Alumni and Friends
Scholarships & Endowments
As state funding for higher education declines, scholarships and endowments are becoming more crucial to the success of Kasiska College of Health Professions (KCHP) students. Our many benefactors who provide support help open the door to success for many deserving students, and their thoughtfulness is demonstrated in the caliber of students we graduate.
Following is information about scholarships and endowments at Idaho State University.
- What is an endowment?
- An endowment is a sum of money that is never spent, but is invested so that a portion of the annual earnings can be awarded. Endowments are permanent?
- How large a donation does an endowment require?
- The minimum amount to establish an endowment is $10,000.
- Who can create an endowment?
- Anyone may create an endowment. Individuals, foundations, corporations, and various clubs and organizations have all created endowments.
- How are scholarship awards made from individual endowments?
- Only the interest income from an endowment is awarded in the form of scholarship dollars. Idaho State University awards the first 5% of interest income on endowments. One or more awards can be made from that amount, depending on the size of the endowment.
- Can I determine what type of student my endowment will benefit?
- Absolutely. Donors choose the criteria for recipients while creating the endowment agreement. You may specify a certain major, grade point average, participation in a certain activity or club, or any other areas you wish to emphasize. A tremendous need exists, however, endowments which allow the department or college to choose the criteria based on current needs. Endowments may also support areas other than scholarships, such as research, equipment and laboratories, or any type of department or program support desired by the donor.
- Will I ever know the recipients of my gift?
- Each year you will receive a letter from the ISU Foundation, who manages all endowment funds, which will indicate the students who received your scholarship and some information about them. In addition, students are provided with information indicating the donor of their award, and in many cases, the donors receive a personal call or letter from students.
- After the initial donation, how will my endowment grow?
- Endowment funds grow most quickly through continued support from the original donor and from additional donations from friends and family. Endowment funds are carefully invested for the highest yield. The first 5% of the interest income is awarded to students in the form of scholarships, and the rest is returned to the principal to help the endowment grow.
- I would like to start an endowment, but I am unable to provide the entire $10,000 at this time. What can I do?
- The ISU Foundation allows donors three years to reach the minimum amount of $10,000 to start an endowment. Anyone wishing to donate to the fund needs only to send contributions to the ISU Foundation indicating the endowment to which it should be applied. When the amount reaches $10,000, the KCHP Director of Development will contact you to complete the agreement.
I would be happy to talk with you about any questions you may have concerning donating to KCHP, a department, or ISU. Please contact me at:
921 S. 8th Ave.
Stop 8050
Pocatello, ID 83209
Phone: (208) 282-4292
E-mail: hansjoan@isu.edu


