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.
Two Ways to Leave a Perpetual Legacy
- Make an outright or planned gift to one of our existing endowments in support of Financial Aid
- Create and name your own endowment in support of the College, its students, or its facilities
Benefits of making an endowment gift
- Establish a perpetual source of income for the College with just one gift
- Benefit from an income tax deduction in the year you make your gift
- Avoid capital gains tax on an endowment gift of appreciated property
- Turn a gift from your will into a perpetual legacy
How an endowment gift works
- You make an initial gift to fund an endowment.
- The assets in your endowment are invested in accordance with Catholic teaching.
- The endowment distributes an annual income to achieve your desired impact.
- You can make additions during your lifetime or supplement your endowment with your estate plan.
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.
