An endowment is a permanent, self-sustaining source of funding. Endowment assets are invested, and each year a portion of the earnings, is paid out for the purpose of the fund, while the rest is used to build the fund’s market value. In this way, an endowment fund can grow and can provide support in perpetuity.
An endowment helps to assure a school’s future while supporting its present needs. A strong endowment provides a secure base of resources for core support, reduces dependence on specific funding sources, facilitates long-term financial planning and provides for program flexibility and organizational change.
Giving an endowed gift is an investment in the future.
Contact the Advancement Office to learn how you can make an endowed gift.
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