Ryan Stinson Scholarship
Endowment Prospectus
Your scholarship will help make the life-changing opportunity to attend and graduate from Kentucky State University a reality!
To help you support KSU students' educational goals through scholarships. We will work collaboratively on a continuous basis with the Scholarship Committee to ensure your goals are being achieved and that the criteria and processes are refined as needed.
The level of engagement is determined by you; you can be as highly involved or as hands-off as you prefer. We take pride in keeping your philanthropy safe by ensuring compliance with applicable procedures of the Internal Revenue Code and adhering to industry best practices.
We work with you to implement guidelines to enable us to manage the scholarship process with you and to efficiently and effectively service both you and the scholarship recipients.
•Implement your scholarship selection process that is based on your Scholarship’s unique criteria.
• Ensure scholarship industry best practices and engage with industry experts for current national data to ensure success of the account.
•Verify that all scholarship processes and funds comply with Internal Revenue Service’s (IRS) regulations.
•Manage scholarships and student awards according to the Committee’s intent and instructions.
We will include your scholarship in our searchable database to match students and manage student applications within your guidelines.
Provide ongoing communication with scholarship recipients about the application, selection, and award processes.
Verify relevant recipient eligibility data, enrollment status, and renewal criteria prior to sending scholarship awards for processing and distribution.
Distribute scholarships or awards directly to Kentucky State University students' accounts and ensure any unused portion is returned to the Scholarship account.
Provide digital access to your quarterly fund reports and the ability to view gifts into the fund as well as any scholarships granted from the fund annually or when requested by you.
SERVICE, STEWARDSHIP & TRANSPARENCY
Scholarships are more important than ever to the success of students pursuing a Kentucky State University education.
The KSU Thorobreds Foundation, Inc. ensures students receive your scholarship during the award period as directed by the Scholarship Committee, not to accumulate fees.
As such, your scholarship account follows the below fee schedule:
Maximum 0.5% annual investment fee
Maximum 0.5% annual management fee
No processing nor deposit fees
No credit card nor ACH deposit fees on top of bank fees