A fund established to provide scholarships to students who meet specific criteria as determined by the donor. Donor advised scholarship funds allow the donor or a committee specified by the donor to make scholarship decisions, while the community foundation makes that decision for restricted scholarship funds. Seed Money:

This fund is used to account for these types of resources: Scholarship funds are defined as those resources available for awards to students that are not in payment of services rendered to the institution and will not require repayment to the institution.