When families and friends wish to create a lasting legacy to honor the life of a loved one, creating an endowment/scholarship fund might come to mind.  An endowment in the name of a loved one can represent her/his passions and interests and encourage others to pursue like passions and interests.

The VIOLET TORCH FOUNDATION (VTF) can serve as a tax favorable vehicle for creating and maintaining an endowment for a specific period of time and purpose; typically on an annual basis to award a scholarship.  Small and large donations can be made over time to reach the desired financial goal for a scholarship award. 

See our
Application to Establish a Scholarship Endowment with Violet Torch Foundation to begin the endowment process.  If you have any additional questions about creating an endowment to honor your beloved friend or family member, contact VTF c/o info@violettorch.org.