1. The fund accepts contributions and applications for a set period of time. 
  2. At the end of the period, Ellevate Network matches the contributions in the fund, up to $250,000. The total amount is used to calculate the number of fellowships available for distribution. 
  3. The fellowships are granted at random to the qualifying applicants from the applicant pool. In the case that there are more funds than members, the additional amount will be donated to Ellevate’s not-for-profit of choice. 
  4. The fellows can begin utilizing their fellowships mid-June.