts are added to our endowment fund and used for annual scholarships. A donor can choose to remember a loved one by making a donation in his/her name. This program has grown in recent years and is supported by providing donor cards at each funeral home in Knoxville.
ANNUAL GIVING PROGRAM
Donors can contribute to the chapter by giving any amount they wish on an annual basis. Many people find this an affordable and convenient method to support our local graduates.
Online Contribution Form