Presented by DeMoine Adams and Jen Benson

1. Send your Mentees
on a ScholarSHIP!
Jennifer Benson, Development
Director
DeMoine Adams, Post-Secondary
Education Coordinator

2. Objectives
1) Help local chapters identify a plan for
securing and awarding chapter-level
scholarships to mentees in TeamMates
2) Predicting chapter scholarship funding
need
3) Fundraising for scholarships and
sustainability of chapter scholarship
program

3. Central Office Scholarship
Update
TeamMates Central Office
Scholarships
2006-20
12
2012-
Present
2016
Total TeamMates Central Office
Scholarships awarded
102 356 113
TM Central Office Scholarships offered 6 38 40+
TeamMates seniors receiving a TM Central
Office Scholarship
<10% 22.5% 15%
*See handout for more details

4. Local Chapter Scholarship
Update
➢66 Local Chapters with
Scholarships
➢Between $250 - $500
➢One-time and renewable
➢Competitive and noncompetitive

5. Scholarship Handbook
➢Coordinator’s Playbook
1. Type in ‘Scholarship’ in the search
keyword box
2. Click ‘Scholarship Committee
Handbook’

6. Scholarship Handbook
1) Scholarship committee
2) IRS regulations
3) Establishing scholarship guidelines
4) Award amount, number &
renewability
5) Scholarship availability
6) Payment procedures

7. Scholarship Handbook
➢ Scholarship application
A. Name, address, etc.
B. Academic data (GPA, Class Rank, etc.)
C. Essay questions
i. Involvement
ii. Example of perseverance or achieving a
goal
iii. Future aspirations, education plans, etc.
D. References/letters of
recommendation
A. At least one

8. Scholarship Handbook
➢ Scoring rubric
A. Academic Data
i. GPA
ii. Class Rank
B. Essays
i. Four questions
C. References
i. 2-3

9. Ways Chapters Fund
Scholarships
1. Chapter designated funds in operating
budget.
– Scholarship funding is defined in the chapter’s
annual operating budget as a line item.
– Raised through annual fundraising efforts that
are not specifically requested for
scholarships.
– Can be awarded to any or all chapter’s seniors
or made more long-term and awarded to each
student for a set period of time.

10. Ways Chapters Fund
Scholarships
2. Special campaign for scholarship
funding.
– Scholarship funding is defined in the chapter’s
annual operating budget as a line item.
– Scholarship funding is secured by asking donors
specifically for SCHOLARSHIP funding.
– Funding secured in this manner is RESTRICTED
to scholarships regardless of whether you give
them out that year.

11. Donor Stewardship for
Scholarships
• Name a scholarship after a donor.
• Invite the donor to join your scholarship committee.
• Invite the donor to your scholarship awards
ceremony.
• If your chapter receives memorial gifts from someone
who died, consider asking the family if you can honor
the person by giving a scholarship in the name of the
deceased.

12. Endowing Your Scholarship
Funds
• TeamMates Foundation
• Provides an investment vehicle for TeamMates
Chapters.
• Chapters may open an account and invest any amount.
• In July of each year, the chapter may choose to take a
5% net asset withdrawal on the chapter’s account
balance.
• Funds can be used for anything but many chapters
choose to fund their scholarships with their Foundation
account.