How It Works

How It Works

The minimum donation of $10,000 is needed to establish one HDF scholarship.

This donation will become part of HDF Endowment Trust. Every year a maximum of only 10% of the endowment funds is disbursed as awards. At least ninety % of the donations/income from investment remains in the Endowment Trust. The scholarships are given in perpetuity.

The first distribution for the scholarship takes place approximately one year after the full donation for a scholarship has been received at HDF.

View Current Scholarships

Purpose of Scholarship

The purpose of HDF’s scholarship program is to support talented and underprivileged students in accessing quality education. It aims to break the cycle of poverty by enabling youth to achieve their academic and career goals.

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Breaking Barriers

Provides opportunities for students from low-income families to pursue education without financial constraints.

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Equal Access

Ensures that deserving students can attend schools, colleges, and universities that might otherwise be out of reach.

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Lifelong Impact

Creates sustainable scholarships through an endowment model, benefiting generations of students.

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Talent Nurturing

Identifies and supports bright minds, empowering them to reach their full academic and professional potential.

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Community Growth

Builds stronger communities by enabling educated youth to give back and uplift others.

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From Gratitude to Opportunity

Turns alumni and donor support into lasting educational pathways for underprivileged students.

How To Become A Sponsor

How To Become A Sponsor

To start a scholarship, the sponsor sends a donation of any multiple of $10,000 to the Human Development Foundation.

The scholarship fund can also be started as a recurring donation with monthly/quarterly installments until $10,000 is collected.

Smaller contributions are also welcome; however, a scholarship can only be set up once a minimum donation sum of $10,000 has been received.

To initiate the process and learn more about the program you can contact the HDF office or one of the HDF Scholarships Committee members.

Become a Sponsor

Frequently Asked Questions

Find quick answers on how HDF Scholarships work, how to sponsor, and the impact they create.

  • A minimum donation of $10,000 is needed to establish one HDF Scholarship
  • The donation will become part of HDF’s Endowment Fund
  • Ten percent of the donation, and income earned from the remaining investment, will be disbursed as the award
  • The first award distribution will take place approximately one year after the fund achieves full endowment fund status
  • 90% of the donation will remain intact and ensure that the scholarship runs in perpetuity

The donation will become part of the HDF endowment. Each year new students will be awarded scholarships for the life of the organization

To start a scholarship, the sponsor needs to...

  • Send a donation of any multiple of $10,000 to the Human Development Foundation
  • Complete a scholarship donation form
  • The scholarship fund can also be started as a recurring donation with monthly/quarterly installments, until $10,000 is collected

Smaller contributions are also welcome, BUT a scholarship can only be set up once a minimum donation sum of $10,000 has been received.

  • It encourages students to gain the gift of education
  • It provides hope to their entire family to break the cycle of poverty
  • It is a gift that keeps giving!
  • The donations are tax deductible
  • It is a self-sustaining timeless donation; each year the original donation in the endowment will help another student
  • It gives you an opportunity to honor someone significant in your life
  • The sponsor can name the scholarship to honor his/her parents, a hero, any loved one or someone who made an impact in their life