Endowment
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The Connestee Falls Student Scholarship Program Endowment is a long-term investment funded by donations specifically earmarked for the endowment. The CFSSP endowment fund is, quite simply, money set aside and invested to secure the long-term success of the scholarship program. It does not use funds that are received for the annual disbursement to Transylvania County students. The endowment was initially funded and established through a very generous gift from the Paul C. Phillips Trust. The Endowment is currently over $120,000.00 and is managed by the Community Foundation of Western North Carolina.
The Community Foundation of WNC is a nonprofit organization established in 1978 to build a permanent pool of charitable capital for the eighteen counties of Western North Carolina. They work with individuals, families, and corporations to create and manage charitable funds and make grants to nonprofits or public agencies in our region.
For more information about giving to the endowment, contact Terri Lowery at 352-871-7062 or cfscholarship@gmail.com
