Two thresholds. Both permanent.
Rummel offers two named permanent scholarship solutions. The difference is not prestige, it is how much of a young man’s education the fund carries each year.
A Named Scholarship
Starts at $50,000. The invested principal generates annual tuition assistance under the name you give it, forever. Most named funds at Rummel honor a graduate, a parent, or a teacher, and the family is told whose name is on the help they receive.
A Full Tuition Scholarship
Starts at $250,000. The fund is sized so its annual earnings cover a Raider’s full tuition rather than a portion of it. One gift, and a seat at this school is paid for in perpetuity.
The mechanics are simple. The effect is not.
Endowment is the one piece of school finance worth understanding before you give, because it is the only kind of gift that is still working in fifty years.
Your gift is invested as a permanent fund. The school does not draw the principal down, in a good year or a bad one. Only the earnings are used, which is why the fund is still awarding a scholarship long after a one time gift of the same size would have been spent and forgotten.
The fund carries the name you choose. Families name them for a graduate, for a parent who worked to send them here, or for a teacher who changed the direction of a life. The Ed Daniels ’75 Scholarship is one of these, and it exists because people decided his name should keep doing something.
A named fund can be pledged and built across several years, or completed through a bequest so that the balance arrives from your estate. Talk to the Development office about the schedule before you rule the idea out on the number alone.
Appreciated stock, real estate, and privately held business interests can each establish a fund, and doing it that way can reduce or eliminate capital gains tax on the asset. So can a qualified charitable distribution from an IRA if you are 70½ or older.
Fifty thousand is a lot. So here is the rest of it.
Most of what Rummel gives out in a year does not come from named endowments. It comes from people giving what they can, into funds the school already runs.
Tuition Assistance
The general fund that put over $1 million into the hands of Rummel families in 2024 and 2025. A gift of any size goes here and goes out this year.
No minimumArts Scholarships
Ten band and theatre scholarships at $2,000 a year, awarded by audition, so a Raider’s talent is not something his family has to price.
$2,000 each, ten availableMemorial Funds
Six named memorial funds are open now, held in the endowment under the names of Raiders and the men who taught them.
See them on the Support pageThis one is not a checkout page. It is a conversation.
Tell us the name you have in mind and the Department of Development will take it from there.
