Scholarship Fund

Open a Scholarship Fund

The first step in opening a scholarship fund is submitting a completed fund agreement. Scroll down to learn more about scholarship funds or call us at (562) 435-9033 and let’s discuss opening a fund.

Learn More About Scholarship Fund

Scholarship funds build the community’s future by investing in the education of tomorrow’s leaders. Award payments are made directly to the educational institutions for use by the scholarship recipients.

Scholarships Funds are either restricted or committee advised:

  • Restricted
    • Created with specific criteria outlined by the donor
    • The recipient organization manages the scholarship award process according to the donor’s wishes
  • Committee Advised
    • Created with specific criteria outlined by the donor
    • LBCF or other advisors convene a committee to manage the award process according to the donor’s wishes
  • View Safe Surrender Scholarship video

  1. LBCF staff works closely with the donor selected scholarship committee to create and carry out the goals and objectives of the program.
  2. Staff expertise on meaningful scholarship amounts, reasonable selection criteria, and local high school administration.
  3. Scholarship administration and payment processing by LBCF.
  4. The tax benefit is realized by the donor immediately after a contribution is made.
  5. Scholarship awards are not treated as taxable income to the recipients.
  6. An easy and secure online portal so you can view your fund balance 24/7.
  7. An array of investment options that are carefully selected and managed as part of a larger $3 billion portfolio, bringing you economies of scale investment results.
  8. Protective oversight of your fund provided by LBCF on a local and national level.
  9. Invitations to exclusive Community Foundation events with other donors and local nonprofit grantees.
  10. Quarterly statements show all investment, donation, and grant activity.
  11. Fees charged support philanthropic grants and programs in the Long Beach Community

  1. No legal liability. The Community Foundation remains in full compliance with state and federal regulations as they relate to grants and contributions.
  2. LBCF makes a conscious effort to work with Long Beach-based organizations.
  3. Available option to raise funds through the LBCF website.

Complete Fund Agreement

Submit a completed fund agreement or request a fund agreement for electronic signature at

Contact Us

Thank you for your interest in a scholarship fund held at the Long Beach Community Foundation. If you are ready to open a fund or need more information, fill out the form below and we’ll get back to you.

    If you're working with a financial advisor, please provide their name and firm.