Where Knowledge and Character Matter ®

Starting a Fund

The Alcorn State University Foundation offers the opportunity for donors to establish Expendable Scholarship Funds and Endowed Scholarship Funds. Agency Funds may also be established by campus offices and organizations at Alcorn State University.


Expendable Scholarship Funds

An expendable scholarship fund may be established with an initial deposit of at least $1,500, and scholarships may be awarded as set forth by the criteria in the memorandum of understanding executed to establish the fund as long as the account has sufficient funds to cover the award(s).


Endowed Scholarship Funds

An endowed scholarship fund may be established with an initial deposit of at least $10,000. This amount, as well as any future contributions, will go directly to the principal balance. Scholarships will be awarded from interest generated on the principal balance as set forth by the criteria in the memorandum of understanding executed to establish the fund. Award(s) will only be made when enough interest has been generated to fund the award.


Agency Funds (University Campus Offices and Organizations Only)

Agency Funds may only be established by campus offices or organizations. An agency fund may be established with an initial deposit of at least $500.00, and funds in the account may be used to support the office/organization as set forth in the memorandum of understanding executed to establish the fund.


If you would like to receive more information about starting a fund with the ASU Foundation, please click the button below.

I Want to Start a Fund




Contact

Feel free to contact any member of the Institutional Advancement staff to learn more about and to support the "Always Alcorn" Annual Fund Campaign.

Mr. Marcus D. Ward '00
Vice President for Institutional Advancement
Executive Director, Alcorn State University Foundation, Inc.

Phone: 601-877-6296
Email:

Mr. Casey Mock '13
Finance & Accounting Manager, Alcorn State University Foundation, Inc.
Phone: 601-877-6693
Email: