Draft a letter to the donor thanking him ( made up person) for their future scholarship gift and follow directions from a,b, and 3. Provide information for a,b, and 3 and include in thank you letter.

2. You have been speaking to a donor about possibly creating an Endowed Scholarship for one of your university sports. The donor wants to give you $400,000 to fully endow this scholarship. You are to draft a letter to the donor thanking him/her for their future scholarship gift. In the letter you must also list out the following: a. If your university allows for a 5% scholarship award annually from your Endowed Scholarship, how much will the annual award (once fully endowed) be for a $400,000 endowment? Include this total in your letter. b. Once you have identified the sport for this endowed scholarship, you are to list the minimum requirements for a student-athlete to be eligible to earn this scholarship. I want you to think about what criteria would be listed in this section (minimum GPA, does year in school matter, does a certain major matter, can the scholarship be earned by an international student-athlete and/or a U.S. citizen studentathlete). These are just a few of the examples to list, but I want you to be creative here. 3. Since this $400,000 Endowed Scholarship gift will need to sit in the bank for 23 full years, you are also talking to your donor about creating a 3 year Term Scholarship. The Term Scholarship will be awarded immediately and cover the 3 year time period until the Endowed Scholarship can be awarded. Your university has a term scholarship minimum of 3 years and $1,000 per year ($3,000 total). You will need to include another section in your letter that lists the total amount of the term scholarship (you can choose this amount) and how much will be awarded each of the 3 years. Furthermore, you need to list the criteria for a student-athlete to receive this Term Scholarship. In this case, your Term