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Abstract: 

There are many ways to tailor a scholarship program to reflect a family foundation’s mission and the values of its founders. A scholarship program can be used to support students at the founder’s alma matter; a family with a tradition in a particular profession might support students who plan to enter that field; where family members share a hobby, interest, or extracurricular activity, they can make achievement or participation in that area one of the scholarship selection criteria. Almost by definition, families that establish foundations are committed to “giving back.” Foundation scholarship programs are a recognized vehicle for a family’s philanthropy, but they also should be considered as a method to promote the family’s value of philanthropy. This article shows how, by making ongoing community service a scholarship requirement, family foundations can help scholarship recipients develop a personal habit of giving back to their communities. Includes nearly 20 PLRs in which the Service has ruled on various types of community service provisions.

Keywords: Scholarships with Community Service Requirements

Affiliations:  1: Clark Hill PLC.