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FAQ: What is the nature of the Scholarship Fund?

This is not your ordinary charitable donation! We do not spend the dollars you contribute to the Scholarship Fund – instead, we hold them “forever.” Hence, the name Forever Dollars Fund.

How can that work? The scholarships and recognitions awarded each year are funded from the annual earnings of the Scholarship Fund. The principle is not touched and we’ve never lost a dollar of it during our investings!

And, DMD is a 501(c)(3) charitable organization and you may qualify to deduct your donation on your U.S. Income Tax filing.

To decide the awards and recognitions, a group of independent judges located across the country examine every scholarship application to determine the scholarships and the honorable mention awards. Those winners for the current and recent past years can be found here – Award Winners.