Types of Funds
Unrestricted Funds: Donors who give an unrestricted gift build maximum versatility into their charitable giving. These resources are most useful to Blue Ridge on a daily basis in response to changing needs and opportunities. Donors entrust the Board of Directors to select the most appropriate allocations.
Restricted Funds: A gift may be restricted for a program of study (curriculum or continuing education), library and classroom resources, faculty development, lecture series, opportunities in the arts, innovative grant possibilities, and more.
Scholarship Funds: Scholarship funds assist individuals pursuing educational goals and recognize individual excellence. Donors may specify the criteria for scholarship awards.
Endowment Funds: Choosing to endow your gift with Blue Ridge Community College Educational Foundation ensures ongoing annual support in perpetuity. This is made possible through income generated annually from your investment of $10,000 or greater. The minimum donation of $10,000 to establish an endowed fund may be paid in one lump sum or over a period of three years.