Endowed funds (scholarships, department or school funds, or faculty chairs) are invested and maintained in perpetuity and have a permanent impact. Each year, a percentage of the investment income earned from endowments — such as interest, dividends, or capital appreciation — is distributed to support the specific purpose designated by the donor. Any remaining income is added to the endowment principal to further strengthen its purchasing power over time.

These funds will undoubtedly create a highly visible link between the honoree and the college and serve as a lasting tribute to the namesake. Donors build strong ties with the beneficiaries of their endowment, sharing in the achievements made possible by their gifts. Because endowments are permanent, successive generations of a donor’s family often maintain these relationships and reap the rewards from the honorary nature of their endowment.

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