Scholarship Funds are endowments established for the benefit of students in Northeast Wisconsin. Selection is made by the Community Foundation or by a committee that may include the donor.

Basic Services

• Fiduciary responsibility for the fund.
• The Community Foundation constructs and uses processes that are compliant with the Pension Protection Act.
• Professional investment management for the fund assets.
• Access to “read only” online fund statements can be provided.
• A committee structure is put in place to help determine awards and amounts.
• Scholarship checks are created and sent out per the process for the scholarship.
• Application process including: contacting educational institution, guidelines and criteria, check applications, and vetting and evaluation.

Additional services are available on a case-by-case basis.

Our Investment Practices
All funds are pooled with the charitable resources of over 500 other families, businesses, and non-profit organizations.  These assets, currently valued at more than $65.0 million, are spread over a broad group of investment classes to ensure a balanced portfolio.

Basic Fee Services
The administrative or management fee for all services is currently 1.50% annually based on the following fund balances:

• First $2,500,000:  1.50%
• Next $1,500,000:  0.90%
• Next $1,000,000:  0.70%
• Remaining balance:  0.60%
• $25,000 minimum balance required.
• Administrative fees are assessed monthly based on the average daily fund balance.  (Minimum of $375.00.)

Next Steps
Set up a time to speak with us about your needs. Contact President & CEO David Pamperin by phone at 920.432.0800 or by email at davidpamperin@ggbcf.org.