Philanthropy Today Gateway to Giving GMCF Scholarship Stories (Edee Nichols and Vern Henricks) - Episode 175

Philanthropy Today

Today, we talked with GMCF’s President and CEO Vern Henricks, and Gants & Scholarships Coordinator Edee Nichols about the impact of GMCF’s scholarship initiatives, from the heartwarming origins fueled by donor interests and memorial funds to the tangible success stories from students in the community of Clay Center, Atchison, Dover, Wamego, and Manhattan, Kansas. You'll learn how these scholarships address critical educational needs in communities without local universities.
Discover the strategies behind establishing and managing scholarships. Vern and Edie reveal secrets on determining criteria, thoughtful naming, and the difference between endowed and non-endowed scholarship funds. Avoiding the pitfall of scholarships going "underwater" during the years of the scholarship and the expertise of the Community Foundation in managing these funds ensuring donors see the positive impact on students’ lives are just a few insights you’ll gain.
How to Start a Scholarship Fund
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1. Impact of Scholarships in Philanthropy (00:00:00)

2. Establishing and Managing Scholarships (00:10:43)