THE CASEY CARTER LEGACY SCHOLARSHIP
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​Frequently Asked Questions

​about
The Casey Carter Legacy Scholarship

How much money has been raised to date for CCLS (The Casey Carter Legacy Scholarship?
As of 9/18/25, $60,000 has been raised in support of CCLS

What are the administrative fees or interest charged by JMU to CCLS?
The JMU Foundation does not directly administer interest rates in the traditional sense (as a banking or lending institution would.)  They do have a spending rate that guides how the endowment funds are distributed to support the university's various needs.  The Foundation's target rate of spending for endowments is set at 5%.  This rate is applied to a 12-quarter moving average of the endowment's market value.  Of this spending rate, 4% is allocated for the endowment's purpose while the remaining 1% is used to cover Foundation management expenses.

What happens to CCLS should further monetary goals not be reached?
The initial goal to establish the endowment has been met.  While there is no penalty or repercussion for not reaching additional goals, any additional funds raised will enhance the endowment's impact by increasing the potential return and the amount available to reward.

What is the new link for donors to use?
The first button below will take you to JMU's secure give site.  By typing "Carter" into the *Fund field, you can easily find the designation.  The second button will take you directly to CCLS on JMU's secure give site.
(Or you can access the secure give site by accessing

https://give.jmu.edu/campaigns/50710/donations/new)
JMU's give site
CCLS on JMU's give site

What methods of payment are accepted by JMU and what are the payment steps?
CHECK
When fulfilling a pledge by check, please follow these steps:
1. Make you check payable to the JMU Foundation Inc.
2. Include a note with your check referencing your pledge number
3. Mail your check and note to:
    Advancement Gifts and Records
    James Madison University
    MSC 3603
    1064 Harrison Street
    Harrisonburg, VA  22807

CREDIT CARD
When you make a gift using a credit card, a portion - typically 1.5%-4% - is retained by the credit card company as a processing fee.  While your full donation is receipted, these fees reduce the net amount received by our organization. To help ensure your gift has the greatest possible impact, please consider covering the processing fees or fulfilling your pledge by check, wire transfer or a gift of stock.
Options:
1. Go online to give.jmu.edu/pledgepay
2.Contact your development officer if you'd like your own personal link to pay by credit card
3. Call JMU Foundation at 855-568-4483 to pay by phone (M-F 8-5)

IRA (QCD)

Cash Wire Transfers

Stock or Mutual Funds


  • Home
  • HOW to Give
  • How to Volunteer
  • 5 Things to Know about Casey
  • The Casey Carter Scholar-Athletes of the Year
  • FAQs