Create a legacy for yourself or recognize someone who has been influential in your life. Or honor of a group, cause, company, or organization.
Choose from several options for creating your scholarship.
Named for a person, company or organization
The money is collected from one or more people and invested by the MPEF finance committee. Each year, a percentage of the funds are disbursed yearly for scholarships. The corpus of the endowment remains in MPEF investment vehicles for a permanent fund. This option truly creates a lasting legacy for Minnesota’s engineers!
There is a $25,000 minimum.
Sometimes an endowed scholarship collects more money, or the donor gives more than $25,000. In that case, the amount of the scholarship could be increased or MPEF could award more than one scholarship.
Given by a person, persons, organization, or company
All the money is collected at one time or from one event. Then, all the money is disbursed at one time.
Multi-year scholarship, non-endowed
Named for the life of the pledge or for a group, company, or person
A scholarship amount is pledged over a period of years. Funds are granted and disbursed to scholars each year.
We can also roll a multi-year scholarship into the general scholarship fund.
MPEF can work with you to establish an endowed or named scholarship using various financial vehicles.
If you are not ready to create a scholarship, consider other ways to support engineering education:
Thank you for your commitment to a strong future for engineering in Minnesota!