SCHOLARSHIPS
With your support, students can achieve their dreams.
Through the support of donors, the Community Foundation of Greater Muscatine offers post-secondary scholarships for students who currently attend area high schools and Muscatine Community College.
SCHOLARSHIP APPLICATIONS
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Short-Term Liquid PortfolioThis is our most conservative investment model portfolio and is most applicable for the investment of short-term assets when liquidity and security of principal are the primary goal and investment return is secondary. Short-Term Liquid Portfolio Returns: 10-Year Average Rate of Return: 1.50% 10-Year Compounded Annual Growth Rate: 1.45% 2023 Rate of Return: 3.31% 2024 July Rate of Return: 0.35% 2024 YTD Rate of Return: 3.57%
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Conservative PortfolioThis is a long-term investment portfolio and consists of a mix of fixed-income investments and equity investments to accomplish donors' charitable goals. This model portfolio provides the opportunity for long-term assets to be invested with a strong conservative bias yet provide potential growth that has historically been attributed to equity securities. Conservative Portfolio Returns: 10-Year Average Rate of Return: 5.38% 10-Year Compounded Annual Growth Rate: 5.18% 2023 Rate of Return: 12.36% 2024 July Rate of Return: 2.25% 2024 YTD Rate of Return: 6.00%
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Active PortfolioThis is a long-term investment portfolio and consists of a mix of fixed-income investments and increased security allocation to equity investments and is most applicable for investment of assets that are seeking long-term growth to accomplish donors' charitable goals. Active Portfolio Returns: 10-Year Average Rate of Return: 6.98% 10-Year Compounded Annual Growth Rate: 6.55% 2023 Rate of Return: 14.00% 2024 July Rate of Return: 1.84% 2024 YTD Rate of Return: 8.71%
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Dynamic PortfolioThis is a bolder “growth-oriented” long-term investment portfolio and consists of a mix of fixed-income investments and equity investments to accomplish donors' charitable goals. Dynamic Portfolio Returns: 10-Year Average Rate of Return: 7.79% 10-Year Compounded Annual Growth Rate: 7.09% 2023 Rate of Return: 15.79% 2024 July Rate of Return: 1.77% 2024 YTD Rate of Return: 9.68%
OPEN A SCHOLARSHIP FUND
Have you ever considered establishing a scholarship fund on behalf of yourself, your family, or even your business? By partnering with the Community Foundation of Greater Muscatine, we can make your dreams of supporting local youth through scholarships a reality. Establishing a scholarship endowment allows the donor to make tax-deductible gifts to the fund, and creates eligibility to receive the Endow Iowa Tax Credit. Whether you are interested in offering a scholarship to students at a specific high school or to all eligible students in Muscatine County, your partners at the Community Foundation can work with you to make it happen.
Below is a list of services provided when you establish a scholarship fund with us:
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Legally accept and acknowledge charitable contributions to the fund
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Provide donors with relevant charitable tax-deductible information
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Create scholarship and award criteria
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Review scholarship awarding criteria with local high school guidance departments
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Include scholarships on online application portal - students submit one application electronically to be considered for multiple scholarship opportunities.
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Provide online evaluation process for scoring qualifying applications and selecting recipients.
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Communicate with recipients to provide information regarding their responsibilities.
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Keep appropriate records for all scholarship recipients, including enrollment verification and academic good standing
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Manage renewable scholarships by processing the payments to colleges over multiple years
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Process approved expenses from the fund – writing and distributing scholarship payments directly to colleges or universities
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Undertake an annual audit for all funds and file Federal Form 990
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Submit Endow Iowa Tax Credit applications for donors
Contact Jamie Leza at 563-264-3863 or jleza@givinggreater.org for additional information or to establish a scholarship fund.
Click here to view our scholarship policy.
These scholarships will not only help me complete some of my first semester, but it also shows the support I received from the community. It inspires me to show that their investment into my education will not be taken for granted.