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Administer Scholarships

The KEF does not solicit contributions for the purpose of granting scholarships to individual students for their post-secondary education.  The main reasons for this policy are:

  • We choose to concentrate our time and financial resources on delivering impact through our 4 focus areas.

  • We believe that most students have adequate opportunities to compete for post-secondary scholarships through other organizations.

 

Historically, the KEF has administered certain scholarships funded by individuals or businesses in Kane County.  In regard of these administrative services:

  • The KEF has overseen the competitive process of determining the recipients of the scholarships.

  • The KEF has provided certificates of charitable contributions to the funders of the scholarships for IRS purposes.

  • The KEF has received and managed the scholarship funds in an agency capacity, paying out the scholarship amount after receiving supporting documentation from the recipient as to qualifying expenses incurred.

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The KEF expects to continue to administer these scholarships for the foreseeable future, as a service to the citizens of Kane County.

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