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Looking ahead: Engaging the next generation in your scholarship fund

by Lindsey Tindall, M.A.

For many donors, a scholarship fund is more than a financial commitment—it’s a reflection of deeply held values. It represents a belief in education, opportunity, and the potential of future generations.

It’s only natural, then, to begin thinking about how those values can continue over time.

If your children or other family members are expected to become involved in your scholarship fund in the future, now can be a wonderful time to start the conversation. The purpose would not be a formal handoff, of course, but an opportunity to share your story and invite them into the purpose behind your giving.

Often, the most meaningful place to start is with “why.” You can share your “why” with children of all ages. Why did you establish your scholarship fund? Was there a personal experience that shaped your decision? A teacher, mentor, or moment that made education possible for you or someone you love? Sharing these stories can help the next generation understand that your fund is not just about dollars—it’s about impact.

From there, conversations can naturally expand.

You might talk about the types of students you hope to support, the kinds of educational paths that matter to you, or the community needs you see evolving over time. These discussions don’t need to be highly technical. In fact, they are often most effective when they are informal, open-ended, and rooted in curiosity.

At the same time, many donors find it helpful to introduce their children to the broader educational landscape in the community as they get older. Today’s students are pursuing a wide range of paths, from four-year degrees to technical certifications and apprenticeships. Workforce needs are shifting, and in many communities, there is a growing demand for skilled professionals in areas such as healthcare, technology, and the trades. Understanding these trends can help future generations make thoughtful decisions that keep your scholarship fund relevant and impactful.

This is an area where Community Foundation Tampa Bay can be a valuable partner.

Our team is happy to meet with you and your family members to share insights about local education needs, student experiences, and emerging opportunities. We can also help explain how scholarship funds are administered, how selection processes work, and how your charitable intent can be honored over time.

In some cases, families even choose to involve the next generation in aspects of the scholarship process, such as reviewing criteria or learning about recipient outcomes, as a way to build engagement and understanding.

There’s no single “right” way to approach this transition. The important thing is to begin.

By inviting your children into the conversation now, you’re not only preparing them for a future role—you’re also giving them the opportunity to connect with the purpose behind your philanthropy and to carry that purpose forward in their own way.

Your scholarship fund is already creating opportunities for students. With thoughtful planning, it can also become a lasting expression of your family’s values for generations to come.

If you’re thinking about how to involve the next generation in your scholarship fund, we’re here to help you start the conversation. Contact Community Foundation Tampa Bay to explore how you can engage your family and carry your charitable vision forward for generations to come.

Lindsey Tindall, MA, is Senior Director, Community Investments at Community Foundation Tampa Bay, where she leads the Foundation’s grantmaking and provides strategic oversight of its scholarship program. She works closely with fundholders, nonprofits, volunteers, and community leaders to identify needs and guide effective philanthropic investments. Her work helps ensure that donor intent is honored through strategic investments that strengthen the Tampa Bay community. She can be reached by phone at (727) 655-9601 or via email at ltindall@cftampabay.org.

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