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The state’s Community Scholarship Matching Grant program was created to encourage local organizations to raise money to help students go to college. Scholarship foundations that raise $2,000 for college scholarships receive $2,000 state matching grants. Grants can be distributed to local students or placed in an endowment for future scholarships. Organizations must be tax-exempt and have 501(c)(3) federal tax code status. State legislation gives preference for grants to organizations affiliated with Dollars for Scholars.
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