An Endowed Scholarship provides ongoing student support and creates a lasting legacy for the donor. Financial assistance is given "in perpetuity" to students who demonstrate academic achievement and potential and/or have financial need according to criteria that the donor helps to specify. The donor's contribution will be used to establish the endowed fund and additional gifts may be contributed at any time. The UW-River Falls Foundation invests the contributions in the principal, or corpus, of the endowed fund. Income from the endowed fund will be used for scholarship awards each year.