Spendable vs Endowed Gifts

Spendable Gifts

Spendable gifts are applied to their designated charitable purpose at the time they are received. They can support current scholarships, specific programs, or student and faculty research. Some prefer spendable gifts over endowed gifts because they are applied in full to support today’s programs and students.

Endowed Gifts

Endowed gifts provide essential support for scholarships, lectureships, and research. These gifts remain a part of the university's endowment, which means your generosity will benefit our students in perpetuity.

Create an Enduring Legacy

When you make an endowed gift, its long-term benefits can far exceed its original value. Principal value is never touched when the gift is invested, and an established percentage of its income is distributed annually for use by the University.

Over time, each gift grows in value, providing increasing resources in future years. In short, gifts to the endowment enable us to plan for the future with confidence.

The long-term impact of this support is immeasurable. For this reason, many donors choose to name their endowments—as a personal legacy or in honor of beloved family, friends, or mentors.