Kodosky Foundation Matching Program
If you choose to establish a new endowed scholarship for the benefit of students in the Turing Scholars Program, you will have the option to have your funds matched by the Kodosky Foundation, doubling the impact of your gift. Our goal is to raise $1.25M and match every dollar being made available by the Kodosky Foundation.
Qualifications and Use
Gifts can be pledged over a 5-year term. The Kodosky Foundation will match endowment gifts on a 1:1 basis.
These scholarships will be used to recruit and retain undergraduate students admitted to the Turing Scholars Program. Endowments may be used to recruit and retain top graduate students should the needs of the Turing Scholars program be met in any given year.
Gifts less than $25,000 will be allocated to the already established Computer Science Endowment for Student Support.
Match/Impact Table
EXAMPLE 1 |
YEAR 1 |
YEAR 2 |
YEAR 3 |
YEAR 4 |
YEAR 5 |
TOTAL |
---|---|---|---|---|---|---|
Personal |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
$25,000 |
UT Kodosky Foundation 1:1 Match |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
$25,000 |
Total |
|
|
|
|
|
$50,000 |
Match/Impact Table (with employer contribution)
EXAMPLE 2 |
YEAR 1 |
YEAR 2 |
YEAR 3 |
YEAR 4 |
YEAR 5 |
TOTAL |
---|---|---|---|---|---|---|
Personal |
$3,333 |
$3,333 |
$3,333 |
$3,333 |
$3,334 |
$16,667 |
UT Kodosky Foundation |
$3,333 |
$3,333 |
$3,333 |
$3,333 |
$3,334 |
$16,667 |
Employer |
$3,333 |
$3,333 |
$3,333 |
$3,333 |
$3,334 |
$16,667 |
Total |
|
|
|
|
|
$50,000 |
Understanding Endowed Scholarships
Establishing an endowed scholarship offers donors the opportunity to create a lasting legacy. The principal of an endowed scholarship is invested by the university and the interest generated is used as scholarship funds. Endowed scholarships may be established starting at $25,000. The invested principal will grow over time, maximizing the impact of your gift and ensuring that it will support computer science students for generations to come. Endowed scholarships may be named for you, your family, or someone you wish to honor.
Company Match
Many employers sponsor matching gift programs (Apple, Google, Microsoft, etc.) and will match any charitable contributions made by employees.
Tip: You will need to request the matching gift from your employer.