The Alice & Charles Taylor Endowed Scholarship Fund
Right now, this scholarship starts from zero every single year.
For nine years the Taylor family paid for it personally. Since 2024 the gala has. Both work, and neither is permanent — every award we name is an award somebody had to raise the money for first.
An endowment ends that. It spends only what it earns, so the principal is never touched and the award repeats forever without anyone having to ask again.
The arithmetic, first
You are going to do this math anyway. Here it is.
An endowed fund is invested, and a fixed percentage of it is spent each year. The rest stays. At a 4% draw — the conservative standard — the relationship is simple:
Figures on this page assume a 4% annual spending rate set by board policy. A different rate changes every number here, which is why they are stated as approximate. The principal is not spent.
What this fund is not. The Change Make*Hers Gala funds iWIN Sports — grants, camps, clinics, the work of getting girls into the game. This fund is separate and restricted: it exists only to name and pay scholar-athletes. A gift here cannot be spent on anything else, and that restriction is the point of having it.
What the fund pays for
Two awards, doing two different jobs.
Idaho’s go-on rate — the share of high school graduates who enroll in anything after — is a long-standing state concern. Getting a student to enroll and getting them to finish are separate problems, so we fund them separately.
The LEAD Scholar Award
Broad and immediate. Thirty-two awards a year at full statewide scale — ten in each region, plus two at Mountain Home, which is part of the program every year without exception.
- Award
- $1,000, and $2,500 at Mountain Home
- Term
- One year, moving to two
- Scale
- 32 scholars a year, statewide from 2028
The job: move the go-on rate. Remove the specific, unglamorous costs that stop a student enrolling at all.
The four-year renewable award
Narrow and deep. A small number of students carried across the whole degree — $20,000 to one person, paid over four years, renewed on continued enrollment.
- Award
- $5,000 a year
- Term
- Four years, renewable
- Scale
- Three to four new scholars a year
The job: move the graduation rate. An award that renews is a four-year relationship with a check-in built into it — which is also the only reliable way we will ever know what happened to our scholars.
Both tracks are built in phases. The access award is what exists today; the renewable award begins once the fund can carry it without borrowing against a future year.
Named gift opportunities
Every one of these carries a name for as long as the fund exists.
Yours, your family’s, your company’s, or someone you want remembered. Named awards are made in perpetuity, and gifts at every level here can be pledged over three or five years.
Prefer to send a check? Mailing instructions are below. Gifts of stock, donor advised fund grants and bequests are all welcome here and are often the most efficient way to give at these levels — see planned giving.
By check
The memo line is not a formality. It is the restriction.
A check made out to the Foundation with a blank memo line becomes an unrestricted gift and lands in the general fund. Writing the fund name in the memo is what legally directs it to the endowment and keeps it out of everything else.
Where to send it
Everything a check needs, in order.
- Payable to
- The Taylor LEAD Foundation
- Memo line
- Endowed Scholarship Fund
- Mail to
- The Taylor LEAD Foundation
P.O. Box 8744
Boise, Idaho 83707 - EIN
- 99-2465893
If this is a named gift, write to us first
Naming intent does not fit on a memo line, and we would rather get the wording right with you than guess from a check. One email settles it, and the check can follow.
If you are pledging over several years
A pledge needs a short letter stating the total, the schedule and the fund — not just a first check. We will send you one to sign, and it protects both of us by putting the commitment in writing without making it binding on your estate.
Sending something substantial
Use certified mail if it would worry you to send it any other way. Courier services cannot deliver to a P.O. Box, so if your bank or advisor wants to send by FedEx or UPS, write to us and we will arrange a street address.
What happens next
You will receive a written acknowledgment and a tax receipt showing the gift and its restriction. If a named award is attached, you will also get confirmation of exactly how it will appear.
Gifts of stock, donor advised fund grants and wire transfers all work differently and are often more efficient at these levels. Email us for instructions, or see planned giving.
The goal, stated honestly
A fully endowed program needs $3.75 million. We are raising the first million.
We would rather show you the whole number than let you discover later that the goal never covered the plan. Here is what each stage actually buys.
The 32-award statewide access program becomes permanent. From this point, no LEAD Scholar is named because a fundraiser went well — they are named because the fund exists.
Endows the statewide access program and begins the four-year renewable track. Produces roughly $40,000 a year, every year — more than twice what the 2026 program awarded.
Both tracks at steady state: 32 access awards on two-year terms, plus four new four-year renewable scholars every year. Roughly $150,000 awarded annually, in perpetuity.
For scale: the 2026 cycle awarded $17,000 to 14 scholars. Phase one alone would more than double that permanently, and take it off the fundraising calendar entirely.
Whose names this carries
The scholarship was already a memorial. This makes it a permanent one.
Charles Taylor served twenty-seven years in the United States Air Force. Alice Taylor spent more than thirty years as a paraprofessional in special education in the Mountain Home school district. Together they raised three children on one idea: that hard work in the classroom and hard work on the field were never two separate things.
In 2015, at the Mountain Home High School Athletic Hall of Fame dinner, their children announced a scholarship in their names. Alice has since died. The scholarship carries her forward, and every year it does that on money somebody had to go out and raise.
An endowment is the version of this that does not depend on any of us still being here to run it.
Gifts in honor or memory
Endowment gifts are frequently made in someone’s name. A named award inside a fund that is itself a memorial is a particular kind of thing, and we will help you get the wording right.
How named awards work
Your name appears on the award, on the recipient’s letter, and in our annual reporting — every year the award is made. You will know who received it.
Before you give
What happens to the money after it leaves you.
It is restricted, permanently
Gifts to this fund can only be used to name and pay scholar-athletes. Not operations, not programs, not the gala. That restriction is recorded when the gift is made and it binds every future board.
The principal is not spent
Only the annual draw is spent, at a rate set by board policy. That is what makes the word “forever” on this page an accounting fact rather than a figure of speech.
It is professionally managed
The fund is invested under a written investment policy adopted by the board, with oversight from the Finance Committee.
You will see what it did
Named-award donors receive annual reporting on the scholars their fund supported. The Foundation’s wider results are published quarterly. See the ledger.
Start a conversation
A gift at this level should begin with a conversation, not a form.
Tell us what you are considering and we will show you exactly what it would fund, what it would be called, and how it could be structured across a few years. If you are exploring rather than deciding, say so and we will treat it that way.
This page is information, not advice. Endowment figures assume a 4% annual spending rate and are illustrative. We are not attorneys, accountants or financial advisors, and any gift involving stock, a donor advised fund or your estate should be reviewed by your own professional advisors.
The Taylor LEAD Foundation · P.O. Box 8744, Boise, Idaho 83707 · 501(c)(3) · EIN 99-2465893 · hello@taylorleadscholarship.com · 208.477.1522

