An endowed fund can be established through the CEI Foundation to support student scholarships, specific CEI programs, professional development of staff and faculty or any area where you wish to fulfill a need.
When you create an endowment, we invest the principal amount and utilize the earnings to support your annual project on a continual basis. A minimum contribution of $10,000 is required to establish an endowment, but you are welcome to contribute to your endowment to increase the annual dividend. There are no charges or fees to create an endowment, and 100% of the derivative will be used for your project.
Each year, 5% of the principal value of your endowment will be used to support your program of choice. Our balanced portfolio is closely managed by the Finance Committee of the College of Eastern Idaho Foundation’s Board of Directors.
Some of our current endowments include:
Bill and Shirley Maeck Family Scholarship – Long-time supporters of local education causes, the Maeck family set up an endowment that provides several annual scholarships to students studying in the health care technologies field.
Idaho Steel Scholarship – Aimed at providing assistance to those in our welding programs, Idaho Steel has been a tremendous supporter of students who will contribute as professionals in welding community.
Hazel Rose Family Scholarship – Created through the Idaho Community Foundation, Hazel and Rod Rose created a scholarship endowment that has been assisting CEI students for many years.
Opportunity Scholarship – Set up by anonymous donors, this endowment provides scholarships to CEI health care students, with a preference given to minority students.
Brady Family / Joshua David Clifford Memorial Scholarship – Set up by Joshua’s grandparents, Cliff and Ruth Brady, as a way to memorialize this bright CEI student who passed away unexpectedly. One scholarship is given annually to a business office technology CEI student.
Welcome to the CEI Foundation, since 1992, the College of Eastern Idaho Foundation has supported College of Eastern Idaho’s efforts to develop our community through learning. Investing in College of Eastern Idaho through the CEI Foundation benefits all of us, transforming the lives of individuals and creating a better-prepared workforce that fuels a healthy economy.
As you explore our website we hope you find ways to get involved in supporting the learning the institution that has a significant impact on our community. Be a part of making a difference. Get involved with the CEI Foundation! It is about our future.
SUPPORT LOCAL PEOPLE, LOCAL JOBS AND THE LOCAL ECONOMY:
Truly remarkable to make a quality, affordable college education accessible to all.
Change a Life
For the better. Changing lives through scholarship…priceless.
Have an Impact
On the future that reaches from the classroom to the community.
The CEI Foundation is separately incorporated 501 (c) (3) organization and the officially designated means of making private contributions to the college. View our most recent audited financial statements here.