Endowment Giving

Build Something That

Lasts Beyond a Lifetime

An endowed gift to the IDEA Promise Foundation is not a donation — it is a permanent investment. Your principal is protected forever, and its returns fund IDEA scholars year after year, long after you are gone.

why Endowment giving is different
The Power Of Endowment

Why Endowment Giving Is Different

Most charitable gifts are spent once. An endowment gift works forever. Your contribution joins a managed investment fund — your principal is never touched, and the annual returns fund scholarships in perpetuity. One gift. Infinite impact.

Perpetual Impact

Endowment funds are permanent. Your gift, once made, will support IDEA scholars every single year — for decades, generations, and beyond. It never runs out.

Principal Protection

Your endowment principal is never spent. Only the returns are distributed, following a formal Investment Policy Statement reviewed by our Finance Committee each year.

Your Name, Your Legacy

Endowed funds can be named in honor of you, your family, a loved one, or your company — creating a meaningful and lasting recognition tied to student achievement.

Giving Methods

Flexible Ways to Make Your Gift

Cash Gift

The simplest and most immediate form of endowment investment. One-time or multi-year pledge commitments both accepted.

Appreciated Securities

Donating stocks or mutual funds that have appreciated in value may allow you to avoid capital gains tax while maximizing your gift's impact.

Bequest / Will

Name the IDEA Promise Foundation as a beneficiary in your will or trust. A bequest costs nothing today and creates a legacy that will endure.

IRA Charitable Rollover

If you are 70½ or older, you can transfer up to $105,000 per year directly from your IRA to the Foundation — tax-free and satisfaction-guaranteed.

The Math Of Endowment

See How Endowment Grows Over Time

An endowed fund of $25,000, invested at a conservative 5% annual return, distributes approximately $1,250 per year in perpetuity. Over 20 years, that's $25,000 in scholarships — in addition to your original gift, which remains intact forever.

A $100,000 endowment generates approximately $5,000 in scholarships every single year — helping 2–4 students annually, compounding impact year over year.

Minimum fund to create
$ K
Annual Scholarships generated
$ 0 k

Years your fund
will give

From Our Donors

Why Investors Choose IDEA Promise

"A Return You Can Feel."

"We've made many charitable investments over the years, but the IDEA Promise Foundation is different. Every year, we receive a report about the student our scholarship funded. We watch them graduate. That's not a donation — that's a return you can actually feel."

— Corporate Partner, Texas-Based Financial Services Firm

"My Parents' Legacy, Now Permanent."

My parents were immigrants who believed education was everything. When I established the Garcia Family Endowed Scholarship, I gave their belief a permanent home. Every student who receives it carries their legacy forward."

— Individual Donor, Garcia Family Scholarship Fund

Your Legacy

Starts Today.

Whether you give $5 a month or establish a $100,000 endowment, you are choosing to invest in a future where every IDEA student who earns a seat in college also earns their degree. That future starts with you.

Education Endowment Giving and Scholarship Support
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Erich Hollister serving as Treasurer of the IDEA Promise Foundation Board of Directors.

Erich Holmsten - Treasurer

Erich Holmsten brings more than 20 years of finance experience to IDEA and its operations as a large publicly and privately funded nonprofit.

Based in Fort Worth, where he also chairs the Tarrant County IDEA Regional Board, Erich is the Founder and the Managing Partner of E Capital in Fort Worth. Before his current role, he was a Vice President in Corporate Finance with Merrill Lynch in New York and an Associate with Morgan Stanley.

Erich is active in a variety of boards and organizations. He is a board member of Performing Arts Fort Worth. Previously, he was a member of the University of Texas 1883 Council and a Partner for the Next Generation Fellows at Robert S. Strauss Center at The University of Texas at Austin.

Erich and his wife, Gloria, have three daughters. He earned his undergraduate degree from the University of Texas at Austin and his M.B.A from Rice University.

Ed Rivera serving as Vice Chair and Secretary of the IDEA Promise Foundation Board of Directors.

Ed Rivera - Vice-Chair & Secretary

Ed Rivera grew up in Brownsville, Texas, and can relate to the experiences of IDEA’s students in the Valley based on his experience attending schools in Brownsville ISD.

Ed worked for more than 40 years in the petrochemical and consumer product industries. He has experience leading global business initiatives in 29 countries, including Russia, China, South Korea, and throughout Western Europe and South America. Back in his home region, Ed is an active civic leader in the Rio Grande Valley. He served as the President of the Economic Development Corporation of Laguna Vista, Texas, where he supported the growth of small businesses. He also served as a Trustee for Texas Southmost College and has served on multiple government and nonprofit boards, including the Laguna Vista Planning and Zoning Board, the Foundation Board at the University of Texas RGV, Hooked for Life, Brownsville International Airport, the Brownsville Museum of Fine Arts, and the American Marine Institute. Ed earned his undergraduate degree in chemical engineering from the University of Houston and an M.B.A. from Harvard Business School.

Collin Sewell, Board Chair of the IDEA Promise Foundation Board of Directors.

Collin Sewell - Board Chair

Collin Sewell is a son, husband, father, leader, and entrepreneur. His responsibilities span from serving his family to leading a team of over 500. Collin finds his roots in two hardware store families in the late 1800s and early 1900s. On his mother’s side, the Meacham family left their hardware store in Fort Worth, Texas for the newly released Oklahoma territory. In Western Oklahoma, they laid their claim to their own homestead during the Oklahoma Land Run. On his father’s side, Edward Franklin Sewell started selling Ford Model Ts from his hardware store in 1911. As the Great Depression took its toll in 1929, E.F. loaded up his family and headed west for a new start. That new start landed them in Crane, Texas, just south of Odessa. In 1935, The Sewell family began their next chapter of the car business in Odessa, Texas. Brothers Woody and Carl Sewell purchased Sewell Ford in 1935. Four generations and over one hundred years later, Collin Sewell is now the Proprietor of The Sewell Family of Companies, which includes:
  • Sewell Ford
  • Sewell BMW of the Permian Basin
  • Sewell Cadillac of the Permian Basin
  • Sewell Buick GMC of Midland
  • Sewell Chevrolet Buick GMC of Andrews
  • Sewell Chrysler Dodge Jeep RAM of Andrews
  • Press Café
  • The Parks Legado Town Center
Collin’s leadership in his family’s automotive dealerships and his people-focused efforts consistently promote living a life in service to others. Collin currently serves as a member for:
  • The Education Partnership of the Permian Basin
  • Opportunity Odessa
  • EQUIP Global Leadership
  • The John Maxwell Leadership Foundation
  • Chair of IDEA Public Schools
His past service includes:
  • Two-term President of The National Dealer Council for Ford Motor Company
  • Two-term President of The Education Foundation of Odessa
  • Member of Growing Leaders founded by Dr. Tim
  • Member of The Lincoln National Dealer Council