The initial and subsequent publicity and public acknowledgement of the creation of the [Insert: Name of Scholarship] Scholarship Fund and the designation of the [Name of Scholarship] Scholars will be made by the University following its established protocols.
The University foresees that it will exist and that it will enroll students meeting the requirements and needing the financial support to be provided by the [Insert: Name of Scholarship] Scholarships.
Nevertheless, in the event that the Board of Regents of the University determine, in their sole discretion, that intervening circumstances have made it necessary to alter the donor's original purpose, those Regents may amend and restate this agreement to cause the fund to be administered to achieve that purpose that they, in their sole discretion, have determined will most closely fulfill the donor's original intentions.
After the inception of the [Insert: Name of Scholarship], the University will provide to the donor during [time] an annual report on the scholarship fund and the name(s) of the recipient(s).
[Insert: Donor's Name] Date
THE BOARD OF REGENTS of Kentucky State University, a Kentucky nonprofit corporation, Frankfort, Kentucky
By: [Insert: Name] Date President of Kentucky State University and a Member of the Corporation
And: [Insert: Name] Date Executive Director, KSU Foundation
And: [Insert: Name] Date Vice President for Finance of Kentucky State University