Scholarship Fund Establishment Calculator

Plan Your Scholarship Fund with Confidence

Establishing a scholarship fund is a meaningful way to invest in education and create lasting impact—but understanding the financial requirements and ongoing commitments is essential before you begin. This Scholarship Fund Establishment Calculator helps donors, families, foundations, and institutions model endowment minimums, calculate sustainable annual award amounts, and plan for selection criteria and administration costs.

Whether you're honoring a loved one, supporting underserved students, or building your organization's giving program, this calculator provides clarity on how much you need to establish a fund, what awards you can sustainably distribute each year, and how to structure your scholarship for long-term success.

Who This Calculator Is For

This template is designed for nonprofit organizations, community foundations, educational institutions, family offices, corporate giving programs, and individual donors who want to establish an endowed or expendable scholarship fund. It's especially useful for development officers, advancement teams, financial advisors, and philanthropic consultants guiding clients through the scholarship creation process.

What This Calculator Helps You Determine

Using this form, you can:

• Calculate minimum endowment requirements based on your target annual award amount and expected investment return rates
• Estimate sustainable award levels from a given endowment principal
• Model administration fees and ongoing fund management costs
• Project multi-year giving scenarios with inflation adjustments
• Plan selection criteria including eligibility requirements, application processes, and award terms
• Compare endowed vs. expendable fund structures to understand long-term sustainability

The calculator automatically computes key figures such as perpetual endowment size, annual distribution rates, administrative overhead, and net award amounts—giving you a comprehensive financial picture before you commit.

Streamline Scholarship Administration with Paperform

Beyond the initial calculations, Paperform makes it easy to manage the entire scholarship lifecycle. Use this calculator to establish your fund parameters, then create branded application forms with conditional logic to gather exactly the information your selection criteria require. Accept supporting documents, collect eSignatures on award agreements, and integrate with your donor management system to track recipients and reporting.

Need to automate your selection and notification workflow? Connect this form to Stepper to route applications through review committees, trigger approval chains, send award notifications, and update your CRM—all without manual intervention. And for formal scholarship agreements or fund establishment documents, Papersign lets you turn form submissions into legally binding contracts with secure eSignatures, keeping everything connected and audit-ready.

With Paperform's native integrations, you can sync scholarship data to Google Sheets, Airtable, or your foundation management software, send Slack notifications when new applications arrive, and create custom success pages that guide applicants through next steps—all from one flexible platform trusted by nonprofits and educational institutions worldwide.