Endowment Gift
You can leave a legacy to perpetually support the causes you love with an endowment gift. An endowment is a fund you can create now or in the future to achieve the impact you desire. The income earned on your endowment will provide lasting annual support to your charitable causes.
Endowments are permanent funds in which the principal is held in perpetuity and only the investment income is expended annually. Endowment gifts provide long-term sources of funding for the College. Endowed funds support activities not just for one year, or even one generation, but forever.
An endowment can be established with a minimum contribution of $10,000. Each year an endowment provides a distribution of 4% of the three-year rolling average of the total endowment account. The Foundation does not expend any principal amount of the gift, but may expend income and market appreciation derived from investing the funds.
An endowment can:
- Be named in memory or honor of an individual or company
- Be designated to a campus, several campuses, or statewide
- Be directed to a scholarship, a specific program, an area of interest to you, or unrestricted
- Be utilized to recruit students or assist current students in completing their education
- Assist in recruiting faculty, adjunct faculty, and staff or provide them educational opportunities
- Provide travel opportunities, equipment or materials
Endowment gift video
Income distributed from your endowment
At the time you create your endowment, you sign an endowment agreement that details the scope and desired impact of your endowment funds. Your funds will generally be invested to produce stable, predictable growth. Each year, a set percentage of your endowed funds will be distributed according to your endowment agreement.
Contact Us
If you have any questions about endowment gifts, please contact us. We would be happy to assist you and answer any questions you might have.
