FAQ – Haywood County Schools Foundation

How do I start an endowment fund with Haywood County Schools Foundation?
- If you would like to start an endowment fund, please refer to our Investment Policy and Endowment Agreement and contact Jenny Wood at jwood@haywood.k12.nc.us or 828-456-2400.
If I were to establish an endowment fund is there a fee for service? If so, what is the cost?
- The Haywood County Schools Foundation Board of Directors, along with the Investment Manager, charge a 1.5% fee for the management of the endowment funds.
What is the minimum amount required to establish an endowment?
- The Haywood County Schools Foundation Board of Directors requests a minimum of $25,000 to establish an endowment.
Will I be allowed to name the endowed scholarship?
- Yes
How will the funds be distributed?
- The funds will be distributed to the college or university of the recipient each August and/or December.