A sponsor ‘adopts’
a particular student. The sponsor takes
care of the financial needs of one awardee
for a limited period (say, college) or
till the awardee gets a job and starts
earning. The sponsor and awardee will
be in touch with each other. While the
Foundation has no objection to sponsors
directly helping the awardee, routing
financial assistance through the Foundation
will help them get tax concessions.
|