Foundation

Named Endowed Scholarships leaving a legacy at LCSC

A name endowed scholarship is a wonderful way to leave a legacy for Lewis-Clark State College — a legacy that will last virtually forever. An endowed scholarship is one in which a principal amount is contributed and held in perpetuity to support the purposes of the endowment. Only a portion of the earnings are spent each year.

Shane Perkins Memorial Scholarship Endowment

ShaneperkinsThe Shane Perkins Memorial Scholarship was established to benefit a non-traditional nursing student who demonstrates caring, helpful and compassionate traits. Shane Perkins was born and raised in Walla Walla, WA.  After graduating high school, Shane spent one year in the Coast Guard pursuing an opportunity to become a Coast Guard Officer.  After one year with the Coast Guard, Shane decided he would prefer to help others by becoming a nurse.  Shane came to LCSC to pursue a bachelor’s degree in nursing.  A primary driver of his decision to pursue a degree in nursing was a desire to help others and make a difference in people’s lives.   Shane possessed great humility, compassion and wisdom beyond his years. 

Unfortunately, Shane never got the opportunity to help others as a nurse.  With about one semester remaining to complete his degree, he suffered complications during a routine surgery and passed away. It was later determined that these complications were caused by a rare undiagnosed lung cancer.

Shane’s parents, Lee and Shannon Perkins, and brother, Seth Perkins, with help from many who knew Shane, established this memorial scholarship in Shane’s name as a way to honor his memory and to help Shane continue to help others.

The Pei Yuin Keng Endowed Scholarship                                                          

Photo Of Pei

The Pei Yuin Keng Endowed Scholarship was established to benefit an international student athlete on the LCSC tennis team with a minimum cumulative GPA of 3.0 who has financial need. Pei Yuin Keng is from Miri, a small town in east Malaysia. Pei began playing tennis at the age of 7. Introduced to the sport by her mother, Pei began competing at the age of 10, winning state and national titles in every age group she competed in. Unable to gain acceptance into a Malaysian university, Pei sought tennis scholarships in the U.S. Under the coaching of Kai Fong, Pei had an amazing tennis career at LCSC with only 6 losses in 4 years.  She was also the national recipient of the Arthur Ashe Award for exhibiting outstanding sportsmanship and leadership. Upon graduating from LCSC with a cum laude bachelor degree in Chemistry, Pei went on to pursue her Ph.D in Chemistry at the University of Arizona, Tucson. After completing her postdoctoral training, Pei was then appointed as the Assistant Professor at the University of California, Los Angeles. Pei Yuin Keng was inducted into the Warrior Athletic Association Hall of Fame in 2017. 

Pei shares, "my streak of luck began with the scholarship that LCSC and the LC community provided me from 2001-2004; it changed my life. Now, it is time for me to give back to the LC community and hope that this scholarship can support hardworking students with financial need."  

 

Leaving a Legacy

How much does it cost?

The minimum amount to establish an endowed scholarship with the LCSC Foundation is $25,000. The principal may be established with a gift of cash or appreciated securities, or through a bequest. Additional gifts may be made to the scholarship fund at any time and may be designated by the donor as additions to the principal or supplements to the annual distribution.

What does it entail?

Endowing a scholarship is a fairly simple process and involves the completion of two forms. The first establishes the guidelines of the scholarship — what type of student will be eligible to apply. The second confers responsibility of managing and investing the endowment to the LCSC Foundation.

What should be considered?

As endowed scholarships by their nature are enduring, and because the one thing the future will surely bring is change, it is important for the guidelines establishing the purpose of an endowed scholarship to be as inclusive as possible. Those interested in setting up an endowed scholarship are encouraged to meet with the Director of College Advancement early in the process of establishing the scholarship. Our staff can help design a scholarship that appropriately reflects the wishes and interests of the donor while keeping the scope of the scholarship broad enough to remain useful into the distant future.

How much will be awarded?

The Foundation’s current endowment spending policy makes provision for annual scholarship distribution amounts which total 4% of the five-year moving average of the market value as of December 31st of each year.