ODLNA has established a $120,000 endowment fund to provide scholarship to deserving Opoji indigenes for undergraduate studies in American and Nigerian universities for the entire duration of their studies
Nature of the Endowment Scholarship
• Merit-Based Awards: Supporting students with high academic achievement, special talents, or unique qualifications.
• Need-Based Financial Aid: Providing tuition assistance to students with demonstrated financial need
Purpose
• Support post-secondary students of Opoji, Nigeria who have academic ambitions.
• Reward academic excellence.
• Encourage study in post-secondary institutions.
• Promote rewarding professions.
• Promote the spirit of philanthropy.
Donors:
- Permanent Legacy: The principal is invested, ensuring the scholarship supports students in perpetuity, creating a lasting impact far into the future.
- Significant Tax Benefits: Cash gifts can allow for tax deductions.
- Customization: Donors can tailor the scholarship to support specific fields of study, institutions, or students with specific backgrounds or needs.
- Recognition and Brand Building: Donors receive public recognition, naming rights, and invitations to special university events, enhancing personal or corporate reputations.
- Strategic Estate Planning: Endowments can be funded through wills or trusts to reduce taxable estates.
Students:
- Life-changing scholarships that help ease financial pressures, opening doors to educational opportunities that might otherwise be unattainable.
ODLNA:
- Building a great brand and reputation for the association.
- Members experience the gratification of making a lasting impact on individuals striving for education, which fosters a sense of social responsibility.
- Gift of cash
- Pledge to be paid in installments over a set period of time
- Gift of appreciated securities
- IRA Charitable Rollover
- Donor Advised Funds
The following are eligible to apply for the scholarship:
- Born of either an Opoji father or mother or has proof of nativity of Opoji kingdom who live in Nigeria.
- Has gained admission to study in a post-secondary school.
- A son and daughter of members of Opoji in North America.
- Bi-annual fund-raising convention
- Private grants from individuals, corporations, wealthy persons, and associations that are sympathetic to ODLNA course.
- Personal contributions, donations, or corporate sponsorships.
- Gift of cash
- Pledge to be paid in installments over a set period of time
- Gift of appreciated securities
- IRA Charitable Rollover
- Donor Advised Funds