The Foundation Fund for Women Leaders in College Sports is one fundraising arm of the organization in which individuals make tax- deductible financial contributions through donations of cash, stocks, charitable gifts, or life insurance. The purpose of the Foundation Fund is to support member scholarships to all Women Leaders' educational programs, including Institutes, National Convention, and other professional development opportunities for women in intercollegiate athletics; as well as supporting the salary for two annual internships at the Women Leaders National Office.
The Board of Directors establishes the criteria for use and distribution of the foundation funds, and application and selection of the recipients. The intent of the Foundation Fund is to distribute annually an amount less than the investment return, thus growing the base corpus. The base corpus must reach $100,000 prior to the distribution of funds.