Where does the money for scholarships come from? Most of the money for scholarships comes from the earnings on the Foundation’s endowment, which is made up of memorial funds and special funds. We also raise money through our Annual Financial Appeal (Phonathon and Business Appeal) and other fundraising activities such as the annual Winter event – Comedy Night, Jazz Brunch, or Dinner Dance, the Trivia Team Challenge, and the Golf Tournament.
How do I donate online? TSF of Wakefield uses the services of PayPal to process online donations. Please visit our PayPal Donations Page and click the appropriate donate button. You will be linked directly to TSF’s PayPal site for secure credit card processing.
■ If you already have a PayPal account you can donate with a credit card or directly from your bank account.
■ If you do not have a PayPal account, you can use your credit card without opening a PayPal account; OR you can follow the instructions to set up a free account to use your credit card or bank account.
How do I make out a check? Checks may be made payable to TSF of Wakefield and mailed to P.O. Box 321, Wakefield MA 01880. If a donation is meant for a permanent or an accumulating fund, indicate the name of the fund in the memo portion of the check, or enclose a note. We will send you an acknowledgement of your donation. If you want us to acknowledge your donation to another person, please include the name, address and occasion and we will be happy to do so.
Is a donation to TSF tax deductible? Yes, The Scholarship Foundation of Wakefield, Inc. is a 501(c)(3) non profit corporation as designated by the IRS. Our tax ID number is 04-2444195.
I would like to establish a permanent fund in memory of a loved one. How do I go about it? A fund becomes permanent when a minimum of $10,000 has been deposited. This will enable the fund to generate enough income to provide our minimum award. Permission can be obtained to start a fund with lesser amounts provided the fund will eventually qualify as a permanent fund. These are called accumulating funds. Contact the TSF Office for further information.
For more information…
The Scholarship Foundation of Wakefield, Inc.
Mailing Address: P.O. Box 321, Wakefield, MA 01880
Office Location: Americal Civic Center, 467 Main Street, Wakefield, Massachusetts 01880
Office: 781-245-4890 / Fax: 781-245-6761 / Email: email@example.com