By: Kenna Stark,
Administrator, Greene County Higher Educational Opportunities

A named Greene Giving Account may be established to provide scholarships so deserving students may pursue their educational objectives. Maximum flexibility can be maintained within applicable federal income tax laws as donors define the eligible colleges, areas of study, size of grants, as well as other criteria.

Businesses, families or other individuals as donors may be particularly interested in scholarships or other types of educational Greene Giving Accounts.

Advantages
• Donors may want to create named scholarships to honor or memorialize other individuals.

• Donors may want to create a Greene Giving Account to provide scholarships to high school graduates meeting certain criteria. Permissible criteria include: graduates from one or more high schools; graduates from a particular geographic area of county; graduates studying one or more courses of studies or at the five specific universities in Greene County (Antioch, Cedarville, Central State, Wilberforce or Wright State University); graduates with demonstrated financial needs; graduates with specific academic awards or talents (arts, athletics, etc.).

• Donors may want convenience.

• Donors may want flexibility.

• Donors may want to retain involvement.

Legacies
Edward Marrinan from the Greene County Community Foundation (GREENE CCF) is available to meet with professional advisors (accountants, attorneys, etc.) and donors to determine their actual objectives. Planned gifts (see Planned Giving) offer several ways in which to create real options to benefit scholarships or another type of Green Giving Account. Legacies through wills (bequests), life insurance proceeds or IRA beneficiary designations can specify dollar amounts or a percentage of the accounts or estates.

School Guide
Local schools also can meet with professional advisors and donors to help carry out business, family or individual intentions for scholarships. These include the Beavercreek, Cedar Cliff, Fairborn, Greene County Career Center (Greene County Career Center Adult Education Scholarship Endlowment), Greeneview (Greeneview Education Foundation), Sugarcreek (Bellbrook/Sugarcreek Education Foundation), Xenia (Xenia Educational Endowment Fund) and Yellow Springs School District, as well as the Greene County School District Foundation. All also help with other types of educational accounts.