1up

1up

Set up an online bank account of some kind to accept donations or use an online charity/donation site. Also, find ways to get physical currency deposited as well - money gathered at fundraisers.

Find a scholarship (or make one!?) for college education that you can link up with for the donations. Find out the amount needed (or desired) to donate to effectively grant a college scholarship.

Set a threshold on the account so that when a certain amount is reached it triggers a scholarship and grants one to an approved applicant/donates it to the existing scholarship.

It'd be cool if it were called the 1up Scholarship.

Then... you know... raise some money :)