Here are the questions most frequently asked by Bold.org donors.
If you don’t see the answer to your question, let us know at email@example.com.
Yes! Donations are made to the Bold Foundation, a 501(c)(3) non-profit (Federal Tax ID #84-2719715). When your donation is processed, you’ll receive an email with documentation confirming your tax-deductible donation.
Donations made by credit card process right away. Donations made by ACH can take 3-5 business to process.
Since awards require a time commitment from applicants, we verify that the award is ready by accepting the donation upfront before asking applicants to spend the time to apply. If you have a special request for a different process, please contact firstname.lastname@example.org to discuss!
The Bold Foundation holds the scholarship donation in cash escrow until you’ve selected your winner, at which point we’ll distribute the funds to the winner as specified by your award specifications.
100% of your tax-deductible donation will go to your recipient, and will typically be either applied directly to their tuition or directly to their student loans. In cases where you’ve specified your award to go towards an educational experience, we require documentation from the recipient that the award has been used for eligible expenses.
In general, we work with financial aid offices to apply awards directly to your recipient’s tuition. If you’d like, you can also specify that you’d like your award to go towards paying off your recipient’s student loans, or to covering other educational expenses. In all cases, the purpose of your grant must be to achieve a specific objective, produce a report or other similar product, or improve or enhance a literary, artistic, musical, scientific, teaching, or other similar capacity, skill, or talent of the grantee.
People! Our team reads every application to your scholarship and, based on the selection criteria you define, shortlists the most promising applications for your review.
We currently support one login per donor account, but are working on multi-login support.
Yes! Check our Award Features page for more details.
Yes, we can facilitate this for any award finalists you choose!
Bold.org award applicants have extensive profiles that detail their background, abilities, and goals. These profiles are included in every application and are used to evaluate candidates for no-essay awards.
This depends on your eligibility criteria and award timeline. Scholarships with more narrow criteria will typically 50-200 applications. Broader scholarships will receive many hundreds of applications.
For all scholarships, our team will read every application and shortlist recommended applications for you to review based on the selection criteria you define.
Bold.org applicants range from high schoolers through to graduate students, and include many recent graduates with student debt as well. Based on your award criteria, we’ll reach out directly to eligible applicants and relevant organizations to make sure you get quality applicants.
Yes! Many Bold.org members are graduates who are focused on paying off their student debt.
Bold.org donors include individuals, families, large and small companies, foundations, and more. We make it easy for anyone and any organization to create and manage customized scholarships, fellowships, and grants, in minutes.
We work with highly vetted partner companies that support our operations and allow us to keep Bold.org completely free for applicants and fee-free for donors, with 100% of donations going to recipients.