Community foundations have a lot of competition for donors these days. Growth in commercial donor-advised products such as the Fidelity Charitable Gift Fund has exploded, and even churches, universities, and United Way chapters have developed their own donor-advised fund options. As a result, many community foundations are working hard to distinguish themselves from the pack in order to retain and attract new donors. This white paper outlines steps community foundations can take to reach maximum effectiveness and impact with their scholarship funds.