SETP Scholarship Foundation
Donate to Scholarship Foundation
The Society is the parent organization of the SETP Scholarship Foundation. The primary purpose of the Foundation is to receive, acquire, manage, administer and expend property and funds for scholarships and other forms of educational assistance to children of deceased or disabled Society members.
Scholarships were first awarded in 1966. Since that time the Scholarship Foundation has granted $3,389,247.79 in educational assistance to more than 173 students. Approximately 12 students per year are expected to attend school with Society assistance.
The Scholarship Foundation is solely supported by individual contributions. For every dollar contributed to the Foundation, more than ninety-five cents goes directly to covering the educational expenses of the students. A contribution to the Scholarship Foundation is the ideal way to commemorate a Society member while helping support the children of deceased and disabled members.
The Foundation’s Tax Identification Number is 95-2479396 and contributions and bequests are considered charitable donations. Contributions can be mailed to:
SETP Scholarship Foundation
Click the link below to make an on-line contribution to the Scholarship Foundation.
Students Currently Enrolled in the Program
Major: Aerospace Engineering
| Hannah Maben
Scholarship Foundation Student Success Stories
Richard Schock Named Trustee Emeritus
Thank you Richard Schock, Trustee Emeritus, for your 23 years of dedication to the SETP Scholarship Foundation
Scholarship Foundation Board Members present Trustee Emeritus Richard Schock with a plaque honoring his 23 years of service
Left to Right (Brian Sandberg (AF), Phil Schultz (F), Richard Schock, Steve Rainey (F), and Glenn Graham (AF)
Scholarship Foundation Planned Giving
The term “planned giving” refers to charitable gifts that require some planning before they are made. Planned gifts are popular because they can provide valuable tax benefits and/or income for life.
Potential Benefits of Planned Gifts:
Make significant donations to a charity that is important to the donor
Increase current income for the donor or others
Reduce the donor’s income tax
Pass assets to family at a reduced tax cost
Many gift options are available, and the purpose of the SETP Scholarship Foundation Planned Giving Program is to assist donors in carrying out their wishes by providing appropriate information. The SETP Scholarship Foundation’s planned giving representative does not offer legal or tax advice or interfere with a donor’s own financial advisors.
GIFTS OF CASH - An outright gift of cash to the Foundation provides an immediate tax deduction for the donor and allows the Foundation to immediately invest the gift to support current and future scholarships.