Teel Family Scholarship

The Fund shall be held as an endowment, as defined by University and Foundation policy. The principal of the gift will be held in the Foundation endowment, and only a budgeted amount will be available for spending. The Fund shall benefit the College of Agricultural, Consumer and Environmental Sciences at the University of Illinois at Urbana-Champaign. If for any reason the current functions of the Unit are transferred to another organizational unit of the University or the name of the Unit is changed, then the Fund will continue to benefit the Unit, as changed. The Fund shall support undergraduate scholarships in the Unit. Preference shall be given to students studying in areas that would help them work in the agricultural industry after graduation.