
The $3.2 million fund will be administered by the Coastal Community Foundation in Charleston. Proceeds from the endowment will fund scholarships for African American college students. The Reverend Pinckney Scholars Program will award scholarships for students in need and provide them with other support services.
Scholarships will range from between $5,000 and $10,000 and will be renewable for up to four years. Preferences will be given to students of substantial financial need, high academic achievers, and those with leadership qualities. Immediate family members of the victims of the massacre at the Mother A.M.E. Church will also be given preference.

